The Federal Reserve is basing the recovery on the wealth effect. How can the Fed acknowledge a stock market bubble if the stock market going up is a key part of the recovery?
Related: Facebook (FB), Twitter (TWTR), Netflix (NFLX), Nasdaq 100 Index, 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.
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- Yellen: Blowing Air Into Bubbles
- A Collapse is Coming.
- U.S. Growth: Drifting Lower As The Year Progresses
- Yellen Dismisses Inflation As Temporary Noise
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- Gold: I Know What The Trend Is
- U.S. Economy: Heading Into Recession
- GDP Report: Its All Downhill From Q2
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- More Disappointing Earnings: Amazon (AMZN)
- Video: 2014 FreedomFest Speech
- Painful Inflation
- Earnings Season: Stocks That Are Missing The Most
- Peter Schiff Interviews Doug Casey
- The Fed Will Ignore Inflation Because They Can`t R...
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- What Investors Have To Worry About
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- Americans Are Big Spenders Of Other`s People Money
- The Housing Market Is Quickly Unraveling
- Federal Reserve and the Stock Market Bubble
- A Big Plunge In Housing Starts
- The Federal Reserve Is Financing Speculation
- CNBC`s Liesman And Conventional Ignorance
- Gold: A Real Short Squeeze Is Coming
- A Weakening Housing Market
- Gold Outlook (2014 Half-Time Report)
- Yellen: Highly Accommodative Monetary Policy Still...
- The Losing End Of The QE Stick
- U.S. Economy: Living Beyond Its Means
- Markets: Boom or Bubble?
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- Bullish On The Euro Currency
- Gold: The Technical Picture Is Improving Rapidly
- The U.S. Dollar Will Lose Its World Dominance
- This Is Not Strong Job Growth
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- President Obama Does Not Understand Capitalism
- Video: The Fed Is Wrong, Again.
- IRS: The Double Standard
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