412 episodes

Understand the complex world of finance, business and the global economy with real in-depth analysis from real experts. We unlock access to the leading financial minds in the world to provide unbiased, in-depth analysis from real experts. The Real Vision podcast features our flagship series The Interview - the premier business and finance interview series in the world; And, the Daily Briefing which provides market analysis every weekday after US markets close and before Asian markets open. Subscribe today to get both of these shows totally free.
Brought to you from Real Vision.

Real Vision: Finance, Business & The Global Economy Real Vision Podcast Network

    • Investing
    • 4.1 • 676 Ratings

Understand the complex world of finance, business and the global economy with real in-depth analysis from real experts. We unlock access to the leading financial minds in the world to provide unbiased, in-depth analysis from real experts. The Real Vision podcast features our flagship series The Interview - the premier business and finance interview series in the world; And, the Daily Briefing which provides market analysis every weekday after US markets close and before Asian markets open. Subscribe today to get both of these shows totally free.
Brought to you from Real Vision.

    USD's Reserve Status, the Eurodollar System, and International Trade ( w/ Lyn Alden & Hugh Hendry )

    USD's Reserve Status, the Eurodollar System, and International Trade ( w/ Lyn Alden & Hugh Hendry )

    The Interview, Recorded on December 1, 2020.: Hugh Hendry, founder and former CIO of Eclectica Asset Management, welcomes Lyn Alden of Lyn Alden Investment Strategy for a wide-ranging discussion on international trade and the Eurodollar system. Hendry mounts a nuanced defense of the dollar's role as the global reserve asset, whereas Alden sees a slow but steady de-dollarization happening around the world, which she expects will continue. Hendry and Alden discuss whether China's role in international trade is "mercantilist," and whether its stagnant reserves of U.S. Treasurys is a true macroeconomic bellwether. Lastly, Hendry and Alden look forward to identify potential solutions to these problems, such as digital currencies (Alden's solution) and ultra-negative rates (Hendry's solution). Hugh Hendry's YouTube channel can be accessed here: https://www.youtube.com/c/HughHendryOfficial/videos. Key learnings: Alden and Hendry agree that structural forces have prevented the dollar from weakening to the levels implied by its persistent trade deficit. But while Alden thinks the Eurodollar system will expand beyond the control of the U.S., Hendry argues that American commercial banks will continue to control the supply of dollars in reality, and that the U.S. will remain the global monetary hegemon. Hendry has also provided a transcript he has personally edited to clarify some of his points in this interview: https://rvtv.io/3gysJZT
    Learn more about your ad choices. Visit megaphone.fm/adchoices

    • 1 hr 1 min
    Teddy Vallee on the Dollar, Hard Assets, and the Real Rate Rotation (w/ Jack Farley)

    Teddy Vallee on the Dollar, Hard Assets, and the Real Rate Rotation (w/ Jack Farley)

    Teddy Vallee, founder and CIO of Pervalle Global, joins Real Vision's Jack Farley to share his strategic outlook for assets such as the U.S. dollar, technology and energy stocks, gold, and bitcoin. Vallee explains why he believes that real rates for U.S. Treasury bonds will increase, and he describes why this view makes him believe there could be a capital exodus from technology into energy equities, as well as making bitcoin and gold less attractive to hold for the short-term, although he remains bullish on these two assets over the long-term. Filmed on November 24, 2020. Key learnings: Real rates on U.S. Treasuries will likely rise. Long-term the U.S. dollar will encounter problems, but Vallee spots short-term tactical opportunity as Treasury issuance will create liquidity negative conditions over the next two-to-three months. Vallee is very positive on energy, Latin America, EM debt, as well as commodities relative to U.S. tech and bonds.
    Learn more about your ad choices. Visit megaphone.fm/adchoices

    • 54 min
    COVID-19 Spiraling Out of Control, Whipsawing Crypto, and the Coiled Snake of Macro

    COVID-19 Spiraling Out of Control, Whipsawing Crypto, and the Coiled Snake of Macro

