American Conservative University
News:Politics
Stocks To Crash 65-80% This Year, Predicts Veteran Analyst David Hunter
https://youtu.be/OGKuc3CZnLI
Peak Prosperity
A year ago, macro strategist David Hunter predicted a massive melt-up in financial assets, to be followed by an equally tremendous market crash. Well, he's certainly been right so far on the melt-up prediction. All major stock indices are trading at record highs. And valuations have never been more stretched. Market Cap to GDP (the famed "Buffet Indicator") has never been higher. Nor has the market's price-to-sales ratio. As analyst Sven Henrick puts it "everything has gone vertical". So, having correctly called the current melt-up, will Hunter's prediction of a 65-80% crash in prices this year also come true? Time will tell. But as extreme as that kind of drop may seem, history is on David's side. Whenever excessive debt has enabled market multiples to distort to unsustainably excessive heights -- which is what's happening now on an unprecedented level -- a painful correction to clear out the bad debt and malinvestment has always occurred. But despite his dire forecast, Hunter is more sanguine about what will follow. He predicts that those who preserve their capital through the coming crash will have the opportunity to deploy it at very advantageous terms as the next recovery begins. And like previous guests Jim Rogers and Steen Jakobsen, he sees a very bright future ahead for commodities and the companies that source, refine and deliver them to market. Which is why now, more than ever, is the time to partner with a financial advisor who understands the nature of the risks and opportunities in play, can craft an appropriate portfolio strategy for you given your needs, and apply sound risk management protection where appropriate. Anyone interested in scheduling a free consultation and portfolio review with Mike Preston and John Llodra and their team at New Harbor Financial can do so by clicking here: https://www.greylockpeak.com/ And if you're one of the many readers brand new to Peak Prosperity over the past few months, we strongly urge you get your financial situation in order in parallel with your ongoing physical coronavirus preparations. We recommend you do so in partnership with a professional financial advisor who understands the macro risks to the market that we discuss on this website. If you've already got one, great. But if not, consider talking to the team at New Harbor. We've set up this 'free consultation' relationship with them to help folks exactly like you. https://www.greylockpeak.com/
SCHEDULE YOUR FREE PORTFOLIO REVIEW with Mike & John and the New Harbor Financial team here: https://www.greylockpeak.com/
Create your
podcast in
minutes
It is Free