On Making Money with Charles Payne, Shah addressed the question on everyone’s mind right now: will the Federal Reserve raise interest rates in September?
If so, what effect with that have on global markets?
It could have a huge impact on U.S. equities, the bond market, and even the presidential election.
That the markets are making new highs right now indicates that the Fed has the leeway to raise rates, but as Shah correctly points out, the central bank keeps moving the goalposts when it comes to rate increases.
What will happen come September? Click below for the full video: