Investing: International Diversification

I think there is a whole world out there, in particular certain countries that do not have anywhere near the enormity of the problems that the United States does. In fact, if I were as convinced as everybody else that the Federal Reserve was actually going to raise rates sometime this year, I would be even more negative on the U.S. stock market than I am now.

Because I think the Federal Reserve is going to rescue the stock market with QE 4 but when do do that they sacrifice the U.S. Dollar.

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

The Economy is Slowing Down And Inflation Is Picking Up

So again, here we have horrible economic data, data so bad that we have to go all the way back to the Great Recession to find data that is comparable and inflation is getting worse. The inflation is picking up despite the fact that the economy is slowing down and somehow this is supposed to be good news? Somehow we are supposed to look at this as victory for the Federal Reserve, that we are now now moving into stagflation?

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

U.S. Economy: More Bad News, Philly Fed Just Off A 15-Month Low

We went down again to 6.70 for the Philly Fed Index, we are just off a 15-month low in that index and we have now missed expectations five out of the last 6 months that number has come in below estimates.

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