
The Grant Williams Podcast
The Grant Williams Podcast Ep. 73 - Michael Oliver 2023
Episode guests
Podcast summary created with Snipd AI
Quick takeaways
- Momentum analysis reveals the significance of following momentum rather than solely focusing on price when assessing asset classes and markets.
- Michael Oliver anticipates further corrections and market fluctuations in 2024, highlighting potential challenges and opportunities for investors.
Deep dives
The Importance of Following Momentum
Michael Oliver's work on momentum analysis reveals the significance of following momentum rather than solely focusing on price when assessing asset classes and markets. By examining the world through a momentum lens, a different and sometimes challenging picture emerges. The analysis takes into account long-term trend momentum measured against moving averages, providing a visual representation of reality that may differ from price charts. Michael's work emphasizes the unwinding of errors made during a 12-year stock market bubble, fueled by monetary inflation and near-zero interest rates. As false assumptions unravel, the market faces significant corrections and disruptions, with the effects being felt on both individual and institutional levels.