Biden Taunts Public With Inflation Victory Dance – Ep 833

The Peter Schiff Show Podcast

Peter Schiff

Business, Politics, Business News, Investing, News

4.7 • 5.8K Ratings

🗓️ 11 August 2022

⏱️ 45 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

· Wall Street parties on CPI data release.
· Minimum wage is bad economics.
· Democrats prepare to shakedown the middle class while protecting the billionaires and millionaires.

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Transcript

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0:00.0	Today's podcast was recorded yesterday.
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0:38.5	They had a big party today on Wall Street.
0:41.6	All the major stock market indexes had big gains.
0:45.8	The Dow Jones was up 535 points.
0:49.1	That's a gain of 1.63%.
0:52.2	But the gains were bigger in the S&P 500.
0:55.7	That index was up 2.13%.
0:59.5	Even bigger gains in the NASDAQ, up 2.7%.
1:03.8	In fact, the biggest gainer of the day was the Russell 2000.
1:08.2	That index was up just shy of 3%.
1:12.2	But of course, the more speculative end of the risk spectrum
	...

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