Lead-Lag Media
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Theses over time (2)
Grouped by ticker, most-recent thesis first. Reads as the evolution of Lead-Lag Media's view on each asset — earlier entries show where they started, later ones show where they landed.
SPY2 narratives
Strongly BearishThe Stock Market Is Stupidly Overvalued | Mark SpiegelFeb 9, 2023
Spiegel believes the S&P 500 is in the largest asset bubble ever, created by zero interest rates and massive QE. He expects the market to decline significantly as these conditions reverse with higher rates and QT. He sees fair value around 2800 on the S&P 500 index.
Strongly BearishMark Spiegel Reveals Shocking Truths in Exclusive Stock Market InterviewDec 24, 2022
The speaker believes the market represents the largest asset bubble ever, created by zero percent interest rates and massive quantitative easing. With conditions now reversing to higher rates and quantitative tightening, the bubble will inevitably pop.
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