Jul 30, 2015
The U.S. Dollar Is The Mother Of All Bubbles
Peter Schiff is currently seeing asset bubbles in stocks, bonds, real estate and in 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.
Jul 29, 2015
An Asset Bubble So Big That The Fed Cannot Raise Rates
Peter Schiff explains why the Federal Reserve is so reluctant to raise interest rates even by 0.25%.
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 28, 2015
Where Is The Economic Recovery? All Indicators Are Pointing Lower!
Peter Schiff gives his current assessment of the strength of the U.S. Economy.
Peter Schiff is an American businessman, investment broker and financial commentator. Schiff is the CEO and chief global strategist of Euro Pacific Capital Inc.
Another Indication Of Economic Weakness
Peter Schiff explains why the earnings miss at Capital One (ONE) may be indicative of a weakening U.S. Economy.
Peter Schiff is an American businessman, investment broker and financial commentator. Schiff is the CEO and chief global strategist of Euro Pacific Capital Inc.
Capital One (ONE): Signs Of A Weaker Economy?
The Dow Jones Industrials just had its worst week since January. We closed the week at 17,568, down 518 points on the week. Friday`s drop alone accounted for 163 points.
An interesting corporate earnings news item that came out on Friday was Capital One (COF). They are one of the nation`s largest issuers of credit cards. And if the U.S. Economy was really doing as well as everybody pretends it is you would expect credit cards companies to be doing well because people have jobs, the economy is growing so the users are not falling behind on their credit cards. In fact they would be using more their credit cards to buy more things because they feel better about the economy, they are willing to spend more. So everything should be going well at Capital One (COF). Instead they came out with a huge earnings miss, the shares plunged by 12 percent!
Peter Schiff is an American businessman, investment broker and financial commentator. Schiff is the CEO and chief global strategist of Euro Pacific Capital Inc.
An interesting corporate earnings news item that came out on Friday was Capital One (COF). They are one of the nation`s largest issuers of credit cards. And if the U.S. Economy was really doing as well as everybody pretends it is you would expect credit cards companies to be doing well because people have jobs, the economy is growing so the users are not falling behind on their credit cards. In fact they would be using more their credit cards to buy more things because they feel better about the economy, they are willing to spend more. So everything should be going well at Capital One (COF). Instead they came out with a huge earnings miss, the shares plunged by 12 percent!
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 24, 2015
We Have A Bubble Not A Recovery
Wall Street is assuming we are having a legitimate economic recovery. What we have is a bubble.
Trading tickers: SPDR S&P 500 Index ETF (SPY), iShares Russell 2000 Index ETF (IWM), 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.
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