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SNB Takes Snap From The Fed And Markets Run With The Ball – Ep. 38

Author
Peter Schiff
Published
Fri 19 Dec 2014
Episode Link
https://schiffradio.com/snb-takes-snap-fed-markets-run-ball-ep-38/?utm_source=rss&utm_medium=rss&utm_campaign=snb-takes-snap-fed-markets-run-ball-ep-38

SNB Takes Snap From The Fed And Markets Run With The Ball



* Negative deposit rates in Switzerland send U.S. stocks up 420 points.

* Two-day Wall Street rally over 700 points on nothing but Central Bank inflation

* Swiss move triggers QE speculation and higher gold prices

* Janet Yellen merely suggested the economy is strong enough to raise rates in the future

* Meanwhile, economy is slowest since last February


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