Holiday Markets Overreact to Jobs Report – Ep. 481

Holiday Markets Overreact to Jobs Report – Ep. 481

See Peter at the Las Vegas Freedom Fest – July 17-20
https://www.freedomfest.com/
Save $50 using promo code SCHIFF
Markets Up on Low Volume
A lot of people on Wall Street probably took today off; after all yesterday was the Fourth of July, the market was closed. On Wednesday they closed the markets early in preparation for the July Fourth holiday. So when you have a Friday where the markets are open, but you have a Thursday when they're closed… most people probably left for the Hamptons on Wednesday afternoon, and so were not in their offices or down at the stock market when we released the nonfarm payroll numbers today.
ADP Disappointing Number Teed Up Low Expectations
The June number, highly anticipated, as always, especially with a rate cut on deck now by the Fed. Most of the people who were probably handicapping the jobs number thought that it would probably come out weaker than expected. After all, most of the data we've been getting has been weaker than expected. In particular, the jobs numbers, including the ADP report that came out on Wednesday, on that holiday-shortened trading session. We got a disappointing number. The consensus for private-sector employment for ADP was 140,000, and we ended up with 102,000. So we had a significant miss in the ADP numbers.
Back-to-Back Declines in Small Business Jobs
But also, look at the employment components of some of the other numbers that also came out weak on Wednesday, like the ISM non-manufacturing index. It printed 55.1 versus an estimate of 55.8. The employment component of that index was notably weak, especially for small businesses which had major reduction in jobs, no only in this month but the previous month. In fact, I read a tweet by Dave Rosenberg who pointed out that he hasn't seen back-to-back monthly declines like this since February/March of 2008. That was the year of the Financial Crisis. He basically said that small business job growth is the weakest it's been in over 9 years.
Bigger Decline in Factory Orders
Now, small business job growth, that is the heart of the job market. That's where most of the jobs are created. So, if you look at a lot of the other data that has been coming out that might reflect on employment, you might have thought that there might have been a weak number. Look at the factory orders number that also came out on Wednesday. They were looking for a drop of .5% in factory orders, and instead, the orders dropped by .7%. So a bigger decline. Our Sponsors: * 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(1081)

Thanksgiving: How Capitalism Saved America From Socialism – Ep 754

Thanksgiving: How Capitalism Saved America From Socialism – Ep 754

* 2021 marks the most expensive Thanksgiving dinner ever. * Oil companies can’t pump oil as fast as the Fed can print money. * Pilgrims set sail for Communism, but landed on Capitalism. * Desperate Americans look to crypto as a ticket to wealth. * Bitcoin is fiat and people will lose faith in it like other fiats. * Alex Mashinsky of Celsius tells desperate Americans to take out loans to buy Bitcoin. * CNBC hosts an hour-long special shilling Bitcoin. * Cathie Woods is bullish on Bitcoin, but expects deflation. * Wherever inflation starts, it always ends up at the supermarket. * Fed can’t fight inflation and bail out the housing market at the same time. * Even Fed’s preferred data shows they are miles above their inflation target. One-of-a-kind financing program at https://netsuite.com/gold Go to https://shopify.com/gold for a FREE fourteen-day trial and get full access to Shopify’s entire suite of features. 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 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

25 Marras 20211h 2min

The Devil You Know Is Still a Devil – Ep 753

The Devil You Know Is Still a Devil – Ep 753

* Biden reappoints Powel as Fed Chairman and promotes Brainard to Vice Chair. * Gold sells off and dollar rises on Fed news. * Investors worried about inflation under Powell two days ago now celebrate Powell’s reappointment. * If Biden wanted to fight inflation, he’d stop creating it. * Generation of entitled American socialists don’t think stealing is wrong. * MSNBC promotes racism. * Law abiding citizens don’t use cars or guns to kill people. * Rittenhouse trial being used to promote Communism. Thanks Raycon! For a limited time, go To https://buyraycon.com/gold for up to 20% off your entire Raycon order. 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 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

24 Marras 202158min

Rittenhouse Innocent, Government Guilty on All Accounts – Ep 752

Rittenhouse Innocent, Government Guilty on All Accounts – Ep 752

* Socialists are the only ones who believe Biden’s bill will Build Back Better. * Democrats accidentally admit that inflation is caused by expanding deficit and money printing. * The rich don’t have to cheat on their taxes like the middle class does. * Government wants to give all workers a 4 week paid vacation every year. * Government attack on civil liberties has crypto crowd concerned. * Kyle Rittenhouse innocent on all accounts. 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 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

20 Marras 20211h 1min

Government Recycles 1970s Inflation Propaganda – Ep 751

Government Recycles 1970s Inflation Propaganda – Ep 751

* Janet Yellen lies to the nation. * The Fed doesn’t want to let the peoples’ cost of living decrease. * 2% inflation isn’t a target; it’s a floor. * Retail investors move from bubble to bubble without learning any lessons. * Sell your Bitcoin before Logan Paul’s audience does. Free $75 credit to upgrade your post at https://indeed.com/peter. Terms and conditions apply. Offer valid through December 31, 2021. Thanks Ladder Life Insurance. Go to https://ladderlife.com/gold today to see if you’re instantly approved. 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 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

17 Marras 202158min

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 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 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 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 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

Suosittua kategoriassa Liike-elämä ja talous

sijotuskasti
psykopodiaa-podcast
mimmit-sijoittaa
rss-rahapodi
rss-myynti-ei-ole-kirosana
ostan-asuntoja-podcast
rss-neuvottelija-sami-miettinen
kasvun-kipuja
pomojen-suusta
lakicast
rahapuhetta
pari-sanaa-lastensuojelusta
rss-ainin-sekatoimisto
taloudellinen-mielenrauha
rss-lahtijat
rss-myyntiradio
hyva-paha-johtaminen
rss-rahamania
rss-avaimet-menestykseen
rss-kohti-unelmia