VIDEOS

In this clip, Hugh Hendry and Raoul Pal discuss the fate of the U.S. dollar as it faces unprecedented headwinds, particularly as Modern Monetary Theory (MMT) is implemented in order to paper over the cracks in the financial system. Raoul and Hugh explore how gold could perform in a debt deflation and whether central bank largesse is sufficient to help risk assets perform. After a thorough investigation into the interplay between volatility and price, they contemplate the prospect of a “gilded depression” – one in which cataclysmic economic disaster is kept solvent by never-ending fiscal stimulus and where asset prices are continually re-inflated by incessant injections of central bank liquidity.

In this clip, Hugh Hendry and Raoul Pal discuss investing in island real estate as the ultimate way to hedge against financial volatility and geopolitical uncertainty. Hugh discusses a 5 million euro mortgage he took on from a French bank, and how recent developments serve as an example of “financial lubrication.” Hugh Hendry is the founder and former CIO of Eclectica Asset Management and he joins Real Vision CEO Raoul Pal to analyze the state of markets at this unprecedented juncture of uncertainty and to reflect on a lifetime of macro investing.

In this clip, Hugh Hendry, founder and former CIO of Eclectica Asset Management, tells Real Vision CEO Raoul Pal about an extremely rare correlation he has been keeping an eye on: the stock-volatility convergence.

This week Real Vision use Refinitiv's best-in-class data to look at how the gap between Main Street and Wall Street is getting wider, with consumers retrenching and small businesses facing bankruptcy, whilst central banks continue to support asset prices. The Chatter looks at how the US equity market continues to outperform its global peers. The Whisper looks at how the response may help silver prices rise much further.

Hugh Hendry, founder and former CIO of Eclectica Asset Management, joins Real Vision CEO Raoul Pal to analyze the state of markets at this unprecedented juncture of uncertainty and to reflect on a lifetime of macro investing. Raoul and Hugh explore how gold could perform in a debt deflation and whether central bank largesse is sufficient to help risk assets weather the storm. After a thorough investigation into the interplay between volatility and price, they contemplate the prospect of a “gilded depression” – one in which cataclysmic economic disaster is kept solvent by never-ending fiscal stimulus and where asset prices are continually re-inflated by incessant injections of central bank liquidity. Filmed on April 29, 2020, over Skype.

Roger Hirst is joined by experts from the silver industry to talk about why now could be an exciting time for Silver. Often over-looked in favor of gold, silver has historically delivered supercharged returns during times of stress. Why Silver? Why Now? And how to play it.

Balaji Srinivasan is a highly accomplished investor, entrepreneur, executive, and academic. In this conversation with Real Vision’s Ash Bennington, Srinivasan unpacks his tech-centric view of combating the coronavirus — informed by his background in the medical testing space and his Ph.D. work in microbial genetics at Stanford. Srinivasan also served as the Chief Technical Officer at the digital currency behemoth CoinBase and as a general partner at the storied Silicon Valley venture capital firm Andreessen Horowitz. Srinivasan runs through the numbers he uses on to track the progress of coronavirus and explains why he relies on those numbers while critiquing others. Filmed on April 28, 2020.

Balaji Srinivasan is a highly accomplished investor, entrepreneur, executive, and academic. In this conversation with Real Vision’s Ash Bennington, Srinivasan unpacks his tech-centric view of combating the coronavirus — informed by his background in the medical testing space and his Ph.D. work in microbial genetics at Stanford. Srinivasan also served as the Chief Technical Officer at the digital currency behemoth CoinBase and as a general partner at the storied Silicon Valley venture capital firm Andreessen Horowitz. Srinivasan relates his story of following the coronavirus starting with the lockdown in Wuhan in January. He breaks down how the West coast perspective and decentralization have impacted the response to coronavirus. Filmed on April 28, 2020.

Balaji Srinivasan is a highly accomplished investor, entrepreneur, executive, and academic. In this conversation with Real Vision’s Ash Bennington, Srinivasan unpacks his tech-centric view of combating the coronavirus — informed by his background in the medical testing space and his Ph.D. work in microbial genetics at Stanford. Srinivasan also served as the Chief Technical Officer at the digital currency behemoth CoinBase and as a general partner at the storied Silicon Valley venture capital firm Andreessen Horowitz. Srinivasan breaks down how large tech corporations are stepping into the role of international organizations like the WHO, and talks about the transition between the centralization of the 20th century and the decentralization of the 21st century. Filmed on April 28, 2020.

Balaji Srinivasan is a highly accomplished investor, entrepreneur, executive, and academic. In this conversation with Real Vision’s Ash Bennington, Srinivasan unpacks his tech-centric view of combating the coronavirus — informed by his background in the medical testing space and his Ph.D. work in microbial genetics at Stanford. Srinivasan also served as the Chief Technical Officer at the digital currency behemoth CoinBase and as a general partner at the storied Silicon Valley venture capital firm Andreessen Horowitz. Srinivasan calls the FDA’s 28-day coronavirus testing prevention policy the greatest failure in the history of the FDA and possibly the United States. Filmed on April 28, 2020.

