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Bloor Street Capital | Jimmy Connor Growing and Protecting My Wealth

Both S&P and Nasdaq Are Done | Michael Oliver and Jimmy Connor

Mar 13, 2025
Michael Oliver, a market expert from Momentum Structural Analysis, predicts significant downturns for both the S&P and Nasdaq, suggesting a loss of up to 50% in the next few years. He discusses the interconnected vulnerabilities in the tech sector, notably NVIDIA, and highlights gold as a safe haven investment gaining traction during stock volatility. Oliver also speculates on potential economic shifts related to taxation and the impact of the Fed's actions, all while raising concerns over an impending bear market.
46:54

Episode guests

Podcast summary created with Snipd AI

Quick takeaways

  • Both the S&P and Nasdaq are expected to enter a bear market lasting two to three years, with potential declines of 50% and more.
  • Investors should consider reallocating to gold and other commodities as safe havens against anticipated market instability and downturns.

Deep dives

Market Overview and Bearish Sentiment

The S&P and NASDAQ have both reached significant peaks, indicating a potential onset of a bear market. Historical analysis of market trends suggests that bear markets typically last two to three years, pointing towards a prolonged decline potentially resulting in a 50% drop in the S&P. Unlike previous market corrections that may have shown swift recoveries, the current sentiment predicts a series of contended rallies followed by further declines, with Michael suggesting that any bounces should be viewed as opportunities to sell. This structural break in momentum, particularly in key indices, marks a markedly different trajectory compared to earlier market recoveries.

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