David Morgan: Federal Reserve Is Out of Ammo To Prop Up The Economy
Wall St for Main St welcomed back David Morgan, he is the editor of The Morgan Report and CEO of Lemuria Royalties.
For more information on The Morgan Report go to, http://www.themorganreport.com/
For more information on Lemuria Royalties, go to http://lemuriaroyalties.com/
What did we talk about?
The possibility that the Federal Reserve will implement negative interest rate.
Does the Federal Reserve have anymore tools at their disposal to prop up the economy?
Can the Dow Jones hit 20,000 before the end of the year?
The state of the capital market for the mining stocks as gold and silver prices are up 30% this year.
Are the gold and silver stocks in overbought territory as many stocks are over 200% this year?
I have def been following these markets, good luck hope to see more.
Most sectors in the market is overvalued except commodities like oil, gold and silver. We recommend caution in investing in other sectors.