Wall Street Unplugged
Episode: 631August 15, 2018

Why stocks are about to fall 20%

Today I welcome back a 40-year market veteran… and one of my favorite bears: Rich Suttmeier.

Rich is an incredible analyst. He’s also founder and CEO of Global Market Consultants, with great insight on a variety of topics.

He breaks down Turkey’s financial crisis… why it’s significant to individual investors… and how it could be the catalyst that pops a $270 trillion debt bubble.

While Rich tends to land on the bearish side, he’s been bullish on FAANG stocks (Facebook, Apple, Amazon, Netflix, and Google) for quite some time. He explains why he’s now changing his tune on these tech giants.

We also cover the banking sector. Rich highlights several measures banks are using right now to stick it to Main Street. He and I have passionate debates about this sector… so you’re in for some fantastic entertainment and a solid education.

Then I break down earnings season in my educational segment [42:35]. On the surface, earnings and sales growth may look positive… but there are significant risks most investors and analysts are overlooking—risks that could push stocks significantly lower over the next six months.

As always, I share all the details and numbers to back up this claim… and explain the steps you can take to protect yourself.

Download Transcript
What’s really moving these markets?
Get free daily updates
More Wall Street Unplugged

NYC… CPI… AI… Oh my!

A trip to the Big Apple… The Consumer Pricing Index shows hot inflation reading… You should do this when the Fed cuts interest rates… Artificial intelligence is starting to take over—I can show you how to profit.

How to outperform Bitcoin over the next year

Bitcoin plunged 10%—for a split second, and is back to all-time highs—here's how to use the situation to your advantage. Apple's stock is down and mainstream media is panicking… But don't be too quick to turn bearish. This new AI…

AI will lead to an earnings explosion

In today's episode: A recent Billy Joel concert experience… AI is booming, providing efficiencies, and disrupting industries… Get in now. Crypto—and our portfolios—are on fire… Bitcoin crosses over $60,000… And MicroStrategy buys more Bitcoin…

AI… bubble or disruptor?

Is AI a bubble or a disruptor? What to expect after NVIDIA's (NVDA) earnings report. And stock volatility, despite solid earnings, signals an extremely dangerous market.