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December 6, 2019 | Can Wall Street Party While Main Street Collapses?

Bob Hoye has been in investment business for some 50 years, making him one of the more experienced researchers. His historical work has been thorough providing the first recognition of the fascinating transition from speculation in commodities to speculation in financial assets. It was controversial when Bob observed that “No matter how much the Fed prints, stocks will outperform commodities”. In January 2000, the research team concluded that the Dot-Com Bubble would peak in March 2000. In early 2007, the team outlined that the credit markets would reverse in May-June 2007. They did and the stock market followed. The latest was the call in early October for the Bitcoin Bubble to complete in December. Bob’s essays and speeches on political change and on actual climate change have been widely circulated.

Can Central Banks prevent recessions?

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Archives December 6th, 2019

Posted In: HoweStreet.com Radio

2 Comments

  • Avatar Cecil says:

    Question for Bob Hoye:

    I know you are predicting an impeding top and correction soon in the stock markets. How does that play with historical market behavior in the final year of a Presidential term. Clearly there are many who would love to see a major market correction if it would hurt Trump’s election chances.

    What does history say vs current price action and economic conditions at the end of 2019?

    And given your concerns– would you be in the stock market at all right now???

    Many Thanks.

    Cecil

  • Avatar Kate says:

    A question for Bob. Let’s assume that the equity markets peak in January 2020 and the bear market begins. I understand that gold would be a safe haven alongside the US dollar. However, as demonstrated in 2008, the gold mining shares initially collapsed alongside the equity markets as investors needed to raise cash but, unlike the overall equity markets, did recover quickly in 2009. Bob, will this happen again?
    A second question. Many silver bugs predict that silver can go to $500/oz. and will follow the bitcoin trajectory. Will silver be the “new” bitcoin?

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