Real Vision: Finance & Investing

Our Trading League is still open! To learn more and get your chance to win up to $100,000 in prizes, visit realvision.com/your-futureMikkel Rosenvold, head of geopolitics at Steno Research, is flying solo on this week's Macro Mondays to discuss the impacts of both the U.S. midterm elections and the Abu Dhabi and Shenzhen meetings, capping off with the reveal of a surprising signal, just emerging from Steno Research's nowcasting models. Timestamps: 00:00 - Welcome to Macro Mondays 00:40 - Midterm Fallout: What the Democratic Sweep Means for Markets 02:59 - Why Republicans Lost the Midterms — and What Changes Next 08:06 - Trump vs Congress: Debt Ceiling, Shutdowns, and the Next Two Years 11:29 - Will Democrats Slow the AI Data Center Buildout? 14:03 - $70 Billion Wiped Out: Was Thursday’s AI Deleveraging the Bottom? 15:36 - Inflation Is Rolling Over Fast — Could the Fed Hiking Cycle End Early? 17:06 - Growth Is Reaccelerating: Are We Heading Back to a Gung-Ho Regime? 19:13 - Abu Dhabi Peace Talks: Russia, Ukraine, and the US Return to the Table 20:27 - Shenzhen Summit: Trump, Xi, Putin, and the New Global Power Game 22:19 - Ukraine Peace Deal: Borders, NATO, and the Security Guarantee Problem 25:02 - Could Peace in Ukraine Ease the Global Diesel Crisis? 25:56 - Ukraine, Iran, and the Setup for a Christmas Rally Learn more about your ad choices. Visit podcastchoices.com/adchoices

With the U.S. midterm elections just one day away, Andreas Steno and Mikkel Rosenvold are back to break down the forces shaping markets as November gets underway. They examine the battle for control of Congress and what the outcome could mean for markets, the disconnect between surging AI investment and selling pressure across technology stocks, and why liquidity could become the next major market catalyst. 🏆 The Real Vision Trading is now open! The best trade ideas on the platform compete for $80,000 in cash. 📈 Trading League: https://realvision.com/your-future Timestamps: 00:00 - Welcome to Macro Monday's 01:25 - Three News Items: Anthropic Q3, ISM & Iran Oil Drop 02:26 - Iran Peace Deal: Trump’s Way Out 03:30 - Real Vision Trading League Launch 04:31 - October Market Panic: Liquidity & Hedge Fund Deleveraging 06:31 - Extreme Positioning & October PPI Turning Point 08:36 - Peace Deal Could Spark Rally Like April 09:12 - US Midterms: Michigan, Texas & Democratic Sweep 13:29 - Lame Duck Period: Appropriations & Debt Ceiling 15:19 - Anthropic: Fastest $1B to $75B Growth in History 16:42 - “No More AI CapEx” Credit Investor Consensus 18:09 - Tech Sector Priced Below 2022 Bottom 20:02 - Anthropic IPO: Why Steno Prefers OpenAI 21:19 - GPU Spot Prices Soaring Since October 22:06 - LLM Margins & Commoditization Debate 24:01 - This Week on Real Vision: Drill & Drinks with Raoul 26:10 - Positioning: Semiconductors Still Look Great 27:45 - Closing Thoughts Learn more about your ad choices. Visit podcastchoices.com/adchoices

