Jobs Are a Lagging Indicator – Ep 816
The Peter Schiff Show Podcast
00:00
Getting Rid of the Wrong Assets During the Bubble
You don't want to own stock in companies where consumers can sily give up the product because they don't have any money left over. So our portfolios consist of goods and services that i know consumers are going to need and they're going to buy regardless of the economic environment. All the assets that people ignore during the bubble are the ones that are going to shine the brightest as that air comes out.
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