    DB-Jan22,2021: Real Vision CEO Raoul Pal joins senior editor Ash Bennington to share his latest thoughts on COVID-19, market froth, and cryptocurrency. Using models from his latest Real Vision Pro report, “Wile E. Coyote,” Raoul plots several dire situations for COVID-19 deaths. Raoul then talks about why he may smell “fire in the room” in the equity market, looking at indicators such as call option volume, activity in the pink sheet stocks, and the sky-high use of margin. Raoul and Ash then discuss the recent pullback in Bitcoin, and Raoul tells Ash what he thinks of alt coins and the risk/reward they offer to investors. Raoul reflects on the recent flatness in bond yields and the dollar, and he explores whether macro investors are turning toward crypto markets because that’s where the action is happening. In the intro, editor Jack Farley breaks down today’s economic data release for the PMIs from Germany, France, and the U.S. as well as IBM’s earnings disappointment.
    Learn more about your ad choices. Visit megaphone.fm/adchoices

    • 44 min
    The Fed's Quandary: Speculative Fervor Around Inflation Expectations ( w/ Michael Lebowitz & Ed Harrison)

    The Fed's Quandary: Speculative Fervor Around Inflation Expectations ( w/ Michael Lebowitz & Ed Harrison)

    DB-Jan21,2021: Michael Lebowitz, partner at Real Investment Advice, joins Real Vision managing editor Ed Harrison to discuss where inflation is headed and whether the market’s bet on the Fed getting it right this time has merit. Lebowitz discusses the nature of market price action for the past several months as risk assets have caught on fire and sector rotation has been occurring with incredible speed. With the growth of M1 and the velocity of money moving in opposite directions, Harrison and Lebowitz explore how the Fed might have to rethink their quantitative easing (QE) operations in order to achieve their goals of generating inflation. In light of this context, Lebowitz discusses his investment approach in this market environment. In the intro, Real Vision’s Haley Draznin checks out the markets on the first full day of President Biden’s holding office.
    Learn more about your ad choices. Visit megaphone.fm/adchoices

    • 35 min
    Buy the Reflation Rumor and Sell the Recovery News?

    Buy the Reflation Rumor and Sell the Recovery News?

    DB - Jan20, 2021: Real Vision managing editor Ed Harrison joins editor Max Wiethe to update his views on how yield curve steepening is affecting equity markets and his three potential outcomes for the reflation trade. Harrison and Wiethe also debate whether the reflation trade is a "buy the rumor, sell the news" scenario and tee up Real Vision’s big content campaign for February where we attempt to answer the question, “Is Everything a Bubble?” In the intro, editor Jack Farley reviews price action and analyzes Morgan Stanley's latest earnings report.
    Learn more about your ad choices. Visit megaphone.fm/adchoices

    • 29 min
    Discerning the Phases of a Crypto Bull Market( w/ Ari Paul & Raoul Pal)

    Discerning the Phases of a Crypto Bull Market( w/ Ari Paul & Raoul Pal)

    Crypto Wednesday: Ari Paul, CIO & managing partner of BlockTower Capital, joins Real Vision CEO Raoul Pal to discuss the launch of Paul's fund, value accrual in the crypto space, and how far along we are in this crypto bull market. Paul explains how he views the risk curve and how he filters through crypto projects. He describes the importance of understanding timing in the markets and how he believes crypto markets have dramatically more alpha in them than traditional markets. He closes by discussing the recent regulatory attention that the crypto space has received.
    Key Learnings: Paul explains the game theoretical concerns of crypto hard forks and how minority chains are insecure. He believes, "We are only in the 4th inning of this bull market cycle." Paul and Pal state that there is significantly more alpha to be found in crypto markets over traditional markets, and they expect it to remain this way for the foreseeable future.
    Recorded on December 10, 2020.
    Learn more about your ad choices. Visit megaphone.fm/adchoices

    • 1 hr 20 min

Customer Reviews

4.1 out of 5
676 Ratings

676 Ratings

Erik Zbik ,

Trading

Does EH and RP and the others trade their own accounts or manage/advise others? Honest question, just curious...

Derivatives Trader ,

Well played Mike Green!

Mike’s interview with Jeremy Grantham was great - Jeremy & Mike were both fantastic

Jhwahaha ,

RV has lost its way

RV use to provide ok content but now they are pushing get rich quick “crypto”. They lure people in with the promise of bitcoin info then use the platform to pitch “alt coins” they make money on.

Top Podcasts In Investing

Listeners Also Subscribed To