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Are the financial markets at a precipice?

South Carolina Business Review
SC Public Radio

The financial markets have been doing really well since the short, sharp drop caused by the pandemic last year. Is anybody concerned about the stock market and interest rates anymore? Our next guest is. He says there are several indicators pointing to overvaluations and pending corrections. Mike Switzer interviews Tyson Halsey, a chartered financial analyst with Income Growth Advisors in Charleston, SC. He is also a member of the SC Chapter of the CFA Society.

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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.