Broker Check

Reasons to be Defensive in 2024

Copy of Defensive video by chris@kilmerco.com

References

Economic Indicators Suggest the U.S. is Headed into a Recession

  • https://www.conference-board.org/topics/us-leading-indicators

The Stock Market was Overpriced in 2023

  • https://data.nasdaq.com/data/MULTPL/SHILLER_PE_RATIO_MONTH-shiller-pe-ratio-by-month

Stock market was Overconcentrated in 2023

  • https://www.msn.com/en-us/money/markets/overconcentration-in-u-s-stock-market-has-reached-highest-level-in-60-years-jpmorgan-warns/ar-AA1eius8
  • https://www.spglobal.com/marketintelligence/en/news-insights/latest-news-headlines/just-7-companies-are-carrying-the-s-p-500-in-2023-75823741 

Some Analysts Believe that Excessive Government Spending is fueling Stock Market Growth

  • https://www.msn.com/en-us/money/markets/wall-street-s-top-strategist-warns-excessive-government-spending-could-be-fueling-a-boom-bust-scenario-in-the-stock-market/ar-AA1eXDKs?cvid=1baebb324fc44df7b9752009fb8ba149&ocid=winp2fptaskbar&ei=10

Rich Investors Avoided the Stock Market in 2023

  • https://www.cnbc.com/video/2023/06/01/high-net-worth-investors-hold-record-cash.html

Rich investors held high cash

  • https://www.cnbc.com/video/2023/06/01/high-net-worth-investors-hold-record-cash.html

Warren buffet held high cash

  • https://www.msn.com/en-us/money/companies/warren-buffett-s-berkshire-hathaway-sits-on-record-157-billion-cash-pile/ar-AA1jnxan

Governments Hoarded Gold in 2022 and 2023

  • https://www.cnbc.com/video/2023/06/01/high-net-worth-investors-hold-record-cash.html
  • https://www.zawya.com/en/press-release/research-and-studies/highest-first-half-gold-demand-from-central-banks-on-records-nu9qmnbq



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