Episode Details

The market turmoil continues as major companies spanning several sectors are laying off thousands of people. Big names are lopping off a huge portion of their workfoce including Paramount, Intel, Cisco and Axios. With that, the Oracle of Omaha, Warren Buffett has recently said he belives a 2008-like market crash is coming to the US, citing a number of reasons, including (from 24/7 Wall Street via Newsbreak): 

• Most big companies seem overvalued, with the S&P 500 trading at high multiples.
• Warren Buffett's recent stock sales hint he's preparing for a potential market downturn.
• He may be waiting for a major correction to make big acquisitions, as he did in 2008.
• When things turn down, dividend stocks can be a safe port in the storm

Swiss America CEO Dean Heskin and Chris Agalestos examine Buffet's prediction and analysis while they also discuss how you can help protect yourself on The Secret War on Cash

Call for your FREE copy of The Secret War on Cash newsletter: (800) 289-2646 or
Visit our website for more information: https://www.swissamerica.com
Call for your FREE copy of How the Coming Global Crash Will Create a Historic Gold Rush: (480) 548-2975
Follow us on Facebook: https://www.facebook.com/swissamerica/
Follow us on X (Twitter): @Swiss_America
Follow us on LinkedIn: https://www.linkedin.com/company/1023049

Artcles referred to in this podcast:
https://www.foxbusiness.com/markets/layoffs-announced-multiple-companies-summer
Buffett Signals a 2008 Sized Collapse (newsbreak.com)