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Most Recent Audio: 29 September 2023

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Friday's Audio always provides the big picture

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2021 Audio Archive

December 2021

Audio Date Play Save Content Duration
31-12-2021 Save Big Picture Long-Term Audio for the various different asset classes 58.49mins Back to top
30-12-2021 Save lithium, rare earths, resources, oil, gold bouncing, ex-US markets look ripe to play catch-up with Wall Street, biodegradable polymers unloved. 25:40mins Back to top
29-12-2021 Save Turkish Lira slides, South African rand weak but stock market firm, Yen weak, Japanese stocks firm, Wall Street stable but yields are rising, gold rebounds from intraday lows, bitcoin and ethereum weak. 23:40mins Back to top
23-12-2021 Save Big Picture Long-Term Audio for the various different asset classes 57:23mins Back to top
22-12-2021 Save Ethereum holds $4000, Dollar eases, gold rebounds, oil firm, industrial metals continue to rebound, Euro steadies, FANGMAN + Tesla shares rebound and extend outperformance relative to the wider market. Bond yields pause. 23:07mins Back to top
21-12-2021 Save Santa Claus rally beginning on enthusiasm about future fiscal support, China property developers steady, India tests the trend mean, oil steadies, European natural gas surges to new highs, bond yield steady, dollar stable. 22:34mins Back to top
20-12-2021 Save Stocks markets gap lower but rebound towards the close, oil firms following steep inital selloff, so does bitcoin, gold and bonds ease, Turkey rebounds, Chile sells off. omicron variant is a wild card for China, Hong Kong very oversold. 20:53mins Back to top
17-12-2021 Save Big Picture Long-Term Audio for the various different asset classes 1h5mins Back to top
16-12-2021 Save Whippy environment persists, tech reverses most of yesterday's bounce, gold, silver and gold miners rebound, European natural gas becoming a stagflation crisis, bond yield compress, 25:18mins Back to top
16-12-2021 Save Whippy environment persists, tech reverses most of yesterday's bounce, gold, silver and gold miners rebound, European natural gas becoming a stagflation crisis, bond yield compress, 25:18mins Back to top
15-12-2021 Save Fed announces taper and rate hikes as expected, relief rally underway, fintech rebounds, ethereum upside key reversal, gold and oil steady, Wall Street rebounds, China property still under pressure and will require more urgent action soon. 17:39mins Back to top
14-12-2021 Save Risk assets remain under pressures ahead of Fed decision, bonds steady, oil eases, bonds stable, Dollar firm, gold eases. UK/EU natural gas surges. 19:47mins Back to top
13-12-2021 Save Risk-off squeezing risk assets, Wall Street, ethereum breaks down, platinum/palladium ratio breaking out, European natural gas crisis intensifies, gold steady, Dollar firm, 21:21mins Back to top
10-12-2021 Save Big Picture Long-Term Audio for the various different asset classes 1h13mins Back to top
09-12-2021 Save Bitcoin sells off ahead of the weekend, carbon credits pull back on omicron fears for the EU economy, Dollar firm, high yield spreads test the 200-day MA, Wall street pauses. 30:04mins Back to top
08-12-2021 Save Dollar eases, Renminbi breaks out, Wall Street extends advance, oil and natural gas steady, broadening of breadth beginning to appear which supports the medium-term bull market. 22:54mins Back to top
07-12-2021 Save Wall Street continues to rebound with continued money growth, strong commonality across all stock markets, oil rebounds, gold steady, Dollar continues to strengthen. 20:32mins Back to top
06-12-2021 Save stocks rebounds as omicron fears retreat, bitcoin rebounds from flash crash low, reopening shares back in favour, bond yields climb. 24:01mins Back to top
03-12-2021 Save Big Picture Long-Term Audio for the various different asset classes 53:18mins Back to top
02-12-2021 Save Wall Street rebounds from first short-term support levels, oil steadies, bonds ease, gold weakens further, Dollar steady, most global stock markets due a bounce. 26mins Back to top
01-12-2021 Save Wall Street fails to hold early strength, oil sags, bitcoin eases following early strength, Solar weak, payments processors extend breakdowns. gold eases back. 24:43mins Back to top

