DB-Oct 16, 2020 - The Debt Civil War and "The Organic Recession"

Managing editor, Ed Harrison, joins Dave Floyd, founder of Aspen Trading, to review and analyze today’s price action. Ed and Dave first discuss the continuing sell-off in equities and examine Dave’s bearish position on the S&Ps. They also consider the dollar’s move upward, what opportunities may exist for the yen as a result, and how low volatility in bonds is prompting higher volatility in the FX space. Finally, Dave shares his thoughts on the sell-off in silver, explains what technicals he uses to manage the trade, and at what levels he’ll retest his bullish thesis on precious metals. Learn more about your ad choices. Visit podcastchoices.com/adchoices

23 Syys 202023min

Senior editor, Ash Bennington, welcomes back Tony Greer, editor of the Morning Navigator, to discuss the ongoing inflation trade. Tony expounds on his bullish posture toward oil and some of the technical indicators he uses to analyze different securities. He also reviews some of the current policy stances that emerged from last week’s FOMC meeting, explaining how he leverages these policy shifts to seek out price inflation across different asset classes. Real Vision reporter Haley Draznin monitors the continued volatility in the markets and addresses the potential risks investors are paying close attention to in the coming weeks including another stimulus relief bill out of Congress, a new spending bill, and surging coronavirus cases in the U.S. and abroad. Learn more about your ad choices. Visit podcastchoices.com/adchoices

22 Syys 202032min

Real Vision senior editor, Ash Bennington, and managing editor, Ed Harrison, discuss a volatile day in markets. Ed and Ash analyze today’s sell-off in stocks, gold, and silver as well as a significant rally in bonds. They then consider the resignation of Nikola founder, Trevor Milton, the rumors of European bank consolidation, and the passing of Supreme Court Justice Ruth Bader Ginsberg. Ed looks forward to his interviews with Jim Berry, Deloitte’s U.S. real estate leader, and Ben Inker, head of asset allocation at GMO. Lastly, Ash speaks to Real Vision editorial intern Bryce Zuccoli, who was recently diagnosed with COVID-19. Learn more about your ad choices. Visit podcastchoices.com/adchoices

21 Syys 202032min

If you haven’t been living under a rock, you’ve probably heard the narrative that cities are dead and that white collar workers, now unburdened by the ability to work from home, are fleeing to the suburbs as fast as they can. Logan Mohtashami, lead analyst at Housing Wire, explains to Real Vision’s Ash Bennington why it is nothing more than an interesting narrative. He goes on to add that, aside from a few pockets in New York and San Francisco, the relative strength in the suburban housing market is being driven by the only factors that matter -- demographics and mortgage rates. Bennington and Mohtashami also drill down on the relationship between bond yields and mortgage rates and the knock-on effects into housing demand that you could see depending on different scenarios for those rates.  Learn more about your ad choices. Visit podcastchoices.com/adchoices

20 Syys 202052min

There will always be debate surrounding what is the best way to gain exposure to precious metals. Should you buy gold miners, an ETF, maybe trade futures? It can all seem very complicated, but what if you want to do it the way it has been done for centuries -- owning physical metal with your name on it stored in a vault in a secure location? Mark Yaxley, general manager at Strategic Wealth Preservation (SWP), sits down with friend and client Raoul Pal to answer that very question and discuss how SWP has made it easy to buy, sell, and store precious metals in the Cayman Islands in a safe, legal, and affordable way for countless clients from all over the world. Together, they also discuss the state of the physical gold market, Mark and Raoul’s outlooks for the asset class, differences between coins and bars from assorted global producers, and the types of clients Mark is seeing step into the physical market at this exciting time for precious metals. Filmed on August 19, 2020. To find out more about SWP or open a physical metals account, go to www.swpcayman.com/realvision. Learn more about your ad choices. Visit podcastchoices.com/adchoices

19 Syys 202052min

Real Vision CEO and co-founder, Raoul Pal, is joined by senior editor, Ash Bennington, to look forward to the future of markets as well as Real Vision. After they evaluate how the market interpreted the Fed’s latest FOMC meeting, Raoul broadens the conversation beyond equities to make sense of the flatness in bond yields and credit spreads. Raoul and Ash then discuss the upcoming two-week exploration on Real Vision, “Has Everything Changed,” as well as discuss how Real Vision’s new platform, “The Exchange,” is allowing Real Vision members to connect with each other and form a “hive mind.” In the intro, Jack reviews market price action and gives a sneak peak of “Has Everything Changed.” Learn more about your ad choices. Visit podcastchoices.com/adchoices

19 Syys 202030min

Senior editor, Ash Bennington, joins managing editor, Ed Harrison, to discuss the latest in markets, macro, and coronavirus. They discuss how the results of the upcoming earnings season will provide a gauge on the health of the economy and solidify its standing as 2020 begins to come to a close. They also speculate on the ongoing persistence and momentum to the upside in equity markets, short-dated options trading amongst retail investors, and the sudden proliferation of special purpose acquisition companies (SPACs). Ash and Ed then debrief yesterday’s FOMC meeting, lay out the impact the Fed’s actions will have on the bond market, and consider whether the Fed really is out of ammo at this point. In the intro, Peter Cooper shares the latest jobless claims data and enumerates on the flaws of solely relying on this data to understand the health of the labor market. Learn more about your ad choices. Visit podcastchoices.com/adchoices

17 Syys 202031min

Senior editor, Ash Bennington, invites managing editor, Roger Hirst, to take a deep dive into options to gain clarity on what this market’s greatest, current mover is. Roger argues that, contrary to conventional thought, currently the institutional “whales” are less influential than the retail investors, who are driving the options markets and have made themselves out to be the “megalodon.” He breaks down how retail investors are contributing to momentum through options, how “air pockets” in equity markets and contract expiries are linked, and how rising volatility will continue to increase “air pocket” risks. Roger then elaborates on why he believes these aren’t structural risks as of yet, but rather that insolvency risks are more near-term by observing how zombification of large-cap companies is on the rise due to misallocated capital and QE infinity. Ash and Roger then finish off their conversation by exploring the renewed risks to a clean Brexit. Real Vision reporter Haley Draznin analyzes at the correlation between retail sales out this morning and the performance in the market. She also looks at the surge in IPOs this week, including Snowflake’s debut today. Learn more about your ad choices. Visit podcastchoices.com/adchoices

16 Syys 202038min