Thoughtful Money with Adam Taggart cover image

Thoughtful Money with Adam Taggart

Ted Oakley: "Worst Part" For Stocks Lies Ahead In 1st Half Of 2024

Nov 26, 2023
Ted Oakley, financial advisor with over 40 years experience, predicts the worst part of the bear market will occur in 1st half of 2024. They discuss the impact of stimulus and low interest rates, private debt market troubles, Warren Buffett's investment strategy, potential mega trends for the 2030s, outlook on stocks and concerns about debt, portfolio positioning and investment strategy, and the relationship between wealth and happiness.
01:05:21

Episode guests

Podcast summary created with Snipd AI

Quick takeaways

  • Financial advisor Ted Oakley predicts the worst part of the bear market will occur in the first two quarters of 2024.
  • Oakley warns of potential market weakness and economic troubles ahead, particularly for equities.

Deep dives

Assessment of the Global Economy and Financial Markets

According to financial advisor Ted Oakley, the global economy is facing challenges due to the excessive amount of money in the system in 2021. The expected downturn was delayed, but Oakley predicts that the difficult times will be felt in the first and second quarters of 2024. He disagrees with the notion that the consumer remains strong, highlighting various indicators that suggest worsening conditions. Oakley foresees potential market weakness and economic troubles ahead, particularly for equities.

Get the Snipd
podcast app

Unlock the knowledge in podcasts with the podcast player of the future.
App store bannerPlay store banner

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode

Save any
moment

Hear something you like? Tap your headphones to save it with AI-generated key takeaways

Share
& Export

Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode