U.S. Economy: The Fantasy Is Going To End

The weather excuse is going to run dry soon, we are going to get into Spring, it is April and it is not going to be as cold, its not going to snow but it may rain on the Wall Street`s excuse parade., that is for sure.

Because if we continue to get weak numbers as I expect, through out the Spring, then this all fantasy is going to come to an end.

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

Markets: The Next Crisis

The crisis that is coming is going to be a dollar crisis. The dollar was down 1 percent in a thin holiday trading session immediately following the release of this very disappointing March jobs report. But the decline in the dollar is just getting started.

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: A Dismal Jobs Report

The actual number was 126,000 jobs. That is it. That is the fewest number of jobs that we have created since December of 2013. That means we did better in the Polar Vortex during January, February and March of 2014. This was worse than those numbers.

Now to add insult to injury, they went backwards and they took 67,000 jobs away for the last 2 months.

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