· Everyone realizes recession is coming, but nobody realizes how bad it will be. · Too many people are getting rich off war in Ukraine
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· Dow Jones just did something it hasn’t done since the great depression. · Rates in the UK and Japan headed higher. · Weakness and
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· Netflix loses subscribers. · Incomes are collapsing at an unprecedented rate. · We’re probably in a bear market that will last at least a
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There was a little March Madness on Wall Street. In fact, the month turned into an old-fashioned blood bath. But you wouldn’t have found any carnage in
Japanese will pay higher taxes, officially or through inflation. All bonds, not just treasuries, will fall in price. Biden calls for new wealth tax. https://media.blubrry.com/schiffradio/dts.podtrac.com/redirect.mp3/api.podcache.net/episodes/52b71a74-088c-42fc-9e7a-a33239d45fe1/stream.mp3Podcast:
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Aliens didn’t invade the Earth, and the Federal Reserve didn’t raise interest rates If you remember, I was pegging the probability of each at roughly
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As I mentioned in my video blog I recorded on Friday, the jobs data that came out on Friday was just not weak enough for
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First it was the ECB, and then it was the Bank of Japan, cutting interest rates overnight to -.1% That is the first time in
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By: Peter Schiff, President and CEO Euro Pacific Capital Most economists and investors readily acknowledge that the current period of central bank activism, characterized by
