The Vision - December 2019

Welcome to The Vision, your monthly round up of finance news, market insights, and other slices of knowledge I think you might find useful. That’s the criteria… but 3 days is a month in investing right now so we may stray from it occasionally. Click subscribe to be notified of each edition.

Building A New Future Framework

All of the pieces in this month’s newsletter come from one of the many intellectual powerhouses who spoke at the recent Real Vision Blacklist event in London, The World in 2020. And I can think of no one to better kick off than Dr. Pippa Malmgren, H Robotics co-founder, economist, best-selling author, and ex-presidential advisor (and I’m probably leaving out a couple more titles…) As we reach the end of a year of political drama and no small amount of angst, this riveting interview with Pippa provides a much-needed dose of optimism and outside-the-box thinking. You can watch it for free right here.

Silver and Gold in the Modern Portfolio 

Any Macro Insiders subscribers reading this will know we had some large wins on precious metals this year, and it’s safe to say I’m still long-term bullish… This 30-minute video from Merian Global Investors’ Ned Naylor-Leyland is a sharp, balanced education on the 5W’s of gold and silver investing (who, what, where, when, why), as well as addressing the question “how much?” We’ve made this available for you to watch, absolutely free.

The Escalating Trade War Between the US and China 

The year is 2030 and the market has just ticked higher on news that a China-US trade deal is near… Well, not quite but it is quite amazing how the market keeps reacting to the same old trade deal “news.” To dig into what’s actually going on, Mike Green took to the Real Vision interviewer’s chair to talk to Marko Papic, partner and chief strategist at the Clocktower Group. To find out why Real Vision subscribers have called this “one of the best interviews on Real Vision,” “completely outstanding,” and “phenomenal,” please step this way to watch it for free.

The Central Banks' Monetary Policy Is Backfiring

Another leading macro light comes in the form of Variant Perception co-founder Simon White, who provides one of the most concise, data-driven takes around on conventional monetary policy. In this interview, (available for you to watch for free), Simon lays out not just the death spiral of conventional monetary policy, but also the three main structural changes he foresees as a result. Those changes are game-changing, not for the faint-hearted… and also excruciatingly realistic.

Prepare For A Japanese Banking Meltdown?

Shannon McConaghy of Horseman Capital brought a fascinating deep-dive perspective on Japan to The Blacklist World in 2020 event. Luckily, Real Vision sat down with Shannon for our Recession Watch series earlier this year… it was an incredible piece, fascinating, and his take was completely new to me. If you haven’t watched it, you are really missing out, which is why you can now watch it for free right here.

Spotting Bubbles: The Biggest Risk to the Financial System

Diego Parrilla, Managing Partner at Quadriga Asset Partners, is one of the most original thinkers in the industry. His take on bubbles and anti-bubbles is both profound and massively important, and his intellectual honesty in saying he sincerely hopes he is wrong about “Lehman Squared” is to be applauded. You can watch this wonderful interview for free through this link, and of course, I highly recommend the book he is talking about, The Anti-Bubbles (Blacklist members got it for free at The World in 2020, but it should be available at good bookstores near you – or online…)