Veteran options and futures trader Todd Horwitz with over 40 years of experience delivers a stark warning about extreme stock market overvaluation in 2026, as the Shiller CAPE ratio hovers near 40—echoing bubbles of 1987, 2000, and 2008—while M2 money supply signals unprecedented risks of a potential 40-60% market correction or crash ahead. Horwitz dives deep into hidden inflation driving stagflation fears, AI-fueled job losses that won't return, unsustainable equity valuations amid "higher for longer" interest rates, a K-shaped economy hurting Main Street, and the Fed's policies he calls a "joke" and cartel-like manipulation since 1913. He shares bullish outlooks on gold and silver breaking higher post-consolidation, uranium stocks like Cameco as a nuclear energy play, Bitcoin heading to new highs despite dips, bearish oil targeting the high $40s, and disciplined trading advice to avoid over-leverage while hedging portfolios automatically. Perfect for investors seeking real macro insights, commodity futures strategies, and why time in the market beats timing it—don't miss this must-watch 2026 market outlook!

🗓️ Recording date: February 19, 2026

📖 Chapters
0:00 Intro
00:55 Extreme Market Overvaluation Risk (CAPE 40+, M2 306%)
02:09 Hidden Inflation & Stagflation Warning
03:21 Equity Valuations Unsustainable – 1987/2000/2008 Parallels
04:11 Bond Market Mispricing & Higher Rates Ahead
05:23 K-Shaped Economy: Main Street Struggling
06:10 Fed Critique
07:35 Commodities: Undervalued Grains, Overpriced Cattle
08:55 Oil Short: Targeting High $40s
09:49 Gold & Silver – Bullish Breakout Coming
11:00 Retail Trader Pitfalls: Over-Leverage
12:31 Algos & HFT – No Real Change to Trading
13:09 Best Markets for Beginners
14:34 AI’s Downside
15:46 Bitcoin Outlook
17:08 Uranium Play – Nuclear Energy Future (Cameco, URA)
19:12 Always Hedged Portfolio – No Cash
20:12 40-60% Market Correction Inevitable