Fed Will Hike Rates in 2H of 2019, Says Plurimi’s Armstrong

The video discusses the relationship between Fed policy, economic growth, and interest rates. It predicts that growth will surprise to the upside, leading to persistent inflation and potential Fed rate hikes. The discussion highlights the accommodative nature of current policies and the convergence of higher interest rates with slower economic growth. The impact on the dollar is examined, noting political risks and the attractiveness of reserve diversification into gold and other currencies. The video concludes with a perspective on Europe's economic outlook.

What does the speaker predict about economic growth and interest rates?

What are the implications of reserve diversification mentioned in the text?