Jim Rickards: Fed raised rates too late
Billionaire investor Sam Zell just joined a growing number of experts predicting a US recession within the next 12 months, so Edward Harrison breaks down his reasoning for doing so. Then Jim Rickards, editor of Strategic Intelligence and author of “The Death of Money,” offers his analysis of the IMF’s decision to classify Russia’s $3 billion loan to Ukraine as “intergovernmental,” and why the Federal Reserve should have raised interest rates years ago instead of this week.
After the break, Danielle DiMartino Booth, chief market strategist at The Liscio Report, examines the housing markets impact on US GDP numbers. George Howard, associate professor of music business at Berklee College of Music, then tells Ameera David why Taylor Swift is one of the few artists with the power to take on the growing might of the streaming music industry.
Finally, in The Big Deal, RT correspondent Simone Del Rosario has the latest on Brazil’s battle with Facebook-owned messaging service WhatsApp.
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