Aug 10, 2015

Is Yellen Going To Raise Rates?

If Janet Yellen is true to her words and she says she is data dependent, well based on all of the data, she is not going to raise interest rates. The only way she is going to raise rates is if she ignores the data and raises them anyway.

Trading tickers: SPDR S&P 500 Index ETF (SPY), Nasdaq 100 Index ETF (QQQ), SPDR Dow Jones Industrial Average ETF (DIA)

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

Blog Archive