Wall Street Unplugged - Your Best Source For Finance, Investing & Economics
Ep 394: Get Ready For A 30% Pullback
- Author: Vários
- Narrator: Vários
- Publisher: Podcast
- Duration: 1:03:52
- More information
Informações:
Synopsis
Rich Suttmeier, CEO & Founder of Global Market Consultants, sees a 30% correction in the S&P 500. He predicts higher interest rates and another possible housing collapse before year-end. Rich suggests taking profits in oil stocks following the huge surge in the sector. He also sees a major pullback in mining stocks over the next few months.