Ep. 471: Richard Suttmeier: The ugly truth about 2017

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Welcome back to another episode of Wall Street Unplugged!

Stocks have gone on to hit new all-time highs… but my guest, Richard Suttmeier, and I are a bit nervous.

If you don’t know Richard, he is often seen on Forbes and TheStreet.com. He is the Founder & CEO of Global Market Consultants.

To start off the interview, Richard warns any investor chasing the recent Trump rally. Although certain sectors remain “tradable” – Richard explains why most are not long-term investments.

Tune in and discover the ugly truth about this upcoming year. And why investors should take their profits now… before it’s too late.

Richard then takes us a step further. He breaks down what he calls the “balance sheet of the US economy.” His latest victim? US banks. Aside from the too big to fail problems, Richard shares with us the various risks banks are still exposed to.

Then, on my Educational Segment [40:01], I’ll be teaching listeners my most important lesson about the markets – Investor Sentiment. Considering today’s economic environment, I couldn’t have timed this any better. I’m afraid of a massive stock market correction. Here’s how to stay one step ahead.

Links & Resources

  • Stay connected with the legend himself – Richard Suttmeier, and his latest research on both Forbes & TheStreet
  • Here you can find Richard’s story on the recently released FDIC data
  • Also, feel free to learn more about the next conference I’ll be attending – CES 2017

Stocks Mentioned

  • Humana Inc. (HUM)
  • UnitedHealth Group (UNH)
  • Wells Fargo & Company (WFC)
  • Bank of America Corporation (BAC)
  • JPMorgan Chase & Co. (JPM)
  • Fannie Mae (FNMA)
  • Freddie Mac (FMCC)
  • FedEx Corporation (FDX)
  • United Parcel Service, Inc. (UPS)
  • Amazon.com, Inc. (AMZN)
  • Caterpillar Inc. (CAT)
  • Apple Inc. (AAPL)
  • Amgen Inc. (AMGN)
  • International Business Machines (IBM)
  • Teva Pharmaceuticals Industries (TEVA)
  • GlaxoSmithKline plc (GSK)

One Comment

  1. JIm Sande
    December 8, 2016 @ 8:57 pm

    Hey Frank, what’s up with gold and silver and what can I expect for gold miners equities and gold EFT’s etc. in 2017? Thanks so much! Jim Sande, Manchester, MI.

    Reply

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