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Breakdown of FOMC Minutes and the Bitcoin Sell-Off

Schwab Network

English - May 20, 2021 11:43 - 8 minutes - 51.1 MB - ★★★★★ - 23 ratings
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Kim Forrest says the FOMC minutes show the Fed will continue to support asset markets. She says they may begin to taper their purchases might start to deal with inflation that they see as more than transitory. Kim also says the craze that has been crypto has been a speculation rather than a true substitute for a fiat currency like the dollar. She also gives her thoughts on CSCO and AMD.