Inside the Episode – Insider Talks (Oct 2020)

Published on
October 17th, 2020
Duration
32 minutes


Inside the Episode – Insider Talks (Oct 2020)

Insider Talks ·
Featuring Roger Hirst

Published on: October 17th, 2020 • Duration: 32 minutes

In the pilot episode of this new series, managing editor, Roger Hirst, dissects the October 2020 episode of Insider Talks to flesh out some of the nuances of what Raoul and Julian covered in their usual fast pace. In particular, Roger focuses on the mechanics and messaging behind QE as well as its effect on stock markets and the yield curve. Also in this episode, Roger goes deeper into real yields and their relationship to the price of gold; portfolio vs speculative flows; crash patterns; why regional banks are potentially a better short exposure than junk bonds; and lastly, how at the end of all this, digital currencies could be the path forward that would give central banks the flexibility they need. This is required viewing for this weekend. Filmed on October 13, 2020.

Comments

Transcript

  • AP
    Alfonso P.
    20 October 2020 @ 11:18
    Thanks, excellent, something about reflation, deflation perhaps would be helpfull
  • AR
    Anthony R.
    20 October 2020 @ 00:48
    Excellent job Roger breaking down CB actions and effects on yield.. These small segments of the broader topics are very helpful!! Let’s keep these explanatory aspects of Julian and Raoul’s outlook coming!!
  • SM
    Sean M.
    19 October 2020 @ 22:36
    12:30 in, about 18:30 left in video is great explanation of Real and Nominal Yields which really helped out my understanding.
  • AS
    Ash S.
    19 October 2020 @ 22:25
    Brilliant, more please!
  • ES
    Edward S.
    19 October 2020 @ 16:08
    In addition to the great content by Roger, I appreciated the fact that it was only 32 minutes.
  • PV
    Pavel V.
    19 October 2020 @ 13:35
    That's really great for self-education. Thank you!
  • CG
    Chinmay G.
    19 October 2020 @ 06:52
    Excellent !! Would love to have the transcript.
  • AH
    Attila H.
    19 October 2020 @ 06:38
    Great video thanks! This really helped reducing the fog around YCC and QE, etc. One blurry spot left, can someone help me clarifying. I'm struggling to understand the following: When QE is on, bond purchases - either buying by the FED, or buying by the market, frontrunning the FED - should drive up bond prices, and should push down yield, correct? But on the charts I see the opposite: during QE yields goes up or stays flat during QE. (opposing to NO-QE periods when yields are mostly falling) If we focus on the daily chart of US10Year or US05year (yields): on the very day when QE announced by fed (eg: QE1 November 25, 2008) I can see the big red candle (yield down, bond up) that is what we expect from QE, right ? As everyone jumps on and buys those bonds, so price jumps. But this lasts only one day, and during the rest of the QE period the yield is trending up that is the opposite direction. This might only related to a wrong wiring in my fundamental understanding....someone could enlighten me please ?
  • lv
    leon v.
    19 October 2020 @ 03:58
    This is great. Keep it coming. A transcript would be so nice. Thank you RV team.
  • LT
    Lisa T.
    19 October 2020 @ 01:38
    Terrific idea. Could you please add a transcript for us to download. I like to follow along, making notes/ thoughts and referring back later if needed.
  • DR
    David R.
    18 October 2020 @ 21:58
    This explainer should be available within about one week after the original video. I listened to so many other things since the original Insider Talk. But I really like the concept.
    • GS
      George S.
      19 October 2020 @ 01:22
      As this was the pilot it took us some time to iron out. Going forward we are aiming to have it out within 3-4 work days.
  • LH
    Luis H.
    18 October 2020 @ 23:21
    Great idea, adds lots of value to the subscription and Roger is great at explaining. Loved it.its a winner!!
  • DW
    Dean W.
    18 October 2020 @ 20:55
    Very well done. Would be good if you might post a pdf of your charts. thanks!
  • JR
    Josh R.
    18 October 2020 @ 20:45
    Love it
  • TM
    Tyler M.
    18 October 2020 @ 20:42
    Thanks! Very helpful.
  • WM
    Will M.
    18 October 2020 @ 20:38
    Very good indeed. The ability to expand on some of these fundamentals is valuable. Roger, might add value to segment the video to allow ease of return to say the YCC section without having to scroll through the whole video.
  • JB
    Johan B.
    18 October 2020 @ 20:37
    Thanks for this
  • SS
    Shanthi S.
    18 October 2020 @ 19:18
    Thank you so much Roger. Great stuff. Very helpful.
  • DH
    David H.
    18 October 2020 @ 18:07
    Very well done. Very good added value. Please continue.
  • LL
    Ludovico L.
    18 October 2020 @ 17:42
    Very informative, thanks Roger and looking forward to the next one!
  • BM
    Brent M.
    18 October 2020 @ 17:13
