On Friday we finally got the Non-Farm Payroll numbers for July The consensus is that this reports indicates that an interest rate hike is inevitable This is the rate hike that everybody has been expecting and this report see The report is weak, relative to previous months, but slightly ahead of the consensus It seems […]
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Don’t Expect a Normal Reaction to an Abnormal Situation – Video Blog Read More »
By: Peter Schiff, President and CEO Euro Pacific Capital Over the past few years observing changes in Federal Reserve interest rate policy has been a little like watching paint dry or grass grow…only not as exciting. That’s because the Fed has not changed its benchmark Fed Funds rate since 2008 (Federal Reserve, FOMC). So with
What Kind of “Improvement” Does the Fed Want? Read More »
One piece of positive economic news ISM Non-Manufacturing Index for July surged to 60.3 – highest number in 10 years The ADP Employment Report came in at 185,000 jobs, well below the consensus June Trade Deficit rose 7.1% – in line with expectations June Layoffs rose to 105,696 biggest layoff number in 6 years Consumer
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Will The Bad News Finally Matter? – Ep. 101 Read More »
