Real Vision: Finance & Investing

Jim Bianco, president of Bianco Research, joins Maggie Lake to break down the market's response to the Fed pausing rate hikes, decipher bearish sentiment in the bond market, and discuss the role of yesterday's CPI print. In the second half of today's show, Jim Bianco will explain to us the key drivers behind the current Fed policy — and what it means for investors. You can find more of Jim's work here: https://www.biancoresearch.com/visitor-home/ Learn more about your ad choices. Visit podcastchoices.com/adchoices

Mish Schneider, chief strategist at MarketGauge, joins Ash Bennington to discuss the market's response to today's inflation data, the AI-powered tech rally, whether we're seeing signs of exhaustion in equities ahead of tomorrow's Federal Reserve interest rate decision. You can find more of Mish's work here: https://www.youtube.com/@marketgauge Learn more about your ad choices. Visit podcastchoices.com/adchoices

Maggie Lake is joined by Dale Pinkert, trading coach at TradeGateHub, to discuss whether the ongoing bull run in stocks can sustain momentum. Is it time for investors to secure profits ahead of tomorrow’s May CPI report and the Fed's interest rate decision? You can find more of Dale's work here: https://www.youtube.com/@TradeGateHub Learn more about your ad choices. Visit podcastchoices.com/adchoices

This episode of the Real Vision Daily Briefing was sponsored by Kalshi. Take a position on whether the US debt ceiling will be raised, or whether the Fed will hike rates. Sign up at kalshi.com/realvision now to claim $15 towards your first event contract, today. How can we think about money and finances in a smart, responsible way? Join Jared Dillian, editor of The Daily Dirtnap, and Real Vision’s Maggie Lake as they delve into this subject and answer viewer questions from this Festival Of Learning special. Recorded on Thursday, March 30, 2023. Learn more about your ad choices. Visit podcastchoices.com/adchoices

This episode of the Real Vision Daily Briefing was sponsored by Kalshi. Take a position on whether the US debt ceiling will be raised, or whether the Fed will hike rates. Sign up at kalshi.com/realvision now to claim $15 towards your first event contract, today. We're thrilled to welcome legendary investor Jim Rogers back to Real Vision for the first time since 2021. He joins Maggie Lake for a deep-dive conversation on what's on his radar now, and what could unfold next. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Maggie Lake is joined by Noelle Acheson, editor of the Crypto is Macro Now newsletter, to discuss what investors need to watch ahead of next week's Fed interest rate decision and how that will move markets. Plus, Noelle explores the rise of AI as a venture capital darling, and AI's impact on the next wave of Web3 funding.You can find more of Noelle's work here: https://noelleacheson.substack.com Learn more about your ad choices. Visit podcastchoices.com/adchoices

Jared Dillian, editor of The Daily Dirtnap newsletter, joins Maggie Lake to discuss the resilient U.S. economy, the recession in Europe, what's causing stocks to push higher, and how these developments will influence Fed decision-making on interest rates next week. You can find more of Jared's work here: https://wggtb.substack.com Learn more about your ad choices. Visit podcastchoices.com/adchoices

Dr. Komal Sri-Kumar, president of Sri-Kumar Global Strategies, sits down with Maggie Lake to discuss the Bank of Canada's historic rate hike, what it could mean for the next Fed decision, and why the bond market is sending a very different message from equities. In the second half of today's extended show, we'll dive into the current market risks and how investors can protect themselves. You can find more of Dr. Sri-Kumar's work here: https://t.co/ozsbAS3qSB Learn more about your ad choices. Visit podcastchoices.com/adchoices

This episode of the Real Vision Daily Briefing was sponsored by Kalshi. Take a position on whether the US debt ceiling will be raised, or whether the Fed will hike rates. Sign up at kalshi.com/realvision now to claim $15 towards your first event contract, today. Maggie Lake is joined by Raoul Pal, co-founder and CEO of Real Vision, and David Mattin, founder of the New World Same Humans newsletter, to explore AI's potential benefits and drawbacks as it reshapes countless industries. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Tony Greer, founder of TG Macro and editor of The Morning Navigator, joins Maggie Lake to discuss what's driving the latest cross-asset price action and dive into the setups developing in gold and energy. You can find more of Tony's work here: http://tgmacro.Substack.com Learn more about your ad choices. Visit podcastchoices.com/adchoices

