Press "Enter" to skip to content

Tag: recession

‘Options Mike’ on the Coming Year-End Rally for Stocks (Szn 4, Ep. 33)

Published December 1, 2022

This podcast episode brought to you by Covey — Covey is designed to find, reward, and train the next top investment managers —from any background—that anyone can copy, so everyone can win.

Michael Pisani, aka Options Mike, joins the podcast to discuss why he’s anticipating a year-end rally in stocks. 

Content Highlights

  • It’s been a tough year for stocks and risk assets. That may be about to change (2:10);
  • Jerome Powell and the Fed have twice this year fooled markets into anticipating a pivot. But something has changed and the FOMC is no longer unanimous with its hawkishness (4:04);
  • There is still a lot of cash still on the sidelines (6:46);
  • Specific areas of the market Pisani likes here. And specific stocks, primarily Ford (F) and to a lesser extent General Motors (GM), both as longterm plays (11:42);
  • Another stock he’s bullish on: Snowflake (SNOW) and several that are candidates to go to zero (12:33);
  • An easy contrarian play: ARK Innovation ETF (ARKK). Yes, really (15:46);
  • Pisani’s take on cryptos (18:31);
  • Background on the guest (23:44).

More on Options Mike

Not intended as investment advice.

Video Highlights From Our YouTube Channel

More‘Options Mike’ on the Coming Year-End Rally for Stocks (Szn 4, Ep. 33)
Leave a Comment

Prepare for a ‘Long Slog’ in Stock Markets as Fed Hikes Continue: Bob Elliott (Szn 4, Ep. 31)

Published November 9, 2022

Bob Elliott, chief investment officer of Unlimited Funds, joins the podcast to discuss his views on the Federal Reserve, inflation, the midterm elections, and why stocks have entered a long ‘slog’ for the foreseeable future.

Content Highlights

  • Investors have been conditioned for recessions to feature a fast decline in equity markets followed by a rapid recovery. This time around those dynamics are different (3:44);
  • There is no chance of a ‘Fed pivot’ coming anytime soon (7:58);
  • What about infighting at the Fed and within the FOMC? (11:03);
  • Yes, you need unemployment to increase for there to be any progress with inflation. Higher prices are no longer due to supply chain issues (13:57);
  • The Fed will raise either 50bps or 75bps at its next meeting and rates could easily go up to 6% (21:22);
  • Background on the guest and his ETF, the Unlimited HFND Multi Strategy Return Tracker ETF. Stock ticker: HFND (26:19);
  • The growing disconnect between hedge fund positioning and retail investors: Hedge funds are short bonds, long commodities, bullish gold, and are sitting on a bunch of cash… (36:21);
  • The Fed’s target rate for inflation is 2%, but that could change. That would bring a myriad of issues… (38:24);
  • It’s hard to get bullish about longterm bonds: right now and for the foreseeable future (40:54);
  • Investors continue to look for reasons that the economy is slowing and the Fed needs to reverse course. There is virtually no evidence of this happening (42:44);
  • The midterm elections are likely to lead to a split government. This brings tail risks that few people are talking about (44:50).

More Information About Bob Elliott

Quick Video Highlights From Our YouTube Channel

MorePrepare for a ‘Long Slog’ in Stock Markets as Fed Hikes Continue: Bob Elliott (Szn 4, Ep. 31)
Leave a Comment

The Fed’s Inflation Battle Is Doomed to Fail: Fabian Wintersberger (Szn 4, Ep. 28)

Published October 12, 2022

Fabian Wintersberger joins the podcast to discuss his views on the economy, inflation, and Fed policy.

Content Highlights

  • The Fed will not succeed at bringing inflation down to 2%. There will be no soft-landing for the economy (2:48);
  • Interest rate hikes will proceed until something breaks in the real economy, forcing the Fed to reverse course (5:04);
  • Bond yields: We haven’t seen the highs yet (8:16);
  • Background on the guest (14:10);
  • The situation in Europe. Central banks have no choice but to follow the Fed higher (16:38);
  • The situation in Wintersberger’s native Austria, which faces an unprecedented winter with dramatically higher energy costs (18:55);
  • Austria has historical ties to Russia, including in its banking sector, where one institution still has business in the country… (23:27).

More About Fabian Wintersberger

Quick Highlight Clip From Our YouTube Channel

MoreThe Fed’s Inflation Battle Is Doomed to Fail: Fabian Wintersberger (Szn 4, Ep. 28)
Leave a Comment