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Month: December 2015

The Peter Schiff Show

Is the Fed Playing Chicken With the Stock Market? – Ep. 124

The U.S. stock market finished up its worst week since August, when everybody though a rate hike was just around the corner Substantial triple-digit losses across the board The Dow Jones closed down 309 points – almost 4% Similar percentage decline for the S&P 500 The NASDAQ dropped 111 points, over 4% decline for the …

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The Peter Schiff Show

Draghi Fails To Deliver. Will Yellen Be Next? – Ep. 123

Mario Draghi of the ECB sent shockwaves through the foreign exchange and currency markets today He didn’t deliver the stimulus traders expected The big question is, will Janet Yellen surprise the market by failing to raise rates? The ECB did slightly lower interest rates, and extended QE if it will be needed Draghi’s goal is …

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The Peter Schiff Show

Yellen’s Confidence Defies Data, Logic, and Common Sense – Ep.122

The price of gold was down another $15 today, a 6-year low Selling began early this morning following a better than expected jobs report from ADP This is private payrolls released a couple of days before the official government Non-Farm Payroll number, coming out on Friday Last month’s ADP report was 182,000 jobs, which was …

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