Despite Higher GDP, U.S. Economic Data Continues to Disappoint: Episode 26

Despite Higher GDP, U.S. Economic Data Continues to Disappoint: Episode 26

Despite Higher GDP, U.S. Economic Data Continues to Disappoint: Episode 26
Missing expectations on all economic indicators

* Chicago Fed index .14
* PMI flash services 56.3
* Dallas Fed Manufacturing 10.5
* Case Shiller Index slows down to 4.9%
* Consumer Confidence number down to 88.7M
* Oil prices continue to fall
* Big drop in Richmond Fed 75% below estimate
* Optimism fueled by debt, consumption and bubbles

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Episoder(1120)

It Looks Like a Recession Because It Is One – Ep. 132

It Looks Like a Recession Because It Is One – Ep. 132

* The bear market in global stocks continues, and I believe we're in a bear market in the U.S. * Technically the major averages are not quite down 20%, although some of the averages are * Transports...

21 Jan 201629min

Fed’s Denial Risks More Than Its Credibility Ep.131

Fed’s Denial Risks More Than Its Credibility Ep.131

*  The Dow  Jones ended another down week on a down note, dropping 390 points * The NASDAQ was down 126 points *  This is the worst January in the history of the stock market the Dow is off about 13...

16 Jan 201634min

Obama Delivers the Most Clueless SOTU Address Ever – Ep.130

Obama Delivers the Most Clueless SOTU Address Ever – Ep.130

* Last night I watched President Obama deliver the State of the Union Speech and probably the only good thing about the speech is that it was his last one * It will probably go down in history as the...

13 Jan 201629min

Deja Vu All Over Again – SchiffReport January 8, 2016

Deja Vu All Over Again – SchiffReport January 8, 2016

* Hi everybody, this is Peter Schiff and I am recording this on Friday, January 8, and Wall Street just finished the worst opening week to a new year in the history of the stock market * The Dow Jone...

9 Jan 201628min

Fallout From the Fed Not North Korea Shocked the Markets – Ep. 129

Fallout From the Fed Not North Korea Shocked the Markets – Ep. 129

* Well the Dow Jones got clobbered again today, down 252 points at the close * The NASDAQ down about 55 * The transports continue to get clobbered down another 146 points, decisively in bear market ...

7 Jan 201632min

Stocks Start Year With Biggest Drop in 84 Years – Ep. 128

Stocks Start Year With Biggest Drop in 84 Years – Ep. 128

* The U.S. stock market opened the first trading day of 2016 with a bang, but not the type of bang the bulls were hoping for * The Dow was down 276 points-it was down as much as 450 points in the las...

5 Jan 201623min

Bubbles Popping On Wall Street This New Year’s Eve  – Ep. 127

Bubbles Popping On Wall Street This New Year’s Eve – Ep. 127

* Let me begin my final podcast of 2015 by wishing all of my listeners a Happy New Year * It certainly wasn't a happy New Year's Eve Day on Wall Street * Normally the last day of the year is a posit...

31 Des 201526min

CNBC Calls Me Out on Gold – Ep. 126

CNBC Calls Me Out on Gold – Ep. 126

* Recording this podcast on Monday afternoon; the stock market closed about an hour ago, and the stock market was up over 100 points today, but the more dramatic days happened on Thrusday and Friday ...

22 Des 201528min

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