Soar Financially, Released on 3/22/23
Powell & the Fed just raised rates by 25 bps – gold exploded higher, the Dow Jones dropped and the US Dollar is also down. Axel Merk explains the Fed action and the market reaction to it all. Fear of a recession is creeping back in.
Axel Merk is the Founder, President, Portfolio Manager, and CIO at Merk Investments LLC. He is an expert on qualitative research and macroeconomic trends. Mr. Merk is also an expert on macro trends, hard money, international investing, and on building sustainable wealth, and he is a pioneer in the use of strategic currency investing to seek diversification. He is a speaker and author on topics ranging from the economy, gold, and currencies to sustainable wealth and personal finance, as well as a regular guest and contributor to the business media around the world. Mr. Merk is an Author of the book Sustainable Wealth: Achieve Financial Security in a Volatile World of Debt and Consumption.