Sandy Kaul, senior vice president at Franklin Templeton, joins Raoul to discuss how the biggest tech megatrends have already begun to overhaul the way we live and connect with one another—and how decentralization and the metaverse will tie it all together. Recorded on April 18, 2023. Learn more about your ad choices. Visit podcastchoices.com/adchoices

From a prop trading desk to the NYSE on IVOL's launch day, wiz portfolio manager Nancy Davis shares her journey. Nancy Davis, the founder, and CIO of Quadratic Capital Management, has enjoyed a storied career, from a post-grad career at Goldman Sachs to being on the opposite side of the famous London Whale Trade and launching her own ETF. She joins Maggie Lake to share how the highs and lows have shaped her winding road. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Darius Dale, founder of 42Macro, and Raoul Pal, Real Vision co-founder and CEO, join Maggie Lake to wrap up the week. They'll be discussing inflation, the debt ceiling, what's driving these markets, and their divergent views on the liquidity cycle. In the second half, Darius and Raoul will be answering audience questions, so please drop 'em in the live chat. You can find more of Darius' work here: https://t.co/qGAzjLMmrT Learn more about your ad choices. Visit podcastchoices.com/adchoices

This episode of the Real Vision Daily Briefing is sponsored by Kalshi. Take a position on whether the US debt ceiling will be raised, or whether the Fed will hike rates.Sign up at kalshi.com/realvision now to claim $15 towards your first event contract, today. Debt ceiling deal progress propels the US market. Eric Johnston, head of equity derivatives & cross-asset for Cantor Fitzgerald, sits down with Maggie Lake to discuss his perspective on the current state of equities and the possibility of reaching the top of the economic cycle. You can find more of Eric's work here: https://www.cantor.com/ Learn more about your ad choices. Visit podcastchoices.com/adchoices

This episode of the Real Vision Daily Briefing is sponsored by Kalshi. Take a position on whether the US debt ceiling will be raised, or whether the Fed will hike rates. Sign up at kalshi.com/realvision now to claim $15 towards your first event contract, today. Debt ceiling deal progress propels the US market. Eric Johnston, head of equity derivatives & cross-asset for Cantor Fitzgerald, sits down with Maggie Lake to discuss his perspective on the current state of equities and the possibility of reaching the top of the economic cycle. You can find more of Eric's work here: https://www.cantor.com/Cem Karsan, the founder of Kai Volatility Advisors, sits down with Maggie Lake to discuss volatility, sticky inflation, and why he thinks a continued market rally could be "dangerous." You can find more of Cem's work here: https://www.kaivolatility.com/ Learn more about your ad choices. Visit podcastchoices.com/adchoices

This episode of the Real Vision Daily Briefing is sponsored by Kalshi. Take a position on whether the US debt ceiling will be raised, or whether the Fed will hike rates. Sign up at kalshi.com/realvision now to claim $15 towards your first event contract, today. Debt ceiling deal progress propels the US market. Eric Johnston, head of equity derivatives & cross-asset for Cantor Fitzgerald, sits down with Maggie Lake to discuss his perspective on the current state of equities and the possibility of reaching the top of the economic cycle. You can find more of Eric's work here: https://www.cantor.com/Geo Chen, the author of Fidenza Macro research, sits down with Maggie Lake to discuss the intricacies of the US debt ceiling, liquidity challenges, volatility in US treasuries, and promising global macro opportunities he sees over the next 3 months. You can find more of Geo's work here: fidenza.substack.com Learn more about your ad choices. Visit podcastchoices.com/adchoices

