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$752.101d -1.3%5d -1.7%settled close · 2026-11-02
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Mkt cap $744B (11/2)β 1.0052w $634–779Shares 989.8MNYSE Arca since 1993
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Who’s talking about SPY
373 long42 neutral336 shortlatest 2026-10-27
| Date | Voice | Stance | Venue | Thesis |
|---|---|---|---|---|
| 2026-10-27 | Nancy TenglerCEO & CIO, Laffer Tengler Investments | Bullish | Fox Business (uncut) | Companies are directly reporting AI-driven productivity gains and cost reductions, and margins are at… |
| 2026-10-27 | Nancy TenglerCEO & CIO, Laffer Tengler Investments | Bullish | Fox Business (uncut) | Companies are confirming AI adoption is improving productivity, lowering costs, and opening new product… |
| 2026-10-27 | Elizabeth Burden | Neutral | CNBC (uncut) | Equities warrant a measured stance because AI accounts for roughly half of the index's year-to-date gain… |
| 2026-10-27 | Eddie GhabourCo-founder & CEO, Key Advisors Wealth Management | Bullish | Fox Business (uncut) | The bull market should continue until the Fed raises rates because holding steady would avoid tightening into… |
| 2026-10-27 | Frank Bisignano | Bullish | Fox Business (uncut) | Parents should claim and fund Trump accounts because S&P 500 index investments give children an early start… |
| 2026-10-26 | Stephanie Link (Hightower)Chief Investment Strategist, Hightower | Bullish | CNBC (uncut) | Post-election seasonal tailwind, market broadening to seven sectors up 6%-plus, earnings running 38% YoY, and… |
| 2026-10-26 | Max KettnerChief multi-asset strategist, HSBC | Neutral | Bloomberg TV (uncut) | Hyperscaler earnings create a no-win narrative — cutting capex signals peak cycle (bad for tech)… |
| 2026-10-26 | Chris HarveyHead of US equity strategy, CIBC Capital Markets | Bullish | CNBC (uncut) | Post-Labor Day rotation into quality and offense has legs; cost-of-capital normalization is healthy and… |
| 2026-10-26 | Vance Howard (Howard Capital)CEO, Howard Capital Management | Bullish | Fox Business (uncut) | Q4 seasonality offers roughly 80% historical odds of positive returns, with the election overhang lifting and… |
| 2026-10-26 | Jeff deGraafFounder & Chairman, Renaissance Macro Research | Bullish | CNBC (uncut) | When tech falls 1%+ on a day that still sees 50%+ of S&P 500 names make 20-day highs, that breadth pattern… |
Show all 751 mentions
| Date | Voice | Stance | Venue | Thesis |
|---|---|---|---|---|
| 2026-10-26 | Aria Wald | Bullish | CNBC (uncut) | Risk assets are oversold within a secular bull market, setting up a year-end rally despite internal breadth… |
| 2026-10-26 | Unknown | Bullish | Fox Business (uncut) | Stocks have returned ~14% annually over the past two decades vs ~5–6% for residential real estate, making… |
| 2026-10-26 | Joe Terranova (Virtus)Chief market strategist, Virtus | Bullish | CNBC (uncut) | Market has shown resilience rotating between sectors all year and AI trade should participate in a strong… |
| 2026-10-26 | Unknown | Bullish | CNBC (uncut) | A key overhang—whether AI funding will be available—is being answered by Anthropic's S1 plus SpaceX and… |
| 2026-10-26 | Ali Mccartney | Bullish | CNBC (uncut) | Historical hiking cycles where the 10-year stayed under 100bps total tightening have produced ~15% S&P… |
| 2026-10-26 | Ali Mccartney | Bullish | CNBC (uncut) | AI revenue tailwinds (not just spend), a supportive Fed cutting cycle with ~70-85bps priced in, and ~14%… |
| 2026-10-26 | Tom HayesFounder & chairman, Great Hill Capital | Bullish | Fox Business (uncut) | Q4 marks the first time the un-magnificent 493 earnings growth (30%) outpaces MAG7 hyperscalers (23%), so… |
| 2026-10-26 | Paul Kedrosky | Bearish | Hidden Forces | With roughly 55% of the S&P 500 now classifiable as tech and the Magnificent Seven driving nearly 45% of… |
| 2026-10-25 | Mohnish PabraiFund manager — Pabrai Investment Funds | Bearish | CNBC-TV18 | US equity valuations are so stretched that the S&P 500 will deliver essentially flat real returns — between… |
| 2026-10-23 | Andrew SlimmonSenior portfolio manager, Morgan Stanley IM | Bullish | CNBC (uncut) | Fed is unlikely to raise rates in October, oil-driven inflation is cyclical and could drop quickly, and… |
| 2026-10-23 | Leslie Marks | Bullish | Bloomberg TV (uncut) | Rising 10-year yields above 5% pressure cash flows at AI-capex-heavy cap-weighted names while… |
| 2026-10-23 | Nadia LovellHead of global equity strategy, UBS Global Wealth Management | Bullish | Bloomberg TV (uncut) | Fundamental economic growth remains strong and near-term headwinds from the Fed, midterms, and Middle East… |
| 2026-10-23 | Kriti Gupta | Bullish | CNBC (uncut) | S&P at 21x PE with record margins and roughly 30% year-over-year earnings growth makes current AI-driven… |
| 2026-10-23 | Jeremy SiegelProfessor emeritus, Wharton | Bullish | CNBC (uncut) | AI sentiment volatility drives a seesaw with long-term yields — when AI wobbles, yields fall, which improves… |
| 2026-10-23 | Peter Mallouk | Bullish | Fox Business (uncut) | Diversified S&P 500 exposure participates in the AI revolution while hedging against the inevitable… |
| 2026-10-23 | Peter Mallouk | Bullish | Fox Business (uncut) | S&P 500 has fundamental underpinnings from the US economy and the right tech/AI weighting to remain the core… |
| 2026-10-23 | Unknown | Bullish | CNBC (uncut) | Near-term choppiness from tax-loss selling, earnings season, Fed, and elections masks intact fundamentals… |
| 2026-10-23 | Vincent DeluardGlobal Macro Strategist, StoneX | Bearish | The Meb Faber Show | More than 70% of US stocks are below their 200-day MA while the index is driven by ~7 names, consumer credit… |
| 2026-10-23 | Whitney TilsonFormer hedge fund manager — T2 Partners | Bearish | Bloomberg Podcasts (feed) | SPY is at an all-time high concentration with 40% in the top 10 stocks (mostly tech), making it top-heavy, so… |
| 2026-10-23 | Lesley Marks | Neutral | Liz Ann Sonders (newest) | Investor focus is rotating from AI buildout momentum to fundamental cash-flow quality, driving sustained… |
| 2026-10-23 | Mohnish PabraiFund manager — Pabrai Investment Funds | Neutral | CNBC-TV18 | Extreme mega-cap tech concentration has stretched S&P 500 valuations to levels where nominal returns over the… |
| 2026-10-22 | Mona MahajanHead of Investment Strategy and Asset Allocation, Edward Jones | Bullish | Bloomberg TV (uncut) | The bull market should remain intact because earnings and economic fundamentals are holding up while neither… |
| 2026-10-22 | Eric Weiner | Bearish | Bloomberg TV (uncut) | A year-end rally is a dangerous bet because the Iran war creates volatile oil prices and a fundamentally… |
| 2026-10-22 | Will Magoff | Bullish | CNBC (uncut) | Investors should remain invested in equities because corporate earnings are still growing and the current… |
| 2026-10-22 | Matt Powers | Neutral | CNBC (uncut) | The cap-weighted index should remain flat into next year because recent gains are concentrated in five stocks… |
| 2026-10-22 | Rick | Bullish | Fox Business (uncut) | US equities should rise around 15% over the next year because earnings growth remains strong and nominal… |
| 2026-10-22 | Tim Seymour (Seymour Asset Mgmt)CIO, Seymour Asset Management | Bearish | CNBC (uncut) | Stocks are not priced for the growth scare now developing — AI capex financing costs have blown out… |
| 2026-10-22 | Jordi VisserHead of AI Macro Nexus Research, 22V Research | Neutral | Julia La Roche Show (feed) | Despite strong earnings growth, multiple compression from AI disruption of traditional business moats will… |
| 2026-10-21 | John Stolfers | Bullish | Bloomberg TV (uncut) | Better-than-expected earnings across sectors combined with accelerating AI adoption are driving corporate… |
| 2026-10-21 | Mark NewtonHead of Technical Strategy, Fundstrat | Neutral | CNBC (uncut) | Improving breadth, resilient earnings and the doubling of stocks above their 20-day moving averages indicate… |
| 2026-10-21 | Alan RechtschaffenSenior Portfolio Manager, UBS Global Wealth Management | Bullish | CNBC (uncut) | Strong current earnings growth, expected double-digit growth next year and productivity gains from… |
| 2026-10-21 | David WagnerHead of Equities & Portfolio Manager, Aptus Capital Advisors | Bullish | Fox Business (uncut) | The four-year bull market remains supported by strong economic earnings and record-high corporate… |
| 2026-10-21 | Neil HowePortfolio Manager, Hedgeye Asset Management | Bearish | Thoughtful Money (Adam Taggart) | Shiller CAPE in the 40s historically predicts negative inflation-adjusted decade returns, making drawdown… |
| 2026-10-21 | Unknown | Bullish | CNBC Fast Money Final Trade | SPY regained its nine-period Ichimoku line with price and lagging span above the cloud, creating a bullish… |
| 2026-10-21 | John Mowry | Bullish | Fox Business (uncut) | S&P 500 is trading below 19x forward earnings despite 30% earnings growth — the largest outside of recession… |
| 2026-10-21 | Julian EmanuelChief equity strategist, Evercore ISI | Bullish | CNBC (uncut) | Credit conditions remain broadly supportive, midterms are resolving in a sideways consolidation rather than a… |
| 2026-10-21 | Carter WorthMarket technician, Worth Charting | Short | RiskReversal Media | The S&P has logged back-to-back annual drawdowns of 10–20% and elevated under-the-surface dispersion signals… |
| 2026-10-20 | David RosenbergEconomist — Rosenberg Research | Bearish | Julia La Roche Show (feed) | Equity bubble in 'extra innings' with Shiller CAPE above 40 for five consecutive months, a negative equity… |
| 2026-10-20 | James DemmertFounder & CIO, Main Street Research | Bullish | Fox Business (uncut) | Unprecedented misplaced skepticism is suppressing multiples on companies with record earnings momentum; as… |
| 2026-10-20 | Joe AmatoPresident & CIO—Equities, Neuberger Berman | Bullish | CNBC (uncut) | Non-tech earnings are still growing at a high-single-digit rate, while companies adopting AI should gain… |
| 2026-10-20 | Nancy TenglerCEO & CIO, Laffer Tengler Investments | Bullish | CNBC (uncut) | The bull market should continue and rally strongly into year-end because corporate and consumer conditions… |
| 2026-10-20 | Jim Cramer (CNBC)Host, CNBC's Mad Money | Bullish | CNBC (uncut) | Older investors should favor the S&P 500 because its broader diversification is more appropriate than a… |
| 2026-10-20 | Jeanne SunHead of portfolio advisory, Citi Wealth (CIO office) | Bullish | Bloomberg The Close | Earnings growth has remained resilient and fundamentals are strong, making US equities the preferred… |
| 2026-10-19 | Andrew SheetsGlobal Head of Fixed Income Research, Morgan Stanley | Bullish | Bloomberg TV (uncut) | US and Japanese equities represent the best global opportunity as European political uncertainty and a dovish… |
| 2026-10-19 | Chris HarveyHead of US equity strategy, CIBC Capital Markets | Bullish | Bloomberg TV (uncut) | Secular AI trade and post-election removal of policy uncertainty support an S&P recovery to 8000+ by year-end… |
| 2026-10-19 | Lyn AldenIndependent macro strategist | Bullish | Wealthion | Structural fiscal deficits of 7% of GDP mean being bearish on equities is equivalent to being bullish on fiat… |
| 2026-10-19 | Lori CalvasinaHead of US equity strategy, RBC Capital Markets | Bullish | CNBC (uncut) | Earnings tailwinds remain strong enough to offset PE compression from elevated 10-year yields, with base-case… |
| 2026-10-19 | Ed YardeniPresident, Yardeni Research | Bullish | CNBC (uncut) | Fabulous earnings momentum (FEMO) — S&P 500 EPS tracking $425 next year and $500 by 2028, which supports… |
| 2026-10-19 | Ed YardeniPresident, Yardeni Research | Bullish | CNBC Television | Fabulous earnings momentum (FIMO) — S&P 500 EPS of $425/share next year with analysts already penciling $500… |
| 2026-10-19 | Andreas Steno LarsenFounder & CEO, Steno Research | Bullish | Real Vision (feed) | Extreme fear signals (Fear & Greed at 18, near-record put option volumes) combined with midterms seasonality… |
| 2026-10-19 | Art LafferFounder & Chairman, Laffer Associates | Bullish | Fox Business (uncut) | TCJA provisions locked in for at least three years (21% corporate rate, 100% expensing, 37% personal top… |
| 2026-10-19 | Adam Farster | Bullish | CNBC (uncut) | Earnings power in technology and the broader market remains intact outside the Mag-7 and the current… |
| 2026-10-19 | Cem KarsanFounder & CIO, Kai Volatility Advisors | Bearish | tastylive and Kai Media | Post-op-ex removal of vol and charm flow support creates a window of non-strength, not outright collapse… |
| 2026-10-18 | Neil HowePortfolio Manager, Hedgeye Asset Management | Bearish | Thoughtful Money (Adam Taggart) | Shiller CAPE at roughly 40x historically predicts negative inflation-adjusted returns over the subsequent… |
| 2026-10-17 | Jim BiancoMacro strategist — Bianco Research | Bullish | Jim Bianco (newest) | A 5% economy paired with 5% interest rates is the 'perfect setup' for maximum efficiency with no rate/growth… |
| 2026-10-17 | Lance RobertsChief Investment Strategist, RIA Advisors | Bullish | Thoughtful Money (Adam Taggart) | Earnings beats, rising forward estimate revisions, robust buyback activity, and anticipated market relief… |
| 2026-10-17 | Paul Tudor JonesFounder/CIO, Tudor Investment Corp | Bearish | The One Percent | The flow picture for US stocks in 2027 is the most negative since 2002 — massive AI mega-IPO supply (SpaceX… |
| 2026-10-16 | Larry McdonaldFounder, The Bear Traps Report | Bearish | Wealthion | S&P 500 is 50% tech and AI IPOs (SpaceX, Anthropic, OpenAI) entering indexes at $5T combined will offload… |
| 2026-10-16 | Warren PiesCo-founder, 3Fourteen Research | Bullish | CNBC (uncut) | Strong earnings growth has compressed the S&P P/E by ~20% while the market has chopped sideways, providing a… |
| 2026-10-16 | Mohamed El-ErianChief economic adviser, Allianz | Bearish | CNBC (uncut) | The widely-advocated rotation from tech into non-tech is flawed because tech weakness transmits to the… |
| 2026-10-16 | Rob HaworthSenior investment strategy director, U.S. Bank Asset Management | Bullish | CNBC (uncut) | Q3 earnings growth tracking at 28% and full-year 2026 at 32% provides the fundamental fuel to push the index… |
| 2026-10-16 | Keith LernerCIO & chief market strategist, Truist Advisory Services | Bullish | Bloomberg TV (uncut) | The equal-weight index and most non-tech sectors sold off 5–10% while tech held up, creating an oversold… |
| 2026-10-16 | Stuart KaiserHead of US equity trading strategy, Citi | Bullish | Bloomberg TV (uncut) | Weakness in growth and momentum names is driven more by technical positioning pressure than fundamentals, and… |
| 2026-10-16 | Rob HaworthSenior investment strategy director, U.S. Bank Asset Management | Bullish | Bloomberg TV (uncut) | Early Q3 earnings season is solid enough to drive the S&P 500 to the firm's year-end target of 5,840 on… |
| 2026-10-16 | David RosenbergEconomist — Rosenberg Research | Bearish | RiskReversal Media | Negative equity risk premium, 73% household equity concentration at all-time highs (surpassing late-1990s… |
| 2026-10-16 | Eric DhallPortfolio Manager, DoubleLine Capital | Bearish | DoubleLine Capital | US large-cap equity is historically concentrated in a narrow tech cohort creating measurable risk for new… |
| 2026-10-16 | Dirk WillerGlobal Head of Macro Strategy & Asset Allocation, Citi Research | Bullish | The Meb Faber Show | AI bubble is confirmed by price-trend definition but remains early-stage with subdued retail sentiment, Fed… |
| 2026-10-16 | Mark NewtonHead of Technical Strategy, Fundstrat | Bullish | Fundstrat | Midterm-election fear is creating a buying dip in an otherwise healthy tape where profit growth is on pace… |
| 2026-10-15 | Drew Matus | Bearish | CNBC (uncut) | The economy and equity returns rest almost entirely on the AI trade and its wealth-effect on consumers… |
| 2026-10-15 | John ColovisHead of Technical Strategy, Macro Risk Advisors | Bearish | CNBC (uncut) | Breadth deteriorating rapidly with ~30% of S&P stocks below 50-day MA and ~40% below 200-day MA, producing… |
| 2026-10-15 | Binky ChaderChief U.S. Equity & Global Strategist, Deutsche Bank Securities | Bullish | Bloomberg TV (uncut) | Earnings season historically delivers 2–3.5% S&P gains in three out of four occurrences, current fundamentals… |
| 2026-10-15 | Barry RitholtzCo-Founder & CIO, Ritholtz Wealth Management | Bearish | Bloomberg TV (uncut) | After 15 consecutive years of US equity outperformance with the rest of world returning 32% vs S&P 17% last… |
| 2026-10-15 | Stephanie Link (Hightower)Chief Investment Strategist, Hightower | Bullish | CNBC Halftime Committee | The US economy continues growing above 3% with consumer and labor strength justifying a valuation catch-up… |
| 2026-10-15 | Jesse FelderAuthor, The Felder Report | Short | Thoughtful Money (Adam Taggart) | Record-weak market breadth (less than 30% of S&P components above 50-day MA at a new 52-week high —… |
| 2026-10-15 | Jim PaulsenIndependent strategist, Paulsen Perspectives | Bearish | Excess Returns (feed) | Restrictive financial conditions now in the top historical quartile historically produce near-zero to… |
| 2026-10-15 | David RosenbergEconomist — Rosenberg Research | Bearish | Jimmy Connor | Consumer spending is running on credit rather than income growth, the AI boom masks weakness everywhere else… |
| 2026-10-15 | Danielle Dimartino BoothCEO & Chief Strategist, QI Research | Bearish | Key Advisors | The Common Sense Bull | Markets face an unprecedented simultaneous combination of 1999-level equity valuations and 2007-level… |
| 2026-10-14 | Kate MooreCIO, Citi Wealth | Bullish | Bloomberg TV (uncut) | Earnings growth remains broad-based and resilient into year-end, multiple contraction has been healthy rather… |
| 2026-10-14 | Anneka Treon | Bullish | CNBC (uncut) | S&P 500 forward P/E multiples have derated 15% year-to-date and sit at decade norms while earnings are on… |
| 2026-10-14 | Ryan DetrickChief market strategist, Carson Group | Bullish | CNBC (uncut) | Every bull market that reached year four over the past 50 years extended to year five, and AI spending is… |
| 2026-10-14 | Cameron DawsonCIO, NewEdge Wealth | Bullish | Bloomberg Surveillance | 38% of S&P 500 names remain down 20%+ from all-time highs and institutional and hedge fund positioning is… |
| 2026-10-14 | Kate MooreCIO, Citi Wealth | Bullish | Bloomberg Surveillance | Earnings growth remains strong and broad — analysts have been consistently conservative and forced to revise… |
| 2026-10-14 | Wolf RichterEditor-in-chief, WOLF STREET | Bearish | Thoughtful Money (Adam Taggart) | AI-related mega-caps at extreme valuations are carrying index levels to all-time highs while thousands of… |
