--- title: "\"The Bear Market Arrives\" Interview with Tom Samuelson on the Gravity Exists Podcast" description: A recap of The Bear Market Arrives on the Gravity Exists podcast. image: https://blog.vineyardglobaladvisors.com/hubfs/ft-img-the-bear-market-arrives-1.jpg --- [![Vineyard Global Advisors](https://blog.vineyardglobaladvisors.com/hs-fs/hubfs/Vineyard_GlobalAdvisors_logo_transparent.png?width=250&height=87&name=Vineyard_GlobalAdvisors_logo_transparent.png "Vineyard Global Advisors")](https://www.vineyardglobaladvisors.com/) - [Home](https://www.vineyardglobaladvisors.com) - [Our Firm](https://www.vineyardglobaladvisors.com/our-firm) - [Philosophy](https://www.vineyardglobaladvisors.com/our-philosophy) - Strategies - [Strategy Overview](https://www.vineyardglobaladvisors.com/strategies) - Equity Alpha - [Quantitative Value](https://www.vineyardglobaladvisors.com/quantitative-value) - [Quantitative Growth](https://www.vineyardglobaladvisors.com/quantitative-growth) - [Sector Rotation](https://www.vineyardglobaladvisors.com/sector-rotation) - [Style Flex](https://www.vineyardglobaladvisors.com/style-flex) - [Optimized Equity Alpha](https://www.vineyardglobaladvisors.com/optimized-equity-alpha) - [Enhanced S&P 500](https://www.vineyardglobaladvisors.com/enhanced-500) - Income - [Russell 3000 Enhanced Dividend](https://www.vineyardglobaladvisors.com/russell-3000) - [Dynamic Yield](https://www.vineyardglobaladvisors.com/dynamic-yield) - [Risk Managed Income](https://www.vineyardglobaladvisors.com/risk-managed-income) - [Global Fixed Income](https://www.vineyardglobaladvisors.com/global-fixed-income) - Asset Allocation - [Advantage Plus Series](https://www.vineyardglobaladvisors.com/advantage-plus-series) - [Allocation Plus Series](https://www.vineyardglobaladvisors.com/allocation-plus-series) - [ETF Advantage Series](https://www.vineyardglobaladvisors.com/etf-advantage-series) - Insights - [Market Commentary](https://blog.vineyardglobaladvisors.com/commentary) - [Quarterly Webinars](https://blog.vineyardglobaladvisors.com/commentary/tag/webinars) - [In The News](https://blog.vineyardglobaladvisors.com/blog/tag/in-the-news) - [Blog](https://blog.vineyardglobaladvisors.com/blog) - [For Advisors](https://www.vineyardglobaladvisors.com/wealth-advisors) - Contact - [Contact Us](https://www.vineyardglobaladvisors.com/contact-us) - [Request for Proposal](https://www.vineyardglobaladvisors.com/request-for-proposal) ![VGA_Hero](https://blog.vineyardglobaladvisors.com/hubfs/VGA_Hero.jpg) [Webinars](https://blog.vineyardglobaladvisors.com/blog/tag/webinars) | [Media](https://blog.vineyardglobaladvisors.com/blog/tag/media) | [In The News](https://blog.vineyardglobaladvisors.com/blog/tag/in-the-news) | 1 min read # "The Bear Market Arrives" Interview with Tom Samuelson on the Gravity Exists Podcast Written by [VGA Investment Team](https://blog.vineyardglobaladvisors.com/blog/author/vga-investment-team) Aug 16, 2022 11:25:51 AM # ![Tom-1-1](https://blog.vineyardglobaladvisors.com/hs-fs/hubfs/Tom-1-1.jpg?width=255&name=Tom-1-1.jpg)"The Bear Market Arrives"– Interview with Vineyard Global Advisors Chief Investment Officer Thomas Samuelson, CFA, CMT  Vineyard Global Advisors Chief Investment Officer Thomas Samuelson, CFA, CMT joined Gravity Exists for a deep dive into the state of the economy in a timely interview entitled “The Bear Market Arrives.”  The podcast interview focused on the macro backdrop, where VGA weighs the pros and cons and how the firm applies a managed risk approach that seeks lower volatility returns between the long-only and hedge fund space. *Enjoy this Podcast.* 2021 -Not the Norm + A Perfect Bullish Storm *A typical bullish storm led to an expected bear market.* *With** a 70% rebound in earnings last year and the highest inflation rate since 1981, could we see a significant buying opportunity on the horizon?* **2022- As Expected, The Bear Market Arrives** *C**ontributors included the Fed tightening cycle, higher interest rates, higher inflation, and continued stock market re-valuation.*** **When Will The Stock Market Bottom?** *Without recession-3500 -3600 S&P 500=4-8% lower, a 23% decline.* *With recession- 3100-3200 S&P 500= 15-18% lower, 33% decline* **The Bottom Line** *The potential for a significant buying opportunity exists, and VGA’s playbook of strategies is well-positioned to add value to investor portfolios based on experience managing risk in markets across multiple asset classes. Energy is an example of one sector that’s top of mind and which VGA continues to watch. High-quality dividend stocks have held up this year and are an attractive defensive play. * Host: Andrew Barber, Founder Gravity Exists Presenter: Tom Samuelson, CIO of Vineyard Global Advisors Original Broadcast: Wednesday, July 13, 2022   [![Learn more about Vineyard Global Advisors’ investment strategies.](https://hubspot-no-cache-na2-prod.s3.amazonaws.com/cta/default/19651629/f072f4f7-b638-4b1c-b636-323b7e67ce25.png)](https://hubspot-cta-redirect-na2-prod.s3.amazonaws.com/cta/redirect/19651629/f072f4f7-b638-4b1c-b636-323b7e67ce25) [![View Our Strategies](https://hubspot-no-cache-na2-prod.s3.amazonaws.com/cta/default/19651629/0f0d02a1-ab92-4994-b098-68cb6f2bae33.png)](https://hubspot-cta-redirect-na2-prod.s3.amazonaws.com/cta/redirect/19651629/0f0d02a1-ab92-4994-b098-68cb6f2bae33) [![Contact