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EssentialDaily Briefing

Bulls vs. Bears: Who Wins This Epic Showdown?

Featuring Mark Ritchie II and Maggie Lake

August 29 at 8:00PM • 33 minutes

Essential

Daily Briefing

Bulls vs. Bears: Who Wins This Epic Showdown?

"There are two past bottoming precedents we are currently watching," says Mark Ritchie II.

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Featuring Mark Ritchie II and Maggie Lake

August 29 at 8:00PM • 33 minutes

U.S. equity indexes followed Bitcoin lower at Monday’s open, trading well in the red as investors continued to price in Federal Reserve Chair Jerome Powell’s short but stern message that the central bank will tighten monetary policy until inflation is beaten. The yield on the two-year U.S. Treasury note surged to a 15-year high, and we’re now witnessing the deepest inversion between the two-year and the 10-year U.S. Treasury note in more than 20 years. And September – historically the worst month for stocks – is just around the corner. “Tightening should only worsen the potential for a major breakage in credit,” notes Mark Ritchie II, “and the Fed’s refusal to pivot in the short run should produce some more potential fireworks to the downside.” Ritchie II, the manager of RTM3 LLC, and an analyst at Minervini Private Access, joins Real Vision’s Maggie Lake to talk about the epic battle brewing between bears and bulls and whether U.S. stocks are going to make another run at the lows. We also hear from Vincent Deluard about the energy crisis in Europe. Watch the full conversation featuring Vincent Deluard and Maggie Lake here: https://rvtv.io/3PX0mEz.

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Real Vision's Daily Briefing provides a macro context for the day's market action, Monday through Friday, live at 4:00 p.m. ET. Our hosts talk with traders, quants, investors, and analysts with skin in the game. These experts include Tony Greer, Katie Stockton, Jim Bianco, Jared Dillian, Thomas Thornton, and our own Raoul Pal. In just 30 minutes, you'll get the world's smartest analysis of global markets and the important macro trends driving them.

More Episodes

Real Vision's Daily Briefing provides a macro context for the day's market action, Monday through Friday, live at 4:00 p.m. ET. Our hosts talk with traders, quants, investors, and analysts with skin in the game. These experts include Tony Greer, Katie Stockton, Jim Bianco, Jared Dillian, Thomas Thornton, and our own Raoul Pal. In just 30 minutes, you'll get the world's smartest analysis of global markets and the important macro trends driving them.

More Episodes

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