Frazier: Ignore the 'Experts,' Stocks Poised to Plunge

By: Dan Weil

The weak economy will push U.S. stocks lower — perhaps substantially lower — in the weeks ahead, says David Frazier, editor of Newsmax newsletter The ETF Strategist.

Aggressive investors can take advantage of this move by purchasing inverse equity ETFs (exchange-traded funds), he told Newsmax.TV Money. These are funds whose share prices rise as stocks fall.

Conservative investors, meanwhile, should shift their holdings to cash, Frazier says. (more)