Kitco News: Every Major Market Collapse is Preceded by this Kind of Euphoria

Michelle Makori, Lead Anchor and Editor-in-Chief at Kitco News, recently interviewed Gareth Soloway, Chief Market Strategist at VerifiedInvesting.com. Soloway shared his concerns about the US stock market and warned of a ‘dramatic’ drop once the Federal Reserve starts cutting rates. Soloway reacted to Fed Chair Jerome Powell’s latest comments and pointed to concerning signs in the US banking sector. He noted that big institutional players are ‘unloading’ the stocks of big banks, which could be a harbinger of trouble ahead. One of the Black Swan events that investors need to pay attention to, according to Soloway, is the possibility of…