Thoughtful Money with Adam Taggart
Thoughtful Money with Adam Taggart

"Nasty" Surprise In Store For Stocks As Credit Markets & Dollar Weaken? | Jesse Felder

February 4, 2026

AI Summary

5 min read

🎙️ The Voices & The Context

  • The Format: Structured interview with host leading questions on market turmoil, interspersed with casual banter on weather and pop culture nods like Groundhog Day.
  • The Key Players:
    • Guest: Jesse Felder, founder of The Felder Report, a macroanalyst famous for long-term calls on precious metals (bullish since 2015) and commodities; returning guest warning of stock bull market end while eyeing commodity boom.
    • Host: Adam Taggart, Thoughtful Money founder, facilitates with sharp follow-ups and cross-references recent interviews (e.g., David Hay, Rick Rule).
  • The Vibe: Educational and intense, blending bearish stock warnings with optimistic commodity plays; light-hearted weather chit-chat eases tension.

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What you'll learn

  • 1 (00:00) **🎙️ Introduction: Jesse Felder**
  • 2 (03:20) **Precious Metals Sell-Off Explained**
  • 3 (06:41) **Retail Speculation and Market Overheating**
  • 4 (12:17) **Passive Bid and Labor Market Risks**
  • 5 (17:24) **Foreign Flows and Capital Repatriation**
  • 6 (22:00) **Dollar Breakdown Signals Real Assets**
  • 7 (24:50) **Precious Metals Long-Term Outlook**

+ Full timestamped outline available in the app

Show Notes

Today's guest has been warning for a good while now that the current bull market is stocks is approaching its end.In no small part because corporate insiders, who know the most about their companies' prospects, are selling their shares at record percentages.It's not all gloom for investors, though. He also predicts that commodities -- and the stocks of the companies that produce them -- are set to experience a boom.For a full update on his outlook, we welcome back to the program macro analyst Jesse Felder, founder & Editor of the respected market research firm: The Felder Report.Jesse fears that US stocks could be in for a "nasty" surprise as the dollar continues to break down, foreign capital leaves US markets, and inflation & unemployment rise.Despite that, he is quite bullish on the future of commodities, especially oil & gas.


REGISTER FOR THOUGHTFUL MONEY'S SPRING ONLINE CONFERENCE AT THE EARLY BIRD DISCOUNT PRICE at https://www.thoughtfulmoney.com/conferenceFollow Jesse at https://thefelderreport.com/#marketcorrection #dollar #commodities _____________________________________________ 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 © 2026 Thoughtful Money LLC. All rights reserved.

Thoughtful Money with Adam Taggart