Good Earnings Can’t Support an Over-Priced Stock Market – Ep. 348

Good Earnings Can’t Support an Over-Priced Stock Market – Ep. 348

The Correction is Over and the Bear Market is Resuming
As I have been speaking about in my last couple of podcasts, it looks like the period of relative calm in the markets is over and the next leg down has begun. So the correction is also over - not the downward move - that is not the correction - this is the bear market. The upward move was the correction. It was the first correction in this young bear market. Technically it is not a bear market yet because we're not down 20% but that is only a matter of time. So I think the correction is over and the bear market is resuming, the primary trend being down.
Dow Transports Big Losers
In fact, the U.S. stock market was down for its fifth consecutive day, although today was the biggest decline. The Dow ended down 424 points. We managed to close just above 24,000 at 24,024. But we were well below. At the lows of the day we were down about 600 points. Percentage wise we were down 1.74%. The NASDAQ, about the same, down 1.7%. At the lows it was down close to 150 points on the NASDAQ. Percentage wise, the Dow transports were the big losers, down 221 points - 2.08%.
Earnings Don't Matter
Now, one of the things that investors have been counting on to support stock prices and, in fact, drive them higher, were earnings. Everybody's been saying, "Earnings are going to be higher!" Now what have I been saying on my podcasts, over the last several months? I've been saying that it doesn't matter, because all these great earnings, if they materialize, are already baked into the cake. They are already discounted into the price of the stocks. So in other words, they don't matter. It's "buy the rumor, sell the fact".
Double Whammy of Faster Growth and Lower Taxes
If everybody knows that earnings are going to be good, well, they've priced in those expectations into the market. Why do you think the market has gone up so much since Trump was elected President? It was on the anticipation of all these earnings that were going to come from a combination of faster growth and lower taxes. In fact, the lower taxes are why we were going to get the growth, so it was going to be a double whammy. Well, all that was priced into the market.

Our Sponsors: * Check out FRE and use my code LISTEN20 for a great deal: https://frepouch.com * Check out Infinite Epigenetics: https://infiniteepigenetics.com/GOLD * Check out Justin Wine and use my code SCHIFF20 for a great deal: https://www.justinwine.com Privacy & Opt-Out: https://redcircle.com/privacy

Jaksot(1085)

Fed’s Credibility Is Transitory, Not Inflation – Ep 750

Fed’s Credibility Is Transitory, Not Inflation – Ep 750

* CPI data heavily contradicts Fed’s transitory inflation narrative. * Reagan was more popular during a recession than Biden is during this “booming” economy. * The government has too much money on the line not to lie about inflation. * Media’s bias taints their inflation reporting. * Federal Reserve can print money, but they can’t print stuff. * Biden’s Build Back Better plan would have even Keynes rolling in his grave. * Biden considers releasing US strategic oil reserves to China. * Consumer sentiment plunges. * Gold price surges. * Fed won’t try to fight inflation because it will reveal their weak position. * Fed’s policy: Speak loudly when you have no stick. * Falling dollar will be the next domino to fall. * Record number of Americans tell their employer to take job and shove it. * Bitcoin whales conning institutions and bribing politicians. One-of-a-kind financing program at https://netsuite.com/gold Thanks https://avast.com! INVEST LIKE ME: https://schiffradio.com/invest RATE AND REVIEW on Facebook: https://www.facebook.com/PeterSchiff/reviews/ SIGN UP FOR MY FREE NEWSLETTER: https://www.europac.com/ Schiff Gold News: http://www.SchiffGold.com/news Buy my newest book at http://www.tinyurl.com/RealCrash Follow me on Facebook: http://www.Facebook.com/PeterSchiff Follow me on Twitter: http://www.Twitter.com/PeterSchiff Follow me on Instagram: https://Instagram.com/PeterSchiff Our Sponsors: * Check out FRE and use my code LISTEN20 for a great deal: https://frepouch.com * Check out Infinite Epigenetics: https://infiniteepigenetics.com/GOLD * Check out Justin Wine and use my code SCHIFF20 for a great deal: https://www.justinwine.com Privacy & Opt-Out: https://redcircle.com/privacy

