Has the Equity Market Rally Run Its Course? w/ Cem Karsan

Real Vision: Finance & Investing

Real Vision

Business, Business News, News, Investing

4.2 • 1K Ratings

🗓️ 31 May 2023

⏱️ 37 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

This episode of the Real Vision Daily Briefing is sponsored by Kalshi. Take a position on whether the US debt ceiling will be raised, or whether the Fed will hike rates. Sign up at kalshi.com/realvision now to claim $15 towards your first event contract, today. Debt ceiling deal progress propels the US market. Eric Johnston, head of equity derivatives & cross-asset for Cantor Fitzgerald, sits down with Maggie Lake to discuss his perspective on the current state of equities and the possibility of reaching the top of the economic cycle. You can find more of Eric's work here: https://www.cantor.com/Cem Karsan, the founder of Kai Volatility Advisors, sits down with Maggie Lake to discuss volatility, sticky inflation, and why he thinks a continued market rally could be "dangerous." You can find more of Cem's work here: https://www.kaivolatility.com/ Learn more about your ad choices. Visit podcastchoices.com/adchoices

Transcript

Click on a timestamp to play from that location

0:00.0	Today's episode of the Real Vision Daily Briefing is sponsored by Calche.
0:03.7	We've talked about a few key events on this show recently, notably the debt ceiling negotiation
0:08.4	going on right now, and we've come across a platform that allows you to trade directly on its outcome.
0:14.4	Calche is a federally regulated exchange backed by Sequoia Capital, Y Combinator,
0:19.4	Charles Schwab, and other top investors that have invented a new asset class, event contracts.
0:25.3	Event contracts allow investors to take yes or no positions on events such as whether the US
0:30.4	will default on its debt obligations, whether the Fed will hike rates in June,
0:34.8	what Biden's approval rating will be next month, and much more. Calche's event contracts
0:39.6	allow you a chance to profit from being right about where the world is heading in targeted ways,
0:44.3	and is offering Real Vision listeners $15 when they sign up using the link Calche.com
0:50.1	Slash Real Vision right now. Again, that's Calche.com Slash Real Vision to claim your $15 credit now.
1:05.2	How's the equity market rally run its course? Hi, everyone. Welcome to the Real Vision
1:09.0	Daily Briefing with me today is Jim Carson, founder of Kai Volatility. Hey there, how are you?
1:14.7	Hey, how are you? I'm doing well, thanks. We are still waiting on the final deal on the debt
1:22.3	ceiling, but how are you thinking about the markets as we sort of work our way through this final stage?
1:30.3	Oh, wow, that's a big question. There's a lot of moving parts here. I think first and foremost,
1:35.5	we'd be remiss if we didn't start with kind of the biggest story, which is kind of breadth,
1:41.5	right, and the lack thereof. NVIDIA is the tip of the spear on that and all the AI kind of
1:50.1	excitement, exuberance, right? The reality is, I think very few people understand why
1:59.2	breadth is important. It has a direct connection to volatility. Everybody thinks indexes are a
2:08.9	constituent of its parts because that's what we've all been taught, right? And index indexing itself
2:14.4	takes the single stocks adds them together and it equals the index. But in today's day and age,
	...

Please login to see the full transcript.

Previous episode | Next episode

Disclaimer: The podcast and artwork embedded on this page are from Real Vision, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of Real Vision and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.