
Peter Schiff - renowned economist and the contrarian investor at the helm of Euro Pacific Capital - predicts Christmas 2015 will be far from merry and bright.
And the U.S. Federal Reserve's policies are to blame.
By Tara Clarke, Associate Editor, Money Morning • @TaraKateClarke -
Peter Schiff - renowned economist and the contrarian investor at the helm of Euro Pacific Capital - predicts Christmas 2015 will be far from merry and bright.
And the U.S. Federal Reserve's policies are to blame.
Here's what Schiff had to say Schiff said in an appearance on CNBC's "Futures Now" on Nov. 5...
By Tara Clarke, Associate Editor, Money Morning • @TaraKateClarke -
Peter Schiff - renowned economist and the contrarian investor at the helm of Euro Pacific Capital - predicts Christmas 2015 will be far from merry and bright.
And the U.S. Federal Reserve's policies are to blame.
Here's what Schiff had to say Schiff said in an appearance on CNBC's "Futures Now" on Nov. 5...
By Tara Clarke, Associate Editor, Money Morning • @TaraKateClarke -
An all-important U.S. Federal Reserve meeting on Sept. 16-17 will decide whether interest rates will be raised for the first time in nearly a decade.
But Peter Schiff, economist, best-selling author, and CEO of Euro Pacific Capital, doesn't think the Fed is actually even considering a rate hike, despite speculation.
In fact, he predicts the Fed may be forced into QE4. Here's why...
By Shah Gilani, Chief Investment Strategist, Money Morning • @ShahGilani_TW -
Be careful out there.
The stock market rally that started in March 2009... The one that's taken us out of the Great Recession and to new highs... The rally that's driving sentiment indicators of people who benefit from rising financial assets directly, peripherally, or because they hope all boats rise with the market...
The rally has never been loved.
The thing is, equity markets don't need love to go twice as high from here, or three times as high in the next 20 years. If they get what else they need, they'll keep going higher.
We could be on the verge of a generational bull market. That's if deficit-plagued, interconnected global sovereigns deleverage and, at the same time, re-capitalize middle and rising classes by making "recourse-sound" capital available and simultaneously reconstituting entirely the notion of taxation.
Too bad the likelihood of that happening is somewhere between slim and none.
That's one reason why I'm an increasingly reluctant bull.
But there's another reason too.
And it has to do with deflation...
By Diane Alter, Contributing Writer, Money Morning -
Esther George, Kansas City Fed President, is a hawk among doves. Here’s why she’s concerned about what’s ahead for the economy, thanks to QE. Read more...
By , Money Morning -
To continue reading, please click here...
By Diane Alter, Contributing Writer, Money Morning -
To continue reading, please click here...
By , Money Morning -
To continue reading, please click here...
By Diane Alter, Contributing Writer, Money Morning -
To continue reading, please click here...