Mar 11, 2015

Yellen Is Going To Have To Come Out

Janet Yellen has let the market assume that they are about to raise interest rates. She has not done anything to distract them. She is going to have to come out and actually tell people, "The economy is weak, we are not going to raise rates."

Maybe she is going to have to waive the white flag and surrender if she wants to stop the carnage in the markets.

Peter Schiff is an American businessman, investment broker and financial commentator. Schiff is the CEO and chief global strategist of Euro Pacific Capital Inc.

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