May 25, 2018

The Highest The Fed Gets Is About 2.50%

If you look at what the Federal Reserve is saying, they're also talking about the fact that we're a lot closer to a neutral rate of interest than they might have felt in the past and that there's really not that many rate hikes left.

I mean maybe the markets are looking for two or three interest rate hikes this year but I think what people are now starting to think is that that may be it. I mean after this year the Federal Reserve is done hiking and so maybe the highest the Federal Reserve gets is about two and a half percent and then they're done hiking.

May 22, 2018

Stock Market: Celebrating The Cease Fire In The Trade War


Peter Schiff discusses the markets on this 30 minute podcast.

May 17, 2018

Record Foreclosures In The Subprime Auto Market

I just read an article that we're now seeing the biggest foreclosures in the subprime auto market that we've ever seen, even bigger than in the 2008 financial crisis. That is one symptom of what happened during the credit bubble and now you know the heroin is starting to wear off and it exposes all of the bad loans that fueled the spending binge on automobiles.

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