Harry Melandri of MI2 Partners welcomes Tom Caddick, managing director at Nedgroup Investments, to explore why UK commercial real estate is an overlooked and particularly unique investment opportunity given the current macro backdrop. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Roy Behren, co-president and co-CIO of Westchester Capital Management joins Samuel Burke to explain his strategy of generating low-risk, market-neutral returns. Then, he reveals his 3 favorite merger arb trades for this uncertain environment. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Hot inflation data didn't impact the market, as it races higher on the back of an AI frenzy and talks of a debt ceiling agreement being reached. Maggie Lake is joined by Dale Pinkert, trading coach at Tradegate Hub, to discuss the current state of the debt ceiling talks and their impact on bond volatility and the US dollar. Dale will share a few of his favorite trade ideas as we head into the long weekend. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Maggie Lake is joined by Amelia Bourdeau, managing director at Diamond Standard, to give us her take on NVIDIA’s price action and the impact from the debt ceiling talks, along with her views on the US Dollar. You can find more of Amelia’s work here: https://www.diamondstandard.co Learn more about your ad choices. Visit podcastchoices.com/adchoices

Maggie Lake is joined by Tom Thornton, founder of Hedge Fund Telemetry, to discuss the debt ceiling deadline, how it will impact bonds, and what it means for inflation moving forward. Tom will also share his thoughts on mega-cap tech and the AI race. You can find more of Tom's work here: https://t.co/mAfhsH0qdL Learn more about your ad choices. Visit podcastchoices.com/adchoices

Greg Weldon, CEO of Weldon Financial, joins Maggie Lake to give us his take on the debt ceiling, the US Dollar, impacts on bonds, and how he’s thinking about commodities. You can find more of Greg’s work here: https://t.co/z73MeGwuwA and you can follow him on Youtube: https://www.youtube.com/@GregoryWeldon Learn more about your ad choices. Visit podcastchoices.com/adchoices

Peter Boockvar, Chief Investment Officer of Bleakley Financial Group and Editor of The Boock Report, joins Maggie Lake to break down recent remarks from the Federal Reserve, provide valuable insight into retail earnings, and identify potential areas of strength in the economy. More of Peter’s work at https://t.co/x9RdjtPQus Learn more about your ad choices. Visit podcastchoices.com/adchoices

Andreas Steno Larsen examines how liquidity trends are turning negative and macro fundamentals are weakening alongside an equity rally that may be exhausting. Find out what comes next on Steno’s Signals. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Warren Mosler, president of Valance Company and the economist considered the father of Modern Monetary Theory (MMT), joins Maggie Lake to discuss what MMT is, how it relates to inflation and the ramifications of current Fed policy. Learn more about your ad choices. Visit podcastchoices.com/adchoices

As the market experiences turbulence, join Maggie Lake in welcoming Mish Schneider, Chief Strategist at http://www.marketgauge.com/realvision. Mish will provide valuable guidance and share her thoughts on various sectors, including energy, currencies, metals, agricultural commodities, and China. You can find more of Mish’s work here: http://www.marketgauge.com/realvision. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Maggie Lake is joined by Raoul Pal, co-founder and CEO of Real Vision. Raoul will be updating us on his big-picture outlook, his thoughts on AI, and what's happening behind the scenes at Real Vision. Plus, he'll be answering your questions. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Darius Dale, founder, and CEO of 42 Macro, joins Maggie Lake to discuss the implications of the looming debt ceiling, where the economy is headed next, and why he thinks both bulls and bears are about to be battered over the next few quarters. You can find more of Darius’ work here: https://42macro.com Learn more about your ad choices. Visit podcastchoices.com/adchoices

Maggie Lake is joined by Tavi Costa, portfolio manager at Crescat Capital, to discuss why he believes the U.S. is headed towards a recession, what the Fed will do next to combat inflation, how AI will impact growth, and why certain commodities are setup for a long-term cycle of demand. You can find more of Tavi’s work here: https://www.crescat.net Learn more about your ad choices. Visit podcastchoices.com/adchoices

Stocks start the week muted as commodities tick up on the back of a weaker dollar. Maggie Lake is joined by Tony Greer, editor of The Morning Navigator and founder of TG Macro, to discuss the recent action in energy markets, and precious metals, and how the debt ceiling stress and inflationary pressures are impacting the U.S. dollar. You can find more of Tony’s work here: https://tgmacro.substack.com Learn more about your ad choices. Visit podcastchoices.com/adchoices

