Investor’s Daily
Nickolai Hubble | May 10, 2026

Are you ready to play stock market ‘catch’?

Because it seems everyone’s got the knives out for stocks right now…

Get Back In The Box Miss Sharp

Even the deputy governor at the Bank of England is sounding the alarm bells:

Sarah Breeden says the US-Iran war has created “the worst energy shock in my living memory…”

Private credit is showing cracks…

Government debt is ballooning…

And equity valuations, she says, are “stretched” in ways that “rhyme with the vulnerabilities” that preceded the 2008 financial crisis:

“There’s a lot of risk out there… there will be an adjustment…”

And she is just the latest in a long line of investment veterans who believe the market is firmly in the “playing with fire” realm…

With permabear Jeremy Grantham – the 87-year-old British-born billionaire investor and philanthropist – declaring:

“We’re in the biggest stock market bubble ever”.

And warning the inevitable correction could be as grim as the Great Depression.

So, what to do?

When the stocks start falling, do you try to catch the ‘falling knives’?

Most standard investment advice is DON’T!

But Howard Stanley, the co-founder and co-chairman of Oaktree Capital Management, the largest investor in distressed securities worldwide, says DO!

In his view, that’s how you get bargains!

The higher this market rises, the greater the fall will likely be.

The SNOWBALL knows what shares it would like to buy if/when the market falls, one problem is there are too many in the coveted list and it would also have to sell first to buy.

Without hindsight, you can only sell at the top and buy at the bottom by luck, so don’t beat yourself up when you don’t. You can buy the yield because as prices fall the yield rises.