A Needed Dose of Reality in a Sea of Pessimism with Marc Chaikin

Stansberry Investor Hour

Stansberry Research

America, How, To, Crash, Money, Learn, Stansberry, Income, Research, Debt, Stocks, Porter, Business, Realestate, Banking, Investment, American, Investing, Invest, Howtosave, Sjuggerud, Ferris, Eifrig, Jubilee, Buck, Sexton, Market, Bonds, Churchouse, Savings, Options, Lashmet

4.4 • 677 Ratings

🗓️ 13 November 2023

⏱️ 63 minutes

🔗️ Recording | iTunes | RSS

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Summary

On this week's Stansberry Investor Hour, Dan and Corey are joined by Marc Chaikin. After 50 years working on Wall Street, Marc founded our corporate affiliate – Chaikin Analytics – to guide everyday investors. Marc starts by describing how his Power Gauge helps investors identify stocks, excel in timing investments, and most importantly, prevent portfolio losses. "No matter how good your fundamental research is or quant model [is], if the market doesn't agree with you, guess who wins? The market always wins; you're investing in what I call "dead money," he states.

Then, Marc explores 2023 being a difficult year for bearish investors, the likelihood of a recession, and how artificial intelligence ("AI") has led to unprecedented productivity enhancements. "That's where this whole convergence of technology, data, and machine learning
comes in. I think it's going to unleash unbelievable advances in medicine, data analytics for retail, and self-driving cars eventually," he asserts.

Finally, Marc shares his thoughts on today's market, including the "Magnificent Seven" stocks, the U.S. national debt, the real estate sector, and 10-year Treasury yields. He explains that he and many other leading investors are bullish on stocks, but the media prefers doom-and-gloom headlines for clicks. "They just don't want to put optimists on TV because it's not controversial," he concludes.

Transcript

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0:00.0	Hello and welcome to the Stansberry Investor Hour.
0:05.0	I'm Dan Ferris. I'm the editor of Extreme Value and the Ferris Report, both published by Stansberry Research.
0:12.0	And I'm Corey McLaughlin, editor of the Stansberry Daily Digest.
0:16.0	Today we interview Chaken Analytics founder Mark Chakin.
0:20.0	And today, Corey and I will talk about a zany
0:22.8	cast of characters, including Jerome Powell, Adam Newman, maybe Sam Bankman-Fried. Anybody else we can think of?
0:33.1	And remember, if you want to ask us a question or tell us what's on your mind, email us at
0:37.3	Feedback at InvestorHour. dot com that and more right now on the standsberry investor hour
0:43.4	a zany cast of characters who do you like first i kind of like adam newman but j pal is he came up big you know recently so
0:58.1	yeah that's quite the crew um let's go adam newman for a hundred dan adam duman because we talk
1:05.9	about jerome powell all the time we really do um we will again today, I suppose, but Adam Newman is a little more timely,
1:13.4	right? Just a little, yeah. So for anybody who doesn't know, Adam Newman is the co-founder and the former
1:21.1	CEO and chairman of WeWork, the co-working company that leases office buildings for 10 or 20 years and then, you know, rents the
1:31.0	space out to tenants, you know, as few as like one tenant, you know, could rent a desk in these
1:36.5	things. It's called co-working. But for like as little as a month. So, you know, they are
1:42.8	taking on the long exposure and trying to make a business
1:48.9	on the short end of that. And they declared bankruptcy last week, as we thought they would.
1:54.6	And I had written about this previously that there was, there were murmurings in the press
1:58.7	that said they were preparing a bankruptcy filing
2:00.9	probably about you know a couple years after they should have anyway and they finally did it
2:07.9	they finally did it none of us are shocked are we no i was surprised they hadn't gone bankrupt before
2:14.1	so i've been ready and we talked about last week, you know, maybe this is a little
	...

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