Fed Hawks Turn Chicken – Ep 806
· Fed raises benchmark interest rates higher than it has in 20 years. · Lyft stock hits 52 week low. · Jerome Powell admires Paul
· Fed raises benchmark interest rates higher than it has in 20 years. · Lyft stock hits 52 week low. · Jerome Powell admires Paul
· NASDAQ has worst first 4 months since 1971. · S&P has worst first 4 months since 1939. · FANG stocks enter bear market. ·
· Mortgage are rates too high for anyone to refinance for better rates. · Markets rally on horrific economic news. · Russia ranks higher than
Better Luck Next Fall I just got back yesterday from the New Orleans Investment Conference, and I actually came to Connecticut for a few days;
Visit me at the Benzinga Trading Conference, NYC tomorrow Fed Tweaking Language to Officially Adopt Easing Bias Keeping with its tradition of having a tendency
Recorded June 10, 2019 Tariffs Off, Gold Gapped Down On Friday’s podcast, I speculated that potentially we could see a gap up in the price
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
Dow Ending a Down Week on a Positive Note The Dow managed to finish a down week on a positive note; the Dow Jones was
ECB Announces Dovish Tightening The big market-moving central bank announcement this week was not the Fed. They came out with their so-called “hawkish hike”, but
Economy Slowing Down We got quite a bit of economic data that was released today, pretty much all of it confirming what everybody seems to