The Daily Cut

The daily e-letter that brings you the best moneymaking ideas from Nomi Prins, Teeka Tiwari, and the rest of the Legacy Research team.

Two Escape Routes From the Fed’s Chaos Machine

The Fed is between a rock and a hard place. It can either keep raising rates and further hurt the banks… Or it can take its foot off the gas and risk letting inflation run higher. And today, it chose the rock of hurting the banks over the hard place of letting inflation spiral out of control. Here's what...