The markets are driving the wave of all the cheap money. That`s what is driving the markets.
But it is not a healthy rally because the only reason that stocks are going up is just that the value of our money is going down.
Related: Select Sector Financial Select Sector SPDR ETF (XLF), SPDR S&P 500 Index ETF (SPY), Nasdaq 100 Index ETF (QQQ),
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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- Federal Reserve: Trapping People In Money-Losing I...
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