Real Vision: Finance & Investing

Keeping with the prevailing theme, the U.S producer price index for April came in at a red-hot, consensus-forecast-beating year-over-year reading of 11%, yet another indication that inflation persists. Reflecting the impact of the Federal Reserve’s late hawkishness, if not its recent rate hikes, U.S. mortgage rates jumped again this week to 5.3%, the highest since July 2009. The yield on the 10-ye...

The consumer price index for April came in at 0.3% on a month-over-month basis and 8.3% year over year, exceeding estimates on both measures and establishing once again that inflation is going to stick around at elevated levels for the foreseeable future. After opening to the upside, the major U.S. equity indexes surrendered gains and slid into the close. The yield on the 10-year U.S. Treasury not...

U.S. equity indexes jumped at the open, faded into lunchtime, and rallied into the last couple of hours of regular trading Tuesday in a session that reflected the general volatility defining financial markets right now. Thomas Thornton, founder of Hedge Fund Telemetry, saw underlying weakness early today. “Everything was up but breaking volume-weighted average price levels, which was a good read o...

The Dow Jones Industrial average was down 1.3%, the S&P 500 2.4%, and the Nasdaq Composite 3.4%, late in Monday’s trading, as last week’s sell-off continues. Ongoing supply chain problems, new pandemic-related lockdowns in China, and Russia’s war on Ukraine only make the Federal Reserve’s choices more complex as it tries to restrain inflation without tanking the economy. The yield curve steepened...

Here's a full-length episode from Real Vision's new original series, The Next Big Trade - be sure to subscribe. Ross Gerber is the Co-Founder, President, and CEO of Gerber Kawasaki Wealth and Investment Management. Ross and his team oversee $2.2 billion of investments focused on technology, clean energy and transportation, and more. Ross joins Harry Melandri to break down why he believes Tesla has...

Here's a full-length episode from Real Vision's new original series, My Life in 4 Trades - be sure to subscribe. Legendary Trader, Peter Brandt, joins Maggie Lake to discuss his unprecedented financial journey. Peter sheds light on the early mistakes he made on the floor, what it was like to run his own company, and everything he learned along the way. Learn more about your ad choices. Visit podca...

The April nonfarm payroll figure topped consensus forecasts, and the unemployment rate held at 3.6%. A slight retreat in the labor force participation rate surprised, but, overall, more evidence of a tight labor market should brace a Federal Reserve as it effects an aggressive tightening cycle. That’s despite the fact that, when it comes to growth, we’re looking at “three straight quarters of almo...

U.S. equity indexes rallied hard during Jerome Powell’s post-Federal Open Market Committee meeting press conference yesterday, posting the biggest rally in two years because the Federal Reserve Chair said the central bank was not “actively considering” a 75-basis-point rate hike. Today, 95% of the S&P 500 is trading lower, The Dow Jones Industrial Average is off more than 700 points, and the Nasda...

The Federal Open Market Committee agreed to raise the federal funds target rate by 50 basis points and to begin shrinking the Federal Reserve’s balance sheet in June by $47.5 billion, with the runoff pace to reach a maximum of $95 billion per month after three months. The FOMC noted in its statement that “ongoing” increases to the fed funds target rate will be appropriate. The central bank’s quest...

Not since March 2000 has the Federal Open Market Committee announced a 50-basis-point increase to the federal funds target rate. Now, the FOMC is a day away from doing just that. And traders are pricing in near-even-money odds of a 75-basis-point hike in June. The FOMC is also expected to introduce its plan to reduce the Federal Reserve’s balance sheet on Wednesday, a process with its own implicat...

Hard-core technical analysts will tell you that, ultimately, “price” is the only thing that matters. Countless investors, traders, and speculators making decisions about the values of assets will contemplate just about every conceivable issue. “Price” is where all that shows up. Today, the yield on the 30-year U.S. Treasury bond surged past 3% to a three-year high, as the market braces for the fir...

