Equity Research and Sector-Specific Forecasting by Gordon Johnson
Gordon Johnson is the founder and CEO of GLJ Research, an independent equity research firm specializing in industrials, renewable energy, and macro-sensitive sectors. Formerly Head of Equity Research at Axiom Capital, Johnson gained national visibility through CNBC and Bloomberg appearances for his contrarian views on Tesla and crypto assets.
Since 2023, Johnson has positioned himself as a vocal skeptic of cryptocurrency markets. In a widely viewed December 2024 interview, he labeled Bitcoin “worthless” and described the cryptocurrency ecosystem as a “speculative shell game.” Following the U.S. Treasury’s announcement of a strategic crypto reserve in early 2025, Johnson called the initiative “institutionalizing market corruption,” drawing over 1.4 million impressions across financial media.
Despite his criticism, Johnson is frequently cited in crypto discussions as a bearish counterpoint. His analysis supports institutional investors looking for risk-off strategies or exposure to short positions within crypto-linked equities. Johnson does not hold digital assets and follows a strictly conventional portfolio approach.
Gordon Johnson: Oil tankers did not cross straight as U.S. stock futures opened
Gordon Johnson, CEO / Analyst at GLJ Research, points out that World Trade Organization data showed no oil tankers crossed the straight during the recent weekend, including Saturday and Sunday. ...
Hyperscalers free cash flow draws little attention at present, Gordon Johnson notes
Gordon Johnson, CEO / Analyst at GLJ Research, observes that major hyperscalers such as MSFT, GOOG, AMZN, META, and ORCL currently receive little attention for their free cash flow performance. ...
Gordon Johnson: TSLA crash raises questions about FSD and autopilot
Gordon Johnson, CEO / analyst at GLJ Research, asks about the circumstances surrounding the recent TSLA crash. Johnson specifically inquires whether the vehicle's Full Self-Driving (FSD) or ...
Bulls push for Tesla and SPCX merger despite valuation concerns, Gordon Johnson argues
Gordon Johnson, CEO / Analyst at GLJ Research, questions the logic behind Tesla supporters advocating for a merger with SPCX while simultaneously claiming Tesla has trillions in Full Self-Driving ...
Gordon Johnson: Warsh not like Yellen and Powell in approach to monetary policy
Gordon Johnson, CEO / Analyst at GLJ Research, disputes claims that Warsh is viewed similarly to Treasury Secretary Janet Yellen and Jerome Powell, both of whom, he says, followed Ben Bernanke's ...
Tesla robotaxi fleet limited to 31 cars, Gordon Johnson notes
Gordon Johnson, CEO / Analyst at GLJ Research, questions the substance behind Tesla's highly anticipated robotaxi rollout. According to Johnson, the active robotaxi fleet numbers just 31 vehicles, ...
Gordon Johnson: Tesla accused of presenting misleading Full Self-Driving safety data to European regulators
Gordon Johnson, CEO and analyst at GLJ Research, highlights that Tesla is accused of presenting misleading 'Full Self-Driving' safety data to European regulators. The claim centers on concerns ...
U.S. PPI rises more than expected while core PPI lags, Gordon Johnson notes
Gordon Johnson, CEO / Analyst at GLJ Research, highlights a sharp rise in U.S. producer price index (PPI) figures. The headline PPI increased by 1.1% month over month, surpassing the expected ...
Gordon Johnson: CPI has exceeded Fed 2% target for 61 consecutive months
Gordon Johnson, CEO / Analyst at GLJ Research, highlights that the headline Consumer Price Index (CPI) has surpassed the U.S. Federal Reserve's 2% inflation target for 61 consecutive months. ...
Korean won strength could mean a head fake rally, Gordon Johnson warns
Gordon Johnson, CEO / Analyst at GLJ Research, suggests that recent movements in the South Korean won may indicate continued selling of U.S. stocks by Korean investors. Johnson warns this market ...
Gordon Johnson: South Korean leveraged buying pressures U.S. tech stocks
Gordon Johnson, CEO / Analyst at GLJ Research, comments on the negative performance of the Nasdaq and SOXX in U.S. markets. Johnson highlights that South Korean investors have played a significant ...
Liquidity is leaving bitcoin, Gordon Johnson warns
Gordon Johnson, CEO / Analyst at GLJ Research, comments that liquidity is being drained from bitcoin. The post highlights concerns regarding the current state of bitcoin market ...
Gordon Johnson: Federal Reserve liquidity shift impacts bitcoin inflows
Gordon Johnson, CEO / analyst at GLJ Research, discusses the impact of changing U.S. Federal Reserve policies on market liquidity and bitcoin inflows. Johnson highlights that the overnight ...
Short-sellers are held to higher scrutiny in markets, Gordon Johnson notes
Gordon Johnson, CEO and analyst at GLJ Research, observes that some individuals regularly influence stock prices through their tweets for personal gain. He points out that enforcement actions are ...
Gordon Johnson: Federal Reserve money printing drives risk assets higher
Gordon Johnson, CEO / analyst at GLJ Research, asserts that the recent surge in risk asset prices is directly caused by the U.S. Federal Reserve's ongoing money printing policies. He points out ...
Bitcoin and U.S. markets could face liquidity drop, Gordon Johnson warns
Gordon Johnson, CEO / Analyst at GLJ Research, warns that the U.S. Treasury is set to issue approximately $300 billion in T-Bills through the end of July, which could significantly reduce ...
Gordon Johnson: Federal Reserve may redefine inflation as Dow Jones reaches 50,000
Gordon Johnson, CEO / analyst at GLJ Research, questions the credibility of official inflation metrics, suggesting that the U.S. Federal Reserve might adjust its definition of inflation to bring ...
U.S. home prices tripled since 2000 due to lower money costs, Gordon Johnson argues
Gordon Johnson, CEO / Analyst at GLJ Research, asserts that U.S. home prices have increased more than threefold since 2000. Johnson contends this rise is not a result of lumber prices or zoning ...
Gordon Johnson: Federal Reserve balance sheet expands as inflation rises
Gordon Johnson, CEO / Analyst at GLJ Research, questions the Federal Reserve's approach to inflation, highlighting that the central bank's balance sheet is expanding despite rising inflation. In ...
Inflation more than 90 percent above Fed target, Gordon Johnson notes
Gordon Johnson, CEO / Analyst at GLJ Research, highlights that inflation is currently over 90 percent above the U.S. Federal Reserve’s 2 percent annual target and continues to accelerate. He ...
Gordon Johnson: Market focus remains on stocks despite inflation concerns
Gordon Johnson, CEO / Analyst at GLJ Research, questions the significance of consumer spending and inflation in the current market environment. Johnson argues that as long as stocks continue to ...
