This sector will feel the pain first
From the Stansberry NewsWire team:
How is the economic mission of the Trump administration playing out so far?
In this week’s MarketCast, Scott Garliss, Greg Diamond, and John Gillin discuss “Tax Cuts 2.0,” the potential pain of a higher interest-rate environment, and why some big financial corporations received a bailout in 2008-2009… and why others did not.
Scott weighs in on the Facebook data breach that led to a huge selloff in the stock – erasing over $35 billion in value and counting.
Greg breaks down the latest technicals on bitcoin… What level does it need to hold for the trend to stay bullish? And are cryptos now safe-haven trades when stocks drop?
John asks Greg why central banks around the world have their work cut out for them trying to balance the other side of the Quantitative Easing (QE) equation with Quantitative Tightening (QT).
And Scott tells you what to expect from the Fed announcement this week, and what higher interest rates might mean for the markets moving forward.
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