The only reason that the U.S. Dollar has risen these past few years, although it is now falling so far in 2016, but the reason it rose was because everybody was convinced that what the Federal Reserve did actually worked, that we had a real recovery, that the Federal Reserve was going to be able to raise interest rates. I knew all along that it was not true!
Peter Schiff is an American businessman, investment broker and financial commentator. Schiff is the CEO and chief global strategist of Euro Pacific Capital Inc.
Feb 22, 2016
Markets: U.S. Stocks, The Economy
What really should get people nervous about the economy is the economy! The economy is really sea, it is one of the reasons the stock market is going down, the other one is of course that the Federal Reserve pricked the bubble and the air is coming out. (Select Sector Financial Select Sector SPDR ETF (XLF), SPDR S&P 500 Index ETF (SPY), SPDR Dow Jones Industrial Average ETF (DIA), 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.
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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