November 2021

Audio Date Play Save Content Duration
30-11-2021 Save Fed tapering talk sends stocks lower, 99% down day on the S&P500 but reaction still less than 5%. Dollar eases, bonds firm, gold and oil weak. 19:12mins Back to top
29-11-2021 Save VIX pulls back, Nasdaq bounces, oil weak and Dollar steadies. Omicron risk remains but importantly may defray risks from tighter policy or higher rates. 18:29mins Back to top
26-11-2021 Save Big Picture Long-Term Audio for the various different asset classes 55:54mins Back to top
25-11-2021 Save Brazil interest rates up 565 basis poiints this year but still with negative real yields, coffee steady, soybeans finding support, copper steady, China eases property restrictions, Dollar remains firm which supports Wall Street 22:28mins Back to top
24-11-2021 Save Stock markets steady but the Dollar continues to support Wall Street's dominance. bond yields pause, gold steady, oil eases, Euro devaluing against the Renminbi supports competitiveness, 21:23mins Back to top
23-11-2021 Save Some of the topics discussed include: FANGMANT pause, unprofitable companies pull back sharply, bonds continues to trend lower, Precious metals have short-term oversold conditions, industrial metals steady, China targeting fresh stock market sectors, India begins to steady, Dollar firm, Yen and Euro weak. 21:29mins Back to top
22-11-2021 Save risk-off on Powell being less dovish than Brainard. Nasdaq-100 downside key day reversal, bitcoin pulls back from $60,000, ethereum tests $4000, Bonds yields continue to firm but yield curve stable, cloud computing leading on the downside. Dollar only risk-off asset breaking out suggest deleveraging. 20:08 mins Back to top
19-11-2021 Save Big Picture Long-Term Audio for the various different asset classes 53:47mins Back to top
18-11-2021 Save RBA delays raising rates, weights on banks, stay at home champions breaking out, virus spreading in Europe again, vaccine producers mixed, China growth moderating, crypto weak, gold steady, oil firms from $80. 23:29mins Back to top
17-11-2021 Save triumph of hope over reality continues, euro oversold, stocks ease, oil eases, gold rebound, cryptos find short-term support, 27mins Back to top
16-11-2021 Save Wall street steady but speculation in new companies continues to build, Europe and Japan gains eroded by weak currencies, China recovering, oil steady, gold weak, bitcoin and ethereum pull back. 20:56mins Back to top
15-11-2021 Save private equity exits and interest rate sensitivity, bitcoin rally fading, gold steady, nasdaq easing back, value indices like Europe, UK, Japan and emerging markets doing better. 21:02mins Back to top
12-11-2021 Save Big Picture Long-Term Audio for the various different asset classes 1h4mins Back to top
11-11-2021 Save gold as monetary metal appreciating in all currencies, bitcoin and oil stable, stocks mixed, emerging markets firming with China stabilising, bonds extend declines. 22:03mins Back to top
10-11-2021 Save inflation surges in China and the USA, bond yields bounce emphatically, gold breaks out, oil and bitcoin downside key reversals, wheat breaking out rotation in inflationary pressures evident. 20mins Back to top
09-11-2021 Save gold firm, bonds yields compress, stocks pause, oil firm, food prices appreciating, pressure on semiconductor supply easing, 24:26mins Back to top
08-11-2021 Save Cryptocurrencies firm or breaking out, gold and oil steady, stock markets continue to firm and bonds ease. 21:56mins Back to top
06-11-2021 Save Big Picture Long-Term Audio for the various different asset classes 1h9mins Back to top
05-11-2021 Save inflationary pressures remain lumpy, Baltic Dry Index continues slump, oil steadies, semiconductor shortage peaking, bond yield extend contraction, gold pops on the upside, bitcoin quiet but semiconductors strong. 24:35mins Back to top
04-11-2021 Save Pound continues to pull back from the upper side of its base. developed markets compete for weakest currency, China property remains under pressure, Australian dollar continues to ease, stocks steady, iron-ore weak, shipping rates break below trend mean, 16:35mins Back to top
03-11-2021 Save Fed begins to taper, ECB won't raise rates in 2022, stock markets in europe and US break out to new highs, gold eases, oil pulls back sharply, China property still under strain. 20:58mins Back to top
02-11-2021 Save Avis Budget climaxes and declines, bitcoin firm and ethereum breaks out. gold and oil steady, Australian Dollar weak, Euro and Pound steady, stocks generally steady to rising. 21:30mins Back to top
01-11-2021 Save Wall Street steady, Italy breaking out, India susceptible to some consolidation, gold and oil steady, platinum firms, companies using commodity volatility to raise margins. 22:17mins Back to top

October 2021

Audio Date Play Save Content Duration
29-10-2021 Save Big Picture Long-Term Audio for the various different asset classes 57.01mins Back to top
28-10-2021 Save Australia short-dated yields surge on the end of yield curve control, commodity currencies firm, banks extend break outs, FANGMAN+Tesla back at relative highs, debt traps are a real threat to plans to hike rates, gold steady, natural gas, coal, iron-ore and aluminium correcting on China risk. 21:45mins Back to top
27-10-2021 Save UK budget successfully talks yields lower, gold steady, oil weak, growth stocks rebound, China weak, Australian Dollar, Canadian Dollar firm, Taiwan, Vietnam and Singapore steady. 24:24mins Back to top
26-10-2021 Save Wall Street short-term overbought, bonds steady, gold steadies from intraday lows, oil remains firm, governance questions in China and US focusing on companies and who is liable in a default, India, Vietnam, Mexico firm. 24:37mins Back to top
26-10-2021 Save Wall Street short-term overbought, bonds steady, gold steadies from intraday lows, oil remains firm, governance questions in China and US focusing on companies and who is liable in a default, India, Vietnam, Mexico firm. 24:37mins Back to top
25-10-2021 Save Gold recoups Friday's highs and tests the medium-term downtrend, oil stable, nickel firms, Tesla extends breakout, bonds yields ease, Brazilian real steadies, China boost liquidity 24:38mins Back to top
22-10-2021 Save Big Picture Long-Term Audio for the various different asset classes 1h5min Back to top
21-10-2021 Save stocks remain firm despite rising yields and are supported by earnings, SPACs pick on Donald Trumps entrance to the market, bitcoin pulls back with futures-based ETF predictably underperforming, China walks back property tax talk. 28:51mins Back to top
20-10-2021 Save bitcoin breaks out and the S&P500 makes a new closing high, gold remains firm, China rebounds, Indian rupee firms and saps demand for stocks, OEM manufacturing coming to the auto sector, copper & oil firm, 23:46mins Back to top
19-10-2021 Save Nasdaq continues to rebound, Facebook finds support on the metaverse, Chinese tech extends rebound, commodity currencies extend rebound, Indonesia and Mexico lead emerging markets higher, gold eases back from intraday peak, oil firm, natural gas weak. 19:17mins Back to top
18-10-2021 Save inflationary pressures pushing up interest rates, that puts pressure on floating rate mortgages, bitcoin futures in contango will weigh on futures fund, oil remains in backwardation, natural gas pulls back, gold steady, 26.48mins Back to top
15-10-2021 Save Big Picture Long-Term Audio for the various different asset classes 54:45mins Back to top
14-10-2021 Save bonds unwind short-term oversold condition; spurring a return to risk-on, oil, gold, silver, copper firm, stock markets rebound, emerging asia rebounds except China, India leading, hydrogen plays rebound 22:37mins Back to top
13-10-2021 Save Dollar eases, bonds pause, gold, silver, platinum and gold miners rebound, oil steady, India new highs, Indonesia, Malaysia, Singapore rebound, Solar steadies, Renminbi firms. 26:54mins Back to top
12-10-2021 Save Euro and Yen weak, China stable, Emerging Europe outperforming, Energy exporters firming, coffee breaking out, gold shares rebound. 23:56mins Back to top
11-10-2021 Save China government bond yields rise with banks benefitting, copper testing resistance, lumber and iron-ore rebound, Wall Street ebbs with rotation continuing to favour cyclicals. 23:29mins Back to top
08-10-2021 Save Big Picture Long-Term Audio for the various different asset classes 47.23mins Back to top
07-10-2021 Save inflation hedges outperform, financials breakout, Chinese tech rebounds, Wall Street steadies as yields trend higher, Yen weakens, Nikkei at potential support, South Korea steadies from deep oversold condition, bitcoin pauses. 22:28mins Back to top
06-10-2021 Save UK natural gas peaks, carbon prices pull back on EU changes to strategy, Commodity currencies firm, oil eases, Wall Street steady, Treasuries steady, bitcoin firms, gold steady, 23:03mins Back to top
05-10-2021 Save supply inelasticity plays continue to outperform, energy commodities continue surge led by natural gas and coal. Treasury yields rise, Wall Street steadies, 22:09mins Back to top
01-10-2021 Save Big Picture Long-Term Audio for the various different asset classes 57:53mins Back to top

