It's Fed Day! Jerome Powell decided to hold interest rates instead of cutting. We explain why this was a terrible decision. Also on the show, the government is weakening the dollar on purpose to match the administrations economic goals, and why consumer sentiment data may be faulty.

0:00 Intro

0:38 Jerome Powell and the Fed are asleep at the wheel

3:46 The US government is weakening the dollar ON PURPOSE

7:03 Why the US economy needs AI to succeed

10:03 It's time to stop paying attention to consumer sentiment reports

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Pomp writes a daily letter to over 265,000+ investors about business, technology, and finance. He breaks down complex topics into easy-to-understand language while sharing opinions on various aspects of each industry. You can subscribe at:

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Jerome Powell And The Fed Are Making A HUGE MISTAKE