In the Industrial Production (April), this is now the fifth consecutive monthly decline in Industrial Production. This is the longest losing streak that we have had in that data point since 2009. So again, here is another time where you have to go back to the Great Recession to find economic numbers as bad as the ones we are getting right now, supposedly on the doorstep of a Federal Reserve interest rate hike.
Peter Schiff is an American businessman, investment broker and financial commentator. Schiff is the CEO and chief global strategist of Euro Pacific Capital Inc.
May 18, 2015
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2015
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May
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- Foreign Stock Markets: My Favorites
- How To Use Your Overpriced Dollars
- Investing: International Diversification
- The Economy is Slowing Down And Inflation Is Picki...
- U.S. Economy: More Bad News, Philly Fed Just Off A...
- This Is Stagflation
- Federal Reserve: Raising Interest Rates Is The Las...
- Yellen: What She Really Said About Interest Rates
- Federal Reserve: Higher Prices, Higher Minimum Wages
- Wal-Mart (WMT): A Bad Quarter And It Probably Get ...
- The U.S. Economy Is Addicted To Zero Percent Inter...
- If The Fed Raises Rates, We Will Have A Worse Fina...
- Yellen Does Not Want The Stock Market To Go Down
- Industrial Production: Worst Losing Streak Since 2009
- Is The Stock Market Embracing Bad Economic News?
- U.S. Economy: An Official Recession For The First ...
- More Economic Bad News
- Retail Sales: Another Big Economic Disappointment
- What The Federal Reserve Is Afraid Of
- The Stock Market Is Sensing That The Fed Is "On Pa...
- The Jobs Report Is Awful Beneath The Surface
- Gold: Some Overhead Resistance Above 1,200 Dollars
- Video: Why Gold Will Go Ballistic
- Stock Market: A Schizophrenic Type Market
- U.S. Economy: An Alarming Ratio
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