September 2021

Audio Date Play Save Content Duration
30-09-2021 Save end of the quarter repositioning weighs on Wall Street, supports gold. Commodities remains strong with palm oil breaking out and UK Natural gas reflecting a global demand surge. Australia and Indonesia rebound in a dynamic manner. 17:47mins Back to top
29-09-2021 Save FANGMAN losing momentum relative to the wider market, China credit impulse turning upwards, Treasury yields remain firm, Dollar breaks out, Pound weak, Silver breaks lower on solar woes, 21:28mins Back to top
28-09-2021 Save natural gas prices looking tired following explosive gain, 5-year yield pops on the upside weighing on growth stocks, particularly Nasdaq-100, bitcoin also weak, gold continues to ease. oil pauses at $80. 24:12mins Back to top
27-09-2021 Save 5-year yield tests 1%, stocks steady following initial weakness, commodities firm with oil testing $80, natural gas surges, carbon credits break out, China remains weak. FANGMAN susceptible to weakness if yields breakout. 22:36mins Back to top
24-09-2021 Save Big Picture Long-Term Audio for the various different asset classes 52:25mins Back to top
23-09-2021 Save sovereign yields pop on the upside on hawkish central bank statements, HK property index extends rebound, commodities rebound, gold eases, oil hits new highs, Wall Street extends rebound 22:43mins Back to top
22-09-2021 Save Fed announces taper possibly as soon as the next meeting, Wall Street and bonds stable. China injects more liquidity, bitcoin steadies in the region of the trend mean, Nifty continues to outperform. 19:31mins Back to top
21-09-2021 Save Chinese stocks pause with deep short-term oversold condiutions evident, Wall Street steady but susceptible to additional weakness dependent on liquidity. UK natural gas continues to remain strong. gas producers firm. 18:38mins Back to top
20-09-2021 Save China Evergrande contagion spreads to Hong Kong and globally. Buy the dip mentality prevails on Wall Street for now, commodities weak but oil steadies and gold firms, bonds yields compress on slowdown/deflatino fears. 21:20mins Back to top
17-09-2021 Save Big Picture Long-Term Audio for the various different asset classes 52:54mins Back to top
16-09-2021 Save China Evergrande contagion risk dependent on the credit impulse, gold pulls back sharply, oil steady, copper weak, Wall Street steadies, 19:04mins Back to top
15-09-2021 Save UK natural gas prices surge again but doin't hold the high, oil firm, gold eases, food prices continue to ramp higher, Wall Street begins to rebound from another mid-month slump. Alibaba tests its lows. 20:44mins Back to top
14-09-2021 Save starting to see evidence of contagion from China Evergrande in property developers and banks, inflation pressures remain lumpy with increased volatility in commodities, S&P500 mid month pull back still underway. 23:23mins Back to top
13-09-2021 Save bitcoin volatility and NFTs, China uncertainty and CPI tomorrow weigh on stocks, oil, aluminium and natural gas firm, iron ore remains weak, gold steady, 25:18mins Back to top
10-09-2021 Save Big Picture Long-Term Audio for the various different asset classes 1h6mins Back to top
09-09-2021 Save oil softens on China reserve release, pressure eases on Evergrande, ECB tapering, stocks slightly softer, gold and ethereum steady, bonds yields compress, Brazil weak on deteriorating governance, palladium breaking down as nickel breaks out 26:22mins Back to top
08-09-2021 Save Chinese high yield continuues lower, Wall Street eases, UK natural gas accelerating ahead of Nordstrea 2 opening 23:22mins Back to top
07-09-2021 Save Bitcoin pulls back sharply, Chinese property developers continue to decline but stock market up, Dollar steadies, gold weak, Wall Street steady ahead of mid month options expiry. 26:23mins Back to top
02-09-2021 Save global liquidity supports the medium-term bull market hypothesis but their is short-term risk of weakness. oil continues to firm, carbon credits break out, continued signs of fervour in cryptocurrencies, gold steady. 23:45mins Back to top
01-09-2021 Save Inflationary pressures tend to come in waves, gold steady, cryptos breaking higher, Wall Street looking a little tired, emerging markets turn to outperformance. interest hiking cycles tend to occur before market peaks. 21:23mins Back to top

