I have been reading David’s view for last two years and he predicted 3000 on S&p,10 on crude oil , 1800 on Gold and massive rally in miners in 2018 .He also predicted 0.5% on US 10 year more than a year back.
Below are his latest views
Tom welcomes back experienced investment professional David Hunter of Contrarian Macro Advisors to the show. David shares some of his controversial contrarian views on where the markets are heading. He often receives criticism from investors for his differing views.
David expects a rebound this summer and fall followed by another pull-back in the market. The market should rally for a few more years due to massive money printing by the Fed and central banks.
His long term views hold for vastly higher gold, silver and oil prices as inflation takes hold in a few years. This inflation will result in an eventual global deflationary bust, which will come with the biggest bear market since 1929.
Time Stamp References:
1:10 – Recent events review.
4:15 – Melt-up explanation.
6:20 – Outlook for Markets.
10:30 – Economic Lag Time.
13:50 – Second collapse predictions.
17:00 – Eventual global deflationary bust.
21:30 – What will drive the current recovery.
23:47 – Expectations for the US dollar.
26:30 – Service debts at zero percent interest.
28:15 – Money printing and the Fed.
34:40 – Bullish case for gold, silver, mining stocks.
39:45 – Timeline for his predictions.
44:25 – Bond market thoughts.
Talking Points From This Episode
• He expected a correction but not this extreme.
• Expects a melt-up rebound in stocks and then a pullback.
• This downturn and recession are likely to last 18 months.
• Expecting a manufacturing-driven recovery, not a consumer.
• Global deflationary bust coming by the end of the decade.
David is Chief Macro Strategist with Contrarian Macro Advisors. He is an investment professional with 25 years of investment management experience and 18 years as a sell-side strategist with strong expertise in macroeconomic analysis and portfolio management. His strong macro capabilities, combined with a contrarian philosophy, have allowed him to forecast economic cycles and spot market trends well ahead of the consensus. Intellectually honest, independent thinker comfortable with charting a course apart from the crowd. Accomplished stock picker and value-oriented portfolio manager.