Peter Schiff is an economist, financial broker/dealer, author, frequent guest on national news, and host of the Peter Schiff Show Podcast.  He follows up his daily two-hour radio show with podcasts focusing on weekly economic data analysis and unbiased coverage of financial news, both in the U.S. and global markets.  As entertaining as he is informative, Peter packs decades of brilliant insight into every news item.  Join the thousands of fans who have benefited from Peter’s commitment to getting the real story out every week.

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No Alien Invasion And No Rate Hike – Ep. 197

September 21st, 2016|0 Comments

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 the same
True to form, the Federal Reserve did pretty much exactly what I thought they were going to do and not raise interest rates
Now I thought they might have tried to lower expectations for the probability in the markets of a December rate hike
Even though they didn’t say that, that was the effect of their announcement
If you look at the dot plots, for example, the FOMC members were looking for rates to be lower for longer
Surely, […]

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