Mike Larson – Safe Money Report – Wed 1 May, 2019

Comments on the Fed statement but more importantly look at how unsustainable the move in the NASDAQ has been

Mike Larson, Editor of the Safe-Money Report joins me to recap the Fed statement today and the provides a general look at the moves this year in the NASDAQ and semi-conductors. First regarding the Fed, they remain paused and don’t seem to care that inflation has dropped. Powell also is trying to limit rate cut expectations in the short term. On to the US markets rebound so far this year and how there is no way it can continue at this rate.

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