RATE AND REVIEW this podcast on Facebook. https://www.facebook.com/PeterSchiff/reviews/ The Fed’s Game of Chicken The big news was yesterday, when Fed Chairman, Jerome Powell, basically flinched. I’ve been talking about the game of chicken that the Federal Reserve has been playing with the markets. The way the game of chicken goes, is the markets keep moving […]
The Fed Flinches, Powell Put in Play – Ep. 418 Read More »
RATE AND REVIEW this podcast on Facebook. https://www.facebook.com/PeterSchiff/reviews/ 25% Tariffs Will Inflict Rather Substantial Damage to the U.S. Economy The Dow Jones managed to finish the day up just over 100 points – I think that was about the high of the day, and we erased a loss that at one point was better than
Two Wrongs Never Make a Right – Ep. 417 Read More »
RATE AND REVIEW this podcast on Facebook. https://www.facebook.com/PeterSchiff/reviews/ Dow Could Not Hold Onto the Gain After yesterday’s, I think 550 point drop in the Dow, the market bounced back a bit today. I think at one point earlier in the day the Dow managed to gain over 200 points, but it could not hold on
As Bubbles Burst the Malinvestments Are Exposed – Ep. 416 Read More »
RATE AND REVIEW this podcast on Facebook. https://www.facebook.com/PeterSchiff/reviews/ FAANG’s Took a Big Bite Out of the Market Another Monday, another big down day for the U.S. stock market, it is turning out to be one hell of a quarter; not all of the declines happening in October. But as I said earlier, it doesn’t have
The Confidence Bubble Has Popped – Ep. 415 Read More »
RATE AND REVIEW this podcast on Facebook. https://www.facebook.com/PeterSchiff/reviews/ Optimism Over No Tariffs Fueling Market Move Donald Trump, I think, was the reason the markets ended up finishing in the black today, at least most of the major indexes. In fact, the only index that was down on the day was the NASDAQ – the NASDAQ
Even Jim Cramer Knows More Than the Fed – Ep. 414 Read More »
Dear Peter, I understand you probably get this a lot, I’ve heard you talk about it from time to time regarding your impact on people’s lives. I just feel like I should let you know the drastic impact your message has had on my life over the past 18 months. 18 months ago, I was
You Changed My Life Read More »
RATE AND REVIEW this podcast on Facebook. https://www.facebook.com/PeterSchiff/reviews/ Very Negative Technical Action We had another roller coaster ride in the stock market today, with the Dow Jones ending down about 200 points, but that was well off the lows of the day. I think we were down about 350 points, or close to it, at
Investors Oblivious as Multiple Bubbles Pop – Ep. 413 Read More »
The commentary below is from Peter Schiff, Chief Economist and Global Strategist of Euro Pacific Capital and author of the The Real Crash: America’s Coming Bankruptcy. Please feel free to excerpt what you like with proper attribution. To speak with Peter, please contact Andrew Schiff at 203-662-9700 ex. 135 or aschiff@europac.net.By: Peter Schiff, Chief Economist and Global
The Stock Market Economy Read More »
RATE AND REVIEW this podcast on Facebook. https://www.facebook.com/PeterSchiff/reviews/ Surrendered Rest of Post-Election Gains in One Day As I thought, it didn’t take long for the markets to surrender all of the post-election gains. The Dow Jones today was down 602 points, so we’ve already lost it. It took one day. On my podcast on Friday
Share Buyback Chickens Coming Home to Roost – Ep. 412 Read More »
RATE AND REVIEW this podcast on Facebook. https://www.facebook.com/PeterSchiff/reviews/ Dead Cat Bounce Flattens Out The Dow Jones was down a little over 200 today, closing back below 26,000. NASDAQ composite down 124 – that’s a bigger percentage decline, 1.7%, approximately. The Composite is being led lower by the tech stocks, particularly the FANG stocks once again
Rising Prices Reflect Inflation Not Growth – Ep. 411 Read More »