John Kosar: Political Uncertainty Driving Market Angst
Jim welcomes back John Kosar CMT, Chief Investment Strategist at Asbury Research LLC.
In John’s previous Financial Sense interview on August 18th, he warned investors not to chase the new highs that were being made in the S&P 500 because he felt that near term downside risk exceeded upside potential. Unknown at the time was that the S&P 500 had actually peaked 3 days earlier, on August 15th, and then proceeded to decline by 110 points or 5% into Friday’s (November 5th) 2,084 low.
In his latest interview, John discusses Asbury Research’s outlook for the US stock market, US interest rates, the Dollar, and commodity prices through the end of this year and into early 2017. He also discusses specific areas of the investment universe where he sees the most risk and the greatest opportunity.
Asbury Research subscribers can view our current research on the US stock market and market sectors, US interest rates, the US Dollar, and commodities by logging into the Research Center via the big gold button in the upper right corner of the screen.
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.