Geopolitical Expert Marko Papic on Ukraine, Commodities, and Ignoring the Media Noise
Stansberry Investor Hour
Stansberry Research
4.4 • 677 Ratings
🗓️ 27 January 2022
⏱️ 71 minutes
🧾️ Download transcript
Summary
The current tensions between Russia and Ukraine have been all over the news… perhaps even contributing to this week's big market sell-off.
But Dan Ferris' guest this week on Stansberry Investor Hour has some reassuring words for any concerned listeners: You can relax.
Dan sits down with one of his favorite guests -- geopolitical expert Marko Papic, who is the Partner and Chief Strategist at an alternative investment asset management firm. Marko is Dan's "No. 1 macro guy" and specializes in geopolitics, macroeconomics, and markets. And Marko says it's life as usual right now for folks in Ukraine, and the media noise surrounding the possibility of war is just over-done news hype…
Marko clarifies that if a war does happen, yes of course there would be global and market implications. But for right now, it’s just a local regional issue being sensationalized by the media.
They also discuss inflation, which Marko says will continue to be an issue. He reminds everyone "This isn't the 1970s…" and that regular folks today "don’t have the stomach for a real recession" needed to fight inflation.
Dan plays a bit of devil's advocate with him about commodities and emerging markets investing, which Marko says is his No. 1 capital allocation idea right now. Despite this being a contrarian idea, he tells Dan that "commodity-linked plays should pay off in 2022."
They touch on COVID's continuing effect on the markets, as well as value-growth trades. Plus, don’t miss Dan's opening rant about this week's "flash crash."
Transcript
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| 0:00.0 | Broadcasting from the Investor Hour Studios and all around the world, you're listening to the Stansberry Investor Hour. |
| 0:11.5 | Tune in each Thursday on iTunes, Google Play, and everywhere you find podcasts for the latest episodes of the Stansberry Investor Hour. |
| 0:20.0 | Sign up for the free show archive at InvestorHour.com. |
| 0:23.6 | Here's your host, Dan Ferris. |
| 0:25.6 | Hello and welcome to the Stansberry Investor Hour. |
| 0:29.6 | I'm your host, Dan Ferris. |
| 0:30.6 | I'm also the editor of Extreme Value published by Stansberry Research. |
| 0:35.6 | Today, we'll talk with my number one macro guy, Marco Papage. |
| 0:42.3 | We'll check in with him about Ukraine and other topics. |
| 0:45.8 | In the mailbag today, questions about bank deposits, tech stocks, and more. |
| 0:51.2 | And remember, you can call our listener feedback line, 800, 3812357. Tell us what's on your mind and hear your voice on the show. |
| 0:59.5 | For my opening rant this week, did you notice the flash crash on Tuesday? I'll talk about that and more right now on the Stansberry Investor Hour. |
| 1:23.0 | What flash crash am I talking about? |
| 1:32.2 | Well, I'm talking about the print in the SPY, the Spider S&P 500 ETF. |
| 1:35.5 | It is the biggest ETF in the world. |
| 1:46.1 | It has, according to data compiled by Bloomberg, a market cap of just over 400 billion, right? |
| 1:47.5 | Biggest ETF in the world. |
| 1:51.7 | I mean, and the S&P 500, biggest equity index in the world. |
| 1:54.5 | There's more, there's well over a trillion. |
| 1:56.6 | Actually, they were saying a trillion a couple of years ago. |
| 2:02.9 | It's probably trillions now attached to the S&P 500 index. |
| 2:11.9 | So Tuesday, January the 25th, at around 208 p.m. Eastern time, I don't have the exact moment. |
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