The US Economy Is About To Take Off And Bring Stocks With It | David Cervantes – Forward Guidance

The US Economy Is About To Take Off And Bring Stocks With It | David Cervantes – Forward Guidance — Transcript

Market views

Bullish

XAU— David is bullish on gold, citing aggressive central bank buying, particularly from China. He believes gold is in a secular bull market and projects a year-end price target of $3,000-$4,000.
SPX— David is optimistic about US equities, expecting the S&P 500 to end above the consensus estimates of 6300-6400.
EUDEF— David highlights the strong performance of European defense stocks, noting a specific ETF that has seen significant gains this year.
SCBANK— David sees potential strength in small cap banks within the broader small cap universe.

Bearish

UST— David expresses a strongly negative view on bonds, particularly US Treasuries, considering them poor investments in the current market environment.
SCAP— David has a negative view on small cap companies, citing that a large percentage of them are unprofitable.

Not investment advice.