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Timestamps:
(00:00) Introduction
(00:41) Jason Is "Neutral" On Stocks
(03:14) If Stocks Don't Rally On A Lower-Than-Expected PCE Number, There's Trouble
(06:30) Copper Has Become "The Favorite Trade On The Planet"
(13:00) Central Banks Have Painted Themselves Into A Corner
(20:50) "I Would Not Be Super Aggressive Here"
(22:37) VanEck Ad
(23:17) Jack's Push-Back Against "The Endgame" Take
(26:31) Trading Off A Macro View Is Dangerous As Hell
(27:37) Nvidia: The Mag One
(36:49) Bond Market Positioning
(41:10) U.S. Government Is Running A Pro-Cyclical Fiscal Deficit
(43:50) Jason Doesn't Trade On His Macro View Of Money-Printing Endgame, In The Same Way That A Profitable Sportsbetter From New York Doesn't Bet On The Knicks
(44:56) Barron's Roundtable Portfolio Is Up 2% This Year (Compared to 12% S&P 500)
(51:31) Jason's View Of Market Breadth
(56:49) Jason Is "Not A Big Believer In Chinese Stocks"
(01:06:15) Babyish Sentiment (People Freaking Out About Stock Market Being 5% Off Its Highs) Is Probably A Bullish Sign Argues Jason
(01:09:06) On A Short-Term Basis Jason Prefers Bonds To Stocks. What Would Have To Happen For That To Change?
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Disclaimer: Nothing discussed on Forward Guidance should be considered as investment advice. Please always do your own research & speak to a financial advisor before thinking about, thinking about putting your money into these crazy markets.
