WTFinance: Recent Episodes
Anthony Fatseas
WTFinance is a podcast hosted by Anthony Fatseas breaking down the complex world of finance, investing and trading to make it accessible for everyone. We provide weekly interviews with Finance, Trading and Investing experts on YouTube and Podcast platforms. WTFinance believes knowledge of Finance and Investing is a right everyone should have access to. Our ambitions is to provide this to the world through our podcast and future offerings. If you would like to collaborate, please email us at - whatthefinance@hotmail.com
Interview recorded - 1st of October, 2025On this episode of the WTFinance podcast I had the pleasure of welcoming back Rick Rule. Rick is the Former President & CEO of Sprott U.S. Holdings with decades of experience in the commodities business.During our conversation we spoke about his current outlook, job revisions, foreign direct investment, why an economic reckoning could be caused by a "dishonest default", gold and more. I hope you enjoy!0:00 - Introduction2:03 - Current outlook4:16 - Job revisions5:28 - Labour vs capital7:22 - Foreign direct investment12:00 - Shifting to investment led economy15:59 - Shift from US to wealth assets17:26 - Precious metals run to continue?19:42 - Copper vs gold22:20 - Oil24:33 - Resolving deficits28:47 - One message to takeaway?Rick began his career 47 years ago in 1974 in the securities business and has been involved in it ever since. He is known for his expertise in many resource sectors, including agriculture, alternative energy, forestry, oil and gas, mining, and water. In 1990, Rick founded the business now known as Sprott US Holdings” merging in into Sprott Inc. ( SII) in 2011. He retired from Sprott Inc., in 2021, and resigned from the board of directors in 2023, but remains Sprott’s largest shareholder. IMr. Rule is a sought-after speaker at industry conferences, and a frequent contributor to numerous media outlets including CNBC, Fox Business News and BNN. Mr. Rule is actively engaged in private placement markets, through originating and participating in hundreds of debt and equity transactions.Rick Rule - Twitter - https://twitter.com/RealRickRuleLinkedIn - https://www.linkedin.com/in/rick-rule-1058921a/Website - https://ruleinvestmentmedia.com/Seminar - https://opptravel.zohobackstage.com/TheRuleSymposiumonNaturalResourceInvesting2024#/?affl=WTFinanceWTFinance -Instagram - https://www.instagram.com/wtfinancee/Spotify - https://open.spotify.com/show/67rpmjG92PNBW0doLyPvfniTunes - https://podcasts.apple.com/us/podcast/wtfinance/id1554934665?uo=4Twitter - https://twitter.com/AnthonyFatseas
Interview recorded - 29th of September, 2025On this episode of the WTFinance podcast I had the pleasure of welcoming back Jeff Snider. Jeff is at the forefront of modern money and monetary science, specifically the Euro dollar market and its impact globally. He is also the host of the Eurodollar University.During our conversation we touched on Jeff's economic outlook, recent credit bankruptcies, whether all the economic weakness could be coming through, gold, dollar not at risk, shifting away from the Eurodollar and more. I hope you enjoy!0:00 - Introduction0:51 - Economic outlook4:22 - GDP hot, jobs weak10:47 - Credit bankruptcies15:15 - Data distortions18:30 - Market driving economics28:20 - Gold signal32:58 - Dollar not at risk37:17 - Shifting away from the Eurodollar40:28 - Stablecoins43:59 - One message to takeaway?Jeff Snider is one of the foremost experts on the global monetary system, specifically the eurodollar money system, and all aspects of its misunderstood inner workings and how they impact global markets, commerce, and economy. His podcast - Eurodollar University - aims to educate the public on the evolution and nature, and nuances of the eurodollar system and true monetary principles. He is a regular contributor to Real Clear Markets and a columnist for the Epoch Times, and is active on Twitter as well as He has been a guest on countless programs including MacroVoices, and Real Vision for his insights into the Eurodollar system, LIBOR, and repo/securities lending markets., etc.Jeff Snider - YouTube - @eurodollaruniversity Website - https://www.eurodollar.university/X - https://twitter.com/JeffSnider_AIPWebinar - https://webinar.eurodollar-university.com/homeWTFinance - Spotify - https://open.spotify.com/show/67rpmjG92PNBW0doLyPvfniTunes -https://podcasts.apple.com/us/podcast/wtfinance/id1554934665?uo=4LinkedIn - https://www.linkedin.com/in/anthony-fatseas-761066103/X - https://twitter.com/AnthonyFatseas
Interview recorded - 30th of September, 2025
On this episode of the WTFinance podcast I had the pleasure of welcoming back Louis Gave. Louis is the Founding Partner & Chief Executive Officer of Gavekal.During our conversation we spoke about Louis' outlook for the economy, liquidity, Chinese 10% deficit, China's shifting economy, demographics, BRICS alliance and more. I hope you enjoy!
0:00 - Introduction
2:50 - Outlook on the economy?
4:54 - Liquidity
7:42 - Foreign direct investment
9:57 - Chinese 10% deficit
12:46 - China’s shifting economy
19:26 - Demographics
20:46 - Shift to Russia, China & India
25:41 - One message to takeaway?
After receiving his bachelor's degree from Duke University and studying Mandarin at Nanjing University, Louis joined the French Army where he served as a second lieutenant in a mountain infantry battalion. After a couple of years, Louis left the army and joined Paribas where he worked as a financial analyst—first in Paris, then in Hong Kong.Louis left Paribas in 1998 to launch Gavekal with his father Charles and Anatole Kaletsky. The idea at the time was that Asia was set to become an ever more important factor in global growth, and that consequently Gavekal needed to offer its clients more information, and more ideas, relating to Asia.
Louis has written seven books, the latest being Avoiding the Punch: Investing in Uncertain Times which reviews how to build a portfolio at a time of rising geostrategic strife, and when very low interest rates and stretched valuations on most assets announce constrained returns on most assets over the next decade.Louis speaks English and French. He spent many hours studying Mandarin and Spanish, which he once spoke decently. He is married with two sons and two daughters.
Louis-Vincent Gave:
Website - https://research.gavekal.com/
Twitter - https://x.com/gave_vincent
WTFinance -
Instagram - https://www.instagram.com/wtfinancee/
Spotify - https://open.spotify.com/show/67rpmjG92PNBW0doLyPvfn
iTunes - https://podcasts.apple.com/us/podcast/wtfinance/id1554934665?uo=4
Twitter - https://twitter.com/AnthonyFatseas
Thumbnail image from - https://gmk.center/en/news/the-world-bank-expects-chinas-economy-to-slow-down-in-2025/
Interview recorded - 29th of September, 2025On this episode of the WTFinance podcast I had the pleasure of welcoming back Gilbert Doctorow. Gilbert is a author and geopolitical analyst with decades of experience.During our conversation we spoke about the geopolitical sphere, war parties shifting, trump impact, Ukraine vs Russia conflict, US pivoting to China, return of the Monroe doctrine and more. I hope you enjoy!0:00 - Introduction1:17 - Geopolitical sphere3:51 - War parties shifting?9:48 - Trump impact14:43 - Common enemy16:19 - Ukraine - Russia conflict27:13 - Peace deal?31:24 - US pivoting to China?36:07 - Return to Monroe doctrine37:11 - Multiple spheres39:11 - One message to takeaway?Gilbert Doctorow is a professional Russia watcher and actor in Russian affairs going back to 1965. He is a magna cum laude graduate of Harvard College (1967), a past Fulbright scholar, and holder of a Ph.D. with honors in history from Columbia University (1975).After completing his studies, Mr. Doctorow pursued a business career focused on the USSR and Eastern Europe. For twenty-five years he worked for US and European multinationals in marketing and general management with regional responsibility.From 1998-2002, Doctorow served as the Chairman of the Russian Booker Literary Prize in Moscow. During the 2010-2011 academic year, he was a Visiting scholar of the Harriman Institute, Columbia University.Mr. Doctorow is a long-time resident of Brussels.Gilbert Doctorow:Substack - https://gilbertdoctorow.substack.com/Books - https://www.amazon.co.uk/stores/author/B0048RTGTMWTFinance - Instagram - https://www.instagram.com/wtfinancee/Spotify - https://open.spotify.com/show/67rpmjG92PNBW0doLyPvfniTunes - https://podcasts.apple.com/us/podcast/wtfinance/id1554934665?uo=4Twitter - https://twitter.com/AnthonyFatseasThumbnail image from - https://crescent.icit-digital.org/articles/will-trump-become-the-gorbachev-of-us-imperialism
Interview recorded - 16th of September, 2025On this episode of the WTFinance podcast I had the pleasure of welcoming back Jason Shapiro. Jason is a trading legend, with 30+ years of trading experience, a hedge fund manager and featured in the book Unknown Market Wizards. During our conversation we spoke about the outlook on markets, how its the most hated rally in history, potential for September dip, AI stocks not peaked yet, Bullish assets and more. I hope you enjoy!0:00 - Introduction1:25 - Outlook on markets5:31 - Hated rally12:09 - September dip?12:43 - AI stocks not peaked?14:00 - Russell to outperform?15:17 - Global performance17:51 - Noise in markets19:21 - Bullish assets25:34 - Contrarian investing?26:59 - One message to takeaway?With over 30 years of trading experience, Jason has gone through most markets a trader should see in their career. From the crazy rallies during the 90s, the tech bubble pop in early 2000s, the 2008 market crash and the latest bull run starting in 2009. Through the last 20 years of his career, he has used a contrarian approach which has been very successful to him and his clients, as verified by Jack D. Schwager in his latest MARKET WIZARDS BOOK. Jason has managed large sums of money from a few million to several hundred million and learned a great deal about the Futures markets, from Equities, Currencies and Fixed Income to Currencies and Precious Metals.Jason Shapiro - Website - https://www.crowdedmarketreport.com/Twitter - https://twitter.com/Crowded_Mkt_RptLinkedIn - https://www.linkedin.com/in/jason-shapiro-53674994/YouTube - @crowdedmarketreport WTFinance - Instagram - https://www.instagram.com/wtfinancee/Spotify - https://open.spotify.com/show/67rpmjG92PNBW0doLyPvfniTunes - https://podcasts.apple.com/us/podcast/wtfinance/id1554934665?uo=4Twitter - https://twitter.com/AnthonyFatseasThumbnail Image from - https://www.caixinglobal.com/2019-03-12/opinion-china-stocks-arent-in-a-bull-market-yet-101391594.html
Interview recorded - 16th of September, 2025On this episode of the WTFinance podcast I had the pleasure of welcoming on Mel Matterson. Mel is writer and financial services veteran, with 20 years in the realm of high finance. During our conversation we spoke about his outlook, how he is bullish, large deficits, central bank independence, yield curve control, peak ponzi scheme, market outlook, when to sell and more. I hope you enjoy!0:00 - Introduction1:32 - Outlook on markets5:05 - Bond rally?11:26 - Large deficits17:02 - Central Bank independence22:07 - Yield control QE?26:12 - Peak ponzi scheme29:52 - Market outlook32:52 - Economic shift39:24 - When to sell?41:52 - One message to takeaway?For over twenty years, Mel has held key posts with both established asset managers such as Russell Investments and fast-growth startup firms like United Capital (acquired 2019 by Goldman Sachs). Since 2019, Mel has focused almost exclusively on private equity and the employee stock option financing space. He also founded the personal finance and wellness app, MoneyComb, in 2014. Seed funded by Duke University and incubated under leading behavioral economist Dan Ariely, MoneyComb quickly gained a reputation for innovative thinking about money and happiness: MoneyComb in WSJ.Having served as the CEO of three different FINRA and SEC registered broker-dealers, Mel has established himself as an expert in the operation of financial firms with an emphasis on broker-dealer formation, private placements, compliance, and scaling of digital operations.Mel holds an MBA with concentrations in investment and corporate finance from Duke University. He received his BA from Loyola University Chicago where he majored in philosophy, minored in English, and helped establish the school’s nascent men’s rugby program. Mel is also a Certified Financial Planner™ Professional and holds the CFP® designation.Mel Mattison:Website - https://www.melmattison.com/X - https://twitter.com/MelMattison1Book - https://www.amazon.com/dp/B0CK6WTGJV?ref_=cm_sw_r_cp_ud_dp_ZBJCM70F8RTF8WCETGYTWTFinance:Spotify - https://open.spotify.com/show/67rpmjG92PNBW0doLyPvfniTunes -https://podcasts.apple.com/us/podcast/wtfinance/id1554934665?uo=4LinkedIn - https://www.linkedin.com/in/anthony-fatseas-761066103/Twitter - https://twitter.com/AnthonyFatseasThumbnail picture from - https://www.carsongroup.com/insights/blog/seven-reasons-this-bull-market-is-alive-and-well/
Interview recorded - 16th of September, 2025On this episode of the WTFinance podcast I had the pleasure of welcoming back Danielle DiMartino Booth. She is the author of Fed Up and a global thought leader in monetary policy, economics and finance with 9 years experience at the Federal Reserve Bank of Dallas.During our conversation we spoke about the FOMC meeting, Lisa Cook firing, employment revision, whether this will continue, recession, bond market, stock market impact and more. Do you agree?0:00 - Introduction1:14 - FOMC meeting1:57 - Lisa Cook firing5:24 - Powell dovish cut7:42 - Employment revisions10:25 - Poor data11:40 - Job market was not strong13:34 - Foreign born vs domestic employment14:28 - Recession?18:45 - Bond market20:18 - No recessions?21:50 - Stock market23:03 - One message to takeaway?DiMartino Booth set out to launch a #ResearchRevolution, redefining how market intelligence is conceived and delivered to guide portfolio managers and promote financial literacy. To build QI, she brought together a core team of investing veterans to analyse the trends and provide critical analysis on what is driving the markets – both in the United States and globally.Since their inception in 2015, commentary and data from DiMartino Booth’s The Daily Feather and The Weekly Quill have appeared in other financial sources such as Bloomberg, CNBC, Fox Business, Institutional Investor, Yahoo Finance, The Wall Street Journal, MarketWatch, Seeking Alpha, TD Ameritrade, TheStreet.com, and more.A global thought leader in monetary policy, economics, and finance, DiMartino Booth founded QI Research in 2015. She is the author of FED UP: An Insider’s Take on Why the Federal Reserve is Bad for America (Portfolio, Feb 2017), a business speaker, and a commentator frequently featured on CNBC, Bloomberg, Fox News, Fox Business News, BNN Bloomberg, Yahoo Finance and other major media outlets.Prior to QI Research, DiMartino Booth spent nine years at the Federal Reserve Bank of Dallas. She served as Advisor to President Richard W. Fisher throughout the financial crisis until his retirement in March 2015. Her work at the Fed focused on financial stability and the efficacy of unconventional monetary policy.DiMartino Booth began her career in New York at Credit Suisse and Donaldson, Lufkin & Jenrette where she worked in the fixed-income, public equity, and private equity markets. DiMartino Booth earned her BBA as a College of Business Scholar at the University of Texas at San Antonio. She holds an MBA in Finance and International Business from the University of Texas at Austin and an MS in Journalism from Columbia University.Danielle DiMartino Booth - Website - https://quillintelligence.com/Twitter - https://twitter.com/DiMartinoBoothYouTube - @DanielleDiMartinoBoothQI WTFinance -Spotify - https://open.spotify.com/show/67rpmjG92PNBW0doLyPvfniTunes -https://podcasts.apple.com/us/podcast/wtfinance/id1554934665?uo=4LinkedIn - https://www.linkedin.com/in/anthony-fatseas-761066103/Twitter - https://twitter.com/AnthonyFatseas
Interview recorded - 9th of September, 2025On this episode of the WTFinance podcast I had the pleasure of welcoming on Lobo Tiggre. Lobo is the founder of the Independent Speculator. During our conversation we spoke about his outlook on the economy, inflation risks, central banks diversifying to gold, weaker employment data, copper, uranium and more. I hope you enjoy!0:00 - Introduction2:41 - Outlook on the economy4:10 - Inflation6:58 - Oil market10:52 - Oil supply dynamics12:30 - Investors losing faith in government bonds20:57 - Passive buyer of gold25:10 - Employment revisions28:39 - Copper27:30 - Uranium42:54 - One message to takeaway?Lobo Tiggre is the founder, CEO, and principal analyst and editor of Louis James, LLC. He researched and recommended speculative opportunities in Casey Research publications from 2004 to 2018, writing under the name “Louis James” for privacy reasons. While at Casey Research, he learned about the newsletter business from Casey co-founder David Galland, and resource speculation from the legendary speculator Doug Casey himself.Although frequently mistaken for one, Mr. Tiggre is not a professional geologist. Nor does he hold the CFA designation, and he is not a licensed financial advisor. Tiggre is a speculator who, during his time with Doug Casey, also learned from many other industry leaders, including Sprott-Global’s Rick Rule, former newsletter writer Bob Bishop, fellow newsletter writer and geologist Brent Cook, exploration geologist and multiple mine-finder Ron Parratt, and many others.This resulted in a track record of winning recommendations outpacing losers by a wide margin, resulting in extraordinary overall gains. Due to copyright issues, we cannot reproduce or document that track record. However, the average of the yearly gains published by Casey Research for their flagship publication, the International Speculator, was 18.5% per year during Tiggre’s time with the publication. A fully transparent, documented, and verifiable track record is a central feature of Louis James LLC services.Prior to his work at Casey Research, Mr. Tiggre was a writer and publisher involved in numerous ventures. In 1998, he published his first novel, Y2K: The Millennium Bug. In 2012, he co-authored Doug Casey’s first book in almost two decades, Totally Incorrect. This was followed by another book co-authored with Doug Casey in 2014, Right on the Money. Tiggre has plans for several new books going forward, both fiction and non-fiction.Mr. Tiggre is a graduate of Aiglon College in Chesières-Villars, Switzerland. His formal education included studies in physics at Rensselaer Polytechnic Institute. He also studied economics at UNC Chapel Hill, and wrapped up with a magna cum laude BA in sociology from Duke university.Tiggre grew up speaking both Spanish and English. He later learned French, German, and is now working on Russian. He is happily married with five children. He lives in San Juan, Puerto Rico.Lobo Tiggre - Website - https://independentspeculator.com/X - https://x.com/duediligenceguyWTFinance - Instagram - https://www.instagram.com/wtfinancee/Spotify - https://open.spotify.com/show/67rpmjG92PNBW0doLyPvfniTunes - https://podcasts.apple.com/us/podcast/wtfinance/id1554934665?uo=4Twitter - https://twitter.com/AnthonyFatseas
Interview recorded - 4th of September, 2025On this episode of the WTFinance podcast I had the pleasure of welcoming back Francis Hunt. Francis is a Trader, Technical Analyst, Teacher and originator of the Hunt Volatility Funnel Method.During our conversation we spoke about Francis' perspective on the outlook of the economy, the debt crisis, what this means for the markets, chaotic society, whether the system can be saved, gold and more. I hope you enjoy!0:00 - Introduction2:28 - Outlook on the economy5:31 - Debt Crisis12:27 - Chaos23:24 - Can they save the system again?28:49 - Gold40:05 - OpportunityFrancis Hunt, as the originator of the Hunt Volatility Funnel trading methodology, describes himself as a Trader, Technical Analyst and Teacher, is known from his YouTube channel as TheCryptoSniper. He is also the Founder of The Market Sniper.Stemming from his over 30 years of experience and deep immersion in trading and technical analysis of various markets, this unique approach to trading is the culmination of everything he found to have been valuable and profitable on a consistent, reliable basis, distilled into a single all-encompassing trading system that can easily be learned and internalized by others.Francis Hunt made his first investments in 1987 pre-crash and bought his first option in 1991 and has been trading equities and other assets since. He is a technical trader who believes all information related to an asset is reflected in its price and therefore reveal the true market sentiment of that asset.In addition to being a highly successful trader and technical analyst, Francis also enjoys teaching his trading methodology to others. He built a community of like-minded traders around him that supports him and each other with trade ideas and positive reinforcement in an otherwise lonely and harsh environment.Francis Hunt - YouTube - @TheMarketSniper1 Website - https://themarketsniper.com/Twitter - https://twitter.com/themarketsniperWTFinance - Instagram - https://www.instagram.com/wtfinancee/Spotify - https://open.spotify.com/show/67rpmjG92PNBW0doLyPvfniTunes - https://podcasts.apple.com/us/podcast/wtfinance/id1554934665?uo=4Twitter - https://twitter.com/AnthonyFatseas
Interview recorded - 2nd of September, 2025On this episode of the WTFinance podcast I had the pleasure of welcoming back Simon Hunt. During our conversation, we spoke about his current outlook, the risk of an economic depression, the recent meetings in China, BRICS challenging the West, gold and more. I hope you enjoy! 0:00 - Introduction2:12 - Current outlook14:02 - Weak economic data27:22 - Russia, China & India alliance34:32 - China invading Taiwan36:22 - Gold37:55 - One message to takeaway?Simon Hunt began his career in 1956 in Central Africa as a PA to the Chairman of Rhodesian Selection Trust, one of the two large copper companies in what was then Northern Rhodesia, now Zambia.In 1961 he came back to London and joined Anglo American Corporation of South Africa as a PA to one of the Board Directors, followed by being part of a small sales and marketing team for copper. From there, he helped start up a new copper development organisation, CIDEC, financed by copper producers, which he then joined, focusing on conducting end-use studies of copper in Europe.He then went into the City to gain financial experience and founded Brook Hunt in 1975. He was instrumental in setting up the company’s cost studies and end-use analyses. He appeared as material witness and consultant in two ITC anti-dumping cases in 1978 and 1984, winning both at the commission level.He has spent 2-4 months every year in China since 1993 and until a few years ago would be visiting some 80 wire and cable and brass mill factories across the country every year. He now restricts these factory visits to a smaller number, all of which he has known for many years. He also spends many weeks each year traveling around Asia.The focus of the company’s services is on the global economy, including the changing geopolitical and financial structures, China’s economy and its copper sector, and then the global copper industry as each part is interconnected.Simon is the author of the “Frontline China Report Service,” which is marketed by the TIS Group. The Service provides regular reports on China’s economy, politics, and financial outlook.Simon established this company in January 1996.Simon Hunt -Website - https://www.simon-hunt.com/Email - simon@shss.comWTFinance -Spotify - https://open.spotify.com/show/67rpmjG92PNBW0doLyPvfniTunes -https://podcasts.apple.com/us/podcast/wtfinance/id1554934665?uo=4LinkedIn - https://www.linkedin.com/in/anthony-fatseas-761066103/Twitter - https://twitter.com/AnthonyFatseas
Interview recorded - 29th of October, 2025On this episode of the WTFinance podcast I had the pleasure of welcoming on Kenneth Rogoff. Kenneth is a world-renowned economist, former Chief Economist at the International Monetary Fund & Maurits C. Boas Professor at Harvard University. During our conversation we spoke about liberation day, impact on global economy, whether it would help manufacturing in the US, deficits, risk of US Dollar supremacy and more. I hope you enjoy!0:00 - Introduction1:42 - Current macroeconomics2:52 - Liberation day5:47 - Manufacturing in the US?8:10 - Concentrated Manufacturing12:08 - Deficits14:32 - Inflation16:57 - Fallout of continued deficits20:10 - Central bank independence26:52 - Chinese deflation29:42 - End of US Dollar Hegemony?34:42 - Replacing the US Dollar39:22 - US Dollar liquidity40:38 - One message to takeaway?Kenneth Rogoff is Maurits C. Boas Professor at Harvard University, and former chief economist at the IMF. His influential 2009 book with Carmen Reinhart, This Time Is Different: Eight Centuries of Financial Folly, shows the remarkable quantitative similarities across time and countries in the roots and aftermath of debt and financial crises. Rogoff is also known for his pioneering work on central bank independence, and on exchange rates. He is co-author of the widely-used graduate text, Foundations of International Macroeconomics. His 2016 book The Curse of Cash looks at the past, present and future of currency from standardized coinage to crypto-currencies. His monthly syndicated column on global economic issues is published in over 50 countries. Rogoff’s 2025 book Our Dollar, Your Problem: An Insider’s View of Seven Turbulent Decades of Global Finance and the Road Ahead offers a sweeping view of the post-war rise of the dollar, the challenges the rest of the world has in dealing with it, and how this experience can help inform the contours of the evolving new global financial system.Rogoff is an elected member of the National Academy of Sciences and the American Academy of Arts and Sciences. He has long ranked among the top dozen most cited economists, and is an international grandmaster of chess.Kenneth Rogoff - Book: https://yalebooks.yale.edu/book/9780300275315/our-dollar-your-problem/Website: https://rogoff.scholars.harvard.edu/X: https://x.com/krogoffWTFinance -Spotify - https://open.spotify.com/show/67rpmjG92PNBW0doLyPvfniTunes -https://podcasts.apple.com/us/podcast/wtfinance/id1554934665?uo=4LinkedIn - https://www.linkedin.com/in/anthony-fatseas-761066103/Twitter - https://twitter.com/AnthonyFatseasThumbnail image from - https://www.fairobserver.com/economics/our-dollar-your-problem-market-stress-exchange-rate-feedback-and-the-fiscal-reckoning-ahead/
Interview recorded - 22nd of August, 2025On this episode of the WTFinance podcast I had the pleasure of welcoming on Tyler Neville. Tyler has experience trading equities & derivatives and macro investor for 20 years, traded at Franklin Templeton & has a keen focus on macro & market structure. You may have also seen him on Real Vision or Blockworks.During our conversation we spoke about Jackson hole, losing control of bond markets, the last 40 years, financial nihilism, strength of the US, political philosophy and demographics. I hope you enjoy!0:00 - Introduction2:49 - Thoughts on Jackson Hole?5:13 - Losing control of bond markets9:36 - High rates stimulatory?12:11 - The last 40 years21:38 - Back to the 1960’s?25:57 - Financial Nihilism28:27 - Strength of the US30:02 - Inflate the currency31:41 - Peter Thiel Political Philosophy39:11 - Risk of AI?44:38 - Ageing population positive with AI/robotics?51:05 - One message to takeaway?Previously, Tyler traded equities & derivatives at several hedge funds and Franklin Templeton, a trillion-dollar asset manager. Tyler also served as Editorial Director at both Real Vision and Blockworks in between stints in the investment world. Tyler Neville - X - https://x.com/Tyler_Neville_WTFinance -Spotify - https://open.spotify.com/show/67rpmjG92PNBW0doLyPvfniTunes -https://podcasts.apple.com/us/podcast/wtfinance/id1554934665?uo=4LinkedIn - https://www.linkedin.com/in/anthony-fatseas-761066103/Twitter - https://twitter.com/AnthonyFatseasThumbnail Image from - https://coinpedia.org/news/who-will-replace-fed-chair-jerome-powell-donald-trumps-shortlist-just-dropped/
Interview recorded - 20th of August, 2025On this episode of the podcast I have the pleasure of welcoming on Kevin Muir. Kevin has three decades of trading experiencing, is the writer of the Macro Tourist and co-host of the podcast The Market Huddle. During our conversation we spoke about the shift away from Monetary to Fiscal Dominance, the US outperformance being linked to its large deficit, how the Treasury is more powerful than the FED, massive global government spending and more. I hope you enjoy!0:00 - Introduction1:21 - Shift from monetary to fiscal driven economy10:16 - US fiscal steroids14:51 - Treasury more powerful than central banks?22:11 - Moving issuance forward on the curve25:41 - Market narratives27:04 - Do deficits matter?35:51 - No tax increases or less spending38:44 - Massive global government spending40:18 - Market reaction52:12 - Earnings concentration54:31 - One message to takeaway?Kevin Muir is a former bank equity index derivative trader who for the past two decades has been trading purely on a proprietary basis for both himself and other individuals.During his three decades of trading, he has learned a few things about the market, but the one thing he is certain of is that he will still find new mistakes to make.With the MacroTourist Letter, readers come along for a journey that benefits from the wisdom Kevin has accumulated over the years, but also get to watch as new mistake are made.This is not a letter filled with back-slapping high-fives after good trades, but where bad calls are never mentioned. Kevin believes that the mistakes are where traders learn, and by also discussing the mistakes, other traders can learn from his.Kevin Muir - Newsletter - https://themacrotourist.com/Podcast - @TheMarketHuddle X - https://x.com/kevinmuirEmail - kevin@themacrotourist.comWTFinance -Spotify - https://open.spotify.com/show/67rpmjG92PNBW0doLyPvfniTunes -https://podcasts.apple.com/us/podcast/wtfinance/id1554934665?uo=4LinkedIn - https://www.linkedin.com/in/anthony-fatseas-761066103/Twitter - https://twitter.com/AnthonyFatseasThumbnail Image from - https://www.cbsnews.com/news/unwanted-tanks-and-other-government-waste-detailed-in-reports/
On this episode of the WTFinance podcast I had the pleasure of welcoming back Michael Oliver. Michael is the founder of Momentum Structural Analysis.During our conversation Michael spoke about the economic weakness he is seeing in the markets, why he thinks there could be a crash, whether he has been surprised the FED hasn't cut, monumental crash and more. I hope you enjoy!0:00 - Introduction 1:40 - Overview on markets6:46 - Economic weakness10:17 - Surprised FED haven’t cut?14:24 - Bond market19:52 - Global markets25:02 - Monumental crash27:15 - Liquidity28:30 - One message to take awayJ. Michael Oliver entered the financial services industry in 1975 on the Futures side, joining E.F. Hutton’s International Commodity Division, headquartered in New York City's Battery Park. He studied under David Johnston, head of Hutton’s Commodity Division and Chairman of the COMEX.In the 1980s Mike began to develop his own momentum-based method of technical analysis. He learned early on that orthodox price chart technical analysis left many unanswered questions and too often deceived those who trusted in price chart breakouts, support/resistance, and so forth.In 1987 Mike technically anticipated and caught the Crash. It was then that he decided to develop his structural momentum tools into a full analytic methodology.In 1992 the Financial VP and head of Wachovia Bank's Trust Department asked Mike to provide soft dollar research to Wachovia. Within a year, Mike shifted from brokerage to full-time technical research. He is also the author of The New Libertarianism: Anarcho-Capitalism.Michael Oliver - Website - https://www.olivermsa.com/Twitter - https://twitter.com/Oliver_MSAWTFinance -Spotify - https://open.spotify.com/show/67rpmjG92PNBW0doLyPvfniTunes -https://podcasts.apple.com/us/podcast/wtfinance/id1554934665?uo=4LinkedIn - https://www.linkedin.com/in/anthony-fatseas-761066103/Twitter - https://twitter.com/AnthonyFatseasThumbnail Image from - https://www.marketwatch.com/story/stock-investors-are-still-in-danger-but-history-says-bear-markets-are-relatively-brief-11655419223
Interview recorded - 25th of July, 2025On this episode of the WTFinance podcast I had the pleasure to welcome back Professor Richard Wolff. Richard is a well-known critic of an alternative contemporary economic system, host of the Economic Update and Founding Director of Democracy at work. During our conversation we spoke about the economic outlook, continued escalation in our society, what needs to change, extreme politics and more. I hope you enjoy!1:08 - Introduction1:24 - Economic outlook19:22 - Continued escalation26:23 - What needs to change?29:07 - Socialist politicians32:17 - One message to takeaway?Richard D. Wolff is Professor of Economics Emeritus, University of Massachusetts, Amherst where he taught economics from 1973 to 2008. He is currently a Visiting Professor in the Graduate Program in International Affairs of the New School University, New York City.Earlier he taught economics at Yale University (1967-1969) and at the City College of the City University of New York (1969-1973). In 1994, he was a Visiting Professor of Economics at the University of Paris (France), I (Sorbonne). Wolff was also regular lecturer at the Brecht Forum in New York City.Prof Wolff is the co-founder of Democracy at Work and host of their nationally syndicated show Economic Update. Professor Richard Wolff:Democracy at work: https://www.democracyatwork.info/Website: https://www.rdwolff.com/X: https://x.com/profwolffYouTube: @RichardDWolff WTFinance -Instagram - https://www.instagram.com/wtfinancee/Spotify - https://open.spotify.com/show/67rpmjG92PNBW0doLyPvfniTunes - https://podcasts.apple.com/us/podcast/wtfinance/id1554934665?uo=4Twitter - https://twitter.com/AnthonyFatseas
Interview recorded - 24th of July, 2025On this episode of the WTFinance podcast I had the pleasure of welcoming back Alasdair Macleod. Alasdair is an educator for sound money, economics, geopolitics and everything to do with gold and silver.During our conversation we spoke about Alasdairs perspective, cutting deficits, collapse of the Fiat currency system, confiscation of gold, protecting your wealth and more. I hope you enjoy.0:00 - Introduction1:15 - What is Alasdair watching?5:42 - Cutting deficits10:38 - Voters aren’t ready for spending cuts13:43 - Central bankers global solution?17:18 - End of Fiat Currency System?18:50 - Assets to appreciate23:48 - Confiscation of gold?27:36 - Similarities between US & China30:11 - CBDC33:38 - Stablecoins38:07 - One message to takeaway?Alasdair Macleod is is an educator and advocates for sound money through demystifying finance and economics. His background includes being a stockbroker, banker, and economist.Alasdair Macleod started his career as a stockbroker in 1970 on the London Stock Exchange. Within nine years, he had risen to become senior partner of his firm.Subsequently, he held positions at the director level in investment management and worked as a mutual fund manager. Mr. Macleod also worked at a bank in Guernsey as an executive director.For most of his 40 years in the finance industry, he has been demystifying macroeconomic events for his investing clients. The accumulation of this experience has convinced him that unsound monetary policies are the most destructive weapon governments use against the common man. Accordingly, his mission is to educate and inform the public in layman's terms what governments do with money and how to protect themselves from the consequences.Alasdair Macleod - Substack - https://alasdairmacleod.substack.com/Twitter - https://twitter.com/MacleodFinanceLinkedIn - https://www.linkedin.com/in/alasdair-macleod-9494b27/WTFinance -Instagram - https://www.instagram.com/wtfinancee/Spotify - https://open.spotify.com/show/67rpmjG92PNBW0doLyPvfniTunes - https://podcasts.apple.com/us/podcast/wtfinance/id1554934665?uo=4Twitter - https://twitter.com/AnthonyFatseas
Interview recorded - 22nd of July, 2025On this episode of the WTFinance podcast I had the pleasure of welcoming back Jim Bianco. Jim is the is President and Macro Strategist at Bianco Research, L.L.C.
During our conversation we spoke about Jim's outlook, the international companies paying tariffs, whether Trump can fire Powell, should Powell save the bond market, stable coins and more. I hope you enjoy.
0:00 - Introduction
1:21 - Jim’s outlook
7:24 - International companies paying tariffs?
10:03 - Product inflation vs service deflation
12:35 - Immigration impact on inflation
15:02 - Can Trump fire Powell?
18:31 - Next FED Chair?
20:45 - Should Powell address bond yields?
28:43 - Step-up in deficits
31:27 - Stablecoins
36:25 - One message from conversation?
Jim Bianco is President and Index Manager at Bianco Research Advisors. He is also the President of Bianco Research LLC. Since 1990, Jim’s commentaries have offered a unique perspective on the global economy and financial markets. Unencumbered by the biases of traditional Wall Street research, Jim has built a decades long reputation for objective, incisive commentary that challenges consensus thinking.Jim appears regularly on CNBC, Bloomberg, and Fox Business, and is often featured in the Wall Street Journal, Bloomberg News, Grants Interest Rate Observer, and MarketWatch. Jim has a Bachelor of Science degree in Finance from Marquette University (1984) and an MBA from Fordham University (1989).
