
Restructuring the Debt Beats Inflating It Away - Ep 898
The Peter Schiff Show Podcast
00:00
The Markets Are Moving Past This Correction
We lost 35,000 jobs in financial services. I think they'd prefer to have the better job that they lost rather than the two or three crappy jobs that they had a hobble together and try to make up for that loss. The markets don't tend to look at, you know, down deep. They just kind of look at the superficial number because that's probably what goes into the algorithms that kick off all the computer trading. And so they saw this stronger than expected number. Initially gold sold off the dollar rallied, but then the markets reversed.
Transcript
Play full episode