00:00President Trump has left no stone unturned in his effort to spur investment in the American economy,
00:07from reordering the global trade landscape to creating an entirely new investment vehicle for newborn Americans.
00:14But the White House can only do so much.
00:17At a certain point, the Federal Reserve must also do its point, its part, to spur investment.
00:24I believe the Federal Reserve needs to merely have an open mind.
00:30The open mind maestro, former Fed Chair Alan Greenspan, resisted premature rate hikes during the technology boom in the 1990s, and history proved him right.
00:41I think that we are still substantially above the neutral rate, and I think that we should not be in restrictionary mode.
00:50What do you think is the right number?
00:53I think most models would show the 250 to 325, but again, I don't target a specific interest rate for the Fed.
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