Hello, hello Wall Street Unplugged Listeners.
Today on the show I have my good friend, Matt Badiali, editor of the Resource Report newsletter for Stansberry Research.
On this episode, Matt explains why most of the large oil companies are not safe investments. He predicts several could cut their dividend in 2016.
He also warns of tougher times for most shale producers with oil prices below $55 a barrel and production still near all-time highs.
Then, I break down my presentation from the S&A Investor Conference in Las Vegas. You’ll hear why I am bearish on oil and why I told an audience of over 500 people to sell all of their oil stocks. On this episode, I also discuss the next big trend in technology and name several stocks that will be huge beneficiaries.
As always, thank you for listening and good investing!