May 28 2022 . 44 MIN

My Life in 4 Trades - Peter Boockvar Delivers a Masterclass on Managing Losses

Here’s a full-length episode from Real Vision's original series, My Life in 4 Trades - be sure to subscribe. Chief Investment Officer at Bleakley Advisory Group, Peter Boockvar, joins Maggie Lake to discuss his fascinating career journey. Boockvar explains how to strategically size a position and shares how he learned to manage risk.

May 28 2022 . 38 MIN

Are Markets and the Economy at Major Turning Points?

“The next several weeks are going to be rather brutal for markets,” says Raoul, “and bonds are likely to be your only friend as the market begins to price in an immediate, sharp recession, then a Fed pivot in the summer.” Real Vision’s co-founder and CEO joins Andreas Steno Larsen to expand on that forecast as chatter about “peak inflation” and a “soft landing” are rising, global equity fund inflows are surging, and stocks are closing out their first positive week in the last nine. Are we at a major turning point? Or is this simply a bounce within a bear market? Raoul shares his current thoughts about the economy, stocks, bonds, and crypto, emphasizing caution now with an eye on opportunities in the future. Want to submit questions? Drop them right here on the Exchange: https://rvtv.io/3MQzC7Y. Watch Raoul’s special flash update here: https://rvtv.io/3LYrYHo.

May 27 2022 . 31 MIN

It's a Big Day for the Dow

It was 126 years ago today, on May 26, 1896, that Charles Dow first published the Dow Jones Industrial Average in the Customer's Afternoon Letter. “He was a man after my own heart,” tweeted Tony Greer, the founder of TG Macro and Maggie Lake’s guest for today’s Daily Briefing. The Dow is celebrating its anniversary with a 600-point surge, following through on Wednesday’s post-FOMC-minutes-release rally. But Tony has his eyes on the disconnect between commodity prices and inflation expectations. “I think they will converge again soon,” he tweeted. Meanwhile, the Bureau of Economic Analysis updated its estimate of first-quarter GDP contraction from 1.4% to 1.5%. Tony and Maggie talk commodities and inflation, and we also hear from Cathie Wood about the macro environment and the long-term forecast for growth tech. Want to submit questions? Drop them right here on the Exchange: https://rvtv.io/3LNIx8L. And keep an eye out for Cathie’s interview with Raoul – it drops tomorrow....

May 26 2022 . 32 MIN

Fed Notes Potential Need for "Restrictive Policy"

Federal Reserve officials acknowledged an “uncertain” economic environment but forecast “solid” growth and continuing strength in the labor market, as minutes to the May FOMC meeting revealed a general consensus behind at least a couple more 50-basis-point rate hikes. The Fed also noted that “restrictive policy may become appropriate.” Stocks struggled for footing in the immediate aftermath of the minutes’ release. George Goncalves, Head of U.S. Macro Strategy at MUFG, joins Real Vision’s Maggie Lake to talk about the May FOMC minutes and the impact of tightening real financial conditions on markets and the economy. We also hear from Danielle DiMartino Booth and Jim Bianco about the repercussions of a widespread loss of faith in the Fed. And we get a look at today’s episode of the new Real Vision series Crypto Unwrapped. Want to submit questions? Drop them right here on the Exchange: https://rvtv.io/38IF1iQ. Watch the full conversation between Danielle DiMartino Booth and Jim Bianco here: https://rvtv.io/3MmeBlg. Watch the Crypto Unwrapped episode featuring Leslie Lamb, Ash Bennington, and Paul Guerra here: https://rvtv.io/38iDcZF.

May 25 2022 . 33 MIN

The Whipsaws Will Continue Until the Fed Finishes Its Work

Stocks sagged early, with social media stocks dragging the Nasdaq down more than 3% on bearish earnings guidance from Snap Inc., but rallied off the lows in a move presaged by Thomas Thornton right before noon ET. “Seeing most ETFs down on the day but lifting over today's volume-weighted average prices, which, if those levels can hold, is a positive,” tweeted Thornton, the founder of Hedge Fund Telemetry. Thornton joins Real Vision’s Ash Bennington to talk about today’s price action in the broader (bullish or bearish?) context. And we hear from Dario Perkins, managing director at Global Macro, about the bursting of the “everything bubble” and the impact of rising interest rates on equity valuations. Want to submit questions? Drop them right here on the Exchange: https://rvtv.io/3lEctcV. Watch the full conversation between Dario Perkins and Raoul Pal here: https://rvtv.io/3sU59hz.

May 24 2022 . 30 MIN

Here's the Good News About a Recession

The Dow Jones Industrial Average has logged eight consecutive losing weeks, but it’s leading the U.S. equity indexes to the upside today with a gain of more than 2%. Perhaps investors are looking at stocks with Jared Dillian’s style of optimism. “If we get a recession, and it looks like we will,” notes Dillian, “it will be a much easier trading environment than what we’ve been dealing with. Fed easing policy is always easier than Fed tightening policy.” Dillian, author of The Daily Dirtnap, joins Real Vision’s Ash Bennington to make his case for a developing risk-on environment. We also hear from Francis “The Market Sniper” Hunt about Bitcoin and its correlation to old-school financial asset prices. Want to submit questions? Drop them right here on the Exchange: https://rvtv.io/38DtmSo. Watch the full conversation between Francis Hunt and Ash Bennington here: https://rvtv.io/3LG8cAq.

May 22 2022 . 6 MIN

My Life in 4 Trades - A Special Bonus Trade From Serial Entrepreneur, Howard Lindzon

Here's a special bonus trade from Real Vision's new original series, My Life in 4 Trades - be sure to subscribe. Handling stress is one of the most difficult things investors are faced with daily. Howard Lindzon shares his insights on how to manage stress and why finding a good mentor can be a game changer in life and work.

May 22 2022 . 50 MIN

The Next Big Trade - Legendary Investor, David Rosenberg, Believes We're Going Into A Bear Market

Here's a full-length episode from Real Vision's new original series, The Next Big Trade - be sure to subscribe. One of the biggest names in global macro, David Rosenberg, joins Harry Melandri to talk about the possible return of deflation, global supply chain issues, and what the next 12 months could look like.

May 21 2022 . 45 MIN

My Life in 4 Trades - Serial Entrepreneur, Howard Lindzon, on The Value of Investing for Both Profit and Joy

Here's a full-length episode from Real Vision's new original series, My Life in 4 Trades - be sure to subscribe. Howard Lindzon joins Maggie Lake to discuss how a lifelong passion for comedy led to his success in the early days of the internet. He also touches on de-globalization and why finding a unicorn isn’t as important as it may seem.

May 21 2022 . 36 MIN

The Fed Will Sacrifice Investors To Beat Inflation

A surprise rate cut by the People’s Bank of China boosted equity futures early Friday, and stocks did open higher. But any optimism the Federal Reserve would follow the PBoC’s dovish example and not “hike until it hurts” faded before noon. "They are going to break inflation,” says Jim Bianco, “and if they break you along the way, so be it." The S&P 500 slipped into official “bear market” territory, and the Dow Jones Industrial Average is on track for its eighth consecutive down week, the longest such streak since 1923. Bianco, President of Bianco Research, joins Real Vision’s Ash Bennington to talk about the implications of a hawkish Fed and the possibility of a global recession. And we hear from Dario Perkins about the “tangible” opportunity that may follow this period of slowing growth. Want to submit questions? Drop them right here on the Exchange: https://rvtv.io/3wvTE24. Watch the full conversation between Dario Perkins and Raoul Pal here: https://rvtv.io/3wyGYYf.