| 2026-10-13 | Josh Brown (Ritholtz)CEO, Ritholtz Wealth Management | Bullish | Josh Brown (newest) | Midterm election year seasonality shows 100% positive S&P returns from election day through the following… |
| 2026-10-13 | Ed YardeniPresident, Yardeni Research | Bullish | Ed Yardeni (newest) | A technology-led productivity boom lifting growth from ~2% to 3-4% is driving an earnings and revenue boom… |
| 2026-10-13 | Amy Wu SilvermanHead of derivatives strategy, RBC Capital Markets | Bearish | Bloomberg The Close | Catastrophic left-tail risks from AI and cyber events are completely absent from equity market pricing… |
| 2026-10-13 | Ed YardeniPresident, Yardeni Research | Bullish | Ed Yardeni (newest) | Technology-led productivity acceleration to 3–4% sustains an earnings boom with strong revenues, supporting… |
| 2026-10-13 | Ed YardeniPresident, Yardeni Research | Bullish | Ed Yardeni (newest) | A technology-led productivity boom (from current 2% toward 3-4%) is driving a sustained earnings boom with… |
| 2026-10-13 | Paul Tudor JonesFounder/CIO, Tudor Investment Corp | Short | Eurodollar University | The flow picture for US equities is the most negative since 2002 — IPOs, secondaries, and unlocks now… |
| 2026-10-12 | Margie PatelSenior portfolio manager, Allspring Global Investments | Bullish | Bloomberg TV (uncut) | Broadening corporate earnings growth, peak profit margins holding, low average leverage, and a less-activist… |
| 2026-10-12 | Gareth SolowayChief Market Strategist, Verified Investing | Bullish | Wealthion | PCE inflation came in better than expected while the economy stays strong, supporting earnings growth that… |
| 2026-10-12 | Ed YardeniPresident, Yardeni Research | Bullish | Chris Davis | Fabulous Earnings Momentum (FEMO) — above-consensus earnings growth driven by strong consumer spending, AI… |
| 2026-10-12 | Chris DavisChairman, Davis Advisors | Bearish | Excess Returns | The S&P 500 has become a de facto momentum fund through passive flow dynamics that mechanically amplify… |
| 2026-10-12 | Russell NapierMarket strategist & financial historian | Bearish | The MOST Important Thing Podcast | The S&P 500 at a Shiller PE near 40x is grossly overvalued and grossly overowned by foreigners; financial… |
| 2026-10-12 | Mike NovogratzFounder/CEO, Galaxy Digital | Bullish | Money Rehab with Nicole Lapin | AI bubble has not peaked and continues to feed equity multiples; no blow-off top has occurred yet and the… |
| 2026-10-11 | Ed YardeniPresident, Yardeni Research | Bullish | Ed Yardeni (newest) | No recession expected through end of decade, AI-driven productivity is expanding profit margins beyond 14%… |
| 2026-10-11 | John LodhraPartner & Co-founder, New Harbor Financial Group | Short | Thoughtful Money (Adam Taggart) | VIX near cycle lows (~15) makes put option protection relatively cheap; with equities at 99th percentile… |
| 2026-10-10 | Ed YardeniPresident, Yardeni Research | Bullish | Ed Yardeni (newest) | The Roaring 2020s thesis: no recession through 2029 as baby-boomer wealth ($120T net worth), interest income… |
| 2026-10-10 | Bob ElliottCEO & CIO, Unlimited Funds | Bearish | CNBC (newest, named investor) | The entire US equity market is priced for ~$3 trillion in AI revenue by 2030, but OpenAI and Anthropic… |
| 2026-10-10 | David RosenbergEconomist — Rosenberg Research | Bearish | Jimmy Connor | Shiller CAPE above 40 for five consecutive months, top-10 concentration at over 40% of the index, extreme… |
| 2026-10-09 | Alessio De LongisHead of research & CIO of active investments, ProShares | Bullish | Bloomberg The Close | The market is in a highly rotational phase where money is not leaving equities; every pullback including… |
| 2026-10-09 | Chris VerroneChief market strategist, Baird Strategas | Bullish | Bloomberg TV (uncut) | Capital is not yet flowing out of equities because real rates, though elevated, have not crossed the… |
| 2026-10-09 | Jakob ClementResearch analyst, Pamir Liberium | Bearish | Bloomberg TV (uncut) | AI investment is overconcentrated in frontier LLMs in data centers when the real future is small, open-weight… |
| 2026-10-09 | Chris DavisChairman, Davis Advisors | Bearish | Excess Returns | Passive indexing has become a self-reinforcing momentum fund that will grow more concentrated and overvalued… |
| 2026-10-08 | Ed YardeniPresident, Yardeni Research | Bullish | Ed Yardeni (newest) | A resilient US economy with no recession supports $500 EPS for the S&P 500 by 2029/2030, and at a 20x forward… |
| 2026-10-08 | Ray DalioFounder, Bridgewater Associates | Bearish | The Julia La Roche Show | US stocks meet his bubble indicators—debt-fueled capital floods into uncertain technology themes while equity… |
| 2026-10-07 | Michael BatnickManaging Partner, Ritholtz Wealth | Bullish | The Compound | The market is demonstrating resilience to rising rates because AI-driven capex from hyperscalers is… |
| 2026-10-07 | Nadia LovellHead of global equity strategy, UBS Global Wealth Management | Bullish | Fox Making Money (playlist) | Broad earnings expansion across all 11 sectors, accelerating Q3 GDP momentum (2.5–3%), and AI-driven profit… |
| 2026-10-07 | Savita SubramanianHead of US Equity Strategy, BofA | Bearish | Savita Subramanian (newest) | Analyst consensus now projects record-high earnings growth for the next 5 years — above any 40-year… |
| 2026-10-07 | Ed YardeniPresident, Yardeni Research | Bullish | Ed Yardeni (newest) | Hyperscaler competition will compress AI costs and pass the productivity benefits to the 493 adopter… |
| 2026-10-06 | Nick NemethAuthor and Publisher, Mispriced Assets | Bearish | Julia La Roche Show | Equity market should already be down roughly 20% given rising yields, credit stress in private markets… |
| 2026-10-06 | Tom Lee (Fundstrat)Co-founder & head of research, Fundstrat | Bullish | Tom Lee | P/E has already derated 10% this year while 2027 earnings estimates rose ~22%, so the rate-concern risk is… |
| 2026-10-05 | Stuart KaiserHead of US equity trading strategy, Citi | Bullish | Bloomberg Open Interest | Institutional investors are rebuilding equity positions as September event risk clears; AI capex commitments… |
| 2026-10-05 | Rupert MitchellFounder, Blind Squirrel Macro | Bearish | Wealthion | US equities are historically expensive (>50% of S&P by market cap above 10x price/sales) while the rest of… |
| 2026-10-05 | Steve ChiavaroneCIO global equities, Federated Hermes | Bullish | Bloomberg Surveillance | Earnings growing at an unprecedented pace with expanding margins, backed by the largest US infrastructure… |
| 2026-10-05 | Tom Lee (Fundstrat)Co-founder & head of research, Fundstrat | Bullish | Tom Lee | Q3 EPS growth tracking ~30% and 2027 EPS revisions are up 20%+ since year-start while the S&P is not, meaning… |
| 2026-10-05 | Mohnish PabraiFund manager — Pabrai Investment Funds | Neutral | interview | Current S&P 500 valuations mirror the overheated 1965 and 1999 periods that each preceded roughly 15-17 year… |
| 2026-10-05 | Tom Lee (Fundstrat)Co-founder & head of research, Fundstrat | Bullish | Tom Lee | Q3 earnings growing ~30% YoY plus 20%+ upward EPS revisions for 2027 while the index is flat means the… |
| 2026-10-05 | Tom Lee (Fundstrat)Co-founder & head of research, Fundstrat | Bullish | Tom Lee | Earnings growth accelerating with Q3 EPS likely ~30% and 2027 EPS revisions up 20%+ while the index hasn't… |
| 2026-10-04 | Andy ConstanFounder & Macro Strategist, Damped Spring Advisors | Short | Excess Returns | 30-year yields at ~5.5% and 10-year yields at ~5.25% alongside an active Fed hiking cycle constrain any… |
| 2026-10-04 | Ed YardeniPresident, Yardeni Research | Bullish | Excess Returns | Earnings-driven bull market (FEMO) supported by resilient consumer spending from wealthy retiring baby… |
| 2026-10-04 | Brent JohnsonCEO, Santiago Capital | Bullish | Brent Johnson Milkshakes Pod | Investing • Finance | Rising global rates force capital rotation out of bonds into US equities because America, as the only nation… |
| 2026-10-03 | Jim Lebenthal (Cerity)Partner, Cerity Partners | Bullish | Tom Lee | Collapsing rate-hike odds, solid economic growth (Atlanta Fed GDP 3.7%), and clean Q4 positioning after… |
| 2026-10-03 | Amy | Bearish | Tom Lee | Robust economic growth will keep interest rates elevated, which will eventually compress S&P multiples as it… |
| 2026-10-02 | Jim Lebenthal (Cerity)Partner, Cerity Partners | Bullish | CNBC Halftime Committee | Goldilocks jobs report, lighter-than-expected PCE, Fed likely on hold, Atlanta Fed GDP at 3.7%, and weekly… |
| 2026-10-02 | Amy | Bearish | CNBC Halftime Committee | Sustainably lower rates require a meaningful economic slowdown that is not occurring, so yields stay elevated… |
| 2026-10-02 | Seema ShahChief global strategist, Principal Asset Management | Bullish | Bloomberg Surveillance | High-yield spread widening is a supply-digestion issue rather than a fundamental credit problem, so corporate… |
| 2026-10-01 | Larry AdamCIO, Raymond James | Bullish | Fox Claman Countdown | The US has the best economy and earnings profile in the developed world and remains the premier vehicle to… |
| 2026-10-01 | Stuart KaiserHead of US equity trading strategy, Citi | Neutral | Bloomberg Surveillance | Market is sending a clear signal to allocate to large-cap growth; small caps and equal-weight names are… |
| 2026-10-01 | Patrick Ceresna (Macro Voices)Co-host, MacroVoices & Market Huddle | Short | Macro Voices | Broad equity weakness is masked by mega-cap resilience while the median S&P stock is already 16% off highs… |
| 2026-10-01 | Patrick Ceresna (Macro Voices)Co-host, MacroVoices & Market Huddle | Short | Macro Voices | Broad equity weakness is being masked by mega-cap resilience while 3-month implied volatility sits near… |
| 2026-10-01 | Art HoganChief Market Strategist, B. Riley Wealth | Bullish | Fox Claman Countdown (playlist) | EPS estimates of $345 (below median $353, up from $275 last year) applied to the average trailing multiple… |
| 2026-10-01 | Joe Terranova (Virtus)Chief market strategist, Virtus | Bullish | CNBC Halftime Final Trades | Market-cap-weighted S&P is effectively a concentrated AI bet; Q4 should recalibrate toward mega-cap AI names… |
| 2026-09-30 | Joe Terranova (Virtus)Chief market strategist, Virtus | Bullish | CNBC Halftime Committee | Market pulled back to a low-risk/high-reward entry level ahead of Q4 earnings with concentrated mega-cap… |
| 2026-09-30 | Jeffrey GundlachCEO/CIO, DoubleLine Capital | Bearish | DoubleLine Capital | CAPE ratio of 42 sits in a range where there has never historically been a positive real 10-year forward… |
| 2026-09-28 | Lori CalvasinaHead of US equity strategy, RBC Capital Markets | Bullish | Bloomberg Open Interest | Valuation-and-earnings model produces 8150 price target with 5% yields and 3 hikes baked in, and even a… |
| 2026-09-28 | Ajay RajadhyakshaGlobal chairman of research, Barclays | Bullish | Bloomberg Surveillance | AI capex cycle is largely acyclical and rate-insensitive, eight of ten S&P sectors posted positive earnings… |
| 2026-09-28 | Kristina HooperChief market strategist, Man Group | Bearish | Bloomberg Open Interest | The rapid pace of long-end yield increases — driven by fiscal sustainability concerns and oil-induced… |
| 2026-09-25 | Bob DollCEO & CIO, Crossmark Global Investments | Bullish | Bloomberg Surveillance | Preferring stocks over bonds as bond market is now oversold, earnings remain strong, post-midterm seasonality… |
| 2026-09-25 | Kara MurphyCIO, Kestra Investment Management | Neutral | Bloomberg Open Interest | Valuations outside the US are much lower while the earnings growth differential between US and international… |
| 2026-09-25 | Steve | Bearish | CNBC Halftime Committee | 10-year yield above 5% is historically strong competition for equities and the correlation between >5%… |
| 2026-09-25 | Olaolu AgangaHead of portfolio construction, Citi Wealth | Bullish | Bloomberg The Close | AI is a secular driver with productivity gains not yet realized, hyperscaler net leverage remains near zero… |
| 2026-09-24 | Lisa ShalettCIO, Morgan Stanley Wealth Management | Bullish | Bloomberg Surveillance | Multiples have already contracted 3.5 turns on top of 30% earnings growth, making the market rational rather… |
| 2026-09-24 | Ohsung KwonChief equity strategist, Wells Fargo | Bearish | Bloomberg Surveillance | Equity allocation at 72% of portfolios vs bonds is the highest since 1969 and far above the ~60% fair value… |
| 2026-09-23 | Mohnish PabraiFund manager — Pabrai Investment Funds | Bearish | informo | Current S&P valuations mirror historically overheated periods (1965, 1999) that preceded 10-20 year flat… |
| 2026-09-22 | Anastasia AmorosoChief Investment Strategist, iCapital | Bullish | Bloomberg The Close | Valuation reset from 23x to 19x forward PE, combined with 2027 EPS consensus of $417, mathematically implies… |
| 2026-09-22 | Joe Terranova (Virtus)Chief market strategist, Virtus | Bullish | CNBC Halftime Committee | Risk aversion built over the past 30-45 days is unwinding as the market shifts risk-on, with Mag-7 leadership… |
| 2026-09-22 | Michael HowellLiquidity strategist — CrossBorder Capital | Bearish | New Era Finance Podcast | Rising bond yields compress PE multiples while earnings growth is set to slow in 2027 as the cycle matures… |
| 2026-09-21 | Tom Lee (Fundstrat)Co-founder & head of research, Fundstrat | Bullish | Tom Lee | Maximum bearish sentiment with clients offsides/de-risking into a Fed that may walk back hawkishness… |
| 2026-09-20 | Howard MarksCo-chairman, Oaktree Capital | Bearish | Bloomberg Podcasts | Optimists have ruled markets since October 2022 driving the S&P to double, pushing prices above intrinsic… |
| 2026-09-18 | Tom Lee (Fundstrat)Co-founder & head of research, Fundstrat | Bullish | The Compound | High pessimism + earnings in good shape + Fed hike delivery removes uncertainty about future hikes, setting… |
| 2026-09-17 | Ed YardeniPresident, Yardeni Research | Bullish | Bloomberg The Close | Fabulous earnings momentum (FIMO) and strong economy support equities despite geopolitical/oil headwinds; cut… |
| 2026-09-17 | Julian EmanuelChief equity strategist, Evercore ISI | Bullish | Bloomberg The Close | Fed credibility hike eliminates both the one-and-done crowd's hopes and the 6-7% 10-year yield fears, leaving… |
| 2026-09-17 | Savita SubramanianHead of US Equity Strategy, BofA | Bearish | Bloomberg The Close | Equity allocations are elevated through performance rather than new conviction, September-October is… |
| 2026-09-17 | Neil DuttaHead of Economics, Renaissance Macro Research | Bearish | Bloomberg The Close | The Fed cannot achieve its 2% inflation target without tightening financial conditions, which requires stock… |
| 2026-09-17 | Sherry PaulPrivate wealth advisor, Morgan Stanley (Sherry Paul Group) | Bullish | Bloomberg The Close | Coming out of a 30-year secular bull market in bonds, equities offer far better real returns; $1.4T of MAG7… |
| 2026-09-17 | David RosenbergEconomist — Rosenberg Research | Bearish | Excess Returns | Top 10 stocks account for over 40% of the index in one sector, virtually every other sector (utilities… |
| 2026-09-16 | Jeffrey GundlachCEO/CIO, DoubleLine Capital | Bearish | Julia La Roche Show | Shifting from cap-weighted to equal-weight revenue-ranked Fortune 500 eliminates the ~40% AI mega-cap… |
| 2026-09-16 | Dean CurnuttCEO, Macro Risk Advisors | Bearish | Forward Guidance | Implied S&P vol is at historic lows because never-before-seen low stock correlations are suppressing realized… |
| 2026-09-16 | Tom Lee (Fundstrat)Co-founder & head of research, Fundstrat | Bullish | Tom Lee | Fed hike is an overreaction; Goldman models show temporary inflation effects fade by ~100bps in the next 6… |
| 2026-09-15 | Rick RiederCIO of Global Fixed Income, BlackRock | Neutral | CNBC Halftime Committee | Equities face a structurally weaker setup versus a year ago — 20-25% earnings growth is a hard bar to repeat… |
| 2026-09-15 | Tom Lee (Fundstrat)Co-founder & head of research, Fundstrat | Bullish | Tom Lee | FOMC cut removes future hike expectations driving yields lower, while heavy sideline cash and existing… |
| 2026-09-14 | Chris HarveyHead of US equity strategy, CIBC Capital Markets | Bearish | Bloomberg Surveillance | Simultaneous headwinds of AI regulatory uncertainty, rate hike cycle, an oil shock, and credit-market… |
| 2026-09-13 | Jim PaulsenIndependent strategist, Paulsen Perspectives | Bearish | Excess Returns | Headline earnings strength masks flat performance in seven of ten sectors, economic momentum is… |
| 2026-09-13 | Darius DaleFounder & CEO, 42 Macro | Bullish | Luke Gromen | AI capital deepening is tracking the historical pattern that produces 10-year productivity acceleration… |
| 2026-09-11 | Cameron DawsonCIO, NewEdge Wealth | Neutral | Bloomberg The Close | Higher secular yields compress multiples while earnings growth slows sharply in 2027 to half the 2026 rate… |
| 2026-09-11 | Justin BergnerPortfolio manager, Gabelli Funds | Bearish | CNBC Fast Money Final Trade | The backup in long-end yields justifies a much larger market pullback than the ~0.7% weekly decline seen, as… |
| 2026-09-11 | David WooIndependent macro strategist (ex-BofA) | Short | Capital Allocators | Equity vol is cheap relative to the near-term tail risks (US-China AI escalation, Iran/Hormuz, Ukraine… |
| 2026-09-10 | Venu KrishnaHead of US equity & equity-linked strategy, Barclays | Bullish | Bloomberg Surveillance | Exceptional earnings durability — 31% growth expected, driven by AI capex supercycle augmented by energy… |
| 2026-09-10 | Barry RitholtzCo-Founder & CIO, Ritholtz Wealth Management | Bullish | The Big Picture (Ritholtz) | 30-year equity compounding builds far more capital than T-Bills for entrepreneurs without a near-term… |
| 2026-09-10 | Tom Lee (Fundstrat)Co-founder & head of research, Fundstrat | Bullish | Tom Lee | September should be an up month because elevated negative-seasonality fears and AI pessimism are contrarian… |
| 2026-09-10 | Sven CarlinFounder, Sven Carlin Research Platform | Bearish | MOI Global | Current US equity valuations (P/E ~41 vs historical ~9) and 1% dividend yield leave no return cushion, and a… |
| 2026-09-09 | Zeke AshtonPortfolio manager, Ashton Total Return Fund | Short | The Acquirers Podcast | Market is highly vulnerable given rampant speculation in leveraged ETFs and 0DTE options, extreme… |
| 2026-09-09 | Michael HowellLiquidity strategist — CrossBorder Capital | Neutral | Triangle Investor | Rising bond yields compress P/E multiples but exceptionally strong earnings — especially in tech — offset… |
| 2026-09-08 | Terry SmithFounder & CIO, Fundsmith | Bullish | William Green | Richer, Wiser, Happier | The US is the largest economy with the most active capital market, enabling companies to achieve domestic… |
| 2026-09-03 | Alli MccartneyManaging director & private wealth advisor, UBS Alignment Partners | Bullish | Bloomberg The Close | Broad earnings growth of ~24% expected for 2026 with average company growing ~15% — breadth is not… |
