Sell in May and Go Away U.S. stocks closed out the week and the month of May with heavy losses; the DJIA down 354.84 points. Pretty much going out near the low of the day. That’s a drop of 1.4%. NASDAQ also getting killed – 114.57 down – that was a 1.5% decline on the …
Ep. 471: Mexico Won’t Pay for the Wall or the Tariffs Read More »
Podcast: Download
Recorded May 29, 2019 The End of the Bear Market Rally Back on May 1, when I did my podcast, I officially called for the end of the bear market rally that so many people had confused for a new bull market, and the impetus for that call was the Fed coming out and not …
Bond Buyers Correct About Recession But Bet Won’t Pay Off – Ep. 470 Read More »
Podcast: Download
Recorded May 22, 2019 Low Inflation is Transitory Today we got the release of the most recent minutes of the Federal Open Market Committee, and I guess it was a bit of a mixed bag for people who were looking for whether the Fed was going to be more hawkish or more dovish with respect …
Will Tesla Crash the Corporate Bond Market? – Ep. 469 Read More »
Podcast: Download
Don’t miss the movie, “The Housing Bubble” premiering June 26, 2019 Back in Puerto Rico I am finally back in Puerto Rico, after having spent 8 long days in Las Vegas for both the SALT conference and The Las Vegas Money Show. I really do enjoy coming back to Puerto Rico, I miss it quite …
Ep. 468: Consumer Confidence Begins with a Con Read More »
Podcast: Download
The commentary below is from Peter Schiff, Chief Global Strategist of Euro Pacific Capital, a division of A.G.P. / Alliance Global Partners, a Registered Investment Advisor and a full-service broker/dealer. He is the author of the The Real Crash: America’s Coming Bankruptcy. Please feel free to excerpt what you like with proper attribution. To speak with …
VISIT PETER AT THE LAS VEGAS MONEY SHOW May 13 – 15, 2019 https://conferences.moneyshow.com/…/4532d84bf…/peter-schiff/ As Noted on My Last Podcast… As I suspected on Friday’s podcast, the 400-point reversal that saw the Dow move from down 300 points + to up 100 points on the close was in fact, reversed today, and the Dow Jones …
Of Course You Know, This Means War – Ep. 467 Read More »
Podcast: Download
VISIT PETER AT THE LAS VEGAS MONEY SHOW May 13 – 15, 2019 https://conferences.moneyshow.com/moneyshow-las-vegas/speakers/4532d84bf93311d3a5dd00104b96e7b5/peter-schiff/ Recorded May 10, 2018 Why Escalate Trade War If Negotiations Are Going so Great? The U.S. stock markets finished off the worst week of the year with a gain despite the fact that, as expected, the trade talks between the United …
The Fed Created an Uber Problem – Ep. 466 Read More »
Podcast: Download
See Peter at the SALT Conference at the Bellagio, Las Vegas May 7-10, 2019 https://www.salt.org/bio-schiff-peter Market Volatility I just arrived in Las Vegas, where I will be spending the next 8 days – I actually have 2 conferences heres; I have the SALT Conference (SkyBridge Alternative Asset Conference) that really kicks off tomorrow, though there …
Did Trump Tank Stocks to Force Rate Cut? – Ep. 465 Read More »
Podcast: Download
Recorded May 3, 2019 See Peter at the SALT Conference at the Bellagio, Las Vegas May 7-10, 2019 https://www.salt.org/bio-schiff-peter Jobs Surge in April, Unemployment Rate Falls Today is Jobs Friday; the first Friday of the month, that we get the nonfarm payroll number. I don’t know if the markets anticipated more or Donald Trump, because …
Job Headlines Still Mask the Real Story – Ep. 464 Read More »
Podcast: Download
Recorded May 1, 2019 VISIT PETER AT THE LAS VEGAS MONEY SHOW May 13 – 15, 2019 https://conferences.moneyshow.com/moneyshow-las-vegas/speakers/4532d84bf93311d3a5dd00104b96e7b5/peter-schiff/ Market Looking for Validation of Expectations Today was the conclusion of the FOMC meeting in which the Federal Reserve left interest rates unchanged, and that is exactly what the market was expecting. Nobody expected the Fed to …
The Fed Is Far More Dovish Than It Admits – Ep. 463 Read More »
Podcast: Download
