[Altos Weekly Traders Edge] Bulls vs Bears: The Views of the Stock Market Ahead..Details Inside

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There are several factors that have led to the August slump. One is the historical pattern of stocks performing poorly in this month, especially in the year before a presidential election. Another is the rise in bond yields, which makes stocks less appealing compared to fixed-income investments, and also hurts the earnings of high-growth tech companies. A third factor is the slowdown in China’s economy, which has raised worries about the global growth outlook and the possible spillover effects to other countries. The question on everyone’s mind is: Is this a temporary dip or a sign of a bigger downturn ahead? The answer is not clear-cut, as different Wall Street firms and market commentators have different perspectives on the market. Here are some of their opinions: - Goldman Sachs: The investment bank keeps its year-end target of 4,700 for the S&P 500, or about 8% higher than current levels. It argues that investors still have room to increase their exposure to equities as the recession risk fades, and that retail activity and buybacks will support the market in the coming weeks. - Jeremy Grantham: The legendary investor and GMO cofounder warns that the market is in an “everything bubble” that spans stocks, bonds, real estate, fine art, and other assets. He expects the bubble to burst soon and cause a 50% crash in the S&P 500 and a painful recession. He advises against short-term bets on US stocks and favors emerging markets instead. - Michael Burry: The “Big Short” investor and Scion Asset Management founder also sees a bubble in the market, especially in tech stocks. He has been betting against Tesla, Cathie Wood’s ARK Innovation ETF, and other popular names. He thinks that inflation and higher interest rates will pop the bubble and trigger a “mother of all crashes”. - David Rosenberg: The chief economist and strategist at Rosenberg Research is bearish on the market as well. He cites several reasons for his outlook, such as overvaluation, excessive optimism, weakening earnings growth, rising debt levels, and geopolitical risks. He expects a 20% correction in the S&P 500 by year-end. - Fundstrat: The research firm is more optimistic about the market. It has a year-end target of 4,600 for the S&P 500, or about 6% higher than current levels. It believes that the August weakness is a normal seasonal pattern that will be followed by a strong rally in September and October. It also sees positive catalysts from earnings growth, fiscal stimulus, and vaccine progress. As you can see, there are diverse views on where the market is going next. Ultimately, it will depend on how the economic and financial conditions evolve in the next few months. We will keep you updated on any major developments and trends in our future issues. - The Team at Altos Trading Missed our live Market Overview this week? Don’t worry, we have the recording for you! This week, the team answered and focused more on the Ticker Q&A from the audience, which is always a hit! We’d love to see you in these live sessions every Tuesday night. But if you can’t make it, we’ll make sure you can watch the videos by Wednesday afternoon, so you can catch up on what you missed at your convenience. This week our topics were... - Market Overview - Mapping Out Key Levels - Review 36 Month MA - This week, we focus more on Ticker Q&A! [CLICK HERE TO WATCH THE FREE REPLAY]( Sponsored [Protect Your Wealth from Inflation - Your Survival Guide]( Inflation is a silent killer of your wealth. You may be losing more money than you realize, and it could only get worse. Don't wait until it's too late to take action. [Go HERE To Learn How to Protect Yourself from Infl]( By clicking the link you are subscribing to The Investors News Newsletter and may receive up to 2 additional free bonus subscriptions. Unsubscribing is easy [Privacy Policy/Disclosures]( Disclaimer: The Altos Trading Alert Newsletter is published as an information service for subscribers, and it includes opinions as to buying, selling and holding various stocks and other securities. However, the publishers of the Altos Trading Alert Newsletter are not brokers or investment advisers, and do not provide investment advice or recommendations directed to any particular subscriber or in view of the particular circumstances of any particular person. Altos Trading, including its owner, does not participate in any trades issued through the alert services. Subscribers to Altos Trading or any other persons who buy, sell or hold securities should do so with caution and consult with a broker or investment adviser before doing so. 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Altos Trading, LLC assumes no responsibility for any losses incurred by any individual or entity as a result of trade alerts or strategies taught through courses or coaching services. 7154 W State Street Suite 169 Boise Idaho 83714 USA Disclaimer: The Altos Trading Alert Newsletter is published as an information service for subscribers, and it includes opinions as to buying, selling and holding various stocks and other securities. However, the publishers of the Altos Trading Alert Newsletter are not brokers or investment advisers, and do not provide investment advice or recommendations directed to any particular subscriber or in view of the particular circumstances of any particular person. Altos Trading, including its owner, does not participate in any trades issued through the alert services. Subscribers to Altos Trading or any other persons who buy, sell or hold securities should do so with caution and consult with a broker or investment adviser before doing so. Trading securities and options involves risk. Prior to buying or selling an option, an investor must receive a copy of Characteristics and Risks of Standardized Options. Investors need a broker to trade securities and options, and must meet suitability requirements. Past results are not necessarily indicative of future performance. Performance figures are based on actual recommendations. Due to the time critical nature of trading, brokerage fees, and the activity of other subscribers, there is no guarantee that subscribers will mirror the performance of the service. Performance numbers shown are based on trades subscribers could enter based on the trade alerts. Altos Trading, LLC assumes no responsibility for any losses incurred by any individual or entity as a result of trade alerts or strategies taught through courses or coaching services. 7154 W State Street Suite 169 Boise Idaho 83714 USA [Unsubscribe]( | [Change Subscriber Options](