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Title: Peter Schiff: Phase One Is a Truce Not a Victory Post by: allthingsluxury on January 09, 2020, 01:47:36 PM https://i.imgur.com/Tzvf0On.png (https://schiffblog.blogspot.com/2020/01/peter-schiff-phase-one-is-truce-not.html) The U.S. stock market continues to add to its gains; the Dow Jones is up another 100 points today - a new record high: 28,235.89. We were up better than 200 points at one point in the day, but all the indexes are hitting new 52-week, or record highs. Basically, we continue to bask in the light of the U.S. China Trade Deal that on Friday, we finally got news that the rumors of a trade deal were actually true. There actually is a trade deal because the Chinese have agreed, or admitted that they, too have come to some type of understanding with the United States on a Phase 1 Deal. Click here to watch this video and to read more: https://schiffblog.blogspot.com/2020/01/peter-schiff-phase-one-is-truce-not.html Title: Re: Peter Schiff: Phase One Is a Truce Not a Victory Post by: jackg on January 09, 2020, 01:56:43 PM I think we're in good steading until interest rates start to go up again...
I think a lot of companies are holding cash and probably giving no, low or negative interest rates to others, the eurozone and Japan have negative interest rates which is causing a bit of an anomale too (if you have a good enough credit score, as a company, you can probably get free money if you're loyal enough to one bank (or own it)... Title: Re: Peter Schiff: Phase One Is a Truce Not a Victory Post by: alyssa85 on January 09, 2020, 02:20:24 PM I think we're in good steading until interest rates start to go up again... I think a lot of companies are holding cash and probably giving no, low or negative interest rates to others, the eurozone and Japan have negative interest rates which is causing a bit of an anomale too (if you have a good enough credit score, as a company, you can probably get free money if you're loyal enough to one bank (or own it)... Reported earnings have actually been disappointing. You can only have disappointing earnings for so long before your share price starts to tank. So either these companies need to get a lot more efficient and profitable, or they need to shed their debts and lower their interest payments. Or they're in trouble. |
