Tom welcomes back Gareth Soloway, President, CEO & Chief Market Strategist for Verfied Investing to discuss the state of Chinese and US markets. Soloway finds the significant divergence between the S&P 500 and the Hang Seng market noteworthy. The S&P 500 is ascending, while the Hang Seng market is grappling with multi-year lows. He cites crackdowns on businesses, trade tariffs, and the global investment shift away from China as some of the challenges China is facing. Soloway also refers to the problematic economic stimulation in China via construction of vacant cities.

Soloway warms of several trends that may affect the broader economy, such as layoffs from major corporations, the increase in artificial intelligence (AI), and possible recessions. AI, while it could lead to cost reductions, might result in significant job losses and impact the economy negatively. He also comments on the maturation of the Bitcoin market and the stagnant activity in the gold market, suggesting economic impacts surrounding these markets.

Soloway predicts a drop in oil prices by the end of the year and points to increased US production as a factor in making the US energy independent. He identifies natural gas as a riskier investment, despite potential short-term upsides. He sees a gloomy outlook for copper, hinting at numerous recessions, including those in Europe, the UK, and China.

Market psychology greatly affects the overall market conditions and investment decisions. The market’s reaction to significant company announcements, such as Netflix’s recent positive news, demonstrates this. Even if these companies are not top-tier, their impact on the market and investors is significant. Soloway notes that considering variables like job reports and inflation is crucial for anticipating market trends and warns that competition may erode big tech companies’ margins in the future.

Time Stamp References:
0:00 – Introduction
0:44 – U.S. & China Markets
3:55 – U.S. Stimulus & Assets
5:00 – Trillions & Rates
6:24 – China & Hang Seng Index
9:23 – Rate Cut Expectations
11:03 – Earnings & Layoffs
14:40 – Bitcoin Sector & ETFs
17:00 – Gold Markets & Trends
20:03 – Silver & Industry
21:55 – Oil & Natural Gas
24:34 – Copper Run & Recession
27:14 – Global Recession Risk?
28:18 – Earnings & Psychology
31:00 – Ratings & Stock Chasing
33:53 – A.I. Narratives
36:15 – Wrap Up

Talking Points From This Episode

• The divergence between the S&P 500 and the Hang Seng market may indicate future downturns in the US markets.
• Large-scale layoffs and the rise of AI might heavily impact the job market and economy leading to a possible recession.
• Despite the potential for short-term gains, natural gas represents a risky investment given the vast production volume.

Guest Links:
Twitter: https://twitter.com/GarethSoloway
Website: https://inthemoneystocks.com/
Website: https://verifiedinvestingcrypto.com
Website: https://verifiedinvestingeducation.com
LinkedIn: https://www.linkedin.com/in/gareth-soloway-60827953/

Chief Market Strategist Gareth Soloway has been an avid swing and day trader since his days at Binghamton University, where he studied Economics. After college, Gareth quickly excelled as a financial adviser, but his heart was always in swing and day trading. He had this long-standing belief that he could help investors make more money by advising them on shorter-term investments (holding a stock for days to weeks) than the buy and hold crowd who lost 50% of their money during every market collapse. “Why not profit during the bear markets just like the bull markets,” he said. So while helping others gain financial independence during the day, he spent his nights studying charts and price action, developing a unique market trading system that put his profits on a rocket ship. Some nights he would barely sleep when he found a new technique that was proven, once back-tested.

After building his wealth through trading in 2004, he left the financial industry to trade his own money and study charts and technical signals. This was when he met Nicholas Santiago. The two top traders spent days trading stocks/futures together, and nights putting their collective brainpower into the pure genius that would become the PPT Methodology.

Verified Investing was launched in 2007 once the PPT Methodology was perfected. Gareth’s goal was to help average investors beat the best hedge funds and traders on Wall Street by teaching them the methodology and giving them his trades as he took them LIVE!

Since 2007, Chief Market Strategist Gareth Soloway has maintained an over 80% success rate on swing trade alerts (verified 300+ trades per year) given to members in Verified Investing Alerts (formally named the Research Center) and a confirmed 94% success rate on day trades in the Live Day Trading Chat Room. He has given lectures at colleges around the United States, been asked to train hedge fund traders in other countries, and taught thousands of investors how to invest and trade profitably, achieving their dreams of financial independence. He lives life to the fullest and puts his heart and soul into teaching his members who come willing to learn the PPT Methodology.