Raoul Pal: The Journey Man URGENT: Market CRASH Flash UPDATE with Raoul Pal
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Aug 5, 2024 
Raoul Pal, a renowned financial expert, teams up with Julien Bittel, head of macro research at GMI, to dissect the current sell-off in markets. They explore the factors behind recent volatility, including bond yields and global liquidity. Pal highlights that this downturn could create long-term investment opportunities, while Bittel provides insights on macro cycles and their implications for the economy. They stress the importance of understanding macroeconomic trends and remaining calm during market corrections for future wealth building.
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Market Downturn and Global Stimulus
- The current market downturn is primarily caused by yen intervention but reflects a larger global economic situation.
- A coordinated effort between the US, Japan, and China aims to stimulate global growth through currency manipulation and rate cuts.
Managing Macro Spasms
- View market downturns as short-term macro spasms, especially during regime changes, rather than long-term trends.
- These spasms create opportunities to add to your investments if your long-term view remains unchanged.
2016 Market Spasm
- In 2016, Japanese intervention weakened the dollar, causing a market downturn followed by a bull run.
- This historical example shows how short-term volatility can create opportunities for long-term gains.