who has 20-20 vision? is the bull market over?...2020/04/18  · by mark skousen presidential...

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Who Has 20-20 Vision? Is the Bull Market Over? By Mark Skousen Presidential Professor, Chapman University Editor, Forecasts & Strategies www.markskousen.com “Never underestimate the size of a panic, nor the power of a politician.” Sir Harry Schultz (“Maxims of Wall Street”)

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Page 1: Who Has 20-20 Vision? Is the Bull Market Over?...2020/04/18  · By Mark Skousen Presidential Professor, Chapman University Editor, Forecasts & Strategies “Never underestimate the

Who Has 20-20 Vision?

Is the Bull Market Over?

By Mark Skousen

Presidential Professor, Chapman University

Editor, Forecasts & Strategies

www.markskousen.com

“Never underestimate the size of a panic,

nor the power of a politician.”

– Sir Harry Schultz (“Maxims of Wall Street”)

Page 2: Who Has 20-20 Vision? Is the Bull Market Over?...2020/04/18  · By Mark Skousen Presidential Professor, Chapman University Editor, Forecasts & Strategies “Never underestimate the

“"Mother of all bull markets”

December 2018

Page 3: Who Has 20-20 Vision? Is the Bull Market Over?...2020/04/18  · By Mark Skousen Presidential Professor, Chapman University Editor, Forecasts & Strategies “Never underestimate the

Wall Street vs. Main Street – 1990-2020

Page 4: Who Has 20-20 Vision? Is the Bull Market Over?...2020/04/18  · By Mark Skousen Presidential Professor, Chapman University Editor, Forecasts & Strategies “Never underestimate the

My Latest Prediction

January 2020

Page 5: Who Has 20-20 Vision? Is the Bull Market Over?...2020/04/18  · By Mark Skousen Presidential Professor, Chapman University Editor, Forecasts & Strategies “Never underestimate the

School is Over!

Page 6: Who Has 20-20 Vision? Is the Bull Market Over?...2020/04/18  · By Mark Skousen Presidential Professor, Chapman University Editor, Forecasts & Strategies “Never underestimate the

“Today more and more everything is prohibited or mandated.”

– Jorge “Tuto” Quiroga (president of Bolivia)

“Biggest Decline Ever”

– Goldman Sachs Sees 34% Crash in Q2

Page 7: Who Has 20-20 Vision? Is the Bull Market Over?...2020/04/18  · By Mark Skousen Presidential Professor, Chapman University Editor, Forecasts & Strategies “Never underestimate the

Supply Chain Collapse: GO vs GDP in 2008/09

Page 8: Who Has 20-20 Vision? Is the Bull Market Over?...2020/04/18  · By Mark Skousen Presidential Professor, Chapman University Editor, Forecasts & Strategies “Never underestimate the

Fed Cuts Rates to Zero

Page 9: Who Has 20-20 Vision? Is the Bull Market Over?...2020/04/18  · By Mark Skousen Presidential Professor, Chapman University Editor, Forecasts & Strategies “Never underestimate the

Fed Aggressive Expands Quantitative Easing (QE 5)

Page 10: Who Has 20-20 Vision? Is the Bull Market Over?...2020/04/18  · By Mark Skousen Presidential Professor, Chapman University Editor, Forecasts & Strategies “Never underestimate the

I’m with the Federal Reserve.

Today, we’re buying baseball cards.”

“Hello, young man.

Page 11: Who Has 20-20 Vision? Is the Bull Market Over?...2020/04/18  · By Mark Skousen Presidential Professor, Chapman University Editor, Forecasts & Strategies “Never underestimate the

Legacy of the “Great Suppression”

Massive Trillion $ Deficits and Skyrocketing National Debt

Page 12: Who Has 20-20 Vision? Is the Bull Market Over?...2020/04/18  · By Mark Skousen Presidential Professor, Chapman University Editor, Forecasts & Strategies “Never underestimate the

Where to invest: gold, oil or stocks?

