Stocks Will Continue To Crush Bonds In 2024

Stocks Will Continue To Crush Bonds In 2024 | Joseph Wang

Рет қаралды 30,833

Күн бұрын

This week Joseph Wang joins the show post FOMC to break down how markets are reacting to positive inflation data & Powell's press conference comments. As the U.S continues to run large fiscal deficits, Joseph outlines his thesis for why he expects stocks to continue crushing bonds in 2024 & why markets will actually crash up instead of down. Enjoy!
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Join us at Permissionless III Oct 9-11. Use code: MARGIN10 for a 10% discount: blockworks.co/event/permissio...
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Timestamps:
00:00 Introduction
01:14 FOMC Meeting Takeaways
10:30 The U.S Labour Market
12:56 Mantra Ad
14:05 Stocks Will Continue To Crush Bonds In 2024
16:43 Rate Cuts Are Coming... And It's Bullish
19:51 Gold, Commodities & Bitcoin
23:45 Crypto's Wealth Effect
27:55 Is There A Bear Case For Equities?
30:14 Permissionless Ad
30:52 Monetary Plumbing & The QT Taper
34:32 Presidential Elections & Their Impact On Markets
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Disclaimer: Nothing discussed on On The Margin should be considered as investment advice. Please always do your own research & speak to a financial advisor before thinking about, thinking about putting your money into these crazy markets.

Пікірлер: 177

@tonysilke Ай бұрын

Currently I'm just being smart and frugal with my money, I'm in the green 47% over the last 23 months and l've accumulated over $70K in pure profits from DCA’ing into stocks, ETFs, dividends and futures. However I’ve been in the red for a month now. I work hard for my money, so investing is making me a nervous sad wreck. I don’t know if I should sell everything, sit and just wait.

@Nernst96 Ай бұрын

Stocks are pretty unstable at the moment, but if you do the right math, you should be just fine. Bloomberg and other finance media have been recording cases of folks gaining over 250k just in a matter of weeks/couple months, so I think there are a lot of wealth transfer in this downtime if you know where to look.

@PatrickLloyd- Ай бұрын

completely agree. I have been consistent with my profit regardless of the market conditions. I got into the market early in 2019 and the constant downtrends and losses discouraged me, so I sold off. I got back in December 2020 and this time with guidance from an investment adviser who was recommended by a colleague

@PhilipDunk Ай бұрын

Is there any chance you could recommend who you work with? I've wanted to make this switch for a very long time now, but I've been very hesitant about. I'll appreciate any recommendation.

@PatrickLloyd- Ай бұрын

Vivian Carol Gioia is the licensed advisor I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment.

@PhilipDunk Ай бұрын

She appears to be a true authority in her profession with over two decades of experience. I looked her up on the internet and skimmed through her site, very professional. already sent her an inquiry hoping for a response soon.

@gingerkilkus Ай бұрын

Biggest lesson i learnt in 2023 in the stock market is that nobody knows what is going to happen next, so practice some humility and follow a strategy with a long term edge.

@leojack9090 Ай бұрын

Nobody knows anything; You need to create your own process, manage risk, and stick to the plan, through thick or thin, While also continuously learning from mistakes and improving.

@LucasBenjamin-hv7sk Ай бұрын

Uncertainty... it took me 5 years to stop trying to predict what bout to happen in market based on charts studying, cause you never know. not having a mentor cost me 5 years of pain I learn to go we’re the market is wanting to go and keep it simple with discipline.

@hasede-lg9hj Ай бұрын

@@LucasBenjamin-hv7sk Impressive can you share more info?

@LucasBenjamin-hv7sk Ай бұрын

I won't pretend to know everything, though. Her name is Annette Marie Holt but I won't say anything more. Most likely, you can find her basic information online; you are welcome to do further study.

@KarlyNoorda Ай бұрын

@@LucasBenjamin-hv7sk I searched for her name on the internet, found her page, and reached out via email to schedule a conversation. Thank you.

