Mar 14, 2023
Summary:
Is there a financial crash in our future? Michael Markowski has
predicted all three major crashes since 2007, and appears in this
episode to tell us why we’re on the road to another. He makes a
couple of significant predictions: a 69% decline from the peak to
the trough for the S&P 500 and a third US Great Depression that
will set in by the end of the year. Michael describes some of the
ways in which the S&P 500 can go down by a minimum of 45%
(which is required for a depression to occur) and that this decline
can be anticipated by understanding investor psychology. Secular
markets in particular condition investors to be either fearful or
greedy, shifting attitudes towards risk. Michael discusses his
company, AlphaTack, and their algorithm-backed strategies that
introduce investors to hedge funds with the goal of “growing assets
against the wind.” He explains how they integrate in-depth research
and market data to provide solutions to investors, and names some
sectors and allocation targets they’re working with. Tune in to
this episode for expert insight on the crash, and tips on how to
prepare.
Useful Links:
Financial Survival Network
AlphaTack
Link to Michael Markowski's presentation slides