Page 13: Who Has 20-20 Vision? Is the Bull Market Over?...2020/04/18  · By Mark Skousen Presidential Professor, Chapman University Editor, Forecasts & Strategies “Never underestimate the

Best Sector for Stocks

SPDR Technology Fund (XLK)

Page 14: Who Has 20-20 Vision? Is the Bull Market Over?...2020/04/18  · By Mark Skousen Presidential Professor, Chapman University Editor, Forecasts & Strategies “Never underestimate the

Microsoft (MSFT)

Page 15: Who Has 20-20 Vision? Is the Bull Market Over?...2020/04/18  · By Mark Skousen Presidential Professor, Chapman University Editor, Forecasts & Strategies “Never underestimate the

Best Ways to Invest in Gold

SPDR Gold Shares (GLD)

Page 16: Who Has 20-20 Vision? Is the Bull Market Over?...2020/04/18  · By Mark Skousen Presidential Professor, Chapman University Editor, Forecasts & Strategies “Never underestimate the

Franco Nevada Corporation (FNV)

Page 17: Who Has 20-20 Vision? Is the Bull Market Over?...2020/04/18  · By Mark Skousen Presidential Professor, Chapman University Editor, Forecasts & Strategies “Never underestimate the

B2 Gold (BTG)

Page 18: Who Has 20-20 Vision? Is the Bull Market Over?...2020/04/18  · By Mark Skousen Presidential Professor, Chapman University Editor, Forecasts & Strategies “Never underestimate the

Boom in Long-term Care

Page 19: Who Has 20-20 Vision? Is the Bull Market Over?...2020/04/18  · By Mark Skousen Presidential Professor, Chapman University Editor, Forecasts & Strategies “Never underestimate the

Omega Healthcare Investors (OHI)

Page 20: Who Has 20-20 Vision? Is the Bull Market Over?...2020/04/18  · By Mark Skousen Presidential Professor, Chapman University Editor, Forecasts & Strategies “Never underestimate the

Long-Term US Treasuries (TLT)

Page 21: Who Has 20-20 Vision? Is the Bull Market Over?...2020/04/18  · By Mark Skousen Presidential Professor, Chapman University Editor, Forecasts & Strategies “Never underestimate the

Dollar Index ETF (UUP)

Page 22: Who Has 20-20 Vision? Is the Bull Market Over?...2020/04/18  · By Mark Skousen Presidential Professor, Chapman University Editor, Forecasts & Strategies “Never underestimate the
Page 23: Who Has 20-20 Vision? Is the Bull Market Over?...2020/04/18  · By Mark Skousen Presidential Professor, Chapman University Editor, Forecasts & Strategies “Never underestimate the

New 7th Edition of

“Maxims of Wall Street,”

$20 for first copy,

$10 for all additional copies.

To order, go to www.skousenbooks.com

Warren Buffett's

Favorite Quote

Book

Page 24: Who Has 20-20 Vision? Is the Bull Market Over?...2020/04/18  · By Mark Skousen Presidential Professor, Chapman University Editor, Forecasts & Strategies “Never underestimate the

“Nothing can make the spirit fly

higher than finding a bargain when

you’re the buyer.

And nothing can make the spirit sink

deeper than finding it later a whole

lot cheaper.”

‒ Maxims of Wall Street

Page 25: Who Has 20-20 Vision? Is the Bull Market Over?...2020/04/18  · By Mark Skousen Presidential Professor, Chapman University Editor, Forecasts & Strategies “Never underestimate the

"It's amazing the depth of wisdom one

can find in just or one or two lines from

your wonderful book. I keep it on my

desk and refer to its for daily wisdom."

‒ Dennis Gartman

Page 26: Who Has 20-20 Vision? Is the Bull Market Over?...2020/04/18  · By Mark Skousen Presidential Professor, Chapman University Editor, Forecasts & Strategies “Never underestimate the
Page 27: Who Has 20-20 Vision? Is the Bull Market Over?...2020/04/18  · By Mark Skousen Presidential Professor, Chapman University Editor, Forecasts & Strategies “Never underestimate the

“The most

dangerous,

polarizing figure since Gandhi”…

“The most important

spokesman for liberty

and civil justice since Milton Friedman”

“The most influential

public intellectual in

the Western world today”…

Page 28: Who Has 20-20 Vision? Is the Bull Market Over?...2020/04/18  · By Mark Skousen Presidential Professor, Chapman University Editor, Forecasts & Strategies “Never underestimate the

Dr. Jordan

Peterson