Macro: Facts Matter – Live with Naufal Sanaullah

Published on
July 2nd, 2020
Duration
63 minutes

Up or Down? Establishing Directional Bias – Live with Mark Ritchie II


Macro: Facts Matter – Live with Naufal Sanaullah

Live ·
Featuring Naufal Sanaullah

Published on: July 2nd, 2020 • Duration: 63 minutes

In the world of asset allocation, there is one rule that trumps all: always make decisions in accordance with facts and evidence as they become available. In other words, markets are not static, and so you must continuously study developments in order to achieve the only goal that exists in financial markets - profit. In this segment of Real Vision Live, Max Wiethe sits down with Naufal Sanaullah, chief macro strategist at EIA All Weather Alpha Partners, to understand the seemingly interminable list of factors that contribute to the formulation of an investment thesis. Additionally, Sanaullah will provide viewers with an update on his shift from bullish to bearish and why he believes markets are at a turning point.

Comments

Transcript

  • RP
    Richard P.
    6 July 2020 @ 18:52
    Loved that. Great job both parties
  • DS
    David S.
    6 July 2020 @ 01:58
    Really good interview. I watched twice. DLS
    • MW
      Max W. | Real Vision
      6 July 2020 @ 15:26
      Thanks DLS. We hold your perspective in high esteem here. Hopefully (through my own hard work) this won't be the last time I get the DLS seal of approval. MRW
  • SL
    Stuart L.
    5 July 2020 @ 15:41
    Great interview and discussion. If Naufal's thesis plays out and we have a "risk-off" market reaction, I suspect the US$ will start to rise. I would be interested in his views about the US$ as the US election approaches and into the end of 2020. Thanks
  • RB
    Robert B.
    3 July 2020 @ 15:01
    I'm a huge fan of Naufal - really enjoyed his previous talk and this one was fantastic too. I really appreciate his flexibility in his views on the market and how he pivots based on incoming alternative data and his macro outlook. Please get him back on RV as much as possible!
    • CJ
      Christopher J.
      5 July 2020 @ 07:54
      agree but also Max a great interviewer - he didnt interupt and let Naufal speak - also liked the crisp set up of his “studio”
  • AR
    Anik R.
    4 July 2020 @ 23:56
    Pretty much every sentence of this interview provided some insight about the market!
  • WA
    Wissam A.
    4 July 2020 @ 15:38
    Great job RV for interviewing Naufal and Mark Ritchie that have two opposing views that are well thought with presenting evidence for the bear and bull case.
  • AA
    Aymman A.
    4 July 2020 @ 11:30
    Great analysis. Has facts whether you agree or not. Excellent
  • MS
    Michiel S.
    4 July 2020 @ 09:08
    Hi Naufal and Max, great interview largely backing the RV thesis of the consequences for the economy and following insolvencies. @Naufal: What are you're indicators telling you Friday night July 3rd and can you share these indicatprs with us on Monday July 6th as my feeling is we are in for a down draft now. Thanks Michiel
  • DR
    Derrick R.
    3 July 2020 @ 23:29
    Bear porn so good it needs a date of birth drop down to allow content
  • DB
    Donna B.
    3 July 2020 @ 17:59
    Excellent analysis beyond the headline indicators. This is why I subscribe to Real Vision, to get the real story.
  • KH
    Kavi H.
    3 July 2020 @ 09:14
    Great Interview....Thanks!. Would have been good to touch on some of the data which may counter the bear naritive and perhaps just an explanation why that data may not be relevant in predicting the short term outlook (E.g. the AAI Investor Sentiment Survey being so Negative Still).
    • MW
      Max W. | Real Vision
      3 July 2020 @ 14:18
      We did touch on conflicting jobs data that came out yesterday but we lost that section due to the technical difficulties. The survey period for the "stellar" jobs report only covered the first 2 weeks of June and thus didn't capture the downturns that he saw from alternative flash data which started in the second half of June in almost every source we discussed.
  • RP
    Raoul P. | Founder
    3 July 2020 @ 11:31
    Really good! And agrees a lot with my views at this juncture.,,,
  • AH
    Ali H.
    3 July 2020 @ 03:37
    Excellent interview
  • MW
    Max W. | Real Vision
    2 July 2020 @ 22:55
    Hi folks, we had some technical difficulties today but Naufal was super understanding and recorded an hour of great content even with market close bearing down us. Sorry we couldn’t get to any questions from the audience.
    • AA
      Adam A.
      3 July 2020 @ 01:05
      Naufal is one of my favorites. I like the way he thinks and weaves a data-based analysis with perception of market behaviors. I hope you continue to come back to him periodically.
    • DR
      Derrick R.
      3 July 2020 @ 01:27
      I’m halfway through it now.. awesome conversation so far!