A Rejection of the New "Roaring 20s" Recovery Narrative (w/David Rosenberg and Ed Harrison)

Поділитися
Вставка
  • Опубліковано 15 вер 2024

КОМЕНТАРІ • 134

  • @peter9910
    @peter9910 3 роки тому +29

    If you think it's the start of another 'roaring 20's', then it obviously isn't. Bull markets are born from the depths of despair and drawdowns, not stonks and SPACs

    • @EttoreDelNegro
      @EttoreDelNegro 3 роки тому

      or are born out of currency debasement. today $1 is 0.7$ a year ago. Inflation babies, all the way

  • @jamesclerkmaxwell676
    @jamesclerkmaxwell676 3 роки тому +7

    “Don’t tell me what you think is going to happen just tell me what’s in your portfolio” -Taleb

  • @TwoGrainsOfGold
    @TwoGrainsOfGold 3 роки тому +8

    It’s SO refreshing to watch Americans FINALLY acknowledge that other countries actually have their act together business-wise better than they do!

  • @amineaiffa
    @amineaiffa 3 роки тому +27

    "They mistook leverage for genius"

    • @HemTusPa
      @HemTusPa 3 роки тому

      I watch that Steve Eisman interview at least once a month

  • @geoffreymak000
    @geoffreymak000 3 роки тому +11

    He will have to move to China to convince me. Move there. More importantly, move his money there. Not other people’s money. His own money. I ran out from Hong Kong. I wonder if he is willing to run the opposite direction.

    • @Q_QQ_Q
      @Q_QQ_Q 3 роки тому

      what ?

    • @adama7752
      @adama7752 3 роки тому

      If you have enough to buyoff the local CCP, he does believe he'll be able to get out before Taiwan goes hot... I'd pay to see him live there

    • @NotShowingOff
      @NotShowingOff 3 роки тому

      It doesn’t work like that. The markets for us goods could go down if the Chinese are consuming their own industries. Tesla for example. The Chinese might copy Tesla. What’s Musk going to do? Sue them?

  • @johnstibal2131
    @johnstibal2131 3 роки тому +15

    "It's the end of the world as we know it...and I feel Fine"...

    • @thehylander266
      @thehylander266 3 роки тому

      It’s the end of an empire as we know it.

    • @networth8754
      @networth8754 3 роки тому

      I thought it was 1980 and I was at the 40 watt club in Athens GA

  • @networth8754
    @networth8754 3 роки тому

    Love Ed! Just let your guest speak. Thank you

  • @exltd001
    @exltd001 3 роки тому +6

    Gdp is up because we took on more loans. So the profits of which he speaks are just loans. And the stocks were bought with loans. These are not bought free and clear.

    • @Benji_The_Ghoul
      @Benji_The_Ghoul 3 роки тому +2

      If 100% of loans equals 100% of GDP then there is no GDP, there is only debt.

  • @edwardmclaughlin7935
    @edwardmclaughlin7935 3 роки тому +3

    Plenty of roaring coming up. The roars of battling crowds; of flames as streets are razed to the ground.

  • @anniealexander9616
    @anniealexander9616 3 роки тому +5

    Great interview!

    • @realvisionfinance2419
      @realvisionfinance2419 3 роки тому

      Thanks for your feedback...... for more/ tips.../ guidance from me...........
      W.../.H.../A...T..s.../A...p..p
      +.1.9..0..1..2./.4/..5…0..4..8..6

  • @bluefm7370
    @bluefm7370 3 роки тому

    The only time I lost money in the markets was with the Walmart of advisors and the big banks. This type of programming and self promotion should be the NEW normal. Everyone deserves to make a dollar, who would you rather share your hard earned money with? Those who make an effort and earn your trust and deserve compensation. Great channel, stay safe🙏🏻❤️

  • @postscript5549
    @postscript5549 3 роки тому +11

    As I didn't pay for this, I guess I can't complain. So I'll just note this was created in early February.

    • @realvisionfinance2419
      @realvisionfinance2419 3 роки тому

      Thanks for your feedback...... for more/ tips.../ guidance from me...........
      W.../.H.../A...T..s.../A...p..p
      +.1.9..0..1..2./.4/..5…0..4..8..6

    • @fallenangel2123
      @fallenangel2123 3 роки тому

      This is okay, now you can see that he was wrong being bearish (2 months ago)

    • @ericparadis7882
      @ericparadis7882 3 роки тому

      @@fallenangel2123 He was on the front page of the Toronto Star on Saturday

    • @fallenangel2123
      @fallenangel2123 3 роки тому

      @@ericparadis7882
      What is that supposed to mean ?

    • @ericparadis7882
      @ericparadis7882 3 роки тому

      @@fallenangel2123 I guess it means you need to trade with a 2 month lag

  • @cabragooncabulous4082
    @cabragooncabulous4082 3 роки тому +1

    👍 whens he coming back on? My gloom and doom mindset had been turned upside down.

