Thursday, May 23, 2024

Could America's "loneliest bull" be right again?

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Dear reader,

No one believed Jason Bodner this time last year.

But as the mainstream media was all but guaranteed a recession in 2023, he went on camera about some unusual trading volume that defied history.

He said:

“This is actually good news for us bulls who want to see prices going higher.”

It wasn’t a popular opinion. Two-thirds of Chief Economists at the World Economic Forum that month said a recession was coming in 2023.

And weeks before, Mark Zandy of Moody’s Analytics had said:

“Every person on TV says recession. I’ve never seen anything like it.”

But you know what happened instead…

Over the next six months, the Nasdaq had its strongest first half of a year since 1983.

And the Nasdaq 100 closed up 55% for 2023, while the “Magnificent Seven” mega tech firms added trillions of dollars in value.

Which brings us to the present moment…

Today, most economists have caught up to where Jason was a year ago.

74% of them now say there will be no recession in 2024.

But once again, Jason sees things differently.

As the media celebrates the latest economic figures, and the Dow hits a new record high…

Jason just went on record warning of a crash — and not the kind anyone expects.

Why has America’s loneliest bull — who stood his ground against last year’s faulty doom-and-good narrative — now telling investors to take cover?

This presentation explains it all in full.


Regards,

Nick Christ

Director of Member Services, TradeSmith

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