#PeterSchiff and #TuckerCarlson were right that #inflation wasn’t transitory. 💬 Join my Locals community to get The Peter Schiff Show ad-free and a day early!
· Dow on its longest losing streak in 100 years. · Snapchat implodes. · Gap and Abercrombie & Fitch investors learn a hard lesson. ·
Peter Schiff talks about the economy, consumer spending, and the new recession. Recorded on NewsNation 4/28/2022 💬 Join my Locals community to get The Peter
· Dow and S&P see biggest drop since the pandemic. · #Walmart was the jab. #Target was the knockout punch. · Swiss Franc and Japanese
Peter Schiff discusses how this #recession has already begun and it will be worse than the ones. The middle class and poor will suffer the
· Americans are spending more, but buying less. · Jeff Bezos calls out Joe Biden. · Businesses are absorbing costs, not gouging prices. · Ben
· More downside to go as investors panic buy stocks. · Robinhood will ultimately go bankrupt. · Jerome Powell gets reappointed as Fed chair. ·
· Gold and silver remain strong while gold and silver miners continue caving. · Lisa Cook was not the most qualified person for the FOMC.
· Investors resorted to indiscriminate selling amidst today’s carnage. · The Fed can’t do the impossible. · Housing foreclosures will go through the roof. ·
· Stock market gets clobbered. · Crypto market gets clobbered. · Markets still closer to the top than the bottom. · Productivity sees biggest drop