Ep. 257 Richard Suttmeier: Stocks Will Fall Another 20% from Here
Wall Street Unplugged - What's Really Moving These Markets
Frank Curzio
4.5 • 1.1K Ratings
🗓️ 15 October 2014
⏱️ 49 minutes
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Summary
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| 0:00.0 | S&A Investor Radio looks beyond the regular headlines heard on mainstream financial media |
| 0:07.0 | to bring you unscripted interviews and breaking commentary direct from Wall Street, |
| 0:11.0 | right to you on Main Street. |
| 0:15.0 | There's it going out there. |
| 0:17.0 | It's Wednesday, October 15th, |
| 0:19.0 | and I'm Frank Curzier hosted the S&A Investor Podcast, |
| 0:22.0 | why break down the headlines and tell you what's really moving these markets. |
| 0:27.0 | You know, I'm going to start off the show. |
| 0:33.0 | Almost like an educational segment to start the show. |
| 0:36.2 | No matter like telling a story, keeping people entertained a bit, |
| 0:38.9 | instead of shouting out millions of numbers and fundamentals every podcast and boring everybody to death. |
| 0:45.0 | But I'm changing things up today, which is a good thing for one listener who posted something |
| 0:49.4 | on iTunes which I thought was pretty funny. |
| 0:51.0 | He said, you know, Frank is great. Just fast forward |
| 0:53.5 | through the first 10, 12 minutes of his rants and how he hates Florida. I don't eat Florida. Florida is pretty cool. |
| 1:01.0 | The tax is a good. Love the weather. That's about it. Anyway, I don't want to go there today. |
| 1:07.0 | And he says, his guests, educational segments are really, really good though. So this one's for you. It's going to be a different start. I'm not going to come and put a story. |
| 1:15.0 | So over the past few weeks, we've seen a big collapse in stocks, getting a ton of e-mails. Russell 2000s down double digits off its ties. |
| 1:22.5 | The Dow is now down for the year as well as the S.P. 500. |
| 1:25.9 | And I'm getting just so many emails, investors are nervous, |
| 1:29.2 | and they should be, right? |
| 1:30.1 | I mean, you look at the papers, you look at the websites, |
... |
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