Joel Elconin joins me today to share his thoughts on the negative comments out of Apple yesterday and the market moves out of risk on into risk off. It’s important to consider and understand where Apple’s stock has gone over the past 6 months and how this dip is already being bought back slightly. Overall the shift to risk off assets to start this week is noteworthy.
Ed Moya, Senior Market Analyst at OANDA joins me today to address the aggressive move today out of risk off assets (bonds and gold) into risk on assets (US markets). With fears of the Coronavirus diminishing traders are showing they are more than willing to keep reading from the playbook that says throw money into US stocks.
Chris Temple kicks off this week by addressing the selloff in risk on assets today on the back of news that the Coronavirus is spreading. Gold and Treasuries are benefiting but look at the selloff base metals. Now the question is just how low will the correction go for US markets.
I am happy to introduce Peter Hanks, Analyst at DailyFx. Peter and I take a look at the big picture for the markets and money flows. This includes trade updates, central banks policy and the moves so far this year in US markets compared to the safe assets. We also look ahead to 2020 and assess the likelihood of a recession as well as the major driving factors for the markets.
Marc Chandler, Managing Partner at Bannockburn Global ForEx joins me for a comprehensive recap of the market moves this week that continued to push US and international market to higher levels. A lot was on the back of trade optimism which Trump is trying to pullback after his comments today. Pay attention to Marc comments regarding markets not always following fundamentals.
A new guest to the show John Grace, Founder and President of Investor’s Advantage joins me for a discussion on balancing the new market highs with the fear of a significant market meltdown. We are all cognizant of a market breakdown but as US markets continue to extend to all time highs it’s important to not get sucked into going all in on any side of the trade. We dive into the balance between risk off and risk on moves.
Chris Temple, Founder of The National Investor joins me to wrap up the week by explaining why he is going full on defensive with his portfolio.
Click here to visit Chris’s site and sign up for his newsletter.
Mike Larson, Editor of The Safe Money Report shares his thoughts on why he remains in safe assets even when the Fed and other central banks are going down the easy money road. We also discuss the potential scenario where markets do not breakdown but rather these safe assets outperform all the high flaying stocks.
Nicholas Pardini, Managing Partner of the Davos Investment Group joined me yesterday afternoon to discuss a number of topics ranging from Fed policy to the recent positive correlation between risk on and risk off assets. Looking ahead to when the Fed will cut rates, no matter if it’s in July or shortly after, it is signifying another cycle of central bank dovishness out of the Fed. The most important questions are will this be enough to stop a recession and how will the markets digest all even cheaper money.
To find out more about Nicholas’s research please email me at Fleck@kereport.com. His products are very much for the institutional investor.
Mike Larson, Editor of The Safe money Report joined me yesterday afternoon to recap the Fed statement and outline why he is further sticking to his thoughts that now is the best time to be riding safe assets. We get into how gold fits into this picture.
This segment is going on the weekend show but I wanted to share it early with all of you today