Another day, another couple trillion dollars in QE. Fed doing everything they can to prevent market forces from raising interest rates to a market clearing
Fed finally did what I’ve been saying they would for years: cut rates to zero with the biggest point cut in history. Powell afraid to
Dow up almost 2,000 points today; a record point gain, 10th biggest percentage gain, with most larger gains occurring during the bear market of the
Market reacted poorly to Trump’s Wednesday night coronavirus address. Today’s historic drop was the biggest since the 1987 crash. Fed’s cure will be worse than
Longest bull market in US history is officially over and it’s the fastest we’ve ever gone from record highs to a bear market. The same
Markets, bitcoin, and the dollar had a Reversal Tuesday fueled by Trump’s promise of massive artificial fiscal stimulus. Trump trying to buy a second term,
Oil war that began today will bankrupt many US companies. 60% of stocks in Russell 2000 are lower now than when Donald “the stock market
Don’t miss my upcoming appearances: The Dallas Money Show October 13-14 and the New Orleans Investment Conference, Nov. 1-4 Another Weak Day in the Equity Market
The commentary below is from Peter Schiff, Chief Economist and Global Strategist of Euro Pacific Capital and author of the The Real Crash: America’s Coming Bankruptcy.
January 10, 2018 Bells are Ringing but Nobody is Listening They always say that nobody rings a bell at the top. And that saying relates
