Thoughtful Money with Adam Taggart

The jury is still out for many analysts on the outlook for economic growth, inflation and the labor market this year. Some see lots of reasons for concern for the road ahead. Others are much more convinced 2026 is going to be a blockbuster year. Which is more likely? To find out, we have the good fortune to talk today with Dr Anna Wong, Chief U.S. Economist for Bloomberg Economics. Prior to her cu...

REGISTER FOR THOUGHTFUL MONEY'S SPRING ONLINE CONFERENCE AT THE EARLY BIRD DISCOUNT PRICE at https://www.thoughtfulmoney.com/conferenceWhile the S&P has hit a new record high this year, it is having a difficult time rising back above 7,000.The technical action is weak, and the 20-Daily Moving Average is in danger of crossing below the 50-Daily Moving Average. Should that indeed happen, it...

Today's guest predicted -- years in advance -- the shift away from globalization towards nationalism by the world's major countries. With nationalist leaders rising to power over recent years, and the US officially declaring at Davos last month that "globalization has failed", what does he see coming next? To find out, let's ask the man himself. We're very fortunate to si...

REGISTER FOR THOUGHTFUL MONEY'S SPRING ONLINE CONFERENCE AT THE EARLY BIRD DISCOUNT PRICE at https://www.thoughtfulmoney.com/conferenceOn the surface, today’s payrolls report was a blockbuster upside surprise. And the unemployment rate fell (from 4.4% to 4.3%).But when looking at other recent data, like weakening retail spending and a surge in both credit card balances & consumer debt deli...

REGISTER FOR THOUGHTFUL MONEY'S SPRING ONLINE CONFERENCE AT THE EARLY BIRD DISCOUNT PRICE at https://www.thoughtfulmoney.com/conferenceToday's guest has long warned that the US and most other countries are hurdling into a global sovereign debt crisis. One that is increasingly forcing them to "Get busy inflating, or get busy dying"To get an update where things stand on his timelin...

WORRIED ABOUT THE MARKET? SCHEDULE YOUR FREE PORTFOLIO REVIEW with Thoughtful Money's endorsed financial advisors at https://www.thoughtfulmoney.comToday's guest has been predicting an oncoming boom in the commodity complex for a while now. And increasingly, it's starting to look like that boom is arriving. If so, how high will it go? And how long will it last? And where may the best o...

The market has been range-bound for months. Has it topped out and about to roll over, as we saw at the start of 2022?Or, is it consolidating and poised for a breakout higher soon? Portfolio manager Lance Roberts and I discuss the odds, as well as the likely rotation of capital back into Growth from Value, the sell-off in Bitcoin and its repercussions, the growing trouble in private credit, and Lan...

For years now, corporate stock prices have been growing substantially faster than their free cash flows. In theory, this shouldn't be sustainable. Will 2026 prove to be the year that the math starts to matter? Today's guest, Chance Finucane, Chief Investment Officer of high net worth advisory firm Oxbow Advisors, thinks it may be. REQUEST A FREE CONSULTATION WITH OXBOW at https://www.thoug...

We've all come to accept the US is now a K-shaped economy. The rich are at the top, living large off of their asset appreciation. And everyone else - the vast majority -- is in the bottom leg. Feeling increasingly left behind. But the rich have been spending so amply that they've kept the averages for retail spending -- which drives the majority of our GDP -- in "healthy" territo...

Today's guest has been warning for a good while now that the current bull market is stocks is approaching its end. In no small part because corporate insiders, who know the most about their companies' prospects, are selling their shares at record percentages. It's not all gloom for investors, though. He also predicts that commodities -- and the stocks of the companies that produce them...

Right now, the "giant mindless robot" of passive capital flows appears to be the most important macro trend in keeping stock prices rising. So many worry that a stalling -- or reversal -- of these passive flows is the #1 risk to markets. But today's guest, David Hay, founder & former CIO of Evergreen Gavekal, sees an even greater risk -- one that practically no one else is paying...

Stocks have been stuck in a compressing trading range for the past several months. And recently they've broken down below it. That development, plus a number of other headwinds weighing on the markets, suggests that stocks could experience a 'risk-off reset' soon, falling substantially lower. Portfolio manager Lance Roberts and I discuss the odds for this, as well as the recent Federal...

