On today’s show, Frank Curzio and Daniel Creech 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.” Frank explains 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.
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. Frank shares why this is great for the industry… what he thinks Goldman will invest in… and the incredible innovation happening in digital assets. -------------------------------- 0:00 - Intro 0:35 - Why the Fed is Keeping Quiet 5:58 - Why Next Year’s Earnings Estimates are Laughable 13:12 - How to get Greedy as Stocks Crash 21:30 - The Market’s P/E Ratio is Worthless Right Now 28:48 - Goldman Sachs Wants to go “Bottom Feeding” in Crypto 30:40 - Innovation is Alive and Well in Digital Assets