With Lukasz Tomicki, LRT Capital Management
Lukasz Tomicki of LRT Capital rejoins the podcast to argue his (highly contrarian) case that inflation is due to slow and to provide stock picks that allow investors to take advantage of current dislocations in markets.
- Inflation will peak around mid-year and return to historic norms shortly thereafter (2:43);
- Russia’s invasion of Ukraine and its impact on supply chains have certainly contributed to higher prices for commodities, but markets will adapt (7:01);
- Another contrarian take: The Fed will successfully manage a soft landing (8:55);
- “Russia is basically a gas station with nuclear weapons.” The U.S. and Europe can deal without Russian imports so this shouldn’t be a point of concern (14:20);
- Stocks of two Brazilian companies that have been beaten down but have started to rebound… (20:05);
- A company that has been directly impacted by Russia’s invasion of Ukraine is an IT consulting firm with a large presence in Ukraine whose stock has predictably been beaten up but could offer huge returns (31:38);
- The most likely outcome in Ukraine is for the military situation to grind to a stalemate (35:55);
- A final idea: Buy the Polish stock market through the iShares MSCI Poland Capped ETF (EPOL) (39:50).
More Information on the Guest
Not intended as investment advice.