Macro Guru Raoul Pal Says Fed Is Creating Crisis To 'Cut Rates And Monetize The Debt'
Portfolio Pulse from Bibhu Pattnaik
Former Goldman Sachs executive Raoul Pal predicts a looming crisis that will force the Federal Reserve to introduce bailout packages. He suggests that the crisis will allow the Federal Reserve to abandon its strict monetary policy and provide the necessary liquidity to address the substantial national debt. He also mentioned that the current market setup resembles the 2015-2016 cycle.
July 16, 2023 | 4:27 pm
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Former Goldman Sachs executive Raoul Pal's prediction of a looming crisis could potentially impact investor sentiment towards Goldman Sachs, given his previous association with the company.
Given Raoul Pal's previous association with Goldman Sachs, his prediction of a looming crisis could potentially impact investor sentiment towards the company. However, as he is no longer directly associated with the company, the impact may not be as significant as if he were still an executive at Goldman Sachs.
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