| 2026-09-02 | Chris BloomstranPresident & CIO, Semper Augustus Investments | Bearish | MOI Global | The index trades at 26x earnings with net margins near 12.8% — nearly double Buffett's postwar ceiling of… |
| 2026-09-02 | David RosenbergEconomist — Rosenberg Research | Bearish | David Lin | Rising risk premia from a Fed hiking into a 1.5% growth, oil-shocked, AI-concentrated economy is compressing… |
| 2026-09-01 | Scott ChronertHead of US equity strategy, Citi Research | Bullish | Bloomberg Open Interest | The AI trade broadening into non-MAG7 S&P sectors combined with a Q3 earnings season catalyst and… |
| 2026-08-31 | Lyn AldenIndependent macro strategist | Bullish | Eurodollar Talk | Equal-weight S&P 500 provides broad equity participation while diffusing concentration risk in overbought… |
| 2026-08-31 | David FriedbergCEO, Ohalo; co-host, All-In | Bullish | Jeremy Grantham | The S&P 500 historically returns 10-11% per year with no property tax, insurance, or maintenance costs… |
| 2026-08-31 | Bob ElliottCEO & CIO, Unlimited Funds | Bearish | Bloomberg Surveillance | High nominal GDP is not a green light for equities because extraordinary expectations — 25% earnings growth… |
| 2026-08-31 | Brooks CutrightIndex-events investor, Hedgeye Asset Management | Bullish | Bloomberg ETF IQ | There is a documented systematic price effect when stocks are added to the S&P 500; buying a… |
| 2026-08-28 | Chris GalipeauSenior market strategist, Franklin Templeton | Bullish | Wealthion | Full employment, rising consumer net worth, and corporate earnings beating consensus by ~100% in Q1 make the… |
| 2026-08-24 | Nick ColasCo-Founder, DataTrek Research | Bearish | The Compound | Cap-weighted S&P now has ~38-40% in tech that has shifted from returning cash to shareholders to a VC-like… |
| 2026-08-24 | Julian EmanuelChief equity strategist, Evercore ISI | Bullish | CNBC Fast Money Final Trade | Structural tech-driven bull markets generate intense FOMO and capital-market surges—as seen in Y2K and… |
| 2026-08-24 | Meb FaberCo-founder & CIO, Cambria | Bearish | Trend Following | US CAPE ratio at ~40-43 is near the 1999 peak with dividend yield about to cross below 1%, and there is no… |
| 2026-08-21 | Jenny Harrington (Gilman Hill)CEO, Gilman Hill Asset Management | Bullish | CNBC Fast Money Final Trade | Q3 earnings growth rates are mathematically predetermined and will be spectacular, making near-term catalysts… |
| 2026-08-20 | Luke GromenMacro strategist — founder, FFTT | Bullish | The Monetary Matters Network | In an environment of Bessent-driven yield curve control, Treasury buybacks, and inflationary monetary… |
| 2026-08-20 | Darius DaleFounder & CEO, 42 Macro | Bullish | Macro Voices | Fourth turnings historically deliver above-average equity returns driven by elevated nominal GDP and earnings… |
| 2026-08-20 | Bill DudleyFormer president, New York Fed; Bloomberg Opinion columnist | Bearish | Bloomberg The Close | Stretched valuations across three independent metrics — Shiller CAPE at 41 (near the Dec 1999 all-time high… |
| 2026-08-17 | Ed YardeniPresident, Yardeni Research | Bullish | Wealthion | Bull market is earnings-led rather than valuation-led, with companies repeatedly beating expectations and… |
| 2026-08-14 | Luke GromenMacro strategist — founder, FFTT | Bearish | The Meb Faber Show | US equities at ~70% of global market cap echoes Japan at 50-60% in 1989; countries that still manufacture… |
| 2026-08-13 | Tom Lee (Fundstrat)Co-founder & head of research, Fundstrat | Bullish | Tom Lee | 2027 earnings estimates are rising toward $425 from $395 at earnings-season start, and at a 20x multiple that… |
| 2026-08-13 | Michael HowellLiquidity strategist — CrossBorder Capital | Bearish | Macro Voices | The global liquidity cycle has peaked and is rolling over, and the setup is analogous to late 2021/early 2022… |
| 2026-08-12 | Ed YardeniPresident, Yardeni Research | Bullish | Bloomberg Podcasts | Earnings momentum (FIMO — fabulous earnings momentum) is driving the market higher with broad participation… |
| 2026-08-12 | Darius DaleFounder & CEO, 42 Macro | Bullish | Forward Guidance | Paradigm C (running the economy hot) drives bubble-like equity conditions supported by a risk-on reflation… |
| 2026-08-11 | Ed YardeniPresident, Yardeni Research | Bullish | Wealthion | Baby boomer generation holds ~$110T in net worth and is spending aggressively in retirement, combined with… |
| 2026-08-11 | Michael HowellLiquidity strategist — CrossBorder Capital | Neutral | The Julia La Roche Show | Liquidity cycle peaked in Q3–Q4 2025, compressing PE multiples as rising yields lift the cost of capital even… |
| 2026-08-10 | Cathie WoodCEO & CIO, ARK Invest | Bullish | Switzer Report | AI and the five major innovation platforms (robotics, energy storage, AI, blockchain, multi-omics) are… |
| 2026-08-10 | Yie Hsin HungPresident & CEO, State Street Investment Management | Bullish | Bloomberg Surveillance | Overweight US equities first, emerging markets second, on the back of strong and broadening corporate… |
| 2026-08-09 | Brent JohnsonCEO, Santiago Capital | Bullish | Brent Johnson Milkshakes Pod | Investing • Finance | As foreign sovereign bond yields rise and capital flees non-dollar debt, the milkshake theory predicts flows… |
| 2026-08-08 | Richard BernsteinGlobal Head of Macro & Customized Investing, Janus Henderson (founder, Richard Bernstein Advisors) | Bearish | Excess Returns | Non-US stocks have quietly outperformed venture capital over the last five years while the US market enters a… |
| 2026-08-07 | Ed YardeniPresident, Yardeni Research | Bullish | The Compound | No recession through end of decade means fabulous earnings momentum (FEMO) continues; at $43/share forward… |
| 2026-08-06 | Steve HankeProfessor of Applied Economics, Johns Hopkins University | Bearish | Wealthion | US stock market is in a bubble by every valuation measure, and rising interest rates — driven by re-emerging… |
| 2026-08-06 | Jeff SniderFounder, Eurodollar University | Bearish | Michael Burry | Late credit cycle dynamics — rising junk spreads, fallen angels, repeated collateral fraud in private credit… |
| 2026-08-03 | Luke GromenMacro strategist — founder, FFTT | Bearish | The Master Investor Podcast with Wilfred Frost | Big tech and AI have become highly debt-financed and are valued at extremes in the largest equity market in… |
| 2026-08-03 | Jim BiancoMacro strategist — Bianco Research | Bullish | Wealthion | Non-AI stocks have decoupled from the AI complex with correlation turning negative, outperformed AI stocks… |
| 2026-08-02 | Mohnish PabraiFund manager — Pabrai Investment Funds | Bearish | New Money | Shiller PE at tech-bubble levels and extreme Mag-7 concentration make the index 'ridiculously overvalued,'… |
| 2026-08-02 | Cem KarsanFounder & CIO, Kai Volatility Advisors | Bullish | Real Vision | A 20% market decline destroys $50T of collateral — dwarfing all COVID QE — so government cannot allow it to… |
| 2026-07-28 | Louis Vincent GaveCo-founder & CEO, Gavekal | Bearish | Louis-Vincent Gave | US exceptionalism is empirically fading — US equities have underperformed EM by 22%, Europe by 12%, and Japan… |
| 2026-07-28 | Louis Vincent GaveCo-founder & CEO, Gavekal | Bearish | Louis-Vincent Gave | US equities have underperformed Europe by 12%, Japan by 17%, and EM by 22% since Trump's inauguration — and… |
| 2026-07-24 | Ed YardeniPresident, Yardeni Research | Bullish | Bloomberg Podcasts | Economy continues to show resilience with no recession materializing, and fabulous earnings momentum (FEMO)… |
| 2026-07-24 | Steven FeldmanCo-Founder & CEO, GBI | Bearish | Wealthion | At 40% weight in 10 AI-correlated companies, the S&P 500 is no longer a diversified index but a highly… |
| 2026-07-24 | Ed YardeniPresident, Yardeni Research | Bullish | Bloomberg Television | Yardeni keeps his personal portfolio mostly in ETFs tracking the S&P 500 because he believes in the market… |
| 2026-07-20 | Jamie DimonChairman & CEO, JPMorgan Chase | Bearish | The Master Investor Podcast with Wilfred Frost | Market is pricing in a good but not perfect outcome at elevated multiples that leave little margin for the… |
| 2026-07-17 | Carson BlockFounder & CIO, Muddy Waters Research | Bullish | Meb Faber | Systematic momentum within the S&P 500 has been the dominant source of returns post-GFC; skeptics who ignore… |
| 2026-07-17 | Mike NovogratzFounder/CEO, Galaxy Digital | Bearish | Prof G Markets | Leverage in US equity markets has reached a historic extreme—above 2007 and 1999 peaks—making valuations… |
| 2026-07-16 | Mark ThorntonSenior Fellow, Mises Institute | Bearish | Wealthion | The US stock market is at its most extreme overvaluation in 150 years outside of 1927, and elevated leverage… |
| 2026-07-15 | Michael BatnickManaging Partner, Ritholtz Wealth | Bullish | The Compound | Stocks now constitute a larger share of US household net worth than real estate and are effectively too big… |
| 2026-07-15 | Larry FinkChairman/CEO, BlackRock | Bullish | CNBC Television | The AI-driven technological revolution will expand margins across a wide range of companies, supporting broad… |
| 2026-07-11 | Vance Howard (Howard Capital)CEO, Howard Capital Management | Bullish | Fox Business | S&P 500 broke out of a flag pattern with broad market breadth (60% of stocks above 200-day MA), signaling a… |
| 2026-07-11 | Tom Lee (Fundstrat)Co-founder & head of research, Fundstrat | Bullish | Tom Lee | 2027 S&P earnings of $400 applied at 20x multiple justifies 8,000 target, and earnings growth is real — the… |
| 2026-07-10 | Jim Cramer (CNBC)Host, CNBC's Mad Money | Bullish | CNBC Television | An S&P 500 index fund should form 50% of a portfolio as a hedge against mistakes in individual stock picking… |
| 2026-07-10 | Tom Lee (Fundstrat)Co-founder & head of research, Fundstrat | Bullish | Tom Lee | Conflict escalation historically creates buying opportunities rather than exit signals — the Feb–Apr war… |
| 2026-07-09 | Tom Lee (Fundstrat)Co-founder & head of research, Fundstrat | Bullish | CNBC Television | Iran-driven market selloffs have historically been buying opportunities, as the Feb–April escalation period… |
| 2026-07-09 | Ryan DetrickChief market strategist, Carson Group | Bullish | CNBC Television | NYSE advance/decline line hit an all-time high just 2 days ago and small/mid caps are leading, and market… |
| 2026-07-08 | Michael Green (Simplify)Chief Strategist & PM, Simplify | Bearish | Michael Green | US equities are structurally overvalued as passive flows bid up prices without fundamental analysis, earnings… |
| 2026-07-07 | Julian EmanuelChief equity strategist, Evercore ISI | Bullish | Bloomberg Television | Oil returning below $70 from its war-driven spike is a profound disinflationary positive — historically the… |
| 2026-07-07 | Mike WilsonChief US Equity Strategist, Morgan Stanley | Neutral | Bloomberg Television | The new Fed chair Kevin Walsh is reducing forward guidance, forcing markets to price uncertainty themselves… |
| 2026-07-07 | Wei LiGlobal Chief Investment Strategist, BlackRock Investment Institute | Bullish | Bloomberg Television | The combination of leading AI chips, leading AI models, energy independence, and the depth of US capital… |
| 2026-07-06 | Tom Lee (Fundstrat)Co-founder & head of research, Fundstrat | Bullish | CNBC Television | Q2 earnings will beat expectations again, compressing the market's PE further below its January level and… |
| 2026-07-01 | Ed YardeniPresident, Yardeni Research | Bullish | Soar Financially | Earnings-driven 'meltup' (FIMO — fabulous earnings momentum) fueled by a resilient economy, baby boomer… |
| 2026-06-26 | Jeremy GranthamCo-founder & long-term strategist, GMO | Bearish | CNBC Television | US equities remain overpriced by long-term valuation standards and have not yet been tested in a bear-market… |
| 2026-06-26 | Jeremy GranthamCo-founder & long-term strategist, GMO | Bearish | CNBC Television | By market-cap-to-GDP and other predictive valuation metrics, US equities are the most expensive in American… |
| 2026-06-26 | Kevin SmithCIO, Crescat Capital | Short | CNBC Closing Bell Overtime | Record valuations, tight credit spreads, deteriorating breadth, and hawkish Fed create conditions for a… |
| 2026-06-26 | Ryan DetrickChief market strategist, Carson Group | Bullish | The Compound | This bull market is only 3.5 years old versus a 7-year average for prior post-WWII cycles, market breadth… |
| 2026-06-26 | Michael HowellLiquidity strategist — CrossBorder Capital | Neutral | David Lin | Authorities will prevent aggressive enough tightening to crash equities in 2026, producing a range-bound… |
| 2026-06-25 | Jeremy GranthamCo-founder & long-term strategist, GMO | Bearish | The Diary Of A CEO | US stocks are at the biggest investment bubble in history driven by AI euphoria, trading at 35-40x earnings… |
| 2026-06-25 | Tom Lee (Fundstrat)Co-founder & head of research, Fundstrat | Bullish | Tom Lee | 2027 consensus EPS rose $48 YTD while the S&P's PE on those estimates actually contracted one turn (19.4 →… |
| 2026-06-25 | Mohnish PabraiFund manager — Pabrai Investment Funds | Bearish | interview | At a trailing PE of ~23x, historical data shows forward 10-year S&P returns have oscillated between -2% and… |
| 2026-06-24 | Marc FaberEditor, Gloom Boom & Doom Report | Bearish | Wealthion | Market breadth is historically narrow (only ~60% above 200-DMA vs 80% in a healthy bull), the rally is driven… |
| 2026-06-24 | Jeremy GranthamCo-founder & long-term strategist, GMO | Bearish | NA | US equities have moved from 'spectacular' to 'even more spectacular' valuation, and historically high PEs… |
| 2026-06-22 | Nouriel RoubiniEconomist; professor emeritus, NYU Stern | Bullish | Bloomberg Television | AI-driven productivity surge powers equity returns regardless of Fed policy moves, with market discipline… |
| 2026-06-22 | Tushar YadavaHead of markets, Model Portfolio Solutions, BlackRock | Bullish | Bloomberg ETF IQ | Equities likely move higher by year-end as earnings remain strong, but BlackRock is trimming overweight… |
| 2026-06-19 | Seth KlarmanCEO, Baupost Group | Bearish | Masters in Business | A massive wave of large IPOs (SpaceX, OpenAI, Anthropic) plus employee monetization pressure and simultaneous… |
| 2026-06-19 | David RosenbergEconomist — Rosenberg Research | Bearish | Rosenberg Research | A higher share of the US market now trades above 10x price-to-sales than at the 1999 tech bubble peak, AI… |
| 2026-06-18 | Ed YardeniPresident, Yardeni Research | Bullish | Fox Business | Earnings momentum (FIMO — fabulous earnings momentum) continues to accelerate, driving the index toward a… |
| 2026-06-18 | Ed YardeniPresident, Yardeni Research | Bullish | Bloomberg Podcasts | Fabulous earnings momentum (FEMO) — not valuation multiple expansion — is driving the bull market, with… |
| 2026-06-18 | Jeffrey GundlachCEO/CIO, DoubleLine Capital | Bearish | DoubleLine Capital | Near-50% index concentration in 10 names combined with the funding burden of the AI capex cycle represents… |
| 2026-06-17 | Joseph WangCIO, Monetary Macro | Bearish | Forward Guidance | Convergence of massive incoming equity supply (SpaceX lockup unlocks, Anthropic, Google, and Supermicro… |
| 2026-06-12 | Jeffrey GundlachCEO/CIO, DoubleLine Capital | Bearish | DoubleLine Capital | US equities trade at P/B of 5.7x vs 2.39x for ex-US, a gap wide enough to nearly match historical parity… |
| 2026-06-11 | Larry McdonaldFounder, The Bear Traps Report | Bearish | Macro Voices | Massive tech IPO capital raises ($200-250B immediate plus $3T lockup overhang) will drain liquidity from… |
| 2026-06-11 | Luke GromenMacro strategist — founder, FFTT | Bearish | Forward Guidance | The adjusted Warren Buffett metric (total equity market cap minus federal debt, divided by GDP) is at its… |
| 2026-06-08 | Jessica RabeCo-Founder, DataTrek Research | Bullish | The Compound | The S&P's current 2-standard-deviation 50-day return has historically been followed by positive 50-day… |
| 2026-06-05 | Tom Lee (Fundstrat)Co-founder & head of research, Fundstrat | Bearish | Tom Lee | A parabolic market lift over the past month has elevated expectations to levels that are now being sobered… |
| 2026-06-04 | Patrick Ceresna (Macro Voices)Co-host, MacroVoices & Market Huddle | Bearish | Macro Voices | The S&P 500 is in a short-term overbought condition after one of only four comparable rallies in 20 years… |
| 2026-06-04 | David SolomonCEO, Goldman Sachs | Bullish | Odd Lots | The 490 non-top-10 S&P 500 stocks trading at 17-20x forward earnings are attractively valued because… |
| 2026-06-03 | Michael HowellLiquidity strategist — CrossBorder Capital | Bearish | Wealthion | Rising inflation and elevated Treasury yields will compress PE multiples, causing equity market derating even… |
| 2026-06-02 | Jeremy GranthamCo-founder & long-term strategist, GMO | Bearish | Reuters | US equities are in a multi-year bubble that exceeded two-sigma thresholds years ago and has been artificially… |
| 2026-06-01 | Tom Lee (Fundstrat)Co-founder & head of research, Fundstrat | Bullish | Tom Lee | S&P 500 earnings came in $10 higher in Q1 alone, implying ~$40 upward revision for the full year which at a… |
| 2026-06-01 | Charles PayneHost, Making Money / Fox Business Network | Bullish | Fox Making Money | The AI-driven 'fourth industrial revolution' is a structural tailwind that makes this bull market a… |
| 2026-05-28 | George Goncalves (MUFG)Bond market strategist | Bearish | Wealthion | Valuations are extremely stretched but implicit government support prevents a structural collapse, though… |
| 2026-05-28 | Tom Lee (Fundstrat)Co-founder & head of research, Fundstrat | Bullish | Tom Lee | Q1 earnings came in at $80 vs. $70 expected — a $40 annualized beat — which mechanically justifies 800–1,000… |
| 2026-05-28 | Saira MalikCIO & head of Nuveen Equities and Fixed Income, Nuveen | Bullish | Bloomberg Open Interest | 20%-plus earnings growth forecast for 2026 supports S&P reaching at least 7,750 without requiring any… |
| 2026-05-28 | Ben SniderChief US equity strategist, Goldman Sachs | Bullish | Bloomberg Open Interest | 24% S&P 500 earnings growth in 2026 driven by AI infrastructure — with roughly half coming from AI stocks and… |
| 2026-05-28 | Michael BurryFounder, Scion Asset Management | Bearish | Cooper Academy | Passive indexing has made the entire US equity market move in lockstep so there is no longer a value-stock… |
| 2026-05-27 | Michael Green (Simplify)Chief Strategist & PM, Simplify | Bearish | Wealthion | Passive investing mechanics have inflated equity valuations to the point where forward expected returns are… |
| 2026-05-27 | Ed YardeniPresident, Yardeni Research | Bullish | Bloomberg Television | Fabulous earnings momentum (FEMO) — accelerating earnings growth on a resilient, recession-free economy —… |