Nico Brugge and Kris Bullock break down the latest crypto and macro setup as financial conditions begin to loosen after weeks of pressure from higher bond yields, a stronger dollar, and tightening credit spreads. Kris explains why he still believes Bitcoin is in the early stages of a new bull-market regime, where he sees major support around the $76K area, and what needs to happen for BTC to regain momentum above the recent breakout zone. They also dig into the assets showing the strongest relative strength, including Hyperliquid, NEAR, Uniswap, Zcash, PUMP, and privacy coins, while examining why Ethereum continues to struggle against Bitcoin and which crypto narratives still have real fundamental support. 👉 Have a question for Kris? Join the live show every Wednesday at 1pm ET in the RV Discord. Register here: https://discord.gg/FTQsrUhD9Z. 🏆 The Real Vision Trading is now open! The best trade ideas on the platform compete for $80,000 in cash! 📈 It's FREE - Trading League: https://realvision.com/your-future Timestamps: 00:00 - Crypto Market Outlook: Are Financial Conditions Improving? 03:34 - AI Stocks, Credit Markets & the Return of Risk Appetite 05:48 - Bitcoin Price Analysis: Is the Bull Market Still Intact? 09:05 - Bitcoin Support Levels: Is $76K the Next Buying Opportunity? 11:03 - Bitcoin's Four-Year Cycle: Is the Pattern Breaking? 14:00 - Lighter (LIT) & PUMP: Which Altcoin Looks Stronger? 18:36 - Pump.fun Revenue: Is the Market Missing Something? 22:22 - Ethereum vs. Bitcoin: Why ETH Continues to Struggle 27:38 - Solana & Sui: Are Altcoins Ready for Another Rally? 30:18 - PONZ: Early Signs of a Bullish Reversal? 33:13 - Hyperliquid & Kraken: A Bullish Partnership for HYPE? 35:36 - NEAR Protocol: AI, Privacy & Token Valuation 39:15 - Uniswap (UNI): Can DeFi Momentum Continue? 41:03 - Circle, USDC & Galaxy Digital: Crypto Stocks to Watch 45:16 - Zcash vs. Monero: Why Privacy Coins Are Outperforming 51:11 - Wormhole, Venice AI & BAT: Altcoins Showing Potential 54:09 - Bittensor (TAO): What Will Trigger the Next Breakout? 56:55 - Bitcoin's Key Levels & What to Watch Next Learn more about your ad choices. Visit podcastchoices.com/adchoices

Andreas Steno and Mikkel Rosenvold are back to challenge one of the biggest narratives in markets: that the AI boom is simply another dot-com bubble waiting to burst. They break down why today's AI investment cycle may be fundamentally different from the late 1990s, and what that means for tech stocks and the broader market outlook. They also unpack the latest political surprise involving Brazil's Lula and the implications for emerging markets, before turning to renewed EU–China trade tensions and what another escalation could mean for global trade, European industry, and investors. 🏆 The Real Vision Trading is now open! The best trade ideas on the platform compete for $80,000 in cash. 📈 Trading League: https://realvision.com/your-future?utm_medium=social&utm_source=youtube&utm_campaign=2026_uyf&utm_content=macro-mondays Timestamps: 00:00 - Anthropic IPO Filing: What It Reveals About the AI Buildout 02:41 - AI vs Dot-Com: Why the Comparison Still Doesn’t Hold 05:54 - Why Higher Rates Are Forcing AI to Prove ROI Now 08:15 - Big Tech Earnings: Can Alphabet, Amazon, and Microsoft Calm Credit Markets? 09:32 - GPU Rental Prices Are Rising — and That Changes the AI Bear Case 12:33 - Is Anthropic Running Out of Compute? 15:22 - Anthropic IPO: Could It Pull Capital Away From the Mag 7? 16:42 - Where to Position If the Fed Finally Acknowledges Tight Financial Conditions 18:33 - Has the Market Already Priced in the End of the AI Boom? 19:19 - Brazil Election Shock: Lula Wins and Markets Get Hit 22:08 - Israel Election: Why Policy Toward Iran May Not Change Much 23:50 - EU vs China: Europe Escalates the Trade War Learn more about your ad choices. Visit podcastchoices.com/adchoices

Ash Bennington sits down with Jonathan Gould, U.S. Comptroller of the Currency, to break down the OCC’s final rule implementing its portion of the GENIUS Act. Gould explains how the new federal framework will regulate payment stablecoin issuers, including reserve requirements, redemption liquidity, supervision, and the application process beginning January 18. They also discuss stablecoin rewards and yield, cross-border payments, U.S. dollar dominance, and why the administration sees digital assets as an opportunity to modernize the American financial system. 🏆 The Real Vision Trading is now open! The best trade ideas on the platform compete for $80,000 in cash. 📈 Trading League: https://realvision.com/your-future Timestamps: 00:00 - The GENIUS Act Final Rule 01:09 - Stablecoin Applications Begin January 18 02:20 - How the New Framework Will Work 04:01 - Stablecoins and U.S. Competitiveness 05:32 - Reserve Requirements Explained 06:56 - Why Liquidity Matters 09:10 - Balancing Innovation and Regulation 10:41 - How Stablecoin Supervision Will Work 12:18 - Reporting and Oversight 14:37 - Yield vs. Rewards 17:56 - U.S. vs. Foreign Stablecoin Issuers 19:07 - Stablecoins and Dollar Dominance 20:49 - Why Washington Sees Crypto Differently 21:42 - What Comes Next Learn more about your ad choices. Visit podcastchoices.com/adchoices