Ep 82 | Dave McGarel | Has the Market Descended From the “Death Zone”? | ROI Podcast
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Ep 82 | Dave McGarel | Has the Market Descended From the “Death Zone”? | ROI Podcast
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When Dave McGarel joined the podcast at the start of 2026, he compared high market valuations to a climber that had ascended into Mount Everest’s “death zone” — thin air, high risk, no room for error. As earnings multiples have declined from those levels, Dave returns to discuss whether the market is on safer ground as valuations have come down. He shares his outlook on equities heading into Q4, what higher interest rates mean for portfolio positioning, and his take on the ongoing data center and AI infrastructure buildout.
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