Rich Suttmeier, CEO & Founder of Global Market Consultants, joins me this week on Wall Street Unplugged. On the episode, Rich explains that he sees a 30% correction in the S&P 500 coming soon.
He also predicts higher interest rates and another possible housing collapse before year-end.
[app_audio src=”http://traffic.libsyn.com/sainvestorradio/WSU20EP20396.mp3″] Rich suggests taking profits in oil stocks following the huge surge in the sector. He also spends time discussing what he sees as a major pullback in mining stocks over the next few months. As always, thanks for listening and good investing!Curzio Research publishes market commentary for informational and educational purposes. The opinions expressed and market conditions when the content is published may change. It is not personalized investment advice or an offer to buy or sell securities. Investing involves risk, including possible loss of principal. Do your own research and consult a qualified investment professional before making investment decisions.