| 2026-05-26 | Rick RiederCIO of Global Fixed Income, BlackRock | Bullish | Cresset Family Office | US equities generating roughly 20% ROE are systematically underestimated relative to fixed income… |
| 2026-05-25 | Jeremy GranthamCo-founder & long-term strategist, GMO | Bearish | Behind the Balance Sheet | US market is at 2/3 of global market cap with extreme valuations while non-US developed and emerging markets… |
| 2026-05-22 | Mohnish PabraiFund manager — Pabrai Investment Funds | Bearish | My First Million | At current P/E levels (~23x), historical data shows the index's forward 10-year returns oscillate between -2%… |
| 2026-05-22 | Cliff AsnessCo-founder/CIO, AQR Capital | Bearish | Excess Returns | Shiller CAPE near 40 (second highest in history) makes the US market's 5-10 year prospective returns look… |
| 2026-05-20 | Tom Lee (Fundstrat)Co-founder & head of research, Fundstrat | Bullish | Meb Faber | Structural tailwinds and weak investor conviction support continued upside, with a year-end 2026 target of… |
| 2026-05-19 | Jay Hatfield (Infrastructure Capital)CEO, Infrastructure Capital Advisors | Bullish | Bloomberg Open Interest | AI boom has driven 2027 EPS estimates up 11% (350→385), supporting a 21x multiple even with the Strait closed… |
| 2026-05-19 | Racquel OdenHead of wealth & private banking, HSBC | Bullish | Bloomberg Open Interest | Corporate earnings are tracking 21% growth versus the 14% projected at year-start, with an 84% beat rate well… |
| 2026-05-18 | Christine BenzDirector of personal finance & retirement planning, Morningstar | Bearish | Bloomberg The Close | Non-US stocks offer higher dividend yields and more attractive valuations than US equities; global market-cap… |
| 2026-05-16 | Jeremy GranthamCo-founder & long-term strategist, GMO | Bearish | Excess Returns | The 2021 bubble was only halfway deflated before being resuscitated by unprecedented AI capex, leaving a… |
| 2026-05-15 | Tom Lee (Fundstrat)Co-founder & head of research, Fundstrat | Bullish | Meb Faber | Structural tailwinds and weak investor conviction (not euphoria) support continued upside, with a year-end… |
| 2026-05-14 | Michael Green (Simplify)Chief Strategist & PM, Simplify | Bullish | Macro Voices | Mechanical 401k and passive fund inflows continue regardless of macro news, creating a persistent bid that… |
| 2026-05-14 | Erik TownsendHost, MacroVoices podcast | Short | Macro Voices | Despite the market's mechanical levitation, the unpriced economic shock from the Hormuz energy crisis… |
| 2026-05-11 | Ed YardeniPresident, Yardeni Research | Bullish | CNBC Television | Record corporate earnings, resilient consumer spending backed by $89T baby boomer net worth, AI-driven… |
| 2026-05-07 | Paul Tudor JonesFounder/CIO, Tudor Investment Corp | Bullish | CNBC Television | Price multiples and earnings comparisons place the market at the equivalent of Q4 1999, suggesting ~40% more… |
| 2026-05-07 | Michael Green (Simplify)Chief Strategist & PM, Simplify | Bearish | Julia La Roche Show | Traditional DCF analysis shows ~75% of current market value rests in terminal value assumptions rather than… |
| 2026-05-06 | Nouriel RoubiniEconomist; professor emeritus, NYU Stern | Bullish | iCapital | AI and a broader Cambrian explosion of technology will drive US potential growth from ~2% toward 4%… |
| 2026-05-06 | Kevin HassettDirector, National Economic Council | Bullish | Fox Mornings with Maria | AI productivity boom is feeding through an earnings boom while the Big Beautiful Bill's full expensing and… |
| 2026-05-05 | Rick RiederCIO of Global Fixed Income, BlackRock | Bullish | Bloomberg The Close | Buyback-driven supply scarcity, corporate pricing power confirmed in earnings, and 5-6% nominal GDP growth… |
| 2026-05-05 | Hepsen UzcanCEO, DWS Americas | Bearish | Bloomberg The Close | A structural 30-year shift in capital allocation away from US-only concentration is underway as Japanese… |
| 2026-05-04 | Tom Lee (Fundstrat)Co-founder & head of research, Fundstrat | Bullish | Tom Lee | Earnings estimates are rising as AI drives productivity, investors remain underinvested with significant cash… |
| 2026-04-30 | Rob ArnottFounder & chairman, Research Affiliates | Neutral | Money Maze Podcast | Non-US equities remain cheap on valuation even after some mean reversion versus US equities, offering a… |
| 2026-04-29 | Bill AckmanCEO, Pershing Square | Bullish | TheStreet | Strong economic tailwinds from pro-investment tax policy, AI infrastructure build-out, energy infrastructure… |
| 2026-04-28 | Paul Tudor JonesFounder/CIO, Tudor Investment Corp | Bearish | Invest Like The Best | At a stock-market-cap-to-GDP ratio of 252% and a P/E of ~22, historical data shows 10-year forward returns… |
| 2026-04-27 | Ed YardeniPresident, Yardeni Research | Bullish | CNBC-TV18 | Earnings are at all-time record highs driven by IT and energy, the AI trade provides structural global… |
| 2026-04-27 | Tom Lee (Fundstrat)Co-founder & head of research, Fundstrat | Bullish | Tom Lee | Earnings estimates are rising, AI is delivering real productivity gains, and risk premia will compress as… |
| 2026-04-25 | Chris BloomstranPresident & CIO, Semper Augustus Investments | Bearish | The Investor’s Podcast | The S&P 500 at 26x earnings against the second-highest profit margin in stock market history historically… |
| 2026-04-23 | Lyn AldenIndependent macro strategist | Bullish | Cem Karsan | Fiscal dominance structurally keeps nominal GDP elevated and asset prices rising in currency terms even if… |
| 2026-04-21 | Josh Brown (Ritholtz)CEO, Ritholtz Wealth Management | Bullish | interview | 30% gains over 18-24 months are historically consistent with prior rally patterns and current FOMO dynamics… |
| 2026-04-21 | Sinead Colton GrantCIO, BNY Wealth | Bullish | Bill Miller | Double-digit earnings growth with broadening participation beyond tech supports $315 EPS and a year-end S&P… |
| 2026-04-21 | Tom Lee (Fundstrat)Co-founder & head of research, Fundstrat | Bullish | Tom Lee | Retail investors returning from sidelines will chase the rally, earnings estimates are rising, and the war… |
| 2026-04-20 | Jeremy GranthamCo-founder & long-term strategist, GMO | Bearish | The Master Investor Podcast with Wilfred Frost | US market sits at one of the two or three highest valuations in history precisely when macro headwinds are… |
| 2026-04-19 | Andrew PogueFounder, Underlying Value (Substack) | Bearish | Sunday's Idea Brunch | Rich US valuations, an unsustainable fiscal deficit, a long-term current-account deficit, and a pivot to… |
| 2026-04-17 | Jeremy GranthamCo-founder & long-term strategist, GMO | Bearish | Library of Mistakes | US market is as overpriced as 1929 or 2000 bubble peaks, operating in an 'unbelievably dangerous environment… |
| 2026-04-14 | Larry FinkChairman/CEO, BlackRock | Bullish | CNBC Television | Long-term investors who bought every major dip — dot-com bust, GFC, COVID — made over 8x their money since… |
| 2026-04-13 | Tom Lee (Fundstrat)Co-founder & head of research, Fundstrat | Bullish | Tom Lee | Defense spending stimulus (~$30-60B/month) outweighs the household energy cost burden from higher oil prices… |
| 2026-04-13 | Bill AckmanCEO, Pershing Square | Bullish | Pershing Square | AI infrastructure boom, energy buildout, major infrastructure spending, and the new tax bill with investment… |
| 2026-04-10 | Felix JauvinCo-host, Forward Guidance (Blockworks) | Short | interview | Ceasefire is largely fake (Strait still closed), positioning rinse is complete, inflation is re-accelerating… |
| 2026-04-10 | Steve SosnickChief Strategist, Interactive Brokers | Neutral | interview | Midterm election years have historically been the market's worst years recently, and markets tend to… |
| 2026-04-08 | Michael HowellLiquidity strategist — CrossBorder Capital | Neutral | The Bitcoin Layer | Fed liquidity is flatlining at best under current RMP policy, and the private-sector liquidity drawdown from… |
| 2026-04-06 | Tom Lee (Fundstrat)Co-founder & head of research, Fundstrat | Bullish | Tom Lee | High oil prices benefit US equities on three fronts: the US is a net energy exporter, competitors in Asia are… |
| 2026-04-06 | Rob ArnottFounder & chairman, Research Affiliates | Bearish | Brad Roth | Non-US stocks, especially on the value side, are extraordinarily cheap relative to US equities, and Arnott's… |
| 2026-04-02 | Ed YardeniPresident, Yardeni Research | Bullish | CNBC Television | The Iran conflict has an effective exit ramp via US de-escalation, removing the worst-case scenario overhang… |
| 2026-04-01 | Brent JohnsonCEO, Santiago Capital | Bullish | Julia La Roche Show | In three of four plausible macro scenarios the US outperforms the rest of the world due to superior… |
| 2026-04-01 | Kara MurphyCIO, Kestra Investment Management | Neutral | Bloomberg Open Interest | Continued dollar weakening cycle, extraordinarily low valuations, and improving earnings outside the US make… |
| 2026-03-31 | Jeffrey GundlachCEO/CIO, DoubleLine Capital | Bearish | interview | US equities at more than double the price-to-book of rest-of-world equities represents extraordinary… |
| 2026-03-31 | Cameron DawsonCIO, NewEdge Wealth | Bearish | Bloomberg Open Interest | At 19x forward P/E—still above the 80th historical percentile—with consensus baking in 16% EPS growth… |
| 2026-03-30 | Mohamed El-ErianChief economic adviser, Allianz | Bearish | CNBC Television | War is triggering a cascading sequence from energy price shock to broader inflation shock to demand… |
| 2026-03-27 | Jeffrey GundlachCEO/CIO, DoubleLine Capital | Bearish | Julia La Roche Show | US equity P/B is more than double the rest of the world — an extraordinary overvaluation — and a secular… |
| 2026-03-26 | Chris DavisChairman, Davis Advisors | Bearish | InvestmentNews TV | The S&P 500 index has become a concentrated momentum/growth trade at 26x earnings, creating a valuation… |
| 2026-03-25 | Mohnish PabraiFund manager — Pabrai Investment Funds | Neutral | My First Million | At a PE ratio of ~23, historical data shows S&P 500 buyers have earned annualized returns of between +2% and… |
| 2026-03-24 | Michael OliverFounder, Momentum Structural Analysis | Bearish | Lacy Hunt | Technical momentum indicators signal the stock market is breaking down from the biggest bubble in history… |
| 2026-03-23 | Mohnish PabraiFund manager — Pabrai Investment Funds | Bearish | Pabrai Wagons ETF | The S&P 500 is heavily concentrated in Mag 7 and high-valuation tech names after an extreme run-up, making it… |
| 2026-03-23 | Jeremy GranthamCo-founder & long-term strategist, GMO | Bearish | Capital Allocators with Ted Seides | US stocks are too high-priced from top to toe relative to historical valuation norms, making them… |
| 2026-03-19 | François RochonPresident & Portfolio Manager, Giverny Capital | Bearish | Francois Rochon | At 25x trailing P/E — 40% above the historical median of 18x — S&P 500 forward returns over the next 5-10… |
| 2026-03-18 | Jeffrey GundlachCEO/CIO, DoubleLine Capital | Bearish | DoubleLine Capital | US budget deficit expanding at ~$2T/year pace pushes national debt above $39T, weakening the dollar and… |
| 2026-03-18 | Eddie GhabourCo-founder & CEO, Key Advisors Wealth Management | Bearish | Fox Varney & Co | Elevated gas and diesel prices will sustain inflation, push the 10-year yield higher, and force the Fed into… |
| 2026-03-16 | Jeremy GranthamCo-founder & long-term strategist, GMO | Bearish | LifeWorthLiving | US market is in a major bubble with PE ~31 that institutional professionals themselves agree must revert… |
| 2026-03-12 | Patrick Ceresna (Macro Voices)Co-host, MacroVoices & Market Huddle | Short | Macro Voices | Structural weakness in mega-cap tech, private credit redemption pressure, and systematic flow triggers being… |
| 2026-03-10 | Ed YardeniPresident, Yardeni Research | Bullish | Bloomberg Television | Roaring 2020s secular bull market thesis remains intact despite near-term volatility, with continued wealth… |
| 2026-03-10 | Ed YardeniPresident, Yardeni Research | Bullish | Bloomberg Podcasts | Strong earnings growth and a productivity comeback driven by AI keep the economy resilient enough to reach… |
| 2026-03-09 | Mohamed El-ErianChief economic adviser, Allianz | Bearish | CNBC Television | Markets are pricing an 80% probability of a temporary/reversible shock but El-Erian sees it as only 50%… |
| 2026-03-06 | Ed YardeniPresident, Yardeni Research | Bullish | Fox Business | Geopolitical crises in the Middle East historically are buying opportunities, and strong productivity… |
| 2026-03-05 | David RosenbergEconomist — Rosenberg Research | Bearish | Adam Taggart | Thoughtful Money® | CAPE near 40x (second-highest on record) combined with a near-zero or negative equity risk premium against… |
| 2026-03-02 | Jeffrey GundlachCEO/CIO, DoubleLine Capital | Bearish | DoubleLine Capital | US equities trade at price-to-book more than 2.5x the rest of the world, foreign capital repatriation is… |
| 2026-03-02 | Howard MarksCo-chairman, Oaktree Capital | Bearish | Pepperdine University | After one of the six best 3-year runs in S&P 500 history fueled by a sentiment swing from pessimism to… |
| 2026-03-02 | Michael HowellLiquidity strategist — CrossBorder Capital | Bearish | 51 Insights | Global liquidity cycle is in a confirmed downswing; a stronger real economy drains liquidity from financial… |
| 2026-02-27 | Aswath DamodaranProfessor of finance, NYU Stern | Bearish | Meb Faber | US equities are richly priced with implied equity risk premium near historical averages, but a painful global… |
| 2026-02-26 | Lacy HuntChief economist, Hoisington Investment | Bearish | Investor Insight Channel | Equity valuations are at historically extreme levels by multiple measures (Shiller PE, Buffett indicator)… |
| 2026-02-19 | Erik TownsendHost, MacroVoices podcast | Bearish | Macro Voices | Midterm election uncertainty creates escalating headwinds as markets increasingly price in the risk of… |
| 2026-02-18 | Nouriel RoubiniEconomist; professor emeritus, NYU Stern | Bullish | Bloomberg Television | A productivity-driven growth acceleration from AI, robotics, quantum, biotech, and related technologies will… |
| 2026-02-14 | Michael Green (Simplify)Chief Strategist & PM, Simplify | Bearish | Michael Green | 401k opt-out rules and the qualified default investment alternative have mechanically concentrated $28… |
| 2026-02-06 | Ed YardeniPresident, Yardeni Research | Bullish | CNBC Television | The Magnificent 7 must sell their technologies to the rest of the S&P 500, meaning AI benefits broaden out to… |
| 2026-01-31 | Tom Lee (Fundstrat)Co-founder & head of research, Fundstrat | Bullish | Tom Lee | Earnings growth is accelerating globally, market breadth is broadening, and the new Fed chair is unlikely to… |
| 2026-01-30 | Russell NapierMarket strategist & financial historian | Bearish | Meb Faber | US equities are at historically extreme valuations (Shiller CAPE above 40) while institutional investors are… |
| 2026-01-29 | Savita SubramanianHead of US Equity Strategy, BofA | Bullish | CNBC Fast Money Final Trade | Broadening away from mega-cap toward equal-weight and small caps is supported by capex investment, clearer… |
| 2026-01-29 | Michael Green (Simplify)Chief Strategist & PM, Simplify | Short | Michael Green | Passive investing penetration (~54% in US equities) creates self-catalyzing systemic instability — at ~80-85%… |
| 2026-01-23 | Tom Lee (Fundstrat)Co-founder & head of research, Fundstrat | Neutral | Tom Lee | International stocks outperformed US equities in the prior year, making them crowded trades most vulnerable… |
| 2026-01-22 | Larry FinkChairman/CEO, BlackRock | Bullish | Bloomberg Podcasts | The US economy is growing strongly (estimated 5%+ GDP in Q1) driven by AI capex, making the US one of the… |
| 2026-01-22 | Mohamed El-ErianChief economic adviser, Allianz | Bearish | CNBC Television | Market believes policy resets are repeatable so buy-the-dip remains valid, but El-Erian warns the US growth… |
| 2026-01-22 | Ed YardeniPresident, Yardeni Research | Bullish | CNBC Television | A resilient US economy with no recession in sight drives strong earnings growth, fueling an earnings-led… |
| 2026-01-22 | Cliff AsnessCo-founder/CIO, AQR Capital | Bearish | interview | 75–85% of US outperformance vs world since 1990 came from valuation expansion rather than fundamentals… |
| 2026-01-21 | Cem KarsanFounder & CIO, Kai Volatility Advisors | Bearish | Forward Guidance | The 1962–1982 analog — the closest historical parallel to current populist/inflationary cycle — saw every… |
| 2026-01-21 | David RosenbergEconomist — Rosenberg Research | Bearish | interview | The Shiller CAPE at 40 is a 3-sigma event — higher than 1929 and the Nifty50 peak — and every historical… |
| 2026-01-21 | Charles PayneHost, Making Money / Fox Business Network | Bullish | interview | Equities only need the perception that the Fed's next move is a cut — not the magnitude — to keep rallying… |
| 2026-01-20 | Charles PayneHost, Making Money / Fox Business Network | Bullish | Jeffrey Gundlach | AI-driven productivity is expanding corporate profit margins from ~10% to ~20% and creating a jobless… |
| 2026-01-19 | Michael Green (Simplify)Chief Strategist & PM, Simplify | Bearish | Michael Green | Passive investing has created near-perfectly inelastic demand for large caps via flow-driven multiplier… |
| 2026-01-19 | Jeremy GranthamCo-founder & long-term strategist, GMO | Bearish | interview | Historically extreme US valuations mathematically guarantee low-to-negative returns over the next decade… |
| 2026-01-15 | Larry FinkChairman/CEO, BlackRock | Bullish | CNBC Television | American exceptionalism and above-trend US economic growth over the next several years justify long-term… |
| 2026-01-15 | Terry SmithFounder & CIO, Fundsmith | Bearish | Seth Klarman | Sixteen years without a genuine economic downturn, passive index inflows now exceeding 50% of AUM are… |
| 2026-01-13 | Nouriel RoubiniEconomist; professor emeritus, NYU Stern | Bullish | Bloomberg Television | A broad technology-driven productivity revolution is lifting US potential growth from 1.8% toward 4% by 2030… |
| 2026-01-13 | Ed YardeniPresident, Yardeni Research | Bullish | In the Money | The 493 companies outside the Mag 7 are the actual beneficiaries of AI-driven productivity gains, with… |
| 2026-01-12 | Grant WilliamsFinancial writer & podcast host | Bearish | Grant Williams Podcast | The 40-year tailwind of rising stocks, falling rates, and globalization has reversed; buy-the-dip as a… |
| 2026-01-09 | Karen Finerman (Metropolitan)CEO, Metropolitan Capital Advisors | Short | CNBC Fast Money Final Trade | VIX is currently cheap making downside protection via SPY puts inexpensive, an attractive risk/reward to… |
| 2026-01-08 | Marc FaberEditor, Gloom Boom & Doom Report | Bearish | Meb Faber | US equities are in a bubble (65% of global market cap, extreme valuations by price-to-sales/book/earnings)… |
