Interest rates are rising on bad economic news not good. Q1 GDP growth forecasts have been dropping fast, while inflation is rising and the dollar is falling. Stock market bulls are delusional.
— Peter Schiff (@PeterSchiff) February 15, 2018
Hot And Trending...
Trending
- Is there a term for the opposite of unemployment rate?
- People who were buying stocks in 2006 had no idea of the magnitude of the financial crisis that would hit the market in 2008. http://bit.ly/2mxJskU
- India governor Y.V. Reddy says "It seems highly inappropriate to discourage gold imports, which meet women’s needs" http://bit.ly/2tX0E9h
- New Tax-Free Gold & Silver Buying Guide & $10K Reporting Myth @SchiffGold https://t.co/4zRcwito0Q
- I think people are overestimating the benefit of the economy to the tax cuts, and they’re ignoring the drag on the economy of rising interest rates. http://bit.ly/2mxJskU
- @Awyee707 They have it backwards. Growing economies increase production, which kips a lid on prices, or causes them to fall. Weak economies result in less production and higher prices.
- #Trump should stop tweeting about how high the stock market is, how great the economy is doing, & taking credit for both. It will backfire!
- Which States Rely Most on Federal Spending?
- @realDonaldTrump The stock market is a bubble, & the phony economic numbers are weaker now than under Obama. Trump… http://bit.ly/2ud3baw
- Are Austrians disproportionately successful on the stock market?