Adam Taggart's Thoughtful Money®

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The Market Is Priced For A Fairy-Tale Economy | Jesse Felder

The Market Is Priced For A Fairy-Tale Economy | Jesse Felder

But stagflation is much more likely

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Adam Taggart
Apr 09, 2024
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Adam Taggart's Thoughtful Money®
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The Market Is Priced For A Fairy-Tale Economy | Jesse Felder
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Today's guest expert is concerned that too many investors, giddy with the ferocious market gains since November, are increasingly willing to pay prices for assets that only make sense if the pace of gains continues into the far future.

This is called "extrapolating the unsustainable" and is a hallmark of late stage price melt-ups.

Historically, this behavior has not ended well for those engaging in it.

Will it prove different this time?

To find out, as well as hear his outlook for markets, we're fortunate to speak today with Jesse Felder, founder & Editor of the respected market research firm: The Felder Report.

Jesse warns that while the market is currently priced for a Goldilocks economy, stagflation is much more likely.

To understand why, click here or on the image below:


I’m so grateful to everyone who has made their way to Thoughtful Money, especially those of you who have kindly supported me by becoming a premium subscriber to this new Substack. It’s making an important difference in helping me afford the substantial startup costs of birthing this new venture.

Premium supporters will receive my “Adam’s Notes” summaries to interviews going forward (yes, they’re back!), plus periodic advance-viewing and/or exclusive content not made available to the public.

My Adam’s Notes for this discussion with Jesse are available to them below.

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Adam’s Notes: Jesse Felder (recorded 4.2.24)

Executive Summary:

  • Jesse warns against the dangers of assuming current unsustainable market trends will continue far into the future, highlighting that this is a classic hallmark of late-stage price melt-ups.

  • In assessing the global economy and financial markets, Jesse predicts

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