Danielle DiMartino Booth: “What’s Really Happening Inside The Fed” Hedgeye Investing Summit ?

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Danielle DiMartino Booth: “What’s Really Happening Inside The Fed” (Hedgeye Investing Summit)

Takeaway: This interview aired on Thursday October 15th, 2020

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This is an exclusive “Hedgeye Investing Summit” interview between Danielle DiMartino Booth, CEO & Chief Strategist of Quill Intelligence and CEO Keith McCullough.

To watch other “Hedgeye Investing Summit” interviews, click here.

Danielle DiMartino Booth

The Fed’s buying junk bonds ? Really ? Who Owns The Fed ?

The answer isthe Federal Reserve is not “owned” by anyone. With authority derived from Congress via the Federal Reserve Act of 1913, the Fed serves as a politically independent and nonpartisan entity within government, said St. Louis Fed economist David Wheelock. It’s accountable to the public and elected representatives in its mission to promote a stable financial system and healthy economy.

Ask a stupid question … get a stupid answer ! ?

Bing Search Results – Who ‘owns’ the Fed that we’re all so fed up with ?