Nov 13, 2023
On this week's Stansberry Investor Hour, Dan and Corey are joined by Marc Chaikin. After 50 years working on Wall Street, Marc founded our corporate affiliate – Chaikin Analytics – to guide everyday investors. Marc starts by describing how his Power Gauge helps investors identify stocks, excel in timing investments, and most importantly, prevent portfolio losses. "No matter how good your fundamental research is or quant model [is], if the market doesn't agree with you, guess who wins? The market always wins; you're investing in what I call "dead money," he states.
Then, Marc explores 2023 being a difficult year for bearish
investors, the likelihood of a recession, and how artificial
intelligence ("AI") has led to unprecedented productivity
enhancements. "That's where this whole convergence of technology,
data, and machine learning
comes in. I think it's going to unleash unbelievable advances in
medicine, data analytics for retail, and self-driving cars
eventually," he asserts.
Finally, Marc shares his thoughts on today's market, including the "Magnificent Seven" stocks, the U.S. national debt, the real estate sector, and 10-year Treasury yields. He explains that he and many other leading investors are bullish on stocks, but the media prefers doom-and-gloom headlines for clicks. "They just don't want to put optimists on TV because it's not controversial," he concludes.