Real Vision: Finance & Investing

Raoul Pal, co-founder and CEO of Real Vision, joins Maggie Lake to break down the interviews from the second week of our Crash or Boom series. Then he addresses questions from the viewers. To learn more about Crash or Boom? How to Profit From What's Coming, go to http://realvision.com/crashorboom. We're offering new members a special 1-month Essential membership for just $20.14 so you don't miss it. It's that important. Learn more about your ad choices. Visit podcastchoices.com/adchoices

U.S. 10-Year Treasury yields hit 16-year highs a day after the Fed’s decision to hold interest rates unchanged. Darius Dale, founder and CEO of 42 Macro, joins Ash Bennington to analyze the market action following the Fed’s decision to pause rate hikes. With the VIX spiking and yields surging, will equities continue to suffer?To learn more about our new series, Crash or Boom? How to Profit From What's Coming, go to http://realvision.com/crashorboom. We're offering new members a special 1-month Essential membership for just $20.14 so you don't miss it. It's that important. Learn more about your ad choices. Visit podcastchoices.com/adchoices

The Fed has chosen to keep rates steady, but what does that mean for markets and the economy as a whole? he FOMC has announced its decision, and rates remain unchanged for September. Does this mean rate hikes have reached their peak for this cycle? What does that mean for markets and the economy going forward? Michael Howell, CEO of CrossBorder Capital, joins Andreas Steno Larsen to delve into the decision and explore its potential repercussions. To learn more about our new series, Crash or Boom? How to Profit From What's Coming, go to http://realvision.com/crashorboom. We're offering new members a special 1-month Essential membership for just $20.14 so you don't miss it. It's that important. Learn more about your ad choices. Visit podcastchoices.com/adchoices

As yields and oil prices climb, will the Fed hike rates or hold steady? With equities falling and yields rising, Tony Greer, editor of The Morning Navigator, joins Ash Bennington to discuss the price action ahead of tomorrow's pivotal FOMC interest rate decision.To learn more about our new series, Crash or Boom? How to Profit From What's Coming, go to http://realvision.com/crashorboom. We're offering new members a special 1-month Essential membership for just $20.14 so you don't miss it. It's that important. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Equities and bonds make modest moves as crude oil hits its highest levels since last November. With the September FOMC meeting coming up on Wednesday, Jim Bianco, president of Bianco Research, joins Ash Bennington to discuss how energy prices surging to yearly highs impacts decision-making from central banks around the globe. Learn more about your ad choices. Visit podcastchoices.com/adchoices

🔥 THE NEW REAL VISION - Join for only $20,14 https://rvtv.io/3sIJviO Now that the Jackson Hole Economic Symposium has concluded, Real Vision’s Andreas Steno Larsen brings together Danielle DiMartino Booth, CEO and chief strategist of QI Research, and Dennis Lockhart, former president of the Federal Reserve Bank of Atlanta. They discuss the expected path of central bank policy and offer their macroeconomic perspectives for the upcoming months. Learn more about your ad choices. Visit podcastchoices.com/adchoices

AI in cars, VTubers, virtual dating, and more. In Real Vision’s ongoing Crash or Boom series, Ash Bennington and Mikhail Voloshin investigate the recent revival of AI after a lengthy phase referred to as “AI winter.” They gauge the power of contemporary chatbots with a look at AI implementations in Mercedes-Benz automobiles, elder care, and VTubers (virtual YouTubers). Finally, they wrap up the discussion by exploring AI’s impact on the world of virtual dating. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Raoul Pal, co-founder and CEO of Real Vision, joins Maggie Lake for this extended show to break down the interviews from the first week of our Crash or Boom series. Then he addresses questions from the viewers. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Resilient economic data and IPO enthusiasm send stocks higher for the day. Peter Boockvar, CIO of Bleakley Financial Group and editor of The Boock Report, joins Maggie Lake for a look at the market response to this week’s economic data. They’ll discuss everything from CPI and PPI to retail sales and explore whether there are subtle nuances being missed by these initial moves. Learn more about your ad choices. Visit podcastchoices.com/adchoices

