McClellan: Bear Market Rally About to End, Consumer Sentiment Plunge Projecting Sharp Rise in Unemployment

July 29, 2022 – After this week's market wrap-up with Ryan Puplava, Financial Sense Newshour speaks with Tom McClellan at McOscillator.com to get an update on his outlook for the stock market, the economy, and more. Tom believes we are in a bear market rally and that it is now going to hit major resistance levels in the weeks ahead. Next, Rick Sharga at ATTOM, one of the country's leading providers of comprehensive real estate data, discusses the dramatic slowing of the housing and real estate market, which he expects to continue through the end of this year and into next. Lastly, Financial Sense Wealth Management CIO Chris Puplava joins us for another Smart Macro edition to provide our internal view of the market, recession risks, and how we are navigating the current investment landscape.

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Charts mentioned in today's show:

Source: Tom McClellan at www.mcoscillator.com
Source: Tom McClellan at www.mcoscillator.com
Source: Tom McClellan at www.mcoscillator.com
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