Jun 14, 2016

European Banks: Trading Lower Than They Were At The 2009 Lows

The European banks are lower than they were at their 2009 post Lehman financial crisis low. That is a huge decline in those European banks. They got negative rates over there. This is another example of what happens when you go to bed with the devil.

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