🔥 THE NEW REAL VISION - Join for only $20,14 https://rvtv.io/3PwLpw2 Tom Thornton, founder of Hedge Fund Telemetry, sits down with Maggie Lake to dissect today’s slightly hotter-than-expected CPI report. Plus, Tom will share why he's bullish on energy, worried about U.S. Treasury bond issuance, and what he thinks about Tesla’s recent upgrade and rebound.You can find more of Tom's work here: http://hedgefundtelemetry.com Learn more about your ad choices. Visit podcastchoices.com/adchoices

🔥 THE NEW REAL VISION - Join for only $20,14 https://rvtv.io/3PwLpw2 Real Vision’s Maggie Lake welcomes Shehzad Qazi, managing director and COO at China Beige Book International, to look at the state of the Chinese economy, the health of its property sector, U.S-China relations, and the global ripple effects that China exerts. Learn more about your ad choices. Visit podcastchoices.com/adchoices

🔥 THE NEW REAL VISION - Join for only $20,14 https://rvtv.io/3sIJviO Maggie Lake is joined by Andy Constan, CEO of Damped Spring Advisors, to discuss his perspective on the global macro landscape. They delve into where he believes rates, bond issuance, and asset prices are headed next — and what it means for broader markets. You can find more of Andy’s work here: https://dampedspring.com Learn more about your ad choices. Visit podcastchoices.com/adchoices

Last year, Alpine Macro's chief global strategist Chen Zhao shared his global macro views with us, highlighting his optimism for the US economy and questioning Xi's policies for China. Reuniting with Clocktower Group’s chief strategist, Marko Papic, the pair will delve into China's possible implosion, the unexpected strength of the US economy, their outlook for markets, and the Ukrainian situation. To watch Marko and Chen’s conversation last year, please follow this link: https://www.realvision.com/shows/the-essential-conversation/videos/heres-what-you-wont-read-in-the-ft-xL8X Learn more about your ad choices. Visit podcastchoices.com/adchoices

JOIN the New Real Vision http://www.realvision.com/pricingNavigate the ever-evolving landscape of artificial intelligence as we examine its role in journalism, the art of sermon writing, financial advisories, and more. From Gannett newspapers leveraging AI for sports news to the controversial use of AI in religious sermons, this episode sheds light on the cutting-edge implications and challenges of AI integration in today’s world. We also touch on the intriguing interplay between technology and traditional job roles, offering a fresh perspective on the AI-driven future. Join us for a stimulating discourse and stay ahead in the AI conversation. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Jeremy Schwartz, global CIO at WisdomTree Asset Management, joins Maggie Lake to break down the recent price action in mega cap tech, China-U.S. relations after China's recent ban on the iPhone, and the factors influencing September's interest rate decision.You can find more of Jeremy's work here: https://t.co/7r8WAngKUp Learn more about your ad choices. Visit podcastchoices.com/adchoices

Tavi Costa, portfolio manager at Crescat Capital, joins Maggie Lake to discuss his views on the U.S. debt deficit, the forces influencing Treasury yields and September's rate decision, why the Fed is backed into a corner, and the setup for precious metals.You can find more of Tavi's work here: www.crescat.net Learn more about your ad choices. Visit podcastchoices.com/adchoices

🔥 JOIN the New Real Vision http://www.realvision.com/pricing Paul Hodges, author of The pH Report and chairman of New Normal Consulting, joins Maggie Lake to discuss the current inflation outlook, how the geopolitical landscape is driving energy and food prices, and how today's ISM services data could impact the Federal Reserve's September interest rate decision.Plus in the second half, Paul will share his outlook on China and emerging markets.You can find more of Paul's work here: https://t.co/d5mkV0QuBb Learn more about your ad choices. Visit podcastchoices.com/adchoices

🔥 JOIN the New Real Vision http://www.realvision.com/pricing Darius Dale, founder of 42 Macro, sits down with Maggie Lake to explore the latest market moves, what further oil supply cuts mean for the broader energy sector, and how the latest jobs data could shift the Federal Reserve's decision-making. You can find more of Darius' work here: https://t.co/HbJL5Tpvyq Learn more about your ad choices. Visit podcastchoices.com/adchoices

