๐บ๐ธPeter Schiff is burying the US economy!
โซA very weak jobs report for October indicates that inflation will continue to grow! More costs and lower production = Stagflation!
โซThe myth of a strong labor market is dying! But the weakness in employment will not lead to a decrease in inflation.
โซ The Fed refuses to raise rates or from QT to stimulate the economy, but instead the Fed will provoke a further increase in inflation.
โซ Treasury bonds should be sold and interest rates should rise as a result of a weak employment report.
โซ Macro data indicate that a recession is approaching, which will lead to an increase in the budget deficit and an increase in inflation, which is a negative factor for bonds.
โซ Ignorance of what inflation is and where it comes from is widespread on Wall Street and in the #Fed. This misunderstanding often leads to an incorrect valuation of assets, creating huge opportunities for profit.
โซA very weak jobs report for October indicates that inflation will continue to grow! More costs and lower production = Stagflation!
โซThe myth of a strong labor market is dying! But the weakness in employment will not lead to a decrease in inflation.
โซ The Fed refuses to raise rates or from QT to stimulate the economy, but instead the Fed will provoke a further increase in inflation.
โซ Treasury bonds should be sold and interest rates should rise as a result of a weak employment report.
โซ Macro data indicate that a recession is approaching, which will lead to an increase in the budget deficit and an increase in inflation, which is a negative factor for bonds.
โซ Ignorance of what inflation is and where it comes from is widespread on Wall Street and in the #Fed. This misunderstanding often leads to an incorrect valuation of assets, creating huge opportunities for profit.