Craig Hemke believes that the Fed will be forced to cut rates at the next meeting on June 18-19. The yield curve has become inverted which is almost always a precursor to recession. Is the economy actually weakening? It only takes two consecutive quarters of negative growth to make a recession. The Fed has run out of choices. Let's see what happens next.
Known primarily by his nickname "Turd Ferguson," Craig Hemke is the founder and editor of the popular TF Metals Report blog and podcast, covering precious metals, the financial markets, and greater economic trends.