Ride The Bubble Or Seek Safety? | Peter St Onge
This is today's investor's dilemma...
Suddenly signs of systemic stress are cropping up all around us.
In the public debt markets, credit spreads are on the rise after years of dormancy.
In the private credit markets, defaults and counter party risk concerns have moved to the forefront.
Volatility has returned to the stock market as doubts of AI spending sustainability mount.
And worldwide, suspicions of fiat currency debasement are going mainstream.
Where is all this headed?
To discuss, we’re fortunate to welcome macro, markets and monetary analyst Peter St Onge to the program and learn how he’s positioned currently.
To hear it, click here or on the video below:
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Adam’s Notes: Peter St. Onge (recorded 11.19.25)
EXECUTIVE SUMMARY:
Peter St Onge is unusually optimistic on the U.S. economy for the next 2–4 years, calling it “mid-cycle” thanks to Fed easing, the end of QT, and a potential $7–8 trillion flood of foreign investment tied to Trump’s trade deals.
Markets, however, are in a clear late-stage bubble (especially AI), but bubbles historically last 5–6 years and end on liquidity withdrawal, not valuation — so Peter is
