Apr 11, 2016

Stock Market: The Rally is Over

I think that this rally is over. I think the market is rolling over because as I said before, just not raising interest rates is not going to cut it. What the Fed is going to have to do is to cut interest rates back to zero. (SPDR S&P 500 Index ETF (SPY), iShares Russell 2000 Index ETF (IWM), SPDR Dow Jones Industrial Average ETF (DIA), 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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