FTSE 100 today: Stocks slide as MidEast risks weigh despite in-line U.S. inflation
In this video, Anthony is joined by Mike Singleton, the founder and senior analyst at Invictus Research. Mike previously worked at Broad Run Investment Management, a private investment firm where he was responsible for leading investments of over $100mln in client capital.
Prior to that, he held investment management roles at Main Street Capital and T. Rowe Price. He is also a CFA charterholder and a member of the CFA Society of Washington, DC.
- Introduction (00:00)
- What do most investors struggle (2:05)
- Growth and inflation framework (3:50)
- The importance of the business cycle (7:40)
- The four economic regimes (8:56)
- Growth cycle and its implications (9:46)
- The relationship between markets and the economy (14:33)
- Equity sector performance over different economic regimes (17:33)
- Equity style factors (19:44)
- Investment risk spectrum (20:51)
- The importance of monetary policy (21:54)
- Confirmation from asset markets (24:32)
- Lessons from Stan Druckenmiller (26:58)
- The growth cycle drives trends (28:06)
- Why analyse positioning and sentiment? (29:38)
- Typical day in tracking markets for Mike (31:26)
- Thoughts on crypto (33:28)
- Where is the market in the four regimes? (36:40)
