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People who moved from bonds to gold, silver, and similar investments are now receiving significant payouts, according to Keith McCullough, founder and CEO of Hedgeye Risk Management.
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McCullough has previously urged investors to consider incremental hedging and the importance of timing to manage market risks, according to a recent note. He also flagged risks of an AI-driven market bubble that could threaten sustained U.S. growth bets in an earlier analysis. These warnings come as market participants react to shifting asset preferences.