US economy on such massive jolt of monetary heroin there’s no dialing back the dosage – Peter Schiff

Stocks have been on a bull run ever since their big March drop at the beginning of the pandemic, so veteran stockbroker Peter Schiff asks: if Covid-19 didn’t hurt the stock market, why should a vaccine help? … Read More >US economy on such massive jolt of monetary heroin there’s no dialing back the dosage – Peter Schiff

US is BROKE – it’s a huge bubble economy completely supported by debt, says Peter Schiff

One of the doctors advising Joe Biden on the coronavirus has said the US needs to impose a complete lockdown for four to six weeks as the government can just pay everybody. Peter Schiff says such a proposal is ridiculous. … Read More >US is BROKE – it’s a huge bubble economy completely supported by debt, says Peter Schiff

Neither Trump nor Biden will wave a magic wand to fix America’s economic destruction – Peter Schiff

Stocks rallied before the election on expectations of a Joe Biden victory and Democrat control of the Congress. But the markets don’t seem to be particularly concerned about the actual economy, says economist Peter Schiff. … Read More >Neither Trump nor Biden will wave a magic wand to fix America’s economic destruction – Peter Schiff

Democratic elections sweep may be good for stock market in the short-run, but ‘the dollar is going to get KILLED’ – Peter Schiff

As markets begin to handicap the US presidential race, they seem to be viewing a Biden win as a positive for the stock market, which doesn’t really make sense, according to economist Peter Schiff. … Read More >Democratic elections sweep may be good for stock market in the short-run, but ‘the dollar is going to get KILLED’ – Peter Schiff