On Tuesday, conservative commentator Tucker Carlson released the latest episode of 'Tucker Carlson Uncensored' to discuss President Biden's worsening economy and the role of the Federal Reserve in the markets. "Is the Fed lowering rates to get Joe Biden reelected, or is the truth actually much scarier than that? Jeffrey Gundlach explains," Carlson wrote on X/Twitter.
Carlson explained in his monologue that Federal Reserve Chair Jay Powell flip-flopped on cutting interest rates in the upcoming year, with Tucker explaining that "many people who were paying attention concluded that this was political. Joe Biden is losing the race, and the Fed is trying to save him. But what if it's worse than that? What if it's not just Joe Biden they are trying to save but the US economy? What if the fundamentals are so weak underneath that the Fed is desperately scrambling, groping in the dark to figure out what to do? You have to think that is possible. The Fed is supposed to be stable... but if they are changing their mind on the biggest question that they addressed in two weeks... that suggests chaos."
In a clip of the interview with Gundlach, the American businessman explained the fundamental problem with the "deficit-based scheme" that has dominated the American economy for decades and his outlook for the American economy in the coming year.
WATCH:
Carlson explained in his monologue that Federal Reserve Chair Jay Powell flip-flopped on cutting interest rates in the upcoming year, with Tucker explaining that "many people who were paying attention concluded that this was political. Joe Biden is losing the race, and the Fed is trying to save him. But what if it's worse than that? What if it's not just Joe Biden they are trying to save but the US economy? What if the fundamentals are so weak underneath that the Fed is desperately scrambling, groping in the dark to figure out what to do? You have to think that is possible. The Fed is supposed to be stable... but if they are changing their mind on the biggest question that they addressed in two weeks... that suggests chaos."
In a clip of the interview with Gundlach, the American businessman explained the fundamental problem with the "deficit-based scheme" that has dominated the American economy for decades and his outlook for the American economy in the coming year.
WATCH:
Carlson's full interview with Gundlach can be viewed on the Tucker Carlson Network's website here.Is the Fed lowering rates to get Joe Biden reelected, or is the truth actually much scarier than that? Jeffrey Gundlach explains. pic.twitter.com/2Sko3CFRp9
— Tucker Carlson (@TuckerCarlson) January 2, 2024
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