In this MoneyShow MoneyMasters Podcast episode, we cover the outlook for stocks, gold, and cryptocurrencies – plus the “Arms Race” that is minting profits for properly positioned investors. I start by noting the frequency of data revisions and other quirks with the economy lately. But adding that “we’re not going into a recession anytime soon” and that while inflation may prove “sticky,” it isn’t reaccelerating in a “violent” way. In fact, I see a trifecta of reasons why this should be a “pretty spectacular period for stocks.”
When it comes to profiting, I'm zeroing in on the Artificial Intelligence (AI) boom, calling this “the greatest technology upgrade cycle in the history of the world.” I believe one sector stock is STILL 25% undervalued...thinks the Magnificent Seven stocks will keep working (though TWO names could lag)...and recommends targeting one key sector ETF (while avoiding another). We next talk about commodities, including the surprising reason oil could drop into the $40s...while gold should hit $5,000 an ounce down the road. As for Bitcoin? Buckle (NYSE:BKE) up! I see it reaching $200,000 in the next 18 months for a few important reasons.
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