Despite the fact that the Dow Jones Industrials closed at a record high, you have got 21 year lows in CNBC viewership. Why is that?
I have said this before, this is a stock market rally for the 1 percent!
The average american who was in the stock market during the 1990`s they are too broke to invest in the stock market now. You have some wealthy people that are involved but the vast majority of americans, they are spending their money in the supermarket, not in the stock market.
Related trading instruments: Facebook (FB), Twitter (TWTR), Netflix (NFLX), Tesla Motors (TSLA), Exxon Mobil (XOM), Bank of America (BAC), SPDR Dow Jones Industrial Average ETF (DIA)
Peter Schiff is an American businessman, investment broker and financial commentator. Schiff is the CEO and chief global strategist of Euro Pacific Capital Inc.
- ► 2016 (252)
- ► 2015 (344)
- Homebuilding Stocks In A Bear Market
- Many Homebuilders Are Making 52 Week Lows
- Investment Outlook: U.S. Economy, Real Estate & St...
- The Fed Can`t Raise Rates
- The Federal Reserve Inflated A Much Bigger Bubble
- The United States Is A Dependent Nation
- Bitcoin: The Big Breakdown In Price
- Federal Reserve: Cheerleaders Vs. Haters
- Gold: A Lot Of Support Around 1,200
- U.S. Economy: QE Creates Addiction
- Market Outlook: Gold, U.S. Dollar, Interest Rates
- Don`t Invest Based On What Yellen Says
- How Much $1 Dollar Used To Get You
- Recession Will Come Faster Than The First Interest...
- The U.S. Economy Will Sink Without QE
- Removing QE Will Pop The Asset Bubble
- Video: Yellen Will Not Raise Interest Rates
- Currencies: Markets Are Getting It Wrong
- The U.S. Dollar Rally Will Be Short Lived
- The Federal Reserve Will Soon Be Printing More Mon...
- Market Outlook: Forex Markets, Interest Rates
- Federal Reserve: A New Round of QE That Will Make ...
- Federal Reserve: What The Next Move Will Be
- Central Banks Have It All Wrong On Inflation
- Gold Market Outlook
- Foreign Stocks Will Continue To Outperform
- The U.S. Dollar Is Going Down Against The Euro
- This Is A Stock Market Rally For The 1 Percent
- U.S. Economy: The Jobs Situation Is Going To Get L...
- Employment Report: Lowest Job Creation Of The Year...
- Stock Market Outlook
- Automation Is A Positive Thing
- International Tensions May Even Be Bullish For Sto...
- Housing Market: No Real Buyers
- Stock Market: The Biggest Risk
- The Stock Market Wants Cheap Money
- Stock Market: The Excuse The Fed Needs To Postpone...
- Video: Ron Paul on The Peter Schiff Show
- ▼ September (38)