LAL Live Part I: John Maxwell + Translating Wall Street and the Fed (NPS May 27)

Norm opens by recalling his whereabouts on the day of the Sandy Hook shooting, and what he saw this morning that brought him to a new low.  We get the government we deserve, but do we not deserve better than this? We has become of service? What has become of honor? Law enforcement in Uvaldi have some explaining to do.  Norm points out the proposition that government has no duty to protect citizens against acts of private violence as SCOTUS held in DeShaney v. Winnebgo County DSS (1999).  Norm then pivots to the first hour's entree, Mr. John Maxwell, a former Wall Street professional and a long-time Norm friend.  What is the Federal Reserve Bank? Quantitative easing?  What about the current economic moment? John discusses the unique qualities of the current economic outlook and what factors are squeezing the average family financially.  If the Fed has explicitly stated that it is going to destroy demand in an effort to decrease inflation, how are rising interest rates therefore going to impact the market and the downstream economy? Locally? Globally? Norm says it feels like a "giant shell game." Is it? Like, share, and subscribe. Norm is live every weekday from 12pm ET to 2pm ET on WICC600 AM/107.3 FM. Stream Norm live at https://www.wicc600.com/#.