Victor Sperandeo: Large US Banks Rigged the US Treasury Market For More Profits? (Video)
Victor Sperandeo: Large US Banks Rigged the US Treasury Market For More Profits? Video – Wall St for Main St
Jason Burack of Wall St for Main St interviewed first time guest, legendary trader and excellent financial commentator “Trader Vic” aka Victor Sperandeo https://www.victorsperandeo.com/
Victor has over 45 successful years on Wall Street in trading independently with his own money and on behalf of big names and other notable investors such as Leon Cooperman and George Soros. He has managed futures trading for EAM Group of Companies and global investment banks such as HSBC, RBS and Nomura.
Victor is also the founder, CEO and President of Alpha Financial Technologies LLC. He is also a founding partner, CEO and President of EAM Partners L.P.
During this 30+ minute interview, Jason asks Victor about his February 2018 article about the stock market topping then and if debt has reached its tipping point and how Victor’s views have changed?
Victor now thinks that emerging markets have reached their limit in terms of debt but he thinks, at least for the short term, that deficits don’t matter for the US and that the US will be spared from massive pain until last.
Jason also asks Victor about his newer article about how large US banks have gotten the rules changed so they make large profits no matter what off buying US Treasuries and funding expanding government deficits.
Victor also has very interesting thoughts about President Trump, the upcoming 2018 mid-term Congressional elections, how difficult high frequency trading algorithms (HFT) have made it for human professional traders as well as his thoughts on the US Dollar rally, his comments a few years ago about hyperinflation and his views on where we are now relative to his vast past experience in different market conditions and financial history.
Are we in something similar to the 1970s stagflation or something more like the 1-2 years prior to the October 29, 1929 stock market crash?