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FOXNEWS Americas Newsroom June 4, 2024 14:37:00

Point. so i think the markets are getting ahead of themselves celebrating here. i think powell may say something marginally we re keeping an eye on it and pull back if we have to. we have a long way to go. bill: the president was asked about it yesterday and when will you get inflation under control and he said maybe by the end of next year. there you go. that s a lot of 50 basis point rate increases. one other thing. the fed raises rates, bubbles and scams appear out of nowhere. bernie madoff was uncovered tuned himself in because we had a financial crisis. it was all about the financial crisis of 2008. therefore people pulling money out of his fund. the same thing is happening with crypto. people are bailing out of crypto because markets are starting to normalize. there will be a lot more scams coming up. the mean stocks that everybody said were so great. amc, there will be scams in ....

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