Market volatility is again the big story. Yesterday the markets were hammered again. Remember that we opened higher, sold off and closed near the lows. Dow went down around 160, Nasdaq down 50. So, another drubbing for the high P/E stocks.
The market did open higher again this morning which I think its a negative sign. I think we will sell off again.
Peter Schiff is an American businessman, investment broker and financial commentator. Schiff is the CEO and chief global strategist of Euro Pacific Capital Inc.
Apr 8, 2014
U.S. Economy: The Weather Excuse
Peter Schiff is an American businessman, investment broker and financial commentator. Schiff is the CEO and chief global strategist of Euro Pacific Capital Inc.
Apr 7, 2014
Hedge Funds: They Are Like Ultra-Long Risk Funds
Over the last few years the interesting thing about hedge funds is that none of them are hedging. They are like ultra-long risk funds. Some of these funds were long/short, now they are long and longer. That is the attitude that the Federal Reserve has created.
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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