Jim Bianco:
Research: https://www.biancoresearch.com/visitor-home/
ETF: https://www.biancoadvisors.com/
X: https://twitter.com/intent/follow?screen_name=biancoresearch&tw_p=followbutton
LinkedIn: https://www.linkedin.com/in/james-bianco-117619152/
WTFinance -
YouTube - https://www.youtube.com/@WTFinancepodcastTikTok - https://vm.tiktok.com/ZMeUjj9xV/
iTunes - https://podcasts.apple.com/us/podcast/wtfinance/id1554934665?uo=4
Linkedin - https://www.linkedin.com/in/anthony-fatseas-761066103/
X- https://twitter.com/AnthonyFatseas
Interview recorded - 18th of July, 2025On this episode of the WTFinance podcast I had the pleasure of welcoming back Dr Jan Oberg. Jan is a sociologist, peace researcher & the director of Transnational Foundation for Peace & Future Research.During our conversation we spoke about his views on geopolitics, the Western decline, 5% NATO defence spending, Russian invasion of Europe, splitting of alliances and more. I hope you enjoy!0:00 - Introduction0:54 - Views on geopolitics8:20 - Western decline16:05 - 5% NATO defence spending21:35 - Russia invading Europe?26:55 - US, Europe & BRICS blocks?31:05 - One message to takeaway?Dr Jan Oberg is an internationally experienced and genuinely independent peace and future researcher and an art photographer – a columnist, commentator and mediator doing diagnosis, prognosis and proposing solutions.Dr Jan Oberg - Transnational: https://transnational.live/Website: https://janoberg.me/X: https://x.com/janoberg?s=21&t=vCJTBKSb-nIJ8eFKe0YAxgWTFinance -Instagram - https://www.instagram.com/wtfinancee/Spotify - https://open.spotify.com/show/67rpmjG92PNBW0doLyPvfniTunes - https://podcasts.apple.com/us/podcast/wtfinance/id1554934665?uo=4Twitter - https://twitter.com/AnthonyFatseas
Interview recorded - 8th of July, 2025On this episode of the WTFinance podcast I had the pleasure of welcoming back Marc Faber. Marc is a well known contrarian investor & the Editor and Publisher of the “Gloom, Boom & Doom Report”.During our conversation we spoke about Marc's economic outlook, the wealth divide, why government causes all problems, borrowing, market exuberance, gold and which assets are undervalued. I hope you enjoy!0:00 - Introduction2:40 - Marc’s outlook5:46 - Wealth divide9:23 - Government spending11:31 - Tariffs volatility13:12 - Are tariffs inflationary?16:13 - Borrowing18:38 - Market exuberance31:00 - Market bubble sustainable25:55 - Shift to real assets26:55 - Revaluing gold28:18 - Emerging markets to outperform?31:48 - Economic shift away from US34:09 - One message to takeawayDr Marc Faber was born in Zurich, Switzerland. He went to school in Geneva and Zurich and finished high school with the Matura. He studied Economics at the University of Zurich and, at the age of 24, obtained a PhD in Economics magna cum laude.Between 1970 and 1978, Dr Faber worked for White Weld & Company Limited in New York, Zurich and Hong Kong. Since 1973, he has lived in Hong Kong. From 1978 to February 1990, he was the Managing Director of Drexel Burnham Lambert (HK) Ltd. In June 1990, he set up his own business, publishing a widely read monthly investment newsletter “THE GLOOM BOOM & DOOM” report which highlights unusual investment opportunities.He is also the author of several books including “TOMORROW’S GOLD – Asia’s Age of Discovery” which was first published in 2002 and highlights future investment opportunities around the world. “TOMORROW’S GOLD” was for several weeks on Amazon’s best seller list and has been translated into Japanese, Korean, Thai and German.Dr. Faber is also a regular contributor to several leading financial publications around the world.A book on Dr Faber, “RIDING THE MILLENNIAL STORM”, by Nury Vittachi, was published in 1998.A regular speaker at various investment seminars, Dr Faber is well known for his “contrarian” investment approach.Marc Faber -Website - https://www.gloomboomdoom.com/Twitter - https://twitter.com/gloomboomdoom?lang=enLinkedIn - https://www.linkedin.com/in/marc-faber-gloomboomdoom/?originalSubdomain=hkWTFinance -Instagram - https://www.instagram.com/wtfinancee/Spotify - https://open.spotify.com/show/67rpmjG92PNBW0doLyPvfniTunes - https://podcasts.apple.com/us/podcast/wtfinance/id1554934665?uo=4Twitter - https://twitter.com/AnthonyFatseas
Interview recorded - 7th of July, 2025On this episode of the WTFinance podcast I have the pleasure of welcoming back Lyn Alden. Lyn is one of the foremost macro strategists, Founder of Lyn Alden Investment Strategy & author of the book “Broken Money: Why Our Financial System is Failing Us and How We Can Make it Better”.During our conversation we spoke about Lyn's economic outlook, major drivers of increased deficits, tariffs, the big beautiful bill, running the economy hot, financial dominance and more. I hope you enjoy!0:00 - Introduction1:35 - Lyn economic outlook4:04 - Major driver of increased deficits7:37 - FED & Treasury to lose control of bond market?10:58 - Tariff impact13:55 - Tariffs inflationary?17:20 - Issues with austerity19:28 - Big Beautiful Bill21:47 - Financial dominance impact on markets23:48 - Running it hot26:20 - US the way of Japan?29:45 - Supplementary leverage ratio32:03 - Financial repression35:25 - Which countries more free?37:08 - Endgame39:04 - Yield curve control?42:33 - Microstrategy risk45:49 - One message to takeaway?Lyn runs an investment research service for both retail and institutional investors at LynAlden.com. Her focus is on fundamental investing with a global macro overlay, with an emphasis on equities, currencies, commodities, and digital assets. Lyn has also worked for over a decade in the aviation industry in a range of roles, starting as an electronics engineer and moving into project and facility management, and engineering finance. Eventually she became the head engineer and head of technical procurement for the facility, before retiring in my 30s. Lyn has a bachelor's in electronics engineering and a master's in engineering management, with a focus on engineering economics and financial modelling. Lyn Alden - Website - https://www.lynalden.com/LinkedIn - https://www.linkedin.com/in/lynalden/Twitter - https://twitter.com/lynaldencontact?lang=enWTFinance -Instagram - https://www.instagram.com/wtfinancee/Spotify - https://open.spotify.com/show/67rpmjG92PNBW0doLyPvfniTunes - https://podcasts.apple.com/us/podcast/wtfinance/id1554934665?uo=4Twitter - https://twitter.com/AnthonyFatseasThumbnail picture from - https://xcoins.com/en/blog/rich-dad-poor-dad-author-predicts-us-dollar-crash-by-jan-2023/
Interview recorded - 3rd of July, 2025On this episode of the WTFinance podcast I have the pleasure of welcoming back Marko Papic. Marko is chief strategist at at BCA Research. He is also the author of Geopolitical Alpha: An Investment Framework for Predicting the Future.During our conversation we spoke about Marko's current thoughts on the geopolitical landscape, his framework, trading geopolitics, current flashpoints and impact on the markets. I hope you enjoy!0:00 - Introduction1:33 - Geopolitical framework5:58 - Trading geopolitics13:45 - Trump & Putin16:52 - Geopolitics the past 10 years27:03 - Russia, Middle East & Taiwan40:21 - Impact on markets?Marko is a macro and geopolitical expert at BCA Research, a global investment research firm. He provides in-depth analysis that combines geopolitics and markets in a framework called GeoMacro. He is also the author of Geopolitical Alpha: An Investment Framework for Predicting the Future.At BCA, Marko leads the firm’s premier service, BCA Access, that allows clients to unlock access to custom research and the vast expert network that BCA has cultivated over its 76 year history.Previously, Marko was a partner at an alternative asset management firm in California where he provided his investors and clients with controversial market calls, bold views, and around-the-clock research. He helped seed global macro hedge funds and curate several funds, across public and private markets. His work on incorporating geopolitics into the asset management industry has become part of the CAIA curriculum.Born in Belgrade, Serbia, he has lived in Iraq, Jordan, Switzerland, Canada, and the U.S. He has lectured at the top universities and you’ll frequently see him in global news media.Marko Papic - X - https://x.com/Geo_papicResearch - https://www.bcaresearch.com/Geopolitical Alpha - https://www.geopoliticalalpha.com/Geopolitical Cousins - https://podcasts.apple.com/us/podcast/geopolitical-cousins/id1802258017WTFinance -Spotify - https://open.spotify.com/show/67rpmjG92PNBW0doLyPvfniTunes -https://podcasts.apple.com/us/podcast/wtfinance/id1554934665?uo=4LinkedIn - https://www.linkedin.com/in/anthony-fatseas-761066103/Twitter - https://twitter.com/AnthonyFatseasThumbnail image from - https://www.vecteezy.com/photo/55370299-abstract-digital-world-map-illuminated-with-red-lines-and-nodes-showcasing-global-connectivity
Interview recorded - 1st of July, 2025On this episode of the WTFinance market I had the pleasure of welcoming back David Hunter. David is Chief Macro Strategist of Contrarian Macro Advisors 52 and one of the few who have been bullish over the past few years. During our conversation we spoke about the disconnect between the economy and markets, tariffs, Doge to continue, the reduction of the deficit, which segments are undervalued and more. I hope you enjoy!0:00 - Introduction1:26 - Current outlook4:01 - Disconnect between economy and markets?5:57 - Tariffs9:22 - Money on the sideline?11:58 - DOGE to continue?15:38 - DOGE & Bill complimentary16:46 - Reduction of the deficit20:13 - Peak of government bond yields?22:20 - Confidence to increase price targets24:28 - Buy the dip29:08 - Which segments are undervalued32:28 - Gold to keep going up?34:36 - One message to takeaway from our conversation?David is an investment professional with 25 years of investment management experience and 20 years as a sell-side strategist with strong expertise in macroeconomic analysis and portfolio management. His strong macro capabilities combined with a contrarian philosophy have allowed me to forecast economic cycles and spot market trends well ahead of the consensus. David is an intellectually honest, independent thinker comfortable with charting a course away from the crowd. Accomplished stock picker and value-oriented portfolio manager.David Hunter - Twitter - https://twitter.com/DaveHcontrarianLinkedIn - https://www.linkedin.com/in/david-hunter-668ba015/WTFinance -Spotify - https://open.spotify.com/show/67rpmjG92PNBW0doLyPvfniTunes -https://podcasts.apple.com/us/podcast/wtfinance/id1554934665?uo=4LinkedIn - https://www.linkedin.com/in/anthony-fatseas-761066103/Twitter - https://twitter.com/AnthonyFatseas
Interview recorded - 26th of June, 2025On this episode of the WTFinance podcast I have the pleasure of welcoming back Doomberg. During our conversation we spoke about the potential consequences of war, UN security council irrelevant, WW3, Russia beating NATO, global war of de-dollarisation, $60 oil base and more. I hope you enjoy!0:00 - Introduction1:09 - Current outlook2:12 - Consequences of war4:52 - UN security council irrelevant6:05 - WW37:34 - Taiwan break point9:44 - Russia beat NATO?11:27 - Dedollarisation15:27 - Iran to close straight of Hormuz?18:02 - Oil market volatility22:05 - $60 oil a base?23:37 - Breakeven fracking25:10 - Bearish energy long term?28:07 - One message to takeaway?Doomberg is an independent, widely distributed publication that delivers concise, entertaining, provocative articles centered on energy, finance, and geopolitics. They are a small team of entrepreneurs that started this business after long careers in the industrial sector. With trillions of taxpayer dollars and myriad government mandates thrown at the energy transition, there was a practical voice missing in the traditional media. They started writing in that voice, with the freedom of having no master to serve beyond the foundation of our own principles, experience, and work ethic.This publication is their passion, and the content is supported by our team’s deep experience in heavy industry, private equity, and the hard sciences. They are entirely reader-supported and have grown to be the most widely read finance newsletter on the Substack platform.Doomberg - Substack - https://doomberg.substack.com/Twitter - https://twitter.com/DoombergTEmail - doomberg@doomberg.comWTFinance Instagram - https://www.instagram.com/wtfinancee/Spotify - https://open.spotify.com/show/67rpmjG92PNBW0doLyPvfniTunes - https://podcasts.apple.com/us/podcast/wtfinance/id1554934665?uo=4Twitter - https://twitter.com/AnthonyFatseasThumbnail image from - https://moneyweek.com/currencies/602379/why-the-value-of-the-us-dollar-is-falling
Interview recorded - 20th of June, 2025On this episode of the WTFinance podcast I had the pleasure of welcoming back Professor Steve Hanke. Steve is the Professor of Applied Economics and Founder and Co-Director of the Institute for Applied Economics, Global Health, and the Study of Business Enterprise at The Johns Hopkins University. He is also the co-author of the recently released book “Making Money Work: How to Rewrite the Rules of our Financial System”During our conversation we spoke about Steve's outlook for the economy, how uncertainty is created during this system shift, change in banking policy, how the FED are too hawkish, potential for a recession and more. I hope you enjoy!0:00 - Introduction2:48 - Outlook on the economy6:22 - Drivers of money supply7:40 - Higher interest rates11:04 - Changing bank policy?13:15 - Uncertainty in markets?16:49 - Recession?17:50 - Trump economic revolution?21:52 - FED too hawkish?25:12 - One message to takeaway?
Steve H. Hanke is a Senior Fellow, Contributing Editor of The Independent Review, and a Member of the Board of Advisors at the Independent Institute. He is a Professor of Applied Economics and Founder and Co-Director of the Institute for Applied Economics, Global Health, and the Study of Business Enterprise at The Johns Hopkins University in Baltimore. He is also a Senior Adviser at the Renmin University of China’s International Monetary Research Institute in Beijing, and a Special Counselor to the Center for Financial Stability in New York. Hanke is also a Contributing Editor at Central Banking in London and a Contributor at National Review. In addition, Hanke is a member of the Charter Council of the Society for Economic Measurement and a Distinguished Associate of the International Atlantic Economic Society. He is ranked as the world’s third-most influential economics influencer by FocusEconomics in Barcelona, Spain.
Steve Hanke:
Book - https://link.springer.com/book/10.1007/978-3-031-63398-0
X - https://x.com/steve_hanke
Bio - https://www.independent.org/aboutus/person_detail.asp?id=516
WTFinance -
Instagram - https://www.instagram.com/wtfinancee/
Spotify - https://open.spotify.com/show/67rpmjG92PNBW0doLyPvfn
iTunes - https://podcasts.apple.com/us/podcast/wtfinance/id1554934665?uo=4
X - https://twitter.com/AnthonyFatseas
Interview recorded - 20th of June, 2025On this episode of the WTFinance podcast I had the pleasure of welcoming back Henrik Zeberg. Henrik is also the Head Macro Economist at Swissblock.During our conversation we spoke about the volatile markets, the FED ignoring data, bond market, economy vs markets, global economics, and more. I hope you enjoy!0:00 - Introduction1:17 - What is Henrik watching?3:45 - Volatile markets5:33 - The FED ignoring data7:45 - Bond market11:35 - Economy vs markets14:33 - Money on the side-line15:51 - Global economies18:28 - Tariff impact?22:46 - Wealth divide26:38 - Secular rates increase30:35 - AI societal improvements32:52 - One message to takeaway?Henrik Zeberg is a Macroeconomist (M.Sc. Econ) from the University of Copenhagen. He is a Business Cycles student, Elliott Wave practitioner, and Chartist. You can find out more about his newsletter on his Website.Henrik Zeberg - Newsletter - https://www.thezebergreport.com/Twitter - https://twitter.com/HenrikZebergWTFinance -Instagram - https://www.instagram.com/wtfinancee/Spotify - https://open.spotify.com/show/67rpmjG92PNBW0doLyPvfniTunes - https://podcasts.apple.com/us/podcast/wtfinance/id1554934665?uo=4Twitter - https://twitter.com/AnthonyFatseas
Interview recorded - 6th of June, 2025On this episode of the WTFinance podcast I had the pleasure of welcoming back Clive Thompson. Clive has years of experience in the wealth management industry & a unique insight into central banks.During our conversation we spoke about what Clive is seeing in the economy, financial repression, changing system, US dollar and what industries Clive is watching. I hope you enjoy! 0:00 - Introduction2:35 - What is Clive seeing in the economy?6:13 - Financial repression?9:21 - Changing system11:48 - BRICs vs Western system?13:38 - FED mistake?15:47 - US Dollar18:13 - Capital flows19:40 - Europe vs US21:12 - Strong industries?23:20 - AI eliminating corporate workers?27:12 - The Fourth Turning32:35 - Investing in AIClive has 47 years of experience in finance & wealth management. This encompasses structuring and advice relating to quoted investments, Private Equity investments, family businesses, tax, residency, real estate, inheritance, Wills, legal, lending, Trusts, Companies and Foundations and all kinds of personal and private advice. He has been actively involved for decades in the arena of Trust structures. This often involved negotiating and discussing the contracts relating to the sale of family companies.Clive's latest position before retirement was as Managing Director in the Anglophone Private Clients Department of Union Bancaire Privée, UBP SA, based in Geneva. He was responsible for wealth management services provided to a small number of wealthy English and French speaking families.Clive continues to remain very active in the world of wealth, with a strong focus on Private Equity, and direct Equity Investing via the global stock markets. His passion is the financial analysis of Balance Sheets, P&Ls, Cash Flow and business projections. Clive loves examining business opportunities, like Private Equity, and digging into the fundamentals of quoted companies to achieve a market beating performance.Clive Thompson - YouTube - @clivethompson-jc9my LinkedIn - https://www.linkedin.com/in/clive-thompson-661997251/Video - https://www.youtube.com/watch?v=L9aye4wQ8OkWTFinance - Instagram - https://www.instagram.com/wtfinancee/Spotify - https://open.spotify.com/show/67rpmjG92PNBW0doLyPvfniTunes - https://podcasts.apple.com/us/podcast/wtfinance/id1554934665?uo=4Twitter - https://twitter.com/AnthonyFatseas
Interview recorded - 3rd of June, 2025On this episode of the WTFinance podcast I had the pleasure of welcoming on Dr Komal Sri-Kumar. Dr Komal is the President, Sri-Kumar Global Strategies.During our conversation we spoke about the US Debt crisis, outlook on the economy, risk of stagflation, the bond market, what Powell should do and more. I hope you enjoy!0:00 - Introduction1:53 - Outlook on the economy3:22 - Stagflation4:36 - Dual mandate6:18 - FED creating new tools8:07 - Tight monetary situation?10:10 - Bond market13:56 - Failed bond auction?15:19 - Possible to remove deficit17:32 - Yields to continue to rise?19:31 - What should Powell do?22:48 - Global yields increasing26:20 - Yield curve control29:00 - Dollar to continue to drop?30:05 - One message to takeaway?Dr. Komal S. Sri-Kumar is President of the Santa Monica, California based Sri-Kumar Global Strategies, Inc., a macroeconomic consulting firm he formed in January 2013 to advise multinational firms and sovereign wealth funds on global risk and opportunities. Prior to founding the firm, Sri worked at the Los Angeles-based Trust Company of the West (TCW) from 1990 to 2012, serving for the last several years as the firm’s Chief Global Strategist.He was the Chairman of TCW’s Comprehensive Asset Allocation Committee from 1997 to 2015. The Four-Morningstar rated TCW Conservative Asset Allocation Fund that he was a manager of (TGPCX) was rated “Category King” by the Wall Street Journal for performance as of September 30, 2015. The fund was ranked First among 365 similar funds.Before his work at TCW, Sri was Senior Vice President at the Beverly Hills-based Drexel Burnham Lambert, and Executive Vice President of DBL Americas, specializing in country risk analysis.He is a Senior Fellow at the Milken Institute, and was a member of the Columbia University Graduate School of Arts and Sciences Alumni Board. He is a member of the Economic Club of New York. His articles and interviews have been published in the Financial Times, Wall Street Journal and the New York Times. He is often interviewed on CNBC, Bloomberg Radio and TV, and Fox Business. Sri is a contributor to Bloomberg View on global macro issues and their impact on markets (www.bloombergview.com).Sri holds an M.A. in Economics from the Delhi School of Economics, and M.Phil and Ph.D. degrees from Columbia University. His doctoral dissertation at Columbia University was supervised by Robert Mundell, Nobel Laureate in Economics (1999).Dr Komal Sri-Kumar - Website - https://srikumarglobal.com/X - https://x.com/SriKGlobalSubstack - https://srikonomics.substack.com/WTFinance -Spotify - https://open.spotify.com/show/67rpmjG92PNBW0doLyPvfniTunes -https://podcasts.apple.com/us/podcast/wtfinance/id1554934665?uo=4LinkedIn - https://www.linkedin.com/in/anthony-fatseas-761066103/Twitter - https://twitter.com/AnthonyFatseasThumbnail image from - https://www.marketwatch.com/story/cost-of-insuring-against-default-on-u-s-government-debt-reaches-all-time-high-according-to-s-p-global-market-intelligence-8b71b2d2
Interview recorded - 5th of June, 2025On this episode of the WTFinance podcast I had the pleasure of welcoming back Danielle DiMartino Booth. Danielle is the CEO & Chief Strategist for QI Research. She is the author of Fed Up and a global thought leader in monetary policy, economics and finance with 9 years experience at the Federal Reserve Bank of Dallas.During our conversation we spoke about Danielle's thoughts on the economy, the FED stalling elections, the bond market, BOJ increasing global yields, recession comparison and more. I hope you enjoy!0:00 - Introduction2:07 - Danielle’s economic outlook3:22- FED stalling6:37 - Worried about Covid repeat?7:50 - Cut before election?10:07 - End of Powell?12:13 - Bond market?13:41 - BOJ increases impacting global yields14:27 - Dollar depreciation16:02- US in a recession?19:16 - Global economy20:18 - Recession comparison21:31 - Risk-off?22:46 - Retirees selling?24:05 - One message to takeaway?DiMartino Booth set out to launch a #ResearchRevolution, redefining how market intelligence is conceived and delivered to guide portfolio managers and promote financial literacy. To build QI, she brought together a core team of investing veterans to analyze the trends and provide critical analysis on what is driving the markets – both in the United States and globally.Since their inception in 2015, commentary and data from DiMartino Booth’s The Daily Feather and The Weekly Quill have appeared in other financial sources such as Bloomberg, CNBC, Fox Business, Institutional Investor, Yahoo Finance, The Wall Street Journal, MarketWatch, Seeking Alpha, TD Ameritrade, TheStreet.com, and more.A global thought leader in monetary policy, economics, and finance, DiMartino Booth founded QI Research in 2015. She is the author of FED UP: An Insider’s Take on Why the Federal Reserve is Bad for America (Portfolio, Feb 2017), a business speaker, and a commentator frequently featured on CNBC, Bloomberg, Fox News, Fox Business News, BNN Bloomberg, Yahoo Finance and other major media outlets.Prior to QI Research, DiMartino Booth spent nine years at the Federal Reserve Bank of Dallas. She served as Advisor to President Richard W. Fisher throughout the financial crisis until his retirement in March 2015. Her work at the Fed focused on financial stability and the efficacy of unconventional monetary policy.DiMartino Booth began her career in New York at Credit Suisse and Donaldson, Lufkin & Jenrette where she worked in the fixed-income, public equity, and private equity markets. DiMartino Booth earned her BBA as a College of Business Scholar at the University of Texas at San Antonio. She holds an MBA in Finance and International Business from the University of Texas at Austin and an MS in Journalism from Columbia University.Danielle DiMartino Booth - Website - https://quillintelligence.com/Twitter - https://twitter.com/DiMartinoBoothYouTube - @DanielleDiMartinoBoothQI WTFinance -Spotify - https://open.spotify.com/show/67rpmjG92PNBW0doLyPvfniTunes -https://podcasts.apple.com/us/podcast/wtfinance/id1554934665?uo=4LinkedIn - https://www.linkedin.com/in/anthony-fatseas-761066103/Twitter - https://twitter.com/AnthonyFatseas
Interview recorded - 30th of May, 2025On this episode of the WTFinance podcast I had the pleasure of welcoming back Eric Basmajian. Eric is the Founder & CEO of EPB Business Cycle Research.During our conversation we spoke about the current economic outlook, economic trajectory, company profit margins, what this means for the economy and more. I hope you enjoy!0:00 - Introduction0:59 - Current economic outlook7:18 - Economic trajectory13:13 - Company profit margins16:46 - Regional housing markets20:03 - Impact of tariffs?25:58 - Margins impact on markets?29:16 - Money on the side-line31:44 - Tight monetary policy33:24 - One message to takeawayEric Basmajian is an economic cycle analyst providing research on long-term and short-term trends in growth and inflation. With a degree in economics and experience at a quantitative hedge fund, Eric has developed a unique secular and cyclical framework to forecast major economic inflection points and the resulting impact on asset prices.Eric holds a bachelor’s degree in economics from New York University. Eric started on the buy-side of the financial sector, as an analyst with Panorama Partners, a quantitative hedge fund specializing in algorithmically scanning for mispriced equity derivatives.Eric Basmajian - Website - https://epbresearch.com/Twitter - https://twitter.com/EPBResearchYouTube - @EPBResearch LinkedIn - https://www.linkedin.com/in/eric-basmajian-32614116a/WTFinance -Instagram - https://www.instagram.com/wtfinancee/Spotify - https://open.spotify.com/show/67rpmjG92PNBW0doLyPvfniTunes - https://podcasts.apple.com/us/podcast/wtfinance/id1554934665?uo=4Twitter - https://twitter.com/AnthonyFatseasThumbnail image from - https://www.linkedin.com/pulse/our-global-economy-heading-recession-samith-victor-rodrigues/
Interview recorded - 30th of May, 2025On this episode of the WTFinance podcast I had the pleasure of welcoming back David Rosenberg. David is the Founder & President of Rosenberg Research & associates.During our conversation we spoke about his current outlook on markets, how the economy could already be in a recession, tariffs, rebalancing of trade, corporate margins, stock market and more. I hope you enjoy!0:00 - Introduction1:53- Current Economic Outlook?2:39 - Tariffs6:35 - Rebalancing trade15:23 - Corporate margin issue?18:47 - Long bond issue?21:42 - Stock market24:02 - US underperforming25:22 - Assets David currently likes34:02 - One message to takeaway?David Rosenberg is the Founder and President of Rosenberg Research & Associates Inc., an economic consulting firm he established in January 2020. He and his team have as their top priority providing investors with analysis and insights to help them make well-informed investment decisions.Prior to Rosenberg Research, David was Chief Economist & Strategist at Gluskin Sheff + Associates Inc. from 2009 to 2019. From 2002 to 2009, he was Chief North American Economist at Merrill Lynch in New York, during which he was consistently ranked in the Institutional Investor All-Star analyst rankings. Prior thereto, he was Chief Economist and Strategist for Merrill Lynch Canada, based out of Toronto, where he and his team placed first in the Brendan Wood survey of Canadian economists for ten years in a row.Mr. Rosenberg is a frequent contributor to most major financial newspapers and publications in North America and makes regular TV appearances in the financial media. He received both a Bachelor of Arts and Masters of Arts degree in Economics from the University of Toronto.David Rosenberg - Website - https://www.rosenbergresearch.com/Twitter - https://twitter.com/EconguyRosieArticle - https://www.linkedin.com/pulse/lament-bear-david-rosenberg-tpxzcLinkedIn - https://www.linkedin.com/in/david-rosenberg-40800219b/WTFinance -Instagram - https://www.instagram.com/wtfinancee/Spotify - https://open.spotify.com/show/67rpmjG92PNBW0doLyPvfniTunes - https://podcasts.apple.com/us/podcast/wtfinance/id1554934665?uo=4Twitter - https://twitter.com/AnthonyFatseas
Interview recorded - 30th of May, 2025
On this episode of the WTFinance podcast I have the pleasure of welcoming back Clem Chambers. Clem is an author, journalist and founder CEO of A New FN Europe’s leading stocks and markets website.
During our conversation we spoke about the overview of the economy, why the markets are crazy, Trump TACO trade, you should be cautious, government spending trajectory, end of US exceptionalism and more. I hope you enjoy!
0:00 - Introduction
1:02 - Overview of economy and markets?
6:04 - More confidence in markets?
10:35 - Trump always chickens out (TACO) trade
12:37 - Cautious
15:32 - Institutional money on the side-lines
23:46 - Government spending trajectory
27:26 - US exceptionalism over?
31:23 - Dollar down, US stocks down?
36:08 - Mercantilism
40:43 - One message to takeaway?
Clem Chambers is an author, journalist and founder/former CEO of ADVFN, Europe’s leading stocks and markets website. He is General Partner of Ylem Capital clem@ylem.capital. A sought after media commentator, Clem is a regular guest on major television networks including CNBC (US, Europe, Asia, Arabia), Al-Jazeera, BBC, BNN and Fox News.
The author of non-fiction titles including ‘Letters to my Broker’, ‘The Death of Wealth’ and the investment guides ‘101 Ways to Pick Stock Market Winners’ and ‘A Beginner’s Guide to Value Investing’, Clem writes for Seeking Alpha, Forbes and Engineering and Technology magazine and has written Nikkei BP, the Gulf News and The Scotsman as well as specialist trading and business publications Risk AFRICA, Traders and Your Trading Edge. He has written investment columns for Wired Magazine, which described him as a ‘Market Maven’.
Clem Chambers -
Website - https://www.clemchambers.com/
Twitter - https://x.com/ClemChambers
Business - https://anewfn.com/
WTFinance -
Instagram - https://www.instagram.com/wtfinancee/
Spotify - https://open.spotify.com/show/67rpmjG92PNBW0doLyPvfn
iTunes - https://podcasts.apple.com/us/podcast/wtfinance/id1554934665?uo=4
Twitter - https://twitter.com/AnthonyFatseas
Interview recorded - 23rd of May, 2025On this episode of the WTFinance podcast I had the pleasure of welcoming back Michael Howell. Michael is the Founder & Managing Director of CrossBorder Capital.During our conversation we spoke about the overview of global liquidity, FED increasing liquidity, yields higher, Gold trend, debt reset and more. I hope you enjoy!0:00 - Introduction1:14 - Overview of Global Liquidity6:59 - FED increased liquidity?9:06 - What is driving yield increases?24:06 - What is happening in China?32:50 - Everything gold trend34:06 - Risk on positive35:21 - Bond yields higher?37:08 - Debt reset39:28 - One message to takeaway?Michael Howell is CEO of CrossBorder Capital, a London-based FCA registered, independent research and investment company that he founded in 1996. Previously he was Head of Research for Baring Securities and Research Director of Salomon Brothers Inc, the US investment bank. The liquidity methodology he pioneered monitors cross-border flows and Central Bank behaviour across some 80 countries world-wide. Liquidity flows are a central part of CrossBorder Capital's asset allocation advice, which is currently provided to major global investors, including institutional asset managers, government agencies, Central Banks and endowment funds. Michael has been in financial markets since 1981 and is a regular conference speaker and media commentator. He graduated from Bristol and London Universities with a finance doctorate, specialising in Fixed Income.Michael Howell -Website - https://crossbordercapital.com/Twitter - https://twitter.com/crossbordercapLinkedIn - https://www.linkedin.com/in/michael-howell-357b1416/?originalSubdomain=ukWTFinance -Instagram - https://www.instagram.com/wtfinancee/Spotify - https://open.spotify.com/show/67rpmjG92PNBW0doLyPvfniTunes - https://podcasts.apple.com/us/podcast/wtfinance/id1554934665?uo=4Twitter - https://twitter.com/AnthonyFatseasThumbnail image from - https://www.linkedin.com/pulse/us-dollar-ever-replaced-another-currency-what-might-replace-1uoxc/
Interview recorded - 22nd of May, 2025On this episode of the WTFinance podcast I have the pleasure of welcoming back Michael Pento. Michael is the President & Founder of Pento Portfolio Strategies.During our conversation we spoke about Michael's thoughts on the economy, tariff negotiations, inflation, Doge, bond market issues, growth of debt issues, what would turn Michael bullish and more. I hope you enjoy!0:00 - Introduction1:15 - Overview of the economy4:20 - Tariff negotiations6:41 - Inflation9:25 - Doge shift10:36 - Bond market issues15:41 - Volatility trading19:49 - Grow out of debt issue24:45 - Rotating in commodities/agriculture?26:16 - What would turn bullish?30:01 - One message to takeaway?Michael Pento serves as the President and Founder of Pento Portfolio Strategies (PPS). PPS is a Registered Investment Advisory Firm (RIA) that operates like an actively managed fund without all the expenses. The Model Portfolio uses a proprietary macroeconomic model to determine when and how to invest across an inflation/deflation and economic cycle spectrum. The 20-component model is used to determine the two most important factors when it comes to successful investing: the second derivatives of growth and inflation.Michael Pento - Website - https://pentoport.com/Twitter - https://twitter.com/michaelpento?lang=enLinkedIn - https://www.linkedin.com/in/michael-pento-a1882917b/WTFinance Instagram - https://www.instagram.com/wtfinancee/Spotify - https://open.spotify.com/show/67rpmjG92PNBW0doLyPvfniTunes - https://podcasts.apple.com/us/podcast/wtfinance/id1554934665?uo=4Twitter - https://twitter.com/AnthonyFatseasThumbnail image from - https://www.theglobeandmail.com/investing/article-next-up-for-markets-a-crisis-of-confidence-in-the-us-dollar/
Interview recorded - 12th of May, 2025On this episode of the WTFinance podcast I had the pleasure of welcoming back Michael Every. During our conversation we spoke about the shifting geopolitical tides, what Trump negotiations mean, mass imports, issues with free trade, who will lose and more. I hope you enjoy!0:00 - Introduction1:10 - What are we seeing in the world?4:34 - Trump negotiation?6:12 - Mass imports8:05 - Geopolitical shifts11:24 - BRICS12:44 - Republican shift15:14 - Issues with free trade?21:06 - Who wins?22:34 - US worse off than China?24:42 - Shift away from China25:44 - Impact on markets?28:34 - European issues30:34 - One message to takeaway?
Michael Every is a Global Strategist at Rabobank. He analyses major financial developments and contributes to the bank’s various economic research publications for internal and external customers and to the media.Michael has over two decades of experience working as an Economist and Strategist. Before Rabobank, he was a Director at Silk Road Associates in Bangkok, Senior Economist and Fixed Income Strategist at the Royal Bank of Canada in both London and Sydney, and an Economist for Dun & Bradstreet in London.Michael holds a Masters degree in Economics (with distinction) from University College London and speaks a smattering of languages, including Thai.
Michael Every -
Website - https://www.rabobank.com/knowledge/our-experts/011085368/michael-every
LinkedIn - https://sg.linkedin.com/in/michael-every-38983214
WTFinance -
Spotify - https://open.spotify.com/show/67rpmjG92PNBW0doLyPvfn
iTunes - https://podcasts.apple.com/us/podcast/wtfinance/id1554934665?uo=4
Linkedin - https://www.linkedin.com/in/anthony-fatseas-761066103/
Twitter - https://twitter.com/AnthonyFatseas
Interview recorded - 23rd of April, 2025
On this episode of the WTFinance podcast I have the pleasure of welcoming on G.Edward Griffin. G.Edward is the author of the “Creature from Jekyll Island”.
During our conversation we spoke about the creation of the FED, the goals of the Federal Reserve, concentration of wealth, their true purpose and more. I hope you enjoy!
0:00 - Introduction
1:48 - Creature from Jekyll Island
16:50 - Goals of Federal Reserve
20:37 - Concentration of wealth
22:55 - Inevitable issue?
30:07 - One message to takeaway?
G.Edward Griffin is a writer, documentary film producer, and Founder of Freedom Force International. Listed in Who’s Who in America, he is well known because of his talent for researching difficult topics and presenting them in clear terms that all can understand.
He has dealt with such diverse subjects as archaeology and ancient Earth history, the Federal Reserve System and international banking, terrorism, internal subversion, the history of taxation, U.S. foreign policy, the science and politics of cancer therapy, the Supreme Court, and the United Nations.
His better-known works include The Creature from Jekyll Island, World without Cancer, The Discovery of Noah’s Ark, Moles in High Places, The Open Gates of Troy, No Place to Hide, The Capitalist Conspiracy, More Deadly than War, The Grand Design, The Great Prison Break, and The Fearful Master.
Ed is a graduate of the University of Michigan where he majored in speech and communications. He is a recipient of the coveted Telly Award for excellence in television production, the creator of the Reality Zone Audio Archives, Publisher of Need to Know News, and is President of American Media, a publishing and video production company in Southern California.
He has served on the board of directors of The National Health Federation and The International Association of Cancer Victors and Friends and is Founder and President of The Cancer Cure Foundation. He is the Founder of Freedom Force International and creator of Red Pill University, Red-Pill Expos, and Rabbit-Hole Expeditions. The mission of these Red-Pill and Rabbit-Hole endeavors is far more serious than they may sound. It is to popularize a global coalition for the victory of individualism over collectivism and liberty over tyranny.
G.Edward Griffin -
Books - https://www.amazon.co.uk/stores/author/B001KMN0ZE/allbooks?ingress=0&visitId=b1eec423-031e-4b54-bc55-36a468ab30a2
Political reading - https://g-edward-griffin.aweb.page/p/6aa8c83b-e074-4d45-a899-c75e28acecd6
WTFinance -
Instagram - https://www.instagram.com/wtfinancee/
Spotify - https://open.spotify.com/show/67rpmjG92PNBW0doLyPvfn
iTunes - https://podcasts.apple.com/us/podcast/wtfinance/id1554934665?uo=4
Twitter - https://twitter.com/AnthonyFatseas
Thumbnail image from - https://www.fairobserver.com/economics/horrific-jobs-report-suggests-that-a-us-recession-now-looms/
Interview recorded - 23rd of April, 2025
On this episode of the WTFinance podcast I had the pleasure of welcoming on James Lavish. James is the Managing Partner at The Bitcoin Opportunity Fund and writer at the Informationist newsletter.
During our conversation we spoke about his thoughts on the markets, economic uncertainty, higher interest rates & inflation, debt challenges, Bitcoin federal reserve and more. I hope you enjoy!
0:00 - Introduction
1:39 - What is James seeing in markets?
3:35 - Economic uncertainty
10:28 - Higher interest rates inflationary
13:01 - Tariffs
14:43 - Resolution to debt issues?
17:38 - Debt challenges
24:18 - Realignment away from US Dollar
26:12 - Eurodollar market
27:28 - Swap lines
29:12 - Bitcoin federal reserve
33:50 - BRICS buying gold
37:35 - One message to takeaway from our conversation
James Lavish has over 25 years of institutional investing experience and is Managing Partner of the Bitcoin Opportunity Fund, a hybrid investment fund that makes public and private investments in the Bitcoin ecosystem. He is also the author of The Informationist, a newsletter with over 35K subscribers that simplifies one financial concept weekly.
James graduated Yale University in 1993, and he is a Chartered Financial Analyst (CFA).
James Lavish:
X - https://x.com/jameslavish
Newsletter - https://www.jameslavish.com/
Bitcoin Opportunity Fund - https://www.bitcoinopportunity.fund/
WTFinance -
Instagram - https://www.instagram.com/wtfinancee/
Spotify - https://open.spotify.com/show/67rpmjG92PNBW0doLyPvfn
iTunes - https://podcasts.apple.com/us/podcast/wtfinance/id1554934665?uo=4
Twitter - https://twitter.com/AnthonyFatseas
Interview recorded - 21st of April, 2025
On this episode of the WTFinance podcast I have the pleasure of welcoming on Brent Johnson. Brent is the CEO of Santiago Capital, has twenty years experience in financial markets and is well known for coining the “Milkshake theory”.
During our conversation we touched on the Milkshake theory, the risk of a sovereign crisis, what this means for the markets currently, realignment of the world worder, who are the losers and more. I hope you enjoy!
0:00 - Introduction
1:22 - Milkshake theory
4:15 - Sovereign crisis
7:20 - All things link back to debt & dollar?
9:14 - China worse than the West?
11:28 - Misallocation of capital?
16:40 - Swap lines
20:31 - What is happening in the economy?
24:16 - Foreigners selling US assets?
26:31 - Dollar shortage
28:39 - Realignment of world order
32:09 - Who is the loser?
35:31 - Impact investment approach?
38:56 - One message to takeaway?
Brent Johnson brings over twenty years of experience in the financial markets to his position as CEO of Santiago Capital. Prior to that, Brent enjoyed more than nine years as a Managing Director at BakerAvenue Asset Management, a multi-billion dollar asset manager and wealth management firm. He was the lead advisor for several of the firm’s largest clients. Before joining BakerAvenue, Brent spent nine years at Credit Suisse in their private client group. He got his start as part of the training program at Donaldson, Lufkin & Jenrette (DLJ) which became part of Credit Suisse in the fall of 2000. Brent regularly gives interviews and speaks at conferences regarding financial markets & macroeconomic trends. His views have been quoted in numerous print, online and television outlets.
Brent Johnson -
Fund - https://santiagocapital.com/
X - https://x.com/SantiagoAuFund
Newsletter - https://macroalchemist.com/
YouTube - @MilkshakesPod
WTFinance -
Instagram - https://www.instagram.com/wtfinancee/
Spotify - https://open.spotify.com/show/67rpmjG92PNBW0doLyPvfn
iTunes - https://podcasts.apple.com/us/podcast/wtfinance/id1554934665?uo=4
Twitter - https://twitter.com/AnthonyFatseas
Interview recorded - 17th of April, 2025
On this episode of the WTFinance podcast I had the pleasure of welcoming back Matthew Piepenburg. Matthew is a Partner of Von Greyerz AG.
During our conversation we spoke about the current state of the economy, tariffs, why all problems lead to debt and liquidity, a complete shift in the world order, collapse of the FIAT currency and more. I hope you enjoy!
0:00 - Introduction
0:57 - What are you seeing in the economy?
8:39 - Tariffs impact on liquidity
20:14 - Complete shift in the world order?
29:49 - Collapse of FIAT currencies
41:14 - One message to takeaway from our conversation?
