It’s the Return of the Safety Trade

Real Vision: Finance & Investing

Real Vision

Business News, News, Investing, Business

4.1 • 1.1K Ratings

🗓️ 21 November 2022

⏱️ 33 minutes

🔗️ Recording | iTunes | RSS

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Summary

It’s a Thanksgiving-abbreviated trading week in the U.S., but there’s no lack of compelling evidence to sift this Monday. Stocks were mixed two hours ahead of the close, but long-duration Treasury yields had sent a decidedly risk-off message on signs the domestic economy is slowing. Crude oil prices reached lows not seen since January, with OPEC denying reports it will discuss production increases when it meets in December. And we’ll have more insight on central bank thinking when minutes from the recent Federal Open Market Committee meeting are released on Wednesday. Greg Weldon, the CEO of Weldon Financial, joins Andreas Steno Larsen for today’s Daily Briefing to talk about what a re-assertion of dollar strength means for the market right now. We also hear from Michael Gayed about the implications of falling U.S. Treasury yields in an excerpt from the October 28 Daily Briefing. Watch the full conversation between Michael Gayed and Andreas Steno Larsen here: rvtv.io/3VizvWO. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Transcript

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0:36.0	Hi everyone and welcome to the real vision daily briefing.
0:40.0	This is Andreas Dino speaking to you live Monday the 21st of November.
0:45.0	We've basically seen a research in the US dollar in today's trading action
0:51.0	alongside slightly lower equities, but is something happening beneath the surface here?
0:57.0	We've basically seen a tendency towards normal risk on risk of patterns resurfacing.
1:02.0	And could this be driven by a major move in focus from global central banks?
1:09.0	I will ask that question to a fan favourite on real vision.
1:12.0	Greg Weldon founder of Weldon Financial.
1:15.0	It's good to have you back on the platform.
1:17.0	Greg, welcome to the show.
1:18.0	It's my pleasure. Thank you.
1:21.0	Well, Greg, let's do first things first.
1:25.0	I asked the question today whether something major is happening beneath the surface
1:30.0	when it comes to global central banks.
1:32.0	Do you concur with that view and what is it?
1:35.0	Yeah, I absolutely do.
	...

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