Dollar Strength Defies U.S. Economic and Stock Market Weakness – Ep. 61

* The Foreign exchange markets continue to ignore the darkening U.S. economic picture * Dollar had best two-week gain since the financial crisis of 2008 * Market exuberance based solely on the jobs report which is an outlier among all other negative news * Why aren't the jobs numbers being questioned? * We have had three consecutive months of declining retail sales * Falling prices are reflecting a lack of demand * The stock market has begun to decline, bracing for Fed rate hikes * Gold held steady against the dollar; up against other currencies * Inventory to sales ratio lowest since 2008 * This week the Atlanta Fed reduced Q1 GDP down to .6% * The second revision for Q4 could be below 2% * Poor GDP numbers already being blamed on the weather * Europe looked to US QE as a success because inflation was masked * The European market is already issuing negative bonds in anticipation of ECB purchase (QE) * The Germans are going to push back when they see inflation * At lease Europe will be able to withstand higher rates because of smaller debt and trade deficit * U.S. won't be able to tolerate the consequences of rate hikes which would ultEimately heal the economy * Therefore inevitable QE4 will be even larger than QE 1,2 & 3 combined Our Sponsors: * Check out FRE and use my code LISTEN20 for a great deal: https://frepouch.com * Check out Infinite Epigenetics: https://infiniteepigenetics.com/GOLD * Check out Justin Wine and use my code SCHIFF20 for a great deal: https://www.justinwine.com Privacy & Opt-Out: https://redcircle.com/privacy