Adventures In Finance: A Real Vision Podcast

U.S. equities are down to start the week as investors look forward to the Fed’s next interest rate hike decision on Wednesday. As we progress through earnings season, large-cap tech is under the spotlight, with Apple, Google, Meta, and Amazon reporting this week. Maggie Lake is joined by Eric Jackson of EMJ Capital to discuss the current tech rally, whether it’s sustainable, and how long it could run. Plus, we’ll hear a clip from Real Vision’s new series, Deep Dive, where Danielle DiMartino Booth and Andreas Steno Larsen discuss a Fed divided. Watch that entire interview here: https://rvtv.io/3DpBFNK Learn more about your ad choices. Visit podcastchoices.com/adchoices

In this inaugural episode of Looking for the Upside, Andreas Steno Larsen and Mark Nelson, managing director at Radiant Energy Group, explore opportunities in nuclear power and uranium for 2023. Mark walks us through the investment case, while Andreas offers ways to play it (wait for the end). The goal is for you to walk away wanting to explore this topic further or decide it’s not for you. Enjoy. Recorded on January 6, 2023. Learn more about your ad choices. Visit podcastchoices.com/adchoices

China bids adieu to zero-COVID this week after its borders reopened, and investors are flocking in to capitalize on these long-awaited trading opportunities. Andreas takes a step back to examine the Chinese economy as it currently stands and digs into how the reopening may affect prices across various asset classes. Recorded on January 10, 2023. Learn more about your ad choices. Visit podcastchoices.com/adchoices

According to the latest PCE price index data out this morning, U.S. households reduced their spending in December, bolstering the argument that an economic slowdown is near. Stock markets rallied on the news, as investors assume that the Fed will begin to slow its interest rate hikes. Mish Schneider of MarketGauge.com and Harry Melandri of MI2 Partners are here to explore whether this market is paying attention to all the necessary factors. We’ll also hear from Andreas Steno Larsen on the ripple effects that China’s reopening is having on commodities.You can watch the entire episode of Steno’s Signals here: https://rvtv.io/3JlzFd0 In the second part of the show, we’ll dive deep into the setup that Mish thinks is the next big trade. That part will be available only to Real Vision members. If you’re not a member yet, you can start a 7-day trial for $1 and see what you think. Learn more about your ad choices. Visit podcastchoices.com/adchoices

U.S. economic growth rose 2.9% in Q4 2022, down 0.3% from the prior quarter but stronger than forecasts. Markets rallied on the news, as some investors saw cooler-but-growing GDP as proof that a soft landing may be possible. Andreas Steno Larsen joins Maggie Lake to explore some mysterious data contradictions now popping up — and why a recession may have started many months ago. Then, Francis Gannon of Royce Investment Partners joins the show to dive into why small-caps may offer equity investors the best value in this market environment. Learn more about your ad choices. Visit podcastchoices.com/adchoices

It’s been a roller coaster day for U.S. equities, as stocks plummeted after Microsoft issued weak forward guidance on its earnings call. But as of this writing, indexes have erased those early losses and the options market is now pricing in a Fed pivot after next Thursday’s Fed funds rate announcement. Imran Lakha, the founder of Options Insight, joins Maggie Lake to discuss his views of the macro landscape, explain what the options activity means for broader markets, and share some ways that investors can take action. Plus, we’ll hear from Marko Papic, chief strategist at Clocktower Group, on why he’s so confident the U.S. won’t enter a recession in 2023. You can watch the entire interview with Marko and Andreas Steno Larsen here: https://rvtv.io/antidavos Sign up for the Real Vision Academy for access to Imran’s course on options here: https://t.co/wRrZtPLopn Learn more about your ad choices. Visit podcastchoices.com/adchoices