The recent price action in the precious metals, especially silver, has been nothing short of astounding. But they're no surprise to today's guest, who boldy predicted this violent upside breakout. Questions are now flying fast & furious:How much farther are prices likely to rise? Is a viscious pullback likely soon, similar to what the metals experiences after the spikes seen in 1980 an...

When today's guest was last on the program back in Oct, he predicted stocks would end 2025 at all-time highs. And he was right. But he indicated that he had growing concerns about 2026.So, is he still worried about the year ahead? Or has the situation changed? To find out, we're fortunate to welcome back to the program Mark Newton, Head of Technical Strategy at market research firm Fundstr...

Oil and gas stocks have largely been ignored by Wall Street for years now as the prices of oil and natural gas have largely remained weak. But the world still runs on fossil fuels. And global demand keeps rising each year. And in this industry, the cure for low prices tends to be low prices. So, when will this sector, famous for its boom and bust cyclical nature, rotate out of bust and back into b...

WORRIED ABOUT THE MARKET? SCHEDULE YOUR FREE PORTFOLIO REVIEW with Thoughtful Money's endorsed financial advisors at https://www.thoughtfulmoney.comToday's extremely high valuation levels for stocks hangs on future forecasted corporate earnings. We're about to start earnings season. What if guidance disappoints? If it does, how far could stocks drop? Portfolio manager Lance Roberts and...

Concerns about the weak consumer, the frozen jobs and housing markets, rising debt delinquencies, tariff-driven inflation, stubbornly high bond yields & geopolitical stresses cause many analysts to worry that the economy will slow materially this year. But others, especially those listening to the Trump Administration, are predicting the economy will boom in 2026 from all the AI capex spending...

Today we have the good fortune to speak with Milton Berg, founder and Chief Executive Officer of MB Advisors, a premier global macro research and consulting company, offering investment advice to the world's largest asset managers. Milton has just made his proprietary buy/sell model available to retail investors for the first time, and he’ll walk us through it today. While quite concerned abou...

As mentioned many times on this program, stocks entered the year trading at or near record-high valuation extremes. When stocks look richly valued like this, short-sellers take notice. Is it time to start shorting the market? To ifind out, today we have the good fortune of welcoming back to the program one of the best known short-sellers in the business, Carson Block, founder of Muddy Waters Resea...

Recently, capital has been flowing out of the big Tech hyperscaler growth stocks and into previously unloved sectors like value, consumer staples, and mid- to small-cap stocks. Is this just an aberration before the Mag 7 resume their dominance? Or, is a secular rotation underway? Your portfolio's destiny will be shaped by the true answer to this question. Michael and I discuss whether indeed a...

President Trump has pledged his support to the Iranian protestors fighting to overthrow the theocratic regime that has run their country for the past 40+ yearsDoes this risk the US getting into a war with Iran? To address, RANE's Mideast analyst Ryan Bohl joins us for this livestream where he'll provide his latest assessment of the situation and take live audience Q&A#iran #iranprotest...

BUY GOLD & SILVER at https://thoughtfulmoney.com/buygoldCommodities are booming, stocks are at record valuation levels, geopolitical surprises are happening weekly now, and the Administration is showing it will do ‘whatever it takes’ to goose the economy leading up to the midterm elections. Get ready for a wild ride in 2026.This was Stephanie Pomboy’s message in today’s livestream. Follow Step...

Change around the world, especially geopolitically, is accelerating as we enter 2026.Depending on your point of view, some of these changes are positive -- potentially historically great even. Some of them are much more concerning. Where is the world order headed from here? And more granularly, how are the economy and financial markets likely to perform in 2026?For insight, we're fortunate to...

Today we have the great fortune of having the return appearance of one of the most respected capital allocators in the business: Jan van EckJan is CEO of vanEck, an asset management firm with over $100 billion in assets under management invested across its wide family of ETFs and funds, spanning equity, bond, commodity, digital and regional asset classes. As we've done the past several quarter...

Given current market valuations and the prolonged bull run stocks have had over the past three years, investors should expect at least two corrections of at least 5-10% in 2026 warns portfolio manager Lance Roberts. But it could easily play out much worse than that, he adds. Lance and I talk about the likely odds, as well as the latest jobs data, GDP growth outlook, retail sales, the potential imp...