@GillerHeston Ай бұрын

Stocks extended their year-to-date rally following the CPI report, with the S&P 500 last up 0.8% in afternoon trading. but I don't know if stocks will quickly rebound, continue to pull back or move sideways for a few weeks, or if conditions will rapidly deteriorate.I am under pressure to grow my reserve.

@rogerwheelers4322 Ай бұрын

There are many other interesting stocks in many industries that you might follow. You don't have to act on every forecast, so I'll suggest that you work with a financial advisor who can help you choose the best times to purchase and sell the shares or ETFs you want to acquire.

@joshbarney114 Ай бұрын

I agree, that's the more reason I prefer my day to day investment decisions being guided by an advisor, seeing that their entire skillset is built around going long and short at the same time both employing risk for its asymmetrical upside and laying off risk as a hedge against the inevitable downward turns, coupled with the exclusive information/analysis they have, it's near impossible to not out-perform, been using my advisor for over 2years+ and I've netted over 2.8million.

@FabioOdelega876 Ай бұрын

I appreciate the implementation of ideas and strategies that result to unmeasurable progress. Being heavily liquid, I'd rather not reinvent the wheel, thus the search for a reputable advisor, mind sharing info of this person guiding you please?

@joshbarney114 Ай бұрын

Finding financial advisors like Marisa Breton Dollard who can assist you shape your portfolio would be a very creative option. There will be difficult times ahead, and prudent personal money management will be essential to navigating them.

@FabioOdelega876 Ай бұрын

I greatly appreciate it. I'm fortunate to have come upon your message because investing greatly fascinates me. I'll look Marisa Breton Dollard up and send her a message. You've truly motivated me. God's blessings on you.

@Patriciabanks5 Ай бұрын

A diverse portfolio spread across stocks, i-bonds and dividend stock funds is generally my ideal investment to beat inflation for the average investor it provides greater long term returns. it has worked out best for me in achieving a 7 figure on my portfolio also with the help of a FA handling my portfolio. smart investing is key.

@MarkGrimm8 Ай бұрын

that's quite impressive, you've surely made a good bit of money

@Johnlarry12 Ай бұрын

I'm trying to build a three fund portfolio, but i'm still trying to wrap my head around it ..can I maybe get a link through to your FA?

@Patriciabanks5 Ай бұрын

Certainly, there are a handful of experts in the field. I've experimented with a few over the past years, but I've stuck with Carol Vivian Constable for about five years now, and her performance has been consistently impressive.She’s quite known in her field, look-her up.

@Johnlarry12 Ай бұрын

Thanks a lot for this suggestion. I needed this myself, I looked her up, and I have sent her an email. I hope she gets back to me soon.

@VerNik-rw5dw Ай бұрын

Why review charts if there is unmantic?

@whatasdf Ай бұрын

For those who don't know, Felix (the host) is one of best macro voices in the crypto space. He made some great calls over the past couple years. Hope to see more of him on Blockworks, this interview was great. Joseph was great as always.

@Elcuale Ай бұрын

Very knowledgeable guest. I'm now following Joseph Wang on x. Lots of common sense.

@Janewillams684 Ай бұрын

What is the best way to make money from crypto investment as crypto is turning around massively.?❤️

@Alexandre13934 Ай бұрын

I think all you need is an expert assigned by a brokerage company that will trade for you and handle your capital professionally and give you weekly returns of investment without any extra fees attached

@Alexandre13934 Ай бұрын

Ms Joyce Albert as my t'rader. Her ability and produce big pro.fits,in my opinion is excellent

@LaimOliver-gd9we Ай бұрын

To be honest I invested as low as $10,000 because I was skeptical initially.Recieving my profit weekly without any attached fees gave me more confidence to reinvest

@Jacksonx13659 Ай бұрын

Goodness gracious I'm so excited seeing Ms.Joyce Albert been mentioned here also. Didn't know she has been good to other people too, this is wonderful because I also started with a KZfaq referral like this.

@Vero89736 Ай бұрын

Guys you've made my day! I've lost so much money on my own. How do I reach her please 🙏

@soothingrelaxationandmedit68 Ай бұрын

No doubt making smart plans and setting up diversified investment portfolios is quite essential.

