Bull and Bear Debate Peter Schiff vs Louis Navellier

By: Curtis Wayne 0 Comments   3/8/2019

Is the stock market going up or down?  That is the question of this debate.

BEAR

Peter Schiff has been talking about the bubbles in the economy for many years. 

This is a great debate to watch.  Peter’s argument that the Fed has stopped raising interest rates at 2.25% is proof that the economy cannot survive and will now have to go back to zero and start QE again when the market crashes.

The next time the market crashes, the bottom is going to fall out of the dollar and this is going to lead to a major global depression.

Peter Schiff admitted that he missed the last bull-run because he didn’t think the Fed would be able to reflate the bubble market that they did.  

But now we have a much bigger problem, with record high corporate debts and consumer debts with auto-loans, college-loans, mortgage and credit card debts.  This is not going to end well.

BULL

Louis Navellier is a large bond investor and he sees the global economy weakness as driving capital into the U.S. because the other major nations are all in or headed into recession.  There is no other place to invest money than in the U.S. 

The dollar is the best place to be.  And the earning on the stock market is very high because the number of shares is decreasing because of the record high stock buy backs last year.  This will of course slow down, but still remain high for the next few years.

Louis admits the auto-loans and college debts are going to slow things down, but we have other growing markets like oil that we now have control of the price because we are the number one producer. 

Foreign capital will continue to flow into the U.S. and that will keep interest rates low, which will allow the national debt to continue to be paid. 

U.S. has a younger and strong economy than Japan and China, therefore capital will continue to flow into the U.S. and that will keep interest rates low and allow the high debts to continue to be serviced.

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