The Real Side - The Fed Plans for Interest Rate Hikes
Show Notes:
- David appears at 15:15
- The Fed announces they are planning to raise interest rates in December and 3 times in 2018.
- They are also looking to reduce their balance sheet by at least 10B per quarter.
- This will most likely lead to a recession, but the Fed is doing this to prevent a major collapse.
- This will be good for gold, bad for stocks and real estate.
Investors should diversify their investments to protect their wealth.