The US Economy Gets Weaker as Inflation Gets Stronger – Ep 817

The Peter Schiff Show Podcast

Peter Schiff

Business, Politics, Business News, Investing, News

4.7 • 5.8K Ratings

🗓️ 8 June 2022

⏱️ 42 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

· Food prices headed higher.
· Energy prices headed higher.
· Chief is not an offensive word to Native Americans.
· Inflation is not the private sector’s fault

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Transcript

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0:41.7	All of the US stock market averages
0:44.1	finish broadly higher on the day.
0:46.7	Ignoring news that the US economy is getting weaker
0:50.7	as inflation gets stronger.
0:53.1	The Dow Jones was up about 8 tenths of 1%
0:56.2	at 264 points.
0:59.4	The S&P 500 a little stronger up almost a full percent.
1:04.3	0.95, not quite as much strength with the NASDAQ.
1:08.4	Only up 0.67%.
1:10.5	But the strongest index of the day was the Russell 2000,
	...

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