A Wake-Up Call For The Bond Market

An increase in QE will be a wake-up call for the bond market, and if the bond market does not wake up, the currency markets will wake it up.

Related ETFs: ProShares UltraShort Lehman 20+ Year ETF (TBT), iShares Barclays 20+ Year Treasury Bond ETF (TLT)

Peter Schiff is an American businessman, investment broker and financial commentator. Schiff is the CEO and chief global strategist of Euro Pacific Capital Inc.

Economic Data: April`s ISM & The Weather Excuse

Economic news out today: ISM non manufacturing for April coming in slightly better than forecast. Of course non manufacturing unfortunately is the lion share of the U.S. economy and so April numbers a little bit higher than March, although just barely. If you are trying to argue that the economy was disaster because of the weather, you would have expected a much bigger jump in the ISM for the month of April.

Peter Schiff is an American businessman, investment broker and financial commentator. Schiff is the CEO and chief global strategist of Euro Pacific Capital Inc.

Employment Report: 1 Million Left The Labor Force in April

Let`s get beneath the surface of the unemployment rate dropping to 6.3 percent. How did that happen?

Well, almost a million people left the labor force in the month of April. A million people! It`s the biggest exodus in 1 month since they beta keeping records. Now if the economy was so good, why did so many people leave the labor force in April?

Peter Schiff is an American businessman, investment broker and financial commentator. Schiff is the CEO and chief global strategist of Euro Pacific Capital Inc.