Ed Dowd: 'Kooky' Valuations & Weak Economy To Lead To Big Downturn By Midterm Elections

Thoughtful Money with Adam Taggart · Jan 13, 2026 · 1h 6m

Change around the world, especially geopolitically, is accelerating as we enter 2026.Depending on your point of view, some of these changes are positive -- potentially historically great even.Some of them are much more concerning.Where is the world order headed from here? And more granularly, how are the economy and financial markets likely to perform in 2026?For insight, we're fortunate to welcome back to the program Edward Dowd, founder of macroeconomic consulting & research firm Phinance Technologies.Ed predicts that 'kooky' valuations and growing economic weakness will lead to a market…