Larry McDonald shares his best plays for the next market cycle. Larry McDonald, founder of The Bear Traps Report, joins Samuel Burke to share why a weakening dollar and looming U.S. credit crunch has him leaning on energy and emerging markets. Plus, one sector he's targeting for a short opportunity. You can track the performance of all our guests’ 3 Ideas here: https://bit.ly/RV3Ideas Learn more about your ad choices. Visit podcastchoices.com/adchoices

#ad As one of the richest men on Earth and a self-described business maverick, Elon epitomizes the Silicon Valley ethos of “move fast and break things.” And once Elon became Twitter’s new CEO, you were either with him or against him. Those still employed at Twitter soon saw the company and its culture morph into something they didn’t recognize. He laid off 75% of the Twitter workforce, reinstated exceedingly problematic and dangerous users, and even encouraged his staff to sleep in the office. Ex-employees, Elon’s critics, and fellow CEOs were quick to denounce him as an in-over-his-head, rich guy. But Twitter’s doors are still open today. Is Elon all talk or are his unruly methods actually the work of a genius? However you feel about his approach, Elon’s influence is not only ushering in a new era of Twitter but shaping the future of free speech on the internet as we know it. Follow Flipping The Bird wherever you get your podcasts. Hey Prime Members, you can listen to episodes ad-free on Amazon Music. Download the Amazon Music app today. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Stocks ended the week down on renewed concerns about the economy. Has the Fed reached its breaking point? Dennis Lockhart, former president and CEO of the Federal Reserve of Atlanta joins Maggie Lake to discuss the current state of the economy, inflation, the looming debt ceiling, and whether the Fed’s current framework is still effective. In the second half, we dive into the developing credit crisis and how it changes the Fed’s positioning. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Banking stress continues as markets look to end the week with little movement. “Banks crashing, crazy economic data, and the Fed is still hiking rates, but the markets are sleeping," Jared Dillian, Editor of the Daily Dirtnap, wrote in his latest newsletter. He joins Ash Bennington to break down what he calls the "boringest exciting market ever." You can find Jared’s work here: https://www.dailydirtnap.com Learn more about your ad choices. Visit podcastchoices.com/adchoices

Jesse Felder, the founder of Felder Investment Research, joins Maggie Lake to discuss the market's uncertain reaction to today's inflation data, why he’s taking a closer look at gold, and what he makes of the recent U.S. credit crunch. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Debt ceiling talks proceed as eager investors wait for tomorrow's inflation data. Jeremy Schwartz, global CIO of WisdomTree Asset Management, joins Maggie Lake to share his key takeaways from Warren Buffet’s shareholder event this weekend, what to expect from April CPI data, and why we need to pay attention to the debt ceiling. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Markets traded sideways as investors digested economic data, a regional bank rebound, and Warren Buffet's comments. Mish Schneider, the chief strategist at MarketGauge, joins Maggie Lake to discuss what to make of today’s rebound in regional banks, the price action in oil, and where the Fed stands as we wait for Wednesday’s CPI release. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Tune into The Breakdown with Nathaniel Whittemore as we discuss with Raoul Pal the Exponential Age and the Everything Code. Discover how AI, crypto, and QE are reshaping our world. Don't miss this riveting episode packed with expert insights! Please find out more about Nathaniel's podcast here: The Breakdown podcast: https://pod.link/1438693620 The Breakdown YouTube: https://www.youtube.com/nathanielwhittemorecrypto Learn more about your ad choices. Visit podcastchoices.com/adchoices

