CMG Capital Management Group CEO Steve Blumenthal appeared on TheStreet this week. Steve discussed his best ideas for investors to consider when the next buying opportunity presents, which he sees in the next 12-18 months.
In his weekly commentary, On My Radar, Steve has addressed in depth excessive market valuations and low probable forward returns, the global debt crisis, deleveraging, low GDP and negative corporate earnings. Nonetheless, Steve says that recessions and market corrections create terrific buying opportunities.
Please enjoy the video below. Click here for the transcript of the interview.