This is the Worst Nightmare Scenario for People Who Run Money Warns Danielle DiMartino Booth

“I think that the 60% probability of one rate hike between now and January will probably get revised away, but it doesn't matter,” says Danielle DiMartino Booth, CEO and chief strategist for research and analytics firm QI Research. She emphasizes that Fed Chair Jerome Powell is looking for a reason to maintain higher interest rates so that he can eventually break the Fed put. Danielle says, “I am on board with his mission of breaking the Fed put... [but] don’t actually think that that’s going to happen.” She explains that even though JPMorgan Chase CEO Jamie Dimon warned investors against today's economic instability, she doesn’t believe it’s “hyperbolic” given his vantage point. “He's seeing from the front lines, and he's seeing in his credit card data that the consumer's finally slowing down…he's really got a good view on the confluence of events,” Danielle concludes.

[caroledoerr]

They want a whole generation to become dependent on the FED for money. They want to create a CBDC!

[privateuploads-geo]

Loved Danielle's book FED UP.... she documented that the FED is composed mainly of acadamians who have little to zero real world business acumen. She said they have not run business, not had to make payrolls, not had to manage cash flow, not had to pay bills like every real business owner.

[rof]

DDB says the fed is bad for America but why is she trying to suggest the fed can return to 2%. It's done. The fed cannot stop printing. If it does, it'll result in depression.

[danielmcgregor]

His "mission" has crippled the capital markets and is crushing segments of the population. If his mission is civil unrest and blood in the streets, he's doing a bang up job.

[fohponomalama]

Someone wisely said we need less Lawyers and more Accountants in Congress and even the WH.

[gratenate]

Excellent! Thank you Daniela! My 40-year old son has two $100K Whole Life policies w/$40K in surrender value! I'm recommending he take the cash value BEFORE the life insurance companies pewk! They are the DUMB money now!

[tacmason]

It is sad that it is like this, it is never the less a good thing to hear Sensible women like you both !

[islandaerial]

They are called Credit Card Millionaires. All they do is keep refi-ing their HUGE debts. That is coming to an end, along with everything else...

[Elsa-qyhr]

Stimulus dried up. College/University loan bills come due. Market plunging into the depths. Prices for everything rising.

[QuixoticRealty]

I don't understand how 'one comes before the other' on the quantitative easing question. There's no way to make the payments and interest to the national debt without printing money

[izecold]

If all of the world would reallocate their economic energy into Gold, Silver and Bitcoin then War and Empire cannot continue on. Oh what a wonderful world ot would be.

[kristoffersonfox]

Cambone and DiMartino on the same set ! ❤ these ladies pack a punch of financial knowledge! you should do a regular show together and debate the idiocy of "The Fed" ...

[manojm]

Glad to see 2 women sharing their expertise in economics 😊. Both are good 👍

[grandcherokey]

Great interview. The guest seemed to have well-based opinions on all topics. I would pick to be on my team.

[FUteehee]

I always like Danielle 's perspective. She is very knowledgeable

[patrickladucer]

Daniel love your show and guests. Only the best minds in their field.
Keep up the good work and service.

[jerrycrosby]

Daniela and Danielle simply the Best 🙏🙏

[snowbird]

Question:
Other countries gave their citizens multiples of what the US did during Covid.
How come they are not suffering multiples of the US?

[casperkittae]

Good guest. Got right to the point on everything.

[alohastateofmind]

Everyone is yoloing because they feel like owning a home is not worth saving for and unattainable.