🔥 JOIN the New Real Vision http://www.realvision.com/pricing Andreas Steno Larsen is joined by investment analyst and economic writer Mike “Mish” Shedlock of MishTalk to discuss whether the Fed will reach its 2% inflation target and what obstacles stand in its way. They also dig into the U.S. Treasury's recent credit downgrade, the health of the bond market, and more. Learn more about your ad choices. Visit podcastchoices.com/adchoices

How do we think about the business cycle in a world of abundance? Investment and finance expert, Jordi Visser, president and CIO of Weiss Multi-Strategy Advisers, welcomes tech visionary, Sultan Meghji, CEO and co-founder of Frontier Foundry, to discuss whether talk of recession and inflation will soon be markers of a bygone era. According to Sultan, AI and emerging exponential technologies such as fusion, protein folding, and LK99 have transformative properties that will change the way the global economy — and human life — functions. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Dive deep into the transformative world of AI in this compelling episode. Unravel the controversies surrounding Tesla's self-driving lawsuits and discover groundbreaking insights into how DoorDash is leveraging AI for a futuristic food delivery experience. From the intricacies of OpenAI's Chat GPT & its enterprise implications to the fascinating intersection of Chomsky's linguistic theories and AI's language processing, we traverse the landscape of modern AI applications and debates. Plus, the legal intricacies of 'Wugs' and their relevance in today's tech-savvy world are laid bare. Join Ash Bennington and Mikhail Voloshin as they shed light on AI's monumental role in our future. Subscribe for more insights on AI's impact on our economy, job market, and daily lives. CHAPTERS 00:08.55 - Introduction with Ash Bennington 01:11.383 - Tesla lawsuit: Driver fatalities '19 03:58.751 - Data: Self-driving vs. Human drivers 06:53.707 - Ethics: Self-driving & the trolley issue 13:16 - DoorDash and AI's role 13:41 - AI's impact on food delivery jobs 20:15 - AI implications in job market 21:00 - AI's impact on future economy 22:18 - Intro to Chat GPT & OpenAI Enterprise 24:11.345 - ChatGPT Enterprise features & benefits 27:59.631 - Future of GPT & Competitions 31:11.238 - Why discuss Wugs? 32:38.247 - Wugs: Legal Controversy 34:56.53 - Chomsky theories & AI's language process 39:38.89 - Ash's closing thoughts Learn more about your ad choices. Visit podcastchoices.com/adchoices

Noelle Acheson, editor of the Crypto is Now Macro newsletter, joins Ash Bennington to discuss the wide range of jobs data this week, how employment could influence the Fed's outlook for the rest of the year, and what impacts this will have on crypto after a significant legal victory for Grayscale's BTC ETF. You can find more of Noelle's work here:https://noelleacheson.substack.com Learn more about your ad choices. Visit podcastchoices.com/adchoices

Warren Pies, founder of 3Fourteen Research, joins Ash Bennington to discuss the price action we’ve seen following some softening economic data, what specific data points he is monitoring to frame his outlook, and the driving forces that investors need to watch in the energy sector. You can find more of Warren's work here: https://t.co/vM9jt9PPQe Learn more about your ad choices. Visit podcastchoices.com/adchoices

Jesse Felder, founder of Felder Investment Research, joins Ash Bennington to discuss his outlook on the Federal Reserve and its policies, the impacts of rapidly rising rates on the broader market, and why he believes the U.S. equity market is severely mispriced. You can find more of Jesse's work here: https://t.co/bvf4IL8Oha Learn more about your ad choices. Visit podcastchoices.com/adchoices

Tony Greer, editor of The Morning Navigator, joins Maggie Lake to discuss a potential breakout in the tech sector, the factors driving price in commodites, and how he is positioning his portfolio at the moment. You can find more of Tony's work here: https://t.co/IuOqbaQY1a Learn more about your ad choices. Visit podcastchoices.com/adchoices

Geo Chen, author of the Fidenza Macro blog, joins Maggie Lake to address the troubling economic situation emerging in China, discuss which global indicators have him most concerned, and explore the potential ripple effects of China's exporting deflation. You can find more of Geo's work here: https://fidenza.substack.com/archive Learn more about your ad choices. Visit podcastchoices.com/adchoices

