Amrith Ramkumar
speaker
860 appearances
16 recordings
1 series
first heard May 2018
last heard Sep 2021
Amrith Ramkumar’s voice in public audio — every appearance, attributed to the second.
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Appearances
But then the U.S.
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did grant some waivers to the sanctions when they took effect earlier this week.
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So people are really, again, unsure how that is going to play out.
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And if you think about kind of the impacts of the energy industry and how that sector has been performing in the market recently, it's been one of the worst performers.
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So
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That is, again, another thing that we really don't know how that will unfold.
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But again, we've talked about before how a lot of these risky assets tied to global economic growth have been moving in tandem.
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So the slightest gyration here or there could, again, cause more angst.
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I think that's right.
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It's again, putting all of this into context with these leaders, it seems like a lot of mixed signals for people to parse through.
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And then when you couple that with the dozens of earnings reports that are continuing to come out, and then we've got inflation data, the Fed signals we talked about, it's more the convergence again of all of these things that
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people aren't really sure how they're going to affect things.
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And again, heading into the end of the year, people are trying to either limit their losses if they have them or if they have any gains, kind of monitor those.
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So some people have said the path is just to take a little bit risk off the table as all of these uncertain events kind of unfold in the next few months.
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Yeah, it's a really interesting topic because at any given time it can kind of give various signals, right?
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But basically the idea is that a lot of these riskier assets, so stocks in the U.S., global stocks, a lot of the commodities, when they're moving in the same direction, a lot of people think that they can kind of indicate excessive sentiment in either direction.
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So when all of these things are going up together, then that can kind of signal excessive optimism, which is what we saw in January, for example.
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And when they're going the opposite direction, it might be a sign that things are oversold, and they might keep going that way until there's some sort of external event.
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So really, people kind of use it as a gauge of where sentiment is and to see what areas of the market they could kind of seek shelter in.
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And so when all of these things, again, are moving together, it makes it much harder to figure out what pockets you might prefer or anything like that.
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