U.S. Stocks are at 1929-Level Extremes | The Hard Asset Hedge | Adrian Day

In this conversation, Trey Reik sits down with Adrian Day, to break down one of the most important — and under-discussed — risks in today’s market. As the Chairman and CEO of Adrian Day Asset Management, Adrian brings decades of global investing experience across equities, commodities, and income strategies—and his message right now is clear: U.S. equities are trading at some of the most extreme valuation levels in history — rivaling 1929 on multiple metrics. At the same time, rising oil prices, increasing corporate cost pressures, and growing signs of speculation beneath the surface could be setting the stage for a major shift in markets. So what’s really going on—and how should investors respond?