Stocks To "Get Hammered" Soon | David Brady

He expects the market to fall 25%, recover before the election, then "drop precipitously"

In Q1, investors could do no wrong.

Making money was easy, as almost every asset class rose to new highs as markets anticipated coming interest rate cuts from the Fed.

But here at the start of Q2, things are starting to feel a lot less safe.

Suddenly stock prices are plateauing, and services inflation plus a swiftly rising oil price are quickly dashing hopes of rate cuts anytime soon.

Will the markets offer a bumpier ride from here?

To find out, we have the good fortune to talk today with David Brady, money manager, former FX trader, and author of one of the most popular investing publications on Substack, the FIPEST Report.

David has a pretty grim outlook for the stock market. He expects stocks to fall 20-30% soon, recover before the election as the Federal Reserve returns to QE, and then, once the election is over, "drop precipitously".

To learn why, as well as learn which asset he thinks will do very well this year, click here or on the image below:

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Adam’s Notes: David Brady (recorded 4.4.24)

Executive Summary:

• David's challenges the optimism expressed by Federal Reserve Chair Jerome Powell towards the economy, citing signs such as increasing bankruptcies, auto loan defaults, and falling housing prices as indicators of a stressed and weakening system.

• He forecasts a significant stock market correction of 20-30% in the S&P 500 soon, possibly reaching