Kitco News: Will the Fed’s Rate Cuts Backfire?

In a recently aired segment of Kitco News, anchor Jeremy Szafron sat down with Peter Boockvar, Chief Investment Officer at Bleakley Financial Group, to delve into some of the h*****t topics plaguing the U.S. economy today. With rising concerns over interest rate cuts, persistent inflation trends, and China’s mounting influence on the global gold market, their conversation painted a vivid picture of the current economic climate. At the heart of Boockvar’s analysis is the widening chasm between Wall Street and Main Street—an issue that has come to light as the economy continues to fluctuate. While major indices may reflect bullish…