Summary of "AS FORECAST: DOT-COM BUST 2.0. THE WORST IS YET TO COME. BE TREND PREPARED, NOT SCARED."

Summary of Finance-Specific Content from the Video

“AS FORECAST: DOT-COM BUST 2.0. THE WORST IS YET TO COME. BE TREND PREPARED, NOT SCARED.”

Market Overview & Macroeconomic Context

Date: November 18, 2025
Gerald Santi reiterates his forecast of a “Dot-Com Bust 2.0,” first predicted in early 2025, warning that the worst phase is still ahead.
Market sentiment is turning fearful as Wall Street’s troubles begin to impact Main Street.

Market indices performance: - Dow Jones: down nearly 500 to 700 points - NASDAQ: down over 2%, closed down 1.21% - S&P 500: down 0.83% on the fourth losing session in 4 days, with a late-day rally reducing losses to 1.15%

Tech sector weakness: - Major tech stocks retreat due to overvaluation in the AI sector: - Nvidia down 3% - Amazon down 4% - Microsoft down 3%

Retail sector: - Home Depot shares fell after missing earnings forecasts and cutting full-year outlook, signaling reduced consumer spending.

The AI-driven market rally is fading and may end by the end of 2025.

Historical Comparison & Interest Rates

Reference to December 2018, the worst December since 1931, when the Fed cut interest rates to prop up markets.
Anticipation of a similar cycle:
1. Market crash
2. Interest rate cuts
3. Quantitative easing (QE)
4. Artificial market support
Warning of a possible repo crisis similar to 2019, caused by excessive artificial liquidity.

Cryptocurrencies

Bitcoin price volatility highlighted:
- Fell below $90,000 briefly, then rebounded to $93,000.
- Noted that Bitcoin was under $70,000 when Trump took office.
The Trump administration and associates are mentioned as heavily involved in crypto, implying political support might keep Bitcoin bullish despite volatility.

Commodities

Gold: - Recent $500 correction in gold prices after reaching near $4,379 (unit unclear, possibly a typo or alternate pricing scale). - Gold needs to hold above $4,200 to stabilize and then move higher. - Expected to skyrocket during the coming dot-com bust and equity market crash.

Oil: - Price at $64.80/barrel, down from approximately $80/barrel a year ago. - Oil prices rose $0.57 due to increased sanctions on Russian oil. - Supply remains higher than demand globally.

Global Economic Indicators

China posts weakest economic growth in a year.
Japan’s economy contracts for the first time in 18 months; Japan plans to raise interest rates despite contraction.
UK economy slows further in Q3; UK expected to lower interest rates again.
European Central Bank (ECB) expected to reverse stance and lower rates.
Overall, global economies are weakening after artificial stimulus during COVID-19 lockdowns.

Labor Market

Job creation near zero, with most new jobs being low-paying or government jobs.
Government jobs are decreasing.
Skepticism expressed about official employment data and the quality of new jobs.

Corporate Activity

Mergers & Acquisitions (M&A) activity is near a six-year high, driven by low interest rates and big companies consolidating power.
Large corporations (“the bigs”) are getting bigger, while smaller players and average workers are losing ground.

Geopolitical & Energy Context

Russia-Ukraine conflict escalating, with Russia targeting oil infrastructure.
More sanctions on Russia expected to push energy prices higher.
Energy prices in the U.S. have increased 8% year-to-date.
The speaker is bearish on prospects for peace, blaming billionaires and governments for prolonging conflict.

Disclosures, Recommendations & Cautions

Emphasis on being “trend prepared, not scared.”
Recommends subscribing to the Trends Journal for unique, uncensored market and geopolitical analysis.
Warns of a coming market crash and advises preparation.
Critiques mainstream media and financial news for ignoring or downplaying risks.
No explicit investment advice given; content is opinionated and includes strong political commentary.

Assets, Tickers & Instruments Mentioned

Stocks: Nvidia (NVDA), Amazon (AMZN), Microsoft (MSFT), Home Depot (HD)
Indices: Dow Jones, NASDAQ, S&P 500
Commodities: Gold, Oil (price $64.80/barrel)
Cryptocurrency: Bitcoin (BTC)
Economic Sectors: Tech (AI), Retail (Home improvement), Labor market sectors (service, government)
Macro: Interest rates (Fed, ECB, Bank of Japan, UK), Quantitative easing, Repo market

Methodology / Framework for Market Outlook

Monitor tech sector valuations, especially AI-related stocks.
Watch key economic indicators from China, Japan, UK, and Europe for signs of slowdown.
Track commodity prices (gold and oil) as indicators of inflation and geopolitical risk.
Observe labor market quality, not just quantity.
Anticipate central bank policy shifts: interest rate cuts and QE after market downturns.
Follow M&A activity as a sign of corporate consolidation and market power shifts.
Use trend analysis (as per Trends Journal) to prepare for market downturns rather than panic.

Presenters / Sources

Gerald Santi (main presenter)
Guest contributors in Trends Journal:
- Phil Geraldi
- Judge Andrew Napolitano
- John Anisha Whitehead
- Dr. Joseph Mcola
- Gregory Manorino
- Joe Duran

Note: The video contains strong political opinions and language; the financial content should be considered as part of a broader analysis and not as formal investment advice.