What Value Investing with Sven Carlin, Ph.D. said in this video:
- Recession RiskneutralThe recession that could have happened in 2022 did not occur because AI saved the economy.Source
- Bonds & Ratesnegative for stocksGlobal interest rates may finally move higher after more than a decade of zero rates, which would be a game changer for how the world works and pressure bond and financing conditions.Source
- Bonds & Ratesnegative for stocksFiscal pressures along with aging and demographics are simply a negative, as government bond supply is crowding out others.Source
- Othernegative for stocksThe US net international investment position has turned significantly negative; if foreigners retreat that money, it would be a big issue to watch.Source
- OtherneutralThe Eurozone economy is around 1%, nothing spectacular but also nothing too bad, even if people like to call it Eurozone debt.Source
- Employmentpositive for stocksEurozone unemployment is going down, which is positive.Source
- Oil & Energypositive for stocksmid-termNatural gas inventories are below the standard range before winter, so we might see another natural gas spike and higher electricity prices.Source
- Bonds & Ratesnegative for stocksIf the US raises rates, Europe will also have to do so, although the host is unsure whether this is a good idea.Source