The housing story is quickly unraveling. Remember it is one of the cornerstones of the Fed`s recovery plan, it`s all based on the wealth effect associated with housing and stocks.
Related: SPDR S&P Homebuilders (ETF) (XHB), SPDR S&P 500 Index ETF (SPY)
Peter Schiff is an American businessman, investment broker and financial commentator. Schiff is the CEO and chief global strategist of Euro Pacific Capital Inc.
Jul 19, 2014
Jul 18, 2014
Federal Reserve and the Stock Market Bubble
Related ETFs: SPDR Dow Jones Industrial Average ETF (DIA), SPDR S&P 500 Index ETF (SPY), 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.
A Big Plunge In Housing Starts
Related stocks and ETFs: The Ryland Group (RYL), Lennar Corporation (LEN), KB Home (KBH), Pulte Group (PHM), SPDR S&P Homebuilders ETF (XHB)
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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