A Mini-Depression Is On The Horizon

person using MacBook Pro on table Image Source: Stocks had a massive pullback this week following the FOMC’s decision to cut rates by 25 basis points. The Dow Jones extended a 10-day losing streak, the longest since the 70s.Video Length: 00:40:46Key topics and questions David and I talked about include:

0:00 – Market recap

0:50 – Bitcoin: Where do I see the trend for Bitcoin going now that it has reached $108k? Being that it’s been over a decade since my last position, what indicators did I base my recent Bitcoin trade on?

11:50 – Stock market outlook: Is the sell-off after the Fed news earlier in the week just the tip of the iceberg? Or is the bull just trying to buck off the nervous investors before rocketing higher?

20:33 – Dow Jones’ losing streak: On a magnitude of time scale, what are my thoughts about the Dow’s longest losing streak since 1978?

22:48 – Energy stocks: Why am I bearish on energy stocks? The risk of holding dividend-paying stocks.

27:38 – 35%-55% pullback in S&P 500: What could a potential pullback in January look like? What assets could become safe havens?

30:20 – USD: How do I think the USD will perform in the coming year? Is there a downside to a high USD?

33:25 – Gold: Do I think gold will do well in 2025?

35:00 – CAD: What are my thoughts on the Canadian dollar?

37:33 – Peak maximum risk: Is there any sector that traders with more of an appetite for risk to look into?