Stocks: A True Bear Market

"Everything is going down and so now I think the stealth bear market that started earlier in the year is now becoming a true bear market. Of course, nobody thinks so. Everybody that I'm listening to is talking that it's just a correction in a bull market."

- Peter Schiff, Ep. 399: "Gold Breaks Out, Bitcoin Breaks Down" of the Peter Schiff Podcast

Markets: Stocks & Bonds

"If we get stocks going up then interest rates are gonna go back up which is gonna scare the market."

- Peter Schiff, Ep. 399: "Gold Breaks Out, Bitcoin Breaks Down" of the Peter Schiff Podcast

It's Not A Normal Bull Market Correction

Everybody is talking about how this is just a normal correction in a normal bull market. Well, first of all there's nothing normal about this bull market, right? This bull market is already the longest bull market ever. So based on duration it ain't normal. Also based on all the stimulus that was required to create it, all the quantitative easing, the years of 0% interest rates, there is nothing normal about this bull market. If anything it's a bubble, it's not just a bull market and of course if it's not a normal bull market then why would it have a normal correction, right?