The Federal Reserve is still trying to bluff, they are trying to pretend that they remain on this course, headed for a destination that they will never reach, which is an interest rate hike. That is not what the Federal reserve is going to do next. The next thing the Federal Reserve is going to do is to launch QE4.
Peter Schiff is an American businessman, investment broker and financial commentator. Schiff is the CEO and chief global strategist of Euro Pacific Capital Inc.
Mar 30, 2015
Mar 26, 2015
U.S. Economy: The Weakest Its Been Since The 2008 Financial Crisis
We now have 5 consecutive monthly declines in Durable Goods ex-transportation. The last time that happened was during the months surrounding the 2008 financial crisis. So, yet again, we have more evidence that the U.S. Economy today is the weakest it has been since the depths of the 2008 financial crisis.
Peter Schiff is an American businessman, investment broker and financial commentator. Schiff is the CEO and chief global strategist of Euro Pacific Capital Inc.
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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