August 2021

Audio Date Play Save Content Duration
31-08-2021 Save Chinese tech shares extend bounce, India extends bull trend, Japan steady, Yen weak but Asian emerging currencies firm, Europe and US Steady but were led higher by mega caps yesterday, nickel firm, gold steady, 24:11mins Back to top
27-08-2021 Save Big Picture Long-Term Audio for the various different asset classes 55:47mins Back to top
26-08-2021 Save Stocks markets ease of Powell statement tomorrow, gold steady, silver and platinum weak, oil stable, natural gas firm, bonds yields also quiet, China weak, Japan steady, commonality between Wall Street and European trends, particularly midcaps. 24:53mins Back to top
25-08-2021 Save Bond yields beginning to trend higher represent a threat to high valuations but uptrends remain intact. commodities continue to trend higher aided by demand, oil and shipping rates 19:31mins Back to top
25-08-2021 Save Bond yields beginning to trend higher represent a threat to high valuations but uptrends remain intact. commodities continue to trend higher aided by demand, oil and shipping rates 19:31mins Back to top
24-08-2021 Save inflationary pressures misrepresented by data, China credit impulse bottoming, commodities and tech rebound,Wall Street continues to lead strong equity markets. Bond yields rising more on supply than inflation. 19:17mins Back to top
23-08-2021 Save Tapering delay potential being priced in, gold extends rebound, oil upside key reversal, copper firm, new highs on Wall Street, Dollar eases, Europe and Japan steady. 19:05mins Back to top
20-08-2021 Save Big Picture Long-Term Audio for the various different asset classes 49:06mins Back to top
19-08-2021 Save Japan weak and defensives outperforming, Australian resources stocks decline in line with commodities and tech shares bounce, China continues to lean on leveraged portions of the economy, Dollar strong, gold steady, Chinese renminbi weak, 25:24mins Back to top
18-08-2021 Save Discussion of how inflation measures are calculated and what might affect the overall reading. luxury goods and some semiconductor stocks lead the way lower, oil weak, gold steady, copper back testing the pyschological $4. China Evergrande back on its lows. 26mins Back to top
17-08-2021 Save Risk of stagflation as growth ebbs and inflation mounts, stocks continue to bounce from intraday lows, bonds yields possibly post higher reaction lows, oil eases, palladium possibly leading, copper weak led lower by China. bitcoin soft, gold susceptible to some consolidation. 28:11mins Back to top
16-08-2021 Save Wall Street reverses earlier decline to post new highs, Delta variant beginning to take a toll on consumer behaviour, gold firm, bitcoin wobbles, oil recovers from intraday low, carbon credits breaking out. 25:31mins Back to top
16-08-2021 Save Wall Street reverses earlier decline to post new highs, Delta variant beginning to take a toll on consumer behaviour, gold firm, bitcoin wobbles, oil recovers from intraday low, carbon credits breaking out. 25:37mins Back to top
13-08-2021 Save Big Picture Long-Term Audio for the various different asset classes 59:29mins Back to top
12-08-2021 Save delta cases following a predictable pattern, gold steady, iron-ore showing increasing topping action, India continues to outperform, Vietnamese dong trending higher, Mexican Peso at decision point, Wall Street continues to firm on expectations of additional stimulus. 26:07mins Back to top
11-08-2021 Save Gold and the other precious metals rebound, bitcoin firms, Wall Street remains steady, Moderna pulls back sharply, value continues to recover relative to growth. 24:18mins Back to top
10-08-2021 Save bubbly versus non bubbly sectors. potential rotation back to value from growth. US Treasury yields and the Dollar continue to firm, Wall Street looking tired. gold steady, oil firm, bitcoin eases from intraday peak. 27:54mins Back to top
09-08-2021 Save gold and silver pullback sharply but recover from intraday lows, bitcoin and ethereum firm, coal and copper pause. China bounces, India steady, Dollar firm, Treasuries test downtrend. 25:20mins Back to top
06-08-2021 Save Big Picture Long-Term Audio for the various different asset classes 59:16mins Back to top
05-08-2021 Save Ethereum rallies following hard fork, bitcoin reverses earlier decline, stock rally increasingly dependent on mega-cap success, BoE talks about tapering supports the Pound, Thai baht and Philippine Peso weak, oil prices steady amid speculation shale production is peaking. 27.12mins Back to top
04-08-2021 Save cryptocurrencies firm, bonds volatile on the threat of tapering, Dollar firm, gold fails to hold intraday rally, oil weak, India led higher by banks so was Australia, S&P500 remains inert, VIX lower, climate change narrative accelerating. 26.28mins Back to top
03-08-2021 Save India breaks out, Vietnam and Mexico firm, Indonesia steady, Tencent oversold, gold and copper steady, bonds quiet, VIX contracts and supports Wall Street, vaccine stocks jump. 20:30mins Back to top
02-08-2021 Save grain and bean prices firm, oil weak, gold steady, bond yields contract, stocks susceptible to short-term weakness, Delta variant spreading in China; bolstering efforts to create stability. 19:28mins Back to top

