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[148] Marc Chandler looks at ECB policy & Catherine Austin Fitts on tech & future econ

Summary:
The US Department of Commerce released its final estimate for gross domestic product in the United States for the first quarter of this year. And while analysts had expected downward revisions, this latest revision was a shock– it was the largest downward revision in the history of GDP reporting. The economy contracted at a 2.9% ...

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The US Department of Commerce released its final estimate for gross domestic product in the United States for the first quarter of this year. And while analysts had expected downward revisions, this latest revision was a shock– it was the largest downward revision in the history of GDP reporting. The economy contracted at a 2.9% pace. Edward takes a look.



Then, we bring you part two of our interview with currency expert Marc Chandler who takes a look of recent European Central Bank decision. After the break, Edward speaks with Catherine Austin Fitts of the Solari Report to get a handle of how technological changes will affect our future economy.



In today’s Big Deal, Edward Harrison sits down with Thom Hartmann to get his take on the recent Supreme Court ruling on Aereo TV. Check it out.



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Marc Chandler
He has been covering the global capital markets in one fashion or another for more than 30 years, working at economic consulting firms and global investment banks. After 14 years as the global head of currency strategy for Brown Brothers Harriman, Chandler joined Bannockburn Global Forex, as a managing partner and chief markets strategist as of October 1, 2018.

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