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SchiffGold CEO Peter Schiff Podcast 2018 Junk Bond Market Collapse Coming?

Summary:
——————————————————- This is a replay of SchiffGold’s CEO Peter Schiff podcast episode 407 aired on October 31, 2018. ——————————————————- In this episode, Peter Schiff discusses how many people think this short-term rally is the “correction” to a current bull market when in fact the longest bull market in history is coming to an end and ...

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This is a replay of SchiffGold’s CEO Peter Schiff podcast episode 407 aired on October 31, 2018.


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In this episode, Peter Schiff discusses how many people think this short-term rally is the “correction” to a current bull market when in fact the longest bull market in history is coming to an end and we’re entering a bear market. Peter also goes into depth about the junk bond market which had it’s worth month since 2008.



Peter goes into depth the Puerto Rico tax haven in 2018 that could go away for new people moving there that would only hurt the Puerto Rico economy due to politics of envy and jealousy. Basically, if the liberals there significantly raise the tax rate on the rich people that want to move there then those people simply won’t move to Puerto Rico and the economy will only suffer as a result.



And lastly, Peter talks about Trumps talk about ending anchor baby citizenship through an executive order.



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