Trump Won. Now What? - Ep 989
Description
Trump wins 2024, repeating 2016 win. Markets react with highs, despite unchanged economy woes.
Download the CFO’s Guide to AI and Machine Learning at https://netsuite.com/gold
Peter Schiff offers an in-depth analysis of Donald Trump's historic second term win, comparing it to Grover Cleveland's non-consecutive terms. Schiff critiques Trump's economic promises, tax cuts, and deregulation efforts, arguing they complicate existing fiscal problems rather than providing solutions. He highlights the disparity between media portrayal of the economy and the public's experience, emphasizing long-term issues such as the escalating national debt and rising interest rates. Schiff also discusses market reactions, potential impacts on stocks, cryptocurrencies, and commodities like gold. He delves into media bias and corruption, his own legal battles, and concerns for future economic stability under Trump's presidency.
🟨 Sign up for Peter's most valuable insights at https://schiffsovereign.com
🔔 Free Reports & Market Updates: https://www.europac.com
🟡 Schiff Gold News: https://www.schiffgold.com/news
📘 Book Store: https://schiffradio.com/books
👉 Follow Peter Schiff on Twitter: https://twitter.com/peterschiff
👉 Follow Peter Schiff on Instagram: https://instagram.com/peterschiff
👉 Follow Peter Schiff on TikTok: https://tiktok.com/@peterschiffofficial
👉 Follow Peter Schiff on Facebook: https://facebook.com/peterschiff
00:00 Introduction and Opening Statements
01:22 Trump's Historical Win and Economic Analysis
06:38 Media Reactions and Public Sentiment
11:10 Market Reactions and Financial Implications
20:40 Comparing Economic Conditions: 2016 vs. 2024
25:47 Challenges Ahead for Trump's Second Term
32:42 Political Gridlock and Tax Cuts
33:45 Impact of Tax Cuts on Tips and Overtime
34:45 Consequences of Exempting Social Security from Taxes
36:21 Inflation and Economic Concerns
38:17 Historical Context: Liz Truss and Tax Cuts
39:59 The Bond Market's Role in Economic Stability
44:02 Trump's Economic Promises and Realities
46:04 Criticism of Trump's Policies
50:11 Personal Legal Battle and Government Corruption
01:01:41 Conclusion and Call to Action
#TrumpWin #EconomicAnalysis #GovernmentCorruption
Privacy & Opt-Out: https://redcircle.com/privacy
Analyzing bond yields, Fed policies, national debt impacts, and contrasting Bitcoin's speculative rise against gold's decline post-Trump win.
📣 Sign up for a $1/month trial period at https://shopify.com/gold
📣 ExpressVPN: Get an extra 3 months free. https://expressvpn.com/gold
In this episode,...
Published 11/16/24
Markets soar on Trump's return, skepticism persists. Budget deficits, trade issues, and economic challenges under scrutiny.
For 20% off your Momentous order, head to https://livemomentous.com and use code GOLD.
Peter Schiff dissects the economic landscape post Donald Trump's re-election,...
Published 11/08/24