The Federal Reserve just raised rates again. Less than 24 hours later, my calls of a recession (I've been saying it since January) came true. The American economy is shrinking. It creates a dangerous and highly volatile cocktail. On one hand, the economy is crashing. On the other... the Fed can't seem to slow inflation. History tells us this is when big things happen. That's exactly what I suspect will occur on September 21 - something big. It could be a disaster for Americans... especially those with savings. Here's why. Be well, Andy |
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