The Case for NO Rate Cuts This Year

“The Fed will not cut rates this year.”

That’s what the chief economist at Apollo Asset Management just said.

If he’s right, that would be fantastic news for income investors because higher rates are creating a massive opportunity to earn huge income in 2024.

Click here to see how you could earn an extra $5k per month.

In a new note to clients, Apollo’s Torsten Slok said that…

  • Wage inflation is stuck at 4%-5% annual rate
  • More businesses are still looking to raise prices
  • And a rebound is coming in housing inflation (partly because of a rise in rents).

As a result, the Fed may not be to cut rates this year.

In his own words:

“The reality is that the U.S. economy is simply not slowing down, and the Fed pivot has provided a strong tailwind to growth since December, [so] the Fed will not cut rates this year and rates are going to stay higher for longer.”

He also said that many measures of inflation are pointing higher again…

… including Supercore Inflation at 4.5%.

Meanwhile, asking rents are rising and home prices are rising too.

Just 2 months ago, markets were pricing in 6 rates cuts in 2024.

But even though the RATE of price increases (inflation) has slowed…

Prices are still rising – and inflation is still a big problem.

That’s why Torsten says “the Fed will spend most of 2024 fighting inflation.”

Frankly, Fed Chairman Jerome Powell’s legacy is at stake.

Losing the war on inflation would be horrible.

So he’s likely to keep rates higher for longer.

This would be fantastic news for income investors because higher rates mean higher income from every investment.

Meaning, you can buy high yield income investments at cheap valuations – creating an almost perfect set up for huge profits in the coming months for you.

This gives you the power to make money in two ways:

  1. Earn high yields on your cash investment today, and…
  2. Capitalize with long-term capital gains as asset prices rise

And that’s why I’m doing two very important things right now.

The first one is looking to BUY income plays that are paying big, fat and even monthly yields of up to 15% (with the potential for another 20% – 30% in capital gains)…

… while also taking advantage of massive, 1-day payouts of up to 45%.

The second thing I’m doing is sharing all my income plays with subscribers just like you in a book that is 100% free today.

In it, you’ll discover:

  • The best high-yield funds that pay +10% income (and a trade at a huge discount)
  • How you could earn 20% in real estate – WITHOUT buying REITs
  • How you could collect a +45% dividend in just 1 day (enough to turn a $10k investment into a 1-day payout of $4,501)

So, if you’d like to turn your portfolio into a cash-flowing machine in 2024…

Simply go here for urgent instructions (again, it’s 100% FREE).

Yours in Wealth,

Ian Wyatt

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