Powell Admits Fed Has No Plan For Stagflation - Ep 990

Markets soar on Trump's return, skepticism persists. Budget deficits, trade issues, and economic challenges under scrutiny.

For 20% off your Momentous order, head to https://livemomentous.com and use code GOLD.

Peter Schiff dissects the economic landscape post Donald Trump's re-election, contrasting the current market euphoria with his skepticism. He discusses the stock market's all-time highs, driven by nominal gains, and expresses doubt about a sustainable 'Trump Boom' given historical failures to address trade and budget deficits. Schiff emphasizes the worsening economic conditions since 2016, highlighting higher interest rates, increased national debt, and a fragile economy. He questions Trump's proposed tax cuts and deregulation policies, arguing they are not a panacea and may exacerbate economic problems. With no clear plan from the Federal Reserve to tackle stagflation, Schiff advises listeners to be wary of the current market optimism and consider investing in foreign stocks and gold.

🟨 Sign up for Peter's most valuable insights at https://schiffsovereign.com

🔔 Free Reports & Market Updates: https://www.europac.com

🟡 Schiff Gold News: https://www.schiffgold.com/news

📘 Book Store: https://schiffradio.com/books

👉 Follow Peter Schiff on Twitter: https://twitter.com/peterschiff

👉 Follow Peter Schiff on Instagram: https://instagram.com/peterschiff

👉 Follow Peter Schiff on TikTok: https://tiktok.com/@peterschiffofficial

👉 Follow Peter Schiff on Facebook: https://facebook.com/peterschiff

Timestamps:

00:00 Trump Mania and Market Reactions

02:07 Trump's Economic Promises and Failures

03:05 Challenges Facing Trump's Second Term

04:59 Tax Cuts and Economic Realities

09:26 Global Economic Trends and Comparisons

21:48 Investment Strategies and Market Predictions

30:07 Fed Rate Cut and Economic Implications

31:34 Monetary Policy and Debt Levels

32:32 Gold Price Movements and Press Conference Insights

33:38 Inflation Shock and Central Bank Policies

37:06 Fed's Stance on Fiscal Policy and Deficits

42:00 Election Results and Economic Perception

45:21 Stagflation Concerns and Fed's Response

49:40 Investment Strategies and Market Outlook

53:46 Conclusion and Call to Action

#TrumpEconomics #MarketPredictions #InvestmentStrategy

Our Sponsors:
* Check out LegalZoom and use my code SCHIFF for a great deal: https://www.legalzoom.com


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