The Contrarian Investor Podcast

No Recession Imminent, Watch for New Highs in (Certain) Stocks: Edward Olanow

Apr 25, 2022

35:27

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Edward Olanow, portfolio manager and director of investment solutions at Weiss Multi-Strategy Advisers, joins the podcast to supply a surprisingly bullish outlook on the economy and on certain segments of the stock market.

Content Highlights

Reasons for optimism: Given the Fed and external shocks, GDP remains high and there is still a backlog of orders and millions of unfilled jobs (3:15);
The Fed's talk about 0.75% interest rate hikes is "just jawboning" (5:33);
The era of 'buy & hold' is over; investors need to be more nimble (8:25);
The house view at Weiss is that Nasdaq stocks will have a tougher time than other segments of the market (10:40);
The war in Ukraine: in all likelihood risks are localized at present, judging by gold and energy prices (14:25);
Background on the guest (18:40);
What are dispersion trades and how do they work? (20:34);
Why this may be a good time for this strategy -- and a 'turning point' for alternatives managers in general (26:27);
Where all this leaves fixed income and the bond market: Fixed-income is less forward-looking than people think... (29:55);
What Olanow and Weiss monitor for inflation (32:31);

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