Adam Taggart's Thoughtful Money®

Adam Taggart's Thoughtful Money®

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Adam Taggart's Thoughtful Money®
Adam Taggart's Thoughtful Money®
Stocks Headed Lower, Say Key Indicators | Jesse Felder

Stocks Headed Lower, Say Key Indicators | Jesse Felder

It may be months before the bottom is in

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Adam Taggart
May 01, 2025
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Adam Taggart's Thoughtful Money®
Adam Taggart's Thoughtful Money®
Stocks Headed Lower, Say Key Indicators | Jesse Felder
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Wall Street is hoping that, once the current uncertainty and unpredictability of the Trump tariffs start dissipating as new trade deals get struck, things will get back to normal.

Today's guest thinks yesterday's "normal" may now be an artifact of history.

And that, like it or not, we've experienced "‘A Geopolitical And Economic Paradigm Shift’".

That means the future of investing may look quite different from the past.

To discuss, we welcome back to the program macro analyst Jesse Felder, founder & Editor of the respected market research firm: The Felder Report.

Among other concerns, Jesse notes that some of the best indicators of market bottoms haven't tripped yet.

They currently suggest lower stock prices likely still remain ahead.

To learn why, click here or on the video below:


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I’m so grateful to everyone who has kindly supported me by becoming a premium subscriber to this Substack. It’s making an important difference in helping me fund the substantial operating costs of running Thoughtful Money.

Premium supporters receive my “Adam’s Notes” summaries to the interviews I do, the wildly-popular MacroPass™ rotation of reports from esteemed experts, VIP discounts, plus periodic advance-viewing/exclusive content. My Adam’s Notes for this discussion with Jesse are available to them below.

If you, too, would like to become a premium subscriber to this Substack (it’s only $0.52/day), then sign up now below:


Adam’s Notes: Jesse Felder (recorded 4.29.25)

EXECUTIVE SUMMARY:

  • Geopolitical and Economic Paradigm Shift: Jesse Felder highlights a shift from globalization to de-globalization, driven by mercantilism and protectionism, threatening corporate profit margins and necessitating diversified investment strategies.

  • Trump’s Policies as Economic Shock: The administration’s tariffs and spending cuts aim to slow the economy, lower interest rates, and force Fed quantitative easing to renew tax cuts and avert a debt crisis, risking recession.

  • Recession and Bear Market Risks: Jesse estimates a >50% chance of recession by

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