Matt began his finance career as a transactional attorney before launching his first hedge fund during the NASDAQ bubble of 1999-2001
Thereafter, he began investing his own and other HNW family funds into alternative investment vehicles while operating as a General Counsel, CIO and later Managing Director of a single and multi-family office. Matthew worked closely as well with Morgan Stanley’s hedge fund platform in building a multi-strat/multi-manager fund to better manage risk in a market backdrop of extreme central bank intervention/support. The conviction that precious metals provides the most reliable and longer-term protection against potential systemic risk led Matt to join VON GREYERZ.
The author of the Amazon No#1 Release, Rigged to Fail, Matt is fluent in French, German and English; he is a graduate of Brown (BA), Harvard (MA) and the University of Michigan (JD). Along with Egon von Greyerz, Matthew is the co-author of Gold Matters, which offers an extensive examination of gold as an historically-confirmed wealth-preservation asset.
Matthew Piepenburg -
LinkedIn - https://linkedin.com/in/matthewpiepenburg
Website - https://vongreyerz.gold/
WTFinance -
Instagram - https://www.instagram.com/wtfinancee/
Spotify - https://open.spotify.com/show/67rpmjG92PNBW0doLyPvfn
iTunes - https://podcasts.apple.com/us/podcast/wtfinance/id1554934665?uo=4
Twitter - https://twitter.com/AnthonyFatseas
Interview recorded - 7th of April, 2025
On this episode of the WTFinance podcast I had the pleasure of welcoming back Jason Shapiro. Jason is a hedge fund manager and trading legend with 30+ years of trading experience. He was also featured in the book "Unknown Market Wizards".
0:00 - Introduction
1:20 - What are we seeing?
3:12 - Comparison to other periods?
7:53 - Who is selling?
12:30 - Contrarian investors.
16:03 - Current investor positioning
17:08 - Markets more volatile?
19:46 - Assets Jason is watching?
22:43 - Long time to learn trading
26:08 - Largest mistakes traders make
28:13 - What is a bad decision?
30:08 - What would make you change your strategy?
32:38 - Human nature
34:12 - Bad news, no reaction
36:48 - One message to takeaway?
With over 30 years of trading experience, Jason has gone through most markets a trader should see in their career. From the crazy rallies during the 90s, the tech bubble pop in early 2000s, the 2008 market crash and the latest bull run starting in 2009. Through the last 20 years of his career, he has used a contrarian approach which has been very successful to him and his clients, as verified by Jack D. Schwager in his latest MARKET WIZARDS BOOK. Jason has managed large sums of money from a few million to several hundred million and learned a great deal about the Futures markets, from Equities, Currencies and Fixed Income to Currencies and Precious Metals.
Jason Shapiro -
Website - https://www.crowdedmarketreport.com/
Twitter - https://twitter.com/Crowded_Mkt_Rpt
LinkedIn - https://www.linkedin.com/in/jason-shapiro-53674994/
YouTube - @crowdedmarketreport
WTFinance -
Instagram - https://www.instagram.com/wtfinancee/
Spotify - https://open.spotify.com/show/67rpmjG92PNBW0doLyPvfn
iTunes - https://podcasts.apple.com/us/podcast/wtfinance/id1554934665?uo=4
Twitter - https://twitter.com/AnthonyFatseas
Interview recorded - 14th of April, 2025
On this episode of the WTFinance podcast I had the pleasure of welcoming back Peter Boockvar. Peter is a CNBC Contributor, Chief Investment Officer of Bleakley Financial Group & Editor of the Boock Report.
During our conversation we spoke about what he is watching, Tariffs, DOGE, impact on the stock market, inflation, a bifurcating world, assets to perform and more. I hope you enjoy!
0:00 - Introduction
0:45 - What is Peter watching?
1:26 - Tariffs
3:53 - DOGE
7:27 - MAG7 impacted
9:01 - Inflation
14:29 - Bonds
14:48 - Bifurcation of global world?
18:21 - Wealth divide
22:39 - Commodities
24:16 - One message to takeaway?
Peter Boockvar is an independent economist and market strategist. The Boock Report is independently produced by Peter Boockvar. Peter Boockvar is also the Chief Investment Officer of Bleakley Financial Group, LLC a Registered Investment Adviser. The Boock Report and Bleakley Financial Group, LLC are separate entities. Content contained in The Boock Report newsletters should not be construed as investment advice offered by Bleakley Financial Group, LLC or Peter Boockvar. This market commentary is for informational purposes only and is not meant to constitute a recommendation of any particular investment, security, portfolio of securities, transaction or investment strategy. The views expressed in this commentary should not be taken as advice to buy, sell or hold any security. To the extent any of the content published as part of this commentary may be deemed to be investment advice, such information is impersonal and not tailored to the investment needs of any specific person. No chart, graph, or other figure provided should be used to determine which securities to buy or sell. Consult your advisor about what is best for you.
Peter Boockvar -
X - https://x.com/pboockvar?lang=en
Substack - https://peterboockvar.substack.com/
WTFinance -
Instagram - https://www.instagram.com/wtfinancee/
Spotify - https://open.spotify.com/show/67rpmjG92PNBW0doLyPvfn
iTunes - https://podcasts.apple.com/us/podcast/wtfinance/id1554934665?uo=4
Twitter - https://twitter.com/AnthonyFatseas
Interview recorded - 14th of April, 2025
On this episode of the WTFinance podcast I had the pleasure of welcoming back Rick Rule. Rick is the Former President & CEO of Sprott U.S. Holdings with decades of experience in the commodities business.
During our conversation we spoke about the Trump tariffs, what this means for the global world order, China, which assets to perform, a bifurcated world, gold & precious metals and more. I hope you enjoy!
0:00 - Introduction
1:37 - Tariffs
3:56 - China’s government backed economy
4:57 - US competitive edge
6:38 - Why has US economy shifted?
7:38 - Tax shifts
9:34 - Cutting government spending
13:16 - More retirees impacting coming years
14:01 - Challenging times
15:11 - Which assets to perform?
17:13 - Consumer products and tariffs?
18:08 - Bifurcated world
18:51 - All regions pushing towards protectionism
21:11 - Gold & precious metals
29:13 Energy
32:17 - Copper
36:10 - One message to takeaway?
Rick began his career 47 years ago in 1974 in the securities business and has been involved in it ever since. He is known for his expertise in many resource sectors, including agriculture, alternative energy, forestry, oil and gas, mining, and water. In 1990, Rick founded the business now known as Sprott US Holdings” merging in into Sprott Inc. ( SII) in 2011. He retired from Sprott Inc., in 2021, and resigned from the board of directors in 2023, but remains Sprott’s largest shareholder. IMr. Rule is a sought-after speaker at industry conferences, and a frequent contributor to numerous media outlets including CNBC, Fox Business News and BNN. Mr. Rule is actively engaged in private placement markets, through originating and participating in hundreds of debt and equity transactions.
Rick Rule -
Twitter - https://twitter.com/RealRickRule
LinkedIn - https://www.linkedin.com/in/rick-rule-1058921a/
Website - https://ruleinvestmentmedia.com/
Seminar - https://opptravel.zohobackstage.com/TheRuleSymposiumonNaturalResourceInvesting2024#/?affl=WTFinance
WTFinance -
Instagram - https://www.instagram.com/wtfinancee/
Spotify - https://open.spotify.com/show/67rpmjG92PNBW0doLyPvfn
iTunes - https://podcasts.apple.com/us/podcast/wtfinance/id1554934665?uo=4
Twitter - https://twitter.com/AnthonyFatseas
Interview recorded - 20th of March, 2025
On this episode of the WTFinance podcast I had the pleasure of welcoming back Chris Vermeulen. Chris is the Founder & Chief Market Strategist at The Technical Traders.
During our conversation we spoke about his views on the market, risk of a crash, shift of momentum, precious metals, how long do cycles last and more. I hope you enjoy!
0:00 - Introduction
1:00 - Chris’ view on markets
4:10 - Market crash?
6:20 - Shift of momentum
9:02 - Precious metals
11:14- How long do cycles last?
15:12 - Picking the bottom
17:20 - Global crash?
20:45 - Treasuries
22:40 - One message to takeaway from our conversation?
Chris Vermeulen is a visionary investor who pioneered an industry-breaking method of investing called “Asset Revesting.” Chris introduced this innovative approach in his latest book, “Asset Revesting – How to Exclusively Hold Assets Rising in Value, Profit During Bear Markets, and Continue Building Wealth in Retirement.“
Chris’s journey in the financial world began in 1997 at 16. Using his innate talent for trading and risk management, Chris earned enough money to pay for his final year of college, where he earned a business diploma in operations management. He then transitioned into a full-time entrepreneur and trader, achieving financial freedom in his 20s.
His expertise in technical analysis led him to create systematic processes that uncover unique trading and investment opportunities. A persistent advocate for managing portfolio risk, Chris has little faith in the buy-and-hold strategy, which often entails holding onto depreciating assets.
Chris’s innovative approach to asset allocation emphasizes efficiency, resulting in systems that manage portfolio positions, exhibit low drawdowns, and consistently outperform the markets. His short-term and long-term strategies are perfect for those seeking proven techniques to manage and protect capital.
Chris is widely recognized as an exceptional technical trader, possessing profound insight and a keen understanding of market trends. He shares his wisdom in his book “Technical Trading Mastery, Second Edition – 7 Steps to Win with Logic,” further solidifying his reputation as a trailblazer in the financial industry.
Chris Vermeulen -
Website - https://thetechnicaltraders.com/
Twitter - https://twitter.com/TheTechTraders
YouTube - @TheTechnicalTraders
WTFinance -
Instagram - https://www.instagram.com/wtfinancee/
Spotify - https://open.spotify.com/show/67rpmjG92PNBW0doLyPvfn
iTunes - https://podcasts.apple.com/us/podcast/wtfinance/id1554934665?uo=4
Twitter - https://twitter.com/AnthonyFatseas
Interview recorded - 13th of March 2025
On this episode of the WTFinance podcast I had the pleasure of welcoming back Michael Oliver. Michael is the founder of Momentum Structural Analysis.
During our conversation we spoke about the current risk of a recession, what this means for markets, why there could be a long bear market, gold, the commodity super cycle and more. I hope you enjoy!
0:00 - Introduction
1:17 - Thoughts on markets?
6:13 - How do you define a market?
10:51 - Surprised about market strength?
20:51 - Dollar to come down
22:11 - Recession
24:41 - Gold
32:26 - Commodity super cycle?
J. Michael Oliver entered the financial services industry in 1975 on the Futures side, joining E.F. Hutton’s International Commodity Division, headquartered in New York City's Battery Park. He studied under David Johnston, head of Hutton’s Commodity Division and Chairman of the COMEX.
In the 1980s Mike began to develop his own momentum-based method of technical analysis. He learned early on that orthodox price chart technical analysis left many unanswered questions and too often deceived those who trusted in price chart breakouts, support/resistance, and so forth.
In 1987 Mike technically anticipated and caught the Crash. It was then that he decided to develop his structural momentum tools into a full analytic methodology.
In 1992 the Financial VP and head of Wachovia Bank's Trust Department asked Mike to provide soft dollar research to Wachovia. Within a year, Mike shifted from brokerage to full-time technical research. He is also the author of The New Libertarianism: Anarcho-Capitalism.
Michael Oliver -
Website - https://www.olivermsa.com/
Twitter - https://twitter.com/Oliver_MSA
WTFinance -
Spotify - https://open.spotify.com/show/67rpmjG92PNBW0doLyPvfn
iTunes -https://podcasts.apple.com/us/podcast/wtfinance/id1554934665?uo=4
LinkedIn - https://www.linkedin.com/in/anthony-fatseas-761066103/
Twitter - https://twitter.com/AnthonyFatseas
Interview recorded - 15th of March, 2025
On this episode of the WTFinance podcast I have the pleasure of welcoming on Dr Steve Keen. Steve is a critically acclaimed economist who is looking to debunk traditional economics.
During our conversation we spoke about the current state of the global economy, why economists have everything wrong, why Trump should not be cutting the deficit, what this will lead to and more. I hope you enjoy!
0:00 - Introduction
1:19 - Overview of global economy
3:24 - Why is cutting the deficit wrong?
6:26 - Government spending sustainable?
20:19 - UK poor example
21:01 - Best deficit?
23:46 - Interest rates not an issue
30:31- Financialisation
39:46 - One message to takeaway from our conversation?
Steve Keen is an Australian economist and author. He considers himself a post-Keynesian, criticising neoclassical economics as inconsistent, unscientific, and empirically unsupported.
Keen was formerly an associate professor of economics at University of Western Sydney. In 2014, he became a professor and Head of the School of Economics, History and Politics at Kingston University in London. He has since taken retirement and is crowd source funded to undertake independent research as well as being a Distinguished Research Fellow at the Institute for Strategy Resilience & Security, University College London.
Steve Keen -
YouTube - @ProfSteveKeen
Substack - https://profstevekeen.substack.com/
Website - https://www.stevekeenfree.com/free-book7
X - https://x.com/ProfSteveKeen
WTFinance -
Instagram - https://www.instagram.com/wtfinancee/
Spotify - https://open.spotify.com/show/67rpmjG92PNBW0doLyPvfn
iTunes - https://podcasts.apple.com/us/podcast/wtfinance/id1554934665?uo=4
Twitter - https://twitter.com/AnthonyFatseas
Interview recorded - 14th of March, 2025
On this episode of the WTFinance podcast I have the pleasure of welcoming on Alex Krainer. Alex is has worked as a market analyst, researcher, trader and hedge fund manager since 1996. He is the founder Krainer Analytics and creator of I-System Trend following.
During our conversation we spoke about the geopolitical overview, why the world order is shifting, whether the US is different to the West, restructuring of the economy, the uniparty, impacts on the market and more. I hope you enjoy!
0:00 - Introduction
1:39 - Geopolitical overview
3:47 - Why is world order shift being ignored?
5:44 - When did shift begin?
9:17 - US different to the rest of the West
13:26 - Corporate colonialism
17:07 - Restructuring of the economy
18:47 - Can the West rise again?
24:07 - Uniparty
27:57 - How does this impact markets?
34:42 - One message to takeaway from conversation?
Alex is the founder of Krainer Analytics and creator of I-System Trend Following. He has worked as a market analyst, researcher, trader and hedge fund manager since 1996. Alex was born and raised in a socialist regime of former Yugoslavia, under one-party communist rule. As a 17-year old he joined a student exchange program and took up his university studies there, ultimately transferring to Switzerland on a scholarship where he completed a degree in Business and Economics.
From Switzerland his path led him to Venezuela where he lived for a year and experienced his first banking crisis in 1994 when 9 of Venezuela’s 16 largest banks failed and brought the country’s economy to a grinding halt. The same year he returned to Croatia and joined the military where he served through 1995 during the last phases of Croatia’s war of independence. In 1996, upon discharge from the military, Alex took employment at an oil trading company in Monaco. In 1998 he became the head of risk and CEO in 2000.
Alex had originated the firm’s research and development program in market analysis and application of neural networks and artificial intelligence in trading of financial and commodities markets. By 2007 Alex launched his own investment management business and was among the small minority of managers who generated positive investment returns (+27%) during the 2008 financial crisis. Over the following six years, his fund outperformed the Dow Jones Credit Suisse index of Blue Chip commodity futures trading funds. In 2011 Alex Joined Lee Robinson’s Altana Wealth to manage the firm’s inflation hedging strategy. In 2019 Alex created Altana Wealth’s systematic portfolio allocation strategy designed to bridge the gap between technology and finance.
In more recent years, Alex also busied himself as an author. He published his first book “Mastering Uncertainty in Commodities Trading” in 2015. In 2021 this book was selected as #1 on Financial-Expert.co.uk’s list of “The 5 Best Commodities Books for Investors and Traders.” In 2017 he published “The Grand Deception” which is available exclusively from the RedPill Press. In 2021 he published “Alex Krainer’s Trend Following Bible.”
Alex Krainer -
X - https://x.com/NakedHedgie
I-System - https://isystem-tf.com/
Substack - https://alexkrainer.substack.com/
Trend Compass - https://isystem-tf.com/trendcompass/
WTFinance -
Instagram - https://www.instagram.com/wtfinancee/
Spotify - https://open.spotify.com/show/67rpmjG92PNBW0doLyPvfn
iTunes - https://podcasts.apple.com/us/podcast/wtfinance/id1554934665?uo=4
Twitter - https://twitter.com/AnthonyFatseas
Interview recorded - 11th of March, 2025
On this episode of the WTFinance podcast I had the pleasure of welcoming on Edward Dowd. Edward is the Founder of Phinance Technologies and author of Cause Unknown.
During our conversation we spoke on his current views on the markets, why the economy is struggling, Mainstreet vs Wallstreet, Biden immigration policy, shift from capital to labour, economic reset, which assets to perform and more. I hope you enjoy!
Economic Outlook -https://phinancetechnologies.com/Product_USEconomyOutlook2025.htm
0:00 - Introduction
1:34 - Current view of markets?
5:55 - Why was economy struggling?
8:56 - Biden immigration policy
11:14 - Mainstreet vs Wallstreet
13:42 - Government spending, regulation, spending
16:02 - Shift from capital to labour?
18:00 - Global Economy
22:00 - Force Powell to cut rates?
23:12 - Secular shift?
25:20 - System leverage
27:22 - Which assets to perform?
30:07 - One message to takeaway?
Edward Dowd is currently a founding partner with Phinance Technologies. He has worked on Wall Street the majority of his career, most notably at Blackrock as a portfolio manager where he managed a $14 billion Growth equity portfolio for ten years. Edward's book Cause Unknown: The Epidemic of Sudden death in 2021 & 2022 propelled him as an alternative voice during the pandemic and the economic implications that continue to plague us today. Phinance's unique alternative macroeconomic analysis of the global debt crisis and what may unfold has given many a deeper understanding of the global nature of our problems today.
Edward Dowd:
Website - https://phinancetechnologies.com/Home.asp
X - https://x.com/DowdEdward
WTFinance -
Instagram - https://www.instagram.com/wtfinancee/
Spotify - https://open.spotify.com/show/67rpmjG92PNBW0doLyPvfn
iTunes - https://podcasts.apple.com/us/podcast/wtfinance/id1554934665?uo=4
Twitter - https://twitter.com/AnthonyFatseas
Interview recorded - 27th of February, 2025
On this episode of the WTFinance podcast I had the pleasure of welcoming back @GregoryMannarino . Greg is known as the "The Robin Hood Of Wall Street".
During our conversation we spoke about
0:00 - Introduction
1:09 - Current overview?
2:50 - People are struggling
10:51 - Imbalance from savers to creditors
17:17 - The system delays change
19:47 - The never ending refinancing bubble
26:02 - Opportunities during crisis?
31:52 - One message to takeaway?
Also known as "The Robin Hood Of Wall Street," Gregory Mannarino is an active/full time trader of the capital markets with a world-wide following.
Born on July 22, 1965, he became interested in "Wall Street," like many others at the time, in 1987 after seeing the movie Wall Street with Michael Douglas. Around that time he was able to get an entry level position, then subsequently to the trading floor, at the now defunct bank Bear Stearns, but within a relatively short time realized that working on Wall Street was not like the movies and moved on. He went on to get a medical degree and practiced medicine as a Physician Assistant beginning in 1996, now retired from practice. He also served in the United States Naval Reserve Medical Service Corps, having attained the rank of Lieutenant. He has even published a book on casino Blackjack strategies years later, and was banned from playing the game in Las Vegas casinos.
Gregory Mannarino -
YouTube - @GregoryMannarino
Website - https://traderschoice.net/
WTFinance -
Instagram - https://www.instagram.com/wtfinancee/
Spotify - https://open.spotify.com/show/67rpmjG92PNBW0doLyPvfn
iTunes - https://podcasts.apple.com/us/podcast/wtfinance/id1554934665?uo=4
Twitter - https://twitter.com/AnthonyFatseas
Interview recorded - 20th of February, 2025
On this episode of the WTFinance podcast I had the pleasure of welcoming back Larry Lepard. Larry is the Managing Partner of Equity Management associates, has been a professional investment manager for over 40 years, is a vocal advocate for sound money and the author of the recently released book “The Big Print: What Happened To America And How Sound Money Will Fix It”.
0:00 - Introduction
1:12 - What happened in America?
2:30 - Financialization of the country
6:28 - How long can the system survive?
11:05 - The interest is the problem
14:25 - Losing control of the bond market?
18:04 - Gold?
23:47 - Why Bitcoin?
25:48 - Sovereigns buying Bitcoin?
27:20 - Constant growth of money supply for economy to grow?
30:03 - DOGE to reset system?
32:00 - Concentration of wealth?
34:15 - Positive outcome
36:25 - One message to takeaway?
Lawrence Lepard is a professional investment manager who has been a long time advocate for a return to sound money. He manages funds which focus on companies involved with gold and silver mining and Bitcoin. He is an active contributor to the "sound money" discussion on X, using the handle: @LawrenceLepard, and he recently published his first book: THE BIG PRINT: What Happened to America and How Sound Money Will Fix It.
The book is a discussion of how America's monetary system has gone astray and caused enormous pain for millions through inflation. The history of this process is laid out in the first part of the book: The Problem. The second half of the book is titled The Solution and explains what we must do to restore the American Dream. It offers investment insights that are relevant to all individuals and families and shows people how to protect themselves from inflation. The book is timely because as Mr. Lepard shows the problem is getting worse and is likely to result in a crisis very soon.
Lawrence Lepard:
Book - https://www.amazon.co.uk/Big-Print-Happened-America-Sound/dp/B0DVTCVX8J/
X - https://x.com/LawrenceLepard
WTFinance -
Instagram - https://www.instagram.com/wtfinancee/
Spotify - https://open.spotify.com/show/67rpmjG92PNBW0doLyPvfn
iTunes - https://podcasts.apple.com/us/podcast/wtfinance/id1554934665?uo=4
Twitter - https://twitter.com/AnthonyFatseas
Interview recorded - 21st of February, 2025
On this episode of the WTFinance podcast I had the pleasure of welcoming back Glenn Diesen. Glenn is a professor at the University of South-Eastern Norway & geopolitical commentator.
During our conversation we spoke further about the current geopolitical landscape, US & Russia to negotiate peace, disaster of Biden tenure, Russian threat for Europe, Ukrainian tragedy, China & US conflict, the end of US hegemon and more. I hope you enjoy!
0:00 - Introduction
2:18 - Geopolitical landscape
5:04 - US & Russia to negotiate peace?
9:59 - Graveyard of empires
13:22 - Biden tenure
14:42 - European security issue
18:07 - Russia threat for Europe?
22:12 - Ukraine tragedy
25:52 - Monroe doctrine?
28:17 - China & US conflict?
33:47 - Does China want to be a hegemon?
37:02 - One message to takeaway?
Professor Diesen is an academic, author, editor, and political commentator. His research focus is primarily on Russian foreign policy and the geoeconomics of Greater Eurasia and the emerging strategic partnership between Russia and China. Diesen’s latest books are The Ukraine War & the Eurasian World Order (2024); Russophobia: Propaganda in International Politics (2022), Europe as the Western Peninsula of Greater Eurasia: Geoeconomic Regions in a Multipolar World (2021); Russian Conservatism: Managing Change under Permanent Revolution (2021); Great Power Politics in the Fourth Industrial Rivalry: The Geoeconomics of Technological Sovereignty (2021); The Return of Eurasia (2021); Russia in a Changing World (2020); The Decay of Western Civilisation and Resurgence of Russia: Between Gemeinschaft and Gesellschaft (2018); Russia’s Geoeconomic Strategy for a Greater Eurasia (2017); and EU and NATO relations with Russia: After the collapse of the Soviet Union (2015).
Glenn Diesen:
X: https://twitter.com/Glenn_Diesen
Substack: https://glenndiesen.substack.com/
YouTube: @GDiesen1
WTFinance -
Instagram - https://www.instagram.com/wtfinancee/
Spotify - https://open.spotify.com/show/67rpmjG92PNBW0doLyPvfn
iTunes - https://podcasts.apple.com/us/podcast/wtfinance/id1554934665?uo=4
Twitter - https://twitter.com/AnthonyFatseas
Interview recorded - 11th of February, 2025
On this episode of the WTFinance podcast I had the pleasure of welcoming on Wasif Watif. Wasif is the President & CIO of Sarmaya Partners.
During our conversation we touched on his current outlook on the markets, decades long commodity super cycle, whether it is similar to dot com period, the importance of energy, his investing approach and more. I hope you enjoy!
0:00 - Introduction
1:43 - Current outlook for markets?
7:14 - Decade long trend?
10:01 - US phenomenon?
14:39 - Post dot com bubble?
19:04 - Catalyst for Commodity Super cycle
25:54 - The importance of energy
33:11 - Investment framework?
37:04 - Red flags when investing?
38:04 - One message to takeaway?
Wasif has over 25 years of investment experience, managing equity, global multi-asset and multi- manager portfolios in mutual funds and ETFs, wealth management and institutional portfolios. Built and launched ETFs, mutual funds and managed account platforms.
Wasif Latif -
Website - https://sarmayapartners.com/
ETF - https://sarmayaetf.com/
X - https://x.com/sarmayakar24?s=21&t=vCJTBKSb-nIJ8eFKe0YAxg
WTFinance -
Instagram - https://www.instagram.com/wtfinancee/
Spotify - https://open.spotify.com/show/67rpmjG92PNBW0doLyPvfn
iTunes - https://podcasts.apple.com/us/podcast/wtfinance/id1554934665?uo=4
Twitter - https://twitter.com/AnthonyFatseas
Interview recorded - 11th of February, 2025
On this episode of the WTFinance podcast I had the pleasure of welcoming back Alasdair Macleod. Alasdair is an educator for sound money, economics, geopolitics and everything to do with gold and silver.
During our conversation we spoke about gold going under the radar, geopolitics, EU Bust, Debt bubble, flow of gold to the East and what this means for markets. I hope you enjoy!
0:00 - Introduction
1:07 - What is Alasdair seeing?
3:00 - Gold under the radar
3:44 - Geopolitics
10:47 - US moving away from Europe?
12:51 - China to dominate global manufacturing?
15:34 - EU bust
16:53 - Debt bubble?
19:10 - Pound depreciation
20:41 - No avoiding a credit crash
23:08 - Monetisation of all debt?
26:30 - Flow of gold to the East
30:00 - Gold backed currency
33:20 - Multi-polar world
35:08 - One message to takeaway?
Alasdair Macleod is Head of Research for GoldMoney. He is an educator and advocates for sound money through demystifying finance and economics. His background includes being a stockbroker, banker, and economist.
Alasdair Macleod started his career as a stockbroker in 1970 on the London Stock Exchange. Within nine years, he had risen to become senior partner of his firm.
Subsequently, he held positions at the director level in investment management and worked as a mutual fund manager. Mr. Macleod also worked at a bank in Guernsey as an executive director.
For most of his 40 years in the finance industry, he has been demystifying macroeconomic events for his investing clients. The accumulation of this experience has convinced him that unsound monetary policies are the most destructive weapon governments use against the common man. Accordingly, his mission is to educate and inform the public in layman's terms what governments do with money and how to protect themselves from the consequences.
Alasdair Macleod -
Substack - https://alasdairmacleod.substack.com/
Twitter - https://twitter.com/MacleodFinance
LinkedIn - https://www.linkedin.com/in/alasdair-macleod-9494b27/
WTFinance -
Instagram - https://www.instagram.com/wtfinancee/
Spotify - https://open.spotify.com/show/67rpmjG92PNBW0doLyPvfn
iTunes - https://podcasts.apple.com/us/podcast/wtfinance/id1554934665?uo=4
Twitter - https://twitter.com/AnthonyFatseas
Interview recorded - 10th of February, 2025
On this episode of the WTFinance podcast I had the pleasure of welcoming on Jan Oberg. Jan is a sociologist, peace researcher, the director of Transnational Foundation for Peace & Future Research.
During our conversation we spoke about the current geopolitical sphere, the issue with NATO, why West has forgotten about peace, trajectory of the world, end of the US Hegemony and more. I hope you enjoy!
0:00 - Introduction
2:26 - Geopolitics
4:40 - End of cold war
7:50 - Biden geopolitical disaster
9:35 - West forgotten peace
15:30 - Nato defensive?
19:44 - China to invade Taiwan?
22:22 - Expanding NATO
27:50 - Trajectory of world?
30:32 - Global Institutions US government funded
31:40 - End of US Hegemony
35:40 - Multi-polar world
38:30 - One message to takeaway?
Dr Jan Oberg is an internationally experienced and genuinely independent peace and future researcher and an art photographer – a columnist, commentator and mediator doing diagnosis, prognosis and proposing solutions.
Dr Jan Oberg -
Transnational: https://transnational.live/
Website: https://janoberg.me/
X: https://x.com/janoberg?s=21&t=vCJTBKSb-nIJ8eFKe0YAxg
WTFinance -
Instagram - https://www.instagram.com/wtfinancee/
Spotify - https://open.spotify.com/show/67rpmjG92PNBW0doLyPvfn
iTunes - https://podcasts.apple.com/us/podcast/wtfinance/id1554934665?uo=4
Twitter - https://twitter.com/AnthonyFatseas
Interview recorded - 2nd of February, 2025
On this episode of the WTFinance podcast I had the pleasure of welcoming back Warwick Powell. Warwick as an Adjunct Professor at the Queensland University of Technology working at the intersection of China, digital technologies, supply chains, financial flows and global political economy & governance.
During our conversation we spoke about tariffs, potential retaliations, the hollowing out of Western manufacturing, the new world order, worlds need for dollars, Chinese self sufficiency, deep seek and more. I hope you enjoy!
0:00 - Introduction
1:53- Tariffs
5:53 - Chinese retaliation?
9:38 - Does US have a reason to implement tariffs?
14:33 - Hollowing of Western manufacturing
17:21 - Link to financialisation and globalisation?
19:53 - World need dollars
22:23 - US consumption
25:53 - China being self sufficient
28:28 - China greater risk of external factors?
32:43 - Limitation of growing manufacturing
36:07 - Deep seek
41:13 - Opensource in China?
43:58- Soft power
45:21 - Global economic change
47:58 - One message to takeaway?
Warwick began his career in academia, teaching Chinese history and European cultural history at Griffith University. He graduated with First Class Honours and is the recipient of the prestigious University Medal for Academic Excellence. Warwick was also awarded a Department of Foreign Affairs and Trade scholarship to undertake postgraduate studies at People’s University, Beijing. He deferred his studies to begin work for Kevin Rudd in the Queensland Government.
He is the chairman and founder of Sister City Partners Limited, a not-for-profit investment bank focusing on developing links between regional Australia and the markets of Asia. Through this work, Warwick has experience in diverse industries including cattle and sheep production and processing, information and communication technology, infrastructure, energy, natural resources, travel and tourism and property development.
He is a director of a number of funds management companies responsible for funds established under an ASIC-approved Australian Financial Services License. He is a member of the Central Highlands Accelerate Agribusiness Advisory Board and was the founding Treasurer of Innovation NQ Inc., a not-for-profit innovation incubator in North Queensland.
He continues to teach professional courses in areas such as innovation, creativity, regional economic development and blockchain technology with James Cook University, QUT and Edith Cowan University.
Warwick Powell:
LinkedIn - https://au.linkedin.com/in/warwickpowell
Substack - https://substack.com/@warwickpowell
Twitter - https://x.com/baoshaoshan
WTFinance -
Instagram - https://www.instagram.com/wtfinancee/
Spotify - https://open.spotify.com/show/67rpmjG92PNBW0doLyPvfn
iTunes - https://podcasts.apple.com/us/podcast/wtfinance/id1554934665?uo=4
Twitter - https://twitter.com/AnthonyFatseas
Interview recorded - 24th of January, 2025
On this episode of the WTFinance podcast I had the pleasure of welcoming back Simon Hunt.
During our conversation we spoke about his thoughts on the markets, the geopolitical challenges, BRICS alliance, US allies becoming weaker, proxy wars, gold and more. I hope you enjoy!
0:00 - Introduction
1:30 - Thoughts on markets?
2:51 - Geopolitical challenges?
17:05 - Split the BRICS alliance?
20:58 - US allies becoming weaker?
23:45 - Proxy wars
25:49 - Geopolitical risks of markets?
27:00 - What impact on other assets?
28:30 - Gold
30:40 - One message to takeaway?
Simon Hunt began his career in 1956 in Central Africa as a PA to the Chairman of Rhodesian Selection Trust, one of the two large copper companies in what was then Northern Rhodesia, now Zambia.
In 1961 he came back to London and joined Anglo American Corporation of South Africa as a PA to one of the Board Directors, followed by being part of a small sales and marketing team for copper. From there, he helped start up a new copper development organisation, CIDEC, financed by copper producers, which he then joined, focusing on conducting end-use studies of copper in Europe.
He then went into the City to gain financial experience and founded Brook Hunt in 1975. He was instrumental in setting up the company’s cost studies and end-use analyses. He appeared as material witness and consultant in two ITC anti-dumping cases in 1978 and 1984, winning both at the commission level.
He has spent 2-4 months every year in China since 1993 and until a few years ago would be visiting some 80 wire and cable and brass mill factories across the country every year. He now restricts these factory visits to a smaller number, all of which he has known for many years. He also spends many weeks each year traveling around Asia.
The focus of the company’s services is on the global economy, including the changing geopolitical and financial structures, China’s economy and its copper sector, and then the global copper industry as each part is interconnected.
Simon is the author of the “Frontline China Report Service,” which is marketed by the TIS Group. The Service provides regular reports on China’s economy, politics, and financial outlook.
Simon established this company in January 1996.
Simon Hunt -
Website - https://www.simon-hunt.com/
Email - simon@shss.com
WTFinance -
Spotify - https://open.spotify.com/show/67rpmjG92PNBW0doLyPvfn
iTunes -https://podcasts.apple.com/us/podcast/wtfinance/id1554934665?uo=4
LinkedIn - https://www.linkedin.com/in/anthony-fatseas-761066103/
Twitter - https://twitter.com/AnthonyFatseas
Interview recorded - 23rd of January, 2025
On this episode of the WTFinance podcast I had the pleasure of welcoming back Bill Fleckenstein. Bill is a professional money manager with over 30 years of experience. He writes a writes a daily column and is the author of “Greenspan’s bubbles: the age of ignorance at the federal reserve”.
During our conversation we spoke about his thoughts on the markets, the bond market leaking, how Scott Bessent can balance it, whether bond market is losing faith in the government, passive investing, what this means for the 60/40 portfolio and more. I hope you enjoy!
0:00 - Introduction
1:40 - Overview of markets
6:17 - How does Scott Bessent balance issues?
8:42 - Means tested social security?
11:57 - Losing faith in the government?
13:57 - What happens to yields?
15:22 - FED made a mistake
16:47 - Dollar rally over?
18:22 - What does Trump want?
19:48 - Bill’s views on markets
21:44 - Passive investing influence on markets
24:12 - Increasing unemployment negative to markets
26:07 - Why have miners not performed?
28:27 - Speculative asset?
32:59 - Shift away from 60/40 portfolio?
35:47 - One message to takeaway from conversation?
Bill Fleckenstein is president of Fleckenstein Capital, a money management firm based in Seattle. He writes a daily Market Rap column for his website, Fleckensteincapital.com, as well as the popular column Contrarian Chronicles for MSN Money.
Bill Fleckenstein began writing a daily column on the Internet in 1996. Initially, the Market Rap was a daily recap of market events, with an added "Yes, but..." emphasis. "I quickly learned that the contrarian viewpoint was often misrepresented and under-reported. Since then, my daily column has always called it like I see it. I've tried to write the column in a way that even the novice investor can understand. I believe it's better to teach someone how to fish, rather than just give them an occasional fish."
Bill Fleckenstein -
Website: https://www.fleckensteincapital.com/
Twitter: https://x.com/fleckcap?lang=en
WTFinance -
Instagram - https://www.instagram.com/wtfinancee/
Spotify - https://open.spotify.com/show/67rpmjG92PNBW0doLyPvfn
iTunes - https://podcasts.apple.com/us/podcast/wtfinance/id1554934665?uo=4
Twitter - https://twitter.com/AnthonyFatseas
Interview recorded - 23rd of January, 2025
On this episode of the WTFinance podcast I had the pleasure of welcoming back Louis-Vincent Gave. Louis is the Founding Partner & Chief Executive Officer of Gavekal.
During our conversation we spoke about his thoughts on the markets, the everything bubble in the US, what tariffs mean for the US Dollar, the Chinese economic revolution, QE in the market, manufacturing boom and more. I hope you enjoy!
0:00 - Introduction
0:59 - Louis’ overview of markets
4:00 - Everything bubble in the US?
7:44 - Are tariffs bullish US Dollar?
10:20 - Expectation of US/China relationship?
13:39 - Geopolitical ideology with Biden
15:11 - What is happening in China?
22:26 - China QE
26:08 - Shifting to consumption economy?
30:31 - Data points to watch?
32:56 - Reliant on foreign investors?
36:46 - Issues in Europe
38:31 - Chinese currency?
44:55 - One message to takeaway?
After receiving his bachelor's degree from Duke University and studying Mandarin at Nanjing University, Louis joined the French Army where he served as a second lieutenant in a mountain infantry battalion. After a couple of years, Louis left the army and joined Paribas where he worked as a financial analyst—first in Paris, then in Hong Kong.
Louis left Paribas in 1998 to launch Gavekal with his father Charles and Anatole Kaletsky. The idea at the time was that Asia was set to become an ever more important factor in global growth, and that consequently Gavekal needed to offer its clients more information, and more ideas, relating to Asia.
Louis has written seven books, the latest being Avoiding the Punch: Investing in Uncertain Times which reviews how to build a portfolio at a time of rising geostrategic strife, and when very low interest rates and stretched valuations on most assets announce constrained returns on most assets over the next decade.
Louis speaks English and French. He spent many hours studying Mandarin and Spanish, which he once spoke decently. He is married with two sons and two daughters.
Louis-Vincent Gave:
Website - https://research.gavekal.com/
Twitter - https://x.com/gave_vincent
WTFinance -
Instagram - https://www.instagram.com/wtfinancee/
Spotify - https://open.spotify.com/show/67rpmjG92PNBW0doLyPvfn
iTunes - https://podcasts.apple.com/us/podcast/wtfinance/id1554934665?uo=4
Twitter - https://twitter.com/AnthonyFatseas
Interview recorded - 17th of January, 2025
On this episode of the WTFinance podcast I had the pleasure of welcoming back Henrik Zeberg. Henrik is a Macro Economist, Founder and Publisher of the Zeberg Report.
During this conversation we spoke about the surprised resilience of the economy, why Henrik sees a recession on the horizon, whether it could become a China-like deflation, market narratives, Crypto to diverge from NASDAQ and more. I hope you enjoy!
0:00 - Introduction
1:54 - Surprised by economic resilience?
3:38 - Trump economic boom
8:56 - FED making mistake?
13:18 - West moving towards China-like deflation?
16:41 - China pulling down Europe?
18:32 - Market view?
21:41 - Don’t believe this time is different?
