SchiffRadio Podcast Episode 2

SchiffRadio Podcast Episode 2 Synopsis

* Economic Data - More weak data
* Purchase applications index declined by 7.2% - biggest decline in 14 years
* Treasury yields slightly up for the week
* Retail sales up - Buying more or paying more?

* auto purchases with cheap money
* inflation not taken into account
* Auto loans increasingly delinquent


* Fed Policy

* I'll admit to being wrong if the Fed raises interest rates back to normal and shrinks its balance sheet back to normal, as promised, and does not produce a financial crisis.


* Interest Rates

* Negative Interest Rates in Japan and in Switzerland


* Inflation

* Paul Krugman says we should be at 4% inflation and a minimum wage of $10.10
* Commentary on Henry Blodgett's inflation comments
* Column from David K. Johnson on how corporations are getting rich by paying taxes


* Employment

* Jobless claims up, indicating a trend change


* The Economy

* Recognizing bubbles ahead of the crisis


* Europe - Poll on Scottish independence
* Social Issues:

* The NBA in the hot seat for racism
* Over-reaction to the Ray Rice story




Our Sponsors:
* Check out Chilipad and use my code GOLD for $255 off! Visit https://sleep.me.
* Check out Fast Growing Trees and use my code GOLD for a great deal: https://www.fast-growing-trees.com
* Check out TruDiagnostic and use my code GOLD20 for a great deal: https://www.trudiagnostic.com


Privacy & Opt-Out: https://redcircle.com/privacy