  • @daveo4827
    @daveo4827 3 роки тому +2

    This guy was brilliant in 1986

  • @olgachumak7975
    @olgachumak7975 3 роки тому

    It was statistical boom: 1% increase in interst rates lead to 4% take from GDP- this system is not designed to grow but continue like that is also not really sensible...
    Thank you so much for this gorgeous and really enriching talk.

  • @looneytoons171
    @looneytoons171 3 роки тому +1

    The advert comes in within 5 minutes, I move onto another video.

  • @londresparis_1
    @londresparis_1 3 роки тому +1

    David talks a lot about the rise of China, but he doesn't talk at all about America's decline.

  • @darrellwillie7123
    @darrellwillie7123 3 роки тому +2

    Great interview. This guy should be Fed Chairman. Ed, thanks for asking great questions.

    • @realvisionfinance2419
      @realvisionfinance2419 3 роки тому

      Thanks for your feedback...... for more/ tips.../ guidance from me...........
      W.../.H.../A...T..s.../A...p..p
      +.1.9..0..1..2./.4/..5…0..4..8..6

  • @haze1123
    @haze1123 3 роки тому

    Outstanding conversation.

  • @danielthomas9673
    @danielthomas9673 3 роки тому +2

    David says the Asian country peole are more obedient, or maybe they just have effective government and healthcare leadership and the US has more unruly people and ineffective government/health care leadership. I think it is the latter.

    • @realvisionfinance749
      @realvisionfinance749 3 роки тому

      Thanks a lot for your feedback. For more guidance
      W... h... t... s... a... p... p
      + 1 ... 6... 7... 8... 4... 3... 4... 3... 4... 6... 7...,,,

  • @Samircan
    @Samircan 3 роки тому

    It’s not because he says the truth that I don’t like this guy, it’s because he is not allowing the other person to talk. When someone talks without listening to the other, how can I take his words about the market? After all, one needs the ability to listen to the music, if one wants to predict the future.

  • @kevinklimczak1389
    @kevinklimczak1389 3 роки тому

    Another great Real Vision interview.

  • @postscript5549
    @postscript5549 3 роки тому +1

    I would have liked some support on his number of $80 trillion in debt. What is in that number proportionately? Households, business and government numbers.

    • @martinmckenna759
      @martinmckenna759 3 роки тому

      His reference to percentage of GDP was more informative. Pretty strong argument for his point about repayment and future loan aided growth.

  • @seriouslyyoujest1771
    @seriouslyyoujest1771 3 роки тому +1

    “ The wealth of a nation isn’t printing money. It’s in your factories, farms, and services provided”. Vijay Botapati, A Bullish Case for Bitcoin. The business of the USA use to be business. In 1975, Beijing was a village, with 4 cars. Empires are destroyed within. Will Peter Zeihan’s Disunited Nations play out for Mexico, and the United States? We will see.

  • @MikhailGoncharov-tl4cr
    @MikhailGoncharov-tl4cr 3 роки тому

    Thanks you so much

    • @realvisionfinance749
      @realvisionfinance749 3 роки тому

      Thanks for your feedback. For more guidance
      W... h... t... s... a... p... p
      + 1 ... 6... 7... 8... 4... 3... 4... 3... 4... 6... 7...,,,

  • @jsyk3
    @jsyk3 3 роки тому

    This is a brutally honest interview - The commentator is chilled and Rosenberg actually is on the more pessimistic side and sees confrontations on every corner - But this let's one think and see the future from a diffetent angle though

  • @jessyjames7508
    @jessyjames7508 3 роки тому +1

    $80 trillion in debt doesn't seem to affect the stock market, and certainly not bitcoin. Does the debt REALLY matter? This time MUST be different........

    • @johnl.7754
      @johnl.7754 3 роки тому +1

      The debt is what’s fueling the stock market

    • @eliking4745
      @eliking4745 3 роки тому

      @@johnl.7754 That plus the lack of yield in savings... which is why asset prices are at ATH's too

    • @johnl.7754
      @johnl.7754 3 роки тому

      @@eliking4745 yeah even my risk adverse 80 years old mom is looking to get into stock market 😏

  • @HotdogFish1
    @HotdogFish1 3 роки тому +1

    China's gdp numbers are skewed

  • @seriouslyyoujest1771
    @seriouslyyoujest1771 3 роки тому

    I’m bullish for MARA. Bitcoin, and ETH up, MARA is up more.

  • @Christoph877
    @Christoph877 3 роки тому

    This is from Feb 4th...

