Peter Schiff talks about The Economists that said that there's no recession back in 2008. Peter said that it's going to be very hard for the recession deniers to put a positive spin on this economy and they're going to have to admit that we're in a recession in 2024.
Peter Schiff thinks that the Fed will change it's course in their Rate Hikes and Quantitative Easing. and it will impacts the housing market, when the higher Mortgage Rates, it means lower housing prices, but the cost of owning a home is going up because for most people, the mortgage is the most important thing, not the price.
Peter David Schiff is an American stock broker, financial commentator, and radio personality. He is CEO and chief global strategist of Euro Pacific Capital Inc., a broker-dealer based in Westport, Connecticut.
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19 сен 2024