July 2021

Audio Date Play Save Content Duration
30-07-2021 Save Big Picture Long-Term Audio for the various different asset classes 1h4mins Back to top
29-07-2021 Save Gold and silver rebound, bond yields rise and stocks steady, Amazon misses estimates so a failed upside break is an increasing risk, Chinese shares rebounded impressively but property developers remain under pressure. 23:16mins Back to top
28-07-2021 Save standing repo facility formalised, gold, bitcoin and banks steady, China invokes plunge protection team, stocks steady, coffee stable ahead of cold weather in Brazil. 23:07mins Back to top
27-07-2021 Save Contagion risk from China Evergrande, Apple needs to hold its breakout, Renminbi weak, Pound firm, gold stable oil pauses, copper firm, 20:18mins Back to top
26-07-2021 Save China backlash spreads, Mexico benefits, how can policy be tightened when the virus continues to affect consumer behaviour? gold steady, oil and copper firm. 19:14mins Back to top
23-07-2021 Save Big Picture Long-Term Audio for the various different asset classes 1h2mins Back to top
22-07-2021 Save Loopy economic data but inflationary pressures rising nonetheless, oil firm, gold steady, stocks firm, ECB pursuing inflation. 22:58mins Back to top
21-07-2021 Save risk-on resumes after another very brief hiatus, Dollar downside key reversal, bonds recoil from the region of the trend mean, tech stocks surge, will China Evergrande be bailed out?. bitcoin bounces 23:39mins Back to top
19-07-2021 Save risk-off grips markets, bond yields compress, oil pulls back sharply amid moderating growth and inflation, stocks weak, volatility spikes, tomorrow will tell if that jump in volatility can hold. 20:48mins Back to top
16-07-2021 Save Big Picture Long-Term Audio for the various different asset classes 1h Back to top
15-07-2021 Save Semiconductor peak inelasticity, central bank digital currencies, gold steady, bitcoin weak, dollar steady, oil weak, bonds firm. 20:07mins Back to top
14-07-2021 Save temporary and sticky inflationary pressures, innovation in biotech, gold firms, 23:24mins Back to top
13-07-2021 Save a broad ranging discussions on current inflationary fears and which are likely to prove sticky, oil firms, gold steady, Bonds weak and Nasdaq-100 short-term overbought . 20:27mins Back to top
12-07-2021 Save Copper and other commodities steady, Japan rebounds emphatically, Wall Street at a new high, bitcoin at growing risk of weakness. 24:16mins Back to top
09-07-2021 Save Big Picture Long-Term Audio for the various different asset classes 1 h Back to top
08-07-2021 Save Is this an inflection point for bonds, gold steady, vix will need to follow through to check stock market momentum, ECB adopts inflationary bias. Euro firms, Renminbi weak. 19mins Back to top
07-07-2021 Save Crude oil followsd through on the downside, gold steady, stocks stable, bond yields testing the 200-day MA, Dollar still firm and increasing divergence between high and low vaccinated countries, breakout coming for crypto. 27:13mins Back to top
06-07-2021 Save strong commonality in bond market rebound, oil pulls back sharply, large cap US breaks out, gold holds unable to sustain intraday momentum, risks to Chinese large caps following Didi censure. 21:24mins Back to top
02-07-2021 Save Big Picture Long-Term Audio for the various different asset classes 1h Back to top
01-07-2021 Save Communist Party 100yr anniversary, 4th turning, dividend increases versus growth, inflation hedges. 20:04mins Back to top

June 2021

Audio Date Play Save Content Duration
30-06-2021 Save Dollar continues to strengthen, lumber extends decline which reduces inflationary expectations, stock markets steady, gold and oil steady, grains rebound strongly, 26:41mins Back to top
29-06-2021 Save Discussion of market threat from Delta variant, Dollar steadies, gold pulls back, NVidia continues to surge, most commodities pause, bond yields compress. 23:42mins Back to top
28-06-2021 Save bond yield compress, tech, growth, IPOs and Nasdaq strong, Topix 2nd section strong, bitcoin rebound, gold steady, oil weak, natural gas and agricultural commodities firming 23:32mins Back to top
25-06-2021 Save Big Picture Long-Term Audio for the various different asset classes 56:40mins Back to top
24-06-2021 Save $559 billion in new stimulus gets green light, Wall Street hits new highs, gold eases, bond yields rise, copper steady, materials stocks firm, bitcoin steadies, Tesla firms, value outperforms again. 21:07mins Back to top
23-06-2021 Save Industrial resources rebound with solar and wind, Wall Street steady, Europe weak, Dollar steadies, Bond yields rise a little. portions of growth factor still favoured. 20:40mins Back to top
21-06-2021 Save bond yields pop on the upside, gold steady, oil firm, demand for commodity alternatives beginning to appear, value outperforms again on higher yields. 26:36mins Back to top
18-06-2021 Save Big Picture Long-Term Audio for the various different asset classes 1h9min Back to top
17-06-2021 Save bonds yields compress, yield curve spread continues to contract, growth returns to outperformance, Dollar strong, gold weak, China chips get a boost. 24:41mins Back to top
16-06-2021 Save Fed meeting modestly surprising, Dollar rebounds, gold weak, stocks rebound from intraday lows, China weakness weighs on emerging markets, Australia and UK sign trade deal, Pound weak. 20mins Back to top
15-06-2021 Save bonds and equities steady ahead of the Fed, copper weakens, oil firm, shipping rebounds, energing markets, Europe and Japan firm. 22:27mins Back to top
14-06-2021 Save Differing sources of inflation and how they are perceived, gold and silver rebound from intraday lows, stocks close higher, bonds ease, oil steady, quiet markets ahead of the Wednesday Fed meeting, discussion of ESG investing 21:45mins Back to top
11-06-2021 Save Big Picture Long-Term Audio for the various different asset classes 53.37mins Back to top
10-06-2021 Save Loopy year over comparisons exaggerate inflation while bonds continue to rally, Asian export prices increases are where inflation is most obvious, commodities continue to trend higher, stocks steady, oil rebounds from intraday low, banks ease and tech rebounds. 18:47mins Back to top
09-06-2021 Save discussion of inflationary pressures; monetary versus commodity and psychology, bond yields compress amid tapering bets, stocks ease, bitcoin steadies, 19mins Back to top
08-06-2021 Save bitcoin recoups intraday loss and the S&P500 does the same. big spread between call and put prices for volatility suggest appetite for hedging, gold eases, oil firm, 19:17mins Back to top
07-06-2021 Save Alzheimer Drug approved, biotech rebounds, gold steady, Peruvian Sol weakens, Mexico and Italy breaking out. Dollar weak, emerging markets firm, 29:49mins Back to top
05-06-2021 Save Big Picture Long-Term Audio for the various different asset classes 1h6m Back to top
03-06-2021 Save gold pulls back from the psychological $1900 level. Dollar steady on Fed selling of LQD, Tech shares continue to underperform and are led lower by Tesla while Ford surges, bitcoin continues to pause below $40,000. 21:18mins Back to top
01-06-2021 Save Ex-US outperformance led by Europe and China, agricultural commodities firm, China tech cushions weakness on Nasdaq, oil testing upper side of its range. 20:47mins Back to top