| 2026-01-08 | Terry SmithFounder & CIO, Fundsmith | Bullish | Superinvestors | The US hosts the world's largest economy, deepest capital markets, and the greatest concentration of… |
| 2026-01-05 | Tom Lee (Fundstrat)Co-founder & head of research, Fundstrat | Bullish | Tom Lee | Tariffs anniversarying, Fed cutting, ISM potentially turning above 50, and strong earnings growth across… |
| 2026-01-05 | Tom Lee (Fundstrat)Co-founder & head of research, Fundstrat | Bullish | Tom Lee | Tariffs anniversarying, Fed cutting, ISM recovering above 50, and strong earnings growth across multiple… |
| 2026-01-05 | Howard MarksCo-chairman, Oaktree Capital | Neutral | interview | The S&P 500 is priced for subnormal returns of roughly 2% or less because the non-Mag7 constituents trade at… |
| 2025-12-30 | Luke GromenMacro strategist — founder, FFTT | Bullish | Network State Podcast | Because stock market gains drive capital gains taxes that are the marginal source of US federal tax receipts… |
| 2025-12-29 | Ben SniderChief US equity strategist, Goldman Sachs | Bullish | interview | Broad earnings growth remains strong (S&P 500 +12% EPS in Q3, S&P 493 consistent ~15%/yr for three… |
| 2025-12-29 | Ben LevisohnMarkets editor, Barron's | Bearish | Barron's Roundtable | After three consecutive years of strong gains, AI trade complexity, Fed policy uncertainty, and midterm… |
| 2025-12-28 | Ben FelixCIO, PWL Capital | Neutral | interview | Elevated US valuations historically correlate with lower future returns, and extreme index concentration… |
| 2025-12-19 | David RosenbergEconomist — Rosenberg Research | Bearish | Kitco NEWS | Shiller CAPE at 40x is the 6th mega-bubble of the past century; at this multiple, historical expected returns… |
| 2025-12-18 | Ed YardeniPresident, Yardeni Research | Bullish | WEALTHTRACK | Roaring 2020s productivity boom sustains 3–3.5% real GDP growth and high profit margins with no recession… |
| 2025-12-17 | Mark MossYouTube host — macro & Bitcoin | Bullish | Michael Burry | Burry placed a $1.6 billion short against the S&P 500 in 2023 based on bearish macro outlook, but Moss… |
| 2025-12-16 | Ed YardeniPresident, Yardeni Research | Bullish | CNBC Television | Strong productivity growth driven by AI adoption and a robust labor market will sustain 3-3.5% real GDP… |
| 2025-12-15 | Tom Lee (Fundstrat)Co-founder & head of research, Fundstrat | Bearish | Tom Lee | Without a new Fed chair and no Fed put yet in play, the first half of 2026 lacks a key market backstop… |
| 2025-12-15 | Michael BurryFounder, Scion Asset Management | Short | Jim Willie | With over 50% of assets in passive index funds there are no active stock pickers to rotate into value names… |
| 2025-12-13 | Bill NygrenPortfolio manager, Oakmark Funds | Bearish | Fox Business | The S&P 500 has become a highly concentrated technology mega-cap growth fund over the past decade, making it… |
| 2025-12-12 | Tom Lee (Fundstrat)Co-founder & head of research, Fundstrat | Bullish | Tom Lee | Despite an expected 20% drawdown in 2026, the absence of leverage in the economy means the correction will be… |
| 2025-12-11 | Tom Lee (Fundstrat)Co-founder & head of research, Fundstrat | Bullish | Tom Lee | A dovish new Fed chair, White House put, and QT ending create tailwinds for equities, driving S&P 500 to… |
| 2025-12-11 | Tom Lee (Fundstrat)Co-founder & head of research, Fundstrat | Bullish | Tom Lee | Fed put returning under new dovish chair plus White House put creates tailwinds for equities, driving S&P to… |
| 2025-12-08 | Ed YardeniPresident, Yardeni Research | Neutral | Bloomberg Television | US now constitutes 65% of MSCI world market cap after 15 years of stay-home outperformance, making a… |
| 2025-12-04 | Marko PapicGeopolitical macro strategist | Bullish | Macro Voices | Erosion of Fed independence historically benefits equities as the central bank loses its role as the 'prudent… |
| 2025-12-03 | Michael BurryFounder, Scion Asset Management | Short | Oksana | Over 50% of money is now passive/index, meaning when the market falls there is no rotation into ignored value… |
| 2025-12-02 | Michael BurryFounder, Scion Asset Management | Short | interview | With over 50% of money now passive/index-driven and fewer than 10% of assets actively managed on a long-term… |
| 2025-12-01 | Tom Lee (Fundstrat)Co-founder & head of research, Fundstrat | Bullish | Tom Lee | QT ending (effectively QE starting), Fed rate cut in December, seasonal tailwinds, and performance chasing by… |
| 2025-11-28 | Russell NapierMarket strategist & financial historian | Bearish | Prime Quadrant | Global capital repatriation — as surplus nations redirect savings to fund domestic industrial policy rather… |
| 2025-11-28 | Ed YardeniPresident, Yardeni Research | Bullish | Bloomberg Podcasts | The 493 S&P 500 companies outside the Mag 7 are direct beneficiaries of the productivity gains Mag 7… |
| 2025-11-26 | Luke GromenMacro strategist — founder, FFTT | Bullish | Market Disruptors Podcast | Running the economy hot with financial repression inflates nominal asset prices; fiscal dominance forces the… |
| 2025-11-25 | Martín EscobariCo-President & head of global growth equity, General Atlantic | Bearish | Invest Like the Best | US public equities at the 97th percentile of 25-year valuations (26x earnings for 4% growth), combined with… |
| 2025-11-17 | Jeffrey GundlachCEO/CIO, DoubleLine Capital | Bearish | interview | US equities are in a speculative mania driven by AI/data center enthusiasm that prices in transformative… |
| 2025-11-12 | Meb FaberCo-founder & CIO, Cambria | Bearish | Capital Considered | US equities at a CAPE ratio of 40 — the second highest ever — have historically produced roughly zero real… |
| 2025-11-10 | Ed YardeniPresident, Yardeni Research | Bullish | CNBC Television | An earnings-led meltup with S&P 500 earnings growing ~14% YoY versus the ~6.5% expected keeps providing… |
| 2025-11-06 | Lacy HuntChief economist, Hoisington Investment | Bearish | LifeWorthLiving | The US economy is far more fragile than recognized, with the normally resilient service sector flatlining… |
| 2025-11-05 | Bill NygrenPortfolio manager, Oakmark Funds | Bearish | The World According To Boyar | The S&P 500 has morphed from a broadly diversified index into a concentrated mega-cap technology growth fund… |
| 2025-11-05 | Bill NygrenPortfolio manager, Oakmark Funds | Bearish | The World According To Boyar | The S&P 500 has become a concentrated mega-cap technology growth fund, not a diversified index, so passive… |
| 2025-11-02 | Jeremy GranthamCo-founder & long-term strategist, GMO | Bearish | Cooper Academy | US equities are at the highest valuation in history by multiple measures (Shiller PE ~39, Wilshire 5000/GDP… |
| 2025-10-26 | François RochonPresident & Portfolio Manager, Giverny Capital | Bearish | Francois Rochon | The SNP 500 is trading at 24-25x forward earnings versus a historical average of 16-17x, creating a valuation… |
| 2025-10-24 | Quinn ThompsonFounder & CIO, Lekker Capital | Bullish | Forward Guidance | Extreme fear indicators (fear/greed at 25, record selling, HY outflows, fourth-largest VIX spike in three… |
| 2025-10-24 | Tyler NevilleTrader, Muddy Waters Capital | Bullish | Forward Guidance | QT ending, further Fed rate cuts, the OBBA fiscal stimulus, and potential tariff de-escalation create a clear… |
| 2025-10-23 | Brett RentmeesterCIO, Jaggi Family Office | Bearish | Wealthion | Technology sector P/S is higher than the 1999 peak and top-10 names represent 39% of the S&P 500, creating… |
| 2025-10-22 | Mike NovogratzFounder/CEO, Galaxy Digital | Bullish | CNBC Television | S&P chart is less than 1% from a technical breakout level and ample liquidity plus the AI narrative suggest… |
| 2025-10-22 | Sven HenrichFounder, NorthmanTrader | Bullish | Lacy Hunt | The weekly 5 EMA has repeatedly acted as support since the April 2024 lows and has just been recaptured… |
| 2025-10-22 | Tom Lee (Fundstrat)Co-founder & head of research, Fundstrat | Bullish | Tom Lee | ISM below 50 for 31 months historically signals mid/early cycle (never late cycle), combined with strong… |
| 2025-10-22 | Kevin MuirIndependent trader — The Macro Tourist | Bearish | Wealthion | US market concentration at 1929/2000/1962 levels and 23x forward earnings leaves no identifiable edge for… |
| 2025-10-20 | Jessica RabeCo-Founder, DataTrek Research | Bullish | The Compound | Seasonality strongly favors a Q4 melt-up since the S&P peaks in December 53% of the time with an average 22%… |
| 2025-10-20 | Eddie GhabourCo-founder & CEO, Key Advisors Wealth Management | Bullish | Fox Varney & Co | Investors are underestimating the growth trajectory heading into 2026, which supports 15-20% additional… |
| 2025-10-14 | Larry FinkChairman/CEO, BlackRock | Bullish | CNBC Television | Staying invested through crises (dot-com, financial crisis, COVID) still produced 8% compounded returns over… |
| 2025-10-14 | Sven CarlinFounder, Sven Carlin Research Platform | Bearish | Wealthion | PE of 30 vs historical sub-20, dividend yield of 1.2% vs historical 4%, with over 50% of recent gains… |
| 2025-10-10 | Tyler NevilleTrader, Muddy Waters Capital | Bullish | Forward Guidance | Convergence of falling fed funds rate (toward 2.5%), persistent fiscal deficit (6–7%), and AI capex buildout… |
| 2025-10-10 | Quinn ThompsonFounder & CIO, Lekker Capital | Bearish | Forward Guidance | Risk-reward for the large cap index is poor given stretched multiples and 40% concentration in mega-cap AI… |
| 2025-10-08 | George RobertsonAuthor, The Monetary Frontier | Short | Forward Guidance | Massive fiscal tightening from tariffs (~$200-300B corporate tax drag) plus DOGE job cuts have caused a ~4… |
| 2025-10-05 | Denise ChisholmDirector, Quantitative Market Strategy, Fidelity Investments | Bullish | The Compound | All three of her top quantitative indicators are constructive simultaneously: median earnings growth is muted… |
| 2025-10-02 | Tom Lee (Fundstrat)Co-founder & head of research, Fundstrat | Bullish | Tom Lee | The median S&P 500 stock trades at 17x forward earnings (not the expensive MAG-7 skewed average), US… |
| 2025-09-24 | Michael BatnickManaging Partner, Ritholtz Wealth | Bullish | The Compound | Oracle breaking the cash-flow-funded AI spending model forces Amazon, Microsoft, and Google into a… |
| 2025-09-20 | Meb FaberCo-founder & CIO, Cambria | Bearish | Dividend Stockpile | US equities are near historical valuation extremes (10-year CAPE ~40, S&P yield at record-low 1.2%), and the… |
| 2025-09-18 | Jeffrey GundlachCEO/CIO, DoubleLine Capital | Bearish | DoubleLine Capital | US stocks have priced in aggressive rate cuts and AI-driven growth similarly to how electricity stocks… |
| 2025-09-17 | Ben FinserFounder & portfolio manager, Fin Capital Management | Bearish | Planet MicroCap | US outperformance since the financial crisis is a cyclical phenomenon that has already far exceeded the… |
| 2025-09-15 | Nick ColasCo-Founder, DataTrek Research | Bullish | The Compound | Mega-cap companies today are materially superior businesses vs their 1999 counterparts — higher ROE, better… |
| 2025-09-11 | Bill NygrenPortfolio manager, Oakmark Funds | Bullish | CNBC Television | Roughly 150 S&P 500 stocks still trade under 14x earnings today — the same count as 7 years ago — meaning the… |
| 2025-09-09 | Rick RiederCIO of Global Fixed Income, BlackRock | Bullish | CNBC Television | Extraordinary technicals driven by buybacks massively dwarfing the IPO calendar (~$1T vs ~$50-60B), strong… |
| 2025-08-31 | Lacy HuntChief economist, Hoisington Investment | Bearish | Adam Taggart | Equity valuations are at 230-year PE highs per Malkiel, Buffett's market-cap-to-GDP is at all-time highs, and… |
| 2025-08-29 | Joe DuranCEO, Rise Growth Partners | Neutral | Wealthion | With seven stocks now driving 34% of S&P 500 market cap at valuations resembling 1999, shifting to… |
| 2025-08-25 | Dave CollumProfessor of Chemistry, Cornell University | Bearish | Wealthion | Shiller CAPE at 38-39 versus 110-year historical average of 12-13 implies a 65-70% regression-to-mean… |
| 2025-08-21 | Howard MarksCo-chairman, Oaktree Capital | Bearish | Bloomberg Podcasts | Stocks are expensive relative to fundamentals after 16 years without a serious correction, driving investor… |
| 2025-08-20 | Howard MarksCo-chairman, Oaktree Capital | Bearish | Bloomberg Television | US stocks are expensive relative to fundamentals after 16 years without a serious correction, with elevated… |
| 2025-08-18 | Jim BiancoMacro strategist — Bianco Research | Bullish | Wealthion | Extreme S&P valuations compress forward equity returns to low single digits (~6% annually), making bonds at… |
| 2025-08-15 | Brent JohnsonCEO, Santiago Capital | Short | Forward Guidance | Confluence of rare simultaneous signals — CTAs 95% long, VIX and bond vol at lows, momentum diverging from… |
| 2025-08-15 | Peter BoockvarCIO, OnePoint BFG Wealth Partners | Bearish | Wealthion | A decade of US market dominance has created extreme valuation disparity; the pendulum is swinging back in a… |
| 2025-08-15 | Andy SchwartzCo-Founder & Managing Partner, Bleakley Financial Group | Neutral | Wealthion | Non-US equities trade at significantly cheaper multiples than the US and the weakening dollar provides an… |
| 2025-08-08 | Kevin GrimesCEO & CIO, Grimes & Company | Bearish | Wealthion | S&P forward PE near 23x, RSI hit 75, market up 25% in four months from April lows — technically and… |
| 2025-08-04 | Vincent DeluardGlobal Macro Strategist, StoneX | Bullish | Hidden Forces | Fiscal dominance suppresses real interest rates, boosts corporate profits via government deficit spending… |
| 2025-08-01 | Quinn ThompsonFounder & CIO, Lekker Capital | Bearish | Forward Guidance | Near-term August seasonal weakness combined with JPMorgan squeeze sentiment at 2021 highs and retail options… |
| 2025-08-01 | Tyler NevilleTrader, Muddy Waters Capital | Bullish | Forward Guidance | Global sovereigns are migrating out of nationalized bond markets and treating the S&P as a store of value… |
| 2025-07-30 | Danny DayanCIO, DWD Partners | Bullish | Forward Guidance | Inflation at 3–4% is benign for equity revenues, dollar weakness flatters the ~30% of S&P revenues from… |
| 2025-07-30 | Joseph WangCIO, Monetary Macro | Bearish | Forward Guidance | Tariffs act as a tax increase, monetary policy is more restrictive than markets expected, and these policies… |
| 2025-07-29 | Jason KatzManaging director, wealth management, UBS | Bullish | Fox Varney & Co | Rally is fundamentals-driven rather than euphoria-fueled, and institutional investors who missed the move may… |
| 2025-07-28 | Michael CembalestChairman of Market and Investment Strategy, J.P. Morgan Asset Management | Bullish | The Compound | After the liberation-day tariff selloff produced a 20% correction, historical base rates going back 100 years… |
| 2025-07-23 | Michael Green (Simplify)Chief Strategist & PM, Simplify | Bearish | Wealthion | Passive inflows have created Ponzi-like valuation dynamics (index at 3× sales, leaders at 5–15× sales) where… |
| 2025-07-15 | Tom HayesFounder & chairman, Great Hill Capital | Bullish | Fox Varney & Co | Every V-shaped recovery of this magnitude since 1950 has been followed by an additional ~22% gain over the… |
| 2025-07-11 | Ryan DetrickChief market strategist, Carson Group | Bullish | The Compound | No recession visible with economy growing ~1.5%, forward S&P earnings at all-time record $281/share, profit… |
| 2025-07-10 | Jeremy GranthamCo-founder & long-term strategist, GMO | Bearish | Master Investor | The US market is at its highest valuation in history by serious measures, comparable only to 1929, 2000, and… |
| 2025-07-10 | Raoul PalCo-founder, Real Vision; ex-GLG PM | Neutral | Forward Guidance | The S&P 500 only breaks even against the 8% fiat debasement rate, adding no real purchasing-power value… |
| 2025-07-10 | Michael DellChairman & CEO, Dell Technologies | Bullish | Bg2 Pod | AI-driven productivity gains will enable a large share of companies to compound earnings on a double-digit… |
| 2025-07-10 | Marc FaberEditor, Gloom Boom & Doom Report | Bearish | Wealthion | US equities are highly priced relative to deteriorating geopolitical conditions and dangerous wealth… |
| 2025-07-09 | Raoul PalCo-founder, Real Vision; ex-GLG PM | Neutral | Forward Guidance | The S&P 500 adjusted for global liquidity/fiat debasement produces essentially zero real return; in… |
| 2025-07-08 | Peter BoockvarCIO, OnePoint BFG Wealth Partners | Neutral | Wealthion | At ~24x earnings with a 1% dividend yield and the Mag 7 leadership splintering, the S&P 500 is mathematically… |
| 2025-07-04 | Marko PapicGeopolitical macro strategist | Bearish | WTFinance | The shift from a unipolar to multipolar world requires portfolio outflows from the US as the current account… |
| 2025-07-03 | Kevin GrimesCEO & CIO, Grimes & Company | Bullish | Wealthion | The 50-day moving average crossing above the 200-day (golden cross) signals momentum has turned positive and… |
| 2025-07-01 | Michael OliverFounder, Momentum Structural Analysis | Bearish | Wealthion | Long-term momentum structure broke in January and the current rally to new highs is a widening-top trap —… |
| 2025-06-30 | Joe DavisGlobal Chief Economist, Vanguard | Bearish | The Compound | US debt is projected to reach record highs (171% debt-to-GDP per CBO) with a credible fiscal-pressure… |
| 2025-06-30 | Felix JauvinCo-host, Forward Guidance (Blockworks) | Bullish | Forward Guidance | Boomer wealth locked in 30-year fixed mortgages and termed-out corporate debt is immune to rate hikes, so… |
| 2025-06-27 | Tyler NevilleTrader, Muddy Waters Capital | Bullish | Forward Guidance | $1.4 trillion in annual corporate buybacks mechanically removes float every year while passive flow price… |
| 2025-06-27 | Andy SchwartzCo-Founder & Managing Partner, Bleakley Financial Group | Bullish | Wealthion | Non-US equities are not trading at record highs unlike the S&P 500, making them reasonable entry points… |
| 2025-06-25 | Steve HankeProfessor of Applied Economics, Johns Hopkins University | Bearish | Wealthion | Hanke's bubble detector is flashing a signal not seen since the 2001 dot-com peak; the bubble must eventually… |
| 2025-06-24 | Simon HuntFounder, Simon Hunt Strategic Services | Bearish | Wealthion | S&P is at a critical inflection point where geopolitical escalation and stagflation will trigger at least a… |
| 2025-06-20 | Quinn ThompsonFounder & CIO, Lekker Capital | Short | Forward Guidance | Stagflationary macro (yields breaking higher from TGA refill, Fed on hold while real rates rise), reversing… |
| 2025-06-19 | Kyle BassFounder/CIO, Hayman Capital | Bullish | Hoover Institution | The US represents 4% of world population, 26% of world GDP, and 60% of world capital markets, with unmatched… |
| 2025-06-19 | Chris CaseyManaging Director, WindRock Wealth Management | Bearish | Wealthion | Price-to-sales valuation is at extremes only comparable to 1929 and the tech bubble, while recession risk… |
