Reality Check

After Monday’s euphoric reaction, realization started to set back in on Wednesday that a painful recession is underway. Most gains were wiped out again and the major indexes got hammered.

Below is a video clip with Peter Schiff, who was one of the few who saw the handwriting of the real estate/credit crisis on the wall, when most were still asleep at the wheel:



About Ulli Niemann

Ulli Niemann is the publisher of "The ETF Bully" and is a Registered Investment Advisor. Learn more
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