Steve Liesman on CNBC is now saying the Jan. rate hike is off because of the stock market sell off. Why couldn't he see this sell off coming last week? But calling off 1 rate hike wouldn't save the market. That will take QE4, which will crash the dollar instead.
— Peter Schiff (@PeterSchiff) February 5, 2018
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- @tevenski Yes, and you had just as much fun hitting a ball of light back and forth. At the time we all thought that was incredible. Just like kids use to have lots of fun staring at a radio listening to the Lone Ranger or Howdy Doody. It's just a function of what you know.
- Epistemological foundation for AE
- @KennedyFinance Just checked. Your account is up 40% since Jan. of 2016, but still down 2% since you opened it. You stated just before a big rise in the dollar, so your account initially fell by 30%. The dollar has surrendered those gains, and if I'm right its about to get killed.
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