S&P 500 6000 | Bitcoin Strategic Reserve? | Why Bond Yields May Go Higher | Fed Rate Cuts Near All-Time Highs Bullish?
By Derek Moore
Show Summary:
Derek Moore and Jay Pestrichelli decide who got the S&P 500 Index 6000 prediction right. Then they talk about Bitcoin running to new highs and some theories about a Bitcoin strategic reserve now that Trump is the President Elect. Later, they review some data pointing to bond yields remaining high (or going higher). Then discussing how investment banks S&P targets rise to follow the markets. All that plus a listener email.
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Topics Include:
- Small Cap fund flows into IWM
- TLT ETF bond flows
- Bitcoin makes new highs and ETF fund flows surge
- Hussman 12-year forward estimate nonfinancial market cap divided by gross value-added
- Goldman Sachs 12-month S&P Price Target
- Markets 12-month forward performance after Fed cuts rates near all-time highs
- 10-Year Treasury Yield vs. Nominal GDP Growth
- Trump to stockpile Bitcoin in a strategic reserve?
- VIX and implied volatility collapse post-election
- Jay and Derek discuss who correctly called S&P 500 6000 by the end of the year
Charts Discussed in This Episode
Source: Ryan Detrick Carson Investment Research
Source: 3Fourteen Research Warren Pies
Source: Hussman Strategic Advisors
Source< Goldman Sachs Global Investment Research
Mentioned in this Episode
Trump – Stockpile Bitcoin in strategic reserve
Podcast where Jay and Derek predicted S&P 500 6000 back in mid June
Jay Pestrichelli’s book Buy and Hedge
Derek’s new book on public speaking Effortless Public Speaking
Derek Moore’s book Broken Pie Chart
Contact Derek derek.moore@zegainvestments.com
Last Week’s Episode:
Unemployment Bad News? | Markets After Elections | Earnings Beats | Trump vs. Harris Election Analysis
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