@soothingrelaxationandmedit68 Ай бұрын

Purchasing a stock may seem straightforward, but selecting the correct stock without a proven strategy can be exceedingly challenging.

@camela8445 Ай бұрын

the problem is that most don't have the knowledge needed to succeed in a challenging market. Only highly qualified professionals who had to experience the 2008 financial crisis could hope to earn a high in these challenging conditions.

@camela8445 Ай бұрын

the strategies for diversification into other commodities are quite rigorous for the regular-Joe. As a matter of fact, they are mostly successfully carried out by pros who have had a great deal of skills and knowledge

@V.stones Ай бұрын

Honestly this cannot be overemphasized, helping people mitigate unforseen circumstances and mistakes .It's always good to have a financial plan,

@V.stones Ай бұрын

It's crucial for individuals to diversify their portfolios, seek professional financial advice, and stay informed about market trends to navigate these challenges effectively.

@kevinwright7026 Ай бұрын

This guy gets it. Infinite QE or fiscal spending = stonks go up

@modelmark Ай бұрын

Powell said that the white house cooked the books regarding employement data. That was fun

@divertiti Ай бұрын

That's not what he said

@MrTigerStarX Ай бұрын

Liar

@gregorydearmond6817 Ай бұрын

⁠@@divertitiwhat he said was “there was your job losses and household survey, job gains big job gains in the establishment survey. So, I mean, we’re left with ambiguous results, and we have to deal with uncertainty around data.” He also states “There’s an argument that they may be a bit overstated” when referring to employment data. He also had body language and tone with that statement, but that is up for interpretation. Feel free to interpret that how you like, but I think it’s clear the Fed doesn’t take this particular data as completely precise. Powell made sure not to reference the White House explicitly, and I think he is trying to avoid being politically charged. So the data is not very trusted, but he did not speculate as to why.

@margator1036 Ай бұрын

The dual mandate is try to serve to masters diametricaly opposed. There should be one mandate, sound and stable money.

@ntskl Ай бұрын

Well then you don't want a central bank at all, do you?

@Anon-nd1ek Ай бұрын

Joseph is always the GOAT

@D5MDJM7738 Ай бұрын

More like the donkey

@Four_Eyes Ай бұрын

Excellent job with the interview. Welcome to BW and hope you keep it up.

@aleaiactaest8354 Ай бұрын

Great interview, excellent guest.

@peshao1 Ай бұрын

It is funny how everybody is trying to force the idea of cuts since last year...and the speech of Feed has never changed....Higher for longer...we are too used to the easy money....

@hassandiallo5326 Ай бұрын

have you ever had easy money?

@Csharpflat5 Ай бұрын

Not me but the big money players are feeding from the beast that feeds them.

@peshao1 Ай бұрын

@hassandiallo5326 right now, the new american dream is make 10x in stocks...because to make money working, ....is now impossible

@slowridefpv9668 Ай бұрын

Consistently wishy washy. Price in 7 cuts, then 3 cuts, 2 cut, then 1 cut. Never going back and revising down. Market only goes up until it doesn’t.

@peshao1 Ай бұрын

@slowridefpv9668 that is why I think that we are in a musical chair game....at this point all the bulls are seeding hopes based on pure speculations!!!...

@decentralist Ай бұрын

awesome interview - thank you

@mattanderson6672 Ай бұрын

Thank you both, fantastic

@oelrom Ай бұрын

A friend asked: When have the FED made gradual rate cuts? EVER?

@jairomoreno8924 Ай бұрын

In 1995-96

@bobwright-90 Ай бұрын

Stocks in the short term look more likely to move downward. I Just inherited $500k which I Look forward to invest. what stocks should I look into as a newbie to safely grow my money?

@Peterl4290 Ай бұрын

Thats when you hire someone to manage your money. You need a (CFP) straight up! personally, I would invest in ETF's and also love investing in individual stocks.

@larrypaul-cw9nk Ай бұрын

I took charge of my portfolio but faced losses in 2022. Realizing the need for a change, I sought advice from a fiduciary advisor. Through restructuring and diversification with dividend stocks, ETFs, Mutual funds, and REITs, my $1.2M portfolio surged, yielding an annualized gain of 28%.