24:18 - Market narrative
26:16 - Crypto to diverge from the NASDAQ?
27:13 - When would Crypto peak?
29:47 - One message to takeaway?
Henrik Zeberg is a Macroeconomist (M.Sc. Econ) from the University of Copenhagen. He is a Business Cycles student, Elliott Wave practitioner, and Chartist. You can find out more about his newsletter on his Website.
Henrik Zeberg -
Newsletter - https://www.thezebergreport.com/
Twitter - https://twitter.com/HenrikZeberg
WTFinance -
Instagram - https://www.instagram.com/wtfinancee/
Spotify - https://open.spotify.com/show/67rpmjG92PNBW0doLyPvfn
iTunes - https://podcasts.apple.com/us/podcast/wtfinance/id1554934665?uo=4
Twitter - https://twitter.com/AnthonyFatseas
Interview recorded - 16th of January, 2025
On this episode of the WTFinance podcast I had the pleasure of welcoming back Jim Bianco. Jim is the is President and Macro Strategist at Bianco Research, L.L.C.
During our conversation we spoke about the increasing volatility in the markets, what this means for the FED, why their first cut was a mistake, the dollar wrecking ball, Chinese desperation, Scott Bessent and more. I hope you enjoy!
0:00 - Introduction
1:29 - Increased volatility
3:26 - FED cut mistake
5:56 - Issue with duel mandate
8:26 - FED to pause?
10:43 - Dollar wrecking ball
12:40 - China is desperate
16:41 - Japanification of China?
18:51 - Risk of increasing rates?
21:41 - Combination of monetary & fiscal policy
23:36 - Incumbents getting voted out
25:36 - Yields coming back down?
29:16 - Yellen dampened long-term yields?
32:26 - Scott Bessent make changes?
35:46 - Monroe doctrine
37:26 - What does this mean for markets?
43:46 - The market is overvalued
46:16 - US sucking global liquidity
52:15 - One message to takeaway?
Jim Bianco is President and Index Manager at Bianco Research Advisors. He is also the President of Bianco Research LLC. Since 1990, Jim’s commentaries have offered a unique perspective on the global economy and financial markets. Unencumbered by the biases of traditional Wall Street research, Jim has built a decades long reputation for objective, incisive commentary that challenges consensus thinking.
Jim appears regularly on CNBC, Bloomberg, and Fox Business, and is often featured in the Wall Street Journal, Bloomberg News, Grants Interest Rate Observer, and MarketWatch. Jim has a Bachelor of Science degree in Finance from Marquette University (1984) and an MBA from Fordham University (1989).
Jim Bianco:
Research: https://www.biancoresearch.com/visitor-home/
ETF: https://www.biancoadvisors.com/
X: https://twitter.com/intent/follow?screen_name=biancoresearch&tw_p=followbutton
LinkedIn: https://www.linkedin.com/in/james-bianco-117619152/
WTFinance -
Instagram - https://www.instagram.com/wtfinancee/
Spotify - https://open.spotify.com/show/67rpmjG92PNBW0doLyPvfn
TikTok - https://vm.tiktok.com/ZMeUjj9xV/
iTunes - https://podcasts.apple.com/us/podcast/wtfinance/id1554934665?uo=4
Linkedin - https://www.linkedin.com/in/anthony-fatseas-761066103/
Twitter - https://twitter.com/AnthonyFatseas
Interview recorded - 13th of January, 2025
On this episode of the WTFinance podcast I had the pleasure of welcoming back Michael Howell. Michael is the Founder & Managing Director of CrossBorder Capital.
During our conversation we spoke about liquidity, how the FED and treasury have been artificially providing liquidity before the election, what the dollar wrecking ball means, impact on markets and more. I hope you enjoy!
0:00 - Introduction
1:30 - Outlook for global liquidity?
8:53 - What drove QE/YC?
17:35 - Bond market normalising
20:35 - What is happening in China?
25:15 - US Dollar wrecking ball
36:28 - QE distortions
38:30 - Action Scott Bessent to take?
40:45 - UK QT impact on liquidity?
42:15 - What impact on markets?
44:25 - Exiting markets?
46:10 - Everything bubble
47:35 - One message to takeaway?
Michael Howell is CEO of CrossBorder Capital, a London-based FCA registered, independent research and investment company that he founded in 1996. Previously he was Head of Research for Baring Securities and Research Director of Salomon Brothers Inc, the US investment bank. The liquidity methodology he pioneered monitors cross-border flows and Central Bank behaviour across some 80 countries world-wide. Liquidity flows are a central part of CrossBorder Capital's asset allocation advice, which is currently provided to major global investors, including institutional asset managers, government agencies, Central Banks and endowment funds. Michael has been in financial markets since 1981 and is a regular conference speaker and media commentator. He graduated from Bristol and London Universities with a finance doctorate, specialising in Fixed Income.
Michael Howell -
Website - https://crossbordercapital.com/
Twitter - https://twitter.com/crossbordercap
LinkedIn - https://www.linkedin.com/in/michael-howell-357b1416/?originalSubdomain=uk
WTFinance -
Instagram - https://www.instagram.com/wtfinancee/
Spotify - https://open.spotify.com/show/67rpmjG92PNBW0doLyPvfn
iTunes - https://podcasts.apple.com/us/podcast/wtfinance/id1554934665?uo=4
Twitter - https://twitter.com/AnthonyFatseas
Interview recorded - 10th of January, 2024
On this episode of the WTFinance podcast I had the pleasure of welcoming back Steve Hanke. Steve is the Professor of Applied Economics and Founder and Co-Director of the Institute for Applied Economics, Global Health, and the Study of Business Enterprise at The Johns Hopkins University. He is also the author of the recently released book “Capital, Interest and Waiting: Controversies, Puzzles and New Additions to Capital Theory”.
During our conversation we spoke about what happened in 2024, quantitative tightening, the treasury, drivers of money supply, trump inflation, the dollar wrecking ball, recession risk and more. I hope you enjoy!
0:00 - Introduction
2:20 - Review of 2024?
8:18 - Quantitative tightening
10:47 - Treasury bond issuance
13:37 - Issue with FED & Wall Street
17:52 - Drivers of money supply
21:32 - Bond market issue
28:18 - Trump inflationary?
31:27 - Dollar wrecking ball
36:32 - Grow money supply with high debt?
42:12 - One message to takeaway?
Steve H. Hanke is a Senior Fellow, Contributing Editor of The Independent Review, and a Member of the Board of Advisors at the Independent Institute. He is a Professor of Applied Economics and Founder and Co-Director of the Institute for Applied Economics, Global Health, and the Study of Business Enterprise at The Johns Hopkins University in Baltimore. He is also a Senior Adviser at the Renmin University of China’s International Monetary Research Institute in Beijing, and a Special Counselor to the Center for Financial Stability in New York. Hanke is also a Contributing Editor at Central Banking in London and a Contributor at National Review. In addition, Hanke is a member of the Charter Council of the Society for Economic Measurement and a Distinguished Associate of the International Atlantic Economic Society. He is ranked as the world’s third-most influential economics influencer by FocusEconomics in Barcelona, Spain.
Steve Hanke:
Book - https://link.springer.com/book/10.1007/978-3-031-63398-0
X - https://x.com/steve_hanke
Bio - https://www.independent.org/aboutus/person_detail.asp?id=516
WTFinance -
Instagram - https://www.instagram.com/wtfinancee/
Spotify - https://open.spotify.com/show/67rpmjG92PNBW0doLyPvfn
iTunes - https://podcasts.apple.com/us/podcast/wtfinance/id1554934665?uo=4
Twitter - https://twitter.com/AnthonyFatseas
Interview recorded - 6th of January, 2025
On this episode of the WTFinance podcast I had the pleasure of welcoming back Doomberg.
During our conversation we spoke about the rebellion of the elite and how increasing electricity prices have impacted this in Europe, energy bottlenecks, geopolitical risk, the new American empire, potential for geopolitical vacuum, Trump accelerating growth, European Winter 24/25 and more. I hope you enjoy!
0:00 - Introduction
2:34 - What stood out in 2024?
5:04 - Numb to geopolitical risks1
8:39 - Energy bottleneck for data centres?
10:19 - Pressure on US energy prices?
12:49 - Gas pressure
14:52 - Difficult to predict energy markets
16:46 - What impact will Trump have on the world?
20:12 - Geopolitical vacuum?
21:51 - War for Africa
23:31 - Do demographics matter with AI?
27:49 - Trump accelerating growth?
35:04 - Bureaucratic elite
39:24 - Europe energy cost destroying economy
41:29 - Winter 2024/25 in Europe?
46:24 - One message to takeaway from conversation?
Doomberg is an independent, widely distributed publication that delivers concise, entertaining, provocative articles centered on energy, finance, and geopolitics. They are a small team of entrepreneurs that started this business after long careers in the industrial sector. With trillions of taxpayer dollars and myriad government mandates thrown at the energy transition, there was a practical voice missing in the traditional media. They started writing in that voice, with the freedom of having no master to serve beyond the foundation of our own principles, experience, and work ethic.
This publication is their passion, and the content is supported by our team’s deep experience in heavy industry, private equity, and the hard sciences. They are entirely reader-supported and have grown to be the most widely read finance newsletter on the Substack platform.
Doomberg -
Substack - https://doomberg.substack.com/
Twitter - https://twitter.com/DoombergT
Email - doomberg@doomberg.com
WTFinance
Instagram - https://www.instagram.com/wtfinancee/
Spotify - https://open.spotify.com/show/67rpmjG92PNBW0doLyPvfn
iTunes - https://podcasts.apple.com/us/podcast/wtfinance/id1554934665?uo=4
Twitter - https://twitter.com/AnthonyFatseas
Interview recorded - 3rd of January, 2025
On this episode of the WTFinance podcast I had the pleasure of welcoming back Dave Collum. Dave is a Professor of Organic Chemistry and leading thinker on markets and the larger world around us.
During our conversation we spoke about Dave's review of 2024, the destruction of the democratic party, emergence of extremism, bureaucratic crisis, controlling complex systems, dollar wrecking ball, confiscating assets, Trump 2.0 and more. I hope you enjoy!
0:00 - Introduction
2:27 - Review of 2024
3:50 - Democrats took election for granted?
9:00 - Biden in 2016?
18:00 - Bureaucratic crisis
26:08 - Emergence of extremism
29:02 - Political accountability
29:59 - Powell recent decision making?
35:15 - Controlling complex systems
31:22 - Managers can be poor allocators of capital
40:42 - Distributions
41:56 - Big Pharma model
47:36 - Healthcare failing
49:57 - Dollar wrecking ball
53:42 - Confiscating assets
58:47 - Optimism about Trump 2.0
1:03:13 - Trump to avoid a market reckoning?
1:04:12 - One message to takeaway from our conversation?
David Collum received a BS in biology from Cornell in 1977 and an MA, MS, and PhD in chemistry from Columbia University in 1980. Dave currently is the Betty R. Miller Professor of Chemistry at Cornell University. While at Cornell Dave has served as Director of Undergraduate Studies, Director of Graduate Studies, associate chairman, and chairman while running a research program in organic chemistry for forty years, which include collaborations with a host of large-cap pharmaceutical companies exemplified by Merck and Pfizer. In recent years he has become interested in the interface where politics and markets meet. He compiles an annual Year in Review, does several dozen podcasts per year, and occasionally stirs up trouble on more mainstream media sources.
Dave Collum -
Twitter - https://twitter.com/davidbcollum?s=21&t=xvXQIRnoZm5mxXw68trHEQ
Year in Review - https://peakprosperity.com/2024-year-in-review-what-is-a-fact/
WTFinance -
Instagram - https://www.instagram.com/wtfinancee/
Spotify - https://open.spotify.com/show/67rpmjG92PNBW0doLyPvfn
iTunes - https://podcasts.apple.com/us/podcast/wtfinance/id1554934665?uo=4
Twitter - https://twitter.com/AnthonyFatseas
Interview recorded - 17th of December, 2024
On this episode of the WTFinance podcast I had the pleasure of welcoming back Professor Richard Wolff. Richard is a well-known critic of an alternative contemporary economic system, host of the Economic Update and Founding Director of Democracy at work.
During our conversation we spoke about the economics of 2024, what to expect in 2024, the potential for another roaring twenties, the collapse of the US empire, actions to prevent such an event and more. I hope you enjoy!
0:00 - Introduction
1:30 - Economics of 2024
12:40 - Inwards looking US and Roaring twenties?
23:05 - Large migration and wage increase?
28:20 - Actions to change trajectory?
35:15 - One message to takeaway from conversation?
Richard D. Wolff is Professor of Economics Emeritus, University of Massachusetts, Amherst where he taught economics from 1973 to 2008. He is currently a Visiting Professor in the Graduate Program in International Affairs of the New School University, New York City.
Earlier he taught economics at Yale University (1967-1969) and at the City College of the City University of New York (1969-1973). In 1994, he was a Visiting Professor of Economics at the University of Paris (France), I (Sorbonne). Wolff was also regular lecturer at the Brecht Forum in New York City.
Prof Wolff is the co-founder of Democracy at Work and host of their nationally syndicated show Economic Update.
Professor Richard Wolff:
Democracy at work: https://www.democracyatwork.info/
Website: https://www.rdwolff.com/
X: https://x.com/profwolff
YouTube: @RichardDWolff
WTFinance -
Instagram - https://www.instagram.com/wtfinancee/
Spotify - https://open.spotify.com/show/67rpmjG92PNBW0doLyPvfn
iTunes - https://podcasts.apple.com/us/podcast/wtfinance/id1554934665?uo=4
Twitter - https://twitter.com/AnthonyFatseas
Interview recorded - 13/12/2024
On this episode of the WTFinance podcast I had the pleasure of welcoming on Chief Strategist of Citrini Research. They cover Thematic Equity with a top down approach.
During our conversation we spoke about the thematic equity approach on investing, review of 2024, thoughts on 2025, risk of Nvidia slowdown, return of Arkk, anti-trends, selling too early and more. I hope you enjoy!
0:00 - Introduction
1:37 - Citrini investment strategy
5:13 - What drives markets?
8:15 - Review of 2024
13:55 - Collection of trends
17:05 - 25 trades for 2025
24:47 - Nvidia slowdown?
30:20 - 2025 Risks?
34:20 - Small cap vs hyperscaler?
36:30 - Looking past Trump speak
39:20 - Return of Arkk
44:55 - Anti-trends
53:37 - Selling too early
59:27 - One message to takeaway?
Over the past century, 40% of shareholder returns have come from 1% of all companies.
Identifying these companies is oftentimes a function of investor’s early discovery of market themes & narratives. Those “megatrends” affecting not just individual companies or sectors but the entire economy.
This is the kind of approach to investing utilized at Citrini Research. They attempt to highlight and demystify themes that will define the market’s distribution of returns for years to come.
By incorporating macroeconomics, second-order thinking, top-down sector analysis and a lateral approach to individual equities and markets in general, they aim to discover early & expand upon these themes for their clients.
It is their most firmly held conviction that narratives drive markets more than any other factor. While their strategy has been defined in many ways by many people, they are solely concerned with one thing: doing what works.
Citrini -
Website - https://www.citriniresearch.com/
X - https://x.com/Citrini7
WTFinance -
Instagram - https://www.instagram.com/wtfinancee/
Spotify - https://open.spotify.com/show/67rpmjG92PNBW0doLyPvfn
iTunes - https://podcasts.apple.com/us/podcast/wtfinance/id1554934665?uo=4
Twitter - https://twitter.com/AnthonyFatseas
Interview recorded - 12th of December, 2024
On this episode of the WTFinance podcast I had the pleasure of welcoming back David Rosenberg. David is the Founder & President of Rosenberg Research & associates.
During our conversation we spoke about 2024, what David was surprised about in the year, the lament of a bear, what to expect in 2025, tight credit spread, secular shift in bond, where David is bullish and more. I hope you enjoy!
0:00 - Introduction
1:21 - David’s year review
2:48 - Lament of a bear
8:35 - Earnings remain strong
14:55 - Credit spreads tight
24:33 - Secular shift in bonds?
30:30 - Continued rate cuts?
35:49 - Where is David bullish?
41:27 - One message to takeaway
David Rosenberg is the Founder and President of Rosenberg Research & Associates Inc., an economic consulting firm he established in January 2020. He and his team have as their top priority providing investors with analysis and insights to help them make well-informed investment decisions.
Prior to Rosenberg Research, David was Chief Economist & Strategist at Gluskin Sheff + Associates Inc. from 2009 to 2019. From 2002 to 2009, he was Chief North American Economist at Merrill Lynch in New York, during which he was consistently ranked in the Institutional Investor All-Star analyst rankings. Prior thereto, he was Chief Economist and Strategist for Merrill Lynch Canada, based out of Toronto, where he and his team placed first in the Brendan Wood survey of Canadian economists for ten years in a row.
Mr. Rosenberg is a frequent contributor to most major financial newspapers and publications in North America and makes regular TV appearances in the financial media. He received both a Bachelor of Arts and Masters of Arts degree in Economics from the University of Toronto.
David Rosenberg -
Website - https://www.rosenbergresearch.com/
Twitter - https://twitter.com/EconguyRosie
Article - https://www.linkedin.com/pulse/lament-bear-david-rosenberg-tpxzc
LinkedIn - https://www.linkedin.com/in/david-rosenberg-40800219b/
WTFinance -
Instagram - https://www.instagram.com/wtfinancee/
Spotify - https://open.spotify.com/show/67rpmjG92PNBW0doLyPvfn
iTunes - https://podcasts.apple.com/us/podcast/wtfinance/id1554934665?uo=4
Twitter - https://twitter.com/AnthonyFatseas
Interview recorded - 4th of December, 2024
On this episode of the WTFinance podcast I had the pleasure of welcoming back Michael Pento. Michael is the President & Founder of Pento Portfolio Strategies.
During this conversation we spoke about the current market outlook, why the market is dangerous, cutting government costs, is inflation an issue, asset bubbles, whether the middle class can be saved and more. I hope you enjoy!
0:00 - Introduction
0:59 - Market outlook
2:38 - Why is the market dangerous?
8:06 - How does the US get out of this?
9:43 - Cutting government costs?
11:36 - Inflation an issue?
20:28 - 3 Asset Bubbles
22:58 - Which sectors benefitting?
25:08 - Next stage
24:53 - Can the middle class be saved?
27:53 - One message to takeaway from conversation?
Michael Pento serves as the President and Founder of Pento Portfolio Strategies (PPS). PPS is a Registered Investment Advisory Firm (RIA) that operates like an actively managed fund without all the expenses. The Model Portfolio uses a proprietary macroeconomic model to determine when and how to invest across an inflation/deflation and economic cycle spectrum. The 20-component model is used to determine the two most important factors when it comes to successful investing: the second derivatives of growth and inflation.
Michael Pento -
Website - https://pentoport.com/
Twitter - https://twitter.com/michaelpento?lang=en
LinkedIn - https://www.linkedin.com/in/michael-pento-a1882917b/
WTFinance
Instagram - https://www.instagram.com/wtfinancee/
Spotify - https://open.spotify.com/show/67rpmjG92PNBW0doLyPvfn
iTunes - https://podcasts.apple.com/us/podcast/wtfinance/id1554934665?uo=4
Twitter - https://twitter.com/AnthonyFatseas
Interview recorded - 4th of December, 2024
On this episode of the WTFinance podcast I had the pleasure of welcoming back Marc Faber. Marc is a well known contrarian investor & the Editor and Publisher of the “Gloom, Boom & Doom Report”.
During our conversation we spoke about his thoughts on the markets, large governments, inflation, economics, US bubble, BRICS currency and more. I hope you enjoy!
0:00 - Introduction
1:58 - Current view on markets
4:28 - No changes to trajectory?
7:23 - Governments getting larger
11:43 - Shift to smaller governments?
16:00 - Inflation
24:19 - Why is the average worker worse off?
28:32 - Assets undervalued
30:33 - US bubble
32:59 - BRICS currency
34:19 - One message to takeaway from conversation?
Dr Marc Faber was born in Zurich, Switzerland. He went to school in Geneva and Zurich and finished high school with the Matura. He studied Economics at the University of Zurich and, at the age of 24, obtained a PhD in Economics magna cum laude.
Between 1970 and 1978, Dr Faber worked for White Weld & Company Limited in New York, Zurich and Hong Kong. Since 1973, he has lived in Hong Kong. From 1978 to February 1990, he was the Managing Director of Drexel Burnham Lambert (HK) Ltd.
In June 1990, he set up his own business, publishing a widely read monthly investment newsletter “THE GLOOM BOOM & DOOM” report which highlights unusual investment opportunities.
He is also the author of several books including “TOMORROW’S GOLD – Asia’s Age of Discovery” which was first published in 2002 and highlights future investment opportunities around the world. “TOMORROW’S GOLD” was for several weeks on Amazon’s best seller list and has been translated into Japanese, Korean, Thai and German.
Dr. Faber is also a regular contributor to several leading financial publications around the world.
A book on Dr Faber, “RIDING THE MILLENNIAL STORM”, by Nury Vittachi, was published in 1998.
A regular speaker at various investment seminars, Dr Faber is well known for his “contrarian” investment approach.
Marc Faber -
Website - https://www.gloomboomdoom.com/
Twitter - https://twitter.com/gloomboomdoom?lang=en
LinkedIn - https://www.linkedin.com/in/marc-faber-gloomboomdoom/?originalSubdomain=hk
WTFinance -
Instagram - https://www.instagram.com/wtfinancee/
Spotify - https://open.spotify.com/show/67rpmjG92PNBW0doLyPvfn
iTunes - https://podcasts.apple.com/us/podcast/wtfinance/id1554934665?uo=4
Twitter - https://twitter.com/AnthonyFatseas
Interview recorded - 4th of December, 2024
On this episode of the WTFinance podcast I had the pleasure of welcoming back David Hunter. David is a a contrarian macro strategist with 49 years of experience on Wall Street.
During our conversation we spoke about David's call of the S&P500 reaching 6000 during the lows, how his next projection is for it to hit 7500, Trump trades, dollar bullishness, precious metals, the everything bubble and more. I hope you enjoy!
0:00 - Introduction 0:58 - David’s perspective on market 3:18 - Why S&P to 7,500? 6:18 - $7trn yet to invest 7:25 - Trump trade 13:40 - US Tariffs 19:18 - Dollar bullishness 20:45 - Precious metals 22:50 - Everything bubble 27:40 - Unloved industries? 34:20 - One message to takeaway from our conversation?
David is an investment professional with 25 years of investment management experience and 20 years as a sell-side strategist with strong expertise in macroeconomic analysis and portfolio management. His strong macro capabilities combined with a contrarian philosophy have allowed me to forecast economic cycles and spot market trends well ahead of the consensus. David is an intellectually honest, independent thinker comfortable with charting a course away from the crowd. Accomplished stock picker and value-oriented portfolio manager.
David Hunter -
Twitter - https://twitter.com/DaveHcontrarian
LinkedIn - https://www.linkedin.com/in/david-hunter-668ba015/
WTFinance -
Spotify - https://open.spotify.com/show/67rpmjG92PNBW0doLyPvfn
iTunes -https://podcasts.apple.com/us/podcast/wtfinance/id1554934665?uo=4
LinkedIn - https://www.linkedin.com/in/anthony-fatseas-761066103/
Twitter - https://twitter.com/AnthonyFatseas
Interview recorded - 3rd of December, 2024
On this episode of the WTFinance podcast I had the pleasure of welcoming back Julian Brigden. Julian is the Head of Research at Macro Intelligence 2 Partner.
During our conversation we spoke about the current economic outlook, new Trump term, whether tariffs will be inflationary, did the FED cut too early, avalanche of bond crisis', dollar wrecking ball and more. I hope you enjoy!
0:00 - Introduction
1:54 - Current Outlook?
5:33- New Trump term differences
10:20 - Department of Government Efficiency
11:40 - Tariff revenue raising mechanism
13:22 - Tariffs inflationary
19:05 - FED cut too early?
23:10 - Bonds
26:01 - Avalanche of bond crisis’
28:36 - Financial repression
32:30 - Dollar wrecking ball
36:44 - Precious metals bull market
37:56 - One message to takeaway
Julian Brigden is the Head of Research at Macro Intelligence 2 Partners, a firm he co-founded in 2011. He leads a six-person team of research and market professionals to publish independent macroeconomic research that is both ahead of market consensus and timely. Julian has over 30 years of experience in financial markets including positions in market and policy focused consulting to institutional investors as well as FICC sales.
Julian is a trusted advisor to many top money managers who use MI2 Partners’ research to guide their investment process. He has extensive experience with macro data analysis, broad fixed income, equity market (not individual stocks) and currencies. He is particularly skilled at exploring correlations in the economy and financial markets vital to a vast array of investment decision-makers. As a global macro strategist, Julian’s primary focus is understanding and explaining macroeconomic and policy-related developments to tell clients what is important in markets and what to fade.
When asked about his market outlook for 2022, Julian stated that the US policy response was massive. As a result, the economy has closed the output gap and is in danger of overheating. Together with inflation, Julian believes that this means the Fed needs to rapidly tighten policy while slowing growth. As rates rise and the balance sheet shrinks, the risks to very overvalued asset prices, especially stocks, will rise. He then stated that in Europe, as the impact of Omicron fades and the inventory cycle surges, the ECB will need to raise rates, which will add to the pressure in global bond markets.
Julian spent five years at Medley Global Advisors from 1999 to 2004, a leading macro policy intelligence firm, as the Managing Director of the G7 Client Team, providing timely trading recommendations. From 2004 to 2011, he served as North American Head of Hedge Fund Sales at Crédit Agricole. He has worked in London, Zurich, New York and Vail at UBS, Lehman Brothers, HSBC, Drexel, Credit Suisse, and Salomon Brother in foreign exchange and precious metals.
Any questions may be directed to: support@mi2partners.com
Julian -
Website - https://mi2partners.com/
Retail - https://mi2partners.com/macrocapture-landing-page/
Twitter - https://twitter.com/JulianMI2
LinkedIn - https://www.linkedin.com/in/julian-brigden-150b2114
WTFinance -
Instagram - https://www.instagram.com/wtfinancee/
Spotify - https://open.spotify.com/show/67rpmjG92PNBW0doLyPvfn
iTunes - https://podcasts.apple.com/us/podcast/wtfinance/id1554934665?uo=4
Twitter - https://twitter.com/AnthonyFatseas
Interview recorded - 22nd of November, 2024
On this episode of the WTFinance podcast I had the pleasure of welcoming on Bjorn Lomborg. Bjorn is a renowned researcher and writer, currently president of the think tank Copenhagen Consensus Center, which researches the most effective solutions to the world’s greatest challenges, from disease and hunger to climate and education. The findings of the 12 most efficient solutions for the world’s poorest are laid out in his recently released book “Best Things First”.
During our conversation we spoke about the UN's Sustainable Development Goals, whether they're pragmatic, why the current trajectory is off, what $35bn annually could to to benefit the world, value of life, best ways to reduce emissions and more. I hope you enjoy!
0:00 - Introduction
2:12 - Are UN SDG’s realistic?
6:42 - Shift away from pragmatism?
7:50 - Influence for writing the book?
10:18 - $35bn to add $1trn of value to developed economies?
18:05 - Financial assumptions
22:47 - Issues with current development aid
27:38 - Value of life
32:03 - Didn’t hit the cut as too expensive?
37:03 - Best way to reduce emissions?
42:34 - One message to takeaway?
Dr. Bjorn Lomborg is an academic and the author of the best-selling "False Alarm: How Climate Change Panic Costs Us Trillions, Hurts the Poor, and Fails to Fix the Planet", "The Skeptical Environmentalist" and "Cool It". He challenges mainstream concerns about development and the environment and points out that we need to focus attention on the smartest solutions first. He is a visiting fellow at the Stanford University's Hoover Institution, and president of the Copenhagen Consensus Center which brings together many of the world's top economists, including seven Nobel Laureates, to set priorities for the world. The University of Pennsylvania asked almost 7,000 think tanks and thousands of journalists, public and private donors, and policymakers from around the world to nominate and rank the world's best think tanks. Copenhagen Consensus Center's advocacy for data-driven smart solutions to global challenges were voted into the top 20 among NGOs with up to 100 times' larger budget. The Economist said “Copenhagen Consensus is an outstanding, visionary idea and deserves global coverage.”
Lomborg is a frequent participant in public debates on policy issues. His analysis and commentaries have appeared regularly in such prestigious publications as the New York Times, Wall Street Journal, USA Today, The Economist, Washington Post, Forbes Magazine, Globe & Mail, The Guardian, The Daily and Sunday Telegraph, The Times, The Australian, Los Angeles Times, Boston Globe and Der Spiegel. Lomborg’s monthly column appears in multiple languages in influential newspapers across all continents. He is a television commentator on CNN, FOX, MSNBC and the BBC, among others, on shows such as “Newsnight”, “20/20”, “60 Minutes”, “The Late Show with David Letterman”, and “Larry King Live”. He was featured in the movie “Cool It”, by Sundance Award winning director Ondi Timoner.
Bjorn Lomborg -
Book - https://www.amazon.co.uk/Audible-Best-Things-First/dp/B0CD8T9QDV/
Website - https://lomborg.com/
X - https://twitter.com/BjornLomborg
WTFinance -
Instagram - https://www.instagram.com/wtfinancee/
Spotify - https://open.spotify.com/show/67rpmjG92PNBW0doLyPvfn
iTunes - https://podcasts.apple.com/us/podcast/wtfinance/id1554934665?uo=4
Twitter - https://twitter.com/AnthonyFatseas
Interview recorded - 19th of November, 2024
On this episode of the WTFinance podcast I had the pleasure of welcoming back Jim Rogers. Jim is a legend in the investing world, author, financial commentator and more! After attending Yale and Oxford University, Rogers co-founded the Quantum Fund, a global-investment partnership.
Jim talks further about his current thoughts on the economy, what this means for the market, whether inflation will return, will Trump be good for the economy, China & Uzbekistan, De-dollarisation, current geopolitical strategy and more. I hope you enjoy!
0:00 - Introduction
1:17 - Current outlook for the economy?
2:26 - Why could things go bad?
3:24 - How have markets changed?
5:25 - Inflation to return?
7:17 - Trump good for the economy?
10:17 - China & Uzbekistan
12:30 - Resolutions to debt trajectory?
14:42 - US industry onshoring?
16:02 - De-dollarisation
18:07 - US still the best investment?
21:32 - Current geopolitical situation?
24:19 - Investment strategy
25:42 - One message to takeaway?
Jim Rogers is an author, financial commentator and international investor.
After attending Yale and Oxford University, Rogers co-founded the Quantum Fund, a global-investment partnership. During the next 10 years, the portfolio gained 4200%, while the S&P rose less than 50%. Rogers then decided to retire – at age 37. Continuing to manage his own portfolio, Rogers kept busy serving as a full professor of finance at Columbia University Graduate School of Business, and, in 1989 and 1990, as the moderator of WCBS’s ‘The Dreyfus Roundtable’ and FNN’s ‘The Profit Motive with Jim Rogers’.
From 1990-92, Jim Rogers fulfilled his lifelong dream: motorcycling 100,000 miles across six continents, a feat that landed him in the Guinness Book of World Records. As a private investor, he constantly analysed the countries through which he travelled for investment ideas. He chronicled his one-of-a-kind journey in “Investment Biker: On the Road with Jim Rogers”. Rogers also embarked on a Millennium Adventure in 1999. He travelled for 3 years on his round-the-world, Guinness World Record journey. It was his 3rd Guinness Record. Passing through 116 countries, he covered more than 245,000 kilometres, which he recounted in his book “Adventure Capitalist: The Ultimate Road Trip”.
His book, “Hot Commodities: How Anyone Can Invest Profitably In The World’s Best Market”, was published in 2004. Another of his books “A Bull in China” describes his experiences in China as well as the changes and opportunities there. His most recent book “A Gift to My Children” was a heartfelt, indispensable guide for his daughters (as well as for all adults and children) to find success and happiness. His latest memoir “Street Smarts: Adventures on the Road and in the Markets” was published in 2013.
Jim Rogers -
Website - https://www.jimrogers.com/
WTFinance -
Instagram - https://www.instagram.com/wtfinancee/
Spotify - https://open.spotify.com/show/67rpmjG92PNBW0doLyPvfn
iTunes - https://podcasts.apple.com/us/podcast/wtfinance/id1554934665?uo=4
Twitter - https://twitter.com/AnthonyFatseas
Interview recorded - 18th of November, 2024
On this episode of the WTFinance podcast I had the pleasure of welcoming back Eric Basmajian. Eric is the Founder & CEO of EPB Business Cycle Research.
During our conversation we spoke about the current outlook for the economy, inflation risk, employment, impacts on markets and more. I hope you enjoy!
0:00 - Introduction
1:51 - Current outlook for the economy?
9:11 - Economic lag
16:51 - High inventory skewing economic data
21:35 - Risk of increasing inflation?
31:27 - When is data a trend?
34:17 - Employment
41:02 - Impact on markets?
45:27 - One message to takeaway?
Eric Basmajian is an economic cycle analyst providing research on long-term and short-term trends in growth and inflation. With a degree in economics and experience at a quantitative hedge fund, Eric has developed a unique secular and cyclical framework to forecast major economic inflection points and the resulting impact on asset prices.
Eric holds a bachelor’s degree in economics from New York University. Eric started on the buy-side of the financial sector, as an analyst with Panorama Partners, a quantitative hedge fund specializing in algorithmically scanning for mispriced equity derivatives.
Eric Basmajian -
Website - https://epbresearch.com/
Twitter - https://twitter.com/EPBResearch
YouTube - @EPBResearch
LinkedIn - https://www.linkedin.com/in/eric-basmajian-32614116a/
WTFinance -
Instagram - https://www.instagram.com/wtfinancee/
Spotify - https://open.spotify.com/show/67rpmjG92PNBW0doLyPvfn
iTunes - https://podcasts.apple.com/us/podcast/wtfinance/id1554934665?uo=4
Twitter - https://twitter.com/AnthonyFatseas
Interview recorded - 7th of November, 2024
On this episode of the WTFinance podcast I had the pleasure of welcoming on Former Ambassador Chas Freeman. Chas is a well know diplomat with an array of experience. Examples include being the main interpreter for Richard Nixon during his 1972 China visit and the US Ambassador to Saudi Arabia from 1989 to 1992, during the Gulf war.
During our conversation we spoke about the US driving together China and Russia, Biden escalating tensions, US fighting Russia, sustainment of global hegemony,
0:00 - Introduction
2:06 - Driving China and Russia together?
5:28 - Biden escalating tensions
11:22 - Should NATO have been ended when Soviet Union collapsed?
15:32 - US fighting Russia?
17:50 - Sustainment of global hegemony
20:56 - How has the Middle East evolved?
24:20 - Anyway to get back to two state solution?
31:39 - Axis of evil
36:09 - Further escalation?
39:19 - Madman theory
40:29 - Normalise relations with adversaries?
49:49 - One message to takeaway from our conversation?
Ambassador Freeman has recently retired from Brown University’s Watson Institute for International and Public Affairs. He was Assistant Secretary of Defense for International Security Affairs from 1993-94, earning the highest public service awards of the Department of Defense for his roles in designing a NATO-centered post-Cold War European security system and in reestablishing defense and military relations with China. He served as U. S. Ambassador to Saudi Arabia (during operations Desert Shield and Desert Storm). He was Principal Deputy Assistant Secretary of State for African Affairs during the historic U.S. mediation of Namibian independence from South Africa and Cuban troop withdrawal from Angola.
Chas Freeman served as Deputy Chief of Mission and Chargé d’Affaires in the American embassies at both Bangkok (1984-1986) and Beijing (1981-1984). He was Director for Chinese Affairs at the U.S. Department of State from 1979-1981. He was the principal American interpreter during the late President Nixon’s path-breaking visit to China in 1972. In addition to his Middle Eastern, African, East Asian and European diplomatic experience, he served in India.
Ambassador Freeman earned a certificate in Latin American studies from the National Autonomous University of Mexico, certificates in both the national and Taiwan dialects of Chinese from the former Foreign Service Institute field school in Taiwan, a BA magna cum laude from Yale University and a JD from the Harvard Law School. He is the recipient of numerous high honors and awards. He is the author of three books on U.S. foreign policy and two on statecraft. He was the editor of the Encyclopaedia Britannica entry on “diplomacy.” He is a sought-after speaker on a wide variety of foreign policy issues.
Ambassador Freeman is Chairman of the Board of Projects International, Inc., a Washington-based business development firm that specializes in arranging international joint ventures, acquisitions, and other business operations for its American and foreign clients. After his retirement from government, he served concurrently as co-chair of the United States China Policy Foundation, president of the Middle East Policy Council, and vice chair of the Atlantic Council of the United States.
Chas Freeman is married to the Hon. Margaret Van Wagenen Carpenter. He has three children by a previous marriage, eight grandchildren, and two great grandchildren.
Chas Freeman:
Website - https://chasfreeman.net/
WTFinance:
Instagram - https://www.instagram.com/wtfinancee/
Spotify - https://open.spotify.com/show/67rpmjG92PNBW0doLyPvfn
iTunes - https://podcasts.apple.com/us/podcast/wtfinance/id1554934665?uo=4
Twitter - https://twitter.com/AnthonyFatseas
Interview recorded - 7th of November, 2024
On this episode of the WTFinance podcast I had the pleasure of welcoming back Andy Schectman. Andy is the President of Miles Franklin Precious Metals Investments.
During our conversation we discussed his current thoughts on the economy, why FED rate cuts aren't leading to lower yields, financial repression, BRICs and risk of a new axis of power, BRICS currency and more. I hope you enjoy!
0:00 - Introduction
1:40 - What is Andy current seeing in economy & markets?
12:54 - FED rates cutting, bonds increasing
14:37 - Financial repression
22:37 - BRICS and risk of a new axis?
38:00 - BRICS currency backed by gold
44:19 - One message to takeaway?
Prior to starting Miles Franklin, Ltd. in 1989, Andrew became a Licensed Financial Planner, specializing in Swiss Franc Investments and alternative investments. At Miles Franklin Ltd., a company that has eclipsed $5 billion in sales, Andrew has developed an operation that maintains trust, collaboration, and ethical behavior, superior customer service and satisfaction to better serve their clients. He is responsible for overseeing the firm’s operations and business functions; including strategy and planning, account management, finance, and new business.
Andy Schectman
Website - https://www.milesfranklin.com/
Twitter - https://twitter.com/milesfranklinco
LinkedIn - https://www.linkedin.com/in/andy-schectman-0895854/
WTFinance -
Instagram - https://www.instagram.com/wtfinancee/
Spotify - https://open.spotify.com/show/67rpmjG92PNBW0doLyPvfn
iTunes - https://podcasts.apple.com/us/podcast/wtfinance/id1554934665?uo=4
Twitter - https://twitter.com/AnthonyFatseas
Interview recorded - 9th of November, 2024
On this episode of the WTFinance podcast I had the pleasure of welcoming on Ted Seides. You have probably heard Ted before as he is the founder of Capital Allocators, a podcast I very much enjoy and the author of the recently released book “Private Equity Deals: Lessons in investing, dealmaking and operations from private equity professionals”.
