There are some amazing extremes in the US bond market right now
Mike Larson, Editor of The Safe Money Report joins me to outline some historical extremes that we are seeing in the US bond market. As much as people want to dismiss the importance of the yield curve inversion the wide range of lower yields are telling a very important story about how worried investors are right now.
Also I will be traveling today back east for a wedding tomorrow. Posting will be light for the next couple days however please keep in touch by emailing me at Fleck@kereport.com. If you have any suggestions on companies to meet with at the Beaver Creek Conference please include those in your email and I will be sure to set up meetings.
Hour 1 – Making Sense Of Risk On and Risk Off Testing Highs
We are not half way through 2019 and we are seeing US markets near all time highs, yields closing in on historical lows, and gold breaking to 6 year highs. In the first hour we try to make sense of it all. Plus we have some comments on gold stocks and the oil market.
Happy Canada Day to all our listeners up north and a happy 4th of July to everyone in the US.
Please keep in touch by emailing me at Fleck@kereport.com.
Segment 1 – Extended Segment – Rick Bensignor, Founder of Bensignor Investment Strategies weighs in on the US markets, treasuries, and gold.
Segment 2 – Marc Chandler, Managing Partner at Bannockburn Global ForEx thinks we are at peak easing expectations and this could all play into the bigger picture for stocks.
Segment 3 – Sean Brodrick, Editor over at Weiss Ratings shares what he looks for in gold stocks and cannabis stocks.
Segment 4 – Josef Schachter, Founder of the Schachter Energy Report updates us on his trading strategy for oil and oil stocks.
Exclusive Company Interviews and Comments This Week
Treasuries, Oil, and Gold – What’s Important To Watch Both Fundamentally and Geo -Politically
Ed Moya, Chief Market Strategist at Oanda joins me to share his thoughts on a couple of market we follow on a regular basis. There continues to be a move into safe haven assets however when considering if it is financial or economic or political we need to really watch what is going on around the world.
Wrapping Up The Couple Headlines That Drove Markets Higher Today
A market wrap with Chris Temple… We started the day with a bad retail sales number that had the market open down. Throughout the day they were bought on some trade talk where Trump pushed back tariffs on autos. Then after market we have Trump wrapping up tensions with China. All of these stories are disused as well as the treasury market moving higher now at levels not seen since 2016.
Brien Lundin, Editor of The Gold Newsletter joins me to address the fact that gold has been lagging the other safe haven investments. With the USD on an uptrend putting in higher highs and lows and bonds continuing higher, gold still has not broken out or established a more long term uptrend.
Joel Elconin, Co-Host of the Benzinga Pre-Market Show joins me to share his thoughts on the buy everything attitude for investors. Now that the S&P has continued higher this week there is very little/no resistance left until the 2,900 region. We discuss just how important the Fed is to this rally as well as the relative out-performance of the US to every other country.
Hour 1 – Investment Strategies For The Broad Markets and Resources
It’s a very interesting market right now. The Powell put seems to overwhelm everything else as US markets continues to trend higher closing the week at it’s highs. However we are seeing defensive sectors also garner a buy. In this weekend’s show I send the first two segments talking about the makeup of the recovery in the broad averages. In the last two segments we shift our focus to the precious metals and energy sector.
Segment 1 – Fund Manager Dana Lyons kicks off the show with his insights on the rise in the US markets. He still thinks the bear market started last year.
Segment 2 – Mike Larson, Editor of The Safe Money Report compares the bond market to the broad averages and shares a metals investment that he has entered.
Segment 3 – We kick off the resource focused segments with Erik Wetterling, Founder of The Hedgeless Horsemen. Erik outlines how he is managing his portfolio to take advantage of the low share prices.
Segment 4 – Josef Schachter, Founder of The Schachter Energy Report shares his thoughts on the oil and natural gas sectors. The overall message is short term cautious but long term bullish.
Chris Temple joins me to weigh in on Jerome Powell’s interview with 60 Minutes over the weekend. Powell, who Chris argues has turned political like all of his predecessors, has driven home the fact that the Fed is worried about the markets and will not hesitate to jump in and save them. Listen in to find out just how weird the market reaction has been.
On this weekend’s show we take a look into 2019. We start with the resource sector by moving from precious metals to base metals. In the final two segments we move all over the place covering US markets, the USD, oil, and treasuries.
I hope you all have a happy New Year! Please keep in touch by emailing me at Fleck@kereport.com.
Segment 1 and 2: Adrian Day, CEO of Adrian Day Asset Management share his predictions for 2019 in precious metals and base metals. He Also starts off by giving his thoughts on the recent Evrim drill results.
Segment 3: Rick Bensignor, Founder of Bensignor Investment Strategies looks into 2019 for the main market drivers, oil, and the treasury market.
Segment 4: Marc Chandler, Managing Partner at Bannockburn Global ForEx shares his thoughts on US markets and the major sectors to watch in
Chris Temple joins me to recap the Fed rate hike and the comments made by Jerome Powell in the press conference. The Fed raised rates but did adjust the expected hikes for next year down to 2, from 3. The markets across the board did not like the statement and press conference and sold off into the close. We discuss the balance sheet unwind, rate hike projections, and address what this now means heading int o 2019.