The Stock Market Falls Again: What’s Really Happening?

"Wall Street is now pricing in four interest rate cuts by the end of the year. Last week, they thought maybe we'll see a couple interest rate cuts before the end of the year. Now, they're predicting four interest rate cuts, a whole percentage point cut of interest rates by the end of 2024."

"And now because unemployment jumped up to 4.3% the SOM rule now says that we are going to see a recession."

"I can guarantee you things are going to continue to stay crazy. They're going to get crazier as we enter closer to an election. As we start to see more economic pain, if we see more wars develop overseas, things will continue to stay crazy."