Gareth Soloway: What The Fed Said Confirms Everything

Gareth Soloway:  What The Fed Said Confirms Everything

Only The SAVVY has finally released a new video! We're happy to share it today on Croblanc. It was released on September 22, 2022 and it has already made a lot of talk on social networks!

Most of our members follow our articles on Croblanc, so you are not very surprised that we talk to you today about the Youtube channel Only The SAVVY! The videos that are broadcasted there have been of great interest to the internet for quite some time now. That's why we're telling you about it today, because this new video might pique your interest.

Today, September 22, 2022, the Youtube channel Only The SAVVY has published a new content with the title Gareth Soloway: What The Fed Said Confirms Everything. If you want to watch this video in streaming, you have come to the right place!

The video is currently in vogue on the web and could be at the top of the trends on Google's VOD platform. After it was uploaded just 30 minutes ago by the Youtube channel Only The SAVVY, many Internet users started to watch it with great interest. It is often like that on this channel which regularly publishes videos similar to the one we are talking about today.

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For your information, you can find below the description of the video Gareth Soloway: What The Fed Said Confirms Everything published by the Youtube channel Only The SAVVY:

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As expected, the Fed raised rates by 75 basis points and the markets reacted swiftly. All three traditional benchmarks finished more than 1.7% down, with the Dow, posting its lowest close since June 17, with the Nasdaq and S&P, respectively, at their lowest point since July 1, and June 30. Bitcoin is currently trading at $18,743.28, down 1.5% in the past 24 hours, while Ethereum is down 5.6% in the past 24 hours, trading for $1,2646.62. The Feds decision did not come as a surprise, however, Fed Chairman Jerome Powell’s comments spooked the market more than the hard facts. In his press conference, Fed Chair Jerome Powell said U.S. central bank officials are "strongly resolved" to bring down inflation from the highest levels in four decades and "will keep at it until the job is done," a process he repeated would not come without pain. Analysts and pundits are starting to believe that the Fed can take this too far, and this can lead to an economic depression. In an interview on the Small Caps podcast, Trader and Analyst Gareth Soloway discussed what he sees in the aftermath of Fed Chair Jerome Powell’s commentary. For quite some time, Gareth has been stating that the Fed is trapped and does not have many options unless they want to proceed into a depression. After hearing Powell’s speech, he believes the Fed might be stubborn enough to aggressively proceed with hiking rates to which Gareth believes, Bitcoin and other risk-off assets will thrive, as many will see it as a safe haven from all the political turmoil.
Watch the full unedited interview here ⬇ [Credits] 🙏
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