Monday, January 14, 2019

Peter Schiff: Markets Running out of Good News to Anticipate


U.S. stocks continue their correction by moving higher yet again today. 

Remember, when you have a bull market, the corrections are down, because you're correcting the upward trend by moving backward. In a bear market, it's the opposite. 

You correct a downward trend by retracing upwards. That's what we're doing now. I think this is the first rally in this bear market, so this rally is, in fact, a correction.

- Source, Peter Schiff