Trump Backs down on Tariffs – Ep. 419

Trump Backs down on Tariffs – Ep. 419

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Interest Rates and Trade War
The two things that everybody seems to agree were weighing down the markets were the Fed's relentless drive to normalize interest rates, and figure out where "normal" was, and, of course, the trade war - the threat of additional tariffs overhanging the markets. So I think it was pretty clear to President Trump who is hanging his hat on the stock market, has decided that the stock market performance is the best barometer of his Presidency. So the fact that the stock market was falling was really a big problem for the President so he had to do what he could to try to get the stock market to go back up.
Fed Restated "Normal"
The first part of the two-pronged attack was the interest rates. Whether he was able to convince Powell to change his tune or whether Trump just got lucky and the Fed decided to backtrack, as I mentioned in my last podcast, the Fed has now said, "We are just below normal." Meaning that we only need one more rate hike before we get to normal, whereas in the past the Fed had said that normal was quite a ways away, and that the Fed would have to raise rates many, many more times in order to achieve normal. And of course, anybody who knows anything about the history of interest rates would have to agree that where we are now, at 2% is historically abnormal. It obviously could not be considered neutral based on any kind of past precedent. So the fact that the market was able to backtrack so quickly really threw a bone that the market and Donald Trump badly needed..
Trade Tensions Weighing Down the Market
But the other factor that was weighing down the market was all the trade tensions, and all the talk about the tariffs that were going to be imposed in less than a month. The first of next year we were going to get these 25% across-the-board tariffs. 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)

Any News Is Bad News for Stocks – Ep 838

Any News Is Bad News for Stocks – Ep 838

· Inflation’s day of reckoning can’t be postponed much longer. · Markets show risk of a Black Tuesday. · More Bitcoin sellers above $20k than buyers below it. · Gold bucking the downtrend in stocks. · Higher unemployment data surprises markets. · Putin understands the global inflation problem is the fault of the Fed and ECB. · Biden gives dishonest and divisive speech in Philadelphia. Get an extra 3 months. https://expressvpn.com/gold. Visit https://indeed.com/peter to start hiring now. Join my Locals community to get The Peter Schiff Show ad-free and a day early! Plus get access to special live reports and Q&As. Visit https://schiffradio.com/premium to become a member. 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 Syys 202258min

Fed Can’t Solve an Inflation Problem It Doesn’t Understand – Ep 837

Fed Can’t Solve an Inflation Problem It Doesn’t Understand – Ep 837

· Consumers have misplaced confidence. · Job hirings shrink as job openings grow. · Jeremy Siegel, Becky Quick, and Joe Biden compete for most ridiculous inflation comment. · Los Angeles liberals’ virtue signaling reaches new level of idiocy. Go to https://shopify.com/gold for a FREE fourteen-day trial and get full access to Shopify’s entire suite of features. Join my Locals community to get The Peter Schiff Show ad-free and a day early! Plus get access to special live reports and Q&As. Visit https://schiffradio.com/premium to become a member. 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

31 Elo 202242min

Powell Promises Pain, Markets Deliver – Ep 836

Powell Promises Pain, Markets Deliver – Ep 836

· Jerome Powell no longer believes the economy will have a soft landing. · Joe Biden is creating severe moral hazards with student loan forgiveness. · Most unsold new homes on the market since aftermath of financial crisis. · Service sector is at its weakest since the depths of covid lockdowns. · More consumers are relying on savings and debt. · A Black Monday is possible. · Bond market investors are clueless to the reality of inflation. Thanks Ladder. Go to https://ladderlife.com/gold today to see if you’re instantly approved. Businesses only pay for quality applications matching the sponsored job description. Visit https://indeed.com/peter to start hiring now. Join my Locals community to get The Peter Schiff Show ad-free and a day early! Plus get access to special live reports and Q&As. Visit https://schiffradio.com/premium to become a member. 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

28 Elo 20221h 3min

Markets Push Back the Powell Pivot – Ep 835

Markets Push Back the Powell Pivot – Ep 835

· 4-week winning streak for S&P comes to an end. · Investors chasing momentum. · Not-as-weak is the new strong. · Mortgage applications at their lowest since aftermath of dot com bubble. Thanks Raycon! For a limited time, go to https://buyraycon.com/gold for up to 15% off your entire Raycon order. Go to https://shopify.com/gold for a FREE fourteen-day trial and get full access to Shopify’s entire suite of features. Join my Locals community to get The Peter Schiff Show ad-free and a day early! Plus get access to special live reports and Q&As. Visit https://schiffradio.com/premium to become a member. 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

21 Elo 202257min

Government Can’t Do Anything Right – Ep 834

Government Can’t Do Anything Right – Ep 834

· NASDAQ loses steam. · Rising gold and silver propels mining stocks. · Food prices increased faster than any month since 1979. · Consumer sentiment among Democrats tumbled to a two-year low. · The Jones Act hurts everyone except the owners of certain ships. Businesses only pay for quality applications matching the sponsored job description. Visit https://indeed.com/peter to start hiring now. Cut your wireless bill to $15/month at https://mintmobile.com/gold Join my Locals community to get The Peter Schiff Show ad-free and a day early! Plus get access to special live reports and Q&As. Visit https://schiffradio.com/premium to become a member. 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

14 Elo 202252min

Biden Taunts Public With Inflation Victory Dance – Ep 833

Biden Taunts Public With Inflation Victory Dance – Ep 833

· Wall Street parties on CPI data release. · Minimum wage is bad economics. · Democrats prepare to shakedown the middle class while protecting the billionaires and millionaires. Get an extra 3 months. https://expressvpn.com/gold Join my Locals community to get The Peter Schiff Show ad-free and a day early! Plus get access to special live reports and Q&As. Visit https://schiffradio.com/premium to become a member. 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

11 Elo 202244min

The Truth Behind the Strong Job Market Hype – Ep 832

The Truth Behind the Strong Job Market Hype – Ep 832

· Jobs report evidences a weak, not strong, economy. · Putin delivered price cuts, not price hikes. · Going into debt is not a sign of prosperity. · More people jobless than ever before. · Gold market shows strength. Businesses only pay for quality applications matching the sponsored job description. Visit https://indeed.com/peter to start hiring now. Thanks Ladder. Go to https://ladderlife.com/gold today to see if you’re instantly approved. Join my Locals community to get The Peter Schiff Show ad-free and a day early! Plus get access to special live reports and Q&As. Visit https://schiffradio.com/premium to become a member. 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

7 Elo 20221h

Damn the Recession, Rate Hikes Ahead – Ep 831

Damn the Recession, Rate Hikes Ahead – Ep 831

· Treasury yields surge. · Fed forgets about inflation averaging. · Households take on all time record debt. · Nominal wages are going up, but real wages are collapsing. · China can do more damage to our economy without harming Nancy Pelosi. · Buy gold before the Chinese beat you to it. Go to https://bambee.com/gold to schedule your FREE HR audit. Join my Locals community to get The Peter Schiff Show ad-free and a day early! Plus get access to special live reports and Q&As. Visit https://schiffradio.com/premium to become a member. 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

3 Elo 202240min

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