Global Stock Markets are Next to Fall

Stocks: The Last to Fall

The Chicken Little "sky is falling" thesis has three parts. Government fiscal and monetary policy are disastrous. Consequently, real interest rates will rise leading to a decline of asset prices including stocks. All that remains to occur is the decline in stock markets.

April 2026, Chicken Little Portfolio Performance

 Crushed by Debt

Global stock markets continue to go up almost every day. In the face of this relentless bull market, Chicken Little still believes the financial sky will fall. Real interest rates will continue to rise and (eventually) cause the decline of stocks and other risky assets.