Kevin Muir, author of The MacroTourist newsletter, sees a future with much higher than average, volatile inflation. Alongside Tony Greer of TG Macro and The Morning Navigator, Kevin explores how this threatens the long-standing negative correlation between stocks and bonds and how this profoundly impacts portfolio construction. Kevin Muir kindly shared 5 of his paywalled articles exclusively for RV members. Find them here: https://tinyurl.com/msnhewp9 Learn more about your ad choices. Visit podcastchoices.com/adchoices

Dive into the inaugural episode of "AI Fire Hose" with hosts Ash Bennington and Mikhail Voloshin. This podcast sets the stage for a captivating exploration of the state and potential of artificial intelligence. With the combined expertise of journalist Ash and AI maven Mikhail, this episode promises to provide a nuanced conversation on AI's current landscape and its trajectory for the coming decade. From breakthroughs in deep learning to the real-world integration of AI tools, our hosts dissect the most recent developments and speculate on the ripple effects across industries, economies, and societies. This deep dive is not just about the technology but also its ethical, economic, and societal implications. Whether you're an AI aficionado, a tech professional, or just curious about the innovations defining our times, this episode is your gateway to understanding the force that is AI. CHAPTERS: (00:00) Intro to "AI Fire Hose" (00:30) Ash & Mikhail's backgrounds (01:33) Guest: Mikhail's cat (02:10) Mention of "Dopamine" novel (02:40) Podcast's origin story (03:02) AI: hype vs reality (03:59) Brain-computer interfaces intro (04:34) Unbabel device spotlight (05:11) Understanding EMG (06:48) How Unbabel device works (08:02) Predictive algo & LLM (08:59) Hawking & ALS tech (10:12) Unbabel's future (10:49) Another brain-tech intro (11:20) UCSF research & patient (11:56) Brain signals for speech (12:28) AI & sci-fi movie refs (13:03) AI's role in speech synthesis (13:36) Tech's impact on speech issues (14:10) OpenAI & tech market topic (14:41) OpenAI's 2022 losses (15:12) OpenAI's AGI mission (15:49) OpenAI's expenses (16:27) OpenAI's revenue streams (16:58) OpenAI's hiring & salaries (17:35) Machine learning market trends (18:11) OpenAI infrastructure costs (18:45) NVIDIA in tech market (19:22) Neural network deep dive (19:55) Why "neural network"? (21:08) Evolution of neural nets (21:38) AI & copyright in arts (22:10) AI content's copyright status (22:42) AI & human content collab (24:17) Spell checks & copyrights (24:45) Grammarly & AI copyrights (25:12) Article source & bias (25:38) Legalities & tech advances (26:18) AI in coding & CodeLama (27:23) GPT history & code gen (29:06) Naming tech tools (30:10) AI in Dev Environments (30:48) Advice to young engineers (33:02) End discussion insights (33:28) Tech market vs hype (35:07) Show's closing remarks Learn more about your ad choices. Visit podcastchoices.com/adchoices

The Daily Dirtnap editor Jared Dillian sits down with Maggie Lake to discuss the price action post-NVDA earnings, his takeaways after Powell spoke at Jackson Hole, and what he is expecting to happen in the bond market. You can find more of Jared's work here: https://t.co/G7ZK0pEnK2 Learn more about your ad choices. Visit podcastchoices.com/adchoices

Grab a drink and join Raoul as he answers audience questions to help educate and navigate you through this very confusing economic environment. Plus, you may even learn a little something about wine...! Learn more about your ad choices. Visit podcastchoices.com/adchoices

President of Spectra Markets, Brent Donnelly, sits down with Maggie Lake to discuss Nvidia's earnings, explore the economic data that may have the U.S. see a slower Q4, and his outlook for China's economy. You can find more of Brent's work here: https://t.co/uhDIKridTE Learn more about your ad choices. Visit podcastchoices.com/adchoices

Darius Dale, founder and CEO of 42 Macro, joins Maggie Lake to discuss what to expect from Fed Chair Jerome Powell’s speech at Jackson Hole on Friday, why one major tech stock has much broader market implications, and how Darius is navigating these volatile market conditions. You can find more of Darius' work here: https://42macro.com Learn more about your ad choices. Visit podcastchoices.com/adchoices

