Jan 3, 2015
U.S. Economy: More Bad Data
Related topics: U.S. Economy Outlook, ISM Manufacturing Index;
Related exchange traded funds: SPDR S&P 500 Index ETF (SPY), Nasdaq 100 Index ETF (QQQ)
Peter Schiff is an American businessman, investment broker and financial commentator. Schiff is the CEO and chief global strategist of Euro Pacific Capital Inc.
Jan 2, 2015
Why The Fed Can`t Raise Interest Rates
The only way that we can avoid the inevitable is to keep creating inflation and to continue to blow air into the asset bubbles that undermine real economic growth. So, right now the Federal Reserve is unwinding QE3 and they are pretending that they are going to raise interest rates. But they actually cannot do that because of the enormity of the debt that we have. If interest rates actually went up, we would lack the ability to pay. We cannot service the debt at a normal rate of interest. The Federal Government cannot do that. And so, ultimately what is going to happen is the Fed will end up doing QE4, rather than raising interest rates, they are going to do more stimulus.
Related exchange traded funds: SPDR Dow Jones Industrial Average ETF (DIA), SPDR S&P 500 Index ETF (SPY), SPDR Gold Trust ETF (GLD)
Peter Schiff is an American businessman, investment broker and financial commentator. Schiff is the CEO and chief global strategist of Euro Pacific Capital Inc.
Related exchange traded funds: SPDR Dow Jones Industrial Average ETF (DIA), SPDR S&P 500 Index ETF (SPY), SPDR Gold Trust ETF (GLD)
Peter Schiff is an American businessman, investment broker and financial commentator. Schiff is the CEO and chief global strategist of Euro Pacific Capital Inc.
Dec 30, 2014
Oil: Where Is The Global Demand?
I think the bigger problem is, where is the global demand? I think if the demand is contracting, it is because economies are slowing down. And I think this is going to include the United States.
Related exchange traded funds: SPDR S&P 500 Index ETF (SPY), Energy Select Sector SPDR ETF (XLE), iShares MSCI Emerging Markets Index ETF (EEM)
Peter Schiff is an American businessman, investment broker and financial commentator. Schiff is the CEO and chief global strategist of Euro Pacific Capital Inc.
Related exchange traded funds: SPDR S&P 500 Index ETF (SPY), Energy Select Sector SPDR ETF (XLE), iShares MSCI Emerging Markets Index ETF (EEM)
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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