We can get rallies in the stock market but they are not going to be sustainable because the Federal Reserve is going to have to join this party. The Fed will need to come to the aid of the markets with new stimulus. Just delaying the rate hike is not going to do it. They actually need to deliver more stimulus, the Federal Reserve has to be in the game, the Fed has to join the other central banks in providing fresh stimulus. They have to cut interest rates, they have to go back to Quantitative Easing (QE). And until they acknowledge that the markets are never going to be able to make much.
Peter Schiff is an American businessman, investment broker and financial commentator. Schiff is the CEO and chief global strategist of Euro Pacific Capital Inc.
- ► 2019 (70)
- ► 2018 (169)
- ► 2017 (188)
- Potential For A Big Reversal in Gold Stocks (Marke...
- Markets: The Interest Rate Cycle
- Markets: Yellen On Future Asset Purchases
- The Fed Is Not Really Considering A Rate Hike
- Markets: Gold Is Going Up, The U.S. Dollar Is Goin...
- Markets: Gold, Gold Stocks & Emerging Markets
- Markets: Get Out Of The U.S. Dollar As Quickly As ...
- The Federal Reserve Wants More Inflation
- The Federal Reserve Will Go All-In
- Traders Are No Longer Buying What The Federal Rese...
- Bitcoin Is Just Too Volatile To Be Money
- Good News Is Bad News When It Comes To The Stock M...
- The Rallies Will Not Be Sustainable
- The U.S. Economy Is Not Getting Better, It Is Gett...
- ▼ August (14)
- ► 2015 (344)
- ► 2014 (429)