Tuesday, March 25, 2014

The FED Not Going To Raise Rates

All this talk about how much time is it going to be between the end of QE and the first rate hike, it`s a waste of time. They are not going to end QE, they are not going to raise interest rates because it`s all based on the Fed`s rosy assessment of the U.S. Economy and they are wrong.

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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