Market Technician Says It’s Time to Raise Some Cash

On today's Financial Sense Newshour podcast, Ryan Puplava covers this week’s economic data, looking at technical red-flags for a possible market dip, and ongoing problems in emerging market stocks and currencies.

Next, Basil Chapman, host of The Tiger Technicians Hour, joins us to discuss his technical outlook on the stock market, explaining why he thinks it’s time to raise cash given the current setup.

Lastly, we speak with Ryan Sweet, Director of Real-Time Economics at Moody’s Analytics, on the US economy, Fed monetary policy, and whether he thinks investors should be concerned about the signal coming from one of the most accurate recession predictors, the yield curve.

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