Recession Rears Uglier Head Than Inflation – Ep 821
The Peter Schiff Show Podcast
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The Stagflationary Decade Is Not Quite as Bad as the Dows
The s and ps run is not quite as bad as the dows, only down ten out of the last 11 weeks. That's something that the s and p hasn't done since 19 70. The reserve bank of switzerland unexpectedly raised its bench mark interest rate from negative 75 basis points to negative 25 basis points. And i think they could read the writing on the wall, and they realize that the days of negative interust rates are numbered. Ultimately, japan is going to raise rates too.
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