0:00 - Introduction
1:47 - What does great capital allocation look like?
3:00 - Influence for writing the book?
4:28 - Why is private equity less understood?
7:53 - Difference between VC, private & public investing?
9:22 - Different types of PE
12:07 - Type of deals?
13:02 - Coming to the forefront?
15:32 - State of PE market?
17:32 - Challenge exiting?
20:40 - PE performance
12:20 - Interesting PE stories?
24:30 - Incentivising performance
26:10 - Negative stories?
27:50 - Final goal of PE?
28:38 - Where is the industry going?
29:45 - Carried gains tax
30:40 - One message to takeaway from book?
Ted Seides, CFA is the founder of Capital Allocators, an ecosystem that includes podcasts, gatherings, and advisory. Ted launched the Capital Allocators podcast in 2017. The show reached 20MM downloads as of August 2024 and has been recognized as the top institutional investing podcast.
Alongside the podcast, Ted created Capital Allocators Summits with friend and industry veteran Rahul Moodgal to bring together industry leaders to connect and learn. He developed Capital Allocators University to teach senior professionals non-investment disciplines that are essential to investment success. He also advises managers on business strategy and allocators on investment strategy.
In March 2021, Ted published his second book, Capital Allocators: How the world’s elite money managers lead and invest that distills key lessons from the first 150 episodes of the podcast. In October 2022, he was honored as Citizen of the Year at With Intelligence’s inaugural Allocator Prizes.
Ted is also the author of the recently released book "Private Equity Deals: Lessons in investing, dealmaking, and operations from private equity professionals".
Ted Seides:
Website - https://www.capitalallocators.com/
Book - https://www.amazon.co.uk/Private-Equity-Deals-Dealmaking-Allocators-ebook/dp/B0CNW5P8N8/
LinkedIn - https://www.linkedin.com/in/tedseides
WTFinance -
Instagram - https://www.instagram.com/wtfinancee/
Spotify - https://open.spotify.com/show/67rpmjG92PNBW0doLyPvfn
iTunes - https://podcasts.apple.com/us/podcast/wtfinance/id1554934665?uo=4
Twitter - https://twitter.com/AnthonyFatseas
Interview recorded - 22nd of October, 2024
On this episode of the WTFinance podcast I had the pleasure of welcoming back Clive Thompson. Clive has years of experience in the wealth management industry & a unique insight into central banks.
During our conversation we spoke about the current state of the economy, FED weakening, decreasing interest rates, how the FED are losing control of the bond market, people are losing their jobs and more. I hope you enjoy!
0:00 - Introduction
1:40 - Currently seeing in the economy?
7:08 - FED seeing workforce weakness?
9:40 - Who is buying gold?
12:10 - Decreasing interest rates positive?
13:45 - FED losing control of bond market?
22:57 - Yield rising linked to debt?
25:54 - Underinvestment of precious metals
28:34 - What is happening with silver?
32:14 - One message to takeaway from conversation?
Clive has 47 years of experience in finance & wealth management. This encompasses structuring and advice relating to quoted investments, Private Equity investments, family businesses, tax, residency, real estate, inheritance, Wills, legal, lending, Trusts, Companies and Foundations and all kinds of personal and private advice. He has been actively involved for decades in the arena of Trust structures. This often involved negotiating and discussing the contracts relating to the sale of family companies.
Clive's latest position before retirement was as Managing Director in the Anglophone Private Clients Department of Union Bancaire Privée, UBP SA, based in Geneva. He was responsible for wealth management services provided to a small number of wealthy English and French speaking families.
Clive continues to remain very active in the world of wealth, with a strong focus on Private Equity, and direct Equity Investing via the global stock markets. His passion is the financial analysis of Balance Sheets, P&Ls, Cash Flow and business projections. Clive loves examining business opportunities, like Private Equity, and digging into the fundamentals of quoted companies to achieve a market beating performance.
Clive Thompson -
LinkedIn - https://www.linkedin.com/in/clive-thompson-661997251/
Video - https://www.youtube.com/watch?v=L9aye4wQ8Ok
WTFinance -
Instagram - https://www.instagram.com/wtfinancee/
Spotify - https://open.spotify.com/show/67rpmjG92PNBW0doLyPvfn
iTunes - https://podcasts.apple.com/us/podcast/wtfinance/id1554934665?uo=4
Twitter - https://twitter.com/AnthonyFatseas
Interview recorded - 23rd of October, 2024
On this episode of the WTFinance podcast I had the pleasure of welcoming back Gerald Celente. Gerald is the Founder/Director of the Trends Research Institute and Publisher of the Trends Journal with a 40-year track record of identifying, tracking and forecasting trends
During our conversation we spoke about the current outlook of markets, how it is a rigged game, killing peace deals, concentration of wealth, collapse of the economy, precious metals and more. I hope you enjoy!
0:00 - Introduction
0:47 - Current outlook
5:10 - Back to 2019
9:17 - Rigged game
12:10 - Killing peace deals
13:24 - How to help average person?
19:58 - Won’t give up without a fight
22:46 - Unemployment rising?
27:59 - Concentration of wealth
30:50 - Precious metals
37:04 - One message to takeaway?
Gerald Celente is the Founder/Director of the Trends Research Institute and Publisher of the weekly Trends Journal magazine. He is the author of the highly acclaimed and best-selling books “Trend Tracking” and “Trends 2000” (Warner Books).
With a 43-year track record of identifying, tracking, and forecasting trends, Celente is world-renowned as today’s #1 Trend Forecaster. Celente has earned the reputation as a trusted name in trends for his many accurate forecasts; among them, the 1987 Stock Market crash, Dot com bust, “Gold Bull Run,” “Panic of ‘08,” the rise of organic foods, and the popularity of gourmet coffee long before Starbucks was a household name. Celente, who developed the Globalnomic methodology to identify, track, forecast, and manage trends, is a political atheist. Unencumbered by political dogma, rigid ideology, or conventional wisdom, Celente, whose motto is “Think for Yourself,” observes and analyzes current events forming future trends for what they are – not for how he wants them to be. A true American Patriot, Celente owns three pre-Revolutionary stone buildings on the most historic corner in America, where the seeds of Democracy were sown, Colonial Kingston, New York’s first Capitol. Self-described as a “Warrior for the Prince of Peace,” Gerald Celente is also the Founder “Occupy Peace & Freedom,” a not-for-profit movement to honor the Constitution and Bill of Rights and restore Freedoms.
Gerald Celente -
Journal - https://trendsjournal.com/
YouTube - @gcelente
Twitter - https://twitter.com/geraldcelente
WTFinance -
Spotify - https://open.spotify.com/show/67rpmjG92PNBW0doLyPvfn
iTunes -https://podcasts.apple.com/us/podcast/wtfinance/id1554934665?uo=4
LinkedIn - https://www.linkedin.com/in/anthony-fatseas-761066103/
Twitter - https://twitter.com/AnthonyFatseas
Interview recorded - 18th of October, 2024
On this episode of the WTFinance podcast I had the pleasure of welcoming Michael von der Schulenberg. Michael has had a very interesting life, working for the United Nations and OSCE, including as UN assistant Secretary-General, in many of the world’s trouble spots, such as in Haiti, Afghanistan, Pakistan, Iran, Iraq, Syria, the Balkan, Somalia, Sierra Leone and the Sahel. Michael is now a member of the European Parliament.
During our conversation we spoke about the current geopolitical turmoil, rejected Ukraine peace treaty, possibility of a ceasefire, NATO expansion towards Russia, EU regulation, the UN and how it hasn't lost its relevance. I hope you enjoy!
0:00 - Introduction
2:31 - Current view of geopolitics
4:11 - Peace treaty on the table
7:37 - Ceasefire
8:37 - NATO expansion influenced Russia?
10:09 - Biden impact wars
12:43 - BRICS pushing together
14:23 - EU isolating foreign policy
16:30 - EU risk of being isolated?
18:27 - EU government similar to China?
20:55 - EU regulation?
23:30 - Perfect European Union
29:50 - UN charter avoided war?
34:20 - UN lost its relevance?
40:35 - One message to takeaway from conversation?
Michael von der Schulenburg, former UN Assistant Secretary-General, escaped East Germany in 1969, studied in Berlin, London and Paris and worked for over 34 years for the United Nations, and shortly the OSCE, in many countries in war or internal armed conflicts often involving fragile governments and armed non-state actors.
These included long-term assignments in Haiti, Pakistan, Afghanistan, Iran, Iraq and Sierra Leone and shorter assignments in Syria, the Balkan, Somalia, the Balkan, the Sahel, and Central Asia.
In 2017, he published the book On Building Peace – rescuing the Nation-State and saving the United Nations, AUP.
Michael von der Schulenberg -
Website - https://michael-von-der-schulenburg.com/
WTFinance -
Instagram - https://www.instagram.com/wtfinancee/
Spotify - https://open.spotify.com/show/67rpmjG92PNBW0doLyPvfn
iTunes - https://podcasts.apple.com/us/podcast/wtfinance/id1554934665?uo=4
Twitter - https://twitter.com/AnthonyFatseas
Interview recorded - 21st of October, 2024
On this episode of the WTFinance podcast I had the pleasure of welcoming back Jeff Snider. Jeff is at the forefront of modern money and monetary science, specifically the Euro dollar market and its impact globally. He is also the host of the Eurodollar University.
During our conversation we spoke about whether the economy is in a recession, the consumer struggle, why rate cuts don't do anything, bond market explosion, economic growth and more. I hope you enjoy!
0:00 - Introduction
1:30 - Is the economy in a recession or strong?
4:53 - What is below the surface of the economy?
9:35 - Consumers struggling
13:36 - Back to the mean?
17:01 - Average person to continue to struggle
21:18 - Rate cuts don’t do anything
26:53 - Fiscal spending help economy?
31:33 - Consumer sentiment drives economies
35:05 - Bond market explosion?
37:55 - Change occurs after breakages
44:20 - Economic growth
48:25 - One message to takeaway from our conversation?
Jeff Snider is one of the foremost experts on the global monetary system, specifically the eurodollar money system, and all aspects of its misunderstood inner workings and how they impact global markets, commerce, and economy. His podcast - Eurodollar University - aims to educate the public on the evolution and nature, and nuances of the eurodollar system and true monetary principles. He is a regular contributor to Real Clear Markets and a columnist for the Epoch Times, and is active on Twitter as well as He has been a guest on countless programs including MacroVoices, and Real Vision for his insights into the Eurodollar system, LIBOR, and repo/securities lending markets., etc.
Jeff Snider -
YouTube - @eurodollaruniversity
Website - https://www.eurodollar.university/
Twitter - https://twitter.com/JeffSnider_AIP
WTFinance -
Spotify - https://open.spotify.com/show/67rpmjG92PNBW0doLyPvfn
iTunes -https://podcasts.apple.com/us/podcast/wtfinance/id1554934665?uo=4
LinkedIn - https://www.linkedin.com/in/anthony-fatseas-761066103/
Twitter - https://twitter.com/AnthonyFatseas
Interview recorded - 16th of October, 2024
Rick Bootcamp - http://bootcamp.ruleclassroom.com
On this episode of the WTFinance podcast I had the pleasure of welcoming back Rick Rule. Rick is the Former President & CEO of Sprott U.S. Holdings with decades of experience in the commodities business.
During our conversation we spoke about the outlook for the economy, the unaffordable pension plans, concentration of wealth, Trump tariffs, China's rise, base metals, resource underinvestment and more. I hope you enjoy!
0:00 - Introduction
1:08 - Rick’s outlook on the economy?
2:42 - Low interest rates that major driver?
9:22 - Governments can’t afford pensions
11:42 - What does future look like?
14:08 - Concentration of wealth
18:01 - Trump tariffs
20:10 - Will capital continue to be rewarded?
22:00 - Base metals
24:20 - China opaque credit
25:40 - Resource underinvestment
29:20 - Right return for project
31:00 - US Shale
35:22 - Miners to benefit?
38:10 - Resource M&A
39:55 - Cutting costs
42:00 - One message to takeaway from conversation?
Rick began his career 47 years ago in 1974 in the securities business and has been involved in it ever since. He is known for his expertise in many resource sectors, including agriculture, alternative energy, forestry, oil and gas, mining, and water. In 1990, Rick founded the business now known as Sprott US Holdings” merging in into Sprott Inc. ( SII) in 2011. He retired from Sprott Inc., in 2021, and resigned from the board of directors in 2023, but remains Sprott’s largest shareholder. IMr. Rule is a sought-after speaker at industry conferences, and a frequent contributor to numerous media outlets including CNBC, Fox Business News and BNN. Mr. Rule is actively engaged in private placement markets, through originating and participating in hundreds of debt and equity transactions.
Rick Rule -
Twitter - https://twitter.com/RealRickRule
LinkedIn - https://www.linkedin.com/in/rick-rule-1058921a/
Website - https://ruleinvestmentmedia.com/
Seminar - https://opptravel.zohobackstage.com/TheRuleSymposiumonNaturalResourceInvesting2024#/?affl=WTFinance
WTFinance -
Instagram - https://www.instagram.com/wtfinancee/
Spotify - https://open.spotify.com/show/67rpmjG92PNBW0doLyPvfn
iTunes - https://podcasts.apple.com/us/podcast/wtfinance/id1554934665?uo=4
Twitter - https://twitter.com/AnthonyFatseas
Interview recorded - 14th of October, 2024
This interview was from a WTFinance podcast with Michael Oliver. Michael is a regular guest who is the founder of Momentum Structural Analysis.
During our conversation we spoke about how the US is currently the largest market, why the FED won't be able to save it, precious metals and gold, whether silver will outperform this time, a debt crisis and more. I hope you enjoy!
0:00 - Introduction
0:16 - Hell in markets still on the cards in 2024?
4:20 - FED saved the day?
6:40 - Silver to outperform?
8:35 - Extended bond bear market?
11:50 - Flash crashes incoming?
15:30 - Trends keep increasing
18:20 - What is happening in China?
20:25 - Debt crisis?
25:16 - Commodity super cycle?
27:00 - Where does gold and commodities go?
31:10 - Miners to perform?
34:35 - One message to takeaway from conversation?
J. Michael Oliver entered the financial services industry in 1975 on the Futures side, joining E.F. Hutton’s International Commodity Division, headquartered in New York City's Battery Park. He studied under David Johnston, head of Hutton’s Commodity Division and Chairman of the COMEX.
In the 1980s Mike began to develop his own momentum-based method of technical analysis. He learned early on that orthodox price chart technical analysis left many unanswered questions and too often deceived those who trusted in price chart breakouts, support/resistance, and so forth.
In 1987 Mike technically anticipated and caught the Crash. It was then that he decided to develop his structural momentum tools into a full analytic methodology.
In 1992 the Financial VP and head of Wachovia Bank's Trust Department asked Mike to provide soft dollar research to Wachovia. Within a year, Mike shifted from brokerage to full-time technical research. He is also the author of The New Libertarianism: Anarcho-Capitalism.
Michael Oliver -
Website - https://www.olivermsa.com/
Twitter - https://twitter.com/Oliver_MSA
WTFinance -
Spotify - https://open.spotify.com/show/67rpmjG92PNBW0doLyPvfn
iTunes -https://podcasts.apple.com/us/podcast/wtfinance/id1554934665?uo=4
LinkedIn - https://www.linkedin.com/in/anthony-fatseas-761066103/
Twitter - https://twitter.com/AnthonyFatseas
Interview recorded - 3rd of October, 2024
On this episode of the WTFinance podcast I had the pleasure of welcoming on Warwick Powell. Warwick as an Adjunct Professor at the Queensland University of Technology working at the intersection of China, digital technologies, supply chains, financial flows and global political economy & governance.
During our conversation we discussed China's rise, the current US-China relationship and how this has evolved, why China hasn't become more democratic, recent economic challenges, end of US Hegemony, recent fiscal stimulus and more. I hope you enjoy!
0:00 - Introduction
1:44 - Current US-China relationship and how has it got to this stage?
6:40 - When did trade tensions begin?
12:16 - Why has China not changed?
14:58 - What is China after?
19:52 - Impact of Real Estate markets?
32:31 - Can manufacturing capacity continue to grow?
39:40 - What influences West’s tariffs?
46:23 - Move to multipolar influence
54:58 - Picking geopolitical sides?
57:38 - Chinese fiscal support?
1:06:33 - Future support to be iterative
1:09:37 - One message to takeaway from conversation?
Warwick began his career in academia, teaching Chinese history and European cultural history at Griffith University. He graduated with First Class Honours and is the recipient of the prestigious University Medal for Academic Excellence. Warwick was also awarded a Department of Foreign Affairs and Trade scholarship to undertake postgraduate studies at People’s University, Beijing. He deferred his studies to begin work for Kevin Rudd in the Queensland Government.
He is the chairman and founder of Sister City Partners Limited, a not-for-profit investment bank focusing on developing links between regional Australia and the markets of Asia. Through this work, Warwick has experience in diverse industries including cattle and sheep production and processing, information and communication technology, infrastructure, energy, natural resources, travel and tourism and property development.
He is a director of a number of funds management companies responsible for funds established under an ASIC-approved Australian Financial Services License. He is a member of the Central Highlands Accelerate Agribusiness Advisory Board and was the founding Treasurer of Innovation NQ Inc., a not-for-profit innovation incubator in North Queensland.
He continues to teach professional courses in areas such as innovation, creativity, regional economic development and blockchain technology with James Cook University, QUT and Edith Cowan University.
Warwick Powell:
LinkedIn - https://au.linkedin.com/in/warwickpowell
Substack - https://substack.com/@warwickpowell
Twitter - https://x.com/baoshaoshan
WTFinance -
Instagram - https://www.instagram.com/wtfinancee/
Spotify - https://open.spotify.com/show/67rpmjG92PNBW0doLyPvfn
iTunes - https://podcasts.apple.com/us/podcast/wtfinance/id1554934665?uo=4
Twitter - https://twitter.com/AnthonyFatseas
Interview recorded - 27th of September, 2024
On this episode of the WTFinance podcast I had the pleasure of welcoming back Matthew Piepenburg. Matthew is a Partner of Von Greyerz AG and critic of current monetary policy actions of central banks.
During this conversation we spoke about his thoughts on the economy, why there is a debt trap, no expectation of real growth in the future, private vs public debt, calculating US Dollar devaluation, precious metals and more. I hope you enjoy!
0:00 - Introduction
1:42 - Current thoughts on the economy?
7:16 - Concentration of growth
12:38 - Private vs public debt crisis
26:31 - Calculating US Dollar devaluation?
32:26 - Can they decrease the deficit?
40:16 - Why nothing about gold or silver?
50:10 - One message to takeaway?
Matt began his finance career as a transactional attorney before launching his first hedge fund during the NASDAQ bubble of 1999-2001
Thereafter, he began investing his own and other HNW family funds into alternative investment vehicles while operating as a General Counsel, CIO and later Managing Director of a single and multi-family office. Matthew worked closely as well with Morgan Stanley’s hedge fund platform in building a multi-strat/multi-manager fund to better manage risk in a market backdrop of extreme central bank intervention/support. The conviction that precious metals provides the most reliable and longer-term protection against potential systemic risk led Matt to join VON GREYERZ.
The author of the Amazon No#1 Release, Rigged to Fail, Matt is fluent in French, German and English; he is a graduate of Brown (BA), Harvard (MA) and the University of Michigan (JD). Along with Egon von Greyerz, Matthew is the co-author of Gold Matters, which offers an extensive examination of gold as an historically-confirmed wealth-preservation asset.
Matthew Piepenburg -
LinkedIn - https://linkedin.com/in/matthewpiepenburg
Website - https://vongreyerz.gold/
WTFinance -
Instagram - https://www.instagram.com/wtfinancee/
Spotify - https://open.spotify.com/show/67rpmjG92PNBW0doLyPvfn
iTunes - https://podcasts.apple.com/us/podcast/wtfinance/id1554934665?uo=4
Twitter - https://twitter.com/AnthonyFatseas
Interview recorded - 25th of September, 2024
On this episode of the WTFinance podcast I had the pleasure of welcoming back Neil Howe. Neil is the co-author of the ground breaking “The Fourth Turning” and author of the updated version of the book “The Fourth Turning is Here: What the Seasons of History Tell Us About How and When This Crisis will End” which I had the pleasure of reading.
During our conversation we spoke about the Fourth turning, the current political shifts, the challenges with democracy, nullification of governments, impact on markets, financial repression, risk of recession and more. I hope you enjoy!
0:00 - Introduction
3:19 - What is the Fourth Turning?
8:24 - Where are we in the cycle?
13:29 - Cycles increasing in time?
17:19 - Political shifts driven by leaders?
22:49 - Extreme centralisation during dictatorship
28:59 - What can be learnt from pushes to dictatorship?
34:40 - The issues with democracy?
38:40 - Five outrageous predictions
41:55 - What would succession look like?
46:30 - Nullification of the federal government
49:00 - Geopolitical brinkmanship
51:02 - How do Fourth turning impact markets?
54:30 - Financial repression
56:30 - Pre-empt and create anti-fragile systems?
1:00:25 - What is happening in the economy?
1:04:20 - What is the economic lag?
1:06:26 - Passive investing impacting
1:13:35 - One message to takeaway from our conversation?
Neil Howe is an acclaimed historian, economist, and demographer and the bestselling author (with William Strauss) of The Fourth Turning, as well as over a dozen books on demographic and social change. The nation’s leading thinker on today’s generations—who they are, what motivates them, and how they will shape America’s future—Howe is Managing Director of Demography at Hedgeye Risk Management, an independent financial research firm, as well as President of LifeCourse Associates, which serves hundreds of corporate, nonprofit, and government clients. He lives with his family in Great Falls, Virginia.
Neil Howe -
LinkedIn - https://www.linkedin.com/in/neilhowe/
Twitter - https://twitter.com/HoweGeneration
Hedgeye - https://app.hedgeye.com/
WTFinance -
Instagram - https://www.instagram.com/wtfinancee/
Spotify - https://open.spotify.com/show/67rpmjG92PNBW0doLyPvfn
iTunes - https://podcasts.apple.com/us/podcast/wtfinance/id1554934665?uo=4
Twitter - https://twitter.com/AnthonyFatseas
Interview recorded - 23rd of September, 2024
On this episode of the WTFinance podcast I had the pleasure of welcoming on Glenn Diesen. Glenn is a Norwegian political scientist and professor at the University of South-Eastern Norway.
During our conversation we spoke about the current geopolitical outlook, US hegemon, risk of the collapse of the US hegemon, a multipolar war, increasing geopolitical tensions, economic optionality and more. I hope you enjoy!
0:00 - Introduction
1:03 - Current outlook on geopolitics?
2:56 - US hegemony being challenged?
4:04 - US hegemony and unipolar world
10:11 - World leaders seeing US as hypocrites?
19:27 - Could US have prevent challenge of hegemon?
24:09 - What is a multipolar world?
30:04 - Economic optionality for economies
35:56 - One message to takeaway from conversation?
Professor Diesen is an academic, author, editor, and political commentator. His research focus is primarily on Russian foreign policy and the geoeconomics of Greater Eurasia and the emerging strategic partnership between Russia and China. Diesen’s latest books are The Ukraine War & the Eurasian World Order (2024); Russophobia: Propaganda in International Politics (2022), Europe as the Western Peninsula of Greater Eurasia: Geoeconomic Regions in a Multipolar World (2021); Russian Conservatism: Managing Change under Permanent Revolution (2021); Great Power Politics in the Fourth Industrial Rivalry: The Geoeconomics of Technological Sovereignty (2021); The Return of Eurasia (2021); Russia in a Changing World (2020); The Decay of Western Civilisation and Resurgence of Russia: Between Gemeinschaft and Gesellschaft (2018); Russia’s Geoeconomic Strategy for a Greater Eurasia (2017); and EU and NATO relations with Russia: After the collapse of the Soviet Union (2015).
Glenn Diesen:
X: https://twitter.com/Glenn_Diesen
Substack: https://glenndiesen.substack.com/
YouTube: @GDiesen1
WTFinance -
Instagram - https://www.instagram.com/wtfinancee/
Spotify - https://open.spotify.com/show/67rpmjG92PNBW0doLyPvfn
iTunes - https://podcasts.apple.com/us/podcast/wtfinance/id1554934665?uo=4
Twitter - https://twitter.com/AnthonyFatseas
Interview recorded - 10th of September, 2024
On this episode of the WTFinance podcast I had the pleasure of welcoming back Alasdair Macleod. Alasdair is the Head of Research for Goldmoney.
We spoke about the risk of a debt trap, commodities, whether the FED can cut out of a recession, japanificarion, gold and more. I hope you enjoy!
0:00 - Introduction
1:43 - What is happening in the economy?
3:43 - Commodity crash linked to recession?
7:42 - Impact of low interest rates?
9:40 - Politicians to cut deficit?
14:45 - Private debt market to blow up?
18:55 - Can US/UK go way of Japan?
22:06 - Why is gold unloved?
23:26 - Flooding into precious metals?
31:56 - What does a building of a gold standard take?
39:20 - Only possible with commodity producing company?
42:11 - One message to takeaway from our conversation?
Alasdair Macleod is Head of Research for GoldMoney. He is an educator and advocates for sound money through demystifying finance and economics. His background includes being a stockbroker, banker, and economist.
Alasdair Macleod started his career as a stockbroker in 1970 on the London Stock Exchange. Within nine years, he had risen to become senior partner of his firm.
Subsequently, he held positions at the director level in investment management and worked as a mutual fund manager. Mr. Macleod also worked at a bank in Guernsey as an executive director.
For most of his 40 years in the finance industry, he has been demystifying macroeconomic events for his investing clients. The accumulation of this experience has convinced him that unsound monetary policies are the most destructive weapon governments use against the common man. Accordingly, his mission is to educate and inform the public in layman's terms what governments do with money and how to protect themselves from the consequences.
Alasdair Macleod -
GoldMoney - https://www.goldmoney.com/research
Substack - https://alasdairmacleod.substack.com/
Twitter - https://twitter.com/MacleodFinance
LinkedIn - https://www.linkedin.com/in/alasdair-macleod-9494b27/
WTFinance -
Instagram - https://www.instagram.com/wtfinancee/
Spotify - https://open.spotify.com/show/67rpmjG92PNBW0doLyPvfn
iTunes - https://podcasts.apple.com/us/podcast/wtfinance/id1554934665?uo=4
Twitter - https://twitter.com/AnthonyFatseas
Interview recorded - 9th of September, 2024
On this episode of the WTFinance podcast I had the pleasure of welcoming on Mel Mattison. Mel is writer and financial services veteran, with 20 years in the realm of high finance.
During our conversation we talked about Mel's outlook for the markets, higher inflation for longer, risk of economic collapse, social security, stock melt-up, which assets will perform and more. I hope you enjoy!
0:00 - Introduction
0:49 - Outlook on the macro and markets?
5:10 - Higher inflation for longer?
11:55 - Can government thread deficit needle?
15:28 - Risk of collapse?
21:30 - Social security into stocks?
24:20 - Increased volatility in the markets
30:51 - Stock melt-up?
34:49 - Dollar pain for global countries?
40:01 - Assets to perform post crash?
43:16 - One message to takeaway from conversation?
For over twenty years, Mel has held key posts with both established asset managers such as Russell Investments and fast-growth startup firms like United Capital (acquired 2019 by Goldman Sachs). Since 2019, Mel has focused almost exclusively on private equity and the employee stock option financing space. He also founded the personal finance and wellness app, MoneyComb, in 2014. Seed funded by Duke University and incubated under leading behavioral economist Dan Ariely, MoneyComb quickly gained a reputation for innovative thinking about money and happiness: MoneyComb in WSJ.
Having served as the CEO of three different FINRA and SEC registered broker-dealers, Mel has established himself as an expert in the operation of financial firms with an emphasis on broker-dealer formation, private placements, compliance, and scaling of digital operations.
Mel holds an MBA with concentrations in investment and corporate finance from Duke University. He received his BA from Loyola University Chicago where he majored in philosophy, minored in English, and helped establish the school’s nascent men’s rugby program. Mel is also a Certified Financial Planner™ Professional and holds the CFP® designation.
Mel Mattison:
Website - https://www.melmattison.com/
X - https://twitter.com/MelMattison1
Book - https://www.amazon.com/dp/B0CK6WTGJV?ref_=cm_sw_r_cp_ud_dp_ZBJCM70F8RTF8WCETGYT
WTFinance:
Spotify - https://open.spotify.com/show/67rpmjG92PNBW0doLyPvfn
iTunes -https://podcasts.apple.com/us/podcast/wtfinance/id1554934665?uo=4
LinkedIn - https://www.linkedin.com/in/anthony-fatseas-761066103/
Twitter - https://twitter.com/AnthonyFatseas
Interview recorded - 2nd of September, 2024
Substack - https://rubino.substack.com/
On this episode of the WTFinance podcast I had the pleasure of welcoming back John Rubino. John was the Founder of dollarcollapse.com, author/co-author of 5 books and has a great Substack.
During our conversation we spoke about John's thoughts about the economy, interest rate cutting, another real estate credit event, similar to the 90's, milkshake theory, new standard currency, gold miners and more!
0:00 - Introduction
0:57 - What is John seeing in the economy?
2:46 - Interest rate cut to help?
5:15 - Another real estate credit event?
6:40 - Banks to benefit from interest rate cuts?
9:29 - Similar to the 90’s?
12:33 - Drawn out recession or flash crash?
17:48 - Thank you!
19:08 - Milkshake theory and the dollar?
21:57 - New standard currency?
25:14 - BRICS buying gold while West sells
30:36 - Gold miners?
33:13 - One message to takeaway from our conversation?
John Rubino is a former Wall Street financial analyst and author or co-author of five books, including The Money Bubble: What To Do Before It Pops and Clean Money: Picking Winners in the Green-Tech Boom. He founded the popular financial website DollarCollapse.com in 2004 and sold it in 2022.
John's newsletter provides actionable advice, based on a couple of premises:
-
The financial world is spinning out of control and will get considerably worse before it gets better.
-
There are things we can do to improve our odds of surviving and thriving as the chaos unfolds.
John Rubino -
Substack - https://rubino.substack.com/
LinkedIn - https://www.linkedin.com/in/john-rubino-a952146/
WTFinance -
Spotify - https://open.spotify.com/show/67rpmjG92PNBW0doLyPvfn
iTunes -https://podcasts.apple.com/us/podcast/wtfinance/id1554934665?uo=4
LinkedIn - https://www.linkedin.com/in/anthony-fatseas-761066103/
Twitter - https://twitter.com/AnthonyFatseas
Interview recorded - 26th of August, 2024
On this episode of the WTFinance podcast I had the pleasure of welcoming back Lyn Alden. Lyn is one of the foremost macro strategists, Founder of Lyn Alden Investment Strategy & author of the book “Broken Money: Why Our Financial System is Failing Us and How We Can Make it Better”.
During our conversation we spoke about what is happening in the markets, rotation out of the US, which markets are investable, broadening US markets, energy, China and more. I hope you enjoy!
0:00 - Introduction
1:50 - What has happened the past few weeks in markets?
7:20 - International investors leaving US?
9:05 - International markets
11:10 - Which countries to benefit?
13:50 - Who benefits from rate cuts?
15:45 - Broadening of US market?
18:38 - Powell made right decision?
22:26 - Similarities to 90’s?
24:19 - Fiscal repression
29:50 - Interest payments impact on deficit?
32:28 - Solution for social securities?
36:03 - AI to fix outcomes?
37:58 - Energy shift
43:46 - Chinese manufacturing growth to continue?
46:13 - West less control over China?
48:32 - Chinese soft power
51:23 - One message to takeaway from our conversation?
Lyn runs an investment research service for both retail and institutional investors at LynAlden.com. Her focus is on fundamental investing with a global macro overlay, with an emphasis on equities, currencies, commodities, and digital assets.
Lyn has also worked for over a decade in the aviation industry in a range of roles, starting as an electronics engineer and moving into project and facility management, and engineering finance. Eventually she became the head engineer and head of technical procurement for the facility, before retiring in my 30s.
Lyn has a bachelor's in electronics engineering and a master's in engineering management, with a focus on engineering economics and financial modelling.
Lyn Alden -
Website - https://www.lynalden.com/
LinkedIn - https://www.linkedin.com/in/lynalden/
Twitter - https://twitter.com/lynaldencontact?lang=en
WTFinance -
Instagram - https://www.instagram.com/wtfinancee/
Spotify - https://open.spotify.com/show/67rpmjG92PNBW0doLyPvfn
iTunes - https://podcasts.apple.com/us/podcast/wtfinance/id1554934665?uo=4
Twitter - https://twitter.com/AnthonyFatseas
Interview recorded - 27th of August, 2024
On this episode of the WTFinance podcast I had the pleasure of welcoming back Michael Howell. Michael is the Founder & Managing Director of CrossBorder Capital.
During our conversation we spoke about the liquidity cycle, dollar drop, risk on, treasury actions, financial repression, Bitcoin/Gold as risk off assets and more. I hope you enjoy!
0:00 - Introduction
1:47 - Market flying?
5:04 - Anything else to pay attention to?
9:21 - Surprised by dollar drop?
11:34 - Liquidity cycle
18:15 - Majority of returns at beginning of liquidity cycle?
19:33 - Yellen fiscal dilemma?
23:17 - Treasury actions
32:11 - Bond yields to rise?
33:15 - Basel 4 financial repression
34:01 - Risk-on the current strategy?
35:35 - Industrial metals to benefit?
37:21 - Bitcoin/Gold de-correlating to markets?
40:01 - One message to takeaway from our conversation?
Michael Howell is CEO of CrossBorder Capital, a London-based FCA registered, independent research and investment company that he founded in 1996. Previously he was Head of Research for Baring Securities and Research Director of Salomon Brothers Inc, the US investment bank. The liquidity methodology he pioneered monitors cross-border flows and Central Bank behaviour across some 80 countries world-wide. Liquidity flows are a central part of CrossBorder Capital's asset allocation advice, which is currently provided to major global investors, including institutional asset managers, government agencies, Central Banks and endowment funds. Michael has been in financial markets since 1981 and is a regular conference speaker and media commentator. He graduated from Bristol and London Universities with a finance doctorate, specialising in Fixed Income.
Michael Howell -
Website - https://crossbordercapital.com/
Twitter - https://twitter.com/crossbordercap
LinkedIn - https://www.linkedin.com/in/michael-howell-357b1416/?originalSubdomain=uk
WTFinance -
Instagram - https://www.instagram.com/wtfinancee/
Spotify - https://open.spotify.com/show/67rpmjG92PNBW0doLyPvfn
iTunes - https://podcasts.apple.com/us/podcast/wtfinance/id1554934665?uo=4
Twitter - https://twitter.com/AnthonyFatseas
Interview recorded - 21st of August, 2024
On this episode of the WTFinance podcast I had the pleasure of welcoming on Ed Yardeni. Dr Ed is the President of Yardeni Research.
During our conversation we spoke about his thoughts on the economy, potential for it being a new roaring twenties, productivity, normalisation of growth, interest rate decisions, impacts on markets and more. I hope you enjoy!
0:00 - Introduction
1:40 - Thoughts on global economy?
4:40 - Why rolling recessions?
11:04 - Employment data revision?
13:08 - Illegal migration impact?
15:05 - Normalisation of growth?
17:16 - Interest Rates & Monetary policy
22:38 - FED for a day?
27:08 - Higher interest rates on deficit?
30:26 - 90’s soft landing again?
32:07 - What will the FED do?
34:05 - Which industries will perform well?
38:11 - One message to takeaway from conversation?
Dr. Ed Yardeni is the President of Yardeni Research, Inc., a provider of global investment strategies and asset-allocation analyses and recommendations. He previously served as Chief Investment Strategist of Oak Associates, Prudential Equity Group, and Deutsche Bank’s US equities division in New York City. He was also the Chief Economist of CJ Lawrence, Prudential-Bache Securities, and EF Hutton. He taught at Columbia University’s Graduate School of Business and was an economist
with the Federal Reserve Bank of New York. He also held positions at the Federal Reserve Board of Governors and the US Treasury Department in Washington, D.C.
Dr. Ed earned his PhD in economics from Yale University in 1976, having
completed his doctoral dissertation under Nobel Laureate James Tobin. Previously, he received a master’s degree in international relations from Yale. He completed his undergraduate studies magna cum laude at Cornell University.
Dr. Ed is frequently quoted in the financial press, including The Wall Street
Journal, the Financial Times, The New York Times, The Washington Post, and Barron’s. He was dubbed “Wall Street Seer” in a Barron’s cover story. He appears frequently on CNBC, Bloomberg Television, and Fox Business. See Dr. Ed’s market calls as reported in the financial press.
Dr Ed Yardeni:
Website - https://yardeni.com/
Twitter - https://x.com/yardeni
Quicktakes - https://www.yardeniquicktakes.com/
YouTube - @YardeniResearch
WTFinance -
Spotify - https://open.spotify.com/show/67rpmjG92PNBW0doLyPvfn
iTunes -https://podcasts.apple.com/us/podcast/wtfinance/id1554934665?uo=4
LinkedIn - https://www.linkedin.com/in/anthony-fatseas-761066103/
Twitter - https://twitter.com/AnthonyFatseas
Interview recorded - 26th of July, 2024
On this episode of the WTFinance podcast I had the pleasure of welcoming back Simon Hunt.
During our conversation we spoke about the risk of a market crash in 2024, BRIC's currency, Global Cold/Hot War, financial system crisis and more. I hope you enjoy.
0:00 - Introduction
1:52 - Market crash in 2024?
9:01 - Control over the heartland?
13:13 - BRIC’s currency
19:30 - Republicans to cut spending?
21:16 - South China Sea
27:18 - Cold vs hot world war?
31:24 - Financial system correction?
34:09 - One message to takeaway from our conversation?
Simon Hunt began his career in 1956 in Central Africa as a PA to the Chairman of Rhodesian Selection Trust, one of the two large copper companies in what was then Northern Rhodesia, now Zambia.
In 1961 he came back to London and joined Anglo American Corporation of South Africa as a PA to one of the Board Directors, followed by being part of a small sales and marketing team for copper. From there, he helped start up a new copper development organisation, CIDEC, financed by copper producers, which he then joined, focusing on conducting end-use studies of copper in Europe.
He then went into the City to gain financial experience and founded Brook Hunt in 1975. He was instrumental in setting up the company’s cost studies and end-use analyses. He appeared as material witness and consultant in two ITC anti-dumping cases in 1978 and 1984, winning both at the commission level.
