· Dow Jones just did something it hasn't done since the great depression. · Rates in the UK and Japan headed higher. · Weakness and volatility in crypto markets. · Government moves to ban Juul vapes. · Jerome Powell uses politics as an excuse. Free $75 credit to boost your post at https://indeed.com/peter. Plus earn up to $500 extra in sponsored job credits with Indeed’s Virtual Interviews.Terms and conditions apply. ? Join my Locals community to get The Peter Schiff Show ad-free and a day early! Plus get access to special live reports and Q&As. Visit https://peterschiff.locals.com/ to become a member. ? RATE AND REVIEW on Facebook: https://www.facebook.com/PeterSchiff/reviews/ ? Buy my newest book at http://www.tinyurl.com/RealCrash ? Follow Peter Schiff on Facebook: http://www.Facebook.com/PeterSchiff ? Follow Peter Schiff on Twitter: http://www.Twitter.com/PeterSchiff ? Follow Peter Schiff on Instagram: https://Instagram.com/PeterSchiff ... https://www.youtube.com/watch?v=yG8zeOV8xd4

Peter Schiff: "I think the market isn't reacting negatively enough to the housing data, which is only going to get worse. We're not just going to have a hard landing; we're going to have a crash landing. All the inventory that's on the market is going to continue to build and eventually prices are going to collapse under the weight of all that inventory. Then you fast forward a few months or next year, and a lot of home owners who took out adjustable rate mortgages, negative amortization mortgages, interest-only... as their rates start to re-set, and they have to struggle to make those higher to make those higher mortgage payments, they are going to have very little incentive to do so, when their house is worth a lot less than the mortgage they are trying to service." Listen Live Weekdays 10am to noon ET on http://www.SchiffRadio.com Buy my newest book at http://www.tinyurl.com/RealCrash Friend me on http://www.Facebook.com/PeterSchiff Follow me on http://www.Twitter.com/PeterSchiff ... https://www.youtube.com/watch?v=ZGebWYl3iGM