Could the Stock Market Decline by 50%? with Bob Elliott

Interview recorded - 31st of August, 2023

On this episode of the WTFinance podcast I had the pleasure of welcoming back Bob Elliott - CEO & CIO of Unlimited Funds.

During our conversation we spoke about what Bob is currently seeing in the markets, whether this could lead to a 50% decrease in stock markets, whether this would also happen globally and more. 

0:00 - Introduction
1:09 - What is Bob currently seeing in the markets?
3:04 - What are the cracks Bob is seeing?
7:37 - Shortage in long end bonds?
9:34 - What type of recession could we see?
12:28 - Hard to stop a recession
13:39 - What would happen with increasing unemployment?
16:41 - Could the stock market drop 50%?
18:14 - How far could markets drop?
24:25 - Deflation and pivot or inflation and higher for longer?
30:34 - Collapse or slow tightening?
33:29 - What is happening globally?
38:04 - Anything positive in the markets?
40:45 - One message to takeaway?

Bob Elliott is the Co-Founder, CEO & CIO of Unlimited, which uses machine learning to create index replication ETFs of 2&20 style alternative investments like hedge funds, venture capital & private equity. 

Prior to founding Unlimited, Bob was a Senior Investment Executive at Bridgewater Associates where he served on the Investment Committee (G7) and created investment strategies across equities, fixed income, credit, exchange rates, and commodities, including many used in the flagship Pure Alpha Fund. He also built and led Ray Dalio’s personal investment research team for almost a decade. He’s the author of hundreds of Bridgewater’s widely read Daily Observations and directly counselled some of the world’s foremost policy makers and institutional investor on economic and investing issues. 

Bob has also served as an advisor and executive at several startups including CircleUp, an investment company focused on early-stage consumer brands. There he revamped the investment strategy for the company’s $150mln venture funds leveraging big data approaches to improve decision making. He was also the co-founder of GiveWell, a startup charity evaluator which now directs more than $500mln in annual contributions. 

Bob holds a BA in History and Science from Harvard. 

Bob Elliott - 

Website - https://www.unlimitedfunds.com/
Twitter - https://twitter.com/bobeunlimited?s=21&t=bEWfVJjh6KcziPA0zpyEPA
LinkedIn - https://www.linkedin.com/in/ttoillebob

WTFinance -

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