The Peter Schiff Show Podcast6 Elo 2016

“Strong” Jobs Report More Politics Than Economics – Ep. 185

* What a difference a week makes, or maybe and economic report
* The two big reports that everybody seems to focus on are the GDP numbers and the jobs numbers
* It seems that the weaker the economy is, as measured by GDP, the more jobs, somehow, the economy seems to create
* We got the jobs report for July and just a week earlier we got Q2 GDP
* As I spoke about on the last podcast, that number was basically half of what Wall Street had been anticipating - less than half
* They were looking for 2.4 or 2.6 and we got 1.2
* Even worse, we went back and revised down the prior 2 quarters to below 1%
* That very weak number caused people to talk about the fact that the Fed can't raise rates, the economy is weaker than we thought, are we slipping back into recession?...
* Now fast forward a week, and we get a Non-Farm Payroll report that is higher than anticipated and now all of a sudden people are starting to talk about September rate hikes again
* Obviously, withe the stock market on Friday rising to a new record high, I doubt the equity traders actually believe that Friday's jobs report is going to produce a rate hike
* Yet it doesn't stop all the financial journalists writing about how this confirms that the recovery is on track, and the Fed can raise rates
* This jobs report doesn't confirm anything
Our Sponsors: * Check out Chilipad and use my code GOLD for $255 off! Visit https://sleep.me. * Check out Fast Growing Trees and use my code GOLD for a great deal: https://www.fast-growing-trees.com * Check out TruDiagnostic and use my code GOLD20 for a great deal: https://www.trudiagnostic.com Privacy & Opt-Out: https://redcircle.com/privacy

Tämä jakso on lisätty Podme-palveluun avoimen RSS-syötteen kautta eikä se ole Podmen omaa tuotantoa. Siksi jakso saattaa sisältää mainontaa.

Jaksot(1144)

The Fed Hiked Rates 0.25%. It Won't Stop What's Coming.

The Fed hiked a quarter point. Peter explains why it will not stop the bond market, the dollar, or what is already coming for housing.📢 Please Support Our Sponsors:- NetSuite. If your revenues are at...

17 Syys 59min

I'm Banned From Fox News for This Forecast... It Just Came True

Fox dropped Peter for saying inflation would accelerate. August CPI proved it. Now an 88% rate hike, 19-year-high yields, and $100 oil.📢 Please Support Our Sponsors:- My Patriot Supply. Check out the...

13 Syys 1h 1min

The Bond Market Is About to Break... And Stocks Go With It

Oil near $100, copper at a record, and the Fed still says 2%. Why the bond market breaks before the stock market does.📢 Please Support Our Sponsors:- Proton Pass. Go to https://proton.me/peter to get...

9 Syys 58min

Bond Yields Just Hit a 2007 High... Every Buyer Became a Seller

Peter Schiff on the fake jobs beat, Trump's trade ultimatum, yields at 2007 highs, a 162% tariff bill, and why the Fed is the last buyer.📢 Please Support Our Sponsors:- Proton Pass. Go to https://pro...

6 Syys 57min

The Bond Buybacks Just Doubled... And Now There's a Military Option

Warsh talks tough, buybacks double, a military option surfaces, gold falls $140, and boat prices collapse 50%.This episode is sponsored by Ground News. Go to http://groundnews.com/schiff to get 40% of...

29 Elo 56min

The Treasury Just Admitted It... The Bond Market Is Broken

Peter Schiff breaks down the Treasury's panic move to rescue the bond market, the $40 trillion debt milestone, and gold's $185 reversal day.This episode is sponsored by Noom. The Noom GLP-1 Program st...

20 Elo 45min

The Next Leg Down in Your Standard of Living Just Started

Peter Schiff on plunging retail sales, sticky inflation, the Fed's stealth QE, and why the world is now leaving the dollar standard.This episode is sponsored by NetSuite. For the first time ever you c...

17 Elo 51min

Last Week Was the Warning... What Comes Next Is Bigger

A record $432B July deficit, $40 trillion in debt days away, gold above $4,400... last week's fireworks were just the opening act.This episode is sponsored by Odoo. Sign up for free at https://www.odo...

13 Elo 52min