Graham Stephan: a call under review

Said on Aug 3, 2026, at 12:14 in the video.

What was said
Graham Stephan

@grahamstephan

“I tend to believe we're probably going to see some short-term panic selling, a lot of volatility, and then it's just going to slowly grind back to normal,”
Watch at 12:14Japan’s Currency Crisis Is Now America’s Problem
Predictiona call under review
What happened
Not scored

How this call was recorded (its subject, its direction or a figure) is being checked again, because the words may not say what was first recorded. It is not scored until a person has reviewed it.

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How this call was recorded (its subject, its direction or a figure) is being checked again, because the words may not say what was first recorded. It is not scored until a person has reviewed it.

What was said around it

means for you, here is what you came for. Personally, I don't think we're paying enough attention to the coordination between the United States and Japan. This is now the second time that we have stepped in in 30 years, once in 1998 and again in 2011. So, the Treasury calling the banks and telling them to intervene really shows that this is not a nothing burger, and it shows us that the United States is more intertwined than most of us expected. It's very much an us problem, too. However, in terms of how this plays out, I tend to believe we're probably going to see some short-term panic selling, a lot of volatility, and then it's just going to slowly grind back to normal, especially if the Bank of Japan finally hikes enough that the carry trade stops being worth it. Worst-case scenario is that investors get pushed to a point where it all unravels at once. But, given how Washington is closely monitoring the situation, I tend to believe that's probably not going to happen, and most likely this is going to blow over in a few weeks. But, then again, anything could happen. That's why I've been using this as an opportunity to buy the dip. If stocks drop even further, I tend to buy even more.

What a person said is shown in their own words and is never translated. The link goes to the exact second in the video.

See all

Graham StephanMarket correctionwill happen

“short-term, I would not be surprised if we see a 5 to 12% market drawdown just because of market uncertainty.”

Sep 3, 2026 · after 30 days

Incorrect so far · 30 days−0.2%

Graham Stephana call under review

“I tend to believe we're probably going to see some short-term panic selling, a lot of volatility, and then it's just going to slowly grind back to normal,”

Aug 3, 2026

Not scored

Graham Stephana call with no clear direction

“as expensive as everything is, and as much as there is the possibility that something happens that we haven't accounted for here in the market drops 30% as it stands right now.”

May 4, 2026

Not scored

Coin Bureaua call under review

“That alone suggests we're nearing a local top.”

Nov 1, 2025

Not scored

Coin BureauMarket correction— not judged: the rule reads only the US stock market in general

“A moderate   correction of 15 to 25% however is a much higher  probability scenario given the extreme leverage   in the system a flush out of this magnitude could  easily be triggered by some negative macro news or   a geopolitical headline.”

Oct 10, 2025 · after 1 year

Not verifiable

Graham StephanMarket correction— not judged: the rule reads only the US stock market in general

“this is where the NASDAQ might soon be approaching according to the data this typically hits every 7 to 10 years and when it hits unfortunately it hits kind of hard during a bare Market the stock market drops on average 33.2% and it falls over a period of 363 days”

Mar 10, 2025 · after 1 year

Not verifiable