The reality is the market is going down because it is a bear market, that is why it is going down. The market is going down because the U.S. Economy is in a recession and there is nothing the Federal Reserve can do about it unless it wants to lose its credibility or acknowledge that the economy is much weaker than they thought. (Select Sector Financial Select Sector SPDR ETF (XLF), Energy Select Sector SPDR ETF (XLE), SPDR S&P 500 Index ETF (SPY))
Peter Schiff is an American businessman, investment broker and financial commentator. Schiff is the CEO and chief global strategist of Euro Pacific Capital Inc.
- ► 2017 (167)
- Stock Market: What Will Happen Next
- Stock Market: This Is Not A Lasting Bottom
- U.S. Dollar: The Only Reason it Rose And Why Its N...
- Markets: U.S. Stocks, The Economy
- Gold Stocks Making New Highs
- Why Is Goldman Sachs Picking On Gold?
- Gold: A Bull Market Climbing A Wall Of Worry
- Markets: Stocks, Gold & Gold Stocks
- As Long As The Fed Keeps On Bluffing, The Markets ...
- Gold Stocks Still Have Upside
- Gold: Headed Higher Short Term And Long Term
- Gold: "I Am Telling People To Buy Gold To Hold"
- Markets: Sell-Off In European Banks
- Gold: Up $120/ Ounce Since The Fed Raised Interest...
- The Vast Majority Of Nasdaq Stocks Are In Bear Mar...
- Interest Rates: We Are Going Negative
- U.S. Economy: The Only Reason Jobs Are Being Creat...
- This Recession Will Be Longer & Deeper
- The Reason Why The Stock Market Is Going Down
- National Debt: There Is Going To Be A Crisis Along...
- U.S. Economy: A Cyclical Recession Is Already Unde...
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