U.S. equities were flat today as investors weigh dual uncertainties: earnings season and a potential recession. Meanwhile, energy and interest rates both closed in the red, and business conditions contracted in January for the fourth month in a row, according to the latest S&P survey. Andreas Steno Larsen sits down with Eric Johnston of Cantor Fitzgerald to discuss the latest price action and hear why he believes there’s “very little upside” for stocks in the near-term. Plus, we’ll hear from veteran economist and strategist David Rosenberg, on why a rapid collapse in inflation could lead to a drawn-out recession. You can watch that entire interview here: https://rvtv.io/3DaMUt6 Learn more about your ad choices. Visit podcastchoices.com/adchoices

The U.S. stock market rallied to start the week, with the Nasdaq Composite leading the way after a slew of job cuts from major tech companies entering earnings season. Both the Nasdaq and the S&P 500 made new monthly highs and broke above key moving averages. Mike Coolbaugh, the founder of Element Macro Research LLC and a Real Vision analyst, joins Maggie Lake to discuss today’s price action and what macro data he’s watching we move into February. Then, technical trading legend Dave Floyd of Aspen Trading Group joins the conversation to read the charts and share how he’s identifying tradeable trends. We’ll also hear Jared Dillian’s take on gold from last Friday’s extended Daily Briefing. You can watch that entire interview right here: https://rvtv.io/3GZtF6O Learn more about your ad choices. Visit podcastchoices.com/adchoices

Turkey has been the best-performing equity market in the world in dollar terms in 2022. Meanwhile, the Mexican peso and the Brazilian real have been among the strongest currencies against the buck this year. Amid global upheaval unlike anything in recent memory, emerging markets have become much more attractive to investors. Is this a durable trend in asset allocation? Andreas Steno Larsen welcomes Whitney Baker, the founder of Totem Macro, for a conversation about the convergence of deglobalization, inflation, and quantitative tightening and the emergence of emerging markets as we transition to a multipolar geopolitical-macroeconomic regime. Follow Whitney on Twitter @TotemMacro. Recorded on November 23, 2022. Learn more about your ad choices. Visit podcastchoices.com/adchoices

In the inaugural episode of Steno's Signals, Andreas walks us through why inflation will fall fast in the first quarter of this year, why that might not be a broad-based sign to buy equities—especially in the energy sector—and tells us how he’s setting up to trade it. Recorded on January 3rd, 2022. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Stocks rallied back on Friday but are still down on the week as another large round of job cuts hits the technology sector. In today’s extended version of the Daily Briefing, Jared Dillian joins Maggie Lake to discuss this week’s price action, overall market sentiment, and when he sees a true Fed pivot coming into play. In the second part of this extended show, we’ll dive deep into what Jared is specifically trading, how he’s positioning, and how to protect yourself in 2023. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Stocks extended yesterday’s slide after lower-than-expected U.S. weekly jobless claims this morning suggested a still-resilient labor market. Meanwhile, December housing starts slowed less than forecasted, tech layoffs continue, and earnings reports suggest that the Fed’s rate hikes are beginning to manifest a recession. Tom Thornton, the founder of Hedge Fund Telemetry, joins Maggie Lake to make sense of the market action and share how he’s positioning his portfolio as earnings season picks up. Plus, we’ll hear from Andreas Steno Larsen on why the U.S. breaching its $31.4 trillion debt ceiling could impact equity investors. You can watch Andreas’ new series, Steno’s Signals, right here: https://rvtv.io/3QUIoof Learn more about your ad choices. Visit podcastchoices.com/adchoices

U.S. equities gave back this week’s gains as investors try to parse producer-side deflation, the probability of recession, and the Bank of Japan’s decision to leave its yield curve control policy unchanged. The BoJ on Wednesday maintained its ultra-low interest rates, which sent the yen lower and led to interesting action in Japanese government bonds. Global markets contributor Weston Nakamura joins Andreas Steno Larsen to discuss what this BoJ news means from various asset classes, how the action is trickling into U.S. markets, and key takeaways from this morning’s PPI release. Plus, we’ll hear from Ruchir Sharma, founder and CIO of Breakout Capital, on why he is a little confused about where Japan sits in his EM portfolio. You can check out that entire interview right here: https://rvtv.io/3ZJ8YEX Check out Weston’s Twitter Spaces on the BOJ Here: twitter.com/i/spaces/1BdGYyNpYAyGX Learn more about your ad choices. Visit podcastchoices.com/adchoices

