Rick Rule founder of Rule Investment Media speaks with our Daniela Cambone about the Federal Reserve's next moves after hitting $8 trillion on its balance sheet. "The Fed is in a box...they have placed themselves in a box with their policies," Rule explains.
With inflation uncomfortably high and the COVID-19 Delta variant raising economic concerns, a divided Federal Reserve meets this week to discuss when and how it should dial back its ultra-low-interest rate policies.
Rick Rule, founder and chairman of Sprott Global Resource Investments Ltd., began his career in the securities business in 1974. He is a leading American retail broker specializing in mining, energy, water utilities, forest products and agriculture. His company has built a national reputation on taking advantage of global opportunities in the oil and gas, mining, alternative energy, agriculture, forestry and water industries. He is also the founder of Rule Investment Media.