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(4/30/20) What the Fed Said (Full Show)

Re-opening for Business; Q1 GDP includes only two weeks’ business in March; Q-2 missing 1/3 Q-business from April; Expect 30-40% drop in Q-2 GDP; Michael Lebowitz – What the Fed Said; +5% Unemployment for a while; CB intervention = 29% of GDP; Fed is not achieving goals, making recovery more difficult; Jobless numbers preview; Making Socialism Attractive: making more money on unemployment; PPP went to only 5% of intended businesses; Re-opening economy: What People will do differently; Fed can do anything it wants until real inflation shows – only cure is less money circulating; Market analysis and commentary from RIA Advisors Chief Investment Strategist, Lance Roberts, and Portfolio Manager, Michael Lebowitz, CFA
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Lance Roberts
Finally, financial news that makes sense. Lance Roberts, the host of "StreetTalkLive", has a unique ability to bring the complex world of economics, investing and personal financial wealth building to you in simple, easy and informative ways but also makes it entertaining to listen to at the same time.
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