FLASHBACK: Peter Schiff Predicts Fed's July 31st 2019 Policy Reversal
Peter Schiff appeared on Fox business on Dec. 17th 2018, and was the first on any major financial network to accurately predict that the Fed's rate hike two days later would be the last hike of the cycle, and that their next move on rates would be a cut. At the time he made that forecast, no other guest or anchor believed he was correct. He also predicted that the rate cut would be a mistake, and the first step on the road back to zero and a return to QE.
Peter Schiff is an internationally recognized economist specializing in the foreign equity, currency and gold markets. Mr. Schiff made his name as President and Chief Global Strategist of Euro Pacific Capital. He frequently delivers lectures at major economic and investment conferences, and is quoted often in the print media, including the Wall Street Journal, New York Times, Barron's, BusinessWeek, Time and Fortune. His broadcast credits include regular guest appearances on CNBC, Fox Business, CNN, MSNBC, and Fox News Channel, as well as hosting his own weekly radio show, Wall Street Unspun. He's also the author of the bestselling books: Crash Proof 2.0
