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Real Vision: Finance & Investing

Is It Time To Take a Deep Breath?

Real Vision: Finance & Investing

Real Vision

Business News, Business, Investing, News

4.11.1K Ratings

🗓️ 14 November 2022

⏱️ 39 minutes

🧾️ Download transcript

Summary

U.S. equity indexes drifted into mildly positive territory two hours shy of Monday’s close, continuing to digest October’s Consumer Price Index data, relatively dovish words from Federal Reserve insiders, and the still-unraveling FTX situation. With inflation seeming to ebb as a global concern, President Joe Biden is in Bali for his first face-to-face meeting with President Xi Jinping. “I continue to maintain that China is a significant risk for global investors,” notes Komal Sri-Kumar. “That goes for both investors in that country as well as for global markets in general.” The founder and president of Sri-Kumar Global Strategies joins Weston Nakamura to talk about consequences of too-rapid a transition from overly accommodative to overly restrictive monetary policy and what comes next for the economy. We also hear from performance coach Denise Shull of The Rethink Group about how to manage emotion and maximize effective decision-making in high-stress situations. Watch the full conversation between Denise Shull and Maggie Lake here: https://rvtv.io/3E4p2XT. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Transcript

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0:00.0

Okay, so in the last few days, equities rip higher with turmoil going on in crypto markets

0:14.4

that continuing.

0:15.4

We have the dollar dropping sharply along with US yields.

0:17.9

We have crude down.

0:18.9

We have silver continuing to rally is now 23% the past month.

0:23.4

We have Biden and Xi Jinping meeting in person at G20 Bali as dollar you want looks to break

0:28.9

the six handle.

0:30.0

We have all of this on the back of the US CPI coming down to a soaring seven handle and

0:37.0

expectations of a December fed rate hike dropping to 50 base points overnight.

0:41.9

So much going on.

0:43.7

Is it time to take a deep breath?

0:46.0

Welcome to the real vision daily briefing.

0:47.4

It's Monday November 14th, 2022.

0:49.6

I'm West Nakamura.

0:50.6

I'm joined here today with Mr. Komal Srikmar, who is president of Srikmar global global

0:57.0

strategies and welcome back to the daily briefing three.

1:00.7

How are you?

1:01.7

Good to be back.

1:02.7

Rest in and good to be back with you.

1:05.9

Very glad to hear just a quick reminder for the audience, you know, our live chat that

1:09.5

function is down for the real vision site temporarily.

1:13.1

So just drop your questions in the comments section as well as, you know, live channel YouTube

...

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