About this episode
David Daglio shares why value investing has everything to do with looking for capital imbalances (2:00). Go short to get long bonds , miners and how investors should protect their portfolios (5:40). Gold vs gold miners (9:25). Why Jerome Powell has the most impossible job (13:00). Thoughts on the 10-year yield (19:40). AI, copper, nat gas and a huge capital spending experiment (21:10). US vs the rest of the world (28:20). Show Notes: T-Bills, gold and macro volatility Copper retakes $10K/ton as bullish Goldman sees potential 'stockout' risk Asia-Pacific markets higher tracking gains on Wall Street; Hong Kong stocks hit 8-month high Is the US exceptional vs the rest of the world? Episode transcripts For full access to analyst ratings, stock quant scores as well as dividend grades, subscribe to Seeking Alpha Premium at seekingalpha.com/subscriptions Register for Seeking Alpha's Investing Summit (don't forget your podcast discount code!)