He has spent 2-4 months every year in China since 1993 and until a few years ago would be visiting some 80 wire and cable and brass mill factories across the country every year. He now restricts these factory visits to a smaller number, all of which he has known for many years. He also spends many weeks each year traveling around Asia.
The focus of the company’s services is on the global economy, including the changing geopolitical and financial structures, China’s economy and its copper sector, and then the global copper industry as each part is interconnected.
Simon is the author of the “Frontline China Report Service,” which is marketed by the TIS Group. The Service provides regular reports on China’s economy, politics, and financial outlook.
Simon established this company in January 1996.
Simon Hunt -
Website - https://www.simon-hunt.com/
Email - simon@shss.com
WTFinance -
Spotify - https://open.spotify.com/show/67rpmjG92PNBW0doLyPvfn
iTunes -https://podcasts.apple.com/us/podcast/wtfinance/id1554934665?uo=4
LinkedIn - https://www.linkedin.com/in/anthony-fatseas-761066103/
Twitter - https://twitter.com/AnthonyFatseas
Interview recorded - 24th of July, 2024
On this episode of the WTFinance podcast I had the pleasure of hosting Steve Hanke. Steve H. Hanke is a professor of applied economics and founder and co-director of the Institute for Applied Economics, Global Health, and the Study of Business Enterprise at the Johns Hopkins University.
During our conversation we spoke about Steve's economic outlook, the quantity theory of money, Hanke Golden Rule, US going into the recession, why FED's models are wrong, tariffs and more!
0:00 - Introduction
1:12 - Steve’s current outlook?
4:17 - What is causing the money supply shrinkage?
6:12 - What is the quantity theory of money?
10:12 - Why do central banks not look at money supply?
14:27 - Hanke Golden Rule
16:15 - Economic growth without money supply growth?
22:30 - US going into a recession?
23:52 - How bad could recession get?
25:38 - FED late to the party
26:44 - FED to change models?
27:36 - What economies is Steve positive about?
30:00 - Increasing tariffs impacts
32:20 - Impact of money supply on markets?
34:15 - One message to takeaway from conversation?
Steve H. Hanke is a Senior Fellow, Contributing Editor of The Independent Review, and a Member of the Board of Advisors at the Independent Institute. He is a Professor of Applied Economics and Founder and Co-Director of the Institute for Applied Economics, Global Health, and the Study of Business Enterprise at The Johns Hopkins University in Baltimore. He is also a Senior Adviser at the Renmin University of China’s International Monetary Research Institute in Beijing, and a Special Counselor to the Center for Financial Stability in New York. Hanke is also a Contributing Editor at Central Banking in London and a Contributor at National Review. In addition, Hanke is a member of the Charter Council of the Society for Economic Measurement and a Distinguished Associate of the International Atlantic Economic Society. He is ranked as the world’s third-most influential economics influencer by FocusEconomics in Barcelona, Spain.
Steve Hanke:
X - https://x.com/steve_hanke
Bio - https://www.independent.org/aboutus/person_detail.asp?id=516
WTFinance -
Instagram - https://www.instagram.com/wtfinancee/
Spotify - https://open.spotify.com/show/67rpmjG92PNBW0doLyPvfn
iTunes - https://podcasts.apple.com/us/podcast/wtfinance/id1554934665?uo=4
Twitter - https://twitter.com/AnthonyFatseas
Interview recorded - 24th of July, 2024
On this episode of the WTFinance podcast I had the pleasure of welcoming on Bill Fleckenstein. Bill is a professional money manager with over 30 years of experience. He writes a writes a daily column and is the author of “Greenspan’s bubbles: the age of ignorance at the federal reserve”.
0:00 - Introduction
1:07 - Economic and market outlook?
6:10 - Stagflation?
7:42 - GDP growth
10:02 - What has the FED had on the economy?
13:22 - QE & QT
15:42 - How can financial system be resolved?
18:48 - Where could inflation go?
21:13 - What could encourage asset appreciation?
25:38 - What is Bill watching to gauge markets?
26:42 - Long AI, Short Small cap
31:53 - What is driving dollar movements?
33:23 - Can Japan increase interest rates with debt level?
34:28 - How long does monetisation of debt last?
36:40 - One message to takeaway from our conversation?
Bill Fleckenstein is president of Fleckenstein Capital, a money management firm based in Seattle. He writes a daily Market Rap column for his website, Fleckensteincapital.com, as well as the popular column Contrarian Chronicles for MSN Money.
Bill Fleckenstein began writing a daily column on the Internet in 1996. Initially, the Market Rap was a daily recap of market events, with an added "Yes, but..." emphasis. "I quickly learned that the contrarian viewpoint was often misrepresented and under-reported. Since then, my daily column has always called it like I see it. I've tried to write the column in a way that even the novice investor can understand. I believe it's better to teach someone how to fish, rather than just give them an occasional fish."
Bill Fleckenstein -
Website: https://www.fleckensteincapital.com/
Twitter: https://x.com/fleckcap?lang=en
WTFinance -
Instagram -
Interview recorded - 18th of July, 2024
On this episode of the WTFinance I had the pleasure of welcoming back Julian Brigden. Julian is the Head of Research at Macro Intelligence 2 Partner.
During our conversation we spoke about Julian's thoughts on the economy, recession on the horizon, why market crash could be a catalyst for recession, hyperfinancialisation, volatility in bubble, dollar, treasuries and more. I hope you enjoy!
0:00 - Introduction
1:25 - Julian’s thoughts of the economy?
6:50 - Recession on the horizon?
9:10 - Linked to the 1960’s?
11:50 - Government pressure of central banks?
15:10 - Service inflation always been high?
17:30 - Unemployment coming through?
21:26 - Similarities to great recession?
26:31 - Volatility in bubbles
29:03 - Why no rotation?
31:59 - What impact on fixed income & dollar?
34:31 - Where do the dollars go?
37:41 - Relatively bullish on surplus markets?
38:51 - One message to takeaway from our conversation?
Julian Brigden is the Head of Research at Macro Intelligence 2 Partners, a firm he co-founded in 2011. He leads a six-person team of research and market professionals to publish independent macroeconomic research that is both ahead of market consensus and timely. Julian has over 30 years of experience in financial markets including positions in market and policy focused consulting to institutional investors as well as FICC sales.
Julian is a trusted advisor to many top money managers who use MI2 Partners’ research to guide their investment process. He has extensive experience with macro data analysis, broad fixed income, equity market (not individual stocks) and currencies. He is particularly skilled at exploring correlations in the economy and financial markets vital to a vast array of investment decision-makers. As a global macro strategist, Julian’s primary focus is understanding and explaining macroeconomic and policy-related developments to tell clients what is important in markets and what to fade.
When asked about his market outlook for 2022, Julian stated that the US policy response was massive. As a result, the economy has closed the output gap and is in danger of overheating. Together with inflation, Julian believes that this means the Fed needs to rapidly tighten policy while slowing growth. As rates rise and the balance sheet shrinks, the risks to very overvalued asset prices, especially stocks, will rise. He then stated that in Europe, as the impact of Omicron fades and the inventory cycle surges, the ECB will need to raise rates, which will add to the pressure in global bond markets.
Julian spent five years at Medley Global Advisors from 1999 to 2004, a leading macro policy intelligence firm, as the Managing Director of the G7 Client Team, providing timely trading recommendations. From 2004 to 2011, he served as North American Head of Hedge Fund Sales at Crédit Agricole. He has worked in London, Zurich, New York and Vail at UBS, Lehman Brothers, HSBC, Drexel, Credit Suisse, and Salomon Brother in foreign exchange and precious metals.
Julian -
Website - https://mi2partners.com/
Twitter - https://twitter.com/JulianMI2
LinkedIn - https://www.linkedin.com/in/julian-brigden-150b2114
WTFinance -
Instagram - https://www.instagram.com/wtfinancee/
Spotify - https://open.spotify.com/show/67rpmjG92PNBW0doLyPvfn
iTunes - https://podcasts.apple.com/us/podcast/wtfinance/id1554934665?uo=4
Twitter - https://twitter.com/AnthonyFatseas
Interview recorded - 18th of July, 2024
On this episode of the WTFinance podcast I had the pleasure of welcoming back Danielle DiMartino Booth. Danielle is the CEO & Chief Strategist for QI Research, a research and analytics firm.
During our conversation we spoke about her outlook for the economy, unemployment and whether it could stick, how bad could the recession be and more. I hope you enjoy.
0:00 - Introduction
1:44 - Outlook for the economy?
3:15 - Unemployment going to stick?
5:35 - Is the economy soft?
6:40 - What will FED do?
9:45 - Further fiscal deficit?
12:30 - Both parties to increase fiscal spending?
13:30 - How bad could the recession be?
17:55 - Are interest rates really high?
18:23 - Trust the economic numbers?
20:50 - Bonds back to safe haven?
22:05 - One message to takeaway from conversation?
DiMartino Booth set out to launch a #ResearchRevolution, redefining how market intelligence is conceived and delivered to guide portfolio managers and promote financial literacy. To build QI, she brought together a core team of investing veterans to analyze the trends and provide critical analysis on what is driving the markets – both in the United States and globally.
Since their inception in 2015, commentary and data from DiMartino Booth’s The Daily Feather and The Weekly Quill have appeared in other financial sources such as Bloomberg, CNBC, Fox Business, Institutional Investor, Yahoo Finance, The Wall Street Journal, MarketWatch, Seeking Alpha, TD Ameritrade, TheStreet.com, and more.
A global thought leader in monetary policy, economics, and finance, DiMartino Booth founded QI Research in 2015. She is the author of FED UP: An Insider’s Take on Why the Federal Reserve is Bad for America (Portfolio, Feb 2017), a business speaker, and a commentator frequently featured on CNBC, Bloomberg, Fox News, Fox Business News, BNN Bloomberg, Yahoo Finance and other major media outlets.
Prior to QI Research, DiMartino Booth spent nine years at the Federal Reserve Bank of Dallas. She served as Advisor to President Richard W. Fisher throughout the financial crisis until his retirement in March 2015. Her work at the Fed focused on financial stability and the efficacy of unconventional monetary policy.
DiMartino Booth began her career in New York at Credit Suisse and Donaldson, Lufkin & Jenrette where she worked in the fixed-income, public equity, and private equity markets. DiMartino Booth earned her BBA as a College of Business Scholar at the University of Texas at San Antonio. She holds an MBA in Finance and International Business from the University of Texas at Austin and an MS in Journalism from Columbia University.
Danielle DiMartino Booth -
Website - https://quillintelligence.com/
Twitter - https://twitter.com/DiMartinoBooth
YouTube - @DanielleDiMartinoBoothQI
WTFinance -
Spotify - https://open.spotify.com/show/67rpmjG92PNBW0doLyPvfn
iTunes -https://podcasts.apple.com/us/podcast/wtfinance/id1554934665?uo=4
LinkedIn - https://www.linkedin.com/in/anthony-fatseas-761066103/
Twitter - https://twitter.com/AnthonyFatseas
Interview recorded - 9th of July, 2024
On this episode of the WTFinance podcast I had the pleasure of welcoming on Professor Richard Wolff. Richard is a well-known critic of an alternative contemporary economic system, host of the Economic Update and Founding Director of Democracy at work.
During our conversation we spoke about his thoughts on the economy, why the US may not be the strongest economy, causes of economic inequality, direction of travel and more.
0:00 - Introduction
1:30 - Richard’s outlook on the economy?
4:34 - United States strongest economy?
9:56 - Side-effect of one world power?
12:41 - Challenge with bureaucracy
17:02- Causes of inequality?
24:27 - Globalisation of wealth
27:22 - What is the direction of travel??
32:52 - One message to takeaway from our conversation?
Richard D. Wolff is Professor of Economics Emeritus, University of Massachusetts, Amherst where he taught economics from 1973 to 2008. He is currently a Visiting Professor in the Graduate Program in International Affairs of the New School University, New York City.
Earlier he taught economics at Yale University (1967-1969) and at the City College of the City University of New York (1969-1973). In 1994, he was a Visiting Professor of Economics at the University of Paris (France), I (Sorbonne). Wolff was also regular lecturer at the Brecht Forum in New York City.
Prof Wolff is the co-founder of Democracy at Work and host of their nationally syndicated show Economic Update.
Professor Richard Wolff:
Democracy at work: https://www.democracyatwork.info/
Website: https://www.rdwolff.com/
X: https://x.com/profwolff
YouTube: @RichardDWolff
WTFinance -
Instagram - https://www.instagram.com/wtfinancee/
Spotify - https://open.spotify.com/show/67rpmjG92PNBW0doLyPvfn
iTunes - https://podcasts.apple.com/us/podcast/wtfinance/id1554934665?uo=4
Twitter - https://twitter.com/AnthonyFatseas
Interview recorded - 8th of July, 2024
On this episode of the WTFinance podcast I had the pleasure of welcoming back David Collum. David is a Professor of Organic Chemistry and leading thinker on markets and the larger world around us.
During our conversation we spoke about Dave's thoughts about the world, why he is still bearish, governments can't afford pensions, shift from boomers to millennials, societal shifts, what has surprised David, Biden and more. I hope you enjoy!
0:00 - Introduction
1:28 - Dave’s overview of the world?
2:53 - Why is Dave still bearish?
5:37 - Definite bust or potential for small pullback?
7:08 - What will Dave be watching for catalyst?
9:43 - Governments can’t afford pensions
15:28 - Shift from boomers to millennials
23:28 - Societal shifts?
26:10 - What has surprised David?
30:56 - Lag for interest rate cuts to kick in
31:56 - President Biden
39:04 - Next Democrat Candidate?
41:36 - Numen next Bernie Sanders?
44:46 - Dave’s portfolio
50:04 - One message to takeaway from conversation
David Collum received a BS in biology from Cornell in 1977 and an MA, MS, and PhD in chemistry from Columbia University in 1980. Dave currently is the Betty R. Miller Professor of Chemistry at Cornell University. While at Cornell Dave has served as Director of Undergraduate Studies, Director of Graduate Studies, associate chairman, and chairman while running a research program in organic chemistry for forty years, which include collaborations with a host of large-cap pharmaceutical companies exemplified by Merck and Pfizer. In recent years he has become interested in the interface where politics and markets meet. He compiles an annual Year in Review, does several dozen podcasts per year, and occasionally stirs up trouble on more mainstream media sources.
Dave Collum -
Twitter - https://twitter.com/davidbcollum?s=21&t=xvXQIRnoZm5mxXw68trHEQ
Year in Review - https://peakprosperity.com/2022-year-in-review-all-roads-lead-to-ukraine/
WTFinance -
Instagram - https://www.instagram.com/wtfinancee/
Spotify - https://open.spotify.com/show/67rpmjG92PNBW0doLyPvfn
iTunes - https://podcasts.apple.com/us/podcast/wtfinance/id1554934665?uo=4
Twitter - https://twitter.com/AnthonyFatseas
Interview Recorded - 20th of June, 2024
On this episode of the WTFinance podcast I had the pleasure of welcoming on Liz Ann Sonders. Liz Ann is Managing Director, Chief Investment StrategistCharles Schwab & Co., Inc.
During our conversation we spoke about her outlook for markets, the bifurcation of the economy, why the FED were hawkish, immigration, what does this mean for markets and more. I hope you enjoy!
0:00 - Introduction
1:55 - Outlook on economy and markets?
5:26 - Why is economy bifurcated?
8:03 - The K economy
10:53 - Services inflation always high?
3:53 - Why have FED been hawkish?
17:45 - What will FED need to see to cut?
18:53 - Don’t trust payroll data
21:55 - Challenge of measuring immigration impact
23:15 - GDP per capital
24:50 - What does this mean for markets?
28:15 - Outcome of low interest rates and zombie companies?
31:00 - What will happen in markets?
33:10 - QT to continue?
34:00 - One message to takeaway from our conversation?
Liz Ann Sonders has a range of investment strategy responsibilities, from market and economic analysis to investor education, all focused on the individual investor.
Liz Ann is the cohost of the On Investing podcast and a keynote speaker at numerous company and industry conferences. Liz Ann is regularly quoted in financial publications including The Wall Street Journal, The New York Times, Barron's, and the Financial Times, and she appears as a regular guest on CNBC, Bloomberg, Yahoo! Finance, Fox Business News, and the Schwab Network. Barron's has named her to its "100 Most Influential Women in Finance" every year since the list's inception, and Investment Advisor has included her on the "IA 25," its list of the 25 most important people in and around the financial advisory profession. Liz Ann has been named "Best Market Strategist" by Kiplinger's Personal Finance and one of SmartMoney magazine's "Power 30." Liz Ann has also been named to Forbes' 50 Over 50.
In 1999, Liz Ann joined U.S. Trust—which was acquired by Schwab in 2000—as a managing director and member of its Investment Policy Committee. Previously, Liz Ann was a managing director and senior portfolio manager at Avatar Associates, an original division of the Zweig/Avatar Group. She holds an MBA in Finance from the Gabelli School of Business at Fordham University and a B.A. in Economics and Political Science from the University of Delaware.
Liz Ann Sonders
Website - https://www.schwab.com/learn/author/liz-ann-sonders
Twitter - https://x.com/lizannsonders?s=21&t=vCJTBKSb-nIJ8eFKe0YAxg
LinkedIn - https://www.linkedin.com/in/lizannsonders?utm_source=share&utm_campaign=share_via&utm_content=profile&utm_medium=ios_app
WTFinance -
Instagram - https://www.instagram.com/wtfinancee/
Spotify - https://open.spotify.com/show/67rpmjG92PNBW0doLyPvfn
iTunes - https://podcasts.apple.com/us/podcast/wtfinance/id1554934665?uo=4
Twitter - https://twitter.com/AnthonyFatseas
Interview recorded - 13th of June, 2024
On this episode of the WTFinance podcast I had the pleasure of welcoming back Marc Faber. Marc is a well known contrarian investor & the Editor and Publisher of the “Gloom, Boom & Doom Report”.
During our conversation we spoke about whether the economy is still in a recession, inflation, precious metals, the collapse of empires, Russia & China, market crash risk and more. I hope you enjoy!
0:00 - Introduction
1:39 - Still in a recession?
5:27- Linked to inflation?
6:24 - Spiralling out of control?
10:13 - Platinum
10:54 - Precious metals
13:25 - Cost of debt collapsing empires
14:45 - Russia & China
17:14 - Trade challenges
19:55 - Recession and market crash?
24:27 - Unloved investments?
30:02 - Miners unloved
31:56 - One message to takeaway?
Dr Marc Faber was born in Zurich, Switzerland. He went to school in Geneva and Zurich and finished high school with the Matura. He studied Economics at the University of Zurich and, at the age of 24, obtained a PhD in Economics magna cum laude.
Between 1970 and 1978, Dr Faber worked for White Weld & Company Limited in New York, Zurich and Hong Kong. Since 1973, he has lived in Hong Kong. From 1978 to February 1990, he was the Managing Director of Drexel Burnham Lambert (HK) Ltd.
In June 1990, he set up his own business, publishing a widely read monthly investment newsletter “THE GLOOM BOOM & DOOM” report which highlights unusual investment opportunities.
He is also the author of several books including “TOMORROW’S GOLD – Asia’s Age of Discovery” which was first published in 2002 and highlights future investment opportunities around the world. “TOMORROW’S GOLD” was for several weeks on Amazon’s best seller list and has been translated into Japanese, Korean, Thai and German.
Dr. Faber is also a regular contributor to several leading financial publications around the world.
A book on Dr Faber, “RIDING THE MILLENNIAL STORM”, by Nury Vittachi, was published in 1998.
A regular speaker at various investment seminars, Dr Faber is well known for his “contrarian” investment approach.
Marc Faber -
Website - https://www.gloomboomdoom.com/
Twitter - https://twitter.com/gloomboomdoom?lang=en
LinkedIn - https://www.linkedin.com/in/marc-faber-gloomboomdoom/?originalSubdomain=hk
WTFinance -
Instagram - https://www.instagram.com/wtfinancee/
Spotify - https://open.spotify.com/show/67rpmjG92PNBW0doLyPvfn
iTunes - https://podcasts.apple.com/us/podcast/wtfinance/id1554934665?uo=4
Twitter - https://twitter.com/AnthonyFatseas
Interview recorded - 12th of June, 2024
On this episode of the WTFinance podcast I had the pleasure of welcoming on Louis-Vincent Gave.
During our conversation we spoke about Louis' outlook for global markets, why growth could remain strong with higher inflation, what this means for commodities, whether the Chinese economy has bottomed, Yen weakness and more. I hope you enjoy!
0:00 - Introduction
1:55 - Outlook on global markets?
4:32 - Pullback in emerging markets?
10:45 - Economic sentiment starting to change?
13:35 - FED cut on table?
15:01 - Markets increase when cut?
17:01 - Will inflation remain high?
19:23 - China bottom?
27:07 - China to be smarter with investment?
31:02- Chinese Yuan further depreciation?
33:17 - Yen to continue to be weak?
35:19 - What would change Louis perspective?
37:42 - One message to takeaway from conversation?
After receiving his bachelor's degree from Duke University and studying Mandarin at Nanjing University, Louis joined the French Army where he served as a second lieutenant in a mountain infantry battalion. After a couple of years, Louis left the army and joined Paribas where he worked as a financial analyst—first in Paris, then in Hong Kong.
Louis left Paribas in 1998 to launch Gavekal with his father Charles and Anatole Kaletsky. The idea at the time was that Asia was set to become an ever more important factor in global growth, and that consequently Gavekal needed to offer its clients more information, and more ideas, relating to Asia.
Louis has written seven books, the latest being Avoiding the Punch: Investing in Uncertain Times which reviews how to build a portfolio at a time of rising geostrategic strife, and when very low interest rates and stretched valuations on most assets announce constrained returns on most assets over the next decade.
Louis speaks English and French. He spent many hours studying Mandarin and Spanish, which he once spoke decently. He is married with two sons and two daughters.
Louis-Vincent Gave:
Website - https://research.gavekal.com/
Twitter - https://x.com/gave_vincent
WTFinance -
Instagram - https://www.instagram.com/wtfinancee/
Spotify - https://open.spotify.com/show/67rpmjG92PNBW0doLyPvfn
iTunes - https://podcasts.apple.com/us/podcast/wtfinance/id1554934665?uo=4
Twitter - https://twitter.com/AnthonyFatseas
Interview recorded - 4th of June, 2024
On this episode of the WTFinance podcast I had the pleasure of welcoming back Henrik Zeberg.
During our conversation we spoke about Henrik's current thoughts on markets, why bull market could extend to September, what this means for his portfolio, risk of an economic crisis "much worse than 2008" and more. I hope you enjoy!
0:00 - Introduction
0:54 - Current thoughts about markets?
2:30 - What has changed outlook?
5:20 - Prolonged bull market?
8:17 - Key economic indicators?
12:31 - Similar to end of 2022?
16:17 - Repeat of 2008?
21:27 - Exposure to high beta
24:18 - Crypto price targets?
24:33 - meme stock trend
28:05 - Position after top?
30:14 - Thoughts on precious metals?
32:58 - What happens after crash?
37:30 - One message to takeaway from our conversation?
Henrik Zeberg is a Macroeconomist (M.Sc. Econ) from the University of Copenhagen. He is a Business Cycles student, Elliott Wave practitioner, and Chartist. You can find out more about his newsletter on his Website.
Henrik Zeberg -
Newsletter - https://www.thezebergreport.com/
Twitter - https://twitter.com/HenrikZeberg
WTFinance -
Instagram - https://www.instagram.com/wtfinancee/
Spotify - https://open.spotify.com/show/67rpmjG92PNBW0doLyPvfn
iTunes - https://podcasts.apple.com/us/podcast/wtfinance/id1554934665?uo=4
Twitter - https://twitter.com/AnthonyFatseas
Interview recorded - 29th of May, 2024
On this episode of the WTFinance podcast I had the pleasure of welcoming back Adam Rozencwajg. Adam is the Managing Partner at Goehring & Rozencwajg Associates.
During our conversation we spoke about Adam's outlook for energy markets, how the energy markets are still undervalued, why he sees US LNG as being vastly undervalued, Uranium, precious metals and more. I hope you enjoy.
0:00 - Introduction
0:42 - Overview of energy markets?
1:31 - Adam bullish on US natural gas
10:33 - What does this mean for global LNG markets?
14:53 - No LNG supply glut
20:21 - Oil markets and peak oil
26:05 - New oil to replace US?
28:52 - Still bullish on Uranium & Nuclear?
31:21 - How is Adam positioned?
38:03 - Silver have similar trend to Gold?
39:57 - Copper outlook?
44:30 - One message to takeaway from conversation?
Currently, Adam is the Managing Partner of Goehring & Rozencwajg, Natural Resource Investors.
Adam has many years of investment experience. Between 2007 and 2015, he worked exclusively on the Global Natural Resources Fund at Chilton Investment Company with Mr. Goehring.
Prior to joining Chilton Investment Company, Adam worked in the Investment Banking department at Lehman Brothers between 2006 and 2007.
He holds a Bachelor of Arts degree with a major in Economics/Philosophy from Columbia University and is a CFA charter-holder.
Adam Rozencwajg -
Website - https://www.gorozen.com/
Twitter - https://twitter.com/Go_Rozen
LinkedIn - https://www.linkedin.com/in/adam-rozencwajg-770614/
WTFinance -
Instagram - https://www.instagram.com/wtfinancee/
Spotify - https://open.spotify.com/show/67rpmjG92PNBW0doLyPvfn
iTunes - https://podcasts.apple.com/us/podcast/wtfinance/id1554934665?uo=4
Twitter - https://twitter.com/AnthonyFatseas
Interview recorded - 30th of May, 2024
On this episode of the WTFinance podcast I had the pleasure of welcoming back David Hunter.
During our conversation we spoke about David updating his price targets higher, risk of inflation, Russell 2000 to outperform, precious metals, geopolitical risk, US election and more. I hope you enjoy!
0:00 - Introduction
1:46 - Current outlook of markets?
4:11 - What caused David to update catalyst?
7:48 - Inflation?
10:50 - Disconnect between the economy and markets?
12:57 - Bearish sentiment?
14:45 - Russell 2000 to outperform?
19:16 - Institutions hedging with precious metals?
22:51 - Everything bubble?
25:01 - Which industries to benefit?
28:19 - Crypto to also perform?
29:36 - Geopolitical risk?
31:56 - Views on the US election?
33:34 - One message to takeaway from our conversation?
David is an investment professional with 25 years of investment management experience and 20 years as a sell-side strategist with strong expertise in macroeconomic analysis and portfolio management. His strong macro capabilities combined with a contrarian philosophy have allowed me to forecast economic cycles and spot market trends well ahead of the consensus. David is an intellectually honest, independent thinker comfortable with charting a course away from the crowd. Accomplished stock picker and value-oriented portfolio manager.
David Hunter -
Twitter - https://twitter.com/DaveHcontrarian
LinkedIn - https://www.linkedin.com/in/david-hunter-668ba015/
WTFinance -
Spotify - https://open.spotify.com/show/67rpmjG92PNBW0doLyPvfn
iTunes -https://podcasts.apple.com/us/podcast/wtfinance/id1554934665?uo=4
LinkedIn - https://www.linkedin.com/in/anthony-fatseas-761066103/
Twitter - https://twitter.com/AnthonyFatseas
Interview recorded - 13th of November, 2023
On this episode of the WTFinance podcast I had the pleasure of welcoming back Michael Oliver - Founder of Momentum Structural Analysis.
During our conversation we spoke about Michael's thoughts about the markets, why there is continued stress, what is happening with bonds, what assets will perform and more!
0:00 - Introduction
0:49 - What is Michael currently seeing in markets?
8:42 - Largest companies holding up indexes. Will they remain stable?
17:01 - Has cutting rate/QE been good for equities?
19:02 - What happens when bond prices decrease?
24:07 - What will happen with bonds?
28:53 - One message to takeaway from our conversation?
J. Michael Oliver entered the financial services industry in 1975 on the Futures side, joining E.F. Hutton’s International Commodity Division, headquartered in New York City's Battery Park. He studied under David Johnston, head of Hutton’s Commodity Division and Chairman of the COMEX.
In the 1980s Mike began to develop his own momentum-based method of technical analysis. He learned early on that orthodox price chart technical analysis left many unanswered questions and too often deceived those who trusted in price chart breakouts, support/resistance, and so forth.
In 1987 Mike technically anticipated and caught the Crash. It was then that he decided to develop his structural momentum tools into a full analytic methodology.
In 1992 the Financial VP and head of Wachovia Bank's Trust Department asked Mike to provide soft dollar research to Wachovia. Within a year, Mike shifted from brokerage to full-time technical research. He is also the author of The New Libertarianism: Anarcho-Capitalism.
Michael Oliver -
Website - https://www.olivermsa.com/
Twitter - https://twitter.com/Oliver_MSA
WTFinance -
Spotify - https://open.spotify.com/show/67rpmjG92PNBW0doLyPvfn
iTunes -https://podcasts.apple.com/us/podcast/wtfinance/id1554934665?uo=4
LinkedIn - https://www.linkedin.com/in/anthony-fatseas-761066103/
Twitter - https://twitter.com/AnthonyFatseas
Interview recorded - 7th of May, 2024
On this episode of the WTFinance podcast I had the pleasure of welcoming back Michael Pento. Michael is the President & Founder of Pento Portfolio Strategies.
Michael Pento serves as the President and Founder of Pento Portfolio Strategies (PPS). PPS is a Registered Investment Advisory Firm (RIA) that operates like an actively managed fund without all the expenses. The Model Portfolio uses a proprietary macroeconomic model to determine when and how to invest across an inflation/deflation and economic cycle spectrum. The 20-component model is used to determine the two most important factors when it comes to successful investing: the second derivatives of growth and inflation.
0:00 - Introduction
2:07 - Current outlook on the markets?
4:49 - Why is economy looking strong?
7:25 - Global economy
9:47 - FED have to drive economy into ground?
10:51 - Surprised that FED is dovish?
18:28 - How is Michael positioning himself?
20:18 - What will the FED do?
24:35 - One message to takeaway from our conversation?
Michael Pento -
Website - https://pentoport.com/
Twitter - https://twitter.com/michaelpento?lang=en
LinkedIn - https://www.linkedin.com/in/michael-pento-a1882917b/
WTFinance
Instagram - https://www.instagram.com/wtfinancee/
Spotify - https://open.spotify.com/show/67rpmjG92PNBW0doLyPvfn
iTunes - https://podcasts.apple.com/us/podcast/wtfinance/id1554934665?uo=4
Twitter - https://twitter.com/AnthonyFatseas
Interview recorded - 19th of April, 2024
On this episode of the WTFinance podcast I had the pleasure to welcome back Doomberg.
During our conversation we spoke about the current geopolitical situation, why this is highly inflating oil prices, how oil would be $50 without war, in-depth analysis of the gas markets, the US energy miracle and more. I hope you enjoy!
0:00 - Introduction
2:57 - What does the current geopolitical factors mean?
6:04 - How have we gotten into the geopolitical mess?
8:37 - Missiles and drones are a positive outcome?
10:37 - Who are the good guys?
12:17 - What does this mean for energy?
15:54 - Could oil be lower than $55 with no oil?
20:02 - Is there a tight gas market?
23:21 - Will prices for gas go lower?
27:30 - What happens during a bifurcation of the global economy?
28:04 - Low energy help prevent recession?
31:14 - What impact will data centres have on electricity?
34:59 - One message to takeaway from our conversation?
The group started writing Doomberg in May of 2021 to highlight the fundamentals missing from many economic and policy decisions, and it quickly grew to be one of the most widely read finance newsletters on Substack.
This publication is their passion, and the content is borne out of the team’s deep experience in heavy industry, private equity, and the hard sciences. Family offices and c-suite executives hired them to deliver innovative thinking and clarity to complex problems – they operate as though their subscribers share those same expectations.
Read their full bio here - https://doomberg.substack.com/about
Doomberg -
Substack - https://doomberg.substack.com/
Twitter - https://twitter.com/DoombergT
WTFinance
Instagram - https://www.instagram.com/wtfinancee/
Spotify - https://open.spotify.com/show/67rpmjG92PNBW0doLyPvfn
iTunes - https://podcasts.apple.com/us/podcast/wtfinance/id1554934665?uo=4
Twitter - https://twitter.com/AnthonyFatseas
Interview recorded - 17th of April, 2024
On this episode of the WTFinance podcast I had the pleasure of welcoming back Clive Thompson. Clive's entire career was in wealth management, mainly Swiss private banking. This provides him a unique insight into central banks.
During our conversation we spoke about why we didn't experience a banking crisis in 2023, whether it could be a risk moving forward, governments getting poorer while someone else is getting richer, stickier than expected inflation, financial repression, precious metals and more. I hope you enjoy!
0:00 - Introduction
2:16 - Should we be worried about further banking crisis?
11:21 - Light at end of the tunnel darkening?
13:20 - Maybe long end of yield curve to increase further
15:01 - Stickier than expected inflation?
16:31 - Banks under more pressure?
28:33 - FED and other central banks moving to financial repression?
33:36 - Is this why we’ve seen an increase in precious metals?
43:33 - One message to takeaway from our conversation?
Clive has 47 years of experience in finance & wealth management. This encompasses structuring and advice relating to quoted investments, Private Equity investments, family businesses, tax, residency, real estate, inheritance, Wills, legal, lending, Trusts, Companies and Foundations and all kinds of personal and private advice. He has been actively involved for decades in the arena of Trust structures. This often involved negotiating and discussing the contracts relating to the sale of family companies.
Clive's latest position before retirement was as Managing Director in the Anglophone Private Clients Department of Union Bancaire Privée, UBP SA, based in Geneva. He was responsible for wealth management services provided to a small number of wealthy English and French speaking families.
Clive continues to remain very active in the world of wealth, with a strong focus on Private Equity, and direct Equity Investing via the global stock markets. His passion is the financial analysis of Balance Sheets, P&Ls, Cash Flow and business projections. Clive loves examining business opportunities, like Private Equity, and digging into the fundamentals of quoted companies to achieve a market beating performance.
Clive Thompson -
LinkedIn - https://www.linkedin.com/in/clive-thompson-661997251/
Video - https://www.youtube.com/watch?v=L9aye4wQ8Ok
WTFinance -
Instagram - https://www.instagram.com/wtfinancee/
Spotify - https://open.spotify.com/show/67rpmjG92PNBW0doLyPvfn
iTunes - https://podcasts.apple.com/us/podcast/wtfinance/id1554934665?uo=4
Twitter - https://twitter.com/AnthonyFatseas
Original Interview - 16th of April, 2024
On this episode of the WTFinance podcast I had the pleasure of welcoming on Larry McDonald. Larry is the Founder of the Bear Trap Report and author of the recently released book “How to listen when markets speak”.
During our conversation we spoke about his book, why global inflation could be higher for longer, back to the 60's/70's, the commodity supercycle, debasement of the US Dollar, sanctions, China growth is coming back and more. I hope you enjoy!
Buy the book - https://www.amazon.com/Listen-When-Markets-Speak-Opportunities/dp/0593727495
0:00 - Introduction
1:26 - Influence for writing the book?
3:06 - Current views of macroeconomics?
5:06 - Global inflation
8:03 - Things going back to 60’s/70’s?
12:01 - What influenced the 40 year bubble?
13:11 - Austerity in the US during the 2010’s
15:31 - Why haven’t we experienced a crash?
20:03 - Commodity bull market to push economy into recession?
21:43 - Secular shift?
23:24 - Examples of financial repression?
25:19 - Debasing the US Dollar?
27:14 - Sanctions
28:04 - Commodity countries to benefit?
31:24 - More power to OPEC+?
33:07 - US has never produced more energy
34:24 - China growth is coming back
36:24 - Most surprising aspect of researching for the book
39:54 - One message to takeaway from our conversation?
New York Times bestselling author. Our latest -- "When Markets Speak" -- on sale date from our publisher Penguin Random House is March 26th.
Our first book - “A Colossal Failure of Common Sense” is ranked by the CFA Institute in the "Top 20" Books All-Time in Finance. Now one of the bestselling business books in the world, it's translated into 12 languages with over 750,000 copies sold. Right behind PIMCO, Lawrence McDonald is the #2 influencer in the world in Fixed Income by http://www.rightrelevance.com/ - Join our nearly 120k followers on Twitter @convertbond .
Managing Director, former U.S. Macro strategy head at Societe Generale.
As one of the leading risk managers and market strategists today, Larry is a frequent contributor to Bloomberg, CNBC, MSNBC, and Fox Business. Notably, Larry was a special advisor to the Financial Crisis Inquiry Commission and appeared in the Academy Award-winning documentary, “Inside Job."
Larry has delivered over 160 keynote speeches in 20 countries. He details the complexities of Lehman, why it was allowed to fail, and the aftershocks that have rocked the global economy, and continue today.
From 2004- 2008, Larry was head of the Distressed Debt & Convertible Securities Trading group at Lehman. He ran an extremely successful joint venture between the firm’s fixed income and equity division. Larry was considered one of the firm's most profitable traders. Featured is his global bestseller, during the 2007-2008 period, he led his team in bets against the subprime mortgage crisis, netting over $100m in profits for the doomed firm.
Larry McDonald:
Website - https://www.thebeartrapsreport.com/
LinkedIn - https://www.linkedin.com/in/convertbond/
Book - https://www.amazon.com/Listen-When-Markets-Speak-Opportunities/dp/0593727495
WTFinance -
Instagram - https://www.instagram.com/wtfinancee/
Spotify - https://open.spotify.com/show/67rpmjG92PNBW0doLyPvfn
iTunes - https://podcasts.apple.com/us/podcast/wtfinance/id1554934665?uo=4
Twitter - https://twitter.com/AnthonyFatseas
Interview recorded - 1st of April, 2024
On this episode of the WTFinance podcast I had the pleasure of welcoming back Jesse Felder. Jesse is the Founder of Felder Investment Research and host of Superinvestors.
During our conversation we spoke about Jesse's thoughts on the markets, why we will have a recession, society of speculators, the everything bubble, economic data to watch, how is Jesse positioned and the potential for a commodity supercycle. I hope you enjoy!
0:00 - Introduction
1:31 - Overview of economy and markets
3:41 - Why will we have a recession?
6:14 - Bullish sentiment
9:36 - Titanic signal?
10:41 - What would you compare current market to?
13:52 - What is driving market inflows?
15:30 - Society is becoming more speculative
20:03 - Pressure on Asset Managers
23:27 - Everything bubble?
28:59 - Economic data to watch?
31:38 - Nvidia the stock to watch?
33:27 - Semiconductor arms race
35:13 - How is Jesse looking to position?
38:36 - Recession impact commodities?
40:31 - Production glut in Natural Gas?
43:45 - One message to takeaway from our conversation?