Real Vision Co-Founder and CEO, Raoul Pal, joins MI2's Harry Melandri on the debut episode of The Next Big Trade to discuss his unique financial journey, potential opportunities in US bond markets, and much more. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Here's a full-length episode from Real Vision's new original series, My Life in 4 Trades - be sure to subscribe. Fan favorite and skilled trader, Tony Greer, joins Maggie Lake in a special live edition to share how exactly he went from being on the exchange floor to running his own company, TG Macro. Learn more about your ad choices. Visit podcastchoices.com/adchoices

U.S. equity indexes traded lower today, with the Nasdaq Composite down 2.7% two hours before the close of regular trading and headed toward its worst month since 2008. The S&P 500 was down 2.3%, the Dow Jones Industrial Average 1.5%. Inflation remains the major overhang, with supply-chain disruptions as well as high food and energy prices only made worse by pandemic and war and the authorities’ re...

U.S. equity indexes were well in the green Thursday afternoon despite the fact that gross domestic product contracted at an annualized rate of 1.4% during the first quarter, according to the Bureau of Economic Analysis. Earnings reports continue to reflect consumer resilience in the face of historic inflation, even as the conflict in Eastern Europe metastasizes and the situation in Japan – with th...

Prices for assets of all kinds were up Wednesday, including stocks, commodities, and cryptocurrencies. The U.S. dollar continued to strengthen, and global bond yields marched higher. That’s despite the emergence of still more signs of underlying weakness, including Robinhood laying off 9% of its workforce. And Russia cut off natural gas supplies to Poland and Bulgaria in the latest escalation of t...

U.S. stocks fell sharply on Tuesday, with the Nasdaq Composite leading to the downside with a 3.0% loss two hours short of the close of the day’s regular trading, the S&P 500 off 2.1%, and the Dow Jones Industrial Average lower by 1.6%. Today’s selling reflects concern about growth in the face of what seems to be inexorable inflation, as widespread COVID-19 testing in Beijing augurs a lockdown of...

The major U.S. equity indexes were mixed Monday, with the Dow Jones Industrial Average and the S&P 500 in the red but the tech-heavy Nasdaq holding a modest gain on reports that Elon Musk is nearing a deal to take Twitter private. Investors continue to grapple with the fact that the Federal Reserve is aggressively tightening monetary policy into what appears to be a slowing economy. As Mark Ritchi...

Using hedge fund strategies and venture strategies to construct client portfolios. Thanks for watching The Interview, the premier business and finance interview series in the world. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Seasoned investor, Mish Schneider, joins Maggie to discuss her career paths in both trading and teaching, becoming one of the first female traders on the New York Stock Exchange, and so much more. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Yesterday, Chair Jerome Powell reiterated that the Federal Reserve will tighten monetary policy aggressively to fight inflation, noting that a 50-basis-point hike is on the table for the May Federal Open Market Committee meeting. U.S. stocks, still processing the Fed’s hawkish pivot, are well in the red Friday, with the major equity indexes all down nearly 2%. According to Jared Dillian, “The curv...

The U.S. dollar climbed to a fresh two-decade peak to the Japanese yen on Wednesday, this latest move catalyzed by Federal Reserve officials pushing for more aggressive interest rate hikes. Meanwhile, the Bank of Japan continues to defend its ultra-accommodative policy. Policymakers there believe inflation is indeed transitory and that capping interest rates remains the wise course. But this diver...

Is the Bank of Japan brewing up a Netflix-blockbuster-level disaster with its dogged adherence to “yield curve control”? Is Netflix itself a blockbuster-level disaster with its declining subscriber numbers? The U.S. dollar hit a 20-year high against the Japanese yen, as the Bank of Japan announced it would buy an unlimited amount of fixed-rate 10-year Japanese government bonds at 0.25% from April...

The major U.S. equity indexes were all up more than 1% late in Monday’s regular trading session, with the tech-heavy Nasdaq Composite leading the way with a 1.85% gain. Stocks today seem to reflect a strong start to earnings reporting season. According to Bloomberg, 38 of the 48 S&P 500 components that have reported so far have posted positive surprises. Earlier in the day, the yield on the 10-yea...

“The Fed has been in the business of suppressing volatility in financial assets for most of the post-Global Financial Crisis period,” notes Bill Zox, “but they are out of that business now.” According to Zox, co-portfolio manager at Brandywine Capital, tighter financial conditions to contain inflation mean wider credit spreads and lower equity prices. Zox joins Maggie Lake for today’s Real Vision...