The Market Huddle

This week, Kevin & Patrick welcome to the show, Le Shrub. They dive into his experience working under one of the hedge fund managers from The Big Short, explore why he believes Nvidia’s dominance must come to an end, and discuss how Trump is championing the return of ambiguity in politics. Follow Le Shrub: https://www.x.com/agnostoxxx Subscribe To: https://www.shrubstack.com/ Subscribe To Patrick’s New Educational Series ONLY available on YouTube: https://www.youtube.com/@Patrick_Ceresna *Got questions for Kevin and Patrick? Submit your questions to: nostupidquestions@markethuddle.com Visit our merch store!!! https://www.themarkethuddlemerch.com/ To receive our emails with the charts and links each week, please register at: https://markethuddle.com/

This week, Kevin & Patrick welcome back to the show, Leonid Mironov. We review his calls from earlier this year, discuss the outlook for Chinese assets, and discover his top stock picks. Check out Leonid’s Substack: https://leonidmironov.substack.com/ Follow Leonid on X: https://www.x.com/leomironov Subscribe To Patrick’s New Educational Series ONLY available on YouTube: https://www.youtube.com/@Patrick_Ceresna *Got questions for Kevin and Patrick? Submit your questions to: nostupidquestions@markethuddle.com Visit our merch store!!! https://www.themarkethuddlemerch.com/ To receive our emails with the charts and links each week, please register at: https://markethuddle.com/

This week, we have the pleasure to welcome Tobias Harris, author of the newsletter Observing Japan. We have a fascinating discussion of Japan’s recent history, with Tobias helping put in context the events that led us to the current environment and what the next ten years might look like in Japan. Check out Japan Foresight Here : https://japanforesight.com/ Follow Mateen on X: https://www.x.com/observingjapan Subscribe To Patrick’s New Educational Series ONLY available on YouTube: https://www.youtube.com/@Patrick_Ceresna *Got questions for Kevin and Patrick? Submit your questions to: nostupidquestions@markethuddle.com Visit our merch store!!! https://www.themarkethuddlemerch.com/ To receive our emails with the charts and links each week, please register at: https://markethuddle.com/

Rupert Mitchell, a market expert and author of Blind Squirrel Macro, shares intriguing insights on global markets. He discusses his recent short strategy on Tesla, the hidden losses in tech companies due to stock-based compensation, and thematic ETF risks. Rupert highlights market leadership shifts, particularly among MAG7 stocks, and explores renewed investor interests in China and India. He also emphasizes the importance of disciplined options trading and the evolving landscape of global investments.

In this engaging talk, Warren Pies, the founder of 3Fourteen Research and a portfolio manager, sheds light on the unexpected impact of Fed rate cuts on bonds and commodities. He shares expert strategies for navigating oil markets using commitment of traders data. The conversation dives into inflation modeling complexities while exploring the evolving dynamics of the labor market and its influence on economic policies. Plus, there's a blend of personal anecdotes, including a nod to music, making for a lively and insightful discussion.

Mateen Chaudhry, a global markets and investment strategies expert, dives into the impact of Japan's economic landscape. He shares insights on the yen carry trade and its effects on global finance. The discussion covers Japan's transformative pro-business policies and contrasts the economic challenges faced by the youth amid rising inflation. Mateen also explores current investment strategies, emphasizing large-cap tech stocks and the housing market. With a touch of humor, he reflects on the liquidity in investing and the importance of clear metrics for decision-making.

In this episode of Huddle +, Patrick chats with Head of Global Macro at PGM Global, Aidan Garrib. They discuss the latest movements in the market, as the FED gears up for the highly anticipated rate-cutting cycle. Check out PGM Global: https://www.pgmglobal.com Follow Aidan on X: https://www.x.com/AidanGarrib *Got questions for Kevin and Patrick? Submit your questions to: nostupidquestions@markethuddle.com Visit our merch store!!! https://www.themarkethuddlemerch.com/ To receive our emails with the charts and links each week, please register at: https://markethuddle.com/

Dario Perkins, MD of Global Macro at TS Lombard, returns to share his insights on the unique current economic cycle shaped by COVID-19. They discuss the misleading economic indicators and the unprecedented responses from central banks. Dario highlights why Modern Monetary Theory might be losing its relevance and provides investment strategies that balance risk amid market volatility. The dialogue covers trends in the copper market, the dynamics of the 'Mag 7' stocks, and the implications of global central bank movements.

Louis-Vincent Gave, an expert from Gavekal Research, returns to share insights on the stark differences between Chinese and Western capital markets. He discusses the ongoing bull market for gold and its relation to China's economic evolution, particularly the balance sheet recession. Gave also highlights challenges in China's real estate sector and contrasts it with India's growth. Additionally, the episode delves into the implications of different monetary policies, offering a light-hearted take on cultural elements like rugby.

Brent Kochuba, founder of Spot Gamma and an expert in market volatility, dives into the intricacies of gamma and dispersion trading. He explains how options markets shape short-term price movements and discusses the implications of options expirations on volatility. The conversation highlights the significance of correlations among stocks, the impact of tech trading activity, and the risks of short volatility strategies. Tune in to unpack how to better navigate market shifts and leverage insights during uncertain times.