Sep 23, 2015

Just Keeping Rates At Zero Is Not Enough To Support This Market

We are stuck at zero rates. This is a gigantic bubble and the last thing the Federal Reserve wants is to prick it. But the air is coming out all by itself, just keeping rates at zero is not enough to support this market. The market unfortunetely is going to want another dosage of Quantitative Easing and that is exactly what Janet Yellen is going to deliver to the detriment of the real 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.

Blog Archive