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.
- ► 2016 (252)
- Monetary Policy: It Will Backfire
- U.S. Economy: A Gigantic Bubble
- The Federal Reserve Is Bluffing
- U.S. Economy: The Weakest Its Been Since The 2008 ...
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- Forex: The U.S. Dollar Has Been Drifting Lower
- A Bullish Case For Gold
- Fed`s Rate Hike Fantasies
- Federal Reserve: Walking On A Fine Line
- The Fed Will Only Raise Rates When They Are Forced...
- Commodities: When Will They Start Surging Again
- The Federal Reserve Is Even More Dovish Now
- The U.S. Economy Is Rapidly Decelerating
- U.S. Debt: Why The Federal Reserve Needs To Keep R...
- The Forex Markets Are Ignoring The Darkening Econo...
- Dollar Bulls Are Wrong
- The Stock Market Could Drop Precipitously From Her...
- Yellen Is Going To Have To Come Out
- U.S. Stocks Are Now Down YTD
- Stock Market: Now Good News Is Not Good News
- Nasdaq: A Key Reversal
- Early Signs Of A U.S. Recession?
- The U.S. Economy Has Never Been In Worse Shape
- The U.S. Economy Is Not Taking Off, It`s About To ...
- Will The Stock Market Be Cut In Half Again?
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- Stock Market: The Whole Market Is A Gigantic Bubbl...
- Nasdaq: We Have All These Artificial Props
- Nasdaq 5,000.
- U.S. Economy: Construction Spending Plunges
- Stock Market: Investor Delusion
- Investing: Nothing Looks Attractive In The U.S.
- Very Dangerous To Be Buying U.S. Stocks
- ▼ March (33)
- ► 2014 (429)