May 6, 2016

Why The Federal Reserve Will Not Raise Interest Rates

The economic data is just too weak and the election too close for the Federal Reserve to actually take a chance at raising interest rates again given what a big disaster it was when it raised interest rates in December. (SPDR S&P 500 Index ETF (SPY), Nasdaq 100 Index ETF (QQQ), iShares Russell 2000 Index ETF (IWM))

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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