32 min listen
Concentration and Debt in the Market with Eddy Gifford #5957
Concentration and Debt in the Market with Eddy Gifford #5957
ratings:
Length:
13 minutes
Released:
Dec 5, 2023
Format:
Podcast episode
Description
Kerry Lutz and Eddy Gifford discussed the recent GDP report and market behavior. Gifford expressed skepticism about the report and warned of warning signs in intermarket relationships and small companies struggling. He also discussed the concentration of stocks in the S&P 500 and how it could lead to trouble if those stocks have a bad day or self-correct. Gifford advised having a disciplined strategy with predetermined reasons to get in and out of investments, holding cash, and taking profits as the market rises. He also warned of cracks under the surface of the market, including high consumer debt and government spending built on debt, and predicted a financial event in six to nine months. The conversation ended with a discussion of where to find Gifford and how to connect with him. Find Eddy here: tactive wealth Find Kerry here: FSN
Released:
Dec 5, 2023
Format:
Podcast episode
Titles in the series (100)
Andy Schectman's Latest Warning #5783: Summary: The central banks are suppressing gold and silver prices to accumulate physical assets, while the drawdown of supply by the big money is causing a shortage. This is causing people to move away from regional banks and into commercial banks,... by Kerry Lutz's--Financial Survival Network