Fed will start QE next year, 'three stage pivot' by 2024, these assets will outperform - Nomi Prins

Kitco News, Released on 10/25/22

This is part 1 of 2 of the full interview. Stay tuned for part 2 on "Permanent Distortions".

Nomi Prins, financial analyst and best-selling author, recaps the causes of market volatility in the U.K. and discusses her outlook on Federal Reserve monetary policy with David Lin, Anchor for Kitco News.

0:00 - Overview of U.K. news3:05 - Volatility in U.K. markets5:44 - U.K. fiscal policy8:22 - How to fix the economy13:11 - Fed QE soon?15:00 - Diesel supply crunch16:45 - Supply chain and inflation18:58 - Fed pivot20:00 - What is Wall Street doing?22:30 - Decade-long bear market?

Nomi Prins is an American author, journalist, and Senior Fellow at Demos. She has worked as a managing director at Goldman-Sachs and as a Senior Managing Director at Bear Stearns, as well as having worked as a senior strategist at Lehman Brothers and analyst at the Chase Manhattan Bank. Prins is known for her books All the Presidents' Bankers: The Hidden Alliances that Drive American Power, Collusion: How Central Bankers Rigged the World and Permanent Distortion: How the Financial Markets Abandoned the Real Economy Forever.

economy, Fed, fed pivot, QE

Fed will start QE next year, 'three stage pivot' by 2024, these assets will outperform - Nomi Prins added by Herman James on 10/24/2022View all posts by Herman James ?+'