* Volatile day in the markets
* Largest decline in Personal Spending since September 2009
* Wages and Salaries gain slowest in 7 months
* December ISM Manufacturing Index down to 53.5
* December Employment growth at 7-month low
* 2.6% GDP number will likely be revised downward
* U.S. Factory Orders declined 3.6% in December
* Oil prices triggering momentum against the dollar
* The FOREX markets are beginning to acknowledge U.S. economic weakness
* QE4 will accompany a budget-busting economic stimulus
* S&P was the only agency penalized by the government for rating sub-prime mortgage AAA
* S&P is actually being penalized for downgrading U.S. government debt
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Peter Schiff is an economist, financial broker/dealer, author, frequent guest on national news, and host of the Peter Schiff Show Podcast. The podcast focuses on weekly economic data analysis and unbiased coverage of financial news, both in the U.S. and global markets. As entertaining as he is informative, Peter packs decades of brilliant insight into every news item. Join the thousands of fans who have benefited from Peter's commitment to getting the real story out to the world.