Over the course of 2023, volatility in the stock market has been credited to high interest rates and overvalued stocks. Based on technical signals and evaluation, analysts are predicting that more turmoil could be on the way.
“Equity risk premium is near its worst ever level going back to 1927. In the 6 instances this has occurred, the markets saw a major correction and recession/depression—1929, 1969, 1999–2000, 2007, 2018–2019, [and] present.”—Research firm MacroEdge, October 7, 2023
What data are analysts using to back up this conclusion, and how can consumers protect themselves from a market pullback?
Click on the video link below for exclusive insights on this topic from U.S. Money Reserve’s Coy Wells.
Related headlines from around the web:
- Business Insider: “The last time U.S. stocks were this pricey relative to the debt market, the S&P 500 crashed 50%”
- CNBC: “JPMorgan’s Marko Kolanovic braces for 20% market plunge, delivers recession warning”
- Yahoo Finance: “Buy bonds & gold, be underweight equities: JPMorgan strategist”
Protect your portfolio with precious metals today.
Gold has historically been used as a hedge against economic uncertainty and market turbulence. As paper-based assets like stocks continue to experience volatility and inflation continues to deflate the dollar’s purchasing power, now may be the perfect time to add wealth protection to your portfolio in the form of physical gold.
Watch U.S. Money Reserve’s “Market Insider” each week for more economic insights. Nothing herein should be considered as portfolio or retirement advice as U.S. Money Reserve (“USMR”) cannot and does not offer financial advice. Clients should consult a financial advisor for specific advice. This commentary is provided by USMR for informational purposes only and is provided on an “as is” basis without any warranty of any kind, whether express or implied. Your use of the information provided in this commentary is entirely at your own risk. In no event will USMR be held liable for any indirect, special, incidental, or consequential damages arising from the use of information contained in this commentary.