Park Avenue Numismatics
5084 Biscayne Blvd, Suite 105
Miami, FL 33137
Toll Free: 888-419-7136
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Over 30 Years Experience
Park Avenue has over 30 years
experience buying and selling
Rare Coin and Precious Metals.
We have the knowledge and
ability to provide our customers
with the best products and services.
'The Fed is breaking things' Here's what has Wall Street on edge as risks rise around the world
10.6.22 - "The Capital Destruction Could Be Devastating"
Gold last traded at $1,712 an ounce. Silver at $20.61 an ounce.
CNBC---Is the Fed really breaking things? According to some experts, the answer is yes! What consequences might this "breaking" bring? How will the moves the Fed is making today affect us and our money? Here's what those experts are saying.
"As the Federal Reserve ramps up efforts to tame inflation, sending the dollar surging and bonds and stocks into a tailspin, concern is rising that the central bank’s campaign will have unintended and potentially dire consequences.
Markets entered a perilous new phase in the past week, one in which statistically unusual moves across asset classes are becoming commonplace. The stock selloff gets most of the headlines, but it is in the gyrations and interplay of the far bigger global markets for currencies and bonds where trouble is brewing, according to Wall Street veterans."
