The Great Retirement Threat: Pension Expert Warns Of Massive Failures Ahead | Ted Siedle
Wealthion - Be Financially Resilient
00:00
The Projection of Market Returns in a Downturn
Mike Downey: We're living in the most overvalued point in US history based on a number of different criteria. The stock market, if you look at the S&P has been trying to put in a top since January 2018 and there's at least eight individual blow off top. He says we're putting all of our eggs in one basket; this is for the whole bag of marbles everyone says it is. And frankly, I don't think the central banks really have a plan for what to do if this doesn't work so we just keep spreading the word about caution," he said.
Play episode from 18:58
Transcript