Us Today](https://hubspot-no-cache-na2-prod.s3.amazonaws.com/cta/default/19651629/542864bc-0da7-4a08-9f27-df9bac129224.png)](https://hubspot-cta-redirect-na2-prod.s3.amazonaws.com/cta/redirect/19651629/542864bc-0da7-4a08-9f27-df9bac129224) Investment advisory services are provided through Integrated Advisors Network, LLC (“Integrated”) a registered investment advisor. Registration does not imply a certain level of skill or training. Vineyard Global Advisors, LLC is a practice group of Integrated. The opinions expressed herein are those of Vineyard Global Advisors and are subject to change without notice. This material is not financial advice or an offer to sell any product. Forward-looking statements cannot be guaranteed. This document may contain certain information that constitutes “forward-looking statements” which can be identified by the use of forward-looking terminology such as “may,” “expect,” “will,” “hope,” “forecast,” “intend,” “target,” “believe,” and/or comparable terminology. No assurance, representation, or warranty is made by any person that any of Vineyard’s assumptions, expectations, objectives, and/or goals will be achieved. Nothing contained in this document may be relied upon as a guarantee, promise, assurance, or representation as to the future. Vineyard Global Advisors is an investment adviser registered with the U.S. Securities and Exchange Commission. Registration does not imply a certain level of skill or training. *Investment advisory services offered through Integrated Advisors Network, LLC (“Integrated), a registered investment advisor. Vineyard Global Advisors is a DBA of Integrated.* Investors cannot invest directly in an index. There is no guarantee that the investment objectives will be achieved. Moreover, past performance is not a guarantee or indicator of future results. Does not constitute advice or a recommendation or offer to sell or a solicitation to deal in any security or financial product. It is provided for information purposes only and on the understanding that the recipient has sufficient knowledge and experience to be able to understand and make their own evaluation of the proposals and services described herein, any risks associated therewith and any related legal, tax, accounting or other material considerations. Integrated is registered with the Securities and Exchange Commission (SEC). Registration of an investment adviser does not imply any specific level of skill or training and does not constitute an endorsement of the firm by the Commission. Business is only transacted in states in which it is property registered or is excluded or exempted from registration. A copy of Integrated's and VGA's current written disclosure brochure filed with the SEC which discusses among other things, business practices, services and fees, is available through the SEC's website at: [www.adviserinfo.sec.gov](https://adviserinfo.sec.gov/?utm_campaign=advisor%20blog%20notices&utm_source=hs_email&utm_medium=email&_hsenc=p2anqtz-_vpysuhnv4rc3vj_dwz7lfh1rhhvpg9b9prvrlvy2m14u-a7zh16kobozkhnzfjzjma367) Previous [← U.S. High-Yield Bond Funds Draw Cash as Recession Fears Ebb](https://blog.vineyardglobaladvisors.com/blog/high-yield-bond-funds-draw-cash) Next [Is the U.S. Economy In a Recession? Interview with Tom Samuelson on The Street. →](https://blog.vineyardglobaladvisors.com/blog/is-the-us-economy-in-a-recession) ## You May Also Like These Perspectives on Webinars [![ft-img-new-bull-market-1](https://blog.vineyardglobaladvisors.com/hubfs/ft-img-new-bull-market-1.jpg)](https://blog.vineyardglobaladvisors.com/blog/money-life-with-chuck-jaffe-1-0) [Webinars](https://blog.vineyardglobaladvisors.com/blog/tag/webinars) ### [“Some Signs of Trouble Appear. But, A Year-end Rally is Still Possible.” Interview with Tom Samuelson on Money Life with Chuck Jaffe](https://blog.vineyardglobaladvisors.com/blog/money-life-with-chuck-jaffe-1-0) Nov 20, 2023 12:28:41 PM | 1 min read [![ft-img-new-bull-market-1](https://blog.vineyardglobaladvisors.com/hubfs/ft-img-new-bull-market-1.jpg)](https://blog.vineyardglobaladvisors.com/blog/money-life-with-chuck-jaffe-1) [Webinars](https://blog.vineyardglobaladvisors.com/blog/tag/webinars) ### ["Technical Indicators are on the Cusp of a New Bull Market," Interview with Tom Samuelson on Money Life with Chuck Jaffe](https://blog.vineyardglobaladvisors.com/blog/money-life-with-chuck-jaffe-1) Feb 8, 2023 11:17:27 AM | 1 min read [![ft-img-recession-risk-is-elevated](https://blog.vineyardglobaladvisors.com/hubfs/ft-img-recession-risk-is-elevated.jpg)](https://blog.vineyardglobaladvisors.com/blog/money-life-with-chuck-jaffe) [Webinars](https://blog.vineyardglobaladvisors.com/blog/tag/webinars) ### ["Recession Risk is Elevated, Raising Prospects of a Deeper Market Decline" Interview with Tom Samuelson on Money Life with Chuck Jaffe](https://blog.vineyardglobaladvisors.com/blog/money-life-with-chuck-jaffe) Sep 21, 2022 9:16:06 AM | 1 min read ### Subscribe to Vineyard Commentary ![Vineyard_GlobalAdvisors_logo_white](https://blog.vineyardglobaladvisors.com/hs-fs/hubfs/Vineyard_GlobalAdvisors_logo_white.png?width=200&name=Vineyard_GlobalAdvisors_logo_white.png) 9800 Mt. 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