War Interrupts Irrational Exuberance And There's More Bad News Coming

(11min)

Summary

  • The Iran and Israel conflict is threatening to expand and cause an energy shock that is inflationary and can disrupt global credit.
  • President Trump's tariff wildcard could further disrupt supply chains and add to a potential "mini-stagflation" scenario.
  • Managing your risk could include reducing risk assets and holding more cash in the short term.
  • This idea was discussed in more depth with members of my private investing community, Margin of Safety Investing. Learn More »

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In my 2024 forecast piece I forecast a huge up year, exceeding most Wall Street and Seeking Alpha analysts. The title was tongue in cheek because back in 2022, when I called for a bear market (that happened), I was

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This article was written by

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Kirk Spano is the founder of Bluemound Asset Management, LLC and has managed money for a wide range of clients since 1995. His passion is helping hardworking people make more money with less risk. Kirk’s investing group Margin of Safety Investing features his stock and ETF focus lists, trade alerts, option selling for income and macro analysis. Learn more.

Analyst’s Disclosure:I/we have a beneficial long position in the shares of BTC-USD either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

I own a core position in Bitcoin in cold storage, but do not own any Bitcoin ETFs right now. I own a Registered Investment Advisor, however, publish separately for self-directed investors. Please read all the related disclaimers and terms at BluemoundAM.com

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