Page 46 - Peter Schiff News Today

More bullish than two decades . Absolutely. Because the risk that youre taking is so much less than it was any time since the financial crisis. We made our big sell call at 1999 and because we saw all sorts of additional risk whether its leverage and the types of loans the banks were making and the lack of oversight now its night and day. The degree of oversight on the banks, i mean, you know, jamie dimon cant leave the building without someone watching what he is doing. What were talking about ...

Closed relatively flat. Nikkei was down by about 0. 3 . In europe, it looks like things are modestly weaker. The dax is down by about 0. 3 . The ftse looks flat. Lets get you through some of the top stories this morning. We have citigroup expected to report at 8 00 a. M. Eastern time. Analysts looking for the bank to post earnings of 1. 03 per share on revenues of 17. 5 billion. Citi has already said Investment Banking fell during the quarter. Worth watching. The bank could give us a better snap...

Oil is on its way in about 90 minutes. As carl just said this morning we got news from alergan and pfizer walking away from a deal signed last year. One of the largest deals we receive in that center actually overall, in fact, and part of it done in part not just to try to fuel a growth but also to allow it to access cash overseas and bring it back to the u. S. And become a foreign taxpayer but on monday u. S. Issued regulations. This morning the u. S. Treasury at least was successful in doing j...

Now is probably benefitting around 1,000 a year, and some very detailed microdata that ive seen on Household Spending patterns suggests that there may be a link, as you would expect, from reduced bill reduced amounts that people pay at the pump to other spending, like eating out for restaurant meals and other things, but the aggregate data, you know, is not as strong as it and spending is not as strong as it could be given the decline. And, of course, on the other side, we are and maybe it will ...

And now, with the production schedule, ceo elon musk is responding to the naysayers and saying on the conference call, what i find ironic for the naysayers they transition from saying it is impossible to saying it is obvious. I say, wait a second is it obvious or impossible, because it cant be both. Who is right, chanos or musk, pete . Well, in the short term or the longer teerm term, it is chanos, and the reason i is a they is because they have had nothing but production issues for quite some t...

Verge of another 40 move higher. Goldman sachs says yes and well explain the math that has them so bullish. But we start off with the markets. The dow and s p with strong gains. Soaring 247 points after a rate hike is a real possibility for december. So did the fed flash the buy sign for stocks and what should you be doing with your money right now, pete, what do you say. On monday weigh talked we talked about this. I said look at the way the financials traded. They were higher in the session an...

Struggle with an work on everyday. Its not an easy thing. It sounds obvious and clear but its a tough thing to do. That is what i see that some of those traits that i read about in the book. Maybe one more question. E. Do we have a growth economy right now . Younger generation creating jobs but what about economies that are shrinking and where our paternitys art is abundant least up in this neck of the woods the Tech Industry and opportunities arent abundant for everyone. You go to races where o...

Offensive. Its troops are pushing deeper into gaza to destroy rocket launching sites and tunnels. The israeli advance follows 10 Straight Days of attacks. The markets regaining their composure, shrugging this off. The dow just about 50 points shy from wiping out yesterdays tripledigit loss. At what point does all the global turmoil derail the market . Here is peter schiff, europacific capital. We have cot martin with us, united advisors chief Market Strategist and also a fox Business News contri...

Unless it is the wall street journal, every editorial is sending that makes us pull her hair out. But letters to the editor are far more widely read than the editorials they are short, to the point. More importantly, they are written by somebody like you. That makes for a great hero. So we backed this film, which went on to be shortlisted for an Academy Award nomination in the best documentary category. A film about Property Rights and individual liberty. Do you want to see the trailer . Good an...

So you mentioned the Supreme Court case. I want to get in a minute for bend the cost curve which seems to be occurring already, but as result of obamacare, made as a result of other things. But could you give the audience here and the students a quick summary of whats at stake in the burwell case in these five words, and what you think might happen if the Supreme Court comes in and says you can have these exchange is funded the way they are funded. Thats actually for words established by the sta...