Bank analysts want more artificial stimulus. Retail sales surge while production crashes. PPP monkey business driving spike in business applications. Borrowing from poorer countries is
US stock market breaks a 4 day winning streak. Enormous tax hikes being proposed dwarf tax cuts. Fed creating a launch pad for gold. Amy
Dollar rallies in the face of stock market fall. Bubble stocks more bubblicious. Monetary stimulus only stimulates inflation. Daymond John wants the government to print
Everything gets slammed. Chart looking weak for the Dow and Russell, strong for silver. Bloom coming off the rose of economic recovery. Political tensions rise
Rough ride for the indexes this week. Fed commits to 0% interest rates until 2023. Neel Kashkari thinks that’s not enough. Air is coming out
Secretary of Treasury is really Secretary of Debt Fed doesn’t think Americans are in enough pain. Education and healthcare are too important for the government
Markets end week on a mixed note. Gold consolidating support above previous highs. Fed has come out of the closet. Alan Greenspan sounds more like
NASDAQ has a full blown correction. TSLA is the poster child of the stock market craziness. Slack is not an investment. Air coming out of
The biggest bubble may have popped without a pin. Charts show bad omen for the NASDAQ. The biggest bubble ever won’t die easily. Strength in
S&P has its best August since 1986. APPL and TSLA continue soaring after splits. TSLA rains on its own parade. Zoom zooms. Loot this book.
Peter Schiff is an economist, financial broker/dealer, author, frequent guest on national news, and host of the Peter Schiff Show Podcast.