The Bull Case For Stocks

by Adam Taggart

In the wake of our recent amazing interviews with greats like Jim Rogers, James Grant, Ben Hunt and David Stockman — all of whom express great concern that today’s elevated market prices may undergo a sudden and violent correction — many of you have asked us to bring on a expert to challenge that point of view.

Which we are more than happy to do. To avoid the echo chamber risk, it’s essential to understand the positions of those who draw different interpretations as we do from the same data.

So, what’s the bull case for the markets from here?

Longtime successful hedge fund manager Glen Kacher, CIO and founder of Light Street Capital, courageously accepted our invitation to make the argument for higher stock prices ahead.

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While he shares some of the Peak Prosperity audience’s concerns about excessive valuation multiples, the long -term risks of Federal Reserve intervention, and rising social inequity, Glen still sees a preponderance of factors keeping the environment beneficial for numerous sectors — particularly his fund’s main focus, Technology.

On the other side of the argument, our recommended advisors at New Harbor Financial remain skeptical that markets can continue rising higher for much longer.

They remind us that we are seeing many of the same conditions that have presaged substantial, sustained corrections in the past:

So whether you agree with the bull outlook or not, now is the time to partner with a financial advisor who understands the risks in play, can craft an appropriate portfolio strategy for you given your needs, and apply sound risk management protection where appropriate:

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Anyone interested in scheduling a free consultation and portfolio review with Mike Preston and John Llodra and their team at New Harbor Financial can do so by clicking here.

And if you’re one of the many readers brand new to Peak Prosperity over the past few months, we strongly urge you get your financial situation in order in parallel with your ongoing physical coronavirus preparations.

We recommend you do so in partnership with a professional financial advisor who understands the macro risks to the market that we discuss on this website. If you’ve already got one, great.

But if not, consider talking to the team at New Harbor. We’ve set up this ‘free consultation’ relationship with them to help folks exactly like you.