Coronavirus: Raoul's Macro Outlook
Real Vision CEO, Raoul Pal, comes on to share his insights on the recent coronavirus outbreak, which he believes might threaten fragile global economic growth by inducing a worldwide demand and supply shock. He argues that, pandemic or not, central banks will have no choice but to lower rates even further as countries scramble to contain the virus impacts at the expense of their economies, and he recommends that investors prepare for this contingency by betting on bonds like never before. He also looks at the knock-on effect and other plays on the potential outcomes. Raoul’s talk includes data-driven insights from his premier research publication, The Global Macro Investor, which is usually only available to the world’s largest hedge funds and family offices. Filmed on January 31, 2020, in Grand Cayman.