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In this video, Peter delves into the Federal Reserve's recent pivot towards easing monetary policy, exploring its implications for the economy, job market, and your retirement account. He includes an analysis of the Fed's shift from tightening (raising interest rates) to easing (lowering rates and implementing quantitative easing). Peter also consider the potential impact of this pivot on the likelihood of an upcoming recession, as historically, such shifts have often signaled economic downturns within 12-18 months. Additionally, Peter examines how these changes could affect the stock market, with a historical perspective showing significant drops post-pivot.
Peter St Onge from @Profstonge has granted us permission to upload this video for our audience.
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DISCLAIMERS/TERMS/RULES:
► I am not a professional financial adviser, nor do I offer financial advice. This video is for entertainment only. Please consult your investment and tax experts for financial advice.
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