Marine sniper turned macro strategist says this bull market has six to 12 months left. Here’s his playbook.

Marine sniper turned macro strategist says this bull market has six to 12 months left. Macro Ops’ Alex Barrow sees trouble ahead with retail investors deeply exposed to stocks A highly imbalanced stock market will only resolve one way, says Macro Ops founder Alex Barrow. /iStockphoto The demise of the four-year-old bull market in stocks may be just months away due to aggressive borrowing at a time when investors have already loaded up on stocks. That’s according to former U.S.

Marine sniper and founder of macro investment research service firm Macro Ops, Alex Barrow, who said signs of stress are showing up in elevated exposure from both hedge funds and retail investors as well as the money being borrowed to invest. Copyright ©2026 MarketWatch, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8 Want to help your adult kids and grandkids?

Give them money while you’re still alive. Apple’s new earnings era begins at a critical time for Big Tech My wife cried when I found out she had only $80,000 in her 401(k). Am I wrong to be shocked?

Grand Theft Callout: ‘GTA 6’ fans are missing work on the game’s release day because they ‘don’t want to wait’ anymore Barbara Kollmeyer is based in Madrid, where she leads MarketWatch's premarket coverage of financial markets and writes the Need to Know column. She has worked in London and Los Angeles for MarketWatch previously. Follow her on Twitter @bkollmeyer.

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