The FOMC decision...what happens next?

After an intense couple days, the verdict is in, and it looks like trouble for you ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ BONUS CONTENT | March 23, 2023  |  [Sign Up]( Dear Reader, The Federal Reserve met this week to decide on a path forward regarding interest rate hikes in the fight against inflation. And the results were a little … surprising. Two weeks ago, most analysts expected at least a 50 basis point hike, and no one was anticipating an end to the increases since inflation is still running rampant. So what gives? Why would the Fed slow raising rates to combat inflation? [The banking crisis.]( In a financial crisis, the banks go first. After the recent fiascos for Silvergate, SVB, Signature Bank, First Federal and across the pond Credit Suisse (among others), people are afraid. And they should be. Banks use your money to invest on their own behalf, paying you less than pennies on the dollar to keep your money in their accounts. Then when everyone wants their money back, we find out they don’t have it. That’s when the banks start selling their own assets to meet the demand… and cause even more fear. So in steps the FDIC, who guarantees deposits up to $250,000. But they only have enough reserves to cover less than 2% of what they’re meant to insure! So the Federal Reserve steps in. The same Fed who is deciding the value of our money. The Fed guarantees the FDIC. But they don’t have the money either. That means they need to print it. In this case $2 trillion in new money! Ironically, endless money printing is the single largest driver of inflation in history. Despite their statements, Jerome Powell and co. have more or less decided to throw in the towel in the fight against inflation. With one hand they’re raising rates, with the other they’re buying assets in the market through a program known as “quantitative easing”. That’s not great news for Americans. Especially not American investors who have to watch their purchasing power and portfolios erode as a result. So what are our options? We laid it all out during Tuesday’s live webinar. [You can watch the free replay here.]( I strongly urge you to watch it immediately. So it goes, Addison P.S. [Watch the replay]( until the end for a special offer to help you survive and thrive during this crisis The Daily Missive from The Wiggin Sessions is committed to protecting and respecting your privacy. We do not rent or share your email address. By submitting your email address, you consent to The Wiggin Sessions delivering daily email issues and advertisements. To end your The Daily Missive from The Wiggin Sessions e-mail subscription and associated external offers sent from The Daily Missive from The Wiggin Sessions, feel free to [click here.]( Please read our [Privacy Statement.]( For any further comments or concerns please email us at feedback@wigginsessions.com. If you are having trouble receiving your The Wiggin Sessions subscription, you can ensure its arrival in your mailbox by [whitelisting The Wiggin Sessions.]( © 2023 The Wiggin Sessions 808 Saint Paul Street, Baltimore MD 21202. Although our employees may answer your general customer service questions, they are not licensed under securities laws to address your particular investment situation. No communication by our employees to you should be deemed as personalized financial advice. We expressly forbid our writers from having a financial interest in any security they personally recommend to our readers. All of our employees and agents must wait 24 hours after online publication or 72 hours after the mailing of a printed-only publication prior to following an initial recommendation. Any investments recommended in this letter should be made only after consulting with your investment advisor and only after reviewing the prospectus or financial statements of the company. Sent to: {EMAIL} [Unsubscribe]( Consillience, LLC, Saint Paul Street, 808, Baltimore, Maryland 21202, United States