Larry McDonald, Bear Traps founder, warns of a serious correction coming in the Nasdaq. With CNBC’s Melissa Lee and the Fast Money traders, Guy Adami, Tim Seymour, Karen Finerman and Dan Nathan.
Larry McDonald is the founder and editor of The Bear Traps Report, an independent Macro Research Platform focusing on global political and systemic risk with actionable trade ideas, working in cooperation with ACG Analytics, Inc based in New York City.
Larry McDonald, editor of the Bear Traps Report, talks silver, precious metals and U.S. equities.
Larry McDonald, Founder of The Bear Traps Report says the performance of US small caps is a good indicator of market position, as small caps outperformed the Nasdaq by 3.5% yesterday
Today we are very lucky to welcome Larry McDonald as our guest. Larry is the founder of the Bear Traps report, and has extensive experience in consulting and investment banking. His bestselling book “A colossal failure of common sense”, described his time as a Vice President at Lehman brothers where Larry had a ringside view of the last financial crisis. Needless to say this gives him an interesting perspective on the current state of the global markets. Our very enjoyable conversation covered a wide range of topics from high level macro, across Silver and Copper, and down to individual stocks like Tesla.