The Trade War Trade

Published on
June 10th, 2019
Duration
15 minutes

The Trade War Trade

Trade Ideas ·
Featuring Jens Nordvig

Published on: June 10th, 2019 • Duration: 15 minutes

Jens Nordvig, founder and CEO of Exante Data, returns to Real Vision to break down the multiple trade wars on the horizon, and to explain how investors should position themselves in the current environment. He examines the economic impact of the U.S. fighting two trade wars at once, suggests potential outcomes for the trade tiff with Mexico, and highlights the Japanese yen as a vehicle to play a potentially weaker U.S. dollar, in this interview with Justine Underhill. Filmed on June 7, 2019.

Comments

Transcript

  • SH
    Stephen H.
    13 June 2019 @ 02:37
    Always interesting listening to a strategist such as Jens. Never a right or wrong, most it's about adding context to your own perspective.
    • SH
      Stephen H.
      13 June 2019 @ 02:39
      A shame the timing of the interview and publication was off though.
  • IF
    Ian F.
    12 June 2019 @ 20:12
    Why are we listening to a trader talk about global trade policy? Traders/money managers generally don't have a fucking clue how the real economy will respond to something like this (and generally don't have a fucking clue how the real economy works anyhow). Find someone actually operating and competing in this environment for the actual story. Hint, they are fucking ecstatic. Quite frankly traders also don't have a fucking clue how asset markets will respond to these policies either. As can be seen by the doom and gloom, yet equity markets are nearing all time highs again. So why listen to these monkeys?
  • LR
    Luiz R.
    11 June 2019 @ 20:47
    Nice interview! Please, bring Mr. Nordvig more times in RV.
  • DS
    David S.
    10 June 2019 @ 19:30
    Rolling US tariffs will be the norm at least until the election. The administration believes that tariffs are protecting American workers, forcing companies to manufacture in the US, provide protection for US corporations while tariff revenues help the US treasury accounts (an actual border tax) and a winning campaign ticket for 2020 - America First. Many of the jobs will go to robots - good for corporations, bad for employees -, but that will not be manifest before the election. The only one that can make money in this environment will be someone who knows what the next tweet will be. Short before the announcement and long with the mission accomplished tweet. To make money in the FX market, you will need to be correct and quick. The Yen may rise, but a tariff on Japanese cars or car parts will change the FX markets in one day. The Euro market the same way. The Fed cannot really help as it is not a monetary issue. The US consumer will pay more for imported products at the same time state and local taxes are rising. DLS
  • lD
    lance D.
    10 June 2019 @ 16:38
    good stuff that .thanks
  • BJ
    Brian J.
    10 June 2019 @ 09:48
    I dunno why these trade Ideas keep dragging out longer and longer. Lets keep them to 5min with more trade ideas and less talk about crap. If they want to talk put them on one of the other 30 min shows
    • lD
      lance D.
      10 June 2019 @ 16:37
      Sshhhhhhhhhhh. OMG whats the matter with you - if the footage is to long for you then just stop watching halfway through
    • DS
      David S.
      10 June 2019 @ 18:40
      Plenty of five-minutes trade ideas on regular tv. DLS
    • CR
      Cristian R.
      10 June 2019 @ 23:47
      Just skip to the end if you just want a tip, we're here for the reasoning.
    • DR
      David R.
      11 June 2019 @ 14:28
      You can playback at 2X speed and omit the final 2-min recap. That's gets it done in 6-min. Or skim the transcript in 1-2 mins. I like the transcripts for the 30-90 mins stuff because I assimilate text faster and better than video. Unless there's a chart. Tho sometimes they reproduce the charts in the text too, especially in thinktank.
    • BJ
      Brian J.
      12 June 2019 @ 08:49
      Lance D. Your obviously not a trader and got too much time on your hands