| 2025-06-18 | Nassim TalebAuthor; advisor, Universa Investments | Short | Bloomberg Podcasts | Elevated uncertainty from US fiscal deterioration and irrational policy (tariffs, immigration) justifies… |
| 2025-06-16 | Henrik ZebergHead Macroeconomist, Swissblock | Bullish | Wealthion | $4.5T in global M2 expansion this year is fueling a liquidity-driven blow-off top to at least 6,800 before… |
| 2025-06-14 | Tyler NevilleTrader, Muddy Waters Capital | Bearish | Forward Guidance | A weakening dollar clips total returns on US assets for international investors while non-US equity markets… |
| 2025-06-13 | Jeffrey MillerPortfolio Manager, Incline Investment Advisors | Bullish | Wealthion | Double-digit S&P earnings growth and margin expansion underpin US equity valuations, and… |
| 2025-06-11 | Jeffrey GundlachCEO/CIO, DoubleLine Capital | Bearish | Bloomberg Podcasts | Forward PE is higher today than at the February all-time high because earnings estimates have been cut while… |
| 2025-06-09 | David RosenbergEconomist — Rosenberg Research | Bearish | Wealthion | Forward P/E of 21 is pricing in a near-zero risk-free rate while cash pays 4.5% — the equity risk premium is… |
| 2025-06-06 | Tyler NevilleTrader, Muddy Waters Capital | Bullish | Forward Guidance | A structural buyback machine ($717B YTD, ~$1.5T annualized run rate), persistent passive 401k inflows, and… |
| 2025-06-06 | Joe DuranCEO, Rise Growth Partners | Bearish | Wealthion | An equal-weighted S&P index reduces concentration in overvalued mega-cap growth names, mirroring the… |
| 2025-06-06 | Kevin GrimesCEO & CIO, Grimes & Company | Bearish | Wealthion | US large-cap earnings yield now equals the 10-year Treasury yield — the same condition last seen in 1999-2000… |
| 2025-06-05 | David RosenbergEconomist — Rosenberg Research | Bearish | Wealthion | Equity and credit markets have priced in zero recession probability despite the Fed's own Beige Book showing… |
| 2025-06-03 | Cliff AsnessCo-founder/CIO, AQR Capital | Bearish | Bloomberg Television | US stock valuations are 'pretty bad' while price trend momentum has weakened, causing the combined timing… |
| 2025-05-30 | Peter BoockvarCIO, OnePoint BFG Wealth Partners | Bearish | Wealthion | S&P 500 trading near 23x 2025 earnings estimates puts valuations in the upper historical echelon, implying… |
| 2025-05-30 | Joe DuranCEO, Rise Growth Partners | Short | Wealthion | Volatility is currently low making SPY puts cheaply priced insurance against a market decline, offering a… |
| 2025-05-29 | Francis HuntFounder, The Market Sniper | Bearish | Wealthion | A debt-based collapse chokes new credit origination, exposes corporates that borrowed to fund buybacks and… |
| 2025-05-28 | David CervantesFounder, Pinebrook Capital Management | Bullish | Forward Guidance | Massive fiscal deficit (7-8% of GDP) inoculates the economy from recession, and tax-cut extensions add… |
| 2025-05-28 | Edward DowdFounding Partner, Phinance Technologies | Bearish | Wealthion | The post-April rally is a counter-trend bounce off an AI-bubble burst and tariff shock, valuations remain… |
| 2025-05-22 | Kevin MuirIndependent trader — The Macro Tourist | Bullish | Forward Guidance | Fiscal deficits running ~20% above the prior year are the dominant market force — not Fed policy — and until… |
| 2025-05-21 | David HunterChief Macro Strategist, Contrarian Macro Advisors | Bullish | Wealthion | Bearish institutional positioning creates a wall of worry that forces short-covering as the Fed panic-cuts… |
| 2025-05-19 | Jim RogersChairman, Rogers Holdings | Bearish | Wealthion | Rampant speculation, waves of new retail investors believing markets are easy, and historically stretched… |
| 2025-05-16 | Scott SchwartzPrincipal, OnePoint BFG Wealth Partners | Neutral | Wealthion | International equities remain significantly cheaper than US equities even after the recent recovery, with… |
| 2025-05-15 | Luke GromenMacro strategist — founder, FFTT | Bullish | Forward Guidance | US fiscal math requires equities to rise 10–20% annually to generate sufficient capital gains tax receipts… |
| 2025-05-15 | Jeremy GranthamCo-founder & long-term strategist, GMO | Bearish | interview | Total market cap-to-GDP and similar long-horizon valuation metrics put the US market at or above historical… |
| 2025-05-15 | Russell NapierMarket strategist & financial historian | Bearish | Hidden Forces | The S&P 500 is one of the two assets most likely to be liquidated as global capital repatriates away from the… |
| 2025-05-14 | Luke GromenMacro strategist — founder, FFTT | Bullish | Forward Guidance | US fiscal math requires equities to rise 10–20% annually to generate sufficient capital-gains tax receipts… |
| 2025-05-12 | Mohnish PabraiFund manager — Pabrai Investment Funds | Bearish | interview | Both the MAG-7 and the remaining 493 S&P constituents are trading significantly above historical valuation… |
| 2025-05-09 | Mohnish PabraiFund manager — Pabrai Investment Funds | Bearish | My First Million | The S&P 500 is overheated as of 2025 and should be avoided as a new entry point, with Pabrai suggesting it… |
| 2025-05-08 | Nouriel RoubiniEconomist; professor emeritus, NYU Stern | Bullish | Bloomberg Television | A secular investment/capex boom driven by AI and productivity gains will attract sustained FDI and portfolio… |
| 2025-05-07 | Paul Tudor JonesFounder/CIO, Tudor Investment Corp | Bearish | TorontoWealthGroup | Tariffs act as the largest tax increase since the 1960s reducing growth by 2-3%, while the Fed remains locked… |
| 2025-05-01 | Bob ElliottCEO & CIO, Unlimited Funds | Bearish | Forward Guidance | Foreign investors are withdrawing capital from US equities faster than the current account deficit shrinks… |
| 2025-04-26 | Danny DayanCIO, DWD Partners | Bullish | Forward Guidance | Tactically long while headlines trend toward de-escalation, but only as a rental — structural headwinds from… |
| 2025-04-25 | Rebecca Patterson (strategist, ex-Bridgewater)Former chief strategist, Bridgewater | Bearish | The Compound | 75% recession probability driven by tariff-induced consumer purchasing-power hit, with earnings deterioration… |
| 2025-04-25 | Danny DayanCIO, DWD Partners | Bullish | Forward Guidance | Trade war temperature being taken down creates a tactical bounce opportunity as incremental headlines turn… |
| 2025-04-24 | Brad GerstnerFounder & CEO, Altimeter Capital | Bearish | Bg2 Pod | Consensus S&P earnings estimates have barely budged (only ~3% cut to $265/share) despite widespread CEO… |
| 2025-04-23 | Jesse FelderAuthor, The Felder Report | Bearish | Wealthion | At ~25x trailing earnings vs. the historical 15x average, forward earnings estimates haven't priced in a… |
| 2025-04-22 | Jeff deGraafFounder & Chairman, Renaissance Macro Research | Bearish | Bloomberg Surveillance | The US equity market entered a bear market ~one month ago defined by rising volatility, falling returns, and… |
| 2025-04-22 | Brian Belski (BMO)Chief Investment Strategist, BMO | Bullish | Bloomberg Surveillance | Consensus and most portfolios have already priced in a worst-case multi-year deterioration, so the selloff is… |
| 2025-04-16 | Howard MarksCo-chairman, Oaktree Capital | Bearish | Oaktree Capital | At current PE ratios, historical data shows S&P returns of minus 2% to 2% over a decade, making equities… |
| 2025-04-16 | Michael BatnickManaging Partner, Ritholtz Wealth | Bullish | The Compound | Buying US equities when they are down 15% from peak has produced positive returns 83% of the time at one year… |
| 2025-04-16 | Mel MattisonAuthor & financial services veteran | Bullish | Forward Guidance | Persistent fiscal deficits drive nominal GDP growth and a depreciating dollar inflates the 50% of S&P… |
| 2025-04-10 | Julien GarranPartner, The MacroStrategy Partnership | Bearish | Wealthion | A confluence of peak valuations, high leverage, antitrust pressure on big-tech earnings, rising savings… |
| 2025-04-09 | Darius DaleFounder & CEO, 42 Macro | Bearish | Forward Guidance | Trump's structural shift from globalization to deglobalization will compress capital's share of national… |
| 2025-04-09 | Ben CarlsonDirector of institutional AM, Ritholtz Wealth | Bullish | The Compound | Scary markets provide opportunities for long-term wealth building; continuing systematic purchases across… |
| 2025-04-09 | Michael BatnickManaging Partner, Ritholtz Wealth | Bullish | The Compound | VIX spiking above 45 historically produces positive S&P returns 82-92% of the time at 6-12 months out, and… |
| 2025-04-07 | Brett RentmeesterCIO, Jaggi Family Office | Bearish | Wealthion | Historically high US equity valuations combined with tariff-driven economic freeze risk, an inverted yield… |
| 2025-04-05 | Kyle BassFounder/CIO, Hayman Capital | Bullish | TorontoWealthGroup | Forced volatility selling and VAR-model deleveraging have driven markets down 13-17% YTD, but there is an… |
| 2025-04-04 | Josh Brown (Ritholtz)CEO, Ritholtz Wealth Management | Bearish | The Compound | The S&P 500 has more downside before a durable bottom because the tariffs are literal (not a negotiating… |
| 2025-04-04 | Larry McdonaldFounder, The Bear Traps Report | Bearish | Wealthion | US recession driven by high interest costs, tariff headwinds, and consumer slowdown will compress earnings… |
| 2025-04-02 | Larry McdonaldFounder, The Bear Traps Report | Bearish | Wealthion | Real S&P 500 earnings are ~$230 not the street's $270 consensus per CFO guidance, and at a… |
| 2025-03-31 | Jacob MillerCo-founder & chief solutions officer, Opto | Bearish | The Compound | Large-cap US index companies face the most pain from tariffs because they have the highest overseas sales… |
| 2025-03-31 | Joe LonsdaleCo-founder, Palantir; managing partner, 8VC | Bullish | The Compound | The US is far ahead in the AI wave due to superior talent concentration, entrepreneurial culture, and… |
| 2025-03-25 | Joseph WangCIO, Monetary Macro | Bearish | Forward Guidance | Trade policy disruption in 2025 is materially more severe than 2018, making a 10% correction just the… |
| 2025-03-20 | John RubinoAuthor & Newsletter, JohnRubino.Substack.com | Bearish | Wealthion | US stocks are more richly valued than the 2000 tech bubble peak while the underlying economy carries far more… |
| 2025-03-19 | John RubinoAuthor & Newsletter, JohnRubino.Substack.com | Bearish | Wealthion | Stocks are wildly overvalued on historical PE measures while pandemic-era excess savings are exhausted… |
| 2025-03-14 | Barry RitholtzCo-Founder & CIO, Ritholtz Wealth Management | Bullish | Masters in Business | The real AI upside is the other 493 S&P 500 companies that will each adopt AI for productivity and profit… |
| 2025-03-13 | David IbenCIO, Kopernik Global Investors | Short | Wealthion | US stocks sit at their highest-ever valuations on most metrics — priced for 'American exceptionalism' — while… |
| 2025-03-12 | Michael BatnickManaging Partner, Ritholtz Wealth | Bullish | The Compound | The current selloff is a historically normal mid-year correction inside a secular bull market — historically… |
| 2025-03-08 | Scott SchwartzPrincipal, OnePoint BFG Wealth Partners | Bearish | Wealthion | Non-US equities were trading at nearly half the P/E of US large-caps after years of underperformance and are… |
| 2025-03-08 | Tony GreerFounder, TG Macro | Bullish | Forward Guidance | Sentiment indicators are at historic bearish extremes, hedge funds have made the largest short sales ever in… |
| 2025-03-07 | Steve HankeProfessor of Applied Economics, Johns Hopkins University | Bearish | Wealthion | Hanke's 'bubble detector' — stocks-vs-bonds relative valuation — is at an all-time high, a level historically… |
| 2025-03-03 | Tom Lee (Fundstrat)Co-founder & head of research, Fundstrat | Bullish | Tom Lee | Investors are treating a growth scare as a crisis, mispricing the risk, and the market has priced in a lot of… |
| 2025-03-03 | Chamath PalihapitiyaFounder, Social Capital | Bearish | All-In Podcast | Tariffs plus slowing immigration plus DOGE austerity will slow US GDP growth from ~2.5% to ~1.5% in H2… |
| 2025-02-28 | Cem KarsanFounder & CIO, Kai Volatility Advisors | Bearish | Forward Guidance | Market declines destroy collateral and liquidity, triggering recession in a reflexive loop; the Trump admin… |
| 2025-02-26 | Andy ConstanFounder & Macro Strategist, Damped Spring Advisors | Short | Forward Guidance | Growth deceleration will compress the earnings numerator while elevated term premium keeps the discount rate… |
| 2025-02-26 | Andy LeesFounder, Macrostrategy Partnership | Bearish | Wealthion | US equities are at extreme overvaluation and the three sequential drivers of the bull market — post-COVID… |
| 2025-02-21 | Brian Belski (BMO)Chief Investment Strategist, BMO | Bullish | The Compound | US equities are the highest-quality asset globally, offering superior franchises, earnings growth, and… |
| 2025-02-18 | Kevin MuirIndependent trader — The Macro Tourist | Bearish | Wealthion | US stocks trade at ~23x NTM earnings near dot-com-era peaks, and Trump's drive to cut the fiscal deficit… |
| 2025-02-15 | Scott SchwartzPrincipal, OnePoint BFG Wealth Partners | Bearish | Wealthion | International equities trade at materially lower multiples than US Mag 7 and are starting to lead as… |
| 2025-02-14 | David EinhornFounder, Greenlight Capital | Bearish | SKAGEN Fondene | The US equity market is at historically extreme valuations with near-zero risk premium versus government… |
| 2025-02-14 | Marc FaberEditor, Gloom Boom & Doom Report | Bearish | Wealthion | Unprecedented fiscal-deficit-plus-money-printing asset bubble is in a terminal phase; real returns against… |
| 2025-02-12 | Ben CarlsonDirector of institutional AM, Ritholtz Wealth | Bullish | The Compound | Secular increase in 401k participation creates a structural relentless bid that dwarfs macro and valuation… |
| 2025-02-07 | David GirouxHead of Investment Strategy & CIO Multi-Asset, T. Rowe Price | Bearish | The Compound | Company-by-company 5-year DCF analysis targeting 2030 prices yields a forward total return below 5% annually… |
| 2025-02-06 | Ray DalioFounder, Bridgewater Associates | Bearish | Peter H. Diamandis | US assets are priced to outperform all other countries, creating a high hurdle rate; at current valuations… |
| 2025-02-05 | Jim ChanosShort seller — Chanos & Co (family office) | Bullish | Bloomberg Podcasts | Since the GameStop episode the most-shorted stocks (highly speculative, dicey companies) have continued to… |
| 2025-02-05 | Jonathan WellumCEO & CIO, RockLinc Investment Partners | Bearish | Wealthion | Tariff-driven earnings headwinds on the ~40% of S&P revenues earned overseas, combined with stretched… |
| 2025-02-04 | Tony GreerFounder, TG Macro | Bullish | Wealthion | The bull market remains structurally intact because rates have backed off their highs, a business-friendly… |
| 2025-01-31 | Quinn ThompsonFounder & CIO, Lekker Capital | Bullish | Forward Guidance | Market-cap-weighted SPY is at stretched valuations (~25x PE) while Russell 2000 is full of low-quality names… |
| 2025-01-29 | Brett RentmeesterCIO, Jaggi Family Office | Bearish | Wealthion | US equities are at historically extreme Shiller PE valuations—surpassing 2008 and 1929 levels—making… |
| 2025-01-24 | Quinn ThompsonFounder & CIO, Lekker Capital | Neutral | Forward Guidance | After back-to-back 25%+ years, it is hard to make the case for multiple expansion from current valuations, so… |
| 2025-01-24 | Michael Green (Simplify)Chief Strategist & PM, Simplify | Bullish | Wealthion | Mandatory 401k auto-enrollment defaults new workers into passive Target Date Funds that mechanically buy the… |
| 2025-01-24 | Capital FlowsFounder, Capital Flows Research | Short | Forward Guidance | Higher rates are beginning to transmit into growth weakness over the next 3-4 months, the index is being… |
| 2025-01-23 | Cem KarsanFounder & CIO, Kai Volatility Advisors | Bullish | Words of Rizdom | Trump stimulus plus a China détente plus large speculative short covering creates a liquidity burst driving a… |
| 2025-01-22 | Michael HowellLiquidity strategist — CrossBorder Capital | Bullish | Wealthion | Global liquidity cycle is near its peak and valuations are stretched, making a near-term correction likely… |
| 2025-01-21 | Jared DillianAuthor, The Daily Dirtnap | Bearish | Wealthion | Trump's pro-growth policies are fully priced into equity valuations, and the first two years of the term are… |
| 2025-01-17 | Sven HenrichFounder, NorthmanTrader | Bearish | Wealthion | Market is highly concentrated with historically extreme valuations and reverse-repo liquidity about to run… |
| 2025-01-15 | Chris VermeulenFounder & Chief Investment Strategist, The Technical Traders | Bearish | Wealthion | Multiple asset classes (SPX, gold, Bitcoin) simultaneously hit their 100% Fibonacci measured-move targets in… |
| 2025-01-14 | Chris CaseyManaging Director, WindRock Wealth Management | Bearish | Wealthion | Market is historically expensive on price-to-sales (3.1x) and Shiller PE, Mag 7 concentration in index… |
| 2025-01-10 | James LavishCo-Managing Partner, Bitcoin Opportunity Fund | Bullish | Wealthion | True inflation equals money supply expansion at ~7% annually since the Nixon shock, so staying invested in… |
| 2025-01-10 | Anthony ScaramucciFounder, SkyBridge Capital | Bullish | Wealthion | Systematic monthly DCA into the broad market index since 1989 has reliably compounded wealth through all… |
| 2025-01-09 | Mohamed El-ErianChief economic adviser, Allianz | Bullish | Walker & Dunlop | Incoming Trump administration deregulation and productivity-enhancing technology investment will ultimately… |
| 2025-01-09 | Ben CarlsonDirector of institutional AM, Ritholtz Wealth | Bullish | The Compound | It is too early to end the AI spending cycle; companies will keep investing and the market could extend into… |
| 2025-01-08 | Jonny MatthewsSenior Portfolio Manager, Fortem Capital | Bearish | Forward Guidance | At 22x forward earnings requiring 14.8% EPS growth, the index needs everything to go right while the multiple… |
| 2025-01-07 | David RosenbergEconomist — Rosenberg Research | Bearish | Wealthion | Consumption is increasingly driven by a wealth effect concentrated in the top 10-20% of income… |
| 2025-01-03 | Brian WesburyChief Economist, First Trust Advisors | Bearish | The Compound | His capitalized profits model — corporate profits discounted by the 10-year yield — shows the market is… |
| 2025-01-02 | Jonathan WellumCEO & CIO, RockLinc Investment Partners | Neutral | Wealthion | US equity valuations at 23-24x earnings are the richest they have ever been, so a third consecutive 20%+ year… |
| 2024-12-30 | Jesse FelderAuthor, The Felder Report | Bearish | Wealthion | The momentum factor is at 1999/2021-level extremes—historically a strong predictor of 12-month S&P 500… |