A bull market in liquidity started in October of 2022, and we know liquidity leads asset markets. Raoul speaks with Michael Howell, CEO of CrossBorder Capital, about why the biggest force in global macro is pointing towards a new bull market in equities. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Yields and stocks surged after the April jobs report showed a labor market that still won't quit. Joe Zhao, founder and partner of the venture fund Millennia Capital, joins Maggie Lake to discuss whether resilient labor will put more pressure on failing banks, what ripple effects he expects the Fed to cause, and why AI and tech will drive the next cycle of growth. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Contagion fears are mounting as shares of more regional banks sold off sharply on Thursday. George Goncalves, head of U.S. macro strategy at MUFG, joins Maggie Lake to discuss the unwinding of U.S. regional banks, the ramifications of the ECB's 25bps rate hike following yesterday's Fed decision, and how to navigate markets in what could be a tumultuous next few months. Learn more about your ad choices. Visit podcastchoices.com/adchoices

As expected, the Fed raised interest rates another 25 basis points while signaling that a pause could come next. On this hour-long Fed Day special Daily Briefing, Andreas Steno Larsen, Mike Coolbaugh, and Darius Dale join Maggie Lake to react to Fed Chair Jerome Powell’s press conference and break down exactly what this decision means for the economy — and for investors — in the coming months. Learn more about your ad choices. Visit podcastchoices.com/adchoices

All eyes are on tomorrow's Federal Reserve interest rate decision as U.S. investors wonder whether markets can handle more pressure. Jeff Snider, host of Eurodollar University, joins Maggie Lake to discuss today's market selloff and the stress in banking, whether the Fed will hike interest rates tomorrow, and why deflationary fallout is spreading across the globe. Learn more about your ad choices. Visit podcastchoices.com/adchoices

What comes next after JP Morgan absorbs First Republic Bank? Maggie Lake sits down with Dale Pinkert, head of trader development at TradeGateHub, to discuss the direction of the U.S. dollar, gold, and rates amid broader economic uncertainty. Plus, Dale makes some predictions for the next Fed decision. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Find out how Russell Clark views the global economy and how he's investing in it. Samuel Burke speaks with Russell Clark, former hedge fund manager and author of the Capital Flows and Asset Markets newsletter, in this special Festival of Learning edition of 3 Ideas. You can track the performance of all our guests’ 3 Ideas here: https://bit.ly/RV3Ideas Learn more about your ad choices. Visit podcastchoices.com/adchoices

With natural gas has had a major correction and uranium experiencing some weakness, is oil next to drop? Francis Hunt of The Market Sniper joins Ash Bennington to discuss why he believes oil is due for a harsh selloff, with potential knock-on effects for inflation, yields, currencies, and more. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Prices stay high as investors wonder whether recession will be avoided at a cost. Maggie Lake is joined by Vincent Deluard, director of global macro strategy at StoneX Group, to discuss this morning's key inflation data, stress on the banking system, and why infrastructure and chips are 2 reasons the U.S. will not see a recession in 2023. Learn more about your ad choices. Visit podcastchoices.com/adchoices

U.S. GDP for the first quarter of 2023 rose slower than estimates, refreshing stagflationary fears for investors. Maggie Lake is joined by George Milling-Stanley, chief gold strategist at State Street Global Advisors, to discuss his expectations for gold in 2023, how the current stress in U.S. banks impacts the precious metals, and how to position your portfolio. You can find more of George’s work here: https://www.ssga.com/us/en/intermediary/etfs Learn more about your ad choices. Visit podcastchoices.com/adchoices

The banking sector is back under pressure as First Republic's stock continues to plummet. Will we see spillover? Jason DeSena Trennert, CEO of Strategas Securities, joins Ash Bennington to share his views on the fallout at First Republic Bank, potential contagion in the banking sector, and why growth investors may not want to get ahead of themselves if a recession is coming. You can find more of Jason’s work here: https://www.strategasrp.com Learn more about your ad choices. Visit podcastchoices.com/adchoices

Volatility spiked and the market tumbled as earnings season continues, with First Republic Bank down more than 40%. Maggie Lake is joined by Andy Constan, CEO of Damped Spring Advisors, to discuss his views on the global macro landscape, renewed fallout in the banking sector, and why it’s time to get reacquainted with the debt ceiling. You can find more of Andy’s work here: https://dampedspring.com Learn more about your ad choices. Visit podcastchoices.com/adchoices