Advertisement
Australia markets closed
  • ALL ORDS

    7,811.40
    -87.50 (-1.11%)
     
  • ASX 200

    7,561.10
    -81.00 (-1.06%)
     
  • AUD/USD

    0.6405
    -0.0021 (-0.33%)
     
  • OIL

    84.39
    +1.66 (+2.01%)
     
  • GOLD

    2,395.60
    -2.40 (-0.10%)
     
  • Bitcoin AUD

    96,816.71
    +1,315.48 (+1.38%)
     
  • CMC Crypto 200

    1,283.96
    -28.66 (-2.18%)
     
  • AUD/EUR

    0.6020
    -0.0011 (-0.18%)
     
  • AUD/NZD

    1.0883
    +0.0008 (+0.08%)
     
  • NZX 50

    11,796.21
    -39.83 (-0.34%)
     
  • NASDAQ

    17,394.31
    -99.31 (-0.57%)
     
  • FTSE

    7,877.05
    +29.06 (+0.37%)
     
  • Dow Jones

    37,775.38
    +22.07 (+0.06%)
     
  • DAX

    17,837.40
    +67.38 (+0.38%)
     
  • Hang Seng

    16,135.77
    -250.10 (-1.53%)
     
  • NIKKEI 225

    37,121.39
    -958.31 (-2.52%)
     

The Fed is planning for the next recession and they're making a big mistake: NYSE trader

Alan Valdes, director of floor operations at Silverbear Capital, joins Yahoo Finance's Alexis Christoforous from the floor of the New York Stock Exchange to discuss a new plan being floated by current and former Federal Reserve officials, including Chicago Fed president Charles Evans, San Francisco Fed president John Williams, and former Fed Chairman Ben Bernanke.