Why The Fed Does Not Want To Raise Rates

As long as the Federal Reserve is willing to bluff, as long as the Fed is able to pretend that they can raise interest rates, then everybody can pretend that what the Fed did work. But the minute they raise interest rates and prove that the economy cannot withstand higher rates then they expose everything and that is why they do not want to do it.

Tickers: SPDR Dow Jones Industrial Average ETF (DIA), iShares Russell 2000 Index ETF (IWM), 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.

The Federal Reserve Will Have To Do QE4 Regardless

The Federal Reserve will have to do QE4 regardless. Even if they get interest rates to 0.50% and then the next recession starts. There is not a lot of ammunition. Normally when there is a recession the Fed is at 5.00%, they have a long way to reduce interest rates. Going from 5.00% to zero is a much bigger Keynesian stimulus than going from 0.50% to zero.

I think if they raise interest rates and then they have to go to zero they will look like fools.

Tickers: Select Sector Financial Select Sector SPDR ETF (XLF), SPDR S&P 500 Index ETF (SPY), Nasdaq 100 Index ETF (QQQ), 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.

The Bursting Of The Auto Bubble: Ford (F), General Motors (GM), Tesla (TSLA)

With the inventory to sales ratio at recession levels in the auto industry we may be just witnessing the bursting of another bubble, the automobile bubble.

Stocks: Ford (F), General Motors (GM), Tesla (TSLA)

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