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Sunday Morning Coffee

Posted on June 29, 2008

Things have obviously been quite stormy in the market of late so what better time for Barron's to interview Peter Schiff. I generally agree with him directionally but do not agree at all in terms of magnitude. The US has quite a few things to overcome, clearly, but I think the consequence of that is simply below average growth. It is too soon to know whether the idea of below normal is right or if Schiff's idea is right. I say too early because decade long round trips to nowhere, which is all we have so far, is not unprecedented.Does anyone get any benefit from his continual pounding of the ...

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