Wall Street Unplugged
Episode: 471December 7, 2016

Richard Suttmeier: The ugly truth about 2017

Richard Suttmeier

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)

What’s really moving these markets?
Get free daily updates
More Wall Street Unplugged

NYC… CPI… AI… Oh my!

A trip to the Big Apple… The Consumer Pricing Index shows hot inflation reading… You should do this when the Fed cuts interest rates… Artificial intelligence is starting to take over—I can show you how to profit.

How to outperform Bitcoin over the next year

Bitcoin plunged 10%—for a split second, and is back to all-time highs—here's how to use the situation to your advantage. Apple's stock is down and mainstream media is panicking… But don't be too quick to turn bearish. This new AI…

AI will lead to an earnings explosion

In today's episode: A recent Billy Joel concert experience… AI is booming, providing efficiencies, and disrupting industries… Get in now. Crypto—and our portfolios—are on fire… Bitcoin crosses over $60,000… And MicroStrategy buys more Bitcoin…

AI… bubble or disruptor?

Is AI a bubble or a disruptor? What to expect after NVIDIA's (NVDA) earnings report. And stock volatility, despite solid earnings, signals an extremely dangerous market.