U.S. equities began the week choppy as Goldman Sachs and Morgan Stanley both reported steep profit losses in Q4 2022. Banks see a recession coming, but does the rest of the market agree? Ash Bennington sits down with Tony Greer, founder of TG Macro and editor of the Morning Navigator, to hear what moves he’s watching in energy and commodities and how he feels about the broader rally in stocks. We’ll also hear from Andreas Steno Larsen on why he prefers precious metals over energy right now. You can watch Andreas’ new series, Steno’s Signals, right here: https://rvtv.io/3iuIO8j. Learn more about your ad choices. Visit podcastchoices.com/adchoices

What’s the trajectory of inflation in 2023? How about the likelihood of a severe recession? There’s no shortage of uncertainty as we look past the holidays, but Joseph Wang, Andy Constan, and James Helliwell have some thoughts on what’s to come. Don’t miss this discussion of how to navigate the markets in 2023. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Are investors prepared to weather the storm that’s brewing for global markets? Welcome to the latest edition of V Questions, where expert guests answer 5 questions in 1 take with zero preparation. On today’s show, Felix Zulauf and Cullen Roche share their thoughts on the trajectory of inflation in 2023, the likelihood of a severe recession, and why patience will be key for anyone trying to navigate the markets in 2023. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Earnings season for Q4 2022 kicked off today with both Bank of America and JPMorgan warning of a “mild recession” coming later this year. That’s a long way from the early-2023 crash that many analysts predicted not long ago. So, what changed? Real Vision co-founder and CEO Raoul Pal joins Andreas Steno Larsen for a special two-part edition of the Daily Briefing. Raoul and Andreas will discuss the evolving global macro landscape and the market’s response to new inflation data. In the second part of the show, we’ll dive deep into Raoul’s 2023 outlook and how he’s positioning himself. That part will be available only to Real Vision members, and you’re not going to want to miss it. If you’re not yet a member, you can start a 7-day trial for $1 and see what you think. Sign up here: https://www.realvision.com/discount10 Learn more about your ad choices. Visit podcastchoices.com/adchoices

The pace of U.S. inflation slowed again in December as overall consumer prices fell by 0.1% month-over-month, according to the latest CPI report. Stocks ticked higher as a result, and the market is now pricing in a 25-basis point interest rate hike from the Fed next month. On today’s show, Maggie Lake is joined by Dr. Komal Sri-Kumar, president of Sri-Kumar Global Strategies, to hear why he believes the market is getting ahead of itself with this latest rally and why the Fed has lost credibility. We’ll also hear from Andreas Steno Larsen on why he prefers precious metals over energy as China reopens. You can check out Andreas’ new series, Steno’s Signals, right here: https://rvtv.io/3iuIO8j Learn more about your ad choices. Visit podcastchoices.com/adchoices

Stocks are inching higher as we await tomorrow’s December CPI release, with tech leading the way as the Nasdaq Composite puts in a fourth straight green day. China-related equities and commodities are also rallying on optimism about China’s reopening. On today’s show, Andreas Steno Larsen is joined by Harry Melandri of MI2 Partners to discuss the state of markets, what China’s reopening means for the global economy, and preview tomorrow’s inflation data. You’ll also get a sneak peek at our newest series, Looking For the Upside, where we focus on a new investment theme and examine why right now may be the time to invest. Check out the new series here: https://rvtv.io/nuclearupside Learn more about your ad choices. Visit podcastchoices.com/adchoices

On today’s show, Shawn Hackett, president of Hackett Financial Advisors, joins Maggie Lake to discuss the latest developments in markets and the state of global macro conditions with an eye toward commodities. Shawn’s a commodities expert, and he’ll talk to the to the flooding in California, other erratic weather and upcoming patterns to explain what they mean for everything from agricultural products to energy to the U.S. dollar. Learn more about your ad choices. Visit podcastchoices.com/adchoices