13 Marras 20211h 15min

Consumers on the Hook for Rising Producer Prices – Ep 749

Consumers on the Hook for Rising Producer Prices – Ep 749

* Supply shortages exacerbated by consumers reading the inflation writing on the wall. * Gas prices at the pump close to all time record highs in most of the country. * Dollar is being propped up by taper. * The crypto market has flipped the gold market. * Joe Biden looks to replace Jerome Powell with Lael Brainard. * Is Elon Musk sending a message to the government, or is he trying to sneak out of his overpriced Tesla stock? * Government should be financed through consumption, not income. Thanks Raycon!. For a limited time, go to https://buyraycon.com/gold for up to 20% off your entire Raycon order. Free $75 credit to upgrade your post at https://indeed.com/peter. Terms and conditions apply. Offer valid through December 31, 2021. INVEST LIKE ME: https://schiffradio.com/invest RATE AND REVIEW on Facebook: https://www.facebook.com/PeterSchiff/reviews/ SIGN UP FOR MY FREE NEWSLETTER: https://www.europac.com/ Schiff Gold News: http://www.SchiffGold.com/news Buy my newest book at http://www.tinyurl.com/RealCrash Follow me on Facebook: http://www.Facebook.com/PeterSchiff Follow me on Twitter: http://www.Twitter.com/PeterSchiff Follow me on Instagram: https://Instagram.com/PeterSchiff Our Sponsors: * Check out FRE and use my code LISTEN20 for a great deal: https://frepouch.com * Check out Infinite Epigenetics: https://infiniteepigenetics.com/GOLD * Check out Justin Wine and use my code SCHIFF20 for a great deal: https://www.justinwine.com Privacy & Opt-Out: https://redcircle.com/privacy

10 Marras 20211h 7min

Gold’s Surprise Rally Shows Sellers Are Exhausted – Ep 748

Gold’s Surprise Rally Shows Sellers Are Exhausted – Ep 748

* Press knows Biden doesn’t have the aptitude to even answer softball questions. * Record high stock market eyes blue skies ahead. * As Peloton bikes become overpriced clothes racks, Peloton stock becomes dirty laundry. * Gold may end up being the pin that pricks the Bitcoin bubble. * The IRS tricked the middle class. Get your new wireless plan for just $15 a month. https://mintmobile.com/gold Thanks Mack Weldon. For 20% off your first order, visit https://mackweldon.com/gold with promo code GOLD INVEST LIKE ME: https://schiffradio.com/invest RATE AND REVIEW on Facebook: https://www.facebook.com/PeterSchiff/reviews/ SIGN UP FOR MY FREE NEWSLETTER: https://www.europac.com/ Schiff Gold News: http://www.SchiffGold.com/news Buy my newest book at http://www.tinyurl.com/RealCrash Follow me on Facebook: http://www.Facebook.com/PeterSchiff Follow me on Twitter: http://www.Twitter.com/PeterSchiff Follow me on Instagram: https://Instagram.com/PeterSchiff Our Sponsors: * Check out FRE and use my code LISTEN20 for a great deal: https://frepouch.com * Check out Infinite Epigenetics: https://infiniteepigenetics.com/GOLD * Check out Justin Wine and use my code SCHIFF20 for a great deal: https://www.justinwine.com Privacy & Opt-Out: https://redcircle.com/privacy

