He Called the 1987 Crash. Now He's Calling This
Sign up for the Skousen Report with a special offer for MarketBeat viewers: https://www.marketbeat.com/y/yt1030/ Is the stock market headed for new highs... or could a crash be coming? Dr. Mark Skousen of the Oxford Club, the economist who predicted the 1987 Black Monday crash, joins MarketBeat from the Oxford Club's Private Wealth Seminar in Savannah, Georgia to break down where the economy and the market are headed next. Mark is a professor of economics at Chapman University and has been publishing investment forecasts for more than 45 years. He explains why rising interest rates are the biggest threat to this bull market, how a $2 trillion deficit and the AI data center boom are pushing rates higher, and why he expects a market correction but doesn't foresee a stock market crash. He also shares a little known economic indicator showing business spending just surged almost 14%... a sign that a business boom has suddenly come alive. Plus, he covers the risk of a $1.5 trillion carry trade unwinding, what the midterm elections could mean for stocks, why he calls this a golden age of investing, and where he's investing now, from technology and energy to uranium, copper and dividend stocks. View Bridget's Buys here: https://www.marketbeat.com/bridget 📲 Text 'YouTube' to 68285 for FREE SMS breaking news alerts on top stocks. For YouTube sponsorships, brand partnerships and advertising, send an email to: [email protected] DISCLAIMER: MarketBeat's videos are for educational and informational purposes only and do not constitute financial, legal, or tax advice. We are not registered investment advisers, and nothing herein is a recommendation to buy, sell, or hold any security or strategy. Investing involves risk—including the potential loss of principal—so always perform your own due diligence and consult a licensed professional before acting. All opinions are those of the presenters and may change without notice. Presenters and MarketBeat personnel may own or trade the securities discussed. Past performance is not indicative of future results; any examples or case studies shown are illustrative and not typical. Some links or promotions mentioned may be affiliate partnerships that compensate MarketBeat at no additional cost to you. MarketBeat and its representatives accept no liability for any losses arising from reliance on this content.
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