Episode 464: Job Headlines Still Mask the Real Story

Latest investment commentary from Peter Schiff.

Episode 464: Job Headlines Still Mask the Real Story

Is Deflation Good Or Bad?

Between 1800 and 1900 the U.S Consumer Prices Index (CPI) fell by 50 percent. So we had 100 years of "deflation." This includes the gilded age, the strongest period of economic growth in U.S. history. If falling consumer prices were good then, why does the Federal Reserve think they would be such a problem now?

Tesla (TSLA): Things Have Been Going Wrong For A Long Time

Peter Schiff was recently on RT.com discussing Tesla (TSLA) stock:

"Things have been going a lot wrong for a long time at Tesla when it comes to profitability. So, it's really not about one quarter it's about whether or not you're gonna make the leap of faith that Tesla is actually going to make a profitable company out of its business. Right now it's losing a lot of money and what has to happen to justify the current share price is that they have to make a profit but they have to do it at a large enough scale to justify this valuation and I think that's going to be a very difficult thing for Tesla."