Peter Schiff Warns of 1999-Style Crash as 86% of S&P 500 Stocks Remain in Bear Market

Peter Schiff has issued a warning regarding the U.S. stock market, noting that while the S&P 500 is near its all-time high, 86% of its constituent stocks are currently in a bear market. He cautioned that this divergence could mirror the conditions seen in 1999.