May 2021

Audio Date Play Save Content Duration
28-05-2021 Save Big Picture Long-Term Audio for the various different asset classes 1h6mins Back to top
27-05-2021 Save Pound appreciates, Yen among the weakest currencies, gold steady, meme stocks continue to rebound, ex-US to outperform on weak Dollar. 22:07mins Back to top
26-05-2021 Save stocks quiet but meme shares perk up, profit motivation threatened at major oil companies, many Asian markets have been ranging for a decade and would bene4fit from a breakdown in the Dollar. 21:27mins Back to top
25-05-2021 Save Dollar weak, Treasuries firm, Wall Street eases, China breaks out, Renminbi firm, lumber toppy, bitcoin weak, ex-US outperforming 19:49mins Back to top
24-05-2021 Save oil and stocks firm, renewables steady, gold eases, China steadies, commodities hold gains, bitcoin rebounds 18:41mins Back to top
20-05-2021 Save Big Picture Long-Term Audio for the various different asset classes 1h7m Back to top
19-05-2021 Save bitcoin volatility and bounces, accelerated trends unwinding overbought conditions, Treasury yields rise, standing repo facility confirmed, stocks steady from intraday lows and VIX reverses earlier advance. 22:31mins Back to top
18-05-2021 Save Dollar testing the lows of a long-term range versus many currencies, Bund yields rise, accelerated trends unwinding overenthusiasm in all asset classes, gold steady, oil eases. ASEAN picking up interest. 21:08mins Back to top
17-05-2021 Save cryptocurrencies had a tough weekend, gold resurgent, gold miners break their downtrend, mega cap stocks continue to underperform, Dollar on cusp of breaking lower which supports non-US assets, 21mins Back to top
14-05-2021 Save Big Picture Long-Term Audio for the various different asset classes 52:45mins Back to top
13-05-2021 Save cryptocurrencies pull back sharlpy, gold steadies, growth underperforming value, bonds steady, accelerated commodity trends at least pause, lumber limit down four days in a row. 20:10mins Back to top
12-05-2021 Save stocks and bonds fall together spurs volatility bets as inflationary fears are priced in. Semiconductors follow innovation stocks lower, bitcoin weak, gold eases back, oil stable. value outperforms growth amid risk-off sentiment. 21:01mins Back to top
11-05-2021 Save Inflationary signals from around the world are mixed, lumber limit down again, oil steady, gold rebounds from intraday lows, so does Wall Street, Nikkei-225 at lower side of the range. 28:02mins Back to top
10-05-2021 Save 2020 winners under pressure, short-term overbought conditions in lumber, iron ore and copper, Dollar weak, Pound firm, Australia breaking out. 24:30mins Back to top
07-05-2021 Save Big Picture Long-Term Audio for the various different asset classes 57:41mins Back to top
06-05-2021 Save rotation away from stay at home champions and into real world stuff, FTSE-100 breaks higher, Gold and silver strong, copper continued to hit new highs, oil steady, 20mins Back to top
05-05-2021 Save commodities bull markets follow recessions, tech stocks pause with stay at home companies turning into losers. Big changes among founder led companies, India steady, 22:17mins Back to top
04-05-2021 Save speculative sectors at short-term potential support, consumer staples outperform, Dollar steadies, oil and industrial resources firm, lumber accelerating again, bitcoin and ethereum weak. 23:20mins Back to top

April 2021

Audio Date Play Save Content Duration
30-04-2021 Save Big Picture Long-Term Audio for the various different asset classes 1h Back to top
29-04-2021 Save gold, bonds and stocks both rebound from intraday lows, oil steady overbought conditions remains evident. 20:44mins Back to top
28-04-2021 Save Dollar top formation, Bitcoin pauses at 50-day MA, stocks continue to pause, industrial metals remain firm but agriculture pauses from overbought conditions. 21:20mins Back to top
27-04-2021 Save Yen weakens, commodity rebound continues, stocks steady, oil stable, ecommerce bounces, asian banks strong 17:31mins Back to top
26-04-2021 Save Upside key reversal on bitcoin confirms near-term support, stocks steady, Dollar eases, China weighing on tech, shipping rates breakout, copper at new decade high, 26:45mins Back to top
23-04-2021 Save Big Picture Long-Term Audio for the various different asset classes 1h 4mins Back to top
22-04-2021 Save capital gains tax increases and where pressure will be felt, agriculture commodities continue to firm, oil stable, 21 mins Back to top
21-04-2021 Save short-term versus long term supply inelasticity discussed, gold and silver rebound, bitcoin weak and ethereum firm, lumber steady, commodity currencies resurgent. 24:12mins Back to top
20-04-2021 Save stock markets pausing, lumber downside key reversal, risk appetite waning, agriculture commodities remain firm, bonds and gold firming, India rupee weak 17:11mins Back to top
19-04-2021 Save bitcoin pulls back sharply to threaten the uptrend and increase risk of contagion, Dollar falls, with Pound testing the psychological $1.40, gold steady, 19:43mins Back to top
16-04-2021 Save Big Picture Long-Term Audio for the various different asset classes 53:48mins Back to top
15-04-2021 Save commonality between sovereign bond futures, gold and growth stocks, global supply chain snarls + geopolitics favour Taiwan, Mexico and India, oil steady, commodity currencies firming. 22:45mins Back to top
14-04-2021 Save Bitcoin pauses following Coinbase IPO, Wall Street susceptible to some consolidation, Moderna firms, Russia bounces with oil and geopolitical tensions easing, emerging Europe firm, Euro firm, Bunds weak, Treasuries steady. 22:55minsd Back to top
13-04-2021 Save cryptocurrencies breakout, nasdaq hits a new high, China lagging, Europe steady, Bonds firm, Asian currency ease while commodity currencies firm, 21:53mins Back to top
12-04-2021 Save impatience evident in economic, social and geopolitical spheres, China rolling over, Europe and Wall Street continue to exhibit relative strength, gold steady. 20:45mins Back to top
09-04-2021 Save Big Picture Long-Term Audio for the various different asset classes 56:23mins Back to top
08-04-2021 Save gold, large cap tech and bond prices rebound, Dollar eases back, global stock markets steady on renewed faith the Federal Reserve is not about to raise rates. 23:33mins Back to top
07-04-2021 Save bitcoin continuers to pullback, Wall Street pauses, large caps outperform small caps when yields falls, China weak, Rupee weak but Indian market steady, Pound pulls back but UK stocks up,, Lumber extends uptrend, 22:25mins Back to top
06-04-2021 Save commodities continue to firm with agriculture playing catch up, stocks pause after strong Monday performance, bond yields continue to compress, gold firm, defensives/quality outperforming. Growth steadying. 25:21mins Back to top
01-04-2021 Save Big Picture Long-Term Audio for the various different asset classes 55:44mins Back to top

