Why U.S. Stocks Are Flashing Code Red
https://www.youtube.com/@StansberryMedia
On this week's Stansberry Investor Hour, Dan and Corey are joined by Joel Litman, the founder of our corporate affiliate Altimetry. But first, Dan and Corey kick off the podcast by discussing the latest Federal Reserve meeting, a recent study about what happens to stock price when artificial intelligence ("AI") gives answers at earnings calls instead of humans, and the emergence of a robot CEO for a rum company. (00:00)
Next, Joel joins the conversation and gives the reasons for his growing bearish sentiment. He points out some significant red flags that have caught his and his fellow analysts' attention, including the historical pattern of a credit crisis preceding every major bear market. Joel explains that the current sentiment and valuation trends are heading in the wrong direction. (16:42)
Joel then moves on to the impact of high interest rates on the market. He explains that he and the folks at Altimetry employ "Uniform Accounting" principles, meaning they do not use the same price-to-earnings multiples as Bloomberg or CNBC. Instead, they perform their own calculations. Joel argues that, to control inflation, interest rates need to be maintained at a level higher than what Fed Chair Jerome Powell seems to favor. (20:56)
Finally, Joel discusses U.S. stocks being overallocated in investors' portfolios today and why this serves as a concerning indicator of market conditions. Plus, looking globally, he details why he finds Chinese and Russian stocks unattractive for investment. (37:36)
-
LIVE
Laura Loomer
2 hours agoEP82: LIVE COVERAGE: Trump Rally in Coachella, CA
4,139 watching -
LIVE
Drew Hernandez
12 hours agoTRUMP RALLY COACHELLA, CALIFORNIA
2,524 watching -
26:03
MYLUNCHBREAK CHANNEL PAGE
1 day ago1700s Vienna: Secrets Behind The Facade?
75K27 -
2:56:51
Jewels Jones Live ®
1 day agoKAMALA’S COLLAPSE | A Political Rendezvous - Ep. 95
50.7K16 -
1:08:48
Michael Franzese
22 hours agoAnother Crazy Week: P Diddy, Hurricane, and More Democrat Lies | Michael Franzese LIVE! Ep. 22
105K138 -
1:51:55
Athlete & Artist Show
1 day ago $12.05 earnedNHL Is Back! High Stakes Sports Betting and Casino Games!
106K1 -
2:00:57
Tactical Advisor
10 hours agoThe Vault Room Podcast 002 | Shotguns Making a Comeback & Updating Current Events
78K26 -
6:55:33
Vigilant News Network
22 hours agoCOVID Vax “Conspiracy Theory” Becomes Reality | The Daily Dose
121K84 -
2:23:58
I_Came_With_Fire_Podcast
21 hours ago"Unraveling the Las Vegas Shooting: Conspiracy, Critical Thinking, and Narratives" with Aaron Love
88.5K36 -
8:45:39
Tommy's Podcast
15 hours agoE559: Ground Branch
70.9K2