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Episode 0245 - Could the Stock Market CRASH within the Next 60 Days?
Description
The market has been looking weak for some time and the FED has been raising rates almost as fast as the market has been rising ahead of these rate cuts. In a rising interest rate market, it's not just about how much the FANG stocks are growing, because they can get competition from the 1-yr treasury market. Larry McDonald gives an example of where bonds start to come into competition with equities and this can really accelerate the flow of bonds into areas that have not traditionally been attractive.
The Bear Traps Report founder Larry McDonald reacts to Federal Reserve Chairman Jerome Powell's testimony to Congress, previews the February jobs report and discusses a potential stock market crash. #foxbusiness #morningswithmaria
Expert warns stock market crash could come in a matter of days - YouTube