Crisis At The Core (Guest: Vincent Deluard & Kuppy)
Jun 29, 2024
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Vincent Deluard from Stone X shares trades amidst French election. Kuppy joins for insights on political turbulence. They discuss market reactions, Euro Yen movement, cheese conversations, tech companies impact, uranium market insights, and investment strategies. Analyze S&P 500 performance, market news impact, and volatility navigation with options. Bitcoin's price movement, credit market weaknesses, and beer tasting discussions add a fun twist to the episode.
French political turmoil triggers a crisis post-European elections, impacting Macron's government and French electorate.
Japanese investors redirecting funds, particularly in French government debt, affect global markets amid volatility and geopolitical events.
Uranium market experiences consolidation post-price surge, analyzing Sprott Trust dynamics and supply-demand landscape for investment strategies.
Bullish outlook on Valerius in the oil rig sector, highlighting growth potential, pending contract renewals, and strategic positioning for future opportunities.
Deep dives
French Political Crisis Analysis
The French political landscape faces turmoil as the aftermath of Macron's dissolution of the National Assembly triggers a political crisis. Vincent discusses the unexpected turn of events post-European Parliament elections and the implications for the French government. Macron's disruptive decision-making and its impact on the French political landscape are scrutinized, highlighting potential outcomes and the mood of the electorate.
Market Volatility and Japanese Investment Strategy
In light of market volatility and potential geopolitical events, Japanese investment strategies are scrutinized. Vincent explores the impact of Japanese investors redirecting their funds, particularly examining their actions regarding French government debt. The discussion delves into the implications of Japanese capital flow and its effects on global markets.
Uranium Market Analysis
Vincent reflects on the current state of the uranium market, noting a consolidation phase after earlier price surges. The dynamics of the Sprott Physical Uranium Trust and potential reasons behind recent contractions in the market are explored. The evolving uranium supply and demand landscape and its impact on investment strategies are discussed.
Oil Rig Investments and Valerius's Prospects
An in-depth analysis of the oil rig sector, with a specific focus on Valerius, is presented. Vincent's bullish stance on Valerius's growth potential is emphasized, emphasizing the pending contract renewals and the company's strategic positioning. The discussion highlights future opportunities in the oil rig industry based on market dynamics and Valerius's growth prospects.
Portfolio Recommendations and Market Strategies
Vincent outlines his portfolio recommendations, emphasizing key investment areas such as A-Mark Precious Metals, Valerius, St. Joe, and Sprott. His strategic approach to building a diversified portfolio in the current market environment, incorporating diverse sectors and growth opportunities, is underscored as a robust long-term investment strategy.
US Dollar and Core PC Pricing Analysis
The movement of the US dollar towards strength was mostly concentrated in Japan, while the core PC pricing revealed expected results, aligned with CPI and PPI indicators. The AI trade discussion touched on Nvidia's market cap projections and the impact of Micron's earnings on stock movements.
Upcoming Job Numbers and Market Volatility
The analysis of the upcoming jobs numbers highlighted potential market volatility with historical low volumes attributed to an extended weekend and job data release timing. Forecasts suggest that a significant drop in job numbers could trigger market expectations of multiple rate cuts within a year, potentially leading to a bearish market sentiment.
US Dollar and Gold Price Trends
The USD, specifically the Japan-US dollar relationship, foresees potential scenarios of higher USD levels and yen depreciation amid global economic slowdown indications. In contrast, the gold market consolidation signifies a pause before a probable bullish breakout, with a predicted uptrend towards potential highs, correlating central bank policies and economic impacts on the precious metal market.
This week Kevin and Patrick welcome back to the show, Vincent DeLuard from Stone X. They discuss the French election and reveals his two best trades to take advantage of the recent political volatility. Then we have a surprise second guest, with a return of Kuppy’s corner that you don’t want to miss.
