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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Avsnitt(1096)

Hi Ho Silver, Away – Ep. 495

Hi Ho Silver, Away – Ep. 495

Recorded August 27, 2019 Real Significant Action in the Market: Gold and Silver The real significant action today was in the gold & silver market. I wanted to mention today that on Friday, the U.S . d...

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Trump Loses It on Twitter – Ep. 494

Trump Loses It on Twitter – Ep. 494

Recorded August 23, 2019 A Bad Day for Everybody Except the Democratic Candidates If you are one of the Democrats running for President, today was a pretty good day for you. But it was a bad day for j...

24 Aug 201950min

Media Flips Narrative as Recession Risk Rises – Ep. 493

Media Flips Narrative as Recession Risk Rises – Ep. 493

Recorded August 20, 2019 The Day the Yield Curve Inverted I am finally back in the United States - well, in Puerto Rico, technically is part of the United States, it's a territory - after my extended ...

21 Aug 201952min

Gold Traders Still Don’t Understand the Rally – Ep. 492

Gold Traders Still Don’t Understand the Rally – Ep. 492

Catch Peter on Simon Black's podcast, "Sovereign Man" recorded yesterday in Italy. https://www.sovereignman.com/category/podcast/ Catch Me on Sovereign Man There's been a lot of action over the last c...

14 Aug 201942min

The U.S. Economy Was Stronger Without Economic Advisors – Ep. 491

The U.S. Economy Was Stronger Without Economic Advisors – Ep. 491

Recorded August 6, 2019 Trade War: New Tariffs and Accusation of Currency Manipulation Yesterday was the worst day of the year for the Dow Jones.  At one point, we were down about 950-odd points.  I t...

6 Aug 201937min

Jobs Hype Won’t Work Much Longer – Ep. 490

Jobs Hype Won’t Work Much Longer – Ep. 490

Recorded August 2, 2019 July NonFarm Payroll Report: Great? Not so Great This morning we got the release of the July NonFarm payroll report, and the general consensus among the analysts seem to be tha...

3 Aug 201955min

Fed Trumped by Tariff Card – Ep. 489

Fed Trumped by Tariff Card – Ep. 489

Recorded August 1, 2019 Trifecta Podcasts this Week I hadn't planned on recording a podcast today; I did one yesterday and I figured I'd wait until Friday, get the … payroll numbers and finish up the ...

2 Aug 201943min

Rate Cut First Step on the Road to Zero – Ep. 488

Rate Cut First Step on the Road to Zero – Ep. 488

I Bet an Ounce of Gold that Fed would Cut Rates Today I officially won an ounce of gold! I am referencing a bet that I made back in January of this year. During a panel discussion, I said that I thoug...

1 Aug 201950min

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