6 Marras 20211h 3min

Fed Finally Launches the Taper, Now What? – Ep 747

Fed Finally Launches the Taper, Now What? – Ep 747

* Markets blessed Fed’s decision to begin tapering. * Jerome Powell says economy is healthy, but requires monetary policy of an economy in crisis. * Full employment is subjective and rarely achieved. * Powellnomics: It’s inappropriate to have interest rates above 0% in an economy that’s not at 100% employment. * Fed knows the economy is hanging by a threads, and that thread is 0% interest rates. * It doesn’t matter who the President of the United States is. What matters is who runs the Federal Reserve. * Dollar falling may be investors buying the rumor and selling the news. * No bad news in sight for gold, and no good news in sight for the dollar. * Don’t pick up pennies in front of steam rollers. * Zillow’s moronic house flipping business model caves. * Don’t confuse brains for a bull market or a bubble. * Taper is fully priced into gold and silver market. * Don’t jump onto a moving train; get on it before it leaves the station. Go to https://bambee.com/gold to schedule your FREE HR audit. Get an extra 3 months. https://expressvpn.com/gold INVEST LIKE ME: https://schiffradio.com/invest RATE AND REVIEW on Facebook: https://www.facebook.com/PeterSchiff/reviews/ SIGN UP FOR MY FREE NEWSLETTER: https://www.europac.com/ Schiff Gold News: http://www.SchiffGold.com/news Buy my newest book at http://www.tinyurl.com/RealCrash Follow me on Facebook: http://www.Facebook.com/PeterSchiff Follow me on Twitter: http://www.Twitter.com/PeterSchiff Follow me on Instagram: https://Instagram.com/PeterSchiff Our Sponsors: * Check out FRE and use my code LISTEN20 for a great deal: https://frepouch.com * Check out Infinite Epigenetics: https://infiniteepigenetics.com/GOLD * Check out Justin Wine and use my code SCHIFF20 for a great deal: https://www.justinwine.com Privacy & Opt-Out: https://redcircle.com/privacy

4 Marras 202155min

Shiba Inu Highlights Bitcoin’s Lack of Scarcity – Ep 746

Shiba Inu Highlights Bitcoin’s Lack of Scarcity – Ep 746

* Nasdaq and S&P finish the week strong. * Robinhood closes the week near its all time low. * Newmont leads gold mining stocks lower. * Gold mines don’t lose missed earnings, they postpone them. * Crypto ships will rise and sink on the same tide of fear and greed. * Inflation is driving up labor costs. * Hypocrisy is the one thing all politicians have in common. Thanks https://avast.com! Thanks https://truebill.com/gold. It could save you hundreds a year. INVEST LIKE ME: https://schiffradio.com/invest RATE AND REVIEW on Facebook: https://www.facebook.com/PeterSchiff/reviews/ SIGN UP FOR MY FREE NEWSLETTER: https://www.europac.com/ Schiff Gold News: http://www.SchiffGold.com/news Buy my newest book at http://www.tinyurl.com/RealCrash Follow me on Facebook: http://www.Facebook.com/PeterSchiff Follow me on Twitter: http://www.Twitter.com/PeterSchiff Follow me on Instagram: https://Instagram.com/PeterSchiff Our Sponsors: * Check out FRE and use my code LISTEN20 for a great deal: https://frepouch.com * Check out Infinite Epigenetics: https://infiniteepigenetics.com/GOLD * Check out Justin Wine and use my code SCHIFF20 for a great deal: https://www.justinwine.com Privacy & Opt-Out: https://redcircle.com/privacy

30 Loka 202156min

Markets Can’t Ignore Exploding Trade Deficits Forever – Ep 745

Markets Can’t Ignore Exploding Trade Deficits Forever – Ep 745

* US dollar would tank if traders understood implications of economic data. * Trade deficit continues to break records month after month. * Strong economies have trade surpluses; we have a bubble economy. * We’re only consuming and importing because we’re printing a currency the world still values. * Massive trade deficits aren’t a problem until they’re a crisis. * Government pretends rights are privileges so it can tax them. * Moral hazard and rampant fraud will ramp up childcare costs under new Biden plan. One-of-a-kind financing program at https://netsuite.com/gold INVEST LIKE ME: https://schiffradio.com/invest RATE AND REVIEW on Facebook: https://www.facebook.com/PeterSchiff/reviews/ SIGN UP FOR MY FREE NEWSLETTER: https://www.europac.com/ Schiff Gold News: http://www.SchiffGold.com/news Buy my newest book at http://www.tinyurl.com/RealCrash Follow me on Facebook: http://www.Facebook.com/PeterSchiff Follow me on Twitter: http://www.Twitter.com/PeterSchiff Follow me on Instagram: https://Instagram.com/PeterSchiff Our Sponsors: * Check out FRE and use my code LISTEN20 for a great deal: https://frepouch.com * Check out Infinite Epigenetics: https://infiniteepigenetics.com/GOLD * Check out Justin Wine and use my code SCHIFF20 for a great deal: https://www.justinwine.com Privacy & Opt-Out: https://redcircle.com/privacy