March 2021

Audio Date Play Save Content Duration
31-03-2021 Save stimulus plans spur risk-on move. Large caps rebound, bonds ease, gold rebounds, oil eases, renewable infrastructure benefits, Stock indices hitting new highs as they price in a boom. 26:13mins Back to top
30-03-2021 Save Dollar strong, Gold weak, bonds trim declines to new lows, Wall Street quiet, Europe firm, Japan quiet, high yield spreads at new low, financials firm. 26:41mins Back to top
29-03-2021 Save liquidation of hedge fund assets raises single stock volatility but less evidence of contagion, gold weak, stay at home champions under pressure, China tech at support, bond yields continue to trend consistently higher. 18:12MINS Back to top
26-03-2021 Save Big Picture Long-Term Audio for the various different asset classes 50:20mins Back to top
25-03-2021 Save Dollar strengthens on growth and yield outlook, treasuries at first area of resistance, Wall Street quite, China risk rising for global brands, bitcoin becoming inconsistent, 21:02mins Back to top
24-03-2021 Save Dollar strengths on strong US recovery, China weak on waning policy support, Japan weak on less central bank support, Euro weak on renewed pandemic threat. mean reversion remains the clearest theme. 29:10mins Back to top
23-03-2021 Save oil unwinds its overbought condition, bond yields contract. that boosts tech but weighs on reflation trades. China tech at trend mean, no contagion from Turkey in emerging markets, mean reversion is the order of the day. 14:30mins Back to top
22-03-2021 Save Nasdaq rebounds as Treasuries show a modicum of steady trading, Turkish Lira volatile takes a toll on Eurozone banks, gold and oil steady, Japan weak, China steady, commodity producers steady. 23:38mins Back to top
19-03-2021 Save Big Picture Long-Term Audio for the various different asset classes 56:07mins Back to top
18-03-2021 Save Bond market gives no credence to dovish Fed commentary, growth and innovation plays sell off, cyclicals continue to exhibit relative strength, oil pulls back, gold steady, bitcoin fails to hold $60K. 20:50mins Back to top
17-03-2021 Save Fed stands pat, believing inflation is transitory. Risk assets rebound, bonds steady, gold steadies, oil eases, homebuilders and lumber continue to trend higher. 24:17mins Back to top
16-03-2021 Save bond yields continue to trend higher and represent a growing headwind for growth, global reflation candidates continue to outperform, gold and oil stable, palladium surges on mine issues. renewables ease. 23mins Back to top
15-03-2021 Save bitcoin pulls back, Yen weakens, banks outperform, China weak, commodity currencies firm, Wall Street firm on stimulus, bonds stable. 23:19mins Back to top
12-03-2021 Save Big Picture Long-Term Audio for the various different asset classes 1h5m Back to top
11-03-2021 Save Dow Theory suggests a new bull market but short-term overbought, ECB yield curve control, Dollar weakens on stimulus passing, value opportunities in Asia rebounding, Europe STOXX 600 on cusp of breaking out. 22:18mins Back to top
09-03-2021 Save bond price decline pauses, risk assets rebound on stimulus and global reflation hopes. solar, wind, innovation, follow bitcoin's rebound. Dollar eases back, Asia rebounding, China lagging in the rebound so far. 22:35mins Back to top
09-03-2021 Save bond price decline pauses, risk assets rebound on stimulus and global reflation hopes. solar, wind, innovation, follow bitcoin's rebound. Dollar eases back, Asia rebounding, China lagging in the rebound so far. 22:35mins Back to top
08-03-2021 Save Renminbi breaks down, Euro tests MA, Brazilian Real breaking down, DAX breaks out, Nasdaq leads on the downside because of interest rate sensitivity, bonds yields remains high, commodities weak. 21:38mins Back to top
05-03-2021 Save Big Picture Long-Term Audio for the various different asset classes 55:56mins Back to top
04-03-2021 Save Fed not yet ready to provide additional assistance so yields bumped back up, tech/innovation stocks pulled back, oil firm on OPEC supply control, gold weak on stronger Dollar. bitcoin eases back 23:39mins Back to top
03-03-2021 Save Bond yields continue to trend higher, stock markets beginning to feel the effects, oil and banks steady, gold weak, bitcoin steady. 22:03mins Back to top
02-03-2021 Save gold steadies at $1700, highly leveraged instruments continue to pullback, China tightens policy to curtail bubble risk, bonds yields and Dollar weaken. 18:46mins Back to top
01-03-2021 Save stocks markets start the month in positive territory, bond yield compression paused, metals prices pause, Chinese renminbi static, fragile emerging currencies weak, 16:26mins Back to top

