Are Stocks Peaking Again?

By Mike Switzer

Published August 6, 2019 at 5:31 AM EDT

2019 began as a worrisome year for investors but by mid-year the stock market had turned around and even inched into record-high territory. The economy is showing signs of weakening though, so could this be a sucker’s rally?

Mike Switzer interviews Doug English, a certified financial planner with ACT Advisors in Charleston, SC.

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Mike Switzer

After almost 20 years, Mike Switzer retired from Wells Fargo Securities in 2001 as Senior Vice President/Investment Officer and Certified Portfolio Manager. In 1999, he and his wife, Maggie, purchased and operated for eight years the Baskin Robbins ice cream store on Forest Drive in Columbia. They grew the store from a bottom-tier operation in the Baskin Robbins franchise system to one in the top 5% nationwide within three years, tripling sales along the way. While operating the ice cream store, Mike and Maggie received patents for a portable ice cream sink and fold-down sneezeguard they invented and in 2002 started Magnolia Carts, an ice cream cart manufacturing company, which they sold in 2013.

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