🔥 THE NEW REAL VISION - join the waitlist https://www.realvision.com/waitlist Imran Lakha, founder of Options Insight, joins Ash Bennington to discuss the recent surge in market volatility and what to expect from central banks as the Fed prepares to meet in Jackson Hole. Plus, Imran will share his perspective on what Nvidia's earnings release will mean for the technology sector and the broader market. You can find Imran's Options Academy course here: https://rvtv.io/41Wtu63 And find more of Imran's Trade ideas here: https://www.options-insight.com Learn more about your ad choices. Visit podcastchoices.com/adchoices

🔥 THE NEW REAL VISION - join the waitlist https://www.realvision.com/waitlist Dealing with danger, tragedy, or failure can often cloud our future, making it nearly impossible to predict where the path may lead. The same can apply to life’s highest points. Sa’ad Shah, managing partner and co-founder of Noetic Fund, joins Maggie Lake to share how his life experiences and career journey, both joyous and painful, have brought him to where he is today. Learn more about your ad choices. Visit podcastchoices.com/adchoices

🔥 THE NEW REAL VISION - join the waitlist https://www.realvision.com/waitlist Oil and copper have seen significant upward movement in the last couple of months. This recent price action — coupled with widening energy crack spreads, a weakening U.S. dollar, and renewed optimism for the Chinese economy — could be a signal of new bull market cycle in commodities. Andreas Steno is joined by the internet’s favorite green chicken, Doomberg, to explore whether the current macro and geopolitical picture favors more upside in commodities — and what that means for the rest of the global economy. Learn more about your ad choices. Visit podcastchoices.com/adchoices

🔥 THE NEW REAL VISION - join the waitlist https://www.realvision.com/waitlist David Mattin, founder of the New World Same Humans newsletter, joins Maggie Lake to discuss the AI and super-computing power race between the U.S. and China, its impact on chip manufacturing, and what happens when two AI leaders come together. You can find more of David's work here: https://t.co/XXK68Vk9L9 Learn more about your ad choices. Visit podcastchoices.com/adchoices

​🔥 For MarketGauge Trading Strategies with Mish, there’s a 20% discount exclusively for the Real Vision community at https://www.realvision.com/mish Bond yields are surging and U.S. equities dipped again as more uncertainty sets into markets. Michele "Mish" Schneider, chief strategist at MarketGauge, joins Maggie Lake to discuss what rising bond yields mean for investors across the market landscape, what comes next for stocks and commodities, and why she is taking profits here in the growth and AI stocks. THE NEW REAL VISION - join the waitlist https://www.realvision.com/waitlist 🔥 𝐅𝐑𝐄𝐄 Newsletter: Understand What’s Moving Markets — In Minutes! http://www.realvision.com/rvdb Learn more about your ad choices. Visit podcastchoices.com/adchoices

Jeff Snider, host of Eurodollar University, joins Maggie Lake to discuss the volatility in interest rates, why he sees a nasty global trade recession coming, and the potential repercussions of the ongoing economic turmoil in China. You can find more of Jeff's work here: https://www.youtube.com/@eurodollaruniversity Also, it's the last day to mint Season 2 of the RV Collective! MINT HERE https://www.realvision.com/collective Learn more about your ad choices. Visit podcastchoices.com/adchoices

SAVE 60% on 3 months of Real Vision Essential 👉 https://realvision.com/last-chance Tom Thornton, founder of Hedge Fund Telemetry, joins Maggie Lake to discuss why the Fed does not have enough data to decide on a September rate hike, what he sees going on in the energy market, and the challenges and opportunities facing the Technology sector. You can find more of Tom's work here: hedgefundtelemetry.com Learn more about your ad choices. Visit podcastchoices.com/adchoices

SAVE 60% on 3 months of Real Vision Essential 👉 https://realvision.com/last-chance U.S. stock averages remain in correction while bonds markets indicate lower prices and higher yields. Steve Miley, chief analyst, COO, and co-founder at TradeDay, joins Maggie Lake for a wide-ranging discussion on equities, bonds, the dollar, commodities, and more. Also, we've just launched Season 2 of the Real Vision Collective! Check it out here: https://www.realvision.com/collective Learn more about your ad choices. Visit podcastchoices.com/adchoices

