Danielle DiMartino Booth: Trump, Powell and US Recession Reality — Where to Focus Now

‪@DanielleDiMartinoBoothQI‬ of QI Research shares her thoughts on the US economy, shedding light on Federal Reserve Chair Jerome Powell's latest commentary and discussing where the central bank may take interest rates in December and longer term.

She also goes over where investors may want to focus their portfolios right now.

"I would also say though for investors that to the extent that they're going to be exposed to the stock market, they should also be focused on companies that behave like gold — that are defensive in nature, that have really strong cashflow streams and are able to maintain their dividends and provide safe harbor when other riskier asset classes don't do the same," DiMartino Booth explained.

❓ Will the Fed continue cutting rates in 2025? Tell us in the comments!

This interview was filmed on November 14, 2024.

#Investing #Economy #Fed

0:00 - Intro
0:37 - Powell's economic stance
3:44 - Why Powell can't be fired
7:03 - What will the Fed do next?
9:09 - Trump policies and lag effect
13:01 - US is already in a recession
18:12 - Watch bank failures in 2025
20:20 - Where to invest right now?
24:54 - Outro

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