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Here is your host, Dan Ferris.

Hello and welcome to the Stansberry Investor Hour. I'm your host, Dan Ferris. I'm also the

editor of Extreme Value published by Stansberry Research. Well, dear listener of mine,

this is it, our last episode of 2019.

And what a year it's been.

You know, the stock market up like 27% or so here.

Still 12 trillion of negative yielding bonds in the world.

U.S. House of Representatives is trying to impeach the president. It would only be the

third time in our history. And, I mean, it's been a little crazy, $120,000 bananas. I mean,

this guy that we talked about last time who's saying, buy, buy it all, buy it. There's no such

thing as risk in stocks. It's getting a

little weird. Great year in stocks, a little weird overall. Now, it would be sort of typical to do a

look back at 2019, right? The typical thing. I don't want to take the typical look back at the markets.

Anybody can look back at what happened

in various price movements and markets and make up a reason why and tell you what it means.

But, you know, it's all it's all backward looking. We know where we are. I mean, I've certainly

talked about it to death. You know, and it's a kind of a typical, mostly useless sort of an exercise, although there are a few sort of annual looks back that are kind of valuable to me.

One is by a guy named Dave Collum, who you can find on Twitter at Dave B column, C-O-L-L-U-M.

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