Stocks rally, gold falls as Fed signals next major moves – Thomas Hayes


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The Federal Open Market Committee left interest rates unchanged today at their September meeting.

Thomas Hayes, managing partner of Great Hill Capital, told David Lin, anchor for Kitco News, that “the earliest you’re going to see a rate rise would be end of 2022, and more likely into 2023,” he said.

Follow David Lin on Twitter: @davidlin_TV (https://twitter.com/davidlin_TV)
Follow Thomas Hayes on Twitter: @HedgeFundTips (https://twitter.com/HedgeFundTips)

0:00 – Fed decision
6:00 – Dot plots
8:15 – Inflation and jobs market
10:26 – Evergrande
13:40 – Recessions and stocks

#stocks #Fed #Evergrande
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