One Year Anniversary of the Market Bottom -- What Could Go Wrong?

U.S. equities gave up early gains and yields pushed higher as investors assess mixed earning results and economic data ahead of next week’s January CPI print. Despite the late selloff in stocks, a weekly survey from the American Association of Individual Investors showed that investors are net bullish for the first time in nearly a year. Jared Dillian, the editor of the Daily Dirtnap, joins Maggie Lake to discuss sentiment, commodities, and more. We’ll also hear a clip from Andreas Steno Larsen on why energy is underperforming despite China’s reopening. Watch that entire interview here: https://rvtv.io/3HQOcuL Learn more about your ad choices. Visit podcastchoices.com/adchoices

9 Feb 202337min

Federal Reserve board members continue to call for more rate hikes, a day after chairman Jay Powell reaffirmed the central bank’s commitment to higher interest rates. Markets are eager to be free of the shackles of inflationary forces and quantitative tightening, but Vincent Deluard of the StoneX Group sees the bright side of this bear market. He joins Ash Bennington to explore how this painful macro regime shift could lead to a better tomorrow. Plus, we’ll hear a clip from Looking for the Upside, where the author Dror Poleg discusses the evolving real estate market in the era of remote work. Watch that entire interview here: https://rvtv.io/3I8OL4A Learn more about your ad choices. Visit podcastchoices.com/adchoices

8 Feb 202343min

In today’s session at the Economic Club of Washington, chairman Jay Powell said the ‘disinflationary process’ had begun, but the Fed will likely need to continue raising interest rates to bring inflation down further. Powell’s comments sent risk assets swinging this afternoon, but overall markets remain relatively flat. Dale Pinkert, head of trader development at TradeGateHub, joins Maggie Lake to dissect the price action and discuss what’s happening in currencies and commodities.Plus, we’ll hear a clip from investor Harris Kupperman on why he thinks failing is all part of the game. Watch that entire interview here: https://rvtv.io/3I5e4EB Learn more about your ad choices. Visit podcastchoices.com/adchoices

7 Feb 202334min

U.S. equities are flat-to-down and yields are pushing higher as many investors reconsider how the Fed may be forced to act following Friday’s strong jobs data. With uncertainty abound, Mike Alfred, managing partner of Alpine Fox LP, joins Maggie Lake to share his macro outlook and the value opportunities he’s spotting in this volatile market. Plus, we’ll hear a clip from Real Vision's new series, Buy-side Meets Sell-side, with Bob Elliott of Unlimited Funds discussing why a recession is a reasonable bet. You can watch that entire interview here: https://rvtv.io/3Y8mS2e Learn more about your ad choices. Visit podcastchoices.com/adchoices

6 Feb 202336min

When the U.S. breaches its debt limit, the Treasury will be forced to inject new liquidity into financial markets using various accounting gimmicks. Andreas shares how this extra cash flow could affect various asset classes and explores the potential multiple and ugly ramifications of this nightmare scenario. Recorded on January 17, 2023. Learn more about your ad choices. Visit podcastchoices.com/adchoices

6 Feb 202321min

Today’s jobs report packed a serious punch, showing that 517,000 new jobs were added in the U.S. in January — far above median estimates — and bringing unemployment down to a 54-year low of 3.4%. Equities and bonds are selling off on the news. According to Spectra Markets’ president Brent Donnelly, a soft landing is just one of 5 possible macro narratives that could win out. Brent joins Maggie Lake to tease out the 5 outcomes facing investors in this special edition of the Daily Briefing. Learn more about your ad choices. Visit podcastchoices.com/adchoices

4 Feb 202336min

U.S. equities continue to see broad gains in intraday trading after yesterday’s conference with Federal Reserve Chair Jay Powell, who announced a 25-basis point rate hike. Today, both the European Central Bank and the Bank of England hiked rates by 50 basis points. RTM Capital Advisors CIO Mark Ritchie II sees this as further proof of a new bull market. He’ll join Maggie Lake to unpack this “Run of the Bulls 2.0” and discuss the price action in gold and crypto. Plus, we’ll hear from natural resources investor Rick Rule on why he sees upside in precious metals. Watch the entire Looking for the Upside episode here: https://rvtv.io/3X0Vl16 Learn more about your ad choices. Visit podcastchoices.com/adchoices

2 Feb 202338min

The Federal Reserve approved a much-anticipated quarter-point interest rate hike this afternoon — and suggested that another rate rise could be coming next — in its continued battle to tame inflation. And while the central bank’s statement reiterated that “ongoing increases in the target rate will be appropriate,” futures markets are still pricing in a rate cut by the end of 2023. In his press conference, Chairman Jerome Powell said that the Fed remains strongly committed to bringing inflation back down to 2 percent, and that “there remains much more work to do” to achieve sustained price control. Darius Dale of 42 Macro joins Andreas Steno Larsen to discuss the market’s reaction to the Fed announcement, what signals Powell sent to investors, and what other key market drivers we should be watching other than interest rates. Plus, we’ll hear from Danielle DiMartino Booth from the debut episode of The Deep Dive on why we may already be in recession. Watch that entire interview here: http://rvtv.io/3WV4pEQ Learn more about your ad choices. Visit podcastchoices.com/adchoices

1 Feb 202337min