David Collum: This Market Will Crash, You Will Get Destroyed

Soar Financially, Released on 6/7/26 (Recorded on 6/4/26)

Dave Collum joins us to discuss extreme market valuations, the AI boom, the potential impact of a SpaceX IPO, gold’s unusual behavior, and why he believes investors are dangerously complacent. Is the biggest correction in decades getting closer?

Timestamps (AI-generated)
00:00 Introduction
01:17 Why Markets Feel Invincible
02:34 How Boomers Created the Biggest Bull Market
05:07 The AI Bubble Problem
06:18 SpaceX IPO and Valuation Concerns
08:22 Why Dave Thinks We’re Near The End
10:07 Passive Investing Risks
12:38 Higher Valuations Forever?
16:37 What Could Trigger The Collapse
19:44 Can The Fed Save The Market?
22:14 Why Pain May Be Necessary
23:24 Boomers, Housing, and Asset Inflation
26:08 Gold’s Strange Behavior
28:55 Do Midterm Elections Matter?
30:30 Is The Economy Already In Recession?
33:08 Portfolio Strategy For Summer
37:02 The Retirement Crisis Nobody Talks About
38:38 Final Thoughts

David B. Collum is an economic commentator, chemist, Betty R. Miller Professor of Chemistry and Chemical Biology at Cornell University. He holds a PhD, Columbia University, MS, Columbia University, MA, Columbia University and BS, Cornell University.

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