The Peter Schiff Show Podcast
The Peter Schiff Show Podcast
Peter Schiff
Are Forex Markets Finally Acknowledging the Slowing U.S. Economy?
30 minutes Posted Feb 3, 2015 at 6:56 pm.
0:00
30:05
Download MP3
Show notes



* Volatile day in the markets
* Largest decline in Personal Spending since September 2009
* Wages and Salaries gain slowest in 7 months
* December ISM Manufacturing Index down to 53.5
* December Employment growth at 7-month low
* 2.6% GDP number will likely be revised downward
* U.S. Factory Orders declined 3.6% in December
* Oil prices triggering momentum against the dollar
* The FOREX markets are beginning to acknowledge U.S. economic weakness
* QE4 will accompany a budget-busting economic stimulus
* S&P was the only agency penalized by the government for rating sub-prime mortgage AAA
* S&P is actually being penalized for downgrading U.S. government debt



Our Sponsors:
* Check out Yahoo Finance: finance.yahoo.com


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