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Market Correction Coming Because Fair Value 'Just Isn't There' In Stocks Right Now | Ted Oakley

Wealthion - Be Financially Resilient

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The Market's Outlook for the Next Week

Ted Oakley: We're sitting at a time where profit margins are exceedingly high and the cost of making things and producing services is going up. The top 20% has enjoyed all of the appreciation and housing in the stock market, he says. Ted talked about maybe $200 per share on the S&P over the next year, or maybe $50 a quarter; that's only if profit margins stayWhere they are, but costs are going up. When costs start going up, profit margins come down.

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