Americans hoarding trillions of dollars in cash amid pandemic & presidential election uncertainty – Morgan Stanley

New research by investment bank Morgan Stanley found that US consumers have been saving more money than ever, having stockpiled a record $12.5 trillion in savings from April through July. … Read More >Americans hoarding trillions of dollars in cash amid pandemic & presidential election uncertainty – Morgan Stanley

United States is broke & the Fed knows it, it’s just blowing more air into asset bubble – Peter Schiff

The US Federal Reserve will eventually have to let interest rates rise unless it wants the dollar to become worthless, says veteran stockbroker and CEO of Euro Pacific Capital Peter Schiff. … Read More >United States is broke & the Fed knows it, it’s just blowing more air into asset bubble – Peter Schiff