Financial Analyst Terry Sacka Breaks Down The Nine Data Points That Help Consumers Avoid Debt Traps
In society there are debt traps that consumers regularly fall into which leads to not only staggering figures of consumer debt. Terry Sacka, AAMS breaks the points of data that consumers can use to avoid these traps that put them in debt.
The first data point is a factor that deserves a great deal of attention - the smart money. The smart money, or institutional money that is "in the know", is getting out of stocks at a rate we haven't seen since just before the financial crisis of 2008 as according to a chart on the Bloomberg "Smart Money Flow" Index.
This and more charts can be seen in the video below:
Mr. Sacka has also made the statement, "I believe we are in a cyclical economic recovery very similar to 2008 where we may be secular in a bull market but we will eventually see a cyclical bear. Depending on how the world handles it, there could be a 40% - 50% correction."
About The Wealth Transfer show
A weekly television program where Terry Sacka, AAMS discusses global economics, biblical & financial principles, and the protection and preservation of wealth & hard assets. We aim to reverse that process through strategic education and to put "we the people" back in charge of our wealth and our future.
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Terry Sacka, AAAMS