The Market Is Priced For A Fairy-Tale Economy | Jesse Felder
But stagflation is much more likely
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:
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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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