Wall Street Unplugged - Your Best Source For Finance, Investing & Economics

The Fed is keeping quiet ahead of next week’s meeting… But its silence isn’t necessarily good news… On today’s show, Daniel and I discuss why the bear market rally is coming to an end… and how investor sentiment has changed from “buy the dips” to “sell the rips.” I explain why the market’s price-to-earnings ratio is worthless right now… why there’s zero chance next year’s earnings will meet current expectations… and why estimates need to come down at least 20% from here.  As a reminder, you can take advantage of the coming stock market decline with our special offer on Moneyflow Trader.  Goldman Sachs plans to invest tens of millions into the crypto space… as it looks to take advantage of this year’s brutal crypto crash. I share why this is great for the industry… what I think Goldman will invest in… and the incredible innovation happening in digital assets.  In this episode  Why the Fed is keeping quiet [0:30] Why next year’s earnings estimates are laughable [5:48]  How to get greedy as stocks crash [12:55]