Thoughtful Money with Adam Taggart

As we head into a new year, there are a lot of questions swirling about money: Will the dollar's strength vs other world currencies continue into 2025? And even if so, will it continue to lose purchasing power vs real things? Will gold continue to be aggressively purchased by the world's central banks? By investors? Is Bitcoin "winning" the store of value war? To discuss all these and more, we're fortunate to welcome back to the program Brent Johnson, CEO & Portfolio Manager at Santiago Capital, and developer of the Dollar Milkshake Theory. Brent is "extra cautious" right now given Wall Street's exuberance. At these high levels of euphoria, he fears the 2025 market could look a lot like 2022 rough year. WORRIED ABOUT THE MARKET? SCHEDULE YOUR FREE PORTFOLIO REVIEW with Thoughtful Money's endorsed financial advisors at https://www.thoughtfulmoney.com --- Support this podcast: https://podcasters.spotify.com/pod/show/thoughtful-money/support

Stocks are currently at record levels of euphoria as measured by the Euphoriaometer (yes, such a thing exists!) While he still expects a Santa Claus rally into year end, between now and then, portfolio manager Lance Roberts thinks there's good probability of a short-term pullback. We discuss the reasons for that, as well as current technical indicators for the S&P, market sentiment, the latest Payrolls data, the risk of a much larger market correction in 2025, as well as Lance's latest trades. For everything that mattered to markets this week, watch this Market Recap. WORRIED ABOUT THE MARKET? SCHEDULE YOUR FREE PORTFOLIO REVIEW with Thoughtful Money's endorsed financial advisors at https://www.thoughtfulmoney.com #bullmarket #marketcorrection #jobsreport --- Support this podcast: https://podcasters.spotify.com/pod/show/thoughtful-money/support

Stocks are on track to end 2024 on a high note. The S&P is up roughly 27% so far, hitting new record highs all throughout the year. Will the party continue into the New Year? Or will 2025 be a less enjoyable one for investors? To find out, we're fortunate today to talk with money manager Michael Pento. president of Pento Portfolio Strategies. He maintains a 20-point model that guides his portfolio allocation, and today we'll hear what it's advising him to do right now. WORRIED ABOUT THE MARKET? SCHEDULE YOUR FREE PORTFOLIO REVIEW with Thoughtful Money's endorsed financial advisors at https://www.thoughtfulmoney.com --- Support this podcast: https://podcasters.spotify.com/pod/show/thoughtful-money/support

Asset prices bubbles follow a predictable trajectory, driven by investor psychology. The final stage before the bursting is a Euphoric peak. The financial advisors at New Harbor Financial think we're on our way to such a blow-off top, but we're not quite there yet. They expect the action to get even more manic before we do. If Euphoria indeed arrives, prices will likely zoom to highs that just seem silly right now. Prepare yourself for this: you will not believe what your eyes are telling you. But also prepare for this peak to be very short-lived. Be very cautious about getting sucked in, because the gains will likely evaporate quickly once the downcycle begins. This is why bubbles are so destructive to so many people -- especially those who go "all in" at the top. WORRIED ABOUT THE MARKET? SCHEDULE YOUR FREE PORTFOLIO REVIEW with Thoughtful Money's endorsed financial advisors at https://www.thoughtfulmoney.com #bullmarket #stockcrash #bubble --- Support this podcast: https://podcasters.spotify.com/pod/show/thoughtful-money/support