ReSolve Riffs with Jeff Weniger on Macro Themes and Surprises in 2022

To kick off the new year, our 2022 inaugural episode welcomed back Jeff Weniger, Head of Equity Strategy at WisdomTree Asset Management. Sharp-witted and pulling no punches, Jeff and the team covered topics that included:

• The early year equity rotation as the inflation narrative gathers steam
• The third leg of the portfolio stool that most investors are likely missing
• Owning commodities vs commodity-linked equities
• Most investors today have barely had any experience with inflation in markets – remembering the commodity super-cycle of the early 2000s
• Not all inflation is created equally – how it arises determines what asset-classes and instruments can be used most effectively
• The types of risk gold responds to, and why it hasn’t performed as many expected
• Owner’s Equivalent Rent and its delayed effect in the Consumer Price Index
• Maybe the cure for high commodity prices… is high commodity prices
• The “stealth crash” in the Nasdaq and aggressive equity sector rotation
• Market-cap weighted equity investors can miss out on huge gains in underrepresented sectors over prolonged periods
• The possible upcoming perils for Big Tech
• An ESG Conundrum – the anti-social externality caused by social media platforms
• Disclosure and the new paradigm of ESG – how sticky can this be?
• The era of crisis, necessity and change on both micro and macro levels
• The toughest decade ever for diversified portfolios
• The reawakening of the value factor

 

Thank you for watching and listening. See you next week.

 

This is “ReSolve’s Riffs” – live on YouTube every Friday afternoon to debate the most relevant investment topics of the day, hosted by Adam Butler, Mike Philbrick and Rodrigo Gordillo of ReSolve Global* and Richard Laterman of ReSolve Asset Management.

 

*ReSolve Global refers to ReSolve Asset Management SEZC (Cayman) which is registered with the Commodity Futures Trading Commission as a commodity trading advisor and commodity pool operator. This registration is administered through the National Futures Association (“NFA”). Further, ReSolve Global is a registered person with the Cayman Islands Monetary Authority.