A Quote by Peter Schiff

The Philadelphia Feds manufacturers report for September revealed that despite a sharp slowdown, its prices paid index surged 257 points. — © Peter Schiff
The Philadelphia Feds manufacturers report for September revealed that despite a sharp slowdown, its prices paid index surged 257 points.
I happen to think that global slowdown, the slowdown in investment, strengthening dollar probably provide more of a headwind than we get from the decline in oil prices.
I found that options traders - the Amex was mainly an options exchange - routinely conspired to keep as wide as possible the spreads between the prices investors paid and the prices floor traders paid for the same securities.
Britain's FTSE 100 stock index has not just recovered from its post-vote low close below 6,000. It has surged to close at nearly 6,600. That's its highest closing value yet of 2016, and within reach of its all-time highs.
The Adversity Index was created by msnbc.com and Moody's Analytics to track the economic fortunes of states and metro areas. Each month, the Adversity Index uses government data on employment, industrial production, housing starts and home prices to label each area as expanding, at risk of recession, in recession or recovering.
It's not hard to see why. Although it adds to our overall understanding of Benghazi, even a cursory read reveals sloppy errors of fact and numerous internal contradictions. For instance, on one page, the report has a top intelligence officer sending an email from Benghazi on September 15, before a crucial White House meeting on the Benghazi talking points.
British business is disappointed that the MPC felt unable to act more boldly to counter the worsening economic circumstances and the sharp slowdown in the pace of economic activity,.
Despite these hurdles, manufacturers in the U.S. and their employees are doing remarkable work.
You really do have to wonder whether a few years from now we’ll look back at the first decade of the 21st century — when food prices spiked, energy prices soared, world population surged, tornados plowed through cities, floods and droughts set records, populations were displaced and governments were threatened by the confluence of it all — and ask ourselves: What were we thinking? How did we not panic when the evidence was so obvious that we’d crossed some growth/climate/natural resource/population redlines all at once?
On September 5, 1774, forty-five of the weightiest colonial men formed the First Continental Congress at Philadelphia.
I am astonished at the high prices paid for works by painters who are dead, prices none of them could expect when they were alive. It is a kind of tulip trade, in which living painters suffer but do not profit.
Sharp increases in the minimum wage rate are also inflationary. Frequently workers paid more than the minimum gauge their wages relative to it. This is especially true of those workers who are paid by the hour. An increase in the minimum therefore increases their demands for higher wages in order to maintain their place in the structure of wages. And when the increase is as sharp as it is in H.R. 7935, the result is sure to be a fresh surge of inflation.
Our standard prescription for the know-nothing investor with a long-term time horizon is a no-load index fund. I think that works better than relying on your stock broker. The people who are telling you to do something else are all being paid by commissions or fees. The result is that while index fund investing is becoming more and more popular, by and large it's not the individual investors that are doing it. It's the institutions.
The rank of a university is similar to an index number say like the NASDAQ index. I don't understand how you can take an institution like Harvard, Stanford, or Michigan, and represent it by an index number. The concept makes no sense.
Education must enable young people to effect what they have recognized to be right, despite hardships, despite dangers, despite inner skepticism, despite boredom, and despite mockery from the world. . . .
I think every doctor should know the shocking state of affairs...We discovered they (the FDA) failed to effectively regulate the large manufacturers and powerful interests while recklessly persecuting the small manufacturers. ...(The FDA is) harassing (small) manufacturers and doctors...(and) betrays the public trust.
Deflation means a slowdown of income growth. Markets shrink, new capital investment and employment also taper off, so wages decline. That is what's happening as deliberate policy in Europe and the United States. Falling or stagnant prices are simply the result of having less income to spend.
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