Gerald Celente trends podcast: Fed Chair touts “optimism”: Recovery or recession?

Gerald Celente, Progressive Radio Network, Released on 6/8/16

While Federal Reserve Chair Janet Yellen and fellow Fed members bombarded the business media with the refrain that America’s economy was strong, and to expect an interest-rate rise “in the coming months,” this week, global forecaster Gerald Celente reminds his listeners what the facts – what the hard, indisputable data – say about the true state of the economy. So while Yellen states “the economy has registered considerable progress over the past several years toward the Federal Reserve’s goals of maximum employment,” hard data dispute her jobs-progress claim. In fact, since 2009, 95 percent of all income gains have gone to the richest 1 percent while median household income remains below 1999 levels. There is no recovery.

Gerald Celente is a pioneer trend strategist and founder of The Trends Research Institute. He is the author of the national bestseller Trends 2000: How to Prepare for and Profit from the Changes of the 21st Century and publisher of the internationally circulated Trends Journal newsletter. Gerald Celente is a political atheist. Unencumbered by political dogma, rigid ideology or conventional wisdom, Celente, whose motto is “think for yourself,” observes and analyzes the current events forming future trends for what they are – not for the way he wants them to be. Gerald Celente has earned his reputation as “The most trusted name in trends” by accurately forecasting hundreds of social, business, consumer, environmental, economic, political, entertainment, and technology trends.

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