Roger Hirst and Jeoff Hall, Refinitiv’s Managing Economist, talk about how the U.S. economy and job market will recover after being so badly hit in the past few months. Are things going to get worse before they get better or is there light at the end of the tunnel?

It’s undeniable now – we’re headed toward a global recession. So, what’s next? Join us for an epic 2-week journey as we ask the biggest names – Raoul Pal, Kyle Bass, Hugh Hendry, Kiril Sokoloff, Mike Green, Brent Johnson, and more – to answer the big question about our collective future.

Balaji Srinivasan is a highly accomplished investor, entrepreneur, executive, and academic. In this conversation with Real Vision’s Ash Bennington, Srinivasan unpacks his tech-centric view of combating the coronavirus — informed by his background in the medical testing space and his Ph.D. work in microbial genetics at Stanford. Srinivasan also served as the Chief Technical Officer at the digital currency behemoth CoinBase and as a general partner at the storied Silicon Valley venture capital firm Andreessen Horowitz. Srinivasan also shares his perspective on what changes the US government needs to institute in order to compete with China to control the coronavirus outbreak. Filmed on April 28, 2020.

Long before the market’s most recent correction, underfunded pensions were already a huge concern. Now that prices have fallen along with interest rates, pensions are in an even worse position than before. Leo Kolivakis, publisher of Pension Pulse, returns to update Ed Harrison and Real Vision viewers on the state of the global pension system with a specific focus on how the COVID crisis has affected pension funding gaps. Filmed on April 24, 2020.

Long before the market’s most recent correction, underfunded pensions were already a huge concern. Now that prices have fallen along with interest rates, pensions are in an even worse position than before. Leo Kolivakis, publisher of Pension Pulse, returns to update Ed Harrison and Real Vision viewers on the state of the global pension system with a specific focus on whether defined benefit pension plans will be replaced by defined contribution plans. Filmed on April 24, 2020.

Long before the market’s most recent correction, underfunded pensions were already a huge concern. Now that prices have fallen along with interest rates, pensions are in an even worse position than before. Leo Kolivakis, publisher of Pension Pulse, returns to update Ed Harrison and Real Vision viewers on the state of the global pension system with a specific focus on how the short vol trade and private market investments have and will continue to be affected by the crisis. Filmed on April 24, 2020.

This week Real Vision use Refinitiv's best-in-class data to look at how a solvency crisis will emerge out of the hope phase of this economic shock, in a wide-ranging interview with Real Vision’s CEO and co-founder, Raoul Pal. Government accommodation has helped to offset the initial liquidity shock, but balance sheets have been impaired at the household, corporate and government level.

Long before the market’s most recent correction, underfunded pensions were already a huge concern. Now that prices have fallen along with interest rates, pensions are in an even worse position than before. Leo Kolivakis, publisher of Pension Pulse, returns to update Ed Harrison and Real Vision viewers on the state of the global pension system with a specific focus on how the short vol trade and private market investments have and will continue to be affected by the crisis. Filmed on April 24, 2020.

Professor Mark Blyth and Professor Adam Tooze explore how coronavirus is laying bare the hidden risks embedded within our financial systems and how central banks worldwide are scrambling to paper over those chasms of danger. In this wide-ranging discussion, they explore China, and specifically the People’s Bank of China (PBOC) as the “dog that hasn’t barked.” They also explore the U.S. dollar and central bank swap lines, and capital flight in China, but the main theme is fragile just how fragile our global financial system is, and how it relies on ever greater injections of liquidity in order to stay afloat. Mark Blyth is the William R. Rhodes ’57 Professor of International Economics and Professor of Political Science and International and Public Affairs at Brown University. He is the author of “Austerity: The History of a Dangerous Idea” and the upcoming book “Angrynomics” with Eric Lonergan. Adam Tooze is the Shelby Cullom Davis chair of History at Columbia University and serves as Director of the European Institute.

In this clip, Professor Mark Blyth and Professor Adam Tooze explore the Federal Reserve as the dominant actor in moving markets at this unprecented juncture. They analyze how coronavirus is laying bare the hidden risks embedded within our financial systems and how central banks worldwide are scrambling to paper over those chasms of danger. To them, it seems that the Federal Reserve has rewritten its remit, and they discuss how rather than try and keep prices stable or keep unemployment low, the sole focus of the Fed right now seems to be supporting asset prices at any cost, even if that means bailing out leveraged entities who took on too much risk. They also explore how the Fed’s central bank swap lines are affecting markets worldwide, specifically in Turkey. Mark Blyth is the William R. Rhodes ’57 Professor of International Economics and Professor of Political Science and International and Public Affairs at Brown University. He is the author of “Austerity: The History of a Dangerous Idea” and the upcoming book “Angrynomics” with Eric Lonergan. Adam Tooze is the Shelby Cullom Davis chair of History at Columbia University and serves as Director of the European Institute.