Poland became the 21st country to lower interest rates this year New record low to 1.5% Polish economy is strongest in three years Growing faster
First trading day of march – NASDAQ closed above 5000 for the first time in 15 years Each time the market goes up with crazy
Two days of bad economic news this shortened week The Fed still says the economy is recovering Recent FOMC minutes maintains pretense they can raise
Fed’s official statement released yesterday Received by the market as hawkish, Fed is still reiterates “patience” The statement noted unguarded optimism about the U.S. Economy
Schiff Radio Podcast Episode 1 Synopsis: Wall Street foolishly dismisses August’s horrible Jobs Report ECB cuts rates in misguided push for higher inflation. “Shrink-flation,” what
Peter Schiff is an economist, financial broker/dealer, author, frequent guest on national news, and host of the Peter Schiff Show Podcast.