Jesse began his professional career at Bear, Stearns & Co. and later co-founded a multi-billion-dollar hedge fund firm headquartered in Santa Monica, California. Since founding Felder Investment Research, LLC, publisher of The Felder Report, his writing and research has been featured in major publications and websites like The Wall Street Journal, Barron's, Yahoo! Finance, Business Insider, Investing.com and more. Jesse also hosts and produces the Superinvestors and the Art of Worldly Wisdom podcast.
Jesse Felder -
Felder Report - https://thefelderreport.com/
Twitter - https://twitter.com/jessefelder
WTFinance -
Instagram - https://www.instagram.com/wtfinancee/
Spotify - https://open.spotify.com/show/67rpmjG92PNBW0doLyPvfn
iTunes - https://podcasts.apple.com/us/podcast/wtfinance/id1554934665?uo=4
Twitter - https://twitter.com/AnthonyFatseas
Interview recorded - 3rd of April, 2024
On this episode of the WTFinance podcast I had the pleasure of welcoming back Alasdair Macleod - Head of Research for Goldmoney.
During our conversation we spoke about how the FED have lost control, what this means for inflation and interest rates, the potential bond yield blowout, why the system hasn't collapsed yet, gold to continue to go higher and more. I hope you enjoy!
0:00 - Introduction
1:39 - Overview of markets
3:38 - What influenced stop of bond yield blowout?
6:57 - Financial repression to save system?
8:22 - Onshoring to benefit US?
9:42 - Why has system not collapsed yet?
11:20 - No strong economy challenging the US?
14:57 - What is behind the rise in gold?
19:12 - Shift in what credit buys you?
22:00 - Speculators benefit from currency depreciation
23:15 - Real assets to benefit?
28:13 - Other commodities to benefit?
30:45 - China indebted?
35:59 - One message to takeaway from our conversation?
Alasdair Macleod is Head of Research for GoldMoney. He is an educator and advocates for sound money through demystifying finance and economics. His background includes being a stockbroker, banker, and economist.
Alasdair Macleod started his career as a stockbroker in 1970 on the London Stock Exchange. Within nine years, he had risen to become senior partner of his firm.
Subsequently, he held positions at the director level in investment management and worked as a mutual fund manager. Mr. Macleod also worked at a bank in Guernsey as an executive director.
For most of his 40 years in the finance industry, he has been demystifying macroeconomic events for his investing clients. The accumulation of this experience has convinced him that unsound monetary policies are the most destructive weapon governments use against the common man. Accordingly, his mission is to educate and inform the public in layman's terms what governments do with money and how to protect themselves from the consequences.
Alasdair Macleod -
Substack - https://www.goldmoney.com/research
GoldMoney - https://alasdairmacleod.substack.com/
Twitter - https://twitter.com/MacleodFinance
LinkedIn - https://www.linkedin.com/in/alasdair-macleod-9494b27/
WTFinance -
Instagram - https://www.instagram.com/wtfinancee/
Spotify - https://open.spotify.com/show/67rpmjG92PNBW0doLyPvfn
iTunes - https://podcasts.apple.com/us/podcast/wtfinance/id1554934665?uo=4
Twitter - https://twitter.com/AnthonyFatseas
Interview recorded -1st of April, 2024
On this episode of the WTFinance podcast I had the pleasure of welcoming back Matthew Piepenburg. Matthew is a Partner of Von Greyerz AG.
During our conversation we spoke about what is currently happening in the economy, why speculators are the only ones making money, no alternative to the US Dollar, Financial repression, wealth divide and more. I hope you enjoy!
0:00 - Introduction
1:45 - What is currently happening in the economy?
5:57 - Debt owned by bottom 50%
13:25 - Speculators the only ones making the money?
18:22 - No alternative to the US Dollar
28:22 - Strong US Dollar moving forward in short-term?
33:23 - Potential for Financial Repression?
37:33 - Is there away out of the current crisis?
40:19 - How do you get rid of the wealth divide?
45:00 - Last question to takeaway from podcast?
Matt began his finance career as a transactional attorney before launching his first hedge fund during the NASDAQ bubble of 1999-2001
Thereafter, he began investing his own and other HNW family funds into alternative investment vehicles while operating as a General Counsel, CIO and later Managing Director of a single and multi-family office. Matthew worked closely as well with Morgan Stanley’s hedge fund platform in building a multi-strat/multi-manager fund to better manage risk in a market backdrop of extreme central bank intervention/support. The conviction that precious metals provides the most reliable and longer-term protection against potential systemic risk led Matt to join VON GREYERZ.
The author of the Amazon No#1 Release, Rigged to Fail, Matt is fluent in French, German and English; he is a graduate of Brown (BA), Harvard (MA) and the University of Michigan (JD). Along with Egon von Greyerz, Matthew is the co-author of Gold Matters, which offers an extensive examination of gold as an historically-confirmed wealth-preservation asset.
Matthew Piepenburg -
LinkedIn - https://linkedin.com/in/matthewpiepenburg
Website - https://vongreyerz.gold/
WTFinance -
Instagram - https://www.instagram.com/wtfinancee/
Spotify - https://open.spotify.com/show/67rpmjG92PNBW0doLyPvfn
iTunes - https://podcasts.apple.com/us/podcast/wtfinance/id1554934665?uo=4
Twitter - https://twitter.com/AnthonyFatseas
Interview recorded - 26th of March, 2024
On this episode of the WTFinance podcast I had the pleasure of speaking with Michael Howell. Michael is the CEO of CrossBorder Capital.
During our conversation we spoke about Michael's outlook for liquidity, global central bank outlook, why interest rates are not always important, positive outlook for markets in the long term, deficit challenges, assets to perform and more. I hope you enjoy!
0:00 - Introduction
1:30 - What is Michael’s outlook on liquidity?
4:25 - What is the difference between taxes this year?
8:55 - Global central bank outlook
13:35 - Tax income lower than expected?
20:00 - Why is Japanese Yen still weak?
24:51 - Global Liquidity Slides - why is interest rate not important?
34:28 - Positive outlook for markets?
36:16 - Chinese liquidity scenario
43:08 - Does China have to devalue?
46:03 - Deficit challenges globally
47:23 - Assets to perform in current liquidity situation
49:48 - One message to takeaway from our conversation?
Michael Howell is CEO of CrossBorder Capital, a London-based FCA registered, independent research and investment company that he founded in 1996. Previously he was Head of Research for Baring Securities and Research Director of Salomon Brothers Inc, the US investment bank. The liquidity methodology he pioneered monitors cross-border flows and Central Bank behaviour across some 80 countries world-wide. Liquidity flows are a central part of CrossBorder Capital's asset allocation advice, which is currently provided to major global investors, including institutional asset managers, government agencies, Central Banks and endowment funds. Michael has been in financial markets since 1981 and is a regular conference speaker and media commentator. He graduated from Bristol and London Universities with a finance doctorate, specialising in Fixed Income.
Michael Howell -
Website - https://crossbordercapital.com/
Twitter - https://twitter.com/crossbordercap
LinkedIn - https://www.linkedin.com/in/michael-howell-357b1416/?originalSubdomain=uk
WTFinance -
Instagram - https://www.instagram.com/wtfinancee/
Spotify - https://open.spotify.com/show/67rpmjG92PNBW0doLyPvfn
iTunes - https://podcasts.apple.com/us/podcast/wtfinance/id1554934665?uo=4
Twitter - https://twitter.com/AnthonyFatseas
Interview recorded - 19th of March, 2024
On this episode of the WTFinance podcast I had the pleasure of welcoming back Rick Rule. Rick is the Former President & CEO of Sprott U.S. Holdings with decades of experience in the commodities business.
During our conversation we spoke about the weaponization of the US dollar, Central Banks buying gold, gold price bonanza, whether gold could go to $8000, which commodities benefit and more!
0:00 - Introduction
1:12 - Outlook on commodity markets?
4:08 - Will India and other markets grow as fast as China?
6:29 - Which commodities benefit?
9:35 - LNG glut coming online in coming years?
12:16 - More energy required
13:26 - Nuclear to be the best performing clean energy investment?
17:23 - What impact does demand have on Uranium?
19:55 - Is nuclear the future of energy?
21:10 - What is happening in precious metals?
24:20 - Evidence of central banks buying gold?
26:17 - When will gold price go up?
28:42 - Why have Gold Miners not appreciated?
32:43 - How is Rick’s positioned?
34:15 - One message to takeaway from our conversation?
Rick began his career 47 years ago in 1974 in the securities business and has been involved in it ever since. He is known for his expertise in many resource sectors, including agriculture, alternative energy, forestry, oil and gas, mining, and water. In 1990, Rick founded the business now known as Sprott US Holdings” merging in into Sprott Inc. ( SII) in 2011. He retired from Sprott Inc., in 2021, and resigned from the board of directors in 2023, but remains Sprott’s largest shareholder. IMr. Rule is a sought-after speaker at industry conferences, and a frequent contributor to numerous media outlets including CNBC, Fox Business News and BNN. Mr. Rule is actively engaged in private placement markets, through originating and participating in hundreds of debt and equity transactions.
Rick Rule -
Twitter - https://twitter.com/RealRickRule
LinkedIn - https://www.linkedin.com/in/rick-rule-1058921a/
Website - https://ruleinvestmentmedia.com/
Seminar - https://opptravel.zohobackstage.com/TheRuleSymposiumonNaturalResourceInvesting2024#/?affl=WTFinance
WTFinance -
Instagram - https://www.instagram.com/wtfinancee/
Spotify - https://open.spotify.com/show/67rpmjG92PNBW0doLyPvfn
iTunes - https://podcasts.apple.com/us/podcast/wtfinance/id1554934665?uo=4
Twitter - https://twitter.com/AnthonyFatseas
Interview recorded - 19th of March, 2024
On this episode of the WTFinance podcast I had the pleasure of welcoming back David Rosenberg. David is the Founder & President of Rosenberg Research & associates.
During our conversation we spoke about why the recession is still on horizon despite market strength, whether we're in a new economy, whether the FED are taking the right action, unwinding of private credit markets, which assets to perform and more!
0:00 - Introduction
2:14 - Why have we not seen a recession yet?
4:32 - Are we in a new economy since COVID?
12:12 - Will recession impact markets?
17:55 - Are higher interest rates stimulatory?
25:22 - Recession is not about if, but about when
27:32 - Atlanta FED GDP predictions quite accurate
32:02 - What should the FED be doing?
33:52 - FED cutting bullish scenario?
35:37 - Unwinding of private credit markets?
41:22 - Which assets to perform?
48:07 - One message to takeaway from our conversation?
David Rosenberg is the Founder and President of Rosenberg Research & Associates Inc., an economic consulting firm he established in January 2020. He and his team have as their top priority providing investors with analysis and insights to help them make well-informed investment decisions.
Prior to Rosenberg Research, David was Chief Economist & Strategist at Gluskin Sheff + Associates Inc. from 2009 to 2019. From 2002 to 2009, he was Chief North American Economist at Merrill Lynch in New York, during which he was consistently ranked in the Institutional Investor All-Star analyst rankings. Prior thereto, he was Chief Economist and Strategist for Merrill Lynch Canada, based out of Toronto, where he and his team placed first in the Brendan Wood survey of Canadian economists for ten years in a row.
Mr. Rosenberg is a frequent contributor to most major financial newspapers and publications in North America and makes regular TV appearances in the financial media. He received both a Bachelor of Arts and Masters of Arts degree in Economics from the University of Toronto.
David Rosenberg -
Website - https://www.rosenbergresearch.com/
Twitter - https://twitter.com/EconguyRosie
LinkedIn - https://www.linkedin.com/in/david-rosenberg-40800219b/
WTFinance -
Instagram - https://www.instagram.com/wtfinancee/
Spotify - https://open.spotify.com/show/67rpmjG92PNBW0doLyPvfn
iTunes - https://podcasts.apple.com/us/podcast/wtfinance/id1554934665?uo=4
Twitter - https://twitter.com/AnthonyFatseas
Interview recorded - 12th of March, 2024
On this episode of the WTFinance podcast I had the pleasure to welcome back Jim Bianco. Jim Bianco is President and Index Manager at Bianco Advisors. He is also the President of @BiancoResearch .
During our conversation we covered an array of topics, including Jim's outlook on the economy, what actions Powell is likely to take, why the economy is strong but people are struggling, what no interest cuts would have on the markets and how he has positioned himself. I hope you enjoy!
0:00 - Introduction
1:47 - Economy and markets in next 6/12 months
4:00 - What would it take for Powell to cut?
6:38 - What impact does liquidity have on the FED’s actions?
9:20 - How does election provide Powell with less options?
12:55 - What are the main drivers of US economic strength?
18:38 - Economy is strong, but average person is struggling. Why?
21:30 - Boomers continuing to spend
25:05 - What trends will be driving continue economic strength?
28:30 - Onshoring in the US
30:13 - What impact would no change in interest rates have on stock market?
35:55 - Powell hedging his bets?
37:05 - What happens if Powell cuts?
39:40 - Could 3% inflation and 5% interest rates be ok?
42:08 - Fixed vs variable mortgages
43:25 - How will you position yourself?
47:00 - One message to takeaway from our conversation?
Jim Bianco is President and Index Manager at Bianco Research Advisors. He is also the President of Bianco Research LLC. Since 1990, Jim’s commentaries have offered a unique perspective on the global economy and financial markets. Unencumbered by the biases of traditional Wall Street research, Jim has built a decades long reputation for objective, incisive commentary that challenges consensus thinking.
Jim appears regularly on CNBC, Bloomberg, and Fox Business, and is often featured in the Wall Street Journal, Bloomberg News, Grants Interest Rate Observer, and MarketWatch. Jim has a Bachelor of Science degree in Finance from Marquette University (1984) and an MBA from Fordham University (1989).
Jim Bianco:
Research: https://www.biancoresearch.com/visitor-home/
ETF: https://www.biancoadvisors.com/
X: https://twitter.com/intent/follow?screen_name=biancoresearch&tw_p=followbutton
LinkedIn: https://www.linkedin.com/in/james-bianco-117619152/
WTFinance -
Instagram - https://www.instagram.com/wtfinancee/
Spotify - https://open.spotify.com/show/67rpmjG92PNBW0doLyPvfn
TikTok - https://vm.tiktok.com/ZMeUjj9xV/
iTunes - https://podcasts.apple.com/us/podcast/wtfinance/id1554934665?uo=4
Linkedin - https://www.linkedin.com/in/anthony-fatseas-761066103/
Twitter - https://twitter.com/AnthonyFatseas
Interview recorded - 27th of February, 2024
Why could the bull market continue for a few more months? What could be the catalyst for institutions to start selling stocks? Outlook on Nvidia, Meta, US dollar and Uranium? We spoke about this and more with Chris Vermeulen.
Chris is the Founder & Chief Market Strategist at The Technical Traders.
0:00 - Introduction
1:48 - What is Chris currently seeing in the markets?
7:29 - Double top in the near future?
9:51 - What would make Chris bearish?
13:18 - Bearish shift?
14:44 - Nvidia & Meta?
19:43 - What would it take for Chris to turn short?
21:58 - Risk of 50% drawdowns on S&P?
23:58 - US Dollar
26:33 - Uranium
28:08 - Catalyst for switching back to stock market after bottom?
30:13 - Chris’ technical analysis approach
34:08 - One message to takeaway from our conversation?
Chris Vermeulen is a visionary investor who pioneered an industry-breaking method of investing called “Asset Revesting.” Chris introduced this innovative approach in his latest book, “Asset Revesting – How to Exclusively Hold Assets Rising in Value, Profit During Bear Markets, and Continue Building Wealth in Retirement.“
Chris’s journey in the financial world began in 1997 at 16. Using his innate talent for trading and risk management, Chris earned enough money to pay for his final year of college, where he earned a business diploma in operations management. He then transitioned into a full-time entrepreneur and trader, achieving financial freedom in his 20s.
His expertise in technical analysis led him to create systematic processes that uncover unique trading and investment opportunities. A persistent advocate for managing portfolio risk, Chris has little faith in the buy-and-hold strategy, which often entails holding onto depreciating assets.
Chris’s innovative approach to asset allocation emphasizes efficiency, resulting in systems that manage portfolio positions, exhibit low drawdowns, and consistently outperform the markets. His short-term and long-term strategies are perfect for those seeking proven techniques to manage and protect capital.
Chris is widely recognized as an exceptional technical trader, possessing profound insight and a keen understanding of market trends. He shares his wisdom in his book “Technical Trading Mastery, Second Edition – 7 Steps to Win with Logic,” further solidifying his reputation as a trailblazer in the financial industry.
Chris Vermeulen -
Website - https://thetechnicaltraders.com/
Twitter - https://twitter.com/TheTechTraders
YouTube - @TheTechnicalTraders
WTFinance -
Instagram - https://www.instagram.com/wtfinancee/
Spotify - https://open.spotify.com/show/67rpmjG92PNBW0doLyPvfn
iTunes - https://podcasts.apple.com/us/podcast/wtfinance/id1554934665?uo=4
Twitter - https://twitter.com/AnthonyFatseas
Original Interview - 20th of February, 2024
On this episode of the WTFinance podcast I had the pleasure of speaking with Ted Oakley for a third time. Ted is the Founder and current Managing Director of @OxbowAdvisors .
During our conversation we spoke about Ted's thoughts on the market, why we could have reached a market top, what mistakes the FED have made, the divergence between main & wall street and more. I hope you enjoy!
0:00 - Introduction
0:47 - What is Ted seeing in the markets?
1:48 - Negative news currently coming out?
2:33 - Did the FED make a mistake in October?
3:54 - What do market tops look like?
5:34 - Hard to imagine more fiscal support
6:17 - How should FED act?
7:22 - Where does Ted see markets in 3-6 months?
9:27 - Was 2022 a bear market?
12:44 - Was the last year a bull market?
12:54 - Main street struggling while Wall Street thriving
14:27 - How has consumer kept head above the water?
16:27 - Largest drivers continuing to grow, is this time different?
19:07 - What would Ted see to change perspective on bull market?
21:25 - What would Ted own?
22:34 - Concern of oil saturation?
24:03 - Where will economy be in 2025?
26:01 - Does Ted take into account the election?
28:27 - One message to take away from our conversation?
Ted Oakley is Managing Partner and Founder of Oxbow Advisors. With more than forty years of experience in advising high net worth clients in the investment industry, Oakley implements the firm’s proprietary investment strategies and the “Oxbow Principles” to provide a unique investment perspective. He is a frequent guest on FOX Business News, Bloomberg Radio, KITCO News, Cheddar TV, Yahoo Finance, and many more.
Mr. Oakley is a Chartered Financial Analyst (CFA) and a Certified Financial Planner (CFP). He is a member of the Austin Society of Financial Analysts. He is also a Partner of Herndon Plant Oakley Ltd., an investment company. He is a Board Member of Texas State Aquarium, American Bank, and American Bank Holding Company. Mr. Oakley is a United States Army Veteran.
Mr. Oakley began his career in Dallas, Texas, over 35 years ago. He is the author of nine books: You Sold Your Company, $20 Million and Broke, Rich Kids Broke Kids – The Failure of Traditional Estate Planning, Crazy Time – Surviving the First 12 Months after Selling Your Company, Wall Street Lies, Danger Time, My Story, The Psychology of Staying Rich, and Your Money Mentality.
Mr. Oakley’s primary philanthropic interest is helping children. He is Chairman Emeritus and Founder of the Foster Angels of South Texas, the largest foster child foundation in South Texas, as well as Chairman Emeritus and Founder of Austin, Texas-based Foster Angels of Central Texas. Also, President and Founder of Advocates for Foster Children Foundation.
Ted Oakley -
Website - https://oxbowadvisors.com/
Twitter - https://twitter.com/Oxbow_Advisors
LinkedIn - https://www.linkedin.com/in/ted-oakley-08444a32/
YouTube - @OxbowAdvisors
WTFinance -
Spotify - https://open.spotify.com/show/67rpmjG92PNBW0doLyPvfn
iTunes -https://podcasts.apple.com/us/podcast/wtfinance/id1554934665?uo=4
LinkedIn - https://www.linkedin.com/in/anthony-fatseas-761066103/
Twitter - https://twitter.com/AnthonyFatseas
Interview recorded - 12th of February, 2024
On this episode of the WTFinance I had the pleasure of speaking with Lyn Alden. Lyn is one of the foremost macro strategists, Founder of Lyn Alden Investment Strategy & author of the book “Broken Money: Why Our Financial System is Failing Us and How We Can Make it Better”.
Buy the book here - https://www.amazon.co.uk/Broken-Money-Financial-System-Failing-ebook/dp/B0CGNVNXK2/
During this conversation we spoke about what Lyn is currently seeing in the macro environment, the push and pull of fiscal & monetary policies, why stocks are at all-time highs, whether we could be moving into a crack-up boom scenario and more!
0:00 - Introduction
1:20 - What is Lyn seeing in Macro?
4:55 - Push and Pull of Fiscal & Monetary policy
8:00 - What prevented liquidity crunch last year?
10:35 - What others tools do they have for liquidity?
12:26 - Future liquidity scenarios?
15:40 - Reducing interest rates while continuing QT?
17:16 - Why is the stock market at all time highs?
19:09 - What assets to perform?
21:45 - Crack up boom?
22:48 - Can US continue deficits?
25:05 - Could the US move to austerity?
28:10 - Deflation vs higher inflation
29:50 - Why is our financial system failing us?
33:50 - CBDC a risk?
37:10 - What impact does higher energy costs have on blockchains?
39:29 - Outlook for Crypto & Bitcoin in 2024?
42:40 - One message to takeaway from our conversation?
Lyn runs an investment research service for both retail and institutional investors at LynAlden.com. Her focus is on fundamental investing with a global macro overlay, with an emphasis on equities, currencies, commodities, and digital assets.
Lyn has also worked for over a decade in the aviation industry in a range of roles, starting as an electronics engineer and moving into project and facility management, and engineering finance. Eventually she became the head engineer and head of technical procurement for the facility, before retiring in my 30s.
Lyn has a bachelor's in electronics engineering and a master's in engineering management, with a focus on engineering economics and financial modelling.
Lyn Alden -
Website - https://www.lynalden.com/
LinkedIn - https://www.linkedin.com/in/lynalden/
Twitter - https://twitter.com/lynaldencontact?lang=en
WTFinance -
Instagram - https://www.instagram.com/wtfinancee/
Spotify - https://open.spotify.com/show/67rpmjG92PNBW0doLyPvfn
iTunes - https://podcasts.apple.com/us/podcast/wtfinance/id1554934665?uo=4
Twitter - https://twitter.com/AnthonyFatseas
Interview recorded - 5th of February, 2024
On this episode of the WTFinance podcast I had the pleasure of welcoming on Danielle DiMartino Booth. Danielle is the CEO & Chief Strategist for QI Research, a research and analytics firm.
During our conversation we spoke about Danielle's thoughts on the markets, what the recent job losses mean for the economy, whether the economy is currently on its last legs, could commercial real estate be another credit event catalyst and what this means for the FED in 2024. I hope you enjoy!
0:00 - Introduction
1:30 - What is Danielle thoughts about the economy?
3:55 - Already in a recession?
4:45 - Where will interest rates go?
6:00 - Is Powell making a mistake?
7:00 - US going the way of China?
8:40 - A job hasn’t been created until February 2023?
12:20 - Will Powell make bigger cuts?
14:10 - Is Powell looking at leading indicators?
14:52 - Any unique data points?
15:50 - Commercial Real Estate - a catalyst for another credit event?
18:40 - What would Danielle do as Chairperson of the FED?
20:43 - Cut interest rates while continuing QT?
22:22 - Which assets could perform during 2024?
25:00 - One message to takeaway from conversation?
DiMartino Booth set out to launch a #ResearchRevolution, redefining how market intelligence is conceived and delivered to guide portfolio managers and promote financial literacy. To build QI, she brought together a core team of investing veterans to analyze the trends and provide critical analysis on what is driving the markets – both in the United States and globally.
Since their inception in 2015, commentary and data from DiMartino Booth’s The Daily Feather and The Weekly Quill have appeared in other financial sources such as Bloomberg, CNBC, Fox Business, Institutional Investor, Yahoo Finance, The Wall Street Journal, MarketWatch, Seeking Alpha, TD Ameritrade, TheStreet.com, and more.
A global thought leader in monetary policy, economics, and finance, DiMartino Booth founded QI Research in 2015. She is the author of FED UP: An Insider’s Take on Why the Federal Reserve is Bad for America (Portfolio, Feb 2017), a business speaker, and a commentator frequently featured on CNBC, Bloomberg, Fox News, Fox Business News, BNN Bloomberg, Yahoo Finance and other major media outlets.
Prior to QI Research, DiMartino Booth spent nine years at the Federal Reserve Bank of Dallas. She served as Advisor to President Richard W. Fisher throughout the financial crisis until his retirement in March 2015. Her work at the Fed focused on financial stability and the efficacy of unconventional monetary policy.
DiMartino Booth began her career in New York at Credit Suisse and Donaldson, Lufkin & Jenrette where she worked in the fixed-income, public equity, and private equity markets. DiMartino Booth earned her BBA as a College of Business Scholar at the University of Texas at San Antonio. She holds an MBA in Finance and International Business from the University of Texas at Austin and an MS in Journalism from Columbia University.
Danielle DiMartino Booth -
Website - https://quillintelligence.com/
Twitter - https://twitter.com/DiMartinoBooth
YouTube - @DanielleDiMartinoBoothQI
WTFinance -
Spotify - https://open.spotify.com/show/67rpmjG92PNBW0doLyPvfn
iTunes -https://podcasts.apple.com/us/podcast/wtfinance/id1554934665?uo=4
LinkedIn - https://www.linkedin.com/in/anthony-fatseas-761066103/
Twitter - https://twitter.com/AnthonyFatseas
Interview recorded - 29th of January, 2024
On this episode of the WTFinance podcast I had the pleasure of welcoming back Simon Hunt.
During our conversation we spoke about whether an economic depression is on the horizon, catalyst for a deflation, debt driven growth in China, risk of conflict and more!
0:00 - Introduction
1:45 - Economic Depression on Horizon?
9:10 - Catalyst for deflation?
10:40 - Geopolitics escalating to the point of a global conflict?
13:00 - Can China still be a threat to the US?
15:25 - Debt driven growth in China?
18:10 - BRICs vs the world?
21:50 - What impact will conflict have on the economy?
23:15 - What assets will perform during this period?
24:50 - One message to takeaway from our conversation?
Simon Hunt began his career in 1956 in Central Africa as a PA to the Chairman of Rhodesian Selection Trust, one of the two large copper companies in what was then Northern Rhodesia, now Zambia.
In 1961 he came back to London and joined Anglo American Corporation of South Africa as a PA to one of the Board Directors, followed by being part of a small sales and marketing team for copper. From there, he helped start up a new copper development organisation, CIDEC, financed by copper producers, which he then joined, focusing on conducting end-use studies of copper in Europe.
He then went into the City to gain financial experience and founded Brook Hunt in 1975. He was instrumental in setting up the company’s cost studies and end-use analyses. He appeared as material witness and consultant in two ITC anti-dumping cases in 1978 and 1984, winning both at the commission level.
He has spent 2-4 months every year in China since 1993 and until a few years ago would be visiting some 80 wire and cable and brass mill factories across the country every year. He now restricts these factory visits to a smaller number, all of which he has known for many years. He also spends many weeks each year traveling around Asia.
The focus of the company’s services is on the global economy, including the changing geopolitical and financial structures, China’s economy and its copper sector, and then the global copper industry as each part is interconnected.
Simon is the author of the “Frontline China Report Service,” which is marketed by the TIS Group. The Service provides regular reports on China’s economy, politics, and financial outlook.
Simon established this company in January 1996.
Simon Hunt -
Website - https://www.simon-hunt.com/
Email - simon@shss.com
WTFinance -
Spotify - https://open.spotify.com/show/67rpmjG92PNBW0doLyPvfn
iTunes -https://podcasts.apple.com/us/podcast/wtfinance/id1554934665?uo=4
LinkedIn - https://www.linkedin.com/in/anthony-fatseas-761066103/
Twitter - https://twitter.com/AnthonyFatseas
Interview recorded - 19th of January, 2023
Substack - https://rubino.substack.com/
On this episode of the WTFinance podcast I had the pleasure of welcoming back John Rubino. John was the Founder of dollarcollapse.com, author/co-author of 5 books and has a great Substack.
During our conversation we spoke about whether good news is bad for the markets, Deja vu of back end of 2022, unwinding of 40 years of economic exuberance, mass bankruptcies, whether the FED has pivoted and if US government obligations can be repaid. I hope you enjoy!
0:00 - Introduction
1:11 - What is John seeing in economy & markets in 2024?
6:12 - Is bad news good news for the markets?
9:34 - Deja vu, similar to end of 2022?
12:32 - Unwinding of 40yrs of Exuberance?
15:24 - Mass Bankruptcies
19:37 - What drove inflation the past few years?
22:39 - Has the FED pivoted?
26:24 - Trump hostile to FED
28:59 - Large deficits for foreseeable future
31:14 - Can the obligations been paid for?
38:59 - One message to takeaway from our conversation?
John Rubino is a former Wall Street financial analyst and author or co-author of five books, including The Money Bubble: What To Do Before It Pops and Clean Money: Picking Winners in the Green-Tech Boom. He founded the popular financial website DollarCollapse.com in 2004 and sold it in 2022.
John's newsletter provides actionable advice, based on a couple of premises:
-
The financial world is spinning out of control and will get considerably worse before it gets better.
-
There are things we can do to improve our odds of surviving and thriving as the chaos unfolds.
John Rubino -
Substack - https://rubino.substack.com/
LinkedIn - https://www.linkedin.com/in/john-rubino-a952146/
WTFinance -
Spotify - https://open.spotify.com/show/67rpmjG92PNBW0doLyPvfn
iTunes -https://podcasts.apple.com/us/podcast/wtfinance/id1554934665?uo=4
LinkedIn - https://www.linkedin.com/in/anthony-fatseas-761066103/
Twitter - https://twitter.com/AnthonyFatseas
Interview recorded - 17th of January, 2023
On this episode of the WTFinance podcast I had the pleasure of welcoming back @gcelente . Gerald is the Founder/Director of the Trends Research Institute and Publisher of the Trends Journal.
During our conversation we spoke about the trends Gerald are watching in 2024, "When all else fails, they will take you to war", whether Biden runs for president, Synthetic Devolution and which assets to perform during this period.
0:00 - Introduction
1:44 - What trends is Gerald watching out for in 2024?
4:28 - “When all else fails, they will take you to war”
8:35 - Middle East Meltdown
11:46 - Weakness creates conflict, not strength
15:21 - What impact will the largest election year in history have?
18:01 - Will Biden run for president?
19:46 - Synthetic Devolution
27:41 - Which assets to perform during this period?
36:06 - One message to takeaway from our conversation?
Gerald Celente is the Founder/Director of the Trends Research Institute and Publisher of the weekly Trends Journal magazine. He is the author of the highly acclaimed and best-selling books “Trend Tracking” and “Trends 2000” (Warner Books).
With a 43-year track record of identifying, tracking, and forecasting trends, Celente is world-renowned as today’s #1 Trend Forecaster. Celente has earned the reputation as a trusted name in trends for his many accurate forecasts; among them, the 1987 Stock Market crash, Dot com bust, “Gold Bull Run,” “Panic of ‘08,” the rise of organic foods, and the popularity of gourmet coffee long before Starbucks was a household name. Celente, who developed the Globalnomic methodology to identify, track, forecast, and manage trends, is a political atheist. Unencumbered by political dogma, rigid ideology, or conventional wisdom, Celente, whose motto is “Think for Yourself,” observes and analyzes current events forming future trends for what they are – not for how he wants them to be. A true American Patriot, Celente owns three pre-Revolutionary stone buildings on the most historic corner in America, where the seeds of Democracy were sown, Colonial Kingston, New York’s first Capitol. Self-described as a “Warrior for the Prince of Peace,” Gerald Celente is also the Founder “Occupy Peace & Freedom,” a not-for-profit movement to honor the Constitution and Bill of Rights and restore Freedoms.
Gerald Celente -
Journal - https://trendsjournal.com/
YouTube - @gcelente
Twitter - https://twitter.com/geraldcelente
WTFinance -
Spotify - https://open.spotify.com/show/67rpmjG92PNBW0doLyPvfn
iTunes -https://podcasts.apple.com/us/podcast/wtfinance/id1554934665?uo=4
LinkedIn - https://www.linkedin.com/in/anthony-fatseas-761066103/
Twitter - https://twitter.com/AnthonyFatseas
Interview recorded - 10th of January 2024
On this episode of the WTFinance podcast I have the pleasure of welcoming back David Hunter for a 4th time. David is a contrarian macro strategist with 49 years of experience on Wall Street.
During this conversation we spoke about David's thoughts in 2024, why we will see the largest stock market rally in history, what this means for inflation, what causes the stock market rally, whether the FED can save the market and more. I hope you enjoy!
0:00 - Introduction
0:56 - What Will Happen in 2024?
2:13 - Biggest rally in history
9:03 - Broad market rally?
9:28 - Inflation impact on markets?
10:48 - Institutional Investors to drive market
14:13 - S&P500 breaking all-time highs?
15:48 - Stocks Up, Dollar Down & Energy Down?
18:38 - Which industries in cyclicals to perform?
22:08 - Catalyst for the peak then crash?
31:13 - Would Powell increase interest rates?
32:48 - Underlying economic issues
35:48 - Japan precursor for globe
38:18 - How do equities perform during high inflation?
41:08 - Will FED be unable to save market?
46:28 - One message to takeaway from our podcast?
Investment professional with 25 years of investment management experience and 20 years as a sell-side strategist with strong expertise in macroeconomic analysis and portfolio management. My strong macro capabilities combined with a contrarian philosophy have allowed me to forecast economic cycles and spot market trends well ahead of the consensus. Intellectually honest, independent thinker comfortable with charting a course apart from the crowd. Accomplished stock picker and value-oriented portfolio manager.
David Hunter -
Twitter - https://twitter.com/DaveHcontrarian
LinkedIn - https://www.linkedin.com/in/david-hunter-668ba015/
WTFinance -
Spotify - https://open.spotify.com/show/67rpmjG92PNBW0doLyPvfn
iTunes -https://podcasts.apple.com/us/podcast/wtfinance/id1554934665?uo=4
LinkedIn - https://www.linkedin.com/in/anthony-fatseas-761066103/
Twitter - https://twitter.com/AnthonyFatseas
Interview recorded - 5th of January, 2024
On this episode of the WTFinance podcast I had the pleasure of welcoming back Henrick Zeberg for the first interview of the year! Henrik is a Macro Economist, the Founder and Publisher of the Zeberg Report.
During our conversation we spoke about Henrik's Outlook for 2024, why stock market will continue to rip until April this year, the impending recession similar to 2008, what assets will benefit during recession and stagflation afterwards and more. I hope you enjoy!
0:00 - Introduction
3:28 - Henrik's Outlook for 2024?
5:13 - The Business Cycle
8:50 - Disconnect between Economic Indicators?
12:48 - Henrik’s 2024 Timeline
15:11 - Supply Chain Shock?
18:43 - US Fiscal Capacity?
22:58 - Risk-On Assets
25:28 - What would influence Henrik to shift from bullish to bearish?
26:43 - Repeat of 2008
31:03 - Back to easy money after recession?
32:18 - Positions after top?
35:53 - One message to takeaway from conversation?
Henrik Zeberg is a Macroeconomist (M.Sc. Econ) from the University of Copenhagen. He is a Business Cycles student, Elliott Wave practitioner, and Chartist. You can find out more about his newsletter on his Website.
Henrik Zeberg -
Newsletter - https://www.thezebergreport.com/
Twitter - https://twitter.com/HenrikZeberg
WTFinance -
Instagram - https://www.instagram.com/wtfinancee/
Spotify - https://open.spotify.com/show/67rpmjG92PNBW0doLyPvfn
iTunes - https://podcasts.apple.com/us/podcast/wtfinance/id1554934665?uo=4
Twitter - https://twitter.com/AnthonyFatseas
Interview recorded - 19th of December, 2023
This week I had the pleasure of welcoming back David Hay - Co-Chief Investment Officer of Evergreen Gavekal.
During our conversation we talked about the David's current thoughts on markets, whether we are in a new bull market or bear rally, assets David is currently watching and more. I hope you enjoy!
0:00 - Introduction
0:45 - Current thoughts on markets
3:05 - Preventing Trump returning to power?
6:20 - FED providing maximum optionality?
9:20 - Consensus skewed to bullish side
11:10 - Do we understand the impact QT has on markets?
14:05 - Long End of Bond Market to help FED?
15:15 - New bull market or bear rally?
19:20 - Opportunities in small caps?
24:47 - Case for Strong US Economy?
27:00 - What attracted David to Emerging Markets Debt?
29:20 - What else is David watching?
33:05 - Industries that are out of love
36:37 - One message to takeaway from our conversation?
David Hay acquired the majority interest in Evergreen Gavekal (at the time, Evergreen Capital Management) in 2002. He continues to serve his long-time clients and acts as Co-Chief Investment Officer with special emphasis in macro-economic research.
David has been employed in the securities industry since 1979 when he joined Dean Witter Reynolds, now Morgan Stanley. He rose to the position of Senior Vice President in 1983. In 1985 he was the youngest member to be elected to Dean Witter’s elite Chairman’s Council. David and his team joined Smith Barney in 1990 and were instrumental in establishing the Portfolio Advisory Program. Fulfilling the positions of Senior Vice President, Senior Portfolio Manager and Director, David also served on the Smith Barney Directors Advisory Group, gaining valuable experience in merger integration and client service enhancement.
In 2022, David released his highly anticipated book, Bubble 3.0: Who blew it and how to protect yourself when it blows apart. The book explores why he believes the financial markets are headed toward a third iteration of past market rotations. Accordingly, he believes there are a number of investment areas/asset classes poised to benefit from what he has begun referring to as “The New World Disorder”.
David currently spends the winter months in Indian Wells, Ca., with his wife, Mindy, and two dogs, Nova and Roscoe. In early June, they will be moving into their new home in Liberty Lake, Wash.
David Hay Interviews -
Haymaker as Host interview: https://www.youtube.com/watch?v=EnDy6SGoG00
MicroNuclear explanatory video: https://www.youtube.com/watch?v=Fb2Op0mWlUw
David Hay -
Twitter - https://twitter.com/Haymaker_0
Website - https://evergreengavekal.com/
Substack - https://haymaker.substack.com/
WTFinance -
Instagram - https://www.instagram.com/wtfinancee/
Spotify - https://open.spotify.com/show/67rpmjG92PNBW0doLyPvfn
iTunes - https://podcasts.apple.com/us/podcast/wtfinance/id1554934665?uo=4
Twitter - https://twitter.com/AnthonyFatseas
Interview recorded - 15th of December, 2023
On this episode of the WTFinance podcast I had the pleasure of welcoming back Grant Williams for a third time!.
