news 
Legendary Trader Peter Brandt Bashes Fed and Its Recent Policy Pivot
Renowned trader Peter Brandt has expressed his discontent with the recent policy shift by the Federal Reserve (Fed). According to Brandt, the Fed’s decision to cut interest rates despite rising inflation rates signals a lack of understanding of market dynamics.
In a tweet, Brandt stated that “the Fed is totally clueless about economics.” He further emphasized that “markets have realized that inflation is back on the rise” and that this realization has led to an increase in gold and Bitcoin prices.
Source: u.today