@sabastinenoah Ай бұрын

Do you mind sharing info on the adviser who assisted you?

@sabastinenoah Ай бұрын

I just Googled her name and her website came up right away. It looks interesting so far. I'm going to send a mail to her and let you know how it goes.Thanks for sharing truly!

@derekseifert7 Ай бұрын

Whatever you do, don't take a hot tip here, everyone who knows something already knows from backwards looking results. Also, don't invest heavily in commodities, have exposure to them, but don't buy them just because they look cheap. The ability for this global economy to keep growing exponentially is quite limited. Demographically we are going to be slowing for quite some time. We all better hope AI provides productivity gains, or we're looking at a "depression" of awful economic growth for at least 2 decades.

@BR-hi6yt Ай бұрын

Yup the government is unconcerned about the debt now and its spend. spend, spend on useless projects that keep them in power.

@smsfelipe Ай бұрын

Agree on 3 cuts

@MrFox64057 Ай бұрын

I feel validated

@glockgopop Ай бұрын

Always feels to me like Joseph is expecting the Fed to do the "right thing" when they won't, don't and never do.

@5harkbyte460 Ай бұрын

HIs calls over the past couple of years haven’t exactly been spot on….

@tactileslut Ай бұрын

He says first cut in September. I'll bet the first replier on topic $50 that that doesn't happen. Comment edits not permitted.

@D5MDJM7738 Ай бұрын

Yah joseph has no clue what he's talking about

@glockgopop Ай бұрын

@5harkbyte460 nobody really is with their predictions and that's fine but being misguided on the intentions of the Fed is something I can't take seriously

@glockgopop Ай бұрын

@D5MDJM7738 he's a smart dude so wouldn't say that entirely. He just has way too much trust in institutions that have no interest in doing the right thing outside of what's best for their stakeholders which is not me or u

@MichaelHarrington17 Ай бұрын

Aren't the FFR and QT two complementary tools to tighten financial conditions and also give the Fed more wiggle room to reverse tightening when necessary? The Fed wants to cool the housing market but doesn't want to break the credit markets, so QT does that better than the FFR, no? QT is also below the radar, while the FFR is a headliner.

@skarappayallihutti807 Ай бұрын

Not here to shill, but the Times Square ad for Cyberopolis made me Google it.

@Rishi_ffprogamer Ай бұрын

Not a shill, but that Times Square announcement was hard to ignore. Cyberopolis will be big!

@DixieGeezer Ай бұрын

Dream On. No upside on stocks.

@utubeuser5312 Ай бұрын

Adding “workers”. Ya sometimes. It’s actually like adding elderly as English learners are dependent for years if not forever

@kikaalvesdesouza8429 Ай бұрын

What are the odds of FED easing small banks monetary restrictions instead of cutting rates?

@user-tv6bh3bp2d Ай бұрын

Is the S&P 500 now replacing the 10 year as "safety"?

@Fast5322 Ай бұрын

Watching the crypto market's ups and downs shows how quickly things can change. In crypto, strategic, informed trading isn't a choice; it's a must. Remember, caution is as crucial as ambition here. This dedication to continuous learning is inspiring...managed to grow a nest egg of around 1.2Biitcoin to a decent 11.4Biitcoin... I'm especially grateful to Linda Wilburn, whose deep expertise and traditional trading acumen have been invaluable in this challenging, ever-evolving financial landscape…..

@Fast5322 Ай бұрын

Linda Wilburn program is widely available online.

@divertiti Ай бұрын

Linda Wilburn is a SCAMMER! You'll never see your money again, don't fall for it!

@meyroakabigrem1679 Ай бұрын

Bitcoin not crypto…

@bobsondugnutt7526 Ай бұрын

sustained inflation + extreme deficit spending = per capita recession. great

@henrykennedy457 Ай бұрын

Keep rates up, the only way to force govt to reduce spending.

