When Uncertainty Strikes: Finding Opportunities in Volatile Markets
Peak Prosperity
Chris Martenson
4.7 • 591 Ratings
🗓️ 26 January 2024
⏱️ 47 minutes
🧾️ Download transcript
Summary
In our talk today, Paul and I discuss the fascinating yet alarming surge in market valuations, a trend unseen since the seven weeks of 1929. We delve into John Hussman’s recent market commentary and how these high valuations contrast with the longest anticipated, yet unrealized, recession.
Transcript
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| 0:00.0 | You just gotta have patience, you gotta have a strategy, you gotta work, surround yourself with people who are willing to argue and challenge your way of view so that with that fear and trembling we find the right path. land. Hello, everyone, and welcome to another edition of Financial University. |
| 0:31.2 | I am Chris Martinson of peak financial investing, also of peak prosperity, here today |
| 0:35.7 | again with Paul Kiker of Kiker Wealth Management. Paul, |
| 0:38.8 | good to be back with you. Good to see you, Chris. Good to see you again. Yeah, I was out of |
| 0:47.1 | country last week, you know, down in Panama taking a quick peek at, well, the canal, but also the migration |
| 0:53.6 | thing up close and personal. |
| 0:55.8 | Between, just between us, super frustrating trip because I was this far away from some of the |
| 1:00.2 | world's best fishing. |
| 1:02.7 | And I can't. |
| 1:03.3 | And you didn't get to go. |
| 1:04.5 | I could. |
| 1:05.1 | No, no, both on the ocean side, but we're up in this thing called Lake Gatong, which is this |
| 1:10.1 | dammed lake, which is, forms a big portion of the Panama Canal, and they'd killed all these |
| 1:16.0 | trees. |
| 1:16.4 | So we literally, for an hour, drove past tree stumps with lily pads. |
| 1:21.6 | It was bass fishing. |
| 1:22.6 | I've never seen so much bass territory in my life. |
| 1:25.6 | And there wasn't one other person out there fishing. So I was like, oh, it's like a naive fishing environment. You know what I'm saying? Yeah. And that's a peacock bass territory, isn't it? Yeah. Yeah, they got some crazy things in there. I've heard they are legendary to catch. I've never called a peacock bass before. |
| 1:45.6 | Me neither. Me neither. So I was thinking of you. I was like, oh, we're coming back, you know? |
| 1:49.9 | I would love it. Absolutely. So, uh, markets. Markets keep going up and up and up and up. I think we're |
| 1:57.5 | continuing the pattern. I saw start on October 30th of 2023 twenty three something happened a lot of money came into the market it's still |
| 2:03.5 | there |
... |
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