Macro Investor Merk Talks China and Changing Risk Sentiment

Featuring Axel Merk

Global macro investor Axel Merk, President and CIO of Merk Investments, returns to Real Vision TV to outline some of the big themes on his radar and the challenges of portfolio construction amid changing risk sentiment. Drilling down on his investment process, with a comprehensive view on foreign exchange markets, Axel also addresses the reasons behind his recently changed view on China.

Published on
5 December, 2016
Topic
Portfolio Management, US Dollar, China
Duration
42 minutes
Asset class
Bonds/Rates/Credit, Equities, Currencies, Commodities
Rating
70

Comments

  • NH

    Neil H.

    27 12 2016 20:38

    1       0

    why put someone on real vision with negative returns for 3 and 5 years in an area such as currency where he is portrayed as an expert.

  • ST

    SAHIL T.

    15 12 2016 14:38

    0       0

    This was excellent. Yes, a lot of topics were discussed, and there was quite a bit of jumping around, but that's OK. The framework for thinking about the dollar especially insightful.

  • JC

    John C.

    8 12 2016 20:49

    0       0

    thought it was ok and learned a little bit from him. Would have liked to hear more on gold, currencies and his dollar stance than he provided but all in all a pretty good video, if a bit broad

  • CL

    Charles L.

    6 12 2016 21:04

    4       1

    I feel Victor S. is right: "What is not working [...] you do something, and you hear something in the news, and it's 'Oh my God, I'm wrong, I'm gonna do this' cause then you're bound to loose, be late, always loose money type of thing." THIS is just is not the kind of analysis I expect from RVTV. This guy is all about vagueness and placeholders. "We try to look at changing risk sentiment. And as risk sentiment is changing around the world, and in the currency space you can do that quite nicely with, for example, implied volatility as priced in the options market flaring up. You can devise an investment strategy on that." How can you be more muzzy than that? And to enter this with "The strategic position [...] requires much more of a systematic, quantitative approach." I wish, he had given some numbers... you know, quantitative.

  • RP

    Raoul P.

    6 12 2016 13:35

    3       0

    Nice job Brent!

  • VS

    Victor S.

    6 12 2016 13:03

    4       5

    Sadly this man said NOTHING ABOUT HIS VIEWS AND WHY OF PREDICTING THE FUTURE? WHAT HE SAID WAS 5 DIFFERNT WAYS TO HEDGE "SOMETHING" . FOR ME I UNDERSTOOD THIS IN 1968! LIKE LISTENING TO A COLLEGE PROFESSOR...

  • KD

    Kevin D.

    6 12 2016 11:22

    3       1

    Surprised by the number of negative reviews. I thought this was one of best I have seen to date on RV. Growth is being suppressed by manipulated interest rates that keep inefficient businesses alive. Others have said it on RV but Axel was most succinct. Interesting that I also loved Santiago's Stepping into Liquid.

  • T~

    Tshort63 ~.

    6 12 2016 04:32

    2       0

    Here is his view as of 11/16
    http://www.merkinvestments.com/insights/2016/2016-11-16.php

  • T~

    Tshort63 ~.

    6 12 2016 04:29

    0       0

    Interesting interview, good give and take. Helpful discussion about correlation and certainty not always proving out.

  • CA

    Craig A.

    6 12 2016 04:20

    0       2

    Good interview though wasnt extrordinary. Made lots of nice points and agreed with his perspective of the markets

  • BJ

    Brent J.

    6 12 2016 03:35

    3       0

    Dang RA...nothing like calling out a guys love for his love of ice cream in a public forum...! Enjoyed speaking with Axel. Great guy.

  • GG

    Gerald G.

    5 12 2016 18:51

    11       2

    Wish Axel would have given his perspective on gold.