Peak prosperity: China, commodities and falling earnings
Federal Reserve chair Janet Yellen faced tough questions as she testified before a House Financial Services Committee oversight hearing. Ameera David weighs in. Then, Boom Bust’s Edward Harrison sits down with Chris Martenson of Peak Prosperity to talk about China, commodities markets and corporate earnings.
After the break, Ameera takes a look at the ever-widening Volkswagen scandal that for the first time also includes cars that use gasoline instead of diesel. Afterwards, in an outtake of an interview scheduled to run tomorrow, Paul Craig Roberts foreshadows the upcoming US jobs report that some see as critical for what the Federal Reserve will do with interest rates. Then, Ameera and RT correspondent Manuel Rapalo discuss corruption scandals at the Vatican. And in The Big Deal, Ameera and Edward Harrison talk about pensions.
Take a look!
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