Sunday, November 18, 2018

Peter Schiff: The Fed's Monetary Magic Won't Work This Time


Peter Schiff discusses the supposed 3.5% GDP numbers that will more than likely be revised. The fact that even recessions have day's when the stock market rallies. 

More about the housing market getting hit hard, but also the companies that are casualties of a soaring home buying market. Mohawk Industries is such a company as are others.

Peter will also touch on 2018 permabulls, the reverse wealth effect as well as the criticism he gets for the assumption that he's "always" bearish on the stock market which Peter denies and notes times he was actually bullish.

- Source, Peter Schiff