Monday, June 12, 2017

US Fed may start new easing and ECB may stop easing


Even though the Fed claim to be data-dependent and they hike interest rates [in spite of weaker than anticipated data], I think the markets are starting to look beyond the hikes to the cuts. I think we're getting ready to start a new easing cycle.

And on other side of the Atlantic, the ECB is getting ready to end their easing and start hiking.

Peter Schiff is a smart investor and author of several best selling books. He correctly predicted the economic meltdown of 2008 - 2009

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