@jphone9200 Ай бұрын

They can put the market wherever they want so there's only a risk of going too too high if they want to cause weinmar which they don't they don't mind crashing markets bc that doesn't end countries but we shall certainly see indexes double from here over the next 5 years

@lunapro9055 Ай бұрын

8:11 14:41 34:54

@ayu5657 Ай бұрын

If 5% US10Y again, small caps will continue to be smashed and it will be mag 7 story all year again

@shanewatkins1350 Ай бұрын

Joseph, Block Works Recent Well bid US 10y and 30y bonds??? Has the Federal Reserve started funding the big banks with QE money to buy long end dated Bonds ?

@sheldongardner3150 Ай бұрын

I missed out on the growth of AMD, NVDA, and ASML like I did with GME, but I'm thankful I kept my money in the money market. With around $150k becoming available soon, I intend to enter the stock market. Which stocks would you recommend for me to invest in to lower my average cost and securely increase my funds?

@fisiyeibrahim2820 Ай бұрын

Thats when you hire someone to manage your money. You need a (CFP) straight up! personally, I would invest in ETF's and also love investing in individual stocks.

@gennavievaddi5535 Ай бұрын

I took charge of my portfolio but faced losses in 2022. Realizing the need for a change, I sought advice from a fiduciary-advisor. Through restructuring and diversification with dividend stocks, ETFs, Mutual funds, and MBS, my $1.2M portfolio surged, yielding an annualized gain of 128%.

@incurableromantic4006 Ай бұрын

Well - everyone who's been bearish for the last 15 years has been wrong. . . . . . . . .

@henrykennedy457 Ай бұрын

Joe got some sun? Looking good

@bentonx9063 Ай бұрын

how do you even factor in ai and unemployment none of the historical data accounts for ai reducing to near zero the workload for hundreds of thousands

@dt-jy1ig Ай бұрын

Why this obsession over rate cuts when the data doesn’t come close to supporting it. A cut would signal the economy needs help, it’s really not something to wish for. Since inflation is a front burner issue, how will a rate cut help ease it? It won’t. A cut will juice inflation once again which will cause long rates to rise and keep the mortgage rate at 7+.

@beerkegaard Ай бұрын

My guess is they keep rates the same but find a back door way to ease the debt obligation

@genZetarded Ай бұрын

Crypto speculators, not investors.

@cuzmariosaidso Ай бұрын

Rate cut are coming lol just keep waiting & buy bonds 😂😂😂

@fl0ridaman123 Ай бұрын

buy bitcoin 🚀🚀🚀🚀🚀

@togoni Ай бұрын

😂😂

@jonathantaylor6926 Ай бұрын

Yeah the FED is going to cut with the stock market at ATH's just like all the other zero times they have done that lol.

@briancrowley1287 Ай бұрын

The Fed has a low inflation and unemployment mandate not a low equity prices mandate. The Feds real single mandate is to allow the treasury to keep issuing debt and it does that through lowering rates and increasing taxable income.

@jcgoogle1808 Ай бұрын

He said the Fed would cut when an unemployment jump happens,.. as Powell himself has said.

@jcgoogle1808 Ай бұрын

@@briancrowley1287 "The Feds real single mandate is to allow the treasury to keep issuing debt and it does that through lowering rates and increasing taxable income." Maybe Bernanke, but I'd say Powell's mandate for the last couple of years has been to keep rates high as well as continue QT to try to dissuade if not stop the government from issuing debt,.. but senile ole joe and the demcorats can't get anyone to vote for their insane policies without stealing from tax payers' and using their money like the DNC's own campaign finance slush fund. I'm sure Powell is thinking,.. "hey youmorons,.. stop running up the deficits and debt,.. while I'm trying to quell inflation,.... you're destroying the country,.....",.. but he says they stay out of commenting on fiscal abuse. Volcker would, but not Powell.

@jonathantaylor6926 Ай бұрын

@@briancrowley1287 Core at 3.4% isn't low inflation. Unemployment is not automatically deflationary and once you factor in unemployment insurance (that allows people who produce 0 to still consume) its arguably inflationary. The FED has never and will never cut with markets at ATH's.