| 2024-12-27 | Tom Lee (Fundstrat)Co-founder & head of research, Fundstrat | Bullish | Wealthion | AI-driven earnings expansion combined with a prime-age workforce surge from Millennials and Gen Z—two… |
| 2024-12-27 | David RosenbergEconomist — Rosenberg Research | Bearish | Wealthion | Equity risk premium has collapsed from 40bp to ~10bp as markets price in massive tax cuts that are unlikely… |
| 2024-12-26 | Steve HankeProfessor of Applied Economics, Johns Hopkins University | Bearish | Wealthion | S&P at ~5900-6000 is ~25% overpriced because tariff drag, active war escalation (Ukraine/Russia long-range… |
| 2024-12-25 | Chris VermeulenFounder & Chief Investment Strategist, The Technical Traders | Bullish | Wealthion | Post-correction Fibonacci 618 extension sets up a measured move to ~6,000, with the July-August shakeout… |
| 2024-12-24 | Marc FaberEditor, Gloom Boom & Doom Report | Bearish | Wealthion | Real inflation has been systematically understated for decades, meaning real GDP is actually contracting and… |
| 2024-12-20 | Sven CarlinFounder, Sven Carlin Research Platform | Bearish | Wealthion | US equities at P/E 30 — second-most-expensive in history — offer only a 1% yield against a 50% crash risk if… |
| 2024-12-20 | Nick ColasCo-Founder, DataTrek Research | Bullish | The Compound | VIX at 27.6 is exactly one standard deviation from the long-term mean and historically the last two times VIX… |
| 2024-12-18 | Joseph WangCIO, Monetary Macro | Bearish | Forward Guidance | Foreign investors hold a near-doubled, historically stretched position in US stocks with almost no FX hedging… |
| 2024-12-17 | Cem KarsanFounder & CIO, Kai Volatility Advisors | Bullish | Wealthion | End-of-year options roll-off creates structural dealer buying, compressing downside skew and lifting the… |
| 2024-12-14 | Jesse FelderAuthor, The Felder Report | Bearish | Wealthion | Assets in leveraged long ETFs now stand at 11x those in short ETFs (vs 5x at the 2021 peak) and small… |
| 2024-12-13 | Rick RiederCIO of Global Fixed Income, BlackRock | Bullish | The Compound | Nominal GDP running near 4.5-5% makes 15% equity returns achievable without heroic assumptions, with tech and… |
| 2024-12-12 | Jesse FelderAuthor, The Felder Report | Bearish | Wealthion | The insider sell-to-buy ratio exceeds 25 — a level last seen in late 2021 just before the 2022 earnings… |
| 2024-12-03 | Cliff AsnessCo-founder/CIO, AQR Capital | Neutral | Bloomberg Television | 85% of US equity outperformance vs. global peers has come from multiple expansion rather than fundamentals… |
| 2024-12-03 | Ed YardeniPresident, Yardeni Research | Bullish | Wealthion | AI-driven productivity gains and economic resilience support a multi-year bull market regardless of policy… |
| 2024-11-30 | Tom Lee (Fundstrat)Co-founder & head of research, Fundstrat | Bullish | Wealthion | AI drives an earnings-led cycle that lifts S&P EPS toward $600-650 by 2030, while two generations larger than… |
| 2024-11-29 | Tom Lee (Fundstrat)Co-founder & head of research, Fundstrat | Bullish | Wealthion | S&P earnings could reach $600–$650 by 2030 driven by AI lifting technology-sector earnings (which command… |
| 2024-11-27 | Ron WilliamFounder & Market Strategist, RW Advisory | Bearish | Wealthion | S&P 500 is in an overheated five-wave momentum pattern at the 6,000 psychological resistance level, with… |
| 2024-11-26 | Jason TrennertChairman & CEO, Strategas Research Partners | Bullish | Wealthion | Near-term earnings growth (high single digits) and Trump win supporting capital formation keep equities… |
| 2024-11-25 | Jessica RabeCo-Founder, DataTrek Research | Bullish | The Compound | Solid US economic growth, corporate earnings resilience, and an ongoing Fed rate-cutting cycle provide a… |
| 2024-11-23 | Steve HankeProfessor of Applied Economics, Johns Hopkins University | Bearish | Wealthion | S&P at 5,900-6,000 is roughly 25% overvalued because markets have not priced in tariff drag on growth… |
| 2024-11-22 | Meb FaberCo-founder & CIO, Cambria | Neutral | Lead-Lag Media | US large-cap is historically expensive at ~38x CAPE but trend remains up, so a short call is premature… |
| 2024-11-21 | Steve HankeProfessor of Applied Economics, Johns Hopkins University | Bearish | Wealthion | M2 money supply has contracted and is now growing at only 2.6% vs the ~6% needed to hit the Fed's 2% target… |
| 2024-11-18 | Nelson PeltzActivist investor — Trian Partners | Bearish | CNBC Events | Post-election euphoria has driven equities to fully valued levels and the rally is unlikely to continue… |
| 2024-11-16 | Adam JohnsonFounder & Portfolio Manager, Bullseye Investment Group | Bullish | Wealthion | GDP is growing at 2.5-3% with earnings growth of 8-10% accelerating to 10-12% next year, and the Trump… |
| 2024-11-16 | David RosenbergEconomist — Rosenberg Research | Bearish | Wealthion | Equity risk premium has collapsed from 40bps to 10bps as the market prices in massive tax cuts that are… |
| 2024-11-15 | David RosenbergEconomist — Rosenberg Research | Bearish | Wealthion | Forward P/E at 22x with equity risk premium collapsed to ~10-30bps is 'stupid expensive' — valuations are at… |
| 2024-11-15 | Adam ParkerFounder & CEO, Trivariate Research | Bearish | The Compound | Universal institutional bullishness, record consumer confidence at all-time highs, and Goldman/Morgan Stanley… |
| 2024-11-14 | Adam JohnsonFounder & Portfolio Manager, Bullseye Investment Group | Bullish | Wealthion | S&P 500 earnings accelerating to $280–285 in 2025 (10–12% growth) at a 22–23x PE supports a near-term rally… |
| 2024-11-12 | George RobertsonAuthor, The Monetary Frontier | Bullish | Forward Guidance | Absent effective monetary policy combined with persistent ~$3.5T annual fiscal spend has put nominal GDP on a… |
| 2024-11-11 | Justin NugentContributor, Market Rebellion | Bullish | Wealthion | Two nested monthly bull flags on SPY with measured moves converging at 609, combined with Fed rate-cut… |
| 2024-11-08 | Katie StocktonTechnical strategist — Fairlead | Bearish | The Compound | The monthly S&P 500 chart shows a DeMark sequential 13 exhaustion count and a peaking MACD histogram… |
| 2024-11-08 | Bob ElliottCEO & CIO, Unlimited Funds | Bullish | Forward Guidance | Elevated valuations are irrelevant while easy monetary and fiscal policy persists — historically, bubbles… |
| 2024-11-06 | Cem KarsanFounder & CIO, Kai Volatility Advisors | Bullish | Forward Guidance | Structural options flows—charm, vanna, and structured product unwind from record structured product issuance… |
| 2024-11-04 | Chris CaseyManaging Director, WindRock Wealth Management | Bearish | Wealthion | Markets are complacent but the US may already be in recession with cracks likely to emerge in corporate… |
| 2024-11-01 | Marko PapicGeopolitical macro strategist | Bullish | Lead-Lag Media | US equities can still rise but will likely underperform other regions as fiscal tailwinds peak and bond… |
| 2024-10-29 | Jurrien TimmerDirector of Global Macro, Fidelity Investments | Bullish | Forward Guidance | The cyclical and secular bull market remains intact in the seventh inning, with earnings still growing and… |
| 2024-10-25 | Jason CalacanisAngel investor | Bullish | All-In Podcast | Regardless of election outcome, $10T in additional government spending will flow into asset markets rather… |
| 2024-10-19 | Michael NicoletosFounder & CEO, DeFi Advisors | Bullish | Wealthion | Accelerating global liquidity — Fed cuts, ECB cuts, and Chinese stimulus — flows disproportionately into US… |
| 2024-10-18 | Warren PiesCo-founder, 3Fourteen Research | Bullish | The Compound | A momentum thrust (19% 63-day return coming out of a bear market with negative sentiment) has historically… |
| 2024-10-18 | Michael NicoletosFounder & CEO, DeFi Advisors | Bullish | Wealthion | An unprecedented pace of global liquidity injection — from the Fed, ECB, and China — flows disproportionately… |
| 2024-10-16 | Tony GreerFounder, TG Macro | Bullish | Forward Guidance | Cyclicals, financials, industrials, and technology are all breaking out simultaneously — a broad-based bull… |
| 2024-10-16 | Janet MuiHead of market analysis, RBC Brewin Dolphin | Bullish | Bloomberg Surveillance | US mega-caps have the world's best companies exposed to structural AI growth stories, and investors rotate… |
| 2024-10-16 | Janet MuiHead of market analysis, RBC Brewin Dolphin | Bullish | Bloomberg Surveillance | US companies have the largest AI exposure and the best structural growth stories globally, driving investors… |
| 2024-10-12 | Chris VermeulenFounder & Chief Investment Strategist, The Technical Traders | Bullish | Wealthion | August volatility cleansed the market and re-energized buyers; Fibonacci extension off the July–August… |
| 2024-10-11 | Nassim TalebAuthor; advisor, Universa Investments | Bearish | Bloomberg Television | Markets are at peak fragility due to extreme valuations built on AI hope, complacency after prolonged… |
| 2024-10-08 | Chris VermeulenFounder & Chief Investment Strategist, The Technical Traders | Bullish | Wealthion | Post-August correction cleansed the market and re-energized momentum; Fibonacci extension off the pullback… |
| 2024-10-05 | Geo ChenAuthor, Fidenza Macro | Bullish | Wealthion | The Fed pledging to cut rates as needed while the economy is not in recession is one of the most historically… |
| 2024-10-03 | Chris CaseyManaging Director, WindRock Wealth Management | Bearish | Wealthion | The broad market carries outsized risk from election uncertainty, potential tax legislation changes, and… |
| 2024-09-30 | James AitkenFounder, Aitken Advisors | Bullish | Hidden Forces | If asset prices rose 30%+ during allegedly 'restrictive' monetary policy with fiscal deficits at 6-7% of GDP… |
| 2024-09-28 | Tavi CostaPartner, Crescat Capital | Bearish | Wealthion | US equities are highly overvalued on the CAPE ratio while the yield curve is steepening from one of the… |
| 2024-09-27 | Tom Lee (Fundstrat)Co-founder & head of research, Fundstrat | Bullish | The Compound | In every historical instance where the Fed cut rates without a recession (7 of 7 episodes), stocks were never… |
| 2024-09-26 | Daniel LacalleChief Economist & CIO, Tressis | Bullish | Wealthion | The scale of fiscal imbalances makes central banks almost inevitably accommodative going forward, so markets… |
| 2024-09-23 | Bill NygrenPortfolio manager, Oakmark Funds | Bearish | CNBC Television | The S&P 500 is far less diversified than investors assume, with ~4-5 mega-cap tech names individually larger… |
| 2024-09-21 | Vincent DeluardGlobal Macro Strategist, StoneX | Bullish | Wealthion | 50bp rate cut with 3% real GDP growth, near-record-low unemployment, and likely post-election fiscal… |
| 2024-09-20 | Jim GrantEditor, Grant's Interest Rate Observer | Bearish | Fox Business | US equity market is priced near all-time highs on price/earnings and price/sales (~70x) while Buffett—the… |
| 2024-09-19 | Vincent DeluardGlobal Macro Strategist, StoneX | Bullish | Wealthion | Fed cutting 50bps while real GDP grows at 3% and inflation sits above target creates an unusually permissive… |
| 2024-09-18 | Michael HowellLiquidity strategist — CrossBorder Capital | Bullish | Wealthion | Global liquidity cycle that troughed October 2022 is still rising and not expected to peak until late 2025, a… |
| 2024-09-13 | Jurrien TimmerDirector of Global Macro, Fidelity Investments | Bullish | The Compound | The low-vol high-div index offers a 4.4% dividend yield, has built a massive multi-year base, and is now… |
| 2024-09-11 | Lacy HuntChief economist, Hoisington Investment | Bearish | Oxbow Advisors | Negative net national savings, deteriorating demographics, fiscal dominance, and declining real per capita… |
| 2024-09-07 | Adam JohnsonFounder & Portfolio Manager, Bullseye Investment Group | Bullish | Wealthion | Forward EPS of roughly $275 on a still-justified 22x multiple yields an S&P 500 target near 6,200 — about 10%… |
| 2024-09-06 | Brent JohnsonCEO, Santiago Capital | Bearish | Wealthion | US equities are in an unsustainable bubble at all-time highs with rate cuts already priced in, making a… |
| 2024-09-05 | Cathie WoodCEO & CIO, ARK Invest | Bearish | ARK Invest | The ratio of the highest market-cap US stock to the 75th-percentile stock is at 800—above the 1932 Great… |
| 2024-09-04 | Eric WallersteinChief Macro Strategist, Clocktower Group | Bullish | Forward Guidance | US productivity gains from AI and tech, an economy less sensitive to interest rates dominated by cash-rich… |
| 2024-09-04 | Adam JohnsonFounder & Portfolio Manager, Bullseye Investment Group | Bullish | Wealthion | GDP growth, 10-11% earnings growth to $275 EPS, falling inflation, and rate cuts justify a 22x multiple… |
| 2024-08-31 | Marc FaberEditor, Gloom Boom & Doom Report | Bearish | Wealthion | Real inflation far exceeds government-reported CPI, making real GDP negative; with the consumer struggling… |
| 2024-08-29 | Marc FaberEditor, Gloom Boom & Doom Report | Bearish | Wealthion | The financial asset bubble has grown to dwarf the real economy, and history (e.g. Dow flat 1964–1982 but down… |
| 2024-08-28 | Emily RolandCo-chief investment strategist, Manulife John Hancock Investments | Bullish | Bloomberg Surveillance | US generates ~11% earnings growth in 2024 versus ~5.5% for international markets, and houses the highest… |
| 2024-08-28 | Nicole InuiHead of US & LatAm equity strategy, HSBC | Bullish | Bloomberg Surveillance | Earnings growth is broadening beyond the Mag-7 tech concentration to financials, utilities, and healthcare at… |
| 2024-08-27 | Jeremy SchwartzGlobal CIO, WisdomTree | Bullish | Forward Guidance | US stocks trade at ~20x earnings (5% earnings yield), carry a ~3% equity premium over TIPS, and function as… |
| 2024-08-27 | Ed YardeniPresident, Yardeni Research | Bullish | Bloomberg Surveillance | A US productivity boom accelerating toward 3.5-4.5% per year by decade's end drives the Roaring 2020s… |
| 2024-08-27 | Barry RitholtzCo-Founder & CIO, Ritholtz Wealth Management | Bullish | Bloomberg Surveillance | The current environment resembles 1995-97 — not the 1999-2000 bubble — with a Goldilocks combination of… |
| 2024-08-24 | Jared DillianAuthor, The Daily Dirtnap | Bearish | Wealthion | Powell is a hawk who wants more inflation progress before cutting; his Jackson Hole speech will be hawkish… |
| 2024-08-21 | Capital FlowsFounder, Capital Flows Research | Bullish | Forward Guidance | GDP is positive while the Fed is beginning a rate-cutting cycle — the opposite of 2022 — making a persistent… |
| 2024-08-19 | Jessica RabeCo-Founder, DataTrek Research | Bullish | The Compound | Historical pattern shows S&P 500 peaks in Q4 70% of the time since 1980 and in December 50% of the time, and… |
| 2024-08-14 | Peter BoockvarCIO, OnePoint BFG Wealth Partners | Bearish | Wealthion | Early-July highs likely mark the index peak for 2024 as AI megacaps face earnings scrutiny, rate-cut optimism… |
| 2024-08-12 | Mel MattisonAuthor & financial services veteran | Bullish | Forward Guidance | Structural passive fund flows from automatic payroll deductions create a perpetual marginal buyer that… |
| 2024-08-12 | George RobertsonAuthor, The Monetary Frontier | Bullish | Forward Guidance | Fiscal deficit spending remains at historically high levels while the Fed has effectively disconnected from… |
| 2024-08-10 | Patrick Ceresna (Macro Voices)Co-host, MacroVoices & Market Huddle | Short | Marko Papic | The July 2024 high is likely the cycle high as the AI/mag-7 narrative deflates, Yen carry trade unwind… |
| 2024-08-08 | Jeremy GranthamCo-founder & long-term strategist, GMO | Bearish | The Investor’s Podcast | Hussman's most predictive valuation measure places the US market above both its 1929 and December 2021… |
| 2024-08-07 | Ed YardeniPresident, Yardeni Research | Bullish | Wealthion | Roaring 2020s productivity boom from technology adoption will drive S&P 500 earnings to ~$400/share by… |
| 2024-08-02 | Tyler NevilleTrader, Muddy Waters Capital | Bullish | Forward Guidance | VIX term-structure inversion (spot over 3-month) is one of the most reliable short-term contra indicators… |
| 2024-08-02 | Michael Green (Simplify)Chief Strategist & PM, Simplify | Bearish | Forward Guidance | Passive inflows that artificially propped markets are turning negative as unemployment rises from years of… |
| 2024-08-01 | Danny DayanCIO, DWD Partners | Bullish | Forward Guidance | Bond market's dovish pricing creates a floor under equity valuations and equities remain the only asset class… |
| 2024-06-14 | Darius DaleFounder & CEO, 42 Macro | Bullish | Kris Sidial | Their market regime model has been in a risk-on condition since November 2023, and 83% of the S&P 500's… |
| 2024-05-23 | Jeffrey GundlachCEO/CIO, DoubleLine Capital | Bearish | DoubleLine Capital | Equal-weighting the 500 largest US companies by revenue avoids momentum concentration risk present in… |
| 2024-05-17 | Mohnish PabraiFund manager — Pabrai Investment Funds | Bullish | My First Million | For over 99% of people, low-cost index funds (e.g. Vanguard ETFs) are the optimal vehicle because frictional… |
| 2024-04-20 | Chris BloomstranPresident & CIO, Semper Augustus Investments | Bearish | The Investor’s Podcast | Record 13.3% profit margins and a ~23x trailing PE applied simultaneously create a secular valuation peak… |
| 2024-04-05 | Cliff AsnessCo-founder/CIO, AQR Capital | Bearish | The Meb Faber Show | Roughly 80% of US equity outperformance over the past 30 years came from valuation re-rating vs. non-US… |
| 2024-03-26 | Larry FinkChairman/CEO, BlackRock | Bullish | Bloomberg Television | Deep US retirement system continuously channels long-term savings into domestic equities, supporting a… |
| 2024-03-25 | Ed YardeniPresident, Yardeni Research | Bullish | Bloomberg Podcasts | Economy is growing while inflation moderates and the Fed put appears to be reinstated, supporting continued… |
| 2024-03-14 | Cem KarsanFounder & CIO, Kai Volatility Advisors | Bullish | Schwab Network | Populist election years with contested races and fiscal stimulus historically average ~21% returns, and 2024… |
| 2024-02-14 | Mohamed El-ErianChief economic adviser, Allianz | Bullish | CNBC Television | US equities can continue to climb even without Fed rate cuts because of strong earnings, a resilient domestic… |
| 2024-01-29 | Stanley DruckenmillerChairman/CEO, Duquesne Family Office | Neutral | How Leaders Lead with David Novak | A decade of zero rates created the biggest asset bubble he has ever studied across crypto, meme stocks… |
| 2024-01-24 | Cem KarsanFounder & CIO, Kai Volatility Advisors | Short | The Market Huddle | These 'margin puts' are both leading indicators and reflexive drivers of crashes: when entities can no longer… |
| 2024-01-03 | Jeremy GranthamCo-founder & long-term strategist, GMO | Bearish | Real Economics | The US market is still deflating from the 2021 super bubble, with profit margins and earnings yet to decline… |
