Friday on INK Ultra Money: Pal worried gold will not be immune to a market sell-off
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1. Praying for a miracle: Coronavirus' black swan risk - Real Vision
Will the coronavirus cause the everything bubble to pop, trigger a global economic depression, and be the impetus for major systemic changes? Raoul Pal of Global Macro Investor argues that the current coronavirus outbreak could be the "biggest economic event of our lifetimes." He reveals his analysis of the real risks presented by the coronavirus outbreak and the ensuing response for people, markets, and institutions. He compares the COVID-19 outbreak to the Spanish Flu from a century ago - pointing out the important similarities and differences. He connects his doom loop thesis to the Black Swan risk that coronavirus represents to the indexification of markets, the coming retirement crisis, and the everything bubble. Finally, he shares his thoughts on the impact a global event could have on gold and cryptocurrencies and shares his hope for a better future born of the COVID-19 chaos. Filmed on March 4, 2020 in New York..
Warns time is running short
2. Buying the winter blues at Cenovus Energy - INK Research
It has been a rough winter so far for Cenovus Energy (CVE) stock and CEO Alex Pourbaix has been buying as the stock sets new 52-week lows.
Eyes dividend growth at US$45 WTI