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!