During our conversation we spoke about what Grant is seeing in markets, whether the FED are hedging their bets, have they vanquished inflation, what is happening with gold, the everything bubble, politics and more. Hope you enjoy!
0:00 - Introduction
0:23 - Grants opinion on Macro?
2:32 - FED Hedging bets?
4:35 - Strong conviction until you don’t
5:42 - Investors shaped by good times
7:50 - FED reaction time has reduced
8:40 - risk they could lose more credibility?
12:20 - Became well know after going off Gold Standard
14:55 - Inflation
16:50 - Similarities to Greenspan cutting in 1990’s?
19:20 - What is Grant seeing with Gold?
23:19 - Investors diversifying with gold?
24:30 - risk of consensus?
26:55 - How does Grant look at risk?
31:04 - All assets are going up
32:10 - Trump vs Biden in 2024?
36:26 - More controversary & polarisation around the world
38:25 - Inflation amplifying issues since 2008
41:50 - Social unrest in the 70’s?
42:30 - How will wealth be diverted?
45:50 - Taxing unrealised gains
48:41 - One message to takeaway from our conversation?
Grant Williams, much to his dismay, has logged over 35 years in finance. During that time, he’s lived and worked in seven major financial centres from London to Sydney, building the kind of network that many others can only dream about.
He began his career in the Japanese equity market in the mid-1980s, before a three-year posting to Tokyo ensured he had a ringside seat as the twin bubbles in equities and real estate burst simultaneously and spectacularly at the end of 1989. After a short stint back in London, Grant relocated once again, this time to New York, where he spent 7 years. Subsequent postings have taken him to Hong Kong, Sydney, Singapore, and the Cayman Islands.
Currently, he is a senior advisor to Matterhorn Asset Management AG https://goldswitzerland.com/ in Switzerland, and a portfolio and strategy advisor to Vulpes Investment Management https://www.vulpesinvest.com/ in Singapore.
Back in 2014, Grant’s ambition to bring the most intelligent, engaging, and original people in finance to a wider audience led him to co-found Real Vision https://www.realvision.com/, an on-demand internet-based financial media platform.
Grant’s twin Real Vision interview series, 'In Conversation With…' and 'On The Road' raised the bar for financial content – engaging and educating viewers in equal measure and helping them learn the secrets behind a group of extraordinary investors’ success.
Long before Real Vision, however, Grant was guiding people around the fringes of finance with his regular newsletter, Things That Make You Go Hmmm… https://www.grant-williams.com/ttmygh_newsletters/, a publication which, from humble beginnings as a daily note to a few friends and colleagues, has grown into one of the most widely-read financial publications in the world.
Grant Williams -
Website - https://www.grant-williams.com/
Twitter - https://twitter.com/ttmygh
WTFinance -
Instagram - https://www.instagram.com/wtfinancee/
Spotify - https://open.spotify.com/show/67rpmjG92PNBW0doLyPvfn
TikTok - https://vm.tiktok.com/ZMeUjj9xV/
iTunes - https://podcasts.apple.com/us/podcast/wtfinance/id1554934665?uo=4
Linkedin - https://www.linkedin.com/in/anthony-fatseas-761066103/
Twitter - https://twitter.com/AnthonyFatseas
Interview recorded - 11th of December, 2023
On this episode of the WTFinance podcast I had the pleasure of welcoming on George Robertson - a veteran of the Fixed Income industry with over 40 years of experience and a very unique view on the FED.
During our conversation we spoke about why the FED does not exist, how the economy is currently handling high interest rates, the narrative is all the FED control, what this means for assets and more. I hope you enjoy!
0:00 - Introduction
2:13 - Why does the FED not exist?
21:23 - Why is the economy handling interest rate increases?
24:56 - Issues with repo market in 2019?
28:58 - The narrative is all the FED controls
36:23 - Are the media really supporting the FED?
43:23 - What is an overshoot?
50:12 - Exuberance due to dovish FED?
53:13 - Peak exuberance then 2008 like crash
57:34 - One message to takeaway from our conversation?
George has worked in Fixed income, equity, Fed, vol, options for 40 years. This included for Solomon, Mulheren, Bass FO, Cargill as Portfolio Manager & CIO.
George Robertson -
X: https://twitter.com/BickerinBrattle
Substack: https://themonetaryfrontier.substack.com/
Video on Theory - https://t.co/7gFxd5g2Vh
WTFinance -
Instagram - https://www.instagram.com/wtfinancee/
Spotify - https://open.spotify.com/show/67rpmjG92PNBW0doLyPvfn
iTunes - https://podcasts.apple.com/us/podcast/wtfinance/id1554934665?uo=4
Twitter - https://twitter.com/AnthonyFatseas
Interview recorded - 8th of December, 2023
On this episode of the WTFinance podcast I had the pleasure of welcoming on Peter Grandich - Founder of Peter Grandich & Company.
During our conversation we spoke about what Peter is seeing in the market, "Don't worry, Be Happy" bias in Wall Street, current issues globally, assets which Peter believes are undervalued, BRIC's and more. I hope you enjoy!
0:00 - Introduction
1:57 - What is Peter currently seeing in markets?
8:22 - “Don’t Worry, Be Happy” bias
9:22 - What is the current pension issue?
12:07 - Pensioners having to sell down their assets when they retire?
15:12 - Timeframe on stock market fall?
17:47 - Number one growth area is Crime
20:12 - Assets which will perform well in coming years?
25:32 - What type of metals will Peter be looking at?
26:22 - Who will be what BRICs produce?
28:02 - China growth story over?
30:27 - The world is more dangerous
31:52 - One message to takeaway from our conversation?
Peter Grandich entered Wall Street in the mid-1980s with neither formal education nor training, and within three years was appointed Head of Investment Strategy for a leading New York Stock Exchange-member firm. He would go on to hold positions as Chief Market Strategist, Portfolio Manager for four hedge funds and a mutual fund that bore his name. His abilities have resulted in hundreds of media interviews, including Good Morning America, Fox News, CNBC, Wall Street Journal, Barron’s, Financial Post, Globe and Mail, US News & World Report, New York Times, Business Week, MarketWatch, Business News Network and dozens more. He has spoken at investment conferences around the globe, edited numerous investment newsletters and was one of the more sought-after financial commentators.
His autobiography, Confessions of a Wall Street Whiz Kid, was first published in the fall of 2011. The second edition was released in 2014, while the third edition, Confessions of a Former Wall Street Whiz Kid, was issued in October 2015. The fourth edition of the book was later released in April 2019, and the fifth edition was issued in May 2021.
The fifth edition of the book is currently available on Amazon.com, but you can also read the book for free online. Read the book online.
Grandich was the editor and publisher of The Grandich Letter from 1984 to 2014. He was also Senior Commentator for Moneytalks.net from 2013 to 2015.
In 2013, Grandich founded the Athletes & Business Alliance (ABA), a private organization of professional athletes and business executives who exchange ideas and build relationships with an emphasis on capitalizing on the talents of all involved. A symbiotic organization, ABA is a network of accomplished individuals in an environment where one can develop personal associations with a structured and supportive system of giving and receiving business. The ABA boasts a select membership of diverse senior-level executives, high net worth business owners, and both active and retired pro athletes. By invitation only, high-level corporate and business decision-makers and prominent athletes intermingle. To achieve success, businesses must utilize effective marketing tools, secure new customers to generate repeat business and provide superior customer service that engenders loyalty. The ABA provides an environment to do this and more.
Peter Grandich currently resides in New Jersey with his wife, Mary, and they have one daughter, Tara.
Peter Grandich -
Website - https://petergrandich.com/
X - https://twitter.com/PeterGrandich
YouTube - @Peter-Grandich
Blog - https://petergrandich.com/blog-posts/
WTFinance -
Instagram - https://www.instagram.com/wtfinancee/
Spotify - https://open.spotify.com/show/67rpmjG92PNBW0doLyPvfn
iTunes - ht
Interview Recorded - 7th of December, 2023
On this episode of the WTFinance podcast we had the pleasure of speaking with Rafi Faber - the @endgameinvestor .
During our conversation we spoke about whether the FED have landed the plane, what is happening in repo markets, why banks aren't lending to each other, whether the FED can save the system again, why Gold is increasing and more. I hope you enjoy!
0:00 - Introduction
2:08 - Does Rafi agree with recent rhetoric that the FED have landed the plane?
4:05 - What are repo markets and why are they important?
7:30 - Banks having capital constraints?
9:53 - Realising bond losses?
12:02 - Can the FED save the world again?
14:09 - Secure overnight finance markets?
16:30 - Why is gold and precious metals increasing?
19:40 - Surprised banks are buying gold?
21:56 - Silver in a 90 year trend?
24:05 - One message to takeaway from our conversation?
Rafi Farber -
YouTube - @endgameinvestor
Seeking Alpha - https://seekingalpha.com/checkout?service_id=mp_1347
Patreon - https://www.patreon.com/endgameinvestor
Twitter - https://twitter.com/RafiFarber
WTFinance -
Instagram - https://www.instagram.com/wtfinancee/
Spotify - https://open.spotify.com/show/67rpmjG92PNBW0doLyPvfn
iTunes - https://podcasts.apple.com/us/podcast/wtfinance/id1554934665?uo=4
Twitter - https://twitter.com/AnthonyFatseas
Interview recorded - 4th of December, 2023
On this episode of the WTFinance podcast I had the pleasure of speaking with Mario Innecco.
During our conversation we spoke about Mario's thoughts on the economy, why markets have held up, CPI is not real inflation, whether the economy is going into a recession and more. I hope you enjoy!
0:00 - Introduction
1:50 - What is Mario currently watching in the economy?
4:30 - Changed how GDP is measured
5:40 - Surprised how markets have held up?
7:26 - Not showing real inflation?
9:38 - Going into a recession?
13:15 - What assets is Mario focusing on?
15:20 - Why has gold gone up in price?
16:37 - Gold a safe haven again?
17:40 - Room for people to invest in assets?
19:00 - One message to takeaway from our conversation?
Mario has been running his YouTube channel maneco64 since November 2015.
His background is in financial markets and economics. He worked for over twenty years in the City of London and specialised in the exchange-traded derivatives market.
Mario dealt for major financial institutions and corporate entities advising clients on the government bond market, interest rates, financial markets in general and the economy. He has also been an ardent student of the Austrian School of Economics.
Through his videos and also articles here on his blog he endeavours to inform the public about how the financial markets and our current fiat monetary system functions.
Mario Innecco -
YouTube - @maneco64
Twitter - https://twitter.com/maneco1964
LinkedIn - https://www.linkedin.com/in/mario-innecco-a329416b/?originalSubdomain=uk
Website - https://www.maneco64.net/
WTFinance -
Instagram - https://www.instagram.com/wtfinancee/
Spotify - https://open.spotify.com/show/67rpmjG92PNBW0doLyPvfn
iTunes - https://podcasts.apple.com/us/podcast/wtfinance/id1554934665?uo=4
Twitter - https://twitter.com/AnthonyFatseas
Interview recorded - 27th of November, 2023
On this episode of the WTFinance podcast I had the pleasure of welcoming back Nick Glinsman - Co-Founder at Malmgren-Glinsman Partners.
During this conversation we spoke about Nick's current thoughts on the US markets/economy, why he believes the US will avoid recession in 2024, one-off investment buoying economic growth, what this means for bond markets,
the Japanese bond market and more. I hope you enjoy!
0:00 - Introduction
0:57 - What is Nick currently seeing in the US markets/economy?
15:35 - Economy will be strong for the next year
19:45 - Can the consumer really continue to be strong?
24:15 - Risk of a regular recession?
34:35 - Worlds biggest carry trade is the Japanese government
39:40 - Onshoring & AI booms one-off’s improving economic growth
41:45 - One message to takeaway from our conversation?
Nick Glinsman -
Research Website - https://d5d0c2-2.myshopify.com/
Twitter - https://twitter.com/nglinsman
LinkedIn - https://www.linkedin.com/in/nick-glinsman-75b53/?originalSubdomain=uk
WTFinance -
Instagram - https://www.instagram.com/wtfinancee/
Spotify - https://open.spotify.com/show/67rpmjG92PNBW0doLyPvfn
iTunes - https://podcasts.apple.com/us/podcast/wtfinance/id1554934665?uo=4
Twitter - https://twitter.com/AnthonyFatseas
Interview recorded - 17th of November, 2023
On this episode of the WTFinance podcast I had the pleasure of speaking with Lawrence Lepard - Founder of Equity Management Associates and a sound money advocate.
During our conversation we spoke about Lawrence's current thoughts on the market, risk of everything bubble bursting, whether the FED can land the plane, geopolitical shifts, why something is going to break, Bitcoin and more! I hope you enjoy.
0:00 - Introduction
1:16 - What is happening in the markets?
6:17 - Has the FED landed the plane?
9:30 - Monetary inflation vs real inflation?
14:24 - Geopolitical shifts
14:58 - Commodity super cycle to crash
16:17 - Stock market doesn’t always go up
17:38 - Higher yields for longer?
21:03 - Dollar is better than other currencies
24:03 - Something is going to break soon
30:48 - Any other assets that will protect wealth during monetary debasement?
33:08 - Concern about Bitcoin correlation with the NASDAQ?
35:38 - Spot ETF a bad thing for Bitcoin?
38:08 - One message to takeaway from our conversation?
Larry founded Equity Management Associates, LLC (EMA) in 2006. EMA is an equity investment management firm that invests in growing private and public companies located around the world.
Since 2008, EMA has focused on investing in companies which mine the monetary metals, gold and silver. Larry presently serves on the Board of Directors of two development-stage gold mining companies: Lavras Gold Corp. (Toronto/Brazil) and Rise Gold Corp. (California). He has been a frequent guest of many media outlets including Bloomberg Television for his expertise on the monetary metals market. Prior to founding EMA, he spent 13 years at Geocapital Partners (Geo) in Fort Lee, NJ. There, he was one of two Managing General Partners and was responsible for four venture capital funds, aggregating ~$500 million. At Geo, he invested and/or served on the boards of many successful deals including Autoweb, Jackson Hewitt, Netcom, and Realtor.com.
Prior to Geo, Larry spent seven years at Summit Partners in Boston, MA and Newport Beach, CA, where he established Summit’s West Coast office. Larry was a General Partner in Summit I and Summit II and invested and/or served on the boards of Chips & Technologies and Software Spectrum, among other investments. Earlier in his career, Larry worked in the Mergers & Acquisitions Group of Smith Barney, Harris Upham & Co.
Lawrence Lepard -
Website - https://www.ema2.com/
Twitter - https://twitter.com/LawrenceLepard
WTFinance -
Instagram - https://www.instagram.com/wtfinancee/
Spotify - https://open.spotify.com/show/67rpmjG92PNBW0doLyPvfn
iTunes - https://podcasts.apple.com/us/podcast/wtfinance/id1554934665?uo=4
Twitter - https://twitter.com/AnthonyFatseas
Interview recorded - 13th of November, 2023
On this episode of the WTFinance podcast I had the pleasure of welcoming back Michael Oliver - Founder of Momentum Structural Analysis.
During our conversation we spoke about Michael's thoughts about the markets, why there is continued stress, what is happening with bonds, what assets will perform and more!
0:00 - Introduction
0:49 - What is Michael currently seeing in markets?
8:42 - Largest companies holding up indexes. Will they remain stable?
17:01 - Has cutting rate/QE been good for equities?
19:02 - What happens when bond prices decrease?
24:07 - What will happen with bonds?
28:53 - One message to takeaway from our conversation?
J. Michael Oliver entered the financial services industry in 1975 on the Futures side, joining E.F. Hutton’s International Commodity Division, headquartered in New York City's Battery Park. He studied under David Johnston, head of Hutton’s Commodity Division and Chairman of the COMEX.
In the 1980s Mike began to develop his own momentum-based method of technical analysis. He learned early on that orthodox price chart technical analysis left many unanswered questions and too often deceived those who trusted in price chart breakouts, support/resistance, and so forth.
In 1987 Mike technically anticipated and caught the Crash. It was then that he decided to develop his structural momentum tools into a full analytic methodology.
In 1992 the Financial VP and head of Wachovia Bank's Trust Department asked Mike to provide soft dollar research to Wachovia. Within a year, Mike shifted from brokerage to full-time technical research. He is also the author of The New Libertarianism: Anarcho-Capitalism.
Michael Oliver -
Website - https://www.olivermsa.com/
Twitter - https://twitter.com/Oliver_MSA
WTFinance -
Spotify - https://open.spotify.com/show/67rpmjG92PNBW0doLyPvfn
iTunes -https://podcasts.apple.com/us/podcast/wtfinance/id1554934665?uo=4
LinkedIn - https://www.linkedin.com/in/anthony-fatseas-761066103/
Twitter - https://twitter.com/AnthonyFatseas
Interview recorded - 14th of November, 2023
On this episode of the WTFinance podcast I had the pleasure of speaking with @EconomicNinja.
During our conversation we spoke about what he is currently seeing in the markets, disconnect between markets and the economy, who would replace the US Dollar, short-term gain long-term pain, assets to focus on in this period and more!
0:00 - Introduction
1:15 - What is Ninja seeing in the markets?
5:01 - Disconnect between markets and the economy
9:11 - Core CPI rather than just CPI
10:21 - Other trends to keep economy from crashing?
13:58 - Who would replace the US Dollar?
16:21 - Gold back transactions
18:05 - US deficit dependent on yields
21:56 - Market up short-term, risk long-term
23:09 - Markets go up in election year
24:12 - Any assets Ninja is focusing on in this period?
Economic Ninja has been an entrepreneur since he started selling candy in the 6th grade. He thrived on challenges, economics and business. He "flipped" quite a few homes in the early 2000s and has owned multiple rental properties, so he has a lot of personal experience with real estate transactions, loans, remodelling homes. He has "a super human thirst for economic knowledge." He spends many hours every day listening to and reading articles on market trends, interest rate cycles, and all aspects of economics and the world of finance.
Economic Ninja -
YouTube - @EconomicNinja
Real Estate YouTube - @RealEstateNinja1
Twitter - https://twitter.com/economyninja
Instagram - https://www.instagram.com/economic_ninja/?hl=en
TikTok - https://www.tiktok.com/@economicninja
WTFinance -
Instagram - https://www.instagram.com/wtfinancee/
Spotify - https://open.spotify.com/show/67rpmjG92PNBW0doLyPvfn
iTunes - https://podcasts.apple.com/us/podcast/wtfinance/id1554934665?uo=4
Twitter - https://twitter.com/AnthonyFatseas
Interview recorded - 10th of November, 2023
On this episode of the WTFinance podcast I have the pleasure of welcoming back Weston Nakamura - Founder & Host of @acrossthespreadYT .
During our conversation we spoke about
0:00 - Introduction
2:21 - What is Weston currently seeing in global bond markets?
12:46 - Are the BoJ unwinding yield control?
21:31 - Will Japanese bonds follow a similar trend to the US?
25:36 - Why is there a correlation between BoJ & other bonds?
29:56 - Why is the Yen remaining weak with increasing yields?
38:21 - Wil global yields/JGB yields rising?
44:41 - Yield control and yen protection can’t both go forever
47:46 - One message to takeaway from our conversation?
Weston is the founder of Across The Spread, a platform providing investors and market participants across the world with daily commentary and analysis on Asia markets and Asia-originated macro developments of consequence and impact to broader global markets. Prior to founding Across the Spread, Weston entered the world of financial media content creation as Global Markets Editor at Real Vision. As a former listed derivatives trader at Goldman Sachs and hedge fund sales at Jefferies Japan, Weston takes a global approach across asset classes including equities, rates, currencies, commodities and crypto through the lens of market price action, cross-asset relationships, investor flow behavior, and central banks and government policy activity.
Weston Nakamura -
Website - https://acrossthespread.com/
X - https://twitter.com/acrossthespread
YouTube - @acrossthespreadYT
WTFinance -
Instagram - https://www.instagram.com/wtfinancee/
Spotify - https://open.spotify.com/show/67rpmjG92PNBW0doLyPvfn
iTunes - https://podcasts.apple.com/us/podcast/wtfinance/id1554934665?uo=4
Twitter - https://twitter.com/AnthonyFatseas
Interview recorded - 7th of November, 2023
On this episode of the WTFinance podcast I had the pleasure of speaking with Jared Dillian - a writer, author, DJ, and speaker.
During our conversation we spoke about why a recession is inevitable, whether a FED pivot is imminent, how this will impact bond prices, how to be financially successful and more. I hope you enjoy!
0:00 - Introduction
1:04 - Jared’s current thoughts about what is happening in the markets?
3:18 - Was recent GDP read abnormal?
4:00 - Key indicators Jared will be watching
6:26 - What would have to happen for the FED to pivot?
7:46 - Why would FED cut if recession isn’t deep?
10:16 - Would cutting be good for equities?
11:44 - Why won’t we see a new normal?
14:06 - Are geopolitical risk being price into market?
15:31 - What was Jared’s influence for writing his book?
20:11 - Will we continue to see the 60/40 portfolio?
21:26 - One message to takeaway from conversation?
Jared Dillian is the editor The Jared Dillian Letter at Jared Dillian Money.
Jared also writes The Daily Dirtnap. And he hosts the BE SMART podcast, where he shares punchy, unconventional personal finance advice.
From 2001 to 2008, Jared worked at Lehman Brothers—first as an index arbitrage trader and then as head of the ETF trading desk, where he routinely traded over $1 billion a day in volume.
After Lehman, Jared started his own newsletter, The Daily Dirtnap, where he shares a wealth of trade ideas for sophisticated, self-directed investors.
Jared’s Street Freak advisory translates the Dirtnap’s unique market commentary into specific, actionable investment guidance, while Strategic Portfolio gives subscribers the premier “set it and forget it” portfolio.
If you want to dip your toes in the waters of Jared’s inimitable writing style and analysis, consider reading Jared Dillian Money, his free weekly e-letter.
Jared’s memoir, Street Freak: Money and Madness at Lehman Brothers, was named Businessweek’s #1 general business book of 2011. He published his first novel, All the Evil of This World, in 2016. He has a new book coming out on January 23, No Worries: How to Live a Stress-Free Financial Life.
Pre-order your copy here: www.buynoworries.com
Jared has been a regular contributor at Bloomberg Opinion, Forbes, and other major outlets. He has been featured on MSNBC, Bloomberg TV, The New York Times, The Wall Street Journal, LA Times, Business Insider, and dozens of local and syndicated radio programs. Additionally, he was an adjunct professor in the graduate business program at Coastal Carolina University from 2013–2018.
Jared Dillian’s ideas and writing can be found at Jared Dillian Money.
Jared Dillian:
Website - http://jareddillianshow.com/
TikTok - https://www.tiktok.com/@jareddillianmoney
Instagram - https://www.instagram.com/jareddillianmoney/
Twitter - https://twitter.com/dailydirtnap
WTFinance -
Instagram - https://www.instagram.com/wtfinancee/
Spotify - https://open.spotify.com/show/67rpmjG92PNBW0doLyPvfn
iTunes - https://podcasts.apple.com/us/podcast/wtfinance/id1554934665?uo=4
Twitter - https://twitter.com/AnthonyFatseas
Interview recorded - 10th of November, 2023
On this episode of the WTFinance podcast I had the pleasure of welcoming back Francis Hunt - Trader, Technical Analyst, Teacher and originator of the Hunt Volatility Funnel Method.
During our conversation we spoke about Francis' thoughts about the market, why we are in an anti-goldilocks economy, whether shorter duration investments will benefit, which assets will hold their value and more. I hope you enjoy!
0:00 - Introduction
1:20 - Anti-goldilocks economy?
23:00 - Are there comparisons to the past?
32:55 - Shorter duration investments to benefit?
41:03 - Will any countries benefit during this period?
53:05 - Which assets will hold their value?
1:12:05 - One message to takeaway from our conversation?
Francis Hunt, as the originator of the Hunt Volatility Funnel trading methodology, describes himself as a Trader, Technical Analyst and Teacher, is known from his YouTube channel as TheCryptoSniper. He is also the Founder of The Market Sniper.
Stemming from his over 30 years of experience and deep immersion in trading and technical analysis of various markets, this unique approach to trading is the culmination of everything he found to have been valuable and profitable on a consistent, reliable basis, distilled into a single all-encompassing trading system that can easily be learned and internalized by others.
Francis Hunt made his first investments in 1987 pre-crash and bought his first option in 1991 and has been trading equities and other assets since. He is a technical trader who believes all information related to an asset is reflected in its price and therefore reveal the true market sentiment of that asset.
In addition to being a highly successful trader and technical analyst, Francis also enjoys teaching his trading methodology to others. He built a community of like-minded traders around him that supports him and each other with trade ideas and positive reinforcement in an otherwise lonely and harsh environment.
Francis Hunt -
YouTube - @TheMarketSniper1
Website - https://themarketsniper.com/
Twitter - https://twitter.com/themarketsniper
WTFinance -
Instagram - https://www.instagram.com/wtfinancee/
Spotify - https://open.spotify.com/show/67rpmjG92PNBW0doLyPvfn
iTunes - https://podcasts.apple.com/us/podcast/wtfinance/id1554934665?uo=4
Twitter - https://twitter.com/AnthonyFatseas
Interview recorded - 7th of November, 2023
On this episode of the WTFinance podcast I have the pleasure of welcoming back Marc Faber for a third time. Marc is a well known contrarian investor & the Editor and Publisher of the “Gloom, Boom & Doom Report”.
During our conversation we spoke about whether Marc still believe there will be a bear market, shift to short duration assets, how the FED is loosening monetary policy, what central bankers should be doing, regions that Marc is interested in & how to invest in emerging markets. I hope you enjoy!
0:00 - Introduction
2:06 - Could we still see a decade long bear market?
6:12 - Shorter term duration to benefit?
9:32 - Why has unemployment remained low if in a recession?
12:25 - When will data show a recession?
14:10 - How is the FED loosening monetary policy and reducing real wages?
19:45 - Money is tight in the real economy
21:30 - Higher inflation for longer
26:25 - What should central bankers do?
29:15 - What changes would Marc make if he were FED chair?
30:00 - Regions Marc is watching
31:45 - How do you invest in emerging markets?
33:05 - Marc’s thoughts on Indonesia, Mexico & Argentina?
34:34 - One message to takeaway from conversation?
Dr Marc Faber was born in Zurich, Switzerland. He went to school in Geneva and Zurich and finished high school with the Matura. He studied Economics at the University of Zurich and, at the age of 24, obtained a PhD in Economics magna cum laude.
Between 1970 and 1978, Dr Faber worked for White Weld & Company Limited in New York, Zurich and Hong Kong. Since 1973, he has lived in Hong Kong. From 1978 to February 1990, he was the Managing Director of Drexel Burnham Lambert (HK) Ltd.
In June 1990, he set up his own business, publishing a widely read monthly investment newsletter “THE GLOOM BOOM & DOOM” report which highlights unusual investment opportunities.
He is also the author of several books including “TOMORROW’S GOLD – Asia’s Age of Discovery” which was first published in 2002 and highlights future investment opportunities around the world. “TOMORROW’S GOLD” was for several weeks on Amazon’s best seller list and has been translated into Japanese, Korean, Thai and German.
Dr. Faber is also a regular contributor to several leading financial publications around the world.
A book on Dr Faber, “RIDING THE MILLENNIAL STORM”, by Nury Vittachi, was published in 1998.
A regular speaker at various investment seminars, Dr Faber is well known for his “contrarian” investment approach.
Marc Faber -
Website - https://www.gloomboomdoom.com/
Twitter - https://twitter.com/gloomboomdoom?lang=en
LinkedIn - https://www.linkedin.com/in/marc-faber-gloomboomdoom/?originalSubdomain=hk
WTFinance -
Instagram - https://www.instagram.com/wtfinancee/
Spotify - https://open.spotify.com/show/67rpmjG92PNBW0doLyPvfn
iTunes - https://podcasts.apple.com/us/podcast/wtfinance/id1554934665?uo=4
Twitter - https://twitter.com/AnthonyFatseas
Interview recorded - 30th of October, 2023
On this episode of the WTFinance podcast I have the pleasure of welcoming Jeff Snider - One of the foremost experts on the global monetary system and Host of Eurodollar University.
During this conversation we spoke about what Jeff is seeing in the economy, what this means for the bond markets, collateral issues, why the recession has not been cancelled but delayed and what is happening in China. I hope you enjoy!
0:00 - Introduction
1:11 - What is Jeff seeing in markets and the economy?
4:13 - What is the short end doing that most aren’t considering?
5:48 - Supply and demand issue for long bonds?
9:13 - What is the short end tell us?
11:53 - Why collateral could lead to deflation?
16:18 - Increasing yields reduced collateral pool?
18:23 - What impact will BoJ policy changes have on collateral?
20:53 - Is there the risk that the economy has shifted?
24:03 - Manufacturing PMI increasing, Service PMI decreasing?
25:48 - Weak employment data coming through?
27:59 - What will happen to the economy in the next 6 months?
29:53 - Could we have a financial crisis?
32:48 - More regional bank risk?
36:58 - Can China prevent an economic meltdown?
41:02 - One message to takeaway from our conversation?
Jeff Snider is one of the foremost experts on the global monetary system, specifically the eurodollar money system, and all aspects of its misunderstood inner workings and how they impact global markets, commerce, and economy. His podcast - Eurodollar University - aims to educate the public on the evolution and nature, and nuances of the eurodollar system and true monetary principles. He is a regular contributor to Real Clear Markets and a columnist for the Epoch Times, and is active on Twitter as well as He has been a guest on countless programs including MacroVoices, and Real Vision for his insights into the Eurodollar system, LIBOR, and repo/securities lending markets., etc.
Jeff Snider -
YouTube - @eurodollaruniversity
Website - https://www.eurodollar.university/
Twitter - https://twitter.com/JeffSnider_AIP
WTFinance -
Spotify - https://open.spotify.com/show/67rpmjG92PNBW0doLyPvfn
iTunes -https://podcasts.apple.com/us/podcast/wtfinance/id1554934665?uo=4
LinkedIn - https://www.linkedin.com/in/anthony-fatseas-761066103/
Twitter - https://twitter.com/AnthonyFatseas
Interview recorded - 27th of October, 2023
On this episode of the WTFinance podcast I had the pleasure of speaking with Adam Rozencwajg - Managing Partner at Goehring & Rozencwajg.
On this episode of the podcast we spoke about what is happening in the energy markets, underinvestment in energy over the past decade, risk of price fluctuations, what this means for prices and more. I hope you enjoy!
0:00 - Introduction
1:00 - What is Adam currently seeing in energy markets?
5:25 - CAPEX or Geopolitical issue in energy investment?
9:58 - Would embargo impact the US?
12:00 - Are the energy markets tight?
13:35 - Odds of an energy embargo?
16:53 - What happens with less buffer in energy markets?
17:45 - Key drivers of energy demand?
18:37 - What is happening in the gas markets?
22:10 - US upstream equities?
23:30 - Investment thesis behind uranium?
27:25 - Any mines scheduled to come online in near-term?
27:55 - Other commodities Adam is watching?
29:08 - One message to takeaway from conversation?
Currently, Adam is the Managing Partner of Goehring & Rozencwajg, Natural Resource Investors.
Adam has many years of investment experience. Between 2007 and 2015, he worked exclusively on the Global Natural Resources Fund at Chilton Investment Company with Mr. Goehring.
Prior to joining Chilton Investment Company, Adam worked in the Investment Banking department at Lehman Brothers between 2006 and 2007.
He holds a Bachelor of Arts degree with a major in Economics/Philosophy from Columbia University and is a CFA charter-holder.
Adam Rozencwajg -
Website - https://www.gorozen.com/
Twitter - https://twitter.com/Go_Rozen
LinkedIn - https://www.linkedin.com/in/adam-rozencwajg-770614/
WTFinance -
Instagram - https://www.instagram.com/wtfinancee/
Spotify - https://open.spotify.com/show/67rpmjG92PNBW0doLyPvfn
iTunes - https://podcasts.apple.com/us/podcast/wtfinance/id1554934665?uo=4
Twitter - https://twitter.com/AnthonyFatseas
Interview recorded - 26th of October, 2023
On this episode of the WTFinance podcast I had the pleasure of speaking with Michael Pento - President & Founder of Pento Portfolio Strategies.
During our conversation we spoke about Michael's thoughts on current markets, why it could be stagflation or depression after a stock crash in 2024, what will happen for the dollar, whether it is possible to save the markets and assets to protect wealth during this period. I hope you enjoy!
0:00 - Introduction
1:09 - What is Michael’s thoughts on the market?
5:28 - Indicators to pay attention to?
9:00 - Stagflation period?
14:53 - Deflation during the recession?
17:17 - What will happen with the dollar?
19:58 - Bonds to de-correlate from equities?
24:50 - Is it possible to save the markets?
27:43 - What assets protect wealth during that period?
29:13 - Holding reverse ETFs
30:28 - One message to takeaway from our conversation
Michael Pento serves as the President and Founder of Pento Portfolio Strategies (PPS). PPS is a Registered Investment Advisory Firm (RIA) that operates like an actively managed fund without all the expenses. The Model Portfolio uses a proprietary macroeconomic model to determine when and how to invest across an inflation/deflation and economic cycle spectrum. The 20-component model is used to determine the two most important factors when it comes to successful investing: the second derivatives of growth and inflation.
Michael Pento -
Website - https://pentoport.com/
Twitter - https://twitter.com/michaelpento?lang=en
LinkedIn - https://www.linkedin.com/in/michael-pento-a1882917b/
WTFinance
Instagram - https://www.instagram.com/wtfinancee/
Spotify - https://open.spotify.com/show/67rpmjG92PNBW0doLyPvfn
iTunes - https://podcasts.apple.com/us/podcast/wtfinance/id1554934665?uo=4
Twitter - https://twitter.com/AnthonyFatseas
Interview recorded - 19th of October, 2023
On this episode of the WTFinance podcast I had the pleasure of welcoming back Doomberg .
During our conversation we spoke about whether the US is still driving enemies together, current Middle East conflict impact on energy, Europe this winter and more. I hope you enjoy!
0:00 - Introduction
1:09 - Is the US continuing to drive enemies together?
3:34 - Greatest risk from the middle east conflict?
5:19 - Impact on energy security?
8:34 - Geopolitical risks globally
10:34 - What is happening in energy?
12:14 - Underestimating chance of a recession in the US?
14:39 - Where is the risk?
16:22 - Venezuela oil a benefit?
19:09 - Will Europe be ok this winter?
21:58 - One message to takeaway from our conversation?
The group started writing Doomberg in May of 2021 to highlight the fundamentals missing from many economic and policy decisions, and it quickly grew to be one of the most widely read finance newsletters on Substack.
This publication is their passion, and the content is borne out of the team’s deep experience in heavy industry, private equity, and the hard sciences. Family offices and c-suite executives hired them to deliver innovative thinking and clarity to complex problems – they operate as though their subscribers share those same expectations.
Read their full bio here - https://doomberg.substack.com/about
Doomberg -
Substack - https://doomberg.substack.com/
Twitter - https://twitter.com/DoombergT
WTFinance
Instagram - https://www.instagram.com/wtfinancee/
Spotify - https://open.spotify.com/show/67rpmjG92PNBW0doLyPvfn
iTunes - https://podcasts.apple.com/us/podcast/wtfinance/id1554934665?uo=4
Twitter - https://twitter.com/AnthonyFatseas
Interview recorded - 20th of October, 2023
On this episode of the WTFinance podcast I had the pleasure of speaking with Michael Howell - Founder & Managing Director of CrossBorder Capital.
During our conversation we spoke about what is currently happening in liquidity markets, whether the FED could go towards yield control, whether all liquidity is created equal, disconnect between inflation and bond prices and more. I hope you enjoy!
0:00 - Introduction
1:40 - What is currently happening in liquidity markets?
4:08 - Will Powell let the bond markets take control?
6:15 - Could the FED go towards yield control?
8:35 - Will they have to bring in financial repression?
13:18 - Potential for another bank financial crisis?
15:45 - Bigger liquidity required for the financial system
31:45 - Is all liquidity created equal or will we see diminishing returns?
33:53 - What does increasing liquidity mean for markets?
39:55 - Disconnect between inflation and bond prices?
40:23 - One message to takeaway from our conversation?
Michael Howell is CEO of CrossBorder Capital, a London-based FCA registered, independent research and investment company that he founded in 1996. Previously he was Head of Research for Baring Securities and Research Director of Salomon Brothers Inc, the US investment bank. The liquidity methodology he pioneered monitors cross-border flows and Central Bank behaviour across some 80 countries world-wide. Liquidity flows are a central part of CrossBorder Capital's asset allocation advice, which is currently provided to major global investors, including institutional asset managers, government agencies, Central Banks and endowment funds. Michael has been in financial markets since 1981 and is a regular conference speaker and media commentator. He graduated from Bristol and London Universities with a finance doctorate, specialising in Fixed Income.
Michael Howell -
Website - https://crossbordercapital.com/
Twitter - https://twitter.com/crossbordercap
LinkedIn - https://www.linkedin.com/in/michael-howell-357b1416/?originalSubdomain=uk
WTFinance -
Instagram - https://www.instagram.com/wtfinancee/
Spotify - https://open.spotify.com/show/67rpmjG92PNBW0doLyPvfn
iTunes - https://podcasts.apple.com/us/podcast/wtfinance/id1554934665?uo=4
Twitter - https://twitter.com/AnthonyFatseas
Interview recorded - 19th of October 2023
On this episode of the WTFinance podcast I had the pleasure of welcoming on Jim Bianco - President and Macro strategist at Bianco Research.
On this episode we spoke about increasing yields on the long end, the new normal, why this could lead to higher inflation for longer, economic indicators that Jim believes show the new normal, assets to outperform current situation and more. I hope you enjoy!
0:00 - Introduction
1:19 - What is Jim currently watching?
5:14 - Why would a pivot increase yields on the long end?
13:44 - What level will bonds have to be for the FED to intervene?
17:19 - Have economist been caught of guard by the new normal?
22:04 - Current economic indicators to watch?
26:19 - Will fiscal spending remain the same?
29:43 - What assets outperform current scenario?
36:34 - One message to takeaway from our conversation?
Jim Bianco is President and Macro Strategist at Bianco Research, L.L.C. Since 1990 Jim’s commentaries have offered a unique perspective on the global economy and financial markets. Unencumbered by the biases of traditional Wall Street research, Jim has built a decades long reputation for objective, incisive commentary that challenges consensus thinking. In nearly 20 years at Bianco Research, Jim’s wide ranging commentaries have addressed monetary policy, the intersection of markets and politics, the role of government in the economy, fund flows and positioning in financial markets.
Jim appears regularly on CNBC, Bloomberg and Fox Business, and is often featured in the Wall Street Journal, Bloomberg News, Grants Interest Rate Observer, and MarketWatch. Prior to joining Arbor and Bianco Research, Jim was a Market Strategist in equity and fixed income research at UBS Securities and Equity Technical