Boom Bust Season 2 Episode 8 9/11 Legacy and Prechter's Chief Analyst Sees Market Topping

Boom Bust season 2 episode 8, titled "9/11 Legacy and Prechter's Chief Analyst Sees Market Topping," takes a closer look at the economic impact of the tragic events of September 11th, 2001 and the potential for the current market to reach a peak.

The episode begins by examining the aftermath of 9/11, and how it impacted the economy. Host Bart Chilton speaks with guest Charles Sennott, Founder and CEO of the GroundTruth Project, who discusses the economic ramifications of the attacks and how they led to a change in security and defense spending. Sennott also talks about how the country came together in the wake of the tragedy and the importance of unity and empathy in today's divided political climate.

The show then moves on to discuss the current state of the economy, and whether or not the market is approaching a top. Chilton speaks with Robert Prechter, Founder and Chief Analyst at Elliott Wave International, to get his take on the matter. Prechter discusses his belief that the market is headed for a downturn, citing various indicators such as market sentiment, volume, and price. He also discusses the role of the Federal Reserve and government stimulus in propping up the market, and the potential consequences of a market correction.

To provide a different perspective, Chilton also speaks with guest Todd Horwitz, Chief Strategist at Bubba Trading. Horwitz takes a more optimistic view, arguing that the market still has room to grow and that investors should adopt a long-term approach to investing. He also discusses the impact of recent events such as the US-China trade war and the COVID-19 pandemic on the market, and how they have affected investor sentiment.

The episode wraps up with Chilton providing his own analysis of the current market, based on the viewpoints of his guests and his own research. He emphasizes the importance of diversification and risk management in uncertain times, and encourages viewers to consult with a financial advisor before making any investment decisions.

Overall, "9/11 Legacy and Prechter's Chief Analyst Sees Market Topping" offers a thought-provoking and informative take on two important topics: the legacy of 9/11 on the economy and the current state of the market. With insights from expert guests and the knowledgeable host, viewers are sure to gain valuable insights and a better understanding of these complex issues.