Fed Dismisses Weak Data to Posture for Another Rate Hike
SchiffReport recorded Saturday, May 6 * On Wednesday of this week, the Federal Reserve against a rate hike in May * But based on their official statement, the market assigned a much higher probab...
7 Maj 201735min
Fed Forecasts – Propaganda or Incompetence? – Ep. 246
Summary: Last quarter the Atlanta Fed's Q1 GDP forecast was 3.4% in February. The most recent number was actually .7%. After all the negative economic data that came out today suggesting that Q1 co...
2 Maj 201733min
U.S. GDP Cools As Eurozone Inflation Heats Up – Ep. 245:
Summary: The Europeans released their inflation numbers today. Year over year, inflation in the Eurozone are increasing at an average of 1.9%, which is Mario Draghi's objective. This is a 4-year hig...
29 Apr 201738min
Trump Tax Cuts To Starve The Beast – Ep. 244
Summary: President Trump actually delivered on his promise of the largest tax cut in American history, and he delivered it on time. Trump may have presented a plan with built-in bargaining positions,...
27 Apr 201734min
Spending, Not Taxes, Measures Government’s True Burden – Ep. 243
Summary: Government spending creates the greatest drag on the U.S. economy. Cutting taxes, even the "biggest tax cut ever" cannot stimulate the economy alone. So if you're fed up with paying taxes, ...
22 Apr 201741min
Crowd Beginning To Exit Long Dollar Trade – Ep. 242
Summary: Goldman Sachs is no longer recommending a long trade on the dollar. The dollar was previously regarded as a conviction trade, first over speculation over Fed rate hikes and then over Trump ex...
19 Apr 201732min
Is Donald Trump The Next Jimmy Carter? – Ep. 241
Summary: Donald Trump's promises on healthcare and smaller government appear to be fading behind news of increased military spending, infrastructure spending and compromises on health care and tax ref...
14 Apr 201740min
Trump Train Ready To Derail – Ep. 240
Summary: President Trump's campaign promises are falling by the wayside one by one. First the backfire on the replacement for Obamacare, and then, just as talk of tax reform heats up, the administra...
11 Apr 201731min
