🔴 It Was the “Strong” Economy That Was Transitory – Ep 812
· Dow and S&P see biggest drop since the pandemic. · #Walmart was the jab. #Target was the knockout punch. · Swiss Franc and Japanese #Yen show strength. Thanks to…
This recession won’t be mild!
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 most under #inflation created by…
🔴 Powell Admits Soft Landing May Be Bumpy – Ep 811
· Americans are spending more, but buying less. · Jeff Bezos calls out Joe Biden. · Businesses are absorbing costs, not gouging prices. · Ben Bernanke is right about Bitcoin.…
🔴 Consumers Worried About Inflation. Investors Worried About the Fight. – Ep 810
· More downside to go as investors panic buy stocks. · Robinhood will ultimately go bankrupt. · Jerome Powell gets reappointed as Fed chair. · Consumers are borrowing more, despite…
🔴 Bitcoin May Luna After All – Ep 809
· Gold and silver remain strong while gold and silver miners continue caving. · Lisa Cook was not the most qualified person for the FOMC. · Neel Kashkari had a…
🔴 Black Monday 2: Electric Boogaloo – Ep 808
· Investors resorted to indiscriminate selling amidst today’s carnage. · The Fed can’t do the impossible. · Housing foreclosures will go through the roof. · Covid shutdowns were just a…
🔴 The Fed Has Already Lost the Inflation Fight – Ep 807
· Stock market gets clobbered. · Crypto market gets clobbered. · Markets still closer to the top than the bottom. · Productivity sees biggest drop since 1947. · We may…
🔴 Fed Hawks Turn Chicken – Ep 806
· Fed raises benchmark interest rates higher than it has in 20 years. · Lyft stock hits 52 week low. · Jerome Powell admires Paul Volcker, but not for his…
🔴 GDP & Stocks Down + Inflation Up = Recession – Ep 805
· #NASDAQ has worst first 4 months since 1971. · S&P has worst first 4 months since 1939. · FANG #stocks enter bear market. · Prices increasing faster than wages.…
🔴 Outrageous Positive Spin on Negative GDP – Ep 804
· Mortgage are rates too high for anyone to refinance for better rates. · Markets rally on horrific economic news. · Russia ranks higher than Ukraine in economic freedom. Go…