Powell Admits Soft Landing May Be Bumpy – Ep 811

The Peter Schiff Show Podcast

Peter Schiff

Business, Politics, Business News, Investing, News

4.7 • 5.8K Ratings

🗓️ 18 May 2022

⏱️ 64 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

· Americans are spending more, but buying less.
· Jeff Bezos calls out Joe Biden.
· Businesses are absorbing costs, not gouging prices.
· Ben Bernanke is right about Bitcoin.
· Brace yourself for an economic crash.

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Transcript

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0:00.0	Today's podcast was recorded yesterday.
0:02.4	If you want to listen to my podcast,
0:04.5	commercial free, the day I record them,
0:07.1	go to petershift.locals.com and sign up.
0:10.2	It only costs $5 a month.
0:12.2	The Petership Show.
0:20.8	Today's podcast is sponsored by the Jeffrey M. Verdun Law Group.
0:24.7	For more than 20 years, I've been entrusting my personal estate planning
0:28.3	and asset protection to the Jeffrey M. Verdun Law Group.
0:31.8	And you should too go to jmvlaw.com by July 15th.
0:36.1	And mention my name and you'll get 50% off your first consultation.
0:40.3	Today's podcast is also sponsored by Tommy John.
0:43.2	Tommy John Apollo underwear keeps you up to seven degrees cooler than cotton.
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0:58.4	It was a very interesting day in the financial markets today.
1:02.3	First of all, the stock markets were very strong across the board.
1:06.6	And that's in contrast to Monday's trading,
1:09.3	where you did have some strength in some of the stocks,
1:12.0	but you had weakness in the tech sector.
1:14.7	Today the tech stocks were the strongest,
	...

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