February 2021

Audio Date Play Save Content Duration
26-02-2021 Save Big Picture Long-Term Audio for the various different asset classes 53:10mins Back to top
25-02-2021 Save Treasury yields spike higher, stcocks and bonds pause, oil eases, gold weak, bitcoin steady yield curve steepening. 21:01mins Back to top
24-02-2021 Save Buyers return after a small dip encouraged by central bank statements, bonds yield continue to trend higher even if they are somewhat oversold, oil firm, gold steady, copper strong. 18:36mins Back to top
23-02-2021 Save Will speculators buy the dip in bitcoin, innovation, large cap growth? industrial resources remain firm, agriculture resurgent, emerging market steady 25:09mins Back to top
22-02-2021 Save further rotation out of stay at home winners into reflation candidates, yield curve spread expends, oil and Pound extend recovery, 25:03mins Back to top
19-02-2021 Save Big Picture Long-Term Audio for the various different asset classes 1h1m Back to top
18-02-2021 Save Vietnam continues to rebound, South Korea pauses, Semiconductor demand remains firm, China eases and Renminbi weakens, copper extends rally, gold and silver remain stable but need a catalyst, bitcoin steady, ethereum breaks out, commodity currencies continue to rebound. 21:31mins Back to top
16-02-2021 Save bond yield break out globally. that brings forward the decision on yield curve control. Stocks ease, gold weak, copper and oil firm. 21:23mins Back to top
12-02-2021 Save Big Picture Long-Term Audio for the various different asset classes 59mins Back to top
11-02-2021 Save Bitcoin and altcoins continue to firm, stock markets steady, bonds ease, Dollar remains susceptible to additional weakness, oil steady oil services potentially bottoming. 29:50mins Back to top
09-02-2021 Save Dollar weak, commodities firm, Bonds steady, China and Japan firm, emerging markets outperforming, liquidity continues to fuel demand for IPOs. 24:33mins Back to top
08-02-2021 Save Some of the topics discussed include: investors continue to migrate to Asia, oil firm, commodities continue to rebound, Treasury yields test the psychological 1.2% area, Wall Street firm, gold steady, 24:57mins Back to top
05-02-2021 Save Big Picture Long-Term Audio for the various different asset classes 1h4mins Back to top
04-02-2021 Save Wall Street firm with small caps leading, gold and precious metals weak, emerging markets steady, investors giving the benefit of the doubt to countries that are likely to come out of the pandemic quickest, bond yields continue to rise for these countries with Gilts breaking on the upside and the Dollar strengthening. 20:21mins Back to top
03-02-2021 Save Bitcoin continues to rebound and is led by Ethereum, silver steadies, stocks pause, Dollar steady, Emerging Markets ETF rebounds, Treasury yields continue to rise. 23:37mins Back to top
02-02-2021 Save ethereum hits new all-time high, bitcoin playing catch up, silver pulls back as margin requirements are hiked, India fiscal stimulus announced, stock markets steady, bonds ease, Dollar firms. 20:32mins Back to top
01-02-2021 Save precious metals rebound but silver does not hold the intraday peak, Dollar strengthens on Chinese easing, Wall Street and global markets rebound, bonds yields compress and VIX contracts. 24:45mins Back to top

January 2021

Audio Date Play Save Content Duration
29-01-2021 Save Big Picture Long-Term Audio for the various different asset classes 59.48mins Back to top
28-01-2021 Save bonds yields rebound from 1%. monetary conditions still accommodative, stock markets steady, silver and ethereum outperform gold and bitcoin, Vietnam pulls back on rising cases. 22:19mins Back to top
27-01-2021 Save short covering rallies in retail favourites, mania or reversion to the mean, Dollar carry trades unwind puts pressure on risk assets. ECB jawboning effective in the short term. 19:17mins Back to top
26-01-2021 Save China tightens liquidity, SPACs beginning to lose momentum, mega-caps continue to outperform, bonds yield compress, Dollar weak, oil and gold steady. 26:07mins Back to top
25-01-2021 Save jump in demand for save haven assets as volatility in stock markets picks up. Europe eases, China firm, India pauses, gold steady, biotech continues to trend higher. Ethereum outperforming Bitcoin 18:31mins Back to top
22-01-2021 Save Big Picture Long-Term Audio for the various different asset classes 1h Back to top
21-01-2021 Save bitcoin and ethereum correction, stock markets firm and increasing evidence of bases being completed around the world, bonds remain a risk for buyers, 23:18mins Back to top
20-01-2021 Save Gold rebounds, yield curve control going global, Mega caps starting to play catch up with small caps, credit demand growth coming, base formation completion in tech, 26:34mins Back to top
19-01-2021 Save Megacaps have reverted to the mean, emerging markets continue to outperform, mainland to HK rotation, commodities steady, 16:40mins Back to top
18-01-2021 Save Discussion of secular bull and bear markets and where different markets lie in that continuum. 21:30mins Back to top
15-01-2021 Save Big Picture Long-Term Audio for the various different asset classes 59:04mins Back to top
14-01-2021 Save financial repression and bond yields, mega-caps susceptible to additional weakness, small caps, Europe, Japan, emerging and commodities continue to outperform, gold stable, bitcoin pauses at $40K. 26:15mins Back to top
13-01-2021 Save commonality in soft commodities, Dollar steady, bond yield compress, financial conditions still accommodative, gold stable, stock markets steady. 24:38mins Back to top
12-01-2021 Save commodities breaking out across the board, Treasury yields pause in the region of the March peak, pandemic successes overbought but still steady, 23:33mins Back to top
11-01-2021 Save bitcoin wobbles, rotation out of mega-cap tech underway, Dollar unwinds short-term oversold, Treasury yields extend advance, Fed talking market down. virus success markets outperforming. 21:32mins Back to top
08-01-2021 Save Big Picture Long-Term Audio for the various different asset classes 55:16mins Back to top
07-01-2021 Save liquidity fuelled rally persist with bitcoin, Tesla and Wall Street pushing to new highs, Dollar steadies, strong commonality in bond yields rising outside of China. 23:35mins Back to top
06-01-2021 Save Democrat clean sweep points to outperformance of cyclicals, mega-caps continue to weaken, gold eases. emerging markets and UK firm, Dollar remains weak, bitcoin extends uptrend. 22:34mins Back to top
05-01-2021 Save commodities continue to outperform, Dollar weak but Chinese renminbi overbought, Wall Street continues to pause. oil rebounds and copper steady, commodity currencies resurgent. 23:53mins Back to top
04-01-2021 Save yield curve steepens, financial repression fuels the precious metal and crypto rally, China firm, Wall Street weak 22:18mins Back to top