Rate Cuts Too Late? Danielle DiMartino Booth Warns of Consumer Debt Crisis

Rate Cuts Too Late? Danielle DiMartino Booth Warns of Consumer Debt Crisis

In an insightful interview at the Rick Rule Symposium in Boca Raton, Jeremy Szafron, Anchor at Kitco News, speaks with Danielle DiMartino Booth, CEO & Chief Strategist of QI Research.

DiMartino Booth delves into the implications of Jerome Powell's delayed rate cuts and the looming consumer debt crisis, offering her expert analysis on the potential economic impacts.

She discusses the anticipated aggressive rate cuts in response to recent economic data and their effects on the broader economy.

Additionally, DiMartino Booth examines the influence of the artificial intelligence revolution on employment, the rise in bankruptcy filings, and the unprecedented levels of non-mortgage debt among U.S. households.

Tune in for an in-depth discussion on these critical economic issues.