The Julia La Roche Show · Tuesday, July 14, 2026
Larry McDonald, founder of The Bear Trap Report, believes a significant market rotation from growth into value is underway as investors de-risk portfolios. He predicts a substantial move into hard assets like gold, with a price target of $6,500 within a couple of years.
“He also talks about the trade of the future and this move into hard assets and he gives us his price targets for gold and why we could see $6500 gold in the next couple of years.”
“And so I'm seeing a lot of big rotations going on.”
“And he also talks about the biggest risk looming right now around private credit and AI capex spending.”