Yesterday I had Jason Perz on the podcast for the first time, and we discussed the different trends going on in the financial markets. We talked about the commodities complex and which areas he finds most appealing right now, along with the reasons to avoid large cap tech and bonds as we move through this inflationary regime. It was a fun conversation and I’ll definitely be having him back on to discuss how these trends have developed over time. You can find him on Twitter, Substack, along with his YouTube.
Podcast Summary
The changing investment environment and what it means for stocks, bonds, and commodities.
The concentration in megacap tech stocks, and how it mirrors past cycles.
How rising energy prices create issues for the broader equity market, and why he thinks the trend for the sector is just getting started.
The different things to look for when it comes to news failures and mean reversion, and how that feeds into a setup for a trade.
How sector equities moving ahead of a commodity signify risk on for that sector.
The gold to oil ratio and why he thinks it will rubber band back to something closer to a historical relative valuation.
Why the trend in the precious metals complex has time to run, and why we could see the move in the miners continue from here.
Copper being one of the biggest opportunities right now, and why he prefers to get exposure through the major ETFs.
Why nickel has the most upside out of all the industrial metals, and why he avoids the LME.
His exposure in the uranium space, and why his current exposure is in the juniors.
Agricultural commodities being the next space to move.
Book Recommendation: The Fountainhead by Ayn Rand.
