When The Music Stops: Airlines, Gold, and Inflation Nirvana

Published on
April 21st, 2021
Duration
31 minutes


When The Music Stops: Airlines, Gold, and Inflation Nirvana

Daily Briefing ·
Featuring Jared Dillian and Jack Farley

Published on: April 21st, 2021 • Duration: 31 minutes

Jared Dillian, founder of The Daily Dirtnap, joins Real Vision’s Jack Farley to break down how market sentiment is evolving, the pause of the re-opening trade, and the renewed vigor in speculative activity. Dillian puts the remarkable rise of Dogecoin alongside other high-flyers such as Tesla, SPACs, and GameStop, exploring how rising rates could unwind leverage and cause some of these trades to implode. Dillian then discusses why he decided to exit the airlines, an industry on which he was previously very constructive. Dillian evaluates other re-opening sectors such as commercial real estate and theme parks before explaining why he is doubling down on his inflation trades and gearing his holdings to an even higher level of inflation exposure such as gold, land, and food.