Markets, Rate Hikes, and Student Loans – Ep. 60

* The NASDAQ 5,000 party ended nearly the day it began

* NASDAQ down more than 80 points

* Dow Jones down 332 points

* Outside reversal week a reliable pattern signaling a downturn

* The market believes optimistic non-farm payrolls will trigger Fed rate hike

* Dollar hitting new highs

* Janet Yellen is the victim of too much success, allowing for rate hike assumptions

* All data other than jobs numbers are weak

* If we continue along this path, we are heading toward recession

* Stock market and real estate bear markets will trigger QE4

* Stock market will drop dramatically if rate hike notion is not dispelled

* Obama Administration floating trial balloon on student loan debt discharge for bankruptcy

* This moral hazard would force education prices even higher


Our Sponsors:
* Check out Avocado Green Mattress: https://avocadogreenmattress.com
* Check out Boll & Branch: https://boilandbranch.com/SCHIFF
* Check out Fast Growing Trees and use my code GOLD for a great deal: https://www.fast-growing-trees.com


Privacy & Opt-Out: https://redcircle.com/privacy