Concentration and Debt in the Market with Eddy Gifford #5957

<p class="MuiTypography-root MuiTypography-body1 css-jxzvhi">Kerry Lutz and Eddy Gifford discussed the recent GDP report and market behavior. Gifford expressed skepticism about the report and warned of warning signs in intermarket relationships and small companies struggling. He also discussed the concentration of stocks in the S&P 500 and how it could lead to trouble if those stocks have a bad day or self-correct.</p> <div class= "MuiCollapse-root MuiCollapse-vertical MuiCollapse-entered css-c4sutr"> <div class="MuiCollapse-wrapper MuiCollapse-vertical css-hboir5"> <div class= "MuiCollapse-wrapperInner MuiCollapse-vertical css-8atqhb"> <div class="MuiStack-root css-17u8plo"> <p class="MuiTypography-root MuiTypography-body1 css-jxzvhi"> Gifford advised having a disciplined strategy with predetermined reasons to get in and out of investments, holding cash, and taking profits as the market rises. He also warned of cracks under the surface of the market, including high consumer debt and government spending built on debt, and predicted a financial event in six to nine months. The conversation ended with a discussion of where to find Gifford and how to connect with him.</p> <p class="MuiTypography-root MuiTypography-body1 css-jxzvhi">Find Eddy here: <a href= "https://tactivewealth.com/eddy-gifford/">tactive wealth</a></p> <p class="MuiTypography-root MuiTypography-body1 css-jxzvhi">Find Kerry here: <a href= "https://www.financialsurvivalnetwork.com">FSN</a></p> </div> </div> </div> </div>