First published at 15:54 UTC on March 20th, 2024.
Shark Tank star Kevin O’Leary calls the Fed’s rate cuts a “fantasy” that “won’t happen” this year in an exclusive conversation with Daniela Cambone. He sees the current economic situation as stable and favorable and points out that the Fed's ma…
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Shark Tank star Kevin O’Leary calls the Fed’s rate cuts a “fantasy” that “won’t happen” this year in an exclusive conversation with Daniela Cambone. He sees the current economic situation as stable and favorable and points out that the Fed's mandate for inflation is 2%, and with inflation hovering around 3%, there's no urgent need for rate cuts. Regarding the recent mishaps plaguing Boeing, O’Leary points out the amplified scrutiny brought by social media, making it challenging for the company to navigate its reputation. Additionally, he emphasizes the importance of maintaining separate financial identities for couples, advocating for each partner to have their own bank accounts, credit cards, and even investment accounts. Tune in now and be part of the conversation!
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📖 CHAPTERS:
00:00 Introduction and Fed Policy
02:30 Japan's Economy and Global Financial Crisis
03:47 Banking Crisis and Digital Economy
05:17 Online Harms Act and Canadian Government
08:08 TikTok and Potential Buyers
10:15 US Politics and Election
12:01 Canadian Politics and Justin Trudeau
14:15 Investment in Canadian Mining
16:21 Digital Economy and Boeing
23:13 Separate Bank Accounts in Relationships
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