Neutral events. So, Rick Santelli asks what is going to happen when we have to unwind this massive balance sheet and his response is, it does not matter, it`s a neutral event. How can it be neutral? The Fed goes from the biggest buyer of Treasuries and mortgage backed securities to the biggest sellers. And that`s a neutral event? - from a recent exchange between Rick Santelli and recent Nobel laureate Eugene Fama
Related trading instruments: SPDR S&P 500 Index ETF (SPY), U.S. 10-Year Treasuries
Peter Schiff is an American businessman, investment broker and financial commentator. Schiff is the CEO and chief global strategist of Euro Pacific Capital Inc.
Nov 1, 2013
Video: Yellen`s Nomination
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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