Season 1 · Episode 325
Ep 326: A 35% Crash in Stocks Is Coming
Wall Street Unplugged - What's Really Moving These Markets · Frank Curzio
July 7, 20151h 12m
Audio is streamed directly from the publisher (traffic.libsyn.com) as published in their RSS feed. Play Podcasts does not host this file. Rights-holders can request removal through the copyright & takedown page.
Show Notes
Rich Suttmeier, 40-year veteran of the markets and contributor to TheStreet, predicts the Dow Jones will fall 35% by the end of this year. He says the current problems in Greece will spill over to other countries in Europe. And the recent decline in China could pose an even bigger threat to the global markets. Rich provides a game plan for investors to follow during this expected volatile period. He also recommends several stocks and sectors that should be avoided heading into this earnings season. Frank then breaks down the energy sector following the recent collapse in oil prices. He recommends his favorite stocks to buy, ones to avoid - and several names that could file for bankruptcy over the next 12 months.