Rebecca Patterson, director of investment research at Bridgewater Associates, discusses the reversal in some of the market moves triggered by optimism about the reopening of economies shut down by the Covid-19 pandemic. She also gives her take on inflation risks, the delta variant of the virus, and Bridgewater’s famous All Weather balanced-portfolio strategy.Mentioned in this podcast:A Sloppy Summer for Stocks Is Going to Test Your StomachThis Cult Classic Buy Signal Isn't to Be TrustedSee omnystudio.com/listener for privacy information.

What is the point of creating synthetic stocks and ETFs to trade on the blockchain with cryptocurrencies? Do Kwon, co-founder and CEO of Terraform Labs, explains how mirrored assets like these work, what type of demand they can fill, and potential regulatory pitfalls. Also joining this episode is Kwon’s collaborator Zaki Manian, co-founder of Iqlusion and the Sommelier Protocol. The pair also discuss the effects of crypto scams on the world of decentralized finance, and why a novelty token like Dogecoin became such a big hit.Mentioned in this podcast:Fake Tesla, Apple Stocks Have Started Trading on BlockchainsSee omnystudio.com/listener for privacy information.

Well, so much for that reflation and reopening trade. David Bianco, chief investment officer for the Americas at DWS Group, discusses why high-growth, digitally focused companies are back on the stock market’s leaderboard. Mentioned in this podcast:The Great Reflation Trade Is Buckling Around the WorldSee omnystudio.com/listener for privacy information.

It’s the top question on the minds of everyone involved in the markets these days: How long is “transitory” when it comes to the Federal Reserve’s view on hotter-than-normal inflation? Jim Smigiel, chief investment officer at SEI Investments, discusses why his firm is “happy to take the side of an overshoot” when it comes to rising prices. He also discusses the flaws of simplistic 60/40 investing and how there’s more to building a diversified portfolio than just buying an index.  Mentioned in this podcast:Powell Has Wall Street Buying View That Inflation Won’t LastYour Unloved Heirlooms Might Mean Serious MoneyCar Dealers Are Selling More Vehicles Above the Sticker PriceAn NFT of the World Wide Web Source Code Sold for $5.4 MillionSee omnystudio.com/listener for privacy information.

Dimensional Fund Advisors, which manages $637 billion, was one of the first firms to take seminal academic financial research off of the campus and put it to work in the real-world art of managing money. How does a head-in-the-books firm like that respond now that retail day traders are in the driver’s seat and the market action often feels like a frat party rather than a lecture hall? Wes Crill, the head of strategists at Dimensional, talks about that as well as a variety of other market topics, such as the rotation back into growth from value and how to read the inflation tea leaves. Mentioned in this podcast:Dimensional Converts $29 Billion of Mutual Funds Into ETFsFed Satisfies Inflation Hawks Without Lifting a FingerSee omnystudio.com/listener for privacy information.

A few dots moved higher on a Federal Reserve chart of interest rate projections, and it caught many investors by surprise. Yet the hawkish turn tamped down market-based readings of inflation expectations and that could help the central bank keep stimulative policies in place longer, according to Brent Schutte, chief investment strategist at Northwestern Mutual Wealth Management Co. He discusses the dot-plot shocker and what it means for allocation decisions.Mentioned in this podcast:Risk and Opportunity in a Post-Pandemic EconomyFed Sees Two Rate Hikes by End of 2023, Inches Toward TaperSee omnystudio.com/listener for privacy information.

What generation will drive the consumer economy and create stock-market winners in the post-pandemic world? Lauren Hill, a portfolio manager and analyst at Westwood Holdings Group Inc., says it will be a boom led by Baby Boomers, who have the most wealth and high vaccination rates. She discusses where consumer spending is headed and what stocks are poised to benefit the most. Mentioned in this podcast:Treasury Yields Slip Below 1.5% as Inflation Fears EbbGap’s Deal With Kanye West Starts With a Single $200 JacketSee omnystudio.com/listener for privacy information.

They’re baaaaack! Day-trader cult stocks like AMC Entertainment Holdings Inc. are dominating investors’ attention once again, with eye-popping rallies and crashes and even some free popcorn thrown in for those with the gumption to ride the rollercoaster. Kevin Russell, the chief investment officer of the $9 billion hedge-fund manager UBS O’Connor, discusses how his team tries to stay a million miles away from these companies. Russell also details the bull case for China, his outlook on inflation, and some big winning pair trades made at the height of the Covid-19 crisis.Mentioned in this podcast:AMC Looks Less Like a ‘Cult Stock’ and More Like an Actual CultMeme Mania Rekindles Small-Trader Love Affair With OptionsAMC Stock Sale Comes With Warning to Traders: Be Prepared to Lose It AllBiden to Amend Trump’s China Blacklist, Target Key IndustriesSee omnystudio.com/listener for privacy information.

Seema Shah, chief strategist at Principal Global Investors in London, discusses the state of the global economy and why the equity rally seems to have hit the snooze button. The U.S. has reached “peak recovery” following the pandemic, she says, yet fundamentals remain strong so cyclical and financial stocks should continue doing well. Mentioned in this podcast:RETHINK THE 40 IN YOUR 60-40 PORTFOLIORadioactive Rhino Horns Set to Add to Anti-Poaching ArsenalSee omnystudio.com/listener for privacy information.

For years, cryptocurrencies were considered fringe investments on Wall Street, but this week a massive intraday plunge in Bitcoin corresponded with a big drop in the stock market. Has crypto contagion arrived in the financial system? Art Hogan, chief strategist at National Securities, discusses this, and reminisces about the crash of 1987 when he found himself knee-deep in ticker tape at the old Boston Stock Exchange.Mentioned in this podcast:Bitcoin Rally Was So Huge It Was Worth the Risk-Adjusted TwistsMarkets’ Frothy Edge Rattled in Rough Day for Bets on InnovationBitcoin Whipsaws Investors With Same-Day Plunge, Rally of 30%See omnystudio.com/listener for privacy information.