A Profit Recession Is Coming, An End To Inflation Is Not | Vincent Deluard

In the spring of 2020, the idea that the world would see persistent inflation was laughed at. No one is laughing now. Vincent Deluard, head of global macro at StoneX, is one of the few macro analysts who foresaw this inflationary spiral to its full extent. He returns to Forward Guidance to explain how in the next leg of this inflationary saga, corporate profits will plummet as unemployment remains low and inflation fails to return to normal levels. Deluard shares several trade ideas and argues that the bear market has only just begun. -- Follow Vincent Deluard on Twitter https://twitter.com/VincentDeluard Follow Jack on Twitter https://twitter.com/JackFarley96 Follow Blockworks on Twitter https://twitter.com/Blockworks_ Get top market insights and the latest in crypto news. Subscribe to Blockworks Daily Newsletter: https://blockworks.co/newsletter/ -- Bit.com is a full-suite cryptocurrency exchange launched by Matrixport, an integrated financial services firm headquartered in Singapore. Since August 2020, Bit.com has been online supporting the spot, perpetual, futures, fixed income and options products, with a particular highlight being pioneers to launch BCH options. Bit.com is the second-largest in the BTC and ETH options market. Call to action: For any further enquiry, please contact [email protected]. Sign up URL: https://bit.ly/3KlgLR3 App download URL: https://bit.ly/3xer6uI -- (00:00) Introduction (04:41) Reflecting On Inflation Projections (19:35) The Reverse Wealth Effect (24:05) Attributing Inflation As The Cause of Asset Prices Deflating (29:20) Looking at Economic Trends (35:02) Bit.com Ad (35:32) Companies Investors Should Take Caution (40:10) Financing Equity via IPOs and Specs (42:50) Disruptions Caused By Millennial Lifestyle Companies (46:50) Zombie Companies (48:45) The Big Tech Companies (53:17) Outlook on Inflation Over the Next Year (59:00) Yields and the Eurocurve (1:05:40) The Financial System Driving Behaviors (1:09:00) Inflation In Other Countries (1:14:20) The Five Inflation Trades (1:20:30) Japan And the BOJ (1:24:23) Vincent's Psychological Advice for the Market (1:30:04) The Grasshopper Analogy -- Disclaimer: Nothing discussed on Forward Guidance should be considered as investment advice. Please always do your own research & speak to a financial advisor before thinking about, thinking about putting your money into these crazy markets.