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June 13, 2013

The Fed Has No Exit Strategy

"The Fed has no exit strategy. It's all fluff. There is no taper, because taper is impossible without collapsing the economy, the banks, and the U.S. government." - in CNBC Futures Now

Related stocks and ETFs: Bank Of America (BAC), Citigroup (C), Wells Fargo (WFC), JP Morgan (JPM), Financial Select Sector SPDR (XLF), SPDR Dow Jones Industrial Average ETF (DIA), SPDR SP 500 Index ETF (SPY)

Peter Schiff`s comments on the economy, stock markets, politics and gold. Schiff is the renowned writer of the bestseller Crash Proof: How to Profit from the Coming Economic Collapse.
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