The US stock markets closed higher today for the second consecutive day for the first time in the month of October and a lot of traders are probably happy that the month of October is over. Despite the back-to-back rally this is still the biggest decline in a month for the Nasdaq since 2008!
Oct 31, 2018
The Next Time The Fed Lowers Rates To Zero, The Dollar Will Collapse
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."
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