David Fischer, CEO of Landmark Capital, joins Kevin McCullough for an exciting Money Monday. David explains why the indexes were flat last week and what big factors will be in play for the upcoming week. He also predicts we will be having huge earnings this week and next week, this could flatten or raise the indexes, but shouldn’t lower them. The “Ultra Rich” which is 700 of JP Morgan’s Global private investors are saying that a recession will hit by 2020.
The ultra-rich predict a downfall in the economy soon!
To listen to the full episode click here!
Show Notes –
– The ultra-rich, people who have 30 million dollars or more in liquid money, are predicting a recession in the next few years.
– A bill was passed and if signed by the president, this will allow banks to lower their cash holdings, or have an annual stress test.
– The FED raising rates continues to add to our debt, giving more of a reason for a recession soon.
– With the market hectic as it is, diversify your investments and get your investments in gold.
– David has a new Whitepaper as well that you can receive if you give the Landmark team a call at (602) 287-9200
