Forget Rate Hike, Fed Will Do More QE

This post Forget Rate Hike, Fed Will Do More QE appeared first on Daily Reckoning.

The two engines powering global economic growth, the United States and China, have broken down.  As a result the global economy is losing altitude fast.  This was the subject I discussed during an interview on CNBC Squawk Box this morning in Singapore.

Click the play button in the video below to watch:

Regards,

Richard Duncan
for The Daily Reckoning

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The post Forget Rate Hike, Fed Will Do More QE appeared first on Daily Reckoning.