Business

By Peter Schiff of EuroPacific Capital

Mission Accomplished

Submitted by David Stockman via Contra Corner blog,

The Fed pricked the financial bubblethis week  as expected. Janet Yellen’s press conference couldn’t have been more perfect for our investment thesis at my new research publication, Stockman’s Bubble Finance Trader. It confirmed that the money printers have come to a stark dead end.

Successful investors live by a golden rule: what the mainstream financial media talks about is not important. They focus on what they don't hear instead. So forget about Yellen for a second. Let go of Draghi, oil, the South African rand and Syria. That's all in the now. But investing is about the future.

Submitted by Lance Roberts via RealInvestmentAdvice.com,

Well... she did it. After eleven years of maintaining emergency rates in order to boost asset prices, valuations, speculative debt accumulation back to pre-financial crisis levels, Janet Yellen officially hiked rates this past week.

CNBC was awash with "Remain Calm" comments today as yesterday's carnage extended into today post-option-expiration misery.. "I would call this a rather stable sell-off" and stocks are "in a bit of a funk" were among them... but for those buying the well-sponsored rip post-Yellen, here's what you get: