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'Impending Recession Bullish for Gold': Peter Schiff Warns of Stock Crash Before Midterms and 7% Inflation in 2027

Summary by IBTimes UK
Peter Schiff warns a US stock market crash and recession could emerge before the 2026 midterms, while inflation, AI spending, and housing risks boost gold's appeal.

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Renowned economist Peter Schiff expressed concerns about the sustainability of the rise in the artificial intelligence sector and warned of a recession in the US economy. Data from forecasting markets revealed that investors see higher risks, particularly for the coming year. 🚆

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Renowned economist Peter Schiff expressed concerns about the sustainability of the rise in the artificial intelligence sector and warned of a recession in the US economy. Data from forecasting markets revealed that investors see higher risks, particularly for the coming year.

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dunya.com broke the news on Friday, October 23, 2026.
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