On the eve of the election, Yahoo Finance Executive Editor Brian Sozzi spoke with Larry McDonald, founder of The Bear Traps Report and author of "How to Listen When Markets Speak," about Tesla's (TSLA) performance if Trump wins the presidency. McDonald explained that "if Trump wins, Musk is gonna have a very heavy hand in influencing—and basically negotiating— and try to put forth his agenda for the green agenda for Tesla." However, McDonald did warn that Trump trades "have a huge downside if Kamala wins." If that is the case, McDonald is looking at cannabis, solar, and healthcare as key Harris trades.
Market strategist Lawrence McDonald (https://lawrencegmcdonald.com) , creator of The Bear Traps Report (https://thebeartrapsreport.com) , says that conditions have changed to where investors will need "an entirely different portfolio ... and an entirely different investment philosophy" than you used in the last decade to be profitable in the next 10 years.
- The Bear Traps Report - Founder Larry McDonald on the markets. FoxBusiness
In this eye-opening interview, Larry McDonald predicts a surge in inflation and energy prices, driven by global fiscal policies, geopolitical risks, and rising energy demand from AI-driven technology. The best-selling author and Founder of The Bear Traps Report explains why traditional investment strategies won’t work in this new economic landscape, which is transitioning from the 2010-2020 market environment to one more like 1968-1981, with sustained inflation and commodity booms. Larry also unpacks why focusing on hard assets like oil, uranium, and precious metals is crucial for protecting your wealth in this new economic and market paradigm.
Larry McDonald, publisher of The Bear Traps Report, provides an overview of the global financial markets and where he is allocating capital during these crazy times.