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The stock market playbook - the sun is out, but get ready for winter

The Dr Boyce Breakdown
The Dr Boyce Breakdown
Episode • Sep 9, 2022 • 13m

Today I spoke on my podcast about the stock market's recent rise and what lies beneath the surface.  Today and yesterday presented massive market movements that put a lot of green in our portfolios.  However, there are two key issues at play that should leave investors concerned: 

1) Corporate earnings are expected to decline.  Yes, we are heading toward a recession and yes, companies are expected to start releasing bad news within a quarter or two.  Some believe this could lead to an even stronger market correction and decline in stock prices. 

2) The fed is going to keep tightening, which is more serious than you think.  The federal reserve has pumped trillions into the economy that shouldn't be there, and as they drain the swamp, you're going to have to watch a lot of companies die.  This could lead to the bursting of the "super bubble" mentioned by economic Jeremy Grantham.  Is he right?  Maybe not.  But be careful just in case. 

I also mention my stock pick of the week at the end of the episode, which you can watch here.  You can also learn more about investing, ask me questions directly and join us in class by visiting DrBoycePrime.com. 

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