  • @sirluciussquigglesworthlll6503
    @sirluciussquigglesworthlll6503 3 роки тому +1

    Dig it

  • @gfunkbundyify
    @gfunkbundyify 2 роки тому

    Hey David didn't you say inflation was transitory? Big mistake

  • @deantan4080
    @deantan4080 3 роки тому +4

    Please invest in the Philippines. We speak great English

    • @realvisionfinance749
      @realvisionfinance749 3 роки тому

      Thanks for your feedback. For more guidance
      W... h... t... s... a... p... p
      + 1 ... 6... 7... 8... 4... 3... 4... 3... 4... 6... 7...,,,

  • @jimarger8533
    @jimarger8533 3 роки тому

    Not only are their societies more obedient but their capital considers the national interest as a priority

  • @williamandrews781
    @williamandrews781 3 роки тому

    None dare call it manipulation.

  • @ellengran6814
    @ellengran6814 3 роки тому

    The stockmarked tells the serfs they will live in serfdom forever. Work/wages can lift you from serfdom, only connection to FED/those printing money can save you. The rich people know this - their children go to school in order to get connections , and a little knowledge.

  • @mathewward6229
    @mathewward6229 3 роки тому

    Interesting narrative but I think he has some of it wrong, improvement in the household balance sheet will be key to long term recovery for America, China is not as strong as he is making out and industries and countries are positioning themselves not to be as China focused as they were in 2018 in terms of both trade and production. The comparison to the the Chinese stonks market with it not supporting Zombi companies is a bit flaky as almost no one invest in the Chinese's stonk market not even the Chinese, the bubble in China is in restate. Also very hard to get true data out of China on growth, shadow banking, money supply, inflation, employment... almost anything that would help one make a long term macro decision.

  • @anistar002
    @anistar002 3 роки тому

    Do any one make money following this deflation guys? David was drumming on buying long bonds all the last year. I have watched many shows. I wonder who is making money, may be the subscription business is making money not the investors.

  • @MichaelEdwardWright1
    @MichaelEdwardWright1 3 роки тому

    Your “No one is going to go to the Politburo threatening kidnapping and carrying rifles” when a million people had their vote and representation stollen from them, and the FBI and CIA plants ran an incursion of 0.01% that lead to 4 concerned patriots dying, one executed without any warning unarmed, with hundreds held in cages ever since for praying in chamber make your comment crass if not grotesque, David Rosenberg.

  • @jongbongkim4386
    @jongbongkim4386 3 роки тому

    Thanks for the contrarian view in this crazy biased world.

  • @DangerousConspiracyTheories
    @DangerousConspiracyTheories 3 роки тому +1

    This guy is making easily disprovable statements. Would be delighted to bet this guy $1,000,000 that i will earn a better investment return than he will BOTH throughout the rest of the bull market and in the next bear market. Would love see one of his DCFs. Bet theyre bush-league

  • @EttoreDelNegro
    @EttoreDelNegro 3 роки тому

    how can he be so blind?

  • @Q_QQ_Q
    @Q_QQ_Q 3 роки тому

    35:18

  • @jonathanheight7018
    @jonathanheight7018 3 роки тому

    Check out Peter Zeihan, you’ll feel better.

    • @alchemist889
      @alchemist889 3 роки тому

      He says America has such powerful natural advantages that she can survive gross incompetence, but can she survive a managed decline and malice on top of the decadence?

  • @jamesclerkmaxwell676
    @jamesclerkmaxwell676 3 роки тому

    Remember the penguin from Batman? This is him now

  • @HareyMon
    @HareyMon 3 роки тому

    Look at his eyes. He's reading a script.

    • @jimgalle1371
      @jimgalle1371 3 роки тому +2

      I see 4 eyes ... which eyes are you talking about and WHY do you care?

  • @Reynmenreynfanss
    @Reynmenreynfanss 3 роки тому

    Guys you didnt know about RJVX12?

  • @yigitbey5712
    @yigitbey5712 3 роки тому

    Why are you watching this!? Read about the RJVX12 algorithm!

    • @realvisionfinance2419
      @realvisionfinance2419 3 роки тому

      Thanks for your feedback...... for more/ tips.../ guidance from me...........
      W.../.H.../A...T..s.../A...p..p
      +.1.9..0..1..2./.4/..5…0..4..8..6

  • @sunoveristambul
    @sunoveristambul 3 роки тому

    This guy is clueless

  • @jpbrindamour5467
    @jpbrindamour5467 3 роки тому

    So many narratives.

    • @realvisionfinance2419
      @realvisionfinance2419 3 роки тому

      Thanks for your feedback...... for more/ tips.../ guidance from me...........
      W.../.H.../A...T..s.../A...p..p
      +.1.9..0..1..2./.4/..5…0..4..8..6

  • @mervedin8138
    @mervedin8138 3 роки тому

    Is there still anyone who didnt know about RJVX12?

    • @realvisionfinance2419
      @realvisionfinance2419 3 роки тому

      Thanks for your feedback...... for more/ tips.../ guidance from me...........
      W.../.H.../A...T..s.../A...p..p
      +.1.9..0..1..2./.4/..5…0..4..8..6

  • @kraloyuncu280
    @kraloyuncu280 3 роки тому

    RJVX12 algorithm is my choice, i dont worry about BTC rates at all