Expect A Market Correction By September | Brent Johnson
His indicators are flashing "caution"
The dollar has weakened considerably so far this year.
Amidst the new US Adminstration's hardball trade tactics, critics claim that foreigners are ramping up their de-dollarization efforts, buying less US debt, and that the days of the dollar as the dominant world reserve currency are ending.
How much truth, if any, underlies this?
For answers, we're fortunate to welcome back to the program Brent Johnson, CEO & Portfolio Manager at Santiago Capital, developer of the Dollar Milkshake Theory.
Brent thinks the dollar has become quite oversold, so don't be surprised to see it rally.
Also, he thinks it's more likely than not that a stock market correction will happen by the end of September.
To learn the details why, click here or on the video below:
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Adam’s Notes: Brent Johnson (recorded 8.13.25)
EXECUTIVE SUMMARY:
Anticipated Market Correction: Brent Johnson believes a meaningful market correction is likely by the end of September. He clarifies this isn't a prediction of a 2008-style crisis or a Great Depression, but rather a necessary "resetting of expectations" because markets are currently "stretched" and don't move in a straight line.
Dollar's Outlook: Johnson sees the U.S. dollar as currently oversold and believes the "table is set" for an unexpected rally. He explains that a rising dollar, unlike a falling one, typically causes problems in global financial markets because it signals a contraction in credit and a decrease in global liquidity.
Potential Catalysts: The expected coming market volatility is attributed to a combination of factors, including:
