🔥 Get FREE ACCESS to Real Vision rvtv.io/3MMeRfQ CHAPTERS (00:00) Introduction and Sponsor Message (01:15) Raoul Pal Introduces the Show (01:47) Raoul's Background and Career Journey (02:47) Origin of Global Macro Investor (04:22) Economic Growth and Debt (06:23) Government Debt and Financial Repression (09:23) Demographics and Economic Trends (12:55) Business Cycle and Liquidity (15:01) The Importance of Liquidity in Asset Prices (18:13) Predicting the ISM Cycle and Asset Prices (22:48) Global Liquidity and Debt Cycles (25:36) Impact of Demographics on Debt and Growth (27:24) Correlation Between Liquidity and Asset Prices (30:31) The Role of Debasement in Asset Prices (33:26) Forecasting Liquidity and Asset Prices (36:06) The Role of Cycles in the Economy (38:13) Correlation of NASDAQ and Liquidity (41:04) Forecasting the Liquidity Cycle (43:25) The Future of Asset Prices (46:23) Summary of the Everything Code (49:57) Business Cycle and Asset Allocation (53:21) Macro Investing Tool and Real Vision Services (56:37) Importance of CEO Confidence and Earnings (01:00:09) Macro Summer and Seasonal Investing (01:03:43) Performance Across Different Macro Seasons (01:06:13) Identifying Macro Trends (01:08:29) Expansion and Recovery Indicators (01:11:14) Real-Time Example of Growth Momentum (01:13:57) Using Lead Indicators for Investment (01:16:22) Commodity Prices and Financial Conditions (01:18:57) Small Caps and Earnings Cycles (01:22:09) Materials, Industrials, and Financials (01:24:45) Banks and Cyclical Performance (01:27:13) Copper vs. Gold Ratio (01:29:47) Altcoins and the Business Cycle (01:32:22) Altcoins Market Cap Breakout (01:34:31) Technical Analysis of Altcoins (01:36:58) NFTs as Trophy Assets (01:39:26) Impact of Liquidity on NFTs (01:41:57) Crypto Adoption and Growth (01:44:32) Super Massive Black Hole in Crypto (01:47:23) Macro and Crypto Convergence (01:50:17) Conclusion and Final Thoughts
Tremendous knowledge put together in less than 2.5 hours. Everybody who is not willing to watch and learn, deserves to stay in the rat race. Raoul and Team created this and share it all for free. Don't put it to waste just because you want to "save" yourself 2.5 hours. Thank you to everybody behind this!
THE GRAPH GRT A.I CRYPTO: $6.75 🚀THE GRAPH $GRT IS DOMINATING A.I. DEVELOPMENT AND UPGRADES TO THEIR ECOSYSTEM FOR CHAINLINK, BASE, COINBASE, ETC....GRT is AHEAD OF THE PACK WHEREAS FET/AGIX/OASI👎🏼
Very informative. Incredible analysis and gigantic added value that you provide here. It simply makes an incredible amount of sense. Thank you very much
how do you think less rate cuts than anticipated (e.g. sticky inflation) will affect the liquidity cycle and perhaps further "delay" fall season/extend summer?
How do you combine an forward Inflation below 3% with a money printing increase and monetary debasement yearly of 8-10%? It doesnt match does it? Thanks for the great presentation
Some valuable analysis here for sure. However, betting on markets to obey a historical pattern you have discovered is an age old way to lose money. And if your pattern only has 4 data points and you talk about it like it's a fundamental law of physics, then you must be a research guy rather than a trader.
Inflation pertains to broader basket of goods, things you buy at the store. Thing is that many of our everyday goods are deflationary. TVs, technology, etc gets better and cheaper overtime Since new money comes into the economy in via debt, debt that is tied to an asset like real estate or a corporate bonds or a government bond it pushes up their prices and debases the purchasing power within those segments. Debasement effects to the cost of assets and high value purchases that people make. This includes stocks, homes, insurance, your college education, etc.
🔥 Get FREE ACCESS to Real Vision rvtv.io/3MMeRfQ
CHAPTERS
(00:00) Introduction and Sponsor Message
(01:15) Raoul Pal Introduces the Show
(01:47) Raoul's Background and Career Journey
(02:47) Origin of Global Macro Investor
(04:22) Economic Growth and Debt
(06:23) Government Debt and Financial Repression
(09:23) Demographics and Economic Trends
(12:55) Business Cycle and Liquidity
(15:01) The Importance of Liquidity in Asset Prices
(18:13) Predicting the ISM Cycle and Asset Prices
(22:48) Global Liquidity and Debt Cycles
(25:36) Impact of Demographics on Debt and Growth
(27:24) Correlation Between Liquidity and Asset Prices
(30:31) The Role of Debasement in Asset Prices
(33:26) Forecasting Liquidity and Asset Prices
(36:06) The Role of Cycles in the Economy
(38:13) Correlation of NASDAQ and Liquidity
(41:04) Forecasting the Liquidity Cycle
(43:25) The Future of Asset Prices
(46:23) Summary of the Everything Code
(49:57) Business Cycle and Asset Allocation
(53:21) Macro Investing Tool and Real Vision Services
(56:37) Importance of CEO Confidence and Earnings
(01:00:09) Macro Summer and Seasonal Investing
(01:03:43) Performance Across Different Macro Seasons
(01:06:13) Identifying Macro Trends
(01:08:29) Expansion and Recovery Indicators
(01:11:14) Real-Time Example of Growth Momentum
(01:13:57) Using Lead Indicators for Investment
(01:16:22) Commodity Prices and Financial Conditions
(01:18:57) Small Caps and Earnings Cycles
(01:22:09) Materials, Industrials, and Financials
(01:24:45) Banks and Cyclical Performance
(01:27:13) Copper vs. Gold Ratio
(01:29:47) Altcoins and the Business Cycle
(01:32:22) Altcoins Market Cap Breakout
(01:34:31) Technical Analysis of Altcoins
(01:36:58) NFTs as Trophy Assets
(01:39:26) Impact of Liquidity on NFTs
(01:41:57) Crypto Adoption and Growth
(01:44:32) Super Massive Black Hole in Crypto
(01:47:23) Macro and Crypto Convergence
(01:50:17) Conclusion and Final Thoughts
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Thank you Rauol. Absolutely priceless, fantastic work!!
Smash that LIKE BUTTON and SUBSCRIBE for more...
You guys kept saying 2 hours is too long….I could listen to you guys ALL DAY! SO AWESOME!!!! THANK YOU!!!!
❤Lifestyle chips, makes sense and yet uncomfortable to sell quality assets for Fiat trash that is being debased, how could value be stored though?
This is mind blowing !!! Great content … continue your content regardless of the length of video
Definatley !!! :) great learning stuff for me, incl. RV. Thx so much....
The most comprehensive macro cycle breakdown I’ve ever seen - mandatory viewing
Thank you for this inside information...... You are decent man in a world filled with scammers.
Well done.
Raoul Pal is the equivalent of the Rich Dad everyone didn't have growing up in the book Rich Dad, Poor Dad.
Possible one of the most important investment videos on the internet right now.
Possibly the single most valuable video on YT ever. Thank you Raoul.
LITERALLY THE ULTIMATE Masterclass!!!!!! Thank you guys
Totally and utterly brilliant. Value beyond value 👏 thank you 🙏
Tremendous knowledge put together in less than 2.5 hours. Everybody who is not willing to watch and learn, deserves to stay in the rat race. Raoul and Team created this and share it all for free. Don't put it to waste just because you want to "save" yourself 2.5 hours.
Thank you to everybody behind this!
Great video. Gonna watch it multiple times.
This should have gone viral...I feel sorry for who didn't watched this
Better for us :)
Very generous of you to give this information for free
You can support this channel by subscribing and sharing this video
This video made me go ahead and purchase a RV subscription, great stuff, keep it up!
Thank you so much for your support! It means a lot to me.
Legendary 2 hours - so thankful
super brilliant and helpful stuff. Truly a masterclass. Cannot thank you enough guys for all the value you provide for us all.
So much Alpha. So many nuggets. One of your best videos. Thanks!!
4 year economics degree is done in 2 hours. Thanks Raoul Pal
Who needs 4 years when you have Raoul Pal on speed dial, right?