29 Loka 202144min

Irrational Exuberance on Steroids – Ep 744

Irrational Exuberance on Steroids – Ep 744

* Elon Musk needs a rocket ship to find Tesla’s PE. * Bakkt Holdings rises on crypto partnership with MasterCard. * Jack Dorsey warns of imminent hyperinflation. * Stanley Druckenmiller doesn’t realize the Fed is the problem. * When politicians aim their weapons at the billionaires, they always hit the middle class the hardest. Free $75 credit to upgrade your post at https://indeed.com/peter. Terms and conditions apply. Offer valid through December 31, 2021. Go to https://bambee.com/gold to schedule your FREE HR audit. INVEST LIKE ME: https://schiffradio.com/invest RATE AND REVIEW on Facebook: https://www.facebook.com/PeterSchiff/reviews/ SIGN UP FOR MY FREE NEWSLETTER: https://www.europac.com/ Schiff Gold News: http://www.SchiffGold.com/news Buy my newest book at http://www.tinyurl.com/RealCrash Follow me on Facebook: http://www.Facebook.com/PeterSchiff Follow me on Twitter: http://www.Twitter.com/PeterSchiff Follow me on Instagram: https://Instagram.com/PeterSchiff Our Sponsors: * Check out FRE and use my code LISTEN20 for a great deal: https://frepouch.com * Check out Infinite Epigenetics: https://infiniteepigenetics.com/GOLD * Check out Justin Wine and use my code SCHIFF20 for a great deal: https://www.justinwine.com Privacy & Opt-Out: https://redcircle.com/privacy

27 Loka 202159min

Written off for Dead, Gold Comes Back to Life – Ep 743

Written off for Dead, Gold Comes Back to Life – Ep 743

* Netflix and Tesla stocks make all time highs. * Trump SPAC makes a splash. * Investors buying WeWork SPAC are putting lipstick on a pig. * Gold price gains on inflation news, which means bigger gains may be around the corner. * Oil price increases while oil production decreases. * Inflation in 2022 will eclipse inflation in 2021. * Weak economic indicators signal the opposite of a booming economy. * Inflation is the government’s silent partner. * America’s increased spending and reduced production will be paid for with inflation. * Bitcoin ETF flops. * Logan Paul and Peter Schiff is the collab we didn’t know we needed. Go to https://shopify.com/gold for a FREE fourteen-day trial and get full access to Shopify’s entire suite of features. Thanks Tru Niagen. Save 10% on your first purchase at https://truniagen.com/peter with code PETER INVEST LIKE ME: https://schiffradio.com/invest RATE AND REVIEW on Facebook: https://www.facebook.com/PeterSchiff/reviews/ SIGN UP FOR MY FREE NEWSLETTER: https://www.europac.com/ Schiff Gold News: http://www.SchiffGold.com/news Buy my newest book at http://www.tinyurl.com/RealCrash Follow me on Facebook: http://www.Facebook.com/PeterSchiff Follow me on Twitter: http://www.Twitter.com/PeterSchiff Follow me on Instagram: https://Instagram.com/PeterSchiff Our Sponsors: * Check out FRE and use my code LISTEN20 for a great deal: https://frepouch.com * Check out Infinite Epigenetics: https://infiniteepigenetics.com/GOLD * Check out Justin Wine and use my code SCHIFF20 for a great deal: https://www.justinwine.com Privacy & Opt-Out: https://redcircle.com/privacy

23 Loka 20211h 1min

Suosittua kategoriassa Liike-elämä ja talous

sijotuskasti
psykopodiaa-podcast
mimmit-sijoittaa
rss-rahapodi
herrasmieshakkerit
rss-rahamania
ostan-asuntoja-podcast
lakicast
rss-neuvottelija-sami-miettinen
pari-sanaa-lastensuojelusta
rss-lahtijat
rss-startup-ministerio
taloudellinen-mielenrauha
oppimisen-psykologia
syo-nuku-saasta
rahapuhetta
yrittaja
hyva-paha-johtaminen
rss-myyntikoulu
rss-seuraava-potilas