Thoughtful Money with Adam Taggart
Thoughtful Money with Adam Taggart

Has A.I. Mania Created Twin Bubbles In Both Stock Prices AND Earnings? | New Harbor Financial

June 4, 2026

AI Summary

5 min read

🎙️ The Voices & The Context

  • The Format: This is a casual, in-depth financial roundtable discussion. It's part interview, part strategy session, with the host (Adam Taggart) acting as a curious and knowledgeable moderator, guiding the conversation with the experts from New Harbor Financial.
  • The Key Players:
    • Adam Taggart: Host of "Thoughtful Money." He's the audience's proxy, asking sharp questions and connecting the dots between market data and real-world implications.
    • Mike Preston & John Laudre: The financial experts from New Harbor Financial. Mike is the more bearish, historically-minded strategist who sees a "blow-off top" forming. John is the data-driven analyst who focuses on technical indicators and the importance of financial planning.
  • The Vibe: Intense & Educational. The conversation is laced with a palpable sense of unease. The experts are clearly excited by the market's action but deeply skeptical of its sustainability, creating a "thriller" atmosphere for anyone with money in the market.

🗝️ Key Themes & Topics

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What you'll learn

  • 1 (00:00) **🎙️ Introduction: New Harbor Financial Team**
  • 2 (02:49) **The Challenge of a "Different" Market Cycle**
  • 3 (05:29) **Current Indicator Signals & Hedging Strategy**
  • 4 (06:57) **Market Narrowness: A Deep Dive**
  • 5 (10:06) **The Blow-Off Top Thesis**
  • 6 (14:44) **Historical Extremes in Market Streaks**
  • 7 (21:41) **The AI Bubble: Narrative vs. Reality**

+ Full timestamped outline available in the app

Show Notes

With the rabid fervor with which any stock even vaguely related to A.I. is being bid up right now, the advisors at New Habor warn we may now have a twin bubble in both equity valuations AND corporate earnings.Which leads them to wonder: Is this the blow-off top?If so, how bad will the ensuing correction be?I discuss that with them in today's video, as well as how they are helping clients prepare prudently for positioning their portfolios to survive whatever may be headed our way.


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Thoughtful Money with Adam Taggart