President Trump claims that if he had zero percent interest rates the "strong" U.S. economy would be even stronger. He should be careful what he wishes for, as the next time the Fed lowers rates to zero, the dollar will collapse, taking the bond market and the economy down with it!
Oct 30, 2018
This Bear Market Is Not Going To End Quickly
Peter Schiff on Fox Business (Oct 29, 2018)
"The Federal Reserve should raise interest rates but the markets will collapse as a result. This bear market is not going to end quickly like the one in 1987. This will be a protracted bear market like the one we had from 1966 to 1982."
Oct 29, 2018
Nasdaq: Worst Monthly Decline Since The Financial Crisis
We still have three trading days left in the month of October and the Nasdaq is on pace to its worst monthly decline since the 2008 financial crisis and yet everybody thinks there's no problem!
Subscribe to:
Posts (Atom)