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Real Vision: Finance & Investing

Bulls on Parade? with Mark Ritchie II

Real Vision: Finance & Investing

Real Vision

Investing, Business News, News, Business

4.11.1K Ratings

🗓️ 13 July 2023

⏱️ 33 minutes

🧾️ Download transcript

Summary

Mark Ritchie II, managing partner and CIO of RTM Capital Advisors, joins Maggie Lake to discuss the encouraging inflation data this week, what it means for the current global macro environment, and whether this rally can breakout further. Plus, Mark will dive into some specific assets he’s monitoring. This episode is sponsored by KraneShares KRBN ETF, the first, largest, and most liquid carbon ETF on the market. Please read the prospectus before investing at https://kraneshares.com/KRBN/realvision. Investing involves risk. Principal loss is possible. KRBN is distributed by SEI Investment Distribution Company (SIDCO). Disclaimer: Carefully consider the Funds’ investment objectives, risk factors, charges and expenses before investing. This and additional information can be found in the Funds' full and summary prospectus, which may be obtained by visiting www.kraneshares.com. Read the prospectus carefully before investing. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Transcript

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0:00.0

Hey, everyone. Today's Real Vision Daily Briefing is sponsored by Crane Shares.

0:04.4

Learn about their KRBN ETF at craneshares.com forward slash KRBN.

0:12.0

Now to the top analysis of today's markets.

0:14.6

Our stocks poised for a bull run. Hi, everyone. Welcome to the Real Vision Daily Briefing.

0:33.1

With me today is Mark Richie, the second manager of RTM3.

0:36.7

Hi Mark, how are you? Great Maggie. Lots to talk about. Thanks for having me back.

0:40.9

Oh my gosh, there is a lot to talk about. We had a bunch of headline, a bunch of news for investors

0:45.3

to come through today. One of the bigger ones being right out of the gate, another team inflation

0:49.8

reading, a lower than expected PPI, really confirming that CPI release that got things going

0:55.3

yesterday. We have all the US major US stock markets, treasure yields continuing to back up,

1:02.5

and the dollar, the US dollar moving lower. When you look across the landscape, Mark,

1:07.0

what's really top of mind for you right now?

1:09.1

Well, for starters, if you want to put a headline on this, I would say bullish

1:15.6

confirmations across the board in terms of really for our work at Minervini Private Access

1:22.3

and which is what we use at RTM, confirms everything that we kind of thought in terms of a

1:28.2

major market bottom potentially in January. And if you remember you and I talked about that back then

1:33.1

and really over the last four or five months, it's been, I would say a matter of question whether

1:40.0

or not this is just a cyclical rally versus the start of a new bull market. And of course,

1:44.4

the reality is nobody, you know, I don't have a crystal ball here. I never have what I make

1:50.2

these calls. I'm using them in a variety of different indicators and then watching how things

1:56.0

play out. So sort of changing my view, one card at a time as it comes out of the deck. And I'm

2:00.8

saying what we've seen over the past four or five, six weeks has all been confirmations in my view

...

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