Ultra Money Stream

The Biggest Geopolitical Fat Tail Risks for 2020

Maziar Minovi, CEO of Eurasia Group, joins Real Vision to discuss the biggest geopolitical threats to global stability that he sees on the horizon. He analyzes the ongoing decoupling of the US-China trade relationship and argues that the severing of technological protocols could inflict the most lasting damage. Minovi explains why he believes the rising cynicism of the American voter to be the greatest risk to global stability. Filmed on January 22, 2020, in New York.

Insiders fly with the times at ONEX

Onex (ONEX) was at the right place at the right time 10 years ago. INK Research takes a look at the situation at the firm today.

An Embarrassment of Riches

Chris Whalen, chairman of Whalen Global Advisors, returns to Real Vision to analyze the challenges and opportunities presented by complexities in the banking sector. He argues that the compression of banks’ “spread” – the difference between the lending and borrowing rates – is pushing banks to rely on riskier income streams. Whalen is a firm believer in the earning power of high-margin businesses such as consumer finance and mortgage lending. After shedding light on the more arcane topics of high finance, Whalen discusses a few banks stocks he likes, as well as one he thinks is so inefficient at deploying capital that it “have no clear reason to exist.” Filmed on January 21, 2020, in New York.

Will multiples expand at Founders Advantage Capital?

Founders Advantage Capital (FCF) stock has regained some momentum. But can it last? INK Research takes a look at what may lie ahead for the private equity focused investment company.

Green contrarians in transit to growth

GreenPower Motor Company (GPV) stock has been going downhill over the past 6 months even as sales have been accelerating. INK Research takes a look at what insiders have been doing.

Most Popular

Real Vision Dec 09, 2019
Decarbonization: The Divestment Death Cycle
Rob West, founder of Thunder Said Energy – an energy consulting firm, understands that the total decarbonization of the energy industry will be fueled by political attitudes around the world over the next few decades. However, West argues that proponents of ESG investing fail to understand that this transition will involve massive investment in fossil fuels and cooperation with villainized oil majors. He explains his framework for total decarbonization of the energy industry by 2050, and highlights the new technologies and investment vehicles that will be necessary to drive the transition. Filmed on October 18, 2019 in New York.
Real Vision Nov 19, 2019
Dollar Liquidity: The End Game for China
China is one of biggest debt bubbles in the world, so why haven’t we seen a credit crisis yet? Brian McCarthy, chief strategist at Macrolens, makes his Real Vision debut to dissect the structure of the Chinese banking system and to examine the probabilities of a full-blown financial meltdown. McCarthy walks through why he believes Chinese economic growth will continue to deteriorate and explains the dollar shortage through Mundell's framework of the impossible trinity. He then argues that China is on a path towards self-decoupling from the rest of the world, similar to that of North Korea. He notes why the Chinese Yuan will continue to weaken and considers the near-term ramifications from Hong Kong and the trade war. Filmed on November 13, 2019.
Real Vision Jan 10, 2020
Oil & The Next Recession
Will the underlying dynamics of the oil market be the next black swan? Mark Gordon, CIO of the Ascent Oil Fund, joins Real Vision to unpack his data-driven view on why the rising tide of scarcity in oil markets could be the trigger for the next global recession. Gordon's thesis touches on the shale markets, the risks posed by electric vehicles, his outlook for production and exploration stocks, and the recent unrest in Iran and the Middle East. Filmed on January 3, 2020 in New York.
Real Vision Jan 13, 2020
Profiting from Mispriced Credit Risk
Daniel Zwirn, CEO of Arena Investors, kicks off Debt Week by bringing his unique credit framework to Real Vision. Zwirn argues that a decade of cheap money has worsened credit quality, but that nevertheless there are lucrative fixed-income opportunities on the long- as well as short-side. He warns of the risks he sees in leveraged loans (as well as the CLOs that package them), noting the "asset-liability mismatch" as one of his most severe concerns. Other topics include: regulatory change, interest rate risk, and idiosyncratic plays in energy and real estate. Filmed on January 6, 2020, in New York.

Starting Points

Stock Ideas

The Biggest Geopolitical Fat Tail Risks for 2020

Maziar Minovi, CEO of Eurasia Group, joins Real Vision to discuss the biggest geopolitical threats to global stability that he sees on the horizon. He analyzes the ongoing decoupling of the US-China trade relationship and argues that the severing of technological protocols could inflict the most lasting damage. Minovi explains why he believes the rising cynicism of the American voter to be the greatest risk to global stability. Filmed on January 22, 2020, in New York.

Investing Strategy

The Biggest Geopolitical Fat Tail Risks for 2020

Maziar Minovi, CEO of Eurasia Group, joins Real Vision to discuss the biggest geopolitical threats to global stability that he sees on the horizon. He analyzes the ongoing decoupling of the US-China trade relationship and argues that the severing of technological protocols could inflict the most lasting damage. Minovi explains why he believes the rising cynicism of the American voter to be the greatest risk to global stability. Filmed on January 22, 2020, in New York.

Policy Disruption

The Biggest Geopolitical Fat Tail Risks for 2020

Maziar Minovi, CEO of Eurasia Group, joins Real Vision to discuss the biggest geopolitical threats to global stability that he sees on the horizon. He analyzes the ongoing decoupling of the US-China trade relationship and argues that the severing of technological protocols could inflict the most lasting damage. Minovi explains why he believes the rising cynicism of the American voter to be the greatest risk to global stability. Filmed on January 22, 2020, in New York.