@@RaoulPalTJM exactly
Agree ...
I've applied for a refund for my B.Econ at University of Sydney. I'm not holding my breath
Much appreciated gents! Possibly the most important video for digital asset investors to see and understand
A galactic level of macro-financial understanding, spoken in a way the common man/woman can relate. Exponentially beneficial.
Thanks Raoul and Julien..as a teacher of mostly low to middle income students studying Economics, this will change lives..forever grateful.
How is this free.
This is the best video I’ve watched from you. Thank you
Thank you for your work, 25 years old and excited to study your work for the many years ahead
why 53K people watched but not all liked it. You gotta like this video. It's one of the best on this platform
When one talks of golden nuggets. This macro review is what they are referring to! Top alpha! Thank you both and the team behind this ❤
Our pleasure!
Gotta say the amount of world class knowledge and insights were being given from this is phenomenal. Thank you Raoul and Julliene.
Excellent video and analysis. Thanks Raoul.
Glad you liked it!
Excellent! Will rewatch it a few times! Thanks, Cheers!
this is excellent work! hard to see a world where crypto doesn’t go exponential
This is all crystal clear!
Awesome MBA+
Level training!
Excellent presentation and great job by Julien on explaining the complex economic concepts at a laymen level.
Glad it was helpful!
Saved downloaded shared / namaste 🙏🏻
You're the best!
What if they do not print money does this "everything code" does not work? Or if the economy collapses?
Guys , Well done and Thankyou 👌
Most important 2.1/2 hrs of my year so far
I'm so glad you found the video valuable!
Fantastic content, it should be mandatory viewing for every young person in the world! Thanks Raoul.🔥
Poor South Africa - my home country - We're in bloomin winter or fall all the time...[1h 23m]
Cheers Raoul, always appreciate your analysis and expertise, and generosity in spreading what you know. Enjoy the islands
Thanks, will do!
Simply amazing. Thank you so much for such great information and insight., Truly rare!
Glad it was helpful!
Hands down the most insightful macro view for financial freedom in a ten year plan of action. Bravo Raoul, Julien and team!
Absolute masterclass. Thank you Raoul and team. I'll be rewatching and taking notes.
I'm glad you found the content valuable! Keep learning and applying.
A+++++++
Thanks for providing sufficient amount of data, opinions and experience with the complete intention of protecting regular day investors/families.
Our pleasure!
this video and all of the information packed in it is pure gold!! protect you bags and prosper it'
s gonna be a great year!
Thanks for watching!
Wow. one of the most valuable vids on RUclips. Masterclass indeed. So grateful to the team!
We might need to start charging for these masterclasses soon! Just kidding. Your support is priceless!
Excellent video. Thanks!!
You are welcome!
Impressive body of work and very grateful that you chose to share your intellectual property with the wider world. Thank you both
"Diversification is dead" - Raoul Pal
It's definitely an interesting perspective to consider!
Have to add, love the RV leadership, team and community. Well worth checking out on the platform.
That's awesome to hear! The RV community is truly something special.
Best macro investing class Ive ever seen by far. Thank u.
Thank you for the kind words, it means a lot to me!
Thank you! Thank you!! Thank you!!!!! 🙏🏽
Your gratitude means the world to me, thank you!
A big thank you Raoul!
Thank you so much for your kind words!
Great video. Ive shared it and liked it👍
Thanks for sharing!!
🦆
This is the best, highest-density, highest-signal encapsulation of the current state of macro & future macro thesis I've ever seen
PURE GOLD
Every video you make is pure gold.
Wow, thank you so much! I’m glad you’re enjoying the content!
This looks identical to Michael Howell's Global Liquidity Cycle presentation.
@RaoulPalTJM
Raoul, are still 90% in Sol, even after Eth ETF being approved and hard decline in Sol/Eth chart ?
Thanks man in advance for response...
