Hotter Inflation Chills Stock Market- Ep 874
The Peter Schiff Show Podcast
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The Global Economy Is Running Out of Steam
Growth is clearly decelerating and I think it's got a lot more to fall in fact if you look beneath the surface what's been powering the GDP growth consumer spending that was revised sharply lower. Most people don't understand the significance of what's happening because by the time they figure it out it's going to be too late. Rising mortgage rates stronger inflation at a weaker economy are taking their toll on existing home sales which fell again in January for the 12th consecutive month down to 4 million annualized.
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