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Peter Schiff
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April Fool's Day and all the fools are buying U.S. stocks Atlanta Fed GDP Now Estimate for Q1 GDP finally down to zero Despite the fact that the economy is worse than the 2008 crisis, Wall Street expects a Q2 boom
Indiana passed a law to prevent lawsuits targeting religious objection Pressure and feigned outrage from the left wing machine causes Governor to walk back the meaning of the law The mark of a free society is the willingness to tolerate intolerance...
If an employee sues an employer falsely, the employer has no recourse, because it could be interpreted as retaliation Ms. Pao lost not only on her discrimination claim, she also lost on claim that she was retaliated against
Pao v. Kleiner Perkins: there should be no damage even if there was discrimination The law against discrimination is unconstitutional Employees are free to discriminate - they can work for whomever they want
Near 300 point drop in the Dow NASDAQ down 118 S&P down 30 points $1.50 gain in oil and oil stocks up No significant economic news that would trigger this move Dollar was not down much lower on day The 110 level is holding back the euro
Bad economic news coming in is more a deluge than a trickle Dollar continuing to drift lower since "patience" was removed New Zealand Dollar record high against the euro and the Australian dollar New Zealand enjoys a strong currency,
The Fed removed the word "patience" from their statement while promising patience We are likely to see weaker employment numbers, further delaying talk of rate hikes Pundits who failed to foresee the 2008 crisis are now saying the "problem is solve...
The Fed released long-awaited FOMC official statement Indicating they will be more patient without the word "patient" than when they were officially patient Why take the word away in the first place? The Fed wants to appear to be moving closer to...
The Foreign exchange markets continue to ignore the darkening U.S. economic picture Dollar had best two-week gain since the financial crisis of 2008 Market exuberance based solely on the jobs report which is an outlier among all other negative news...
