We had widespread selling in the markets today; it was real carnage across the board Everything went down except the U.S. dollar The Dow Jones
The carnage in global stock and bond markets continues; it really got started last night in Japan The JGB (Japanese Government Bonds) dropped for the
Yesterday we got the government’s first estimate of Q2 GDP Of course all of the pundits were looking for a big rebound from the
Mario Draghi of the ECB sent shockwaves through the foreign exchange and currency markets today He didn’t deliver the stimulus traders expected The big question
China’s devaluation of the Yuan is a huge story that will ultimately reverberate through the currency worlds – most heavily in the U.S. The media
This morning we got the first look at Q2 GDP Q1 had been reported most recently at -.2 Everybody was looking for an upward revision
Dow under pressure on the back of EU talks with Greece There is a lot of room for the market to decline pending the Fed’s
Peter Schiff is an economist, financial broker/dealer, author, frequent guest on national news, and host of the Peter Schiff Show Podcast.