If They Wind Down QE, Markets Will Head Lower

"If the Fed actually did what it's threatening to do - which is to completely remove all the monetary props beneath the market, to wind down QE to zero and the eventually begin to increase increase interest rates, then I think the market will head substantially lower." - 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.