@MrKevinwg Ай бұрын

@@jonathantaylor6926 That consumption is offset by paying in unemployment premiums by the employer when they are employed.

@margator1036 Ай бұрын

The U.S. should stop weaponizing the dollar and the U.S. Treasury. This is hurting the dollar and the treasury as the reserve currency and reserve asset. This is important.

@user-wd2so5gq8m Ай бұрын

Cyberopolis, easy 50-200x in next few months

@CaseyPonder Ай бұрын

3 cuts this year?!?!? 🤣 No way!!

@CRYPTOCASHER12 Ай бұрын

Honestly, I don't understand why you're discussing these dubious schemes. There are plenty of options like Unimantic and similar ones that are fast and profitable.

@buckrogers8672 Ай бұрын

Joe is a permabull, a brilliant one though

@D5MDJM7738 Ай бұрын

Yeah a permabull. A thick permabull

@margator1036 Ай бұрын

Crash - up , interesting term.

@incawarrior5470 Ай бұрын

What is this guy talking about? Anyone that is in real estate knows that rents are not going up anymore, if anything they have decreased (especially for apartments). Strip owners' equivalent rent from CPI, to reflect reality and see what that number looks like.... We don't have "inflation" anymore folks... what is this guy talking about? 😵

@maheshwarmahato3067 Ай бұрын

Love BTC the most, but it is time to put some into presales. Cyberopolis is the next big thing.

@togoni Ай бұрын

This dude is useless and always wrong 🤪

@samuel2149 Ай бұрын

I have learned a lot concerning crypto progress this time and would like to join in. I wish I can get a good mentor

@Grealish999 Ай бұрын

Evelyn Turner is the professional that guides me and her optimal returns are really impressive

@YankeefJone Ай бұрын

Yeah, I believe investing with a professional is the optimal approach, as it mitigates the risk of significant losses. Did you truly know her? I was under the impression that I was the sole beneficiary of her guidance through the challenges of trading.

@MarkfGame Ай бұрын

Seeing a remark regarding my manager Evelyn Turner is quite energizing. It was just like this when I first met her a few weeks ago. Having started with just 4k about 2-3 weeks ago, I have already made it to 21 k. She is very remarkable!

@Stefanie-qj7lw Ай бұрын

Goodness gracious I'm so excited seeing Ms. Evelyn Turner been mentioned here also. Didn't know she has been good to other people too, this is wonderful because I also started with a KZfaq referral like this

@user-co7kq3or7x Ай бұрын

Old news!!!

@24hrdiner Ай бұрын

Vote trump 🎉send us to the moon 🌙

@Maverick7642 16 күн бұрын

The stock market is currently experiencing a decline while bond yields are on the rise. However, there seems to be skepticism amongst investors regarding the Federal Reserve's plan to continue increasing interest rates until inflation is stabilized. As for myself, I find myself at a crossroads, uncertain whether to liquidate my $250,000 stock portfolio. I'm seeking advice on the best strategy to capitalize on this current bear market.

@Annie56427 16 күн бұрын

Investing in stocks can be a wise decision, especially if you have a reliable trading system that can lead you to fruitful days of success.

@Christian67337 16 күн бұрын

It's understandable that the current mass hysteria and panic are palpable. After all, we're not used to dealing with troubled markets. However, as you rightly pointed out, there are options available if you know where to look. Personally, I've been able to make a profit of over $850k in the last 10 months. It wasn't a complicated strategy that I used, I just knew that I needed a reliable and robust approach to navigate these trying times. That's why I hired a portfolio advisor.

@Thomas43211 16 күн бұрын

Please can you leave the info of your investmnt advisor here ?~. I’m in dire need for one.

@Christian67337 16 күн бұрын

Finding financial advisors like Aileen Gertrude Tippy ’ who can assist you shape your portfolio would be a very creative option. There will be difficult times ahead, and prudent personal money management will be essential to navigating them.

@Thomas43211 16 күн бұрын

thank you so much for this tip! Finding your coach was a breeze and I was really impressed with all the research I did on her credentials before scheduling a call. It's clear from her résumé that she's extremely knowledgeable and skilled.