Blog
08/29/2023 - Group Meeting with Jefferies Global Strategist Chris Wood
08/22/2023 - The Roundtable Insight – Danielle DiMartino Booth and Yra Harris on Interest Rates, Inflation and U.S. Banks Challenges
07/28/2023 - The Roundtable Insight Vision Series – Charles Hugh Smith on Currencies and Financial Repression
07/28/2023 - The Roundtable Insight – Sustainability in Sports
Podcast to be posted shortly
07/25/2023 - The Roundtable Insight – Judd Hirschberg Analyzes the Financial Markets
07/18/2023 - Marko Papić: «Everything Is in Place for a Capex-Driven Commodity Super-Cycle»
“There are two countries producing nickel: Indonesia or Russia. That’s basically it. And Indonesia has already telegraphed its intention. They banned the export of raw, unrefined nickel and forced China to invest $20 billion worth of infrastructure to move its nickel production to Indonesia. Next, they’re going to ban the export of refined nickel as well, so other countries have to build their battery factories in Indonesia. And then, they’re going to wait another couple of years and ban the export of batteries, so the manufacturing of EVs has to take place in Indonesia too. That’s why I’m super bullish on Indonesia, they know what they’re doing. ”
07/18/2023 - Yra Harris: So Many Piles of Dry Tinder
“Why is the Swiss franc so strong against the dollar, as well as many other currencies? The current dollar/Swiss rate is challenging the January 12, 2015 weekly close of 0.8588, which was the week the SNB pulled the floor out from under the Eur/Chf cross, sending the Swiss franc soaring as the market had been heavily short FRANCS.
Yes, the dollar has been under pressure for a few weeks but why the Swiss with its interest rates of 1.75%? It may be that the SNB is SELLING some of its equity holdings (Apple and others) in an effort to take advantage of the recent global equity rally. When the SNB does QT they are selling assets that have generated huge profits, unlike the FED and the ECB, which own sovereign debt that is severely underwater.
We won’t know if this THEORY holds until we see the next release of the SNB’s balance sheet but something to watch. The Swiss may be the world’s greatest alchemists as they printed money and purchased real assets/corporations.”
07/13/2023 - The Roundtable Insight – Daniel Lacalle and Yra Harris on Interest Rates, Policies, Inflation and Commodities
07/13/2023 - The Roundtable Insight – Katie Stockton, Peter Boockvar and Yra Harris on Converging Technical and Fundamental Analysis of the Markets
Download the Podcast in MP3 – but suggest video to see the charts
07/07/2023 - The Roundtable Insight – Rafi Farber and Yra Harris on the Economy and the Financial Markets
06/30/2023 - Larry McDonald: «Value over Growth is the Trade for the Second Half of 2023»
“Larry McDonald, creator of «The Bear Traps Report» and New York Times best-selling author, thinks inflation will remain much more stubborn than investors currently hope. He explains why he spots the best opportunities in attractively valued energy, metals and mining, and emerging markets stocks.”
06/26/2023 - U.S. Losing Its Key Export Markets
Mish Shedlock:
“United States Top 10 Exports
- [Petroleum Products] Mineral fuels including oil: US$378.6 billion (18.4% of total exports)
- Machinery including computers: $229.6 billion (11.1%)
- Electrical machinery, equipment: $197.7 billion (9.6%)
- Vehicles: $134.9 billion (6.5%)
- Aircraft, spacecraft: $102.8 billion (5%)
- Optical, technical, medical apparatus: $99.1 billion (4.8%)
- Gems, precious metals: $92.5 billion (4.5%)
- Pharmaceuticals: $83.5 billion (4%)
- Plastics, plastic articles: $83.3 billion (4%)
- Organic chemicals: $51.1 billion (2.5%)
The above list represents 2022, from United States Top 10 Exports
Biden Policy Impact
- Biden energy policies would kill #1, and curtail # 9 and #10.
- Bidens restrictions on sensitive machinery and chips will reduce #2, #3, #5, and #6 exports to China and Russia.
China itself seeks to curtail #4 and #5. What remains are gems, precious metals, and pharmaceuticals.
I am surprised grain exports are not in the top 10. But as Biden has riled China on a number of fronts, it has increasingly turned to Brazil.”
06/23/2023 - The Roundtable Insight – Doomberg, Dr. Anas Alhajji, Adam Rozencwajg and Yra Harris on the Energy Markets
06/16/2023 - Reposted – Louis-Vincent Gave and Yra Harris on China, Japan, Europe, LATAM and U.S. Markets
05/25/2023 - The Roundtable Insight – Kevin Muir and Yra Harris on “1982 in Reverse”
05/23/2023 - The Roundtable Insight – Michael Every and Yra Harris – A New World Vision
05/16/2023 - The Roundtable Insight – Sam Burns and Yra Harris on the Economy and the Financial Markets
04/30/2023 - The Roundtable Insight – Judd Hirschberg Analyzes the Financial Markets
04/26/2023 - The Roundtable Insight – Rick Rule and Yra Harris on Resource Investing and the Economy
04/25/2023 - Dr. Albert Friedberg Quarterly Update
