Markets Do a double take as rates spike on inflation fears
The MOMO stocks take a beating, the Meme Stocks take off – then fizzle.
Guest – Dr. Stephen Leeb – Author of China’s Rise And The New Age Of Gold
Stephen Leeb (www.stephenleeb.com) is the author of China’s Rise And The New Age Of Gold: How Investors Can Profit From a Changing World and editor of the award-winning publication, The Complete Investor. The author of eight previous books, Leeb is known for his prescience in uncovering overlooked trends and explaining what they mean for investors, often going against conventional wisdom. He predicted the bull market that started in the 1980s in his book Getting in on the Ground Floor; foresaw the tech stock crash in Defying the Market: Profiting in the Turbulent Post-Technology Market Boom; and forecasted the 2008 subprime mortgage crisis in his New York Times bestseller, The Coming Economic Collapse: How You Can Thrive When Oil Costs $200 a Barrel, co-authored with Glen Strathy. Leeb is a graduate of the University of Pennsylvania’s Wharton School of Business and holds a Ph.D in psychology and master’s in mathematics from the University of Illinois. He’s a frequent guest on national financial shows and a speaker at major conferences.
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Stocks mentioned in this episode: (GLD), (SLV) , (BTCUSD), (AKRK)
Podcast: Play in new window | Download (Duration: 1:00:13 — 55.3MB)