#082 David Hunter On Melt Up In Stocks, Global Bust, And Gold $20,000 Forecast
The Julia La Roche Show - A podcast by Julia La Roche

Categories:
David Hunter (@DaveHcontrarian), Chief Macro Strategist at Contrarian Macro Advisors, joins Julia La Roche on episode 83 to discuss his forecast for the market and economy. Hunter, who’s been in markets for 50 years, is calling for the end of a 41-year bull market. He expects the market will continue to melt up, forecasting the S&P peak at 6,000 to 7,000 before a global bust. He’s also bullish on gold, calling for $3,000 by the end of the year. He also made a case for why gold could soar to $20,000 in the decade's second half. 0:00 Intro 0:40 Becoming a contrarian 2:40 Macro view 5:18 Stock market is one of the best leading indicators 8:40 What is the market forecasting? 11:22 Another melt up in the market 16:39 Calling for the end of a 41-year bull market 18:24 Economic and market cycles 20:17 Global bust forecast for 2024 23:05 Forecasting S&P peaking at 6,000-7,000, before 80% drop 29:00 Deflation 34:30 Bullish gold, calling for gold $3,000 this year, $20,000 second half of the decade 41:00 Outlook for the U.S. Dollar 44:00 Treasuries 47:00 The debt is ‘a giant Ponzi scheme’ 49:20 Challenge to the thesis 52:30 Parting thoughts