Innovation

Green contrarians in transit to growth

GreenPower Motor Company (GPV) stock has been going downhill over the past 6 months even as sales have been accelerating. INK Research takes a look at what insiders have been doing.

Style Channels

Contrarian

The Biggest Geopolitical Fat Tail Risks for 2020

Maziar Minovi, CEO of Eurasia Group, joins Real Vision to discuss the biggest geopolitical threats to global stability that he sees on the horizon. He analyzes the ongoing decoupling of the US-China trade relationship and argues that the severing of technological protocols could inflict the most lasting damage. Minovi explains why he believes the rising cynicism of the American voter to be the greatest risk to global stability. Filmed on January 22, 2020, in New York.

Growth

An Embarrassment of Riches

Chris Whalen, chairman of Whalen Global Advisors, returns to Real Vision to analyze the challenges and opportunities presented by complexities in the banking sector. He argues that the compression of banks’ “spread” – the difference between the lending and borrowing rates – is pushing banks to rely on riskier income streams. Whalen is a firm believer in the earning power of high-margin businesses such as consumer finance and mortgage lending. After shedding light on the more arcane topics of high finance, Whalen discusses a few banks stocks he likes, as well as one he thinks is so inefficient at deploying capital that it “have no clear reason to exist.” Filmed on January 21, 2020, in New York.

High Yield & Income

The Biggest Geopolitical Fat Tail Risks for 2020

Maziar Minovi, CEO of Eurasia Group, joins Real Vision to discuss the biggest geopolitical threats to global stability that he sees on the horizon. He analyzes the ongoing decoupling of the US-China trade relationship and argues that the severing of technological protocols could inflict the most lasting damage. Minovi explains why he believes the rising cynicism of the American voter to be the greatest risk to global stability. Filmed on January 22, 2020, in New York.

Cryptos, Gold, & Hard Assets

Crossing the ETF Divide

When he first sat down with Grant Williams in 2017 in a series called “The Dark Side of ETFs,” Steven Bregman, president and director of research at Horizon Kinetics, dissected the problematic consequences of passive investing and the potential bubble that has since only grown. In 2020, he has not changed his tune. Ultimately, Bregman and Michael Green debate the risks and fallacies of a market dynamic, which Bregman argues presents incredible opportunity for investors willing to risk crossing the ETF divide. Filmed on January 20, 2020 in New York.

Real Vision

Real Vision Jan 28, 2020
The Biggest Geopolitical Fat Tail Risks for 2020
Maziar Minovi, CEO of Eurasia Group, joins Real Vision to discuss the biggest geopolitical threats to global stability that he sees on the horizon. He analyzes the ongoing decoupling of the US-China trade relationship and argues that the severing of technological protocols could inflict the most lasting damage. Minovi explains why he believes the rising cynicism of the American voter to be the greatest risk to global stability. Filmed on January 22, 2020, in New York.
Real Vision Jan 27, 2020
An Embarrassment of Riches
Chris Whalen, chairman of Whalen Global Advisors, returns to Real Vision to analyze the challenges and opportunities presented by complexities in the banking sector. He argues that the compression of banks’ “spread” – the difference between the lending and borrowing rates – is pushing banks to rely on riskier income streams. Whalen is a firm believer in the earning power of high-margin businesses such as consumer finance and mortgage lending. After shedding light on the more arcane topics of high finance, Whalen discusses a few banks stocks he likes, as well as one he thinks is so inefficient at deploying capital that it “have no clear reason to exist.” Filmed on January 21, 2020, in New York.
Real Vision Jan 24, 2020
Crossing the ETF Divide
When he first sat down with Grant Williams in 2017 in a series called “The Dark Side of ETFs,” Steven Bregman, president and director of research at Horizon Kinetics, dissected the problematic consequences of passive investing and the potential bubble that has since only grown. In 2020, he has not changed his tune. Ultimately, Bregman and Michael Green debate the risks and fallacies of a market dynamic, which Bregman argues presents incredible opportunity for investors willing to risk crossing the ETF divide. Filmed on January 20, 2020 in New York.
Real Vision Jan 23, 2020
Expensive But Not Overvalued
Michael Kantrowitz, chief investment strategist at Cornerstone Macro, returns to Real Vision to articulate his stock market outlook for 2020. Noting ultra-low interest rates, narrow credit spreads, and a record-low level of cyclicality in the S&P 500, Kantrowitz argues that while the stock market is certainly expensive, it may not necessarily be overvalued. He recommends a balanced approach that favors value stocks over growth, cyclical over non-cyclical, and domestic over foreign. Filmed on January 21, 2020 in New York.

INK Videos

INK Videos Jan 27, 2020
Insiders fly with the times at ONEX
Onex (ONEX) was at the right place at the right time 10 years ago. INK Research takes a look at the situation at the firm today.
INK Videos Jan 27, 2020
Will multiples expand at Founders Advantage Capital?
Founders Advantage Capital (FCF) stock has regained some momentum. But can it last? INK Research takes a look at what may lie ahead for the private equity focused investment company.
INK Videos Jan 24, 2020
Green contrarians in transit to growth
GreenPower Motor Company (GPV) stock has been going downhill over the past 6 months even as sales have been accelerating. INK Research takes a look at what insiders have been doing.
INK Videos Jan 22, 2020
Insiders are fired up at Maxim Power
Maxim Power (MXG) expects to launch its new natural gas fired power generation plant by June. Insiders are betting that it will brighten the firm's prospects.