Welcome back to another episode of Wall Street Unplugged!
Larry Edelson, editor of the Supercycle Trader newsletter at Money & Markets, is predicting a huge crash in the global markets. More important, he says this massive pullback will start on October 7 – and then last for several years.
By using cyclical analysis, Larry has a history of predicting major market moves including the 1987 market crash, the collapse in tech stocks in 2000 and the credit crisis in 2008. He is calling the next collapse in the markets “The Great Convergence.”
In this interview, Larry tells us why the markets will start to fall on exactly October 7… He explains why he is calling this cyclical downturn the great convergence… And he also provides unique ways for investors to profit from this eventual collapse in the global markets.
As always, thanks for listening and good investing!