THE GRAPH GRT A.I CRYPTO: $6.75 🚀THE GRAPH $GRT IS DOMINATING A.I. DEVELOPMENT AND UPGRADES TO THEIR ECOSYSTEM FOR CHAINLINK, BASE, COINBASE, ETC....GRT is AHEAD OF THE PACK WHEREAS FET/AGIX/OASI👎🏼
great stuff . appreciated cheers
No problem 👍
Super informative, RV is premium quality 🔥
Thanks, Raoul, very very useful. My mind is going bananas. Greetings from Amsterdam
what happens if we double the population with robots ?
Love it when Raoul says "everything is macro and macro is everything" lol
Hey Raoul, thanks for another live streaming. Cheers
Awesome as always.
Which platforms reflect risk management within legacy institutions?. Does risk even matter?
Philanthropy for the average man. Thank you for you efforts in helping the average middle class person regain some wealth again. Pure generosity.
$ICP is next eth Solana 🚀🚀🚀
Best macro analysis out there - thank you for putting this out there for the masses to access!
Incredible Insights. Thank you immensely!!
It's already September in your "perfect forecast" it said BTC 200k + 😂
Be more realistic
Thank you very much for the presentation... much appreciated.
It’s almost like Satoshi KNEW this 4 year cycle. As Bitcoin halving perfectly aligns with it 😳
If back in 2008 everything was reset by lowering interest rates to 0. Could 2020 have created another reset and started a new cycle?
If its all about Liquidity, then you better understand Richard Hearts Pulsechain blockchain and the Lquidity web being developed there
Excellent presentation. RV brings the goods.
Yes it does!
Very informative. Incredible analysis and gigantic added value that you provide here. It simply makes an incredible amount of sense. Thank you very much
Raoul and Julien thank you, this was a current tour de force macro masterclass in a sense
Love the deep long format
how do you think less rate cuts than anticipated (e.g. sticky inflation) will affect the liquidity cycle and perhaps further "delay" fall season/extend summer?
Raoul, Julien..,. Thanks gents! 🤓- really important and interesting content… off to the Real Vision site next! 🤓👌👍
How do you combine an forward Inflation below 3% with a money printing increase and monetary debasement yearly of 8-10%? It doesnt match does it? Thanks for the great presentation
Probably the most insightful finance video I’ve ever watched. been following you for awhile Raoul, thank you so much
Curious about your thoughts- if AI increases productivity does the Everything Code still stand.
@14:30 if diversification is dead, and it is not.
then rigously tracked managed mutual funds will beat passive index, which has not happened.
Thank you for the amazing content as always 👍 best 2hours I’ve spent on RUclips
Guys please don't drink your bitcoin. It's important.
Raoul - great video! Would love to see the application of. the "The Everything Code" in downturns
So much great macro analysis. Thanks for identifying the cycle. Let’s make some $$ this cycle
Thanks for putting this together Raoul and team! Watched it multiple times. Very eye opening
Some tough technical concepts but overall a great job in explaining the most important ideas for what lays ahead - such as 'the banana zone'...
just finished it. Massive video. Immense amount of useful information. Keep going.
Love the explanations from both Julien and Raooul!!
Just brilliant. Thank you so so much! 😊😊
Glad you enjoyed it!
Shark neurology!! And now he helps us navigate the financial ocean which is filled with sharks! :)
Thank you gentlemen!
You're very welcome! We appreciate your support!
Some valuable analysis here for sure. However, betting on markets to obey a historical pattern you have discovered is an age old way to lose money. And if your pattern only has 4 data points and you talk about it like it's a fundamental law of physics, then you must be a research guy rather than a trader.
Awesome contact thanks guys
Outstanding gentlemen and appreciate you both in making this available to everyone.
This is the best video of all time on RUclips. Real Vision subscriber 🚀
Your support means the world to me! I'm grateful to have you as a subscriber.
Raoul, have you looked into how the pareto principle regarding growth plays into your thesis?
What's the difference between debasement and inflation?
the name!
Inflation pertains to broader basket of goods, things you buy at the store.
Thing is that many of our everyday goods are deflationary. TVs, technology, etc gets better and cheaper overtime
Since new money comes into the economy in via debt, debt that is tied to an asset like real estate or a corporate bonds or a government bond it pushes up their prices and debases the purchasing power within those segments.
Debasement effects to the cost of assets and high value purchases that people make. This includes stocks, homes, insurance, your college education, etc.