Real Vision: Finance & Investing

For the past 45 years, Rick Rule has been investing and speculating in the natural resource industry. The president and CEO of Rule Investment Media and the chair of Equinox Gold joins Harry Melandri to talk about why he’s turning his focus to uranium. In short, Rick is taking a long view on a resource that could help solve what will soon be a global energy crisis. Never miss an episode of Next Big Trade - subscribe here. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Denise Shull, an expert decision coach at The ReThink Group, leverages her background in neuroscience and modern psychoanalysis to guide professional investors, traders, athletes, and entrepreneurs to maximum performance at times of high risk. In this special episode of My Life in Four Trades, Denise joins Maggie Lake to talk about the universal lessons drawn from the eclectic and unique career of Hugh Hendry. Never miss an episode of My Life in 4 Trades - subscribe here. Learn more about your ad choices. Visit podcastchoices.com/adchoices

With global markets on the edge and investors concerned about a multitude of extant financial and potential political headwinds, Maggie Lake welcomes back Raoul Pal for today’s Real Vision Daily Briefing. “Are markets breaking?” sounds hyperbolic. But U.K. debt is being re-priced as if it’s issued by something less than a third-world country. And foreign-exchange markets “are presently screaming global depression, not recession,” as one prominent member of the FinTwit community put it. Maggie and Raoul talk about the global liquidity situation and how the Federal Reserve will respond to another mess of its own making. Indeed, as Raoul noted early Friday, “The central bank experiment of Volcker worship in a massively indebted economy is on its last legs in the coming month or two.” Learn more about your ad choices. Visit podcastchoices.com/adchoices

Mere hours after the Federal Reserve announced a third consecutive 75 basis point rate hike and reiterated its commitment to bringing inflation back to its 2% target, the Bank of Japan stuck to its ultra-low interest rate policy and intervened in foreign-exchange markets on behalf of the Japanese yen for the first time since 1998. Weston Nakamura joins Andreas Steno Larsen at the top of today’s Daily Briefing to talk about the danger this policy divergence poses to the global financial system. Could we be on the verge of a currency war in reverse? Then, Andreas welcomes Tavi Costa, a partner and a portfolio manager at Crescat Capital, to talk about how to position for what Tavi recently described as “a vicious stagflationary environment.” We also hear from Nancy Davis and Kris Sidial about how to hedge downside risk amid rising volatility. Watch the full conversation featuring Nancy and Kris here: https://f.io/gHuRgo0F. Learn more about your ad choices. Visit podcastchoices.com/adchoices

The S&P 500 was on its way to a fifth consecutive “decision day” gain this afternoon – until a unanimous Federal Open Market Committee confirmed the market’s 100%-priced-in expectation of a 75-basis-point increase to the federal funds rate target range but firmly underscored its hawkish tone. Stocks turned red and yields surged at 2:00 p.m. ET, as the FOMC’s “dot plot” suggested another 125 basis points of rate hikes over its last two meetings in 2022 and further tightening well into 2023. Reiterating that it’s “highly attentive to inflation risks” and that it “anticipates that ongoing increases in the target range will be appropriate,” the Fed also lowered its growth forecast for the year. Real Vision’s Andreas Steno Larsen welcomes Joseph “The Fed Guy” Wang for today’s Daily Briefing to talk about Fed policy – looking back and going forward – and what it means for risk assets. We also hear from Thomas Hoenig, who led the Kansas City Fed for 20 years, about the risks “quantitative tightening” presents to the global financial system. Watch the full conversation featuring Thomas Hoenig and Harry Melandri here: https://f.io/fd0SmXxX. Learn more about your ad choices. Visit podcastchoices.com/adchoices

The Federal Reserve is just one of 16 central banks making interest-rate decisions this week, but it is the most widely watched monetary policy body in the world. And its current path – errant though it may be – is having a profound effect on the global economy by pushing up the U.S. dollar. The most recent data on the U.S. housing market surprised to the upside, but it’s just one piece of the puzzle. “I like that we got wildly positive homebuilder data,” tweeted Tony Greer today, “but the sector is still trading like it’s petrified of higher yields.” Tony, the founder and CEO of TG Macro, joins Ash Bennington for today’s Daily Briefing to talk about recent price action in key corners of the market, notably energy, as well as what he expects from the Federal Reserve tomorrow. We also hear from Weston Nakamura about what this week’s abundance of central bank activity means for financial markets and economic growth. Watch the full video featuring Weston Nakamura here: https://rvtv.io/3SmmDNU. Learn more about your ad choices. Visit podcastchoices.com/adchoices

All three major U.S. equity indexes were essentially flat at the halfway point of Monday’s trading session, with attention squarely focused on the outcome of Tuesday’s and Wednesday’s Federal Open Market Committee meeting. As a 75-basis-point rate hike is a foregone conclusion, the main event will be Jerome Powell’s post-meeting press conference. Incoming data continue to suggest the economy is slowing, highlighted by a rapidly cooling housing market. Darius Dale, the founder and CEO of 42 Macro, joins Real Vision’s Andreas Steno Larsen for today’s Daily Briefing to preview this week’s central bank action. We also hear from Thomas Hoening, the longest-serving Fed president in U.S. history, about how risks posed by monetary tightening – i.e., rising unemployment – will test Powell’s resolve. Watch the full conversation featuring Thomas Hoenig and Harry Melandri here: https://rvtv.io/3qPyEQ3. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Warren Pies is overweight energy for multiple reasons. The founder of 3Fourteen Research joins Harry Melandri to make the bullish case for everything related to hydrocarbon extraction, production, and delivery to market, citing years of poor management and negative cash flow as the primary reasons the sector was discounted. Warren explains why high-quality energy stocks should have a place in any long-term portfolio – and he notes that some housing exposure might be a good idea right now too. Never miss an episode of Next Big Trade - subscribe here. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Andrew Rosener has always had an entrepreneurial spirit. As the founder and CEO of Media Options – the No. 1 media domain brokerage in the world – he’s responsible for some of the largest domain sales in history. In a captivating conversation, Andrew talks to Maggie Lake about how he’s remained at the tip of the spear in the digital asset realm. He also shares his worst trade and how he’s come to terms with a $1.9 billion loss. Never miss an episode of My Life in 4 Trades - subscribe here. Learn more about your ad choices. Visit podcastchoices.com/adchoices

FedEx withdrew forward earnings guidance and CEO Raj Subramaniam warned of a “worldwide recession” on Friday, sounding another “risk off” signal and sending all three major U.S. indexes to declines of at least 1% two hours ahead of Friday’s close. Warren Pies, the founder of 3Fourteen Research, joins Maggie Lake for today’s Daily Briefing to talk about how a “worldwide recession” would impact particular asset classes, with an emphasis on energy. Warren explains the structural factors that make high-quality names related to crude oil and natural gas potential outperformers – even in an environment of “dramatic disinflation.” We also have a preview of an upcoming My Life in 4 Trades podcast featuring Bill Browder, who talks about Vladimir Putin, what comes next in the Russia-Ukraine conflict, and why it’s going to go on for some time longer. Learn more about your ad choices. Visit podcastchoices.com/adchoices