20 min listen
"I would be surprised if we don’t sell off" - Gareth Soloway shorts stock market
"I would be surprised if we don’t sell off" - Gareth Soloway shorts stock market
ratings:
Length:
23 minutes
Released:
Nov 14, 2020
Format:
Podcast episode
Description
Nothing has fundamentally changed in the economy to warrant a sustained rally in the stock markets, said Gareth Soloway, chief market strategist at InTheMoneyStocks.com, speaking with Kitco News at 3:45 pm EST on Monday. “I don’t believe anything major has changed. We knew a vaccine was going to come, the projections are still first quarter, early second quarter,” he said. “The same thing with Biden coming into the White House, it doesn’t change a lot of the economics of the market, so it does concern me and I used it to put on shorts today.” The Dow Jones rallied 800 points in the biggest single day gain in 5 months on Monday following Pfizer's announcement that their COVID-19 vaccine is 90% effective.
Released:
Nov 14, 2020
Format:
Podcast episode
Titles in the series (100)
Economy to shut down again this winter says Lobo Tiggre, investor who called gold price drop: "If Biden is sworn in, he'll shut the economy down this winter more than Trump would have. USD goes under the bus, stagflation is likely. They'll blame COVID-19, but for once, socialism might also get some of the blame for the trouble it causes..." said Lobo Tiggre of the Independent Speculator in a Tweet made last week. by Kitco NEWS Interviews