The Prospector News Michael Fox and Chris Temple of the National Investor analyze the Federal Reserve’s recent moves, criticizing Jerome Powell’s explanation of rising inflation and expressing doubt that the Fed will meet its 2% target amid entrenched stagflation.

They highlight the challenges facing President Trump’s economy, including high debt and rising living costs, while discussing the ongoing government shutdown’s social impact, especially on vulnerable populations reliant on government aid.

The conversation covers the political fallout from upcoming health subsidy changes and the potential electoral consequences in key states. They also examine the recent U.S.-China trade deal, calling it largely ineffective, and emphasize the need for a strong industrial policy to reduce dependence on China’s rare earth exports.

Chris and Michael warn of overheated markets, caution on AI investment hype, and stress the importance of strategic government investment in mining and energy, comparing approaches from both administrations while forecasting a market correction with a long-term optimistic view on metals and exploration.

The National Investor