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Wall Street Unplugged - What's Really Moving These Markets

Ep 394: Get Ready For A 30% Pullback

Wall Street Unplugged - What's Really Moving These Markets

Frank Curzio

Business, News, Commodities, Debt, Investing, Macroeconomics, Gold, Personal, Uranium, Oil, Economics, Business News, Geopolitics, Industry, Crypto, Stocks, Curzio, Trading, Finance, Research, Investments, Tokens, Talk, Crisis

4.51.1K Ratings

🗓️ 9 March 2016

⏱️ 65 minutes

🧾️ Download transcript

Summary

Rich Suttmeier,  CEO & Founder of Global Market Consultants, sees a 30% correction in the S&P 500.   He predicts higher interest rates and another possible housing collapse before year-end.  Rich suggests taking profits in oil stocks following the huge surge in the sector.  He also sees a major pullback in mining stocks over the next few months.

Transcript

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0:00.0

Wall Street Unplugged looks beyond the regular headlines heard on mainstream

0:06.1

financial media to bring you unscripted interviews and breaking commentary direct from Wall Street

0:11.8

right to you on Main Street.

0:14.0

How's it going out there?

0:17.0

It's Wednesday, March 9th.

0:19.0

I'm Frank Curzier, host to the Wall Street Unpunk Podcast, where I break down the headlines,

0:23.0

end.

0:26.0

Tell you what's really moving these markets.

0:30.0

You know, I always end these podcasts, Wall Street on Punk Podcasts by asking you to do me a favor.

0:36.0

And you say, hey everyone, if you get a chance, go to iTunes, write my podcast.

0:40.0

The reason for that, the more ratings you get on there, the higher up the list you go.

0:44.0

I mean, have certain lists like, new and noteworthy.

0:47.0

They have like a buzz list and what's hot.

0:50.0

And when you make it on those pages, basically you're on the front page of iTunes, which means a lot more listeners are going to hit your pockets, getting a lot more clicks, pretty cool.

1:00.0

Now, what does that do for you? It keeps the Wall Street on Plumb Podcast, one of the top-ranked

1:04.9

podcasts in the Business Investing section. Again, thanks to you guys. I've been ranked number one many times

1:10.4

since these rankings are daily, but again, you know, it's a lot of people thanks to you

1:14.7

word amount and stuff like that which is really cool but more important when you're

1:18.4

ranked as the top it's easy to get great interviews for, I can get almost any top money executive to come

1:25.7

on this podcast. I plan on doing so over the next few months because it's conference season. It's a little difficult.

1:30.0

These guys are traveling like crazy, but let mean talk about guys like Ian Telfer

1:34.6

Pierre Lausan who's a CEO of Franco Nevada it's the largest streaming company in the

...

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