"Big tech is becoming too powerful" - Dr Richard Smith

The CEO of the Foundation for the Study of Cycles, Dr Richard Smith, joined the BizNews Power Hour to discuss emerging tech stocks. Investment guru Ray Dalio has warned that some stocks are in ‘extreme bubbles – particularly emerging technology companies’. Dr Smith says 'I think Dalio is talking about smaller stocks.' Smith also gives his thoughts on cryptocurrency. 'For somebody who has been in bitcoin for a while, it's a good time to be taking some profits.' Learn more about your ad choices. Visit megaphone.fm/adchoices