This Brian Price guys schmaltzy false sincerity is difficult to deal with. Hopefully we'll be see less of him

Nice piece. Someone made this suggestion recently. Track the P&L of your regular contributors based on their trades pitched on Trade Ideas. Objective and allows us to evaluate contributors based on the merits of their track record.

Even with having a significant loss on his Canopy trade I remain a TG fan. He comes with well thought out ideas and clearly is a “stand up guy” having come on to revisit his trade which made it into the Pantheon of worst RV trades. I loved the way Brian handled the trophy for “worst trade of the year” by throwing it into the wall. You know...we all must keep that RV disclaimer in mind—Guests that have been carefully curated by Milton give us their best ideas including facts and assumptions to support them, with each of us doing our own due diligence and determining whether/if to take a position and size it to our risk profile. I’ll listen to anything TG has to say as I’m sure, just like all the other RV guests, he wants very much to do right by us.

I do not buy the rate hike as the driver. One year ago today the 10 year trades where it does today. This rate dropped from 3.25 after hikes. Rate hikes is an excuse. Europe and Japan with almost flat 10 year yields have had crashing markets for 12+ months on lower growth. Surrender on rates causing this - they are still at 5000 year lows.

I like the interview..good ideas, well presented. However, as mentioned too many times now, if it doesn't have a specific trade entry level, target price, stop loss, timeframe, catalyst, and risk to the trade format, put it in another section which is big picture opinions/talk...the "trade section" should have the aforementioned elements to make these specific and actionable (and measurable as one prior commentator mentioned). This is not rocket science...just mention this to interviewer and speaker of this requirement (or just put in another section). Hope I don't have to keep requesting this without any action being taken.

Two or Three rate hikes and the real estate market is SHUT DOWN crash

Excellent, 10/10

Interesting interview. One theme that would interest me is the current insider buying and selling activity. Buying hit an 8 year high recently and it would be great to get an interview with somebody who has a good read into this data, also from a historc perspective. Thx.

We are already in recession...just waiting for 4Q18 GDP confirmation to show the new trend down. GDP won't necessarily be negative, but the inflection point is behind us.

I want to go to your Xmas party Tony.

Another dollar permbull? The "strong dollar" is farcical as at the end of December the DXY sits at a feeble 95 in a clear bearish pattern, compared to 104 two Decembers ago and FAILURE to even challenge, much less close, above the key 99-100 zone at a minimum to temper the long-term bearish look of the buck. The dollar recovery (failed) of 2018 was choppy with overlapping waves on the chart and never got past the 618 fibonacci to qualify as anymore than a bear market rally which should end soon, if it hasn't already, followed by a huge dollar swoon. USD and US risk assets should be underweight or avoided. Sell the rally.

Search the transcript and see many instances of "I think" without one single technical chart or other piece of objective evidence. So this seems to be just unsubstantiated personal opinion. Like going to the doctor and being told "I think" without having a single objective test. So better get a second opinion.

Tony, great job on providing such a succinct overview of so many topics! Would love it if RV took the multiple topics you addressed and had multiple, follow-up, mini-videos where each sub-topic was covered in greater detail. These kind of overview interviews are needed to see the big picture and how the different market movements impact each other. RV, would you please consider conducting similar macro-focused interviews with others, but include follow-up (similar to a TV mini-series) episodes, where the interviewees have a chance to spend time dissecting their aggregate macro views, such as the ones that Tony provided in this interview, into _examples_ of possible trade opportunities or their _expectations_ of potential trade opportunities that would support their macro view, but at the sub-topic or more micro level? And RV, even if the aforementioned request cannot be a consideration for short-term goals, please keep doing what you are doing, as y'all are doing a great job! Regards, John K.

whether you agree or disagree with Tony, his concepts are well thought out and he articulated them very well.

Where does the Dow go? DXD?

With all the negative comments Tony looks optimistic with an expected low of 2300 in the S&P index. One major point not discussed is 2019 earnings. Everyone is spending a lot of money to disrupt everyone else basically on price while wages are rising. In addition, the asset inflation in stock and property prices caused by all the QEs is not out of the market. The rich will be hit in the stock and home markets. As the S&P continues to fall, more and more passive investors will sell stock positions with a push of the button. Volatility will fuel the selling. At least stock buybacks will not be at such inflated P/Es. No one can quantify all these market movers, but if the 2019 low is 2300, I will be surprised. DLS

Lots of info and fair play to Tony for accepting the "worst trade of 2018 " award when there were so many other strong candidates .

The latest 4-wk T-Bills auction was at 2.4%.

Good summary