    Awesome Video! Really appreciate the direction RV is going here to help provide clarity on the topics discussed to the more novice investor.
  • NR
    Nathan R.
    18 October 2020 @ 11:45
    Superb. Where would one source the best portfolio flow data?
  • NC
    Nicolas C.
    18 October 2020 @ 09:17
    Thank you, very useful video. Would be great to have a video/series just on inflation, different definitions/ ways of calculating it etc
  • KK
    Kenneth K.
    18 October 2020 @ 09:03
    This is awesome, would love to see more on this! Is not easy breaking it down and certainly most do not have the ability to explain and simplify economic jargons and the complex mechanisms behind. Thanks heaps Roger, learnt a lot today.
  • HS
    Harrison S.
    18 October 2020 @ 06:06
    Please continue doing more of these. Raoul and Julian's videos are so jam-packed with valuable knowledge and information that they need extra unpacking, explaining, and digesting. This is the type of content universities should be exposing their students to.
  • jw
    jarkko w.
    18 October 2020 @ 06:06
    Very very informative, adds lot of value to Pro-subscription which Im currently testing out. If Pro account content is going to add this much value to my investing/trading, I have to make yearly subscription, We will see, keep up the good work !
  • VM
    Veliko M.
    18 October 2020 @ 02:35
    On point! Thank you Real Vision for listening to your subscriber base.
  • YY
    Yin Y.
    18 October 2020 @ 02:31
    Very helpful briefing by Roger!
  • BM
    Biju M.
    18 October 2020 @ 02:20
    Thanks Professor! You nailed the real yield conundrum for me with that one chart. Could you please explain how and what the spike in real yield impact the bond and risk assets?
  • OT
    Omar T.
    17 October 2020 @ 23:38
    Thanks and please add more value like this for pro membership. Also please talk about effect of yield curve control on other debt asset classes like muni bonds and Corp debt. Thanks!
  • SH
    Susan H.
    17 October 2020 @ 22:51
    Great explanation of yield curve control, that was on my list of things to research so I appreciate this educational video!
  • MS
    Mark S.
    17 October 2020 @ 22:37
    Roger, some of these topics I knew BUT I greatly appreciate you going over these and other topics. Please continue to do videos like this. Well done.
    • MS
      Mark S.
      17 October 2020 @ 22:42
      I should add what I would like is an explanation of the different tools the fed has and how funds move about. So for ex Fed vs Big Banks vs Home Lone and IOER . There are no good Youtube videos on this. If you do this, please use flowcharts as I and many others are visual learners. thanks again
  • MM
    Matthew M.
    17 October 2020 @ 18:18
    Very informative 🔥
  • DT
    Drain T.
    17 October 2020 @ 18:16
    Nice touch
  • SC
    Shane C.
    17 October 2020 @ 17:27
    Thanks Roger, very helpful
  • NH
    Nathan H.
    17 October 2020 @ 16:50
    Thanks for that Roger that was great. These educational videos are extremely valuable to me. I would love to see more of them. In fact some type of Real Vision university would be awesome and I would be all over that. One thing I thought Roger could mention is that Bitcoin is the opposite to government Crypto in terms of control.
  • GM
    Guillermo M.
    17 October 2020 @ 16:29
    Brilliant idea! Roger is a fantastic "explainer".
  • JJ
    JARED J.
    17 October 2020 @ 15:52
    This was fantastic. Thank you to Roger and the RV team for doing this.
  • SG
    Sven G.
    17 October 2020 @ 14:01
    QE and yield curve control, exactly what I needed. Great stuff.
  • jG
    james G.
    17 October 2020 @ 13:47
    thank you
  • RM
    Richard M.
    17 October 2020 @ 13:18
    This is a FANTASTIC new addition to the Insider Talks area. Roger really helps one to understand and put together the various incredibly fascinating topics Raoul and Julian breeze through in their most excellent Insider Talks discussions. Roger's clear explanations and the weaving together of the topics really aids in cementing in your mind what is really important about the areas covered by R and J. Looking forward to future "Explainers". Thanks a ton Roger!!!
  • JG
    Joe G.
    17 October 2020 @ 12:32
    Great work RV! Loving the education-oriented materials. Keep it up. Thanks.
  • AH
    Allan H.
    17 October 2020 @ 12:29
    Very good and delighted that it is for the pro tier. Significance of Fed swap lines would be helpful.
  • TE
    Tom E.
    17 October 2020 @ 10:44
    Such a great communicator. Thanks Roger, definitely a very helpful addition to the RV content.
  • AT
    Alun T.
    17 October 2020 @ 09:25
    Roger always great value for money. Thank you, great explainer. I found this very useful. I would certainly love this as a regular feature.
  • OF
    Ofer F.
    17 October 2020 @ 06:14
    Very important explanation. You make complicated terms easy to understand. Thank you.