Click the link below to listen to John’s Kosar’s Thursday August 18th interview with Jim Puplava of the popular Financial Sense website.
John Kosar: Market Way Too Complacent – Don’t Chase New Highs
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Jim welcomes back John Kosar CMT, Chief Investment Strategist at Asbury Research LLC. John is currently looking for a market pull-back in the 4-7% range. He sees a fat and happy market, with the VIX stuck around 12 for many weeks. He believes this is not the time to put new money to work. In addition, September is historically the weakest month of the year in the markets. Shorter term, he sees the Brexit lows as the “line in the sand” and if those lows hold in a pull-back, you can expect a rapid recovery. Longer term John is more optimistic and sees the S&P 500 up by 10-15% within the next year or so. John also discusses gold and interest rates and introduces a special research package for individual investors.
In John Kosar’s previous June 9th interview by Financial Sense, he made 8 separate forecasts in various financial markets. Click Here To See How They Turned Out
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Thanks to Jim Puplava and his staff for the invitation and another opportunity to speak to his large and loyal following of professional and individual investors.