The V-Shaped Recovery Narrative Is Falling Apart
As Peter Schiff predicted, the US stock market continued to be under pressure throughout the week. Financial stocks were led lower by Goldman Sachs (GS). Companies that can’t make money need to go out of business. Betting odds overwhelmingly favor a Democratic victory in the White House and Senate.
The House of Representatives pass a bill to make Washington D.C. the 51st state. When Republicans lose the Senate in November, they may never get it back. Elizabeth Warren has inside track on Secretary of Treasury in Biden cabinet. Euro Pacific funds made up for five years of under performance in six months.
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Disclaimer: I confused D.C with Puerto Rico when I discussed the number of Representative it would have if it became a state. It would only have one Representative. It's Puerto Rico that ...
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Peter, many thanks..Well said..I will take your advise..