Peter Schiff: Last News

Market experts on Twitter reacted to the "troubling" news that the inflation rate was higher than predicted Thursday.  The Department of Labor released its consumer price index (CPI) report for the month of September and at 8.2% year over year, the price increase was 0.4% higher than it was last month.The American middle class is feeling the pain caused by their reduced purchasing power.  Peter Schiff, CEO of Euro Pacific Capital Inc., contended that as bad as the CPI reports have been in recent months, it does not represent the true severity of inflation.  "Another hotter than expected #CPI surprised investors. Sept.

Piers Morgan has slammed an economist who criticised Ukrainian President Volodymyr Zelenskyy over his appearance as he addressed US Congress earlier today.Taking to Twitter, the former newspaper editor, 56, didn't hold back as he blasted Global Strategist Peter Schieff for his comments which sparked outrage on the micro-blogging platform.Earlier today the Ukrainian president appeared via videolink to address the US Congress.In his speech, Zelenskky implored the States to enforce a no-fly zone over Ukraine as well as pleading for more air-defence systems and aircrafts as Russia continues its attack on the country.However, for some viewers it wasn't the content of the leader's speech that caught their attention.Economist Peter Schiff promptly took to Twitter to remark on Zelenskyy's casual attire.He wrote in view of his 671,000 followers: "I understand times are hard, but doesn't the President of the #Ukraine own a suit?"I don't have much respect for current members of the U.S.