Stocks Soar on Trade War De-Escalation Hopes - Ep 1024

Peter Schiff critiques the April stock market rally, U.S.-China trade war optimism, misleading economic indicators, and the ethical implications of the 'Executive Branch' social club.Sponsored by Stash. Go to https://get.stash.com/gold to see how you can receive $25 towards your first stock purchase and to view important disclosures.Peter Schiff scrutinizes the apparent rebound in the stock market during April, questioning the sustainability of the rally amidst underlying economic weaknesses. Peter dives deep into the illusory optimism fueled by hopes of trade war de-escalation, explaining why he believes the recent market surge is built on unfounded optimism. He further discusses intricacies of the U.S.-China tariff battle, debunking the administration’s claims about the benefits of a strong dollar and pointing out the inconsistencies in trade policies. Additionally, Peter sheds light on the controversial implications of the Trump administration's strategies, including the ethical questions surrounding the newly established 'Executive Branch' social club. Stay tuned as Peter Schiff provides an unfiltered take on our economic reality and calls out misleading governmental narratives.🟨 Sign up for Peter's most valuable insights at https://schiffsovereign.com🔔 Free Reports & Market Updates: https://www.europac.com📘 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/peterschiffChapters:00:00 Introduction and Market Overview01:00 Stock Market Rebound Analysis02:28 Trade War and Tariff Impacts04:04 China's Tariff Reductions and U.S. Response09:25 Dollar Policy and Trade Deficits11:35 Economic Data and Market Reactions28:29 Job Market Insights and Government Reports36:30 Construction Spending and Economic Outlook36:52 Manufacturing and GDP Analysis38:11 Trump's Economic Claims and Popularity41:06 Impact of Tariffs on Prices and Economy44:22 Trade Deficit and Consumer Confidence53:55 Canadian Elections and Tariff Effects57:12 Trump's Executive Branch Club Controversy01:06:13 Podcast Conclusion and Personal Anecdotes#tariffs #Trump #GDPOur Sponsors:* Check out CigarBid and use my code GOLD for a great deal: https://cigarbid.com* Check out Vanta: https://vanta.com/SCHIFFPrivacy & Opt-Out: https://redcircle.com/privacy