We are breaking down the latest Federal Reserve split, Jamie Dimon’s private credit warning, and why the K-shaped economy is masking a hidden middle-class recession. Kitco News Anchor Jeremy Szafron sits down with Fed insider Danielle DiMartino Booth, CEO of QI Research, to expose the real data behind the Wall Street headlines.
From the largest Fed committee dissent since 1992 to major private credit write-downs and hidden job losses in the labor market, DiMartino Booth explains why the central bank may be “too late” to the easing process. The discussion also covers commercial real estate stress, the freezing housing market, how AI is impacting temporary employment, and what Tether’s $20 billion physical gold hoard signals for the U.S. dollar and global capital flows.
Recorded May 1 2026
What is the real inflation rate you are experiencing in your city right now? Let us know in the comments below!
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Timestamps:
00:00 Markets Send Mixed Signals
00:57 Fed Dissent And What It Means
02:34 Warsch Era And Hidden Labor Data
05:42 Bond Yields And CRE Stress
07:12 Private Credit Cracks Widen
10:45 K Shaped Economy Reality Check
12:52 Consumers Tapped Out And Travel Slump
14:07 Housing Freeze And Layoff Pressure
15:11 Jobs Data Mirage And AI Temps
18:25 Global Flows Gold And Final Takeaways
#DanielleDiMartinoBooth #FederalReserve #PrivateCredit #Economy #KitcoNews #GoldMarket #Inflation #InterestRates #Investing
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41 Comments
Danielle says the warning signs are not just in the Fed, they are showing up in private credit, commercial real estate, manufacturing and the consumer.
What worries you most right now: debt, inflation, jobs, banks, or the dollar?
She’s out to lunch and I’m Trumps corner obviously
Don't worry folks, AI has our backs, everything is ok.
Gas in san Diego @ $6.17 gallon!!!!!!
She wants lower interest rates……GTFOH!
I'm sorry but this woman is an idiot. "Oh great question Jeremy". No, stupid question.
J Powell is the only one in Trump's line of fire willing to stand up to him! So, that willingness will be missed.
Real Inflation will remain at over 8% for the next 10 years. : (
She is spot on! 🎯
People are Rich and have too much money 💰
Good video and very informative!
Horseshit, you’re another person who wants everything to remain ideal for the rich minority.
Interview Marc Faber also please.
Who could have seen that lending to subprime borrowers could go so bad.Danielle DiMartino Booth is spot on.
No one can destroy the country more than Greenspan, Bernanke, and Yellen did.
Dollar is trash! You better buy bitcoin and XRP
Depression coming guaranteed! Worldwide
She hasn't been wrong yet.
Honnêtement, J’ai bien aimé la partie stratégie, ça m’a fait réfléchir. Je fais du contenu dans la même vibe sur ma chaîne. 👏👌 Merci pour le partage.
I love these SNL skits where they present the US Monetary System as a real functioning market. LOL ❤️ it as they joke about Fed supplied numbers being Real!
😡😡😡😡🔥🔥🔥 TRICKLING DIWN FROM THAT TREASONOUS OBIDEN ADMINISTRATION,!!!
Sorry, but all the problems you are lamenting up to 20:20 were not caused by socialism, but by the dedperate attemps of the kleptocracy to stamp out socialism. Why are you boosting the stupid dogma about socialism being inflationary right at the very moment that the inflation caused by the dogmatic anti-socialist elitist policies is wrecking us all? Kinda ruins your credibility, dontcha think?
Honnêtement, J’ai bien aimé la partie stratégie, ça m’a fait réfléchir.
BS-I can’t fly to my Memorial Day vacation destination because there aren’t available seats.
Every restaurant in my area is FULL 7 days a week.
Grocery stores full every weekend.
My commute takes 45 mins to go 16 miles because so many people moved here and clog up the roads.
Still building in my area. Apts and houses and commercial buildings.
The doom and gloom is in areas of blue states or California entirely!
Have friends in Seattle that say they’ve never seen anything like the exit of corporations and the lack of construction.
Our company has had record sales, especially the last two months with no slow down anticipated.
They need a new fall guy .
Would a default
Take the Stock market
With it.
Small business closures are linked to tariffs. How would a lower interest rate help that?
Get a bus pass
Is this woman talking stock market economy or workers economy cause they're different!
And this time cause Dems take over government purse in Jan in the House, Trump will get NOTHING in tax payer relief like we saw in 2008!
Since the rich have the most money, my opinion is let them suffer, let the rates go up, let the high leveraged companies go under,(no bail outs) the stock mkt will go down 25-30%, we'll have a year of pain, and then we can reset to a common sense economy, if you don't have the money saved for most purchases you save, you don't go into unmanageable debt!
Its like removing a band aid, Trump's put us into a no win position, and the pain will be there, either do it quick, or slowly!
Relying so heavily on this “alternative data” is why she has been so wrong in calling 60 of the last 0 recessions. Oof.
I really don’t notice the shopping market slowing down. I mean I’ve actually cut back on eating out and I don’t take vacations in the US very much. I usually go to Europe more bang for the bucck
Omfg she is a liar. She is just repeating the lies!!! Don’t fall for this propaganda
Danielle DiMartino Booth is ALWAYS a insightful / profound speaker – thank you for having her.
last time i saw her she was complaing about poor people getting food stamps ALL THE TIME
Illuminati New World Order
Puke. The Fed is Babylonian money magic used to enslave humanity. Period End of story. End the Fed, usery, fiat currency and fractional reserve. These ppl are demons.
Be careful , young generation have nothing to lose today 😡 !…. They can vote for communist Muslim like New York City!… Politics didn't get it yet???. They will pay the price the next election or civil war , revolution, !… Nothing to lose here like Europe today ,!… Enjoy the tsunami coming 🌊🌊🌊🌊🌊🌊🐑💉💥💸
Always great content from Danielle DiMartino Booth!
💸
ALWAYS WORTH FOLLOWING.
She is a smart cookie
I live on a lake all yr, thats my vacation. Live in the woods of Mn. Wouldn't live in the cities. More people moving out of cities. Cost of education is out of control. Go 4 yrs and cant find a job.