Is the Fed ever going to raise interest rates? Professional trader and analyst Rick Ackerman contends, “Multinationals got hurt pretty bad on their earnings in the fourth quarter; and yet, all throughout the first quarter, the Fed was talking about tightening.
It’s bull, they’re not going to tighten. I keep putting it out there. When will the Fed tighten?
The answer is never. I know, realistically, there will be some tightening, but it will be done by the market and not by the Fed. . . . They can’t possibly tighten with the strong dollar.”
Join Greg Hunter as he goes One-on-One with financial forecaster Rick Ackerman.
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