Soaring budget & trade deficits, rising interest rates, higher inflation, a falling dollar, protectionist tariffs, looming trade war, and a slowing economy all portend lower corporate earnings and a bear market in stocks. Let's see how much longer Powell can pretend all is well.

Soaring budget & trade deficits, rising interest rates, higher inflation, a falling dollar, protectionist tariffs, looming trade war, and a slowing economy all portend lower corporate earnings and a bear market in stocks. Let's see how much longer Powell can pretend all is well.

— Peter Schiff (@PeterSchiff) March 1, 2018