A former Goldman manager has identified several reasons why he thinks we will have 40% drop in the markets over the rest of this year.

Today's Stocks & Topics: Gold, MDT - Medtronic PLC, PCG - PG&E Corp., Reverse Stock Split, Semi-Conductor Sector, LMT - Lockheed Martin Corp., Unemployment Rate, BLUE - Bluebird Bio Inc., EADSY - Airbus SE ADR, ENPH - Enphase Energy Inc., CCL - Carnival Corp., AMV - American Vietnamese Biotech Inc., Michael Wilson, Chief U.S. Equity Strategist at Morgan Stanley, Home Buyers.

TRIVIA QUESTION: "Could the FED policies cause acute inflation down the road?" AND-- The United States monetary system used to be based on the 'gold standard'-- when was that abandoned?"

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