Retirement Talk Podcast Episode

161. Economist Says Stock Market Will Witness Largest Crash Since 1929

June 21, 2023
Market crash

We know there’s always another market crash in the future, but should we be worried that it’s happening soon? An economist named Henrik Zeberg thinks so. He expects a massive blow-off top for equities in near future, and his belief is that the stock market could be headed to one of its biggest crashes in the coming months because the strength of the dollar is on its way down.

In this episode, Laura Stover, RFC® and Steve Rumsey, CIO of Optimus Advisory Group, will weigh in on this opinion and share their view on the current state of the dollar. How does it stack up against other currencies and is the fear warranted? We’ll explore whether this is a realistic possibility or if this is just another exaggerated headline.

The key, as always, is to have a balanced approach and that starts with a blueprint, a custom income plan utilizing our proprietary LifeArcPlan. We’ll tell you more about how that’s constructed so you don’t fall into the same investor behavior patterns that produce negative results during a down market.

Redefining Wealth® Custom Blueprint Income Plan: https://redefiningwealth.info/schedule/ 

Rate, Review and Subscribe to the Podcast:

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How to Connect:

redefiningwealth.info
lswealthmanagement.com

Schedule a Review:  https://redefiningwealth.info/schedule/

Timestamps (show notes):

4:56 – What’s our take on this opinion?

7:09 – Should we be concerned about the US dollar?

12:03 – Breaking down investor behavior

15:53 – Steve’s research into the stock market & economy

19:15 – The market becoming more volatile?

25:04 – Is the debt ceiling a bigger concern?  

29:12 – Strategies people can utilize for a market crash

 

 

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