GM58: Electric Dreams and Commodity Market Realities ft. Tor Svelland
Top Traders Unplugged
Introduction
Exploring the paradox of low volatility in oil markets amidst underlying challenges, with insights into trading strategies and market dynamics. The episode introduces listeners to a platform for learning from leading hedge fund managers to enhance investment expertise.
Tor Svelland, of Svelland Capital, joins Alan Dunne in this episode to discuss the global macro forces driving global commodity markets. They discuss how the commodity markets have evolved over the years, as banks have scaled back trading and quant firms and CTAs have become more prominent players. Tor outlines the key reasons he believes commodity markets are in the midst of a super cycle, identifies where he sees the strongest opportunities and discusses what the commodity markets are currently suggesting about the state of global demand. They discuss how the global energy transition, de-globalization and nearshoring, rising geopolitical risk and increased defence spending will impact markets. They also delve into the periodic mis-pricings Tor sees between equities, particularly technology stocks, and commodities given their rising electricity demand.
-----
50 YEARS OF TREND FOLLOWING BOOK AND BEHIND-THE-SCENES VIDEO FOR ACCREDITED INVESTORS - CLICK HERE
-----
Follow Niels on Twitter, LinkedIn, YouTube or via the TTU website.
IT’s TRUE ? – most CIO’s read 50+ books each year – get your FREE copy of the Ultimate Guide to the Best Investment Books ever written here.
And you can get a free copy of my latest book “Ten Reasons to Add Trend Following to Your Portfolio” here.
Learn more about the Trend Barometer here.
Send your questions to info@toptradersunplugged.com
And please share this episode with a like-minded friend and leave an honest Rating & Review on iTunes or Spotify so more people can discover the podcast.
Follow Alan on Twitter.
Follow Tor on LinkedIn.
Episode TimeStamps:
02:26 - Introduction to Tor Svelland
06:18 - How have commodity markets evolved?
09:19 - More opportunities in commodity markets?
11:32 - Why Tor started his own firm
14:15 - Tor's outlook for the commodity markets
17:10 - What has driven the flat trend in the major industrial markets?
20:09 - Are we in a super cycle?
22:55 - Translating trends into trades
24:47 - Which markets will benefit from the energy transition?
26:55 - A slow transition
31:14 - The temperature of the global economy
35:21 - Where will we see signs of recession?
39:13 - Is disinflation a major trend?
41:14 - How extreme can it get?
42:42 - How will Europe meet its energy demands going forward??
45:13 - How the defense spending will impact markets
47:07 - Taking advantage of the spikes in markets
51:06 - How volatility sellers affect markets
52:56 - Additional observations in the commodity markets
55:18 - Putting it all together
56:52 - Why has gold miners been so slow?
58:27 - Private capital taking over?
59:20 - Advice for other investors
01:00:30 - Thanks for listening
Copyright © 2024 – CMC AG – All Rights Reserved
----
PLUS: Whenever you're ready... here are 3 ways I can help you in your investment Journey:
1. eBooks that cover key topics that you need to know about
In my eBooks, I put together some key discoveries and things I have learnt during the more than 3 decades I have worked in the Trend Following industry, which I hope you will find useful. Click Here
2. Daily Trend Barometer and Market Score
One of the things I’m really proud of, is the fact that I have managed to published the Trend Barometer and Market Score each day for more than a decade...as these tools are really good at describing the environment for trend following managers as well as giving insights into the general positioning of a trend following strategy! Click Here
3. Other Resources that can help you
And if you are hungry for more useful resources from the trend following world...check out some precious resources that I have found over the years to be really valuable. Click Here
The AI-powered Podcast Player
