The full transcript of this episode is found at
This week, we saw commodities skyrocket then drop off. We saw crude oil hit levels not seen since 2008, with gasoline and home heating prices on everyone’s minds. The nickel market broke the LME. Chinese tech and real estate bloodbath. And – despite all of this - Janet Yellen assured us there will be no recession in the US. Quite a week.
As we said last week:
- Tracy called for commodity price volatility – across sectors
- Downside bias in equities with high volatility. Albert predicted 4200-4250 and pretty much nailed it.
- Sam said a Fed rate rise would become boring and talk of QT would disappear.
This episode we talked about mostly the energy commodities with the continuing Russia-Ukraine conflict. Can the US use other alternatives like the West African oil to replace Russian oil? What's the politics around the Venezuelan oil and why it's just the same as getting the Russian oil? How about uranium -- and can the US produce it and will the conflict affect rare earths? Is this war the reason for the US's inflation? How will inflation actually play with voters in this year's US election? Lastly, what's happening in Chinese tech and real estate and why there's a bloodbath and for how long will this continue?
This is the 10th episode of The Week Ahead in collaboration of Complete Intelligence with Intelligence Quarterly, where experts talk about the week that just happened and what will most likely happen in the coming week.
Follow The Week Ahead experts on Twitter:
Tony: https://twitter.com/TonyNashNerd
Sam: https://twitter.com/SamuelRines
Tracy: https://twitter.com/chigrl
Albert: https://twitter.com/amlivemon
Time Stamps
0:00 Start
1:12 Intro to markets and last week's recap
2:28 Environment for Russian oil and alternatives (West African oil, etc.)
6:53 Politics around Venezuelan oil
13:12 Uranium - can the US start producing it?
14:07 Impact of Russia-Ukraine war on the availability of rare earths.
14:42 War-driven inflation - is it Russia's fault?
17:20 How is inflation playing with voters?
19:57 Chinese tech stocks and real estate bloodbath?
24:07 China decided that they're going back to coal.
25:05 View for the week ahead