🔴 The Great Rate Cut Rug Pull - Ep 1000

preview_player
Показать описание
Jerome Powell's rate cut, market drops, economic risks, inflation, and the future of the economy.

In this milestone 1000th episode of the Peter Schiff Show Podcast, Peter broadcasts from an unconventional setup due to technical issues, as he covers a dramatic day in the markets. Jerome Powell's Federal Reserve announces a 25 basis points interest rate cut to meet market expectations, but the stock market reacts negatively with significant losses. Peter discusses the historic losing streak in the Dow, investor optimism around speculative assets, and the financial risks posed by an expensive market amidst rising inflation and interest rates. He critiques Jerome Powell’s perception of a strong U.S. economy and labor market, highlighting negative data revisions and continuing economic vulnerabilities. Peter also addresses the implications of rising U.S. deficits, government spending, and a surging dollar on global inflation. He predicts further turbulence for the housing and financial markets, the potential for a bear market, and the likelihood of resumed Fed easing measures. Schiff concludes with insights on gold and silver investments, market disconnects, and political dynamics impacting economic policies.

00:00 Introduction and Sponsorships
01:31 Market Overview
02:35 Federal Reserve's Interest Rate Cut
03:00 Market Reactions and Historical Context
05:40 Gold and Stock Market Analysis
15:56 Commercial Break
17:23 Economic Indicators and Current Account Deficit
22:24 Global Economic Impact and Predictions
34:43 Bitcoin and Cryptocurrency Update
35:02 Bitcoin's Decline and MicroStrategy's Moves
35:47 Congress and Social Security Spending
36:32 Trump's Stance on Bitcoin
38:31 Economic Indicators and Manufacturing Data
39:28 Retail Sales and Consumer Debt
40:46 Fed's Monetary Policy and Market Reactions
43:41 Industrial Production and Economic Weakness
45:17 Fed's Press Conference and Rate Cuts
48:31 Future Economic Predictions and Market Strategies
01:00:11 Closing Remarks and Personal Updates

#FederalReserve #InterestRates #StockMarketAnalysis
Рекомендации по теме
Комментарии
Автор

Congratulations on 1000 shows Peter. Well done !

ryantourney
Автор

Here’s to another 1000 episodes. Thanks, Peter!

vernonbuford
Автор

Merry Christmas Peter! I truly enjoy being part of your audience😊

robinyplin
Автор

Congratulations Peter. Been listening since you called the ‘08 crash. Here’s to 1000 more.

brutussmithers
Автор

Congratulations on your 1, 000 episode, Peter. It feels like only yesterday I found your podcast. Here's to many more episodes, because we need your knowledge more than ever in these absurd economic times.

Lexman
Автор

Congratulations Mr. Schiff! Best podcast on the internet!

BrokenChains
Автор

Peter, I can't believe I've listened to 1, 000 shows and still want to hear more! Mazal tov on all your success!

TXLionHeart
Автор

Congratulations on a thousand episodes Peter

AGuy
Автор

Nobody had the balls to ask Powell about the 1 million non existent jobs in the BLS data 😂. He gaslit the ‘reporters’ answering the ‘why cut if things are so great?’. The guy is the wizard of the emerald city.

kraxkill
Автор

Hi Peter! Congratulations on your 1000th episode and thank you for continuing to share your perspective and keep people informed, it’s much appreciated. 🙏

justinremschneider
Автор

26:43 I noticed the questions for Powell were a little tougher today. Usually, they are softball questions. I think they won't be invited back to the spin room😂

Radio
Автор

next FOMC meeting. Schiff should try to get a press pass! 😂😂

JM-kpxv
Автор

I have been watching Peter since before 2008. I listened to every episode some of them multiple times!!!

bigpapi
Автор

Congratulations on 1000 shows Peter! And many more!

kenwing
Автор

We love you old man, keep on keepin' on, congrats on episode 1, 000!!!

ShreddedASMR
Автор

Today’s drop was just dipping the toes in the water. The real pain is still ahead.

victorfontaine
Автор

Congrats with the milestone Peter! Thanks for sharing your knowledge.

AVDS
Автор

“They removed the belt, and untucked their shirt.”
-P.Schiff

bearmarkettradeideas
Автор

Great Britain "they're pretty screwed up over there" lol. That's the politest understatement ever! Bloody love Peter

tomp
Автор

Dear Peter. Heartiest congratulations on your 1'000th Episode. Many thanks for your excellent work over all the previous years. Please keep up your great reports for the next 1'000 Episodes (at least 🤔😀). Season's greetings and best regards from the Island of Mauritius 😎

Charles-dixl