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Peter Schiff is Broadcasting Live.

Posted on 8/4/24 at 8:23 pm
Posted by Curb Your TDS
Member since Aug 2024
70 posts
Posted on 8/4/24 at 8:23 pm
Peter Schiff just said he thinks Fed will do an Emergency Rate Cut of 1 point before the market opens to avoid an all out Global Crash.

His guest said he thinks that Fed will have an Emergency Press Conference in the morning and announce a 2 point rate cut and say that they are going to throw everything they have (qe) at the Market to keep it from crashing.

So the question is will that make the market do a 180 and scream higher, or panic ?

Going to be a wild day.
This post was edited on 8/4/24 at 8:28 pm
Posted by UltimaParadox
North Carolina
Member since Nov 2008
47374 posts
Posted on 8/4/24 at 8:24 pm to
quote:

thinks Fed will do an Emergency Rate Cut of 1 point before the market opens to avoid an all out Global Crash.


Lol alright man you should try to consolidate to one thread if you have no actual news
Posted by TDTOM
Member since Jan 2021
21334 posts
Posted on 8/4/24 at 8:26 pm to
quote:

Curb Your TDS


Go away.
Posted by beaverfever
Little Rock
Member since Jan 2008
34436 posts
Posted on 8/4/24 at 8:26 pm to
Think he bought some SPY puts last week.
Posted by Curb Your TDS
Member since Aug 2024
70 posts
Posted on 8/4/24 at 8:27 pm to
quote:

Go away.


You probably downvoted my Black Monday post earlier today.
Posted by UltimaParadox
North Carolina
Member since Nov 2008
47374 posts
Posted on 8/4/24 at 8:27 pm to
Alter of that one guy that predicts a crash every week. This could be the one finally
Posted by thelawnwranglers
Member since Sep 2007
40528 posts
Posted on 8/4/24 at 8:29 pm to
Lol after just last week doing nothing


Noway
Posted by notiger1997
Metairie
Member since May 2009
60859 posts
Posted on 8/4/24 at 8:41 pm to
quote:

Go away.


Once the market stabilizes, he will go away. It's always cute when these folks show up only when something bad is happening.
Posted by DVinBR
Member since Jan 2013
14709 posts
Posted on 8/4/24 at 8:43 pm to
ah yes, the white collar doomsayer
Posted by TheWalrus
Land of the Hogs
Member since Dec 2012
44642 posts
Posted on 8/4/24 at 8:44 pm to
I think it’s that bourbon dad guy who was absolutely giddy about an impending crash
Posted by LSURussian
Member since Feb 2005
131345 posts
Posted on 8/4/24 at 8:45 pm to
quote:

Peter Schiff just said he thinks Fed will do an Emergency Rate Cut of 1 point before the market opens
And I think he’s full of shite.

quote:

His guest said he thinks that Fed will have an Emergency Press Conference in the morning and announce a 2 point rate cut
And I think his guest is full of shite.

What was your previous screen name?
Posted by SmackoverHawg
Member since Oct 2011
29070 posts
Posted on 8/4/24 at 8:57 pm to
That would destroy banks.
Posted by SloaneRanger
Upper Hurstville
Member since Jan 2014
10992 posts
Posted on 8/4/24 at 9:35 pm to
quote:

Peter Schiff just said he thinks Fed will do an Emergency Rate Cut of 1 point before the market opens to avoid an all out Global Crash.


Crazy talk.

quote:

His guest said he thinks that Fed will have an Emergency Press Conference in the morning and announce a 2 point rate cut


Crazier talk.
Posted by llfshoals
Member since Nov 2010
19301 posts
Posted on 8/4/24 at 11:08 pm to
quote:

Alter of that one guy that predicts a crash every week. This could be the one finally
Stopped clocks and all.

Might actually be right this time
Posted by Free888
Member since Oct 2019
2450 posts
Posted on 8/5/24 at 8:02 am to
The market is still higher than it was 3 months ago. People need to calm down.
Posted by Curb Your TDS
Member since Aug 2024
70 posts
Posted on 8/5/24 at 8:05 am to
quote:

The market is still higher than it was 3 months ago. People need to calm down.


Or mean that we could go a lot lower.
Posted by AllDayEveryDay
Nawf Tejas
Member since Jun 2015
8503 posts
Posted on 8/5/24 at 8:07 am to
It's Husssss, same schtick different username
Posted by SlidellCajun
Slidell la
Member since May 2019
13651 posts
Posted on 8/5/24 at 8:08 am to
If they do, it’s an admission that they screwed up by not cutting sooner
Posted by UltimaParadox
North Carolina
Member since Nov 2008
47374 posts
Posted on 8/5/24 at 8:09 am to
quote:

Fed will do an Emergency Rate Cut of 1 point before the market opens to avoid an all out Global Crash.


Once again lets all laugh at the ridiculous post here
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