Adapting to New Market Nuances and the Golden Age of Macro – Follow Up with Julian (LIVE)

Published on
February 18th, 2021
Duration
65 minutes

Is Everything a Bubble? Why That’s the Wrong Question – Follow Up with Raoul (LIVE)


Adapting to New Market Nuances and the Golden Age of Macro – Follow Up with Julian (LIVE)

Insider Talks ·
Featuring Julian Brigden and Max Wiethe

Published on: February 18th, 2021 • Duration: 65 minutes

At 12:00 pm EST, Julian is hosting an “Ask Me Anything” session for Pro and Blacklist members as a follow-up on his Expert View from Monday, February 15th, “Adapting to New Market Nuances and the Golden Age of Macro” and take any questions viewers have.

Comments

Transcript

  • LO
    Leonard O.
    22 February 2021 @ 00:16
    Transcript / captions please?
    • MR
      Milton R. | Founder
      22 February 2021 @ 17:28
      Coming very soon
  • WM
    Will M.
    21 February 2021 @ 19:40
    Comments on gold were a little surprising. Difficult to see gold falling to anywhere close to 1400 in the current environment BUT that "handle or the cup" looks as if it could easily fall to 1700. My Swiss advisor group note that gold need to get over 1960 to strong suggest a major rise. They are clear that real support for gold starts around 1710 BUT could go as low as 1600. I am also following Michael Oliver closely on this. He seems highly confident that gold is going to vault higher but can see a "violent flush out" below 1760 down to as far as the 1680 area according to his excellent data. However we also appeared (2/20) to have exceeded the latest weekly closing level that Oliver believes could signal the next leg up. I am watching v.closely since if gold falters again here in the next week or two I will sell down my GDX/GDXJ positions by 50%.
    • WM
      Will M.
      21 February 2021 @ 20:51
      Apologies for misquoting 2/20 data above; we have not exceeded Michaels potentially bullish kick off levels yet as they are in the low to mid 1800s. I misread a chart.
    • RY
      Roy Y.
      22 February 2021 @ 10:32
      Thanks Will M.
  • SH
    Susan H.
    21 February 2021 @ 18:19
    I appreciate this format where Julian does a separate Q&A, gives me a chance to watch and process the previous video before diving into more depth via q&a.
  • JW
    Jasper W.
    21 February 2021 @ 18:02
    Julian toying with the idea that gold could easily drop to $1300-1400, and saying that at that level it would maybe – but only maybe – be a buy, was not exactly something I liked to hear. But when someone you admire very much says something you really, really don’t’ want to hear, you are forced to listen. This will likely have a major impact on my invtesment/trading strategy. I would have liked to have an update on Julian’s view on TIPS (previously he has mentioned TIPS as the only kind of bonds he would want to own). But following the logic from this interview, I assume they could also face a rough time short-term.
  • TM
    Tommy M.
    21 February 2021 @ 14:05
    Can we get the transcript, please?
  • MW
    Marco W.
    20 February 2021 @ 15:59
    Brilliant as usual! Somehow I think Julian lean a little towards the optimistic side. Stock markets will not be allowed to decline 20%. If the decline is above 10%, the Fed will throw the kitchen sink at the market. Once it touches 15%, the Feb will purchase SPY (and IWM).
    • LC
      Liliana C.
      21 February 2021 @ 05:59
      I wouldn’t make that assumption Marco.
  • LO
    Leonard O.
    21 February 2021 @ 01:32
    Captions please - very much appreciated!
  • Dd
    Daniel d.
    20 February 2021 @ 23:57
    Please give us more of these sessions! 🙏
  • JG
    Johan G.
    20 February 2021 @ 14:34
    Julian and Max, The inflation/deflation discussion is of course crucial to any investment decision. One point I believe has been given to little attention is the distribution of income between labour and capital. With the new US administration coming in we should expect a swing towards labour, and in particular towards the low income percentile, in the distribution of national income. Since the propensity to spend is higher among the low income percentile this would drive overall demand rapidly, quite possibly more than a covid damaged economy could deliver. At the same time capital would take home less of the total national income, stifling capital formation, productivity and capacity build. This could go on for many years and be secular rather than cyclical in my opinion. Combine this with an economy that needs to combat climate change and build new infrastructure in the whole energy sector, one of the biggest in the economy, and I suspect these factors could give both cost pressure and pricing power in large parts of the economy, creating powerful inflationary forces for the next decade, maybe overpowering the long term deflatinary effect of demographics for quite a while. I also suspect this would increase the velocity of money. Such an outcome would suit the administration and the Fed well, as it would be reflationary, and combine well with YCC? Appreciate any thoughts and comments. Thanks
  • BA
    Bob A.
    20 February 2021 @ 08:41
    Thanks Julian. Your comments are always valued and appreciated.