May 17, 2015

Is The Stock Market Embracing Bad Economic News?

The markets continue to ignore or maybe they are embracing all the bad economic data that keeps coming out. The S&P 500 Index closed the week at a new all-time high, the Dow Jones Industrials Index just barely off a record high. While the stock market continues to rally, the dollar continues to fall.

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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