'Highly Likely' We'll See A True Bear Market In 2026 | New Harbor Financial

December 28, 2025

AI Summary

5 min read

🎙️ The Voices & The Context

The Format: This structured interview on the Thoughtful Money podcast ties end-of-year market recaps to forward-looking 2026 outlooks, blending technical analysis with practical financial counseling in a cautiously optimistic and advisory tone.
The Format: Interview with dual guests hosted by Adam Taggart.
The Key Players:
- Adam Taggart: Founder/host of Thoughtful Money, under the weather with flu but steering discussions on markets and life wealth.
- John Lodra & Mike Preston: Lead partners at New Harbor Financial (endorsed advisors), delivering sharp technical insights with seasoned chemistry—John focuses on rotations and psychology, Mike on charts and metals—creating a balanced, trust-building banter on risk management.

Continue reading the full summary in the app — free to try.

Read Full Summary →

Free • No credit card required

Listen to Audio Summary Open in App

What you'll learn

1 `(00:00)` **🎙️ Introduction: John Lodra and Mike Preston**
2 `(01:50)` **Holiday Greetings and Host's Illness**
3 `(03:27)` **2025 Market Recap and Santa Claus Rally**
4 `(04:16)` **Mike's Technical Indicators: Bullish Near-Term**
5 `(07:43)` **Valuations Risk vs. Near-Term Optimism**
6 `(09:06)` **Blow-Off Top Scenario**
7 `(10:47)` **John on Sector Rotation and Market Breadth**

+ Full timestamped outline available in the app

Show Notes

The advisors at New Harbor Financial share their outlook for the new year ahead.

They see lots of reasons why it will likely be a more volatile and painful year than investors have become accustomed to after 3 blockbuster years of returns.

WORRIED ABOUT THE MARKET? SCHEDULE YOUR FREE PORTFOLIO REVIEW with Thoughtful Money's endorsed financial advisors at https://www.thoughtfulmoney.com

#bearmarket #marketcorrection #volatility _____________________________________________ Thoughtful Money LLC is a Registered Investment Advisor Promoter.We produce educational content geared for the individual investor. It’s important to note that this content is NOT investment advice, individual or otherwise, nor should be construed as such.We recommend that most investors, especially if inexperienced, should consider benefiting from the direction and guidance of a qualified financial advisor registered with the U.S. Securities and Exchange Commission (SEC) or state securities regulators who can develop & implement a personalized financial plan based on a customer’s unique goals, needs & risk tolerance.IMPORTANT NOTE: There are risks associated with investing in securities.Investing in stocks, bonds, exchange traded funds, mutual funds, money market funds, and other types of securities involve risk of loss. Loss of principal is possible. Some high risk investments may use leverage, which will accentuate gains & losses. Foreign investing involves special risks, including a greater volatility and political, economic and currency risks and differences in accounting methods.A security’s or a firm’s past investment performance is not a guarantee or predictor of future investment performance.Thoughtful Money and the Thoughtful Money logo are trademarks of Thoughtful Money LLC.Copyright © 2025 Thoughtful Money LLC. All rights reserved.