September 2018

JOIN PETER at the New Orleans Investment Conference https://neworleansconference.com/conference-schedule/ Ominous October Today was the end of the month of September; it’s also the end of the third quarter we are now beginning the final quarter of the year.  When we come back to trading next week, we will be in the month of October, and […]

Eighth Interest Rate Hike As expected, the Federal Reserve raised interest rates for the eighth time, today. The rate is now 2 to 2.25 percent, so I guess the midpoint is 2.125%.  The move was highly anticipated, of course, even I expected the Fed to raise rates.  At this point I had been expecting that

JOIN PETER at the New Orleans Investment Conference https://neworleansconference.com/conference-schedule/ Divided Government is Good? If the Democrats get control of Congress, which is a likely occurrence, what I’m hearing now is that this is bullish for the stock market! The stock market bulls are saying that if we have divided government that this is historically positive

JOIN PETER at the New Orleans Investment Conference https://neworleansconference.com/conference-schedule/ Illusion will be Replaced with Harsh Reality This is dangerous stuff.  This is the same thing thing that was being said when George Bush was President. Just because you’re a Republican you don’t have to claim that anything that was done by another Republican is great,

RATE AND REVIEW this podcast on Facebook https://www.facebook.com/PeterSchiff/reviews/ Sacrificed on the Altar of Political Correctness I want to spend the rest of this podcast talking about politics; in particular, what’s going on with Brett Kavanaugh and his fading chances of sitting on the Supreme Court.  It appears that he may be sacrificed on the altar

RATE AND REVIEW this podcast on Facebook https://www.facebook.com/PeterSchiff/reviews/ Making the Rich Pay Julia Salazar, another Democratic Socialist defeated Martin Dilan in the NY Senate primary.  The only reference to taxes on her website was to “make the rich pay their fair share”.  That’s it.  Nothing about what specifically she wants to raise, by how much she

CHECK OUT Buying Bitcoin is Like Buying Air https://youtu.be/XmMQAuO62gI Another Round of Tax Cuts Now the Republicans are talking about another round of tax cuts. Just in time for the November election. Whether or not these tax cuts actually get passed is anyone’s guess, but it will be an issue on the campaign trail, either

CHECK OUT Buying Bitcoin is Like Buying Air https://youtu.be/XmMQAuO62gI GM Hit New Low for the Year If you want to look at some of the signals you’re getting from the markets, look at the automobile stocks: General Motors and Ford, which are basically the only 2 automobile companies we have left. (Chrysler is now owned

Another Bear Market Before the Election The odds are that we are going to have another bear market and we’re going to have another recession and the odds are that both are going to start before the next election. What are the odds that Trump can be re-elected if we are in a recession and