Did fiscal stimulus just prick the bond bubble? – Ep 544




The Peter Schiff Show Podcast show

Summary: Markets, bitcoin, and the dollar had a Reversal Tuesday fueled by Trump’s promise of massive artificial fiscal stimulus. Trump trying to buy a second term, but with democrats holding stimulus hostage, stimulus will come with socialist labor laws and Keynesian helicopter money. Betting markets see now see Trump as the underdog.<br> Mandated paid sick leave will hurt employees.<br> <br> Bailouts for oil, airlines, hotels, and cruise ships are just another backdoor bailout for the banks.<br> <br> While all the safe-haven assets dropped today, bitcoin’s price rose along with the other risk assets. Bitcoin now trades highly correlated with the stock market.<br> <br> Joe Biden’s gender-based VP list is sexist. Bernie Sanders says America’s tax system should be more like Sweden, then admits he knows very little about it.<br> <br>  <br> <br> RATE AND REVIEW the Peter Schiff Show Podcast on Facebook. https://www.facebook.com/PeterSchiff/reviews/<br> <br>  <br> <br> SIGN UP FOR MY FREE NEWSLETTER https://www.europac.com/<br> <br> Schiff Gold News: http://www.SchiffGold.com/news<br> <br> Buy my newest book at http://www.tinyurl.com/RealCrash<br> <br> Like and follow Peter Schiff on Facebook http://www.Facebook.com/PeterSchiff<br> <br> Follow me on Twitter: http://www.Twitter.com/PeterSchiff