Calling the Bear: How Carter Braxton Worth Predicted the Market Drop and What Comes Next
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I'm Nicole Lappin, the only financial expert you don't need a dictionary to understand. It's time for some money rehab. My guest today, Carter Braxton Worth, was quoted in CNBC as saying, it's official, we are in a bear market. Now, what makes this remarkable isn't what he said, because by now the bear market is obvious. What makes this remarkable is when he said it. He wrote this at the end of February, right after the market hit all-time highs and just weeks before the big market sell-off in the beginning of March that would kick off the bear market we are in right now. Carter is a legend, an absolute legend in chart analysis, which makes him as close to a fortune teller as we can get on Wall Street.
So today we dig into what he's seeing in the charts that signaled the sell-off, what the markets are telling us now post-liberation day, and how tariffs might help or hurt key industries. We also dig into why certain defensive sectors might be your portfolio's new best friend and how even in rough markets, there are smart plays to be made. Carter actually did a really fun show and tell with me over Zoom, and he gave me a live analysis of the market with visuals and charts and all the good stuff. It's hard to follow in an audio only episode. So if you want that part of the show and tell, and also if you want to learn how to read charts like Carter, I published the clip on YouTube, which you can find in the link in the episode description. But first, the big picture with Carter. Carter Braxton Worth, welcome to Money Rehab. Thank you. Okay, let's talk money and what's going on in the markets right now. I feel like I need a volume.
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