About this episode

David Hunter discusses his bullish outlook on the stock market and warns of a potential severe global bust.

David Hunter, Chief Macro Strategist with Contrarian Macro Advisors, maintains his highly bullish short-term outlook for equities, believing the stock market is in the final stages of a 44-year secular bull market that began in 1982. He anticipates a "melt-up" that could drive the S&P 500 to 10,000 and the NASDAQ to 36,000, representing a 30-35% gain compressed into just a few months. He attributes this potential surge not to new liquidity creation, but to existing capital being deployed as market momentum and shifting investor psychology overcome current cautious narratives. Hunter presents a contrarian view on interest rates, arguing that the recent rise in yields is a counter-trend move tied to oil prices driven by geopolitical tensions with Iran. He expects both oil and bond yields to roll over soon, with the 10-year Treasury yield potentially falling below 4% and eventually to 3%, providing a tailwind for stocks. He also sees gold and silver breaking out of their multi-month consolidation, setting the stage for a steep rally with targets of $7,000 for gold and $200 for silver, potentially topping alongside equities. This melt-up, however, sets the stage for a severe…

People in this episode

Host: Tom Bodrovics

Guest: David Hunter

Topics covered

• stock market
• bull market
• interest rates
• economic outlook
• financial crisis

Keywords

• equities
• S&P 500
• NASDAQ
• interest rates
• gold
• silver
• financial system
• deflationary crash

Mentioned in this episode

Organizations: Contrarian Macro Advisors

Places: Iran

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