SAVE 60% on 3 months of Real Vision Essential 👉 https://realvision.com/last-chance "The Fed is in a monetary conundrum; it has 3 policy options going forward and none of them are good," says EJ Antoni. Ash Bennington welcomes EJ to dive deep into the trap the central bank finds itself in, how it got there, and why history suggests that the U.S. economy may replay the nightmares of the late 1970s and early 1980s. Learn more about your ad choices. Visit podcastchoices.com/adchoices

SAVE 60% on 3 months of Real Vision Essential 👉 https://realvision.com/last-chance Richard Koo, chief economist at Nomura Research Institute, is renowned for his expertise on balance sheet recessions. He joins Discipline Funds CIO Cullen Roche in this can’t-miss, peer-to-peer review of Koo's economic framework, the impact and efficacy of QE in balance sheet recessions, the potential GDP dominance of emerging economies like China and India, and the possibility of U.S. real estate stagnation. Learn more about your ad choices. Visit podcastchoices.com/adchoices

SAVE 60% on 3 months of Real Vision Essential 👉 https://realvision.com/last-chance Peter Boockvar, CIO of Bleakley Financial Group and editor of The Boock Report, joins Maggie Lake to discuss this week's economic data, potential challenges facing the tech sector, and the implications of bond market volatility. You can find more of Peter's work here: https://peterboockvar.substack.com Also, we've just launched Season 2 of the Real Vision Collective! Check it out here: https://www.realvision.com/collective Learn more about your ad choices. Visit podcastchoices.com/adchoices

SAVE 60% on 3 months of Real Vision Essential 👉 https://realvision.com/last-chance Dale Pinkert, head of trader development at TradeGateHub, joins Maggie Lake to discuss the impact of today's U.S. inflation data, explore the U.S. dollar's recent movements, and to help us understand the reasons behind bond market volatility. You can find more of Dale's work here: https://tradegatehub.com Learn more about your ad choices. Visit podcastchoices.com/adchoices

SAVE 60% on 3 months of Real Vision Essential 👉 https://realvision.com/last-chance Vincent Deluard, director of global macro strategy at StoneX Group, joins Maggie Lake to discuss his "Trampoline Landing" theory, why he sees a second wave of inflation coming, and what's making him so bearish equities. In the second half of the show, Vincent explores whether the U.S. has peaked and where to find value in international investments. You can find more of Vincent's work here: https://marketintel.intlfcstone.com/MIPublic/Landing Learn more about your ad choices. Visit podcastchoices.com/adchoices

SAVE 60% on 3 months of Real Vision Essential 👉 https://realvision.com/last-chance Tony Greer, editor of The Morning Navigator, joins Maggie Lake to discuss what the recent volatility in bonds means for markets, the impact of recent downgrades on the credit rating of several banks, and what investors should expect from this week's inflation data. You can find more of Tony's work here: https://tgmacro.substack.com Learn more about your ad choices. Visit podcastchoices.com/adchoices

SAVE 60% on 3 months of Real Vision Essential 👉 https://realvision.com/last-chance Neil Dutta, head of economic research at Renaissance Macro Research, joins Maggie Lake to discuss the impact of recent economic data on investor confidence, what to expect from CPI data this week, and the likelihood of a recession. You can find more of Neil's work here: https://renmacaccess.com Learn more about your ad choices. Visit podcastchoices.com/adchoices

A look back at where we've come from, and a big update from Raoul on where we're going. Let us know what you think in the comments. Learn more about your ad choices. Visit podcastchoices.com/adchoices

As we move to a world where users begin to own their data, how we leverage it will revolutionize everything. David Mattin, founder of the New World Same Humans newsletter, welcomes data futurist Michael Clark to explore how data will transform markets. Plus, why AI and the augmented world will change life as we know it. Note: This video has been edited from its original live version to clean up some technical issues we encountered during our live session. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Jared Dillian, editor of the Daily Dirtnap, sits down with Maggie Lake to discuss the mixed data from today's jobs report, current sentiment across assets, and why he thinks now may actually be the time to buy bonds. Also, we've just launched Season 2 of the Real Vision Collective. See what we're up to here: https://www.realvision.com/collective Learn more about your ad choices. Visit podcastchoices.com/adchoices