Ignore the Feds! | 587

As I looked deeper into the trends and the treasury yields, I realized that the feds aren’t actually setting rates for anything - they’re simply following what the treasury yields are saying and are reacting to it. They aren’t responsible for anything that’s happening! 

Listen to this episode to learn more about what’s currently happening to the markets, why we should stop listening to the feds, and what we can do to protect our money from the recession that’s bound to come! 

Key Talking Points of the Episode

[02:05] My background
[03:50] Are the feds gonna be the one to raise the rates?
[04:25] Why should we stop listening to the feds?
[06:30] Why are the treasury yields more important?|
[11:11] Do the feds really matter? 
[11:49] What’s driving the rates? 
[14:13] Where is the human behavior today? 
[14:43] How do you protect your money?
[15:39] Are we gonna move into another recession? 
[16:34] Where should you be when the recession happens?
[17:50] Am I scared of the coming recession? 

Quotables

“I thought that as they start to announce those things, it drives rates up, and eventually drives things down, but the truth is the fed, you should stop listening to them.” 

“Even though they are bankers, they’re just extensions of politicians in many ways.”

“If you really wanna see what’s going on, watch it. Watch what these treasury note yields do.”

“People actually believed in the late 70’s that the next 5 years were gonna be worse than the last 5 years.”

“You do not want to be speculating. You wanna be in places where it’s more recession resistant. You wanna be in places where people need places to live.”