| 2023-12-22 | Ed YardeniPresident, Yardeni Research | Bullish | Bloomberg Podcasts | Rolling recoveries across housing, retail goods, and manufacturing—combined with chronic… |
| 2023-12-20 | Warren BuffettChairman, Berkshire Hathaway | Bullish | OnefootHurdle | Over many decades owning a cross-section of productive American businesses has overwhelmingly outperformed… |
| 2023-12-19 | Ed YardeniPresident, Yardeni Research | Bullish | Resource Talks | The narrow mega-cap-led rally began broadening on November 13, 2023, with equal-weighted S&P 500… |
| 2023-11-28 | Lyn AldenIndependent macro strategist | Neutral | Mark Moss | Competing forces of high interest rates and large fiscal deficits are roughly balanced, producing range-bound… |
| 2023-10-24 | Bill NygrenPortfolio manager, Oakmark Funds | Bullish | Millennial Investing | The ratio of the 50th most expensive to the 50th cheapest S&P 500 stock by PE is ~7x versus a 33-year average… |
| 2023-10-18 | Jeffrey GundlachCEO/CIO, DoubleLine Capital | Bearish | DoubleLine Capital | US stocks have gone from cheap relative to bonds 18 months ago to four times more expensive on a relative… |
| 2023-10-02 | Ed YardeniPresident, Yardeni Research | Bullish | CNBC Television | Earnings estimates for 2024 are rising as profit margins improve and the rolling recession fades, supporting… |
| 2023-09-22 | Jeremy GranthamCo-founder & long-term strategist, GMO | Bearish | The Compound | US large-cap equities trade at a Shiller PE of ~29x versus the 100-year model's call of 16.8x — approximately… |
| 2023-09-19 | Ed YardeniPresident, Yardeni Research | Bullish | Bloomberg Television | A productivity boom driven by the 2020s recovery, strong earnings growth, and an economy already… |
| 2023-09-18 | Nouriel RoubiniEconomist; professor emeritus, NYU Stern | Short | Bloomberg Television | Sticky inflation, rising oil prices, and central banks not done hiking create conditions for a ~10% decline… |
| 2023-09-14 | Patrick Ceresna (Macro Voices)Co-host, MacroVoices & Market Huddle | Short | Harley Bassman | Current price action mirrors the 2007 topping process where the market briefly made higher highs before the… |
| 2023-09-06 | Jeremy GranthamCo-founder & long-term strategist, GMO | Bearish | David Rubenstein | The slow-moving impact of Fed rate hikes will torpedo the economy into a recession extending deep into 2024… |
| 2023-09-05 | Jeremy GranthamCo-founder & long-term strategist, GMO | Bearish | David Rubenstein | The 2021 bubble is still deflating and a recession extending deep into 2024 will compress profit margins and… |
| 2023-09-03 | Brent JohnsonCEO, Santiago Capital | Bullish | Brent Johnson Milkshakes Pod | Investing • Finance | Capital fleeing Europe, Asia, Australia, and EM will treat US stocks as a refuge from the global storm… |
| 2023-08-18 | Jeremy GranthamCo-founder & long-term strategist, GMO | Bearish | Bloomberg Television | Rising interest rates depress real estate and deflate post-bubble asset prices, which Grantham expects to… |
| 2023-08-16 | Bill NygrenPortfolio manager, Oakmark Funds | Bullish | Morningstar, Inc. | The valuation spread between the cheapest and most expensive S&P 500 deciles is ~60% wider than the 30-year… |
| 2023-08-10 | Joe Terranova (Virtus)Chief market strategist, Virtus | Bearish | Bill Nygren | Rally attempts over the last 10 days have been consistently met with sellers and reversed intraday… |
| 2023-08-05 | Patrick BoyleFinance professor; ex-hedge fund manager | Bullish | interview | Investors concerned about extreme market-cap concentration in the S&P 500 may get better diversification from… |
| 2023-06-30 | Ed YardeniPresident, Yardeni Research | Bullish | Bloomberg Television | Strong US fiscal spending driving onshoring and infrastructure creates a supportive backdrop for equities… |
| 2023-06-12 | Chris BloomstranPresident & CIO, Semper Augustus Investments | Bearish | Behind the Balance Sheet | Profit margins of 13.3% are artificially elevated by ~3pts from cheap corporate debt and ~1pt from the 2017… |
| 2023-06-06 | Tom Lee (Fundstrat)Co-founder & head of research, Fundstrat | Bullish | Tom Lee | Bullish on equities unless S&P exceeds ~33x forward earnings (~7900) or a recession materializes and cuts… |
| 2023-06-05 | Tom Lee (Fundstrat)Co-founder & head of research, Fundstrat | Bullish | Tom Lee | Companies that survived COVID, supply chain disruptions, and massive inflation without going bankrupt deserve… |
| 2023-06-01 | Cliff AsnessCo-founder/CIO, AQR Capital | Bearish | David Rubenstein | Equity markets are pricing in a benign soft-landing while bond markets are pricing in multiple severe rate… |
| 2023-06-01 | Howard MarksCo-chairman, Oaktree Capital | Bearish | Ivey Business School | At ~19x P/E versus a 16x post-war average, with a 5.5% earnings yield that does not clear current inflation… |
| 2023-05-25 | David RosenbergEconomist — Rosenberg Research | Bearish | Top Traders Unplugged | Imminent recession signaled by inverted yield curve, contracting real M2, and a Fed rate shock of a magnitude… |
| 2023-05-23 | Mohnish PabraiFund manager — Pabrai Investment Funds | Bullish | interview | Owning a diversified index ensures exposure to the rare outlier compounders like Walmart and Costco without… |
| 2023-05-19 | Meb FaberCo-founder & CIO, Cambria | Bearish | The Business Brew | US trades at ~30x PE vs foreign developed high-teens and EM low-teens; 30 years of US outperformance has been… |
| 2023-05-18 | Joel GreenblattCo-CIO, Gotham Asset Management | Bullish | The Hedge Fund Association | The S&P 500 is at the 23rd percentile toward expensive by Gotham's metrics, implying sub-normal but still… |
| 2023-05-15 | Paul Tudor JonesFounder/CIO, Tudor Investment Corp | Bullish | CNBC Television | Inflation has been declining for 12 straight months, the Fed is done hiking, and the financial cycle (rising… |
| 2023-04-18 | Cem KarsanFounder & CIO, Kai Volatility Advisors | Bearish | WhalePool | Dealer positioning (vanna/charm flows) and crowded hedging demand continue to compress realized equity vol… |
| 2023-03-28 | Chris BloomstranPresident & CIO, Semper Augustus Investments | Bearish | The Acquirers Podcast | US equities remain well above secular lows on every valuation metric — Shiller PE, market cap/GDP, Tobin's Q… |
| 2023-03-02 | Jeffrey GundlachCEO/CIO, DoubleLine Capital | Bearish | DoubleLine Capital | The stock market has been in a protracted bear market since Q4 2021, and real interest rates — which paused… |
| 2023-02-23 | Cliff AsnessCo-founder/CIO, AQR Capital | Bearish | Bloomberg Television | The overall US stock market is no longer in a bubble but remains very expensive versus history, and is priced… |
| 2023-02-04 | François RochonPresident & Portfolio Manager, Giverny Capital | Bullish | Francois Rochon | Corporate earnings grow 6-7% annually plus roughly 2% dividend yield produces an 8-9% annual return, doubling… |
| 2023-01-31 | Jim ChanosShort seller — Chanos & Co (family office) | Short | Jeremy Lefebvre Makes Money | The S&P at 18x forward earnings with margins at all-time highs is vulnerable because no bear market in… |
| 2023-01-30 | Host WallstreetwindowHost, WallStreetWindow | Bullish | Jeremy Grantham | Market internals turned up in October 2022, signaling the start of a cyclical bull market within a secular… |
| 2023-01-30 | Michael SwansonFounder, WallStreetWindow | Bullish | Jeremy Grantham | Improving market internals in fall 2022 signal a genuine cyclical bull market beginning, supported by… |
| 2023-01-18 | Howard MarksCo-chairman, Oaktree Capital | Bearish | Bloomberg Television | Equity markets are currently pricing in significant optimism around a soft landing and Fed pivot, which Marks… |
| 2023-01-16 | Eric BasmajianFounder, EPB Macro Research | Bearish | Michael Green | Stocks are among the most mispriced he has ever seen given imminent recessionary conditions that the market… |
| 2023-01-06 | Bill MillerFounder, Miller Value Partners (retired) | Bullish | CNBC Television | After the 2022 selloff, valuations are cheap enough that a random selection of stocks is likely to do well… |
| 2023-01-03 | Lyn AldenIndependent macro strategist | Bearish | Peter McCormack | After 2022's valuation compression, 2023 will see the second shoe drop — actual earnings weakness — putting… |
| 2022-12-16 | David RosenbergEconomist — Rosenberg Research | Bearish | Foremost Financial | The stock market has never bottomed before a recession starts, recession has not yet begun, the Fed's balance… |
| 2022-12-11 | Michael BurryFounder, Scion Asset Management | Short | Ticker Symbol: YOU | S&P 500 remains overvalued with earnings compression still ahead for big tech and the broader market, with… |
| 2022-12-10 | Michael BurryFounder, Scion Asset Management | Short | New Money | Burry's tweet 'you have no idea how short I am' and low 13F equity exposure (~26% of estimated capital… |
| 2022-12-09 | Felix ZulaufFounder, Zulauf Consulting | Short | Forward Guidance | European and Chinese recessions will hit multinational earnings hard (roughly 50% of S&P revenues are… |
| 2022-11-09 | Luke GromenMacro strategist — founder, FFTT | Bearish | ForexAnalytix | A disorderly spike in Treasury yields triggered by the structural deficit funding gap would force risk-off… |
| 2022-11-03 | Carl IcahnActivist investor — Icahn Enterprises | Short | Forbes | Inflation is structural and persistent, corporate debt taken on at cheap rates must now be refinanced at… |
| 2022-10-27 | Rob ArnottFounder & chairman, Research Affiliates | Bearish | Excess Returns | US stocks at a Shiller P/E of 27x — matching the October 2007 pre-financial-crisis peak — remain expensive… |
| 2022-10-20 | Stanley DruckenmillerChairman/CEO, Duquesne Family Office | Neutral | CNBC Events | Every 40-year secular tailwind has reversed simultaneously — QE flipping to QT, globalization unwinding into… |
| 2022-09-13 | Kris SidialCo-CIO, Ambrus Group | Bearish | Chat With Traders | Sub-5-delta SPX puts and VIX-linked instruments produce convex 50x+ payouts in 30%-+ crash events, and the… |
| 2022-07-14 | Meb FaberCo-founder & CIO, Cambria | Bearish | Stansberry Research | US stocks are expensive at a CAPE of ~30 versus a historical average of ~20, now in a downtrend (the… |
| 2022-07-08 | Jim Lebenthal (Cerity)Partner, Cerity Partners | Bullish | CNBC Halftime Committee | Rally is a relief bounce, not a new bull — aggressive Fed plus hot near-term inflation prints could retest… |
| 2022-07-07 | Cem KarsanFounder & CIO, Kai Volatility Advisors | Bearish | Capital Market Laboratories | Secular populism shift forces fiscal redistribution → persistent inflation → rising rates → multiple… |
| 2022-06-27 | Benn EifertCo-founder & CIO, QVR Advisors | Neutral | Simplify Asset Management | Systematic covered-call and cash-secured-put selling programs have materially shrunk since 2020, removing the… |
| 2022-05-24 | Ken FisherFounder & executive chairman, Fisher Investments | Bullish | Fox Market Check (playlist) | The simultaneous pile-up of seven scary stories is creating a historic 'pessimism of disbelief' which is… |
| 2022-05-18 | Zoltan PozsarFounder, Ex Uno Plures; ex-Credit Suisse | Bearish | Young Scholars Initiative | The Fed is deliberately engineering reverse wealth effects to crush demand in a shortage economy, and markets… |
| 2022-04-27 | Chris BloomstranPresident & CIO, Semper Augustus Investments | Bearish | The Meb Faber Show | Decomposition of S&P 500 returns shows starting conditions of record 13.4% profit margins, mid-20s P/E, and… |
| 2022-04-26 | Meb FaberCo-founder & CIO, Cambria | Short | Excess Returns | US equities sit at historically extreme valuations (high CAPE) projecting near-zero real returns for the next… |
| 2022-04-10 | Chris BloomstranPresident & CIO, Semper Augustus Investments | Bearish | Preston Pysh | With profit margins at all-time highs (13.4%), PE at 23.6x, and dividend yield compressed to 1.3%, there is… |
| 2022-03-25 | Dan Nathan (RiskReversal)Trader & co-host, RiskReversal Media | Short | Gavin Baker | S&P at ~19x forward earnings is overvalued — the market has priced in all the Fed hikes but not the… |
| 2022-03-25 | Guy Adami (RiskReversal)Trader & CNBC Fast Money panelist | Bearish | Gavin Baker | The rally is pricing in three optimistic outcomes simultaneously — Ukraine peace, no China-Taiwan escalation… |
| 2022-02-12 | Ed YardeniPresident, Yardeni Research | Bullish | WEALTHTRACK | Earnings growth continues into the expansion phase while valuation multiples have already corrected… |
| 2021-12-17 | Tom Lee (Fundstrat)Co-founder & head of research, Fundstrat | Bullish | Tom Lee | Midterm-year math and post-big-return-year historical returns point to an ~11% base case for 2022, with the… |
| 2021-10-28 | Chris BloomstranPresident & CIO, Semper Augustus Investments | Bearish | The Business Brew | The S&P 500 is as expensive as at the 2000, 1929, and 1968 peaks—with profit margins at record highs leaving… |
| 2021-10-22 | Dev KantesariaManaging partner, Valley Forge Capital | Bullish | Preston Pysh | The ~5% S&P 500 earnings yield vs. the 1.4-1.5% 10-year Treasury represents a historically wide spread… |
| 2021-06-28 | Jason KatzManaging director, wealth management, UBS | Bullish | Fox Varney & Co | Fed is on hold for at least 18 months with no rate hike and taper not starting until late 2021/early 2022… |
| 2021-04-10 | Benn EifertCo-founder & CIO, QVR Advisors | Short | Flirting with Models | Overleveraged hedge funds and systematic programs that had been selling tail risk and suppressing deep OTM… |
| 2021-04-10 | Benn EifertCo-founder & CIO, QVR Advisors | Bullish | Flirting with Models | 30-delta S&P puts 2-3 months out represent the least crowded segment of the option-selling spectrum — still… |
| 2021-04-09 | Felix ZulaufFounder, Zulauf Consulting | Bearish | Real Vision Presents | Near the end of the second up-leg from the March 2020 low with a multi-week correction imminent (1987 analog… |
| 2021-01-04 | Lyn AldenIndependent macro strategist | Bearish | Raoul Pal | US equities face poor real returns through the 2020s as a century-long trend of declining effective corporate… |
| 2021-01-04 | Raoul PalCo-founder, Real Vision; ex-GLG PM | Bearish | Real Vision | Persistently below-trend GDP growth will cause solvency problems to compound, and since the Fed is… |
| 2020-12-17 | Tom HayesFounder & chairman, Great Hill Capital | Bullish | Fox Claman Countdown | Fed holding short rates low through 2023, $120B/month in asset purchases, $900B fiscal bridge to full… |
| 2020-12-02 | Peter LynchFormer manager, Fidelity Magellan Fund | Bullish | NA | Corporate profits growing 7-8% annually (doubling every decade) make equities far superior to 10-year… |
| 2020-11-19 | Warren BuffettChairman, Berkshire Hathaway | Bullish | Investor Archive | Geopolitical crises including potential wars do not change the long-term value of productive businesses… |
| 2020-11-19 | Warren BuffettChairman, Berkshire Hathaway | Bullish | Investor Archive | US stocks are in a zone of reasonableness relative to current valuations and are clearly preferable to… |
| 2020-11-19 | Bill GatesCo-founder, Microsoft; chair, Gates Foundation | Bullish | Warren Buffett | Relative to prevailing interest rates, equities remain a bargain despite nominal all-time highs, because… |
| 2020-11-03 | Rob ArnottFounder & chairman, Research Affiliates | Bearish | Investment Innovation Institute [i3] | With the US Shiller PE in the low 30s—only exceeded at the 1929 peak and the apex of the tech bubble—forward… |
| 2020-05-18 | Chris BloomstranPresident & CIO, Semper Augustus Investments | Bearish | The Acquirers Podcast | S&P 500 normalized earnings power is roughly $100–$110/unit implying fair value of $1,500–$1,650, while the… |
| 2020-05-18 | Tobias CarlisleFounder & CIO, Acquirers Funds | Bearish | The Acquirers Podcast | S&P 500 fair value on normalized earnings is approximately $1,800, implying the index at ~$3,000 is roughly… |
| 2020-03-30 | Benn EifertCo-founder & CIO, QVR Advisors | Neutral | The Alpha Exchange with Dean Curnutt | After the vol spike, forward-looking volatility risk premia are now materially higher, making notionally… |
| 2020-03-18 | Whitney TilsonFormer hedge fund manager — T2 Partners | Bullish | Yahoo Finance | Market is down 30%+ from peak and historically buying the S&P 500 after a 30-35% drawdown has never failed to… |
| 2020-01-23 | David RosenbergEconomist — Rosenberg Research | Bearish | DoubleLine Capital | Four-trillion dollars of corporate debt issuance funded share buybacks rather than capex, creating an… |
| 2020-01-18 | Benn EifertCo-founder & CIO, QVR Advisors | Bullish | MH Highlights | Massive structural, price-insensitive selling by pension funds doing call overwriting and put underwriting… |
| 2019-09-24 | John BurbankFounder, Passport Capital | Bullish | Kyle Bass | In a risk-off deleveraging event driven by dollar strength and liquidity contraction, small caps suffer… |
| 2019-03-08 | Chris Cole (Artemis)Founder & CIO, Artemis Capital Management | Bullish | interview | Fed pivot away from rate hikes (Powell stopping hikes) has driven a sharp YTD rally with SPX running at… |
| 2019-02-18 | Jeffrey GundlachCEO/CIO, DoubleLine Capital | Bearish | Yahoo Finance | Bear market began with Bitcoin's mania collapse, then cascaded sequentially through global equities… |
| 2019-01-28 | Brent JohnsonCEO, Santiago Capital | Bullish | The Jay Martin Show | Global capital flight from crumbling EM economies and European instability will make US stocks a refuge… |
| 2018-03-18 | Bill MillerFounder, Miller Value Partners (retired) | Bullish | The Intrinsic Value Podcast | Global synchronized recovery is intact, market valuations at ~17x forward earnings are not demanding relative… |
| 2017-06-20 | David RosenbergEconomist — Rosenberg Research | Bearish | CNBC | Stock market's implied reflation/growth-reacceleration thesis is low-odds given disinflation data, weak GDP… |
| 2016-08-02 | Meb FaberCo-founder & CIO, Cambria | Neutral | Invest Like a Boss Podcast | US stocks are trading at a Shiller CAPE of ~25, above the historical average of 17, implying reduced future… |
| 2015-07-17 | Carl IcahnActivist investor — Icahn Enterprises | Short | Business NL | The Fed's own admission that monetary-policy effects on financial vulnerabilities — excessive leverage and… |
| 2014-07-02 | Meb FaberCo-founder & CIO, Cambria | Neutral | Talks at Google | US CAPE of ~26 places the market in the most expensive historical bucket, implying real forward 10-year… |
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The options tape
Notable options days
No notable options-tape days on SPY in the last
120 settled sessions (volume ≥ 2× or
delta-dollar flow ≥ 2.5× the trailing 20-session
baseline). Quiet is also information.
The Wheel · put-selling
SPY on the Wheel
SPY passed our 1-month put test (30-delta put, 30–45 days, sold at the bid, bought back at half the credit), 2017–2026.
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