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Real Vision: Finance & Investing

Bond Vigilantes Grumble as Bitcoin and Equities Recover( w/ Raoul Pal & Ed Harrison )

Real Vision: Finance & Investing

Real Vision

Business News, News, Investing, Business

4.11.1K Ratings

🗓️ 2 March 2021

⏱️ 35 minutes

🧾️ Download transcript

Summary

DB-Mar1,2021. Real Vision managing editor Ed Harrison is hosted by editor Jack Farley to break down the continued breakout in Treasury bonds as the S&P 500 posts its best day since June. Ed and Jack investigate last week’s carnage at the “belly” of the yield curve, the interest rate risk that long-duration bonds are exposed to, and the Reserve Bank of Australia’s ramping up of its QE bond purchases in order to appease the “bond vigilantes” and keep rates pinned. Later, Real Vision CEO and co-founder Raoul Pal joins the show, and he shares his outlook on the risks that rising yields pose to markets as well as the dramatic rebound in the crypto markets. Raoul updates his views on commodities and emerging markets, sharing his key learnings from his interview with Jim Rogers, which aired today on Real Vision. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Transcript

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0:00.0

Heard about Magpie, the vegan pie truck that needed a bit of help from Gold Daddy.

0:03.4

One day the owners are like,

0:04.8

this business hasn't reached this potential.

0:07.2

And the other one goes,

0:08.2

we need a bigger piece of the pie.

0:09.9

And then it hits her.

0:11.1

We need Gold Daddy.

0:12.1

Look, we can get it the main name and create an online store,

0:14.8

so we can sell to more customers.

0:16.8

Now they've gone from serving a couple of pies,

0:19.2

the plug-in nationwide.

0:21.0

And now everyone's like,

0:22.3

vegan pies are the new thing around here.

0:25.0

Wait, no me!

0:26.4

Tid a next step on your business journey with Gold Daddy.

0:42.1

Equities match recovery as longbonds continue to sell off.

0:45.2

Duration risk looms large for some acid allocators.

0:48.0

And central banks in the land down under

0:49.8

show that they're willing to play ball.

0:51.5

Well, Fed Chair Jay Powell follows suit for all of this and more.

0:54.0

I'm joined by Real Vision Managing Editor Ed Harrison.

0:56.8

And if we're lucky,

...

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