Is This the Beginning of a New Bull Market?

Real Vision: Finance & Investing

Real Vision

Business News, News, Investing, Business

4.1 • 1.1K Ratings

🗓️ 2 February 2023

⏱️ 37 minutes

🔗️ Recording | iTunes | RSS

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Summary

U.S. equities continue to see broad gains in intraday trading after yesterday’s conference with Federal Reserve Chair Jay Powell, who announced a 25-basis point rate hike. Today, both the European Central Bank and the Bank of England hiked rates by 50 basis points. RTM Capital Advisors CIO Mark Ritchie II sees this as further proof of a new bull market. He’ll join Maggie Lake to unpack this “Run of the Bulls 2.0” and discuss the price action in gold and crypto. Plus, we’ll hear from natural resources investor Rick Rule on why he sees upside in precious metals. Watch the entire Looking for the Upside episode here: https://rvtv.io/3X0Vl16 Learn more about your ad choices. Visit podcastchoices.com/adchoices

Transcript

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0:00.0	This summer it's time to get to know the players and your taste buds.
0:08.9	Stats don't lie, if 70% of the UK prefers to taste the Pepsi Max, you probs prefer Pepsi
0:14.7	Max.
0:15.7	First for more, visit PepsiMax.wispotify.com to enter our quiz to win gig tickets and
0:20.5	find your perfect playlist.
0:22.3	UK blind tastes test of over 34,000 people versus UK's biggest selling full sugar cola.
0:26.5	The verification goes to Pepsi.co.uk forward slash FAQ.
0:56.5	Is it time to get aggressive on risk assets?
1:04.0	Hi everyone.
1:05.0	Welcome to the Real Vision Daily briefing with me today is Mark Richie, the second CIO of
1:10.0	RTM Capital Advisors who's going to walk us through this market breakout that we've
1:14.9	seen.
1:15.9	And we've asked Andreas to join us as well at the top to get some reaction to the rate
1:19.4	decisions by the European Central Bank and the Bank of England.
1:22.3	We've got a lot going on.
1:23.8	Hi to both of you.
1:25.4	Hi Maggie.
1:26.4	Happy growing hog day guys, great glad to be here.
1:29.5	Oh yeah, we forgot to add that to the list of things going on.
1:33.6	I've been so busy.
1:34.6	I haven't even paid attention, but Mark, you're going to give us the technicals on.
1:37.9	I found out there's not just Poxytani Phil, by the way, there's like a whole bunch of
	...

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