PETER SCHIFF

PETER SCHIFF

Sunday, June 9, 2013

This Rally Has Been Based on a “Fantasy,” Says Peter Schiff

Peter Schiff : "I think Wall Street has been trying to convince itself that despite the data, the U.S. economy is actually recovering,” . “And I think over the last several weeks so many data points have come in to disappoint this fantasy of an economic recovery, that I think maybe it’s finally starting to set in.” - in Yahoo Finance

Peter Schiff is a well-known commentator appearing regularly on CNBC, TechTicker and FoxNews. He is often referred to as "Doctor Doom" because of his bearish outlook on the economy and the U.S. Dollar in particular. Peter was one of the first from within the professional investment field to call the housing market a bubble. Peter has written a book called "Crash Proof" and a follow-on called "The Little Book of Bull Moves in Bear Markets". He is the President of EuroPacific Capital, which is a brokerage specializing in finding dividend-yielding, value-based foreign stocks.

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