Dec 7 – Since hitting all-time record highs this September, we’ve seen three corrections with the latest happening just this week. Stocks are now back into negative territory for the year despite a growing economy and record profits. What is the surge in volatility signaling to investors? In today’s Big Picture, Jim Puplava and Chris Preitauer look at the final countdown and explain why we are likely in the early stages of a bull market topping process.
Then, in part two of the Big Picture, we discuss the power shift underway in the oil markets as OPEC and other political alliances face stiff competition from the US as the world’s largest oil producer, a milestone that was passed just this year. What does this mean for the future of oil prices and those invested in the energy space? Listen and find out!