The Epic Rally: A Mirage? - Live with Teddy Vallee & Raoul Pal
Six months ago, when COVID-19 first made its debut on the global stage, market participants were forced to take a step back as countries around the world shutdown. Not surprisingly, fear over how things would play out enveloped markets and sent them crashing. As we all know, that phase was short lived, and today, the opposite is true. Hope has taken over and equities have staged a spectacular comeback — one that perhaps not even the biggest optimists could have predicted. It could be argued, however, that there is more uncertainty now than there was back then. As fiscal and monetary policies lift risk assets, one has to wonder whether this rally is the real thing or if it is a mirage of sorts. To this end, Teddy Vallee, founder & CIO of Pervalle Global, will be sitting down with Real Vision CEO, Raoul Pal, in this segment of Real Vision Live where they’ll explore the equity markets, what the macro indicators are signaling, and which assets could stand to benefit from a loss of hope.