A Mini-Depression Is On The Horizon
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Stocks had a massive pullback this week following the FOMC's decision to cut rates by 25 basis points. The Dow Jones extended a 10-day losing streak, the longest since the 70s.
Video Length: 00:40:46
Key topics and questions David and I talked about include:
- 0:00 – Market recap
- 0:50 – Bitcoin: Where do I see the trend for Bitcoin going now that it has reached $108k? Being that it’s been over a decade since my last position, what indicators did I base my recent Bitcoin trade on?
- 11:50 – Stock market outlook: Is the sell-off after the Fed news earlier in the week just the tip of the iceberg? Or is the bull just trying to buck off the nervous investors before rocketing higher?
- 20:33 – Dow Jones’ losing streak: On a magnitude of time scale, what are my thoughts about the Dow’s longest losing streak since 1978?
- 22:48 – Energy stocks: Why am I bearish on energy stocks? The risk of holding dividend-paying stocks.
- 27:38 – 35%-55% pullback in S&P 500: What could a potential pullback in January look like? What assets could become safe havens?
- 30:20 – USD: How do I think the USD will perform in the coming year? Is there a downside to a high USD?
- 33:25 – Gold: Do I think gold will do well in 2025?
- 35:00 – CAD: What are my thoughts on the Canadian dollar?
- 37:33 – Peak maximum risk: Is there any sector that traders with more of an appetite for risk to look into?
More By This Author:
Market To Crash: Dividend Stocks, Energy Stocks, And Bonds
The Danger Of Standardized Financial Strategies
How To Ride A Bull Market To Massive Profits
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