I think we are in a earnings recession in addition to the economic recession but imagine how much worse earnings would be if the Federal Reserve did not have interest rates close to zero. So all this is artificial. (SPDR S&P 500 Index ETF (SPY), iShares Russell 2000 Index ETF (IWM), Nasdaq 100 Index ETF (QQQ), Apple (AAPL), Macy's (M))
Peter Schiff is an American businessman, investment broker and financial commentator. Schiff is the CEO and chief global strategist of Euro Pacific Capital Inc.
May 16, 2016
May 13, 2016
The Stock Market Is Going Down But It Has Not Rolled Over Yet
The bad are not sinking in. The stock market has been trending down, particularly the Nasdaq but it really has not rolled over. (SPDR S&P 500 Index ETF (SPY), Nasdaq 100 Futures, Nasdaq 100 Index ETF (QQQ), Apple (AAPL))
Peter Schiff is an American businessman, investment broker and financial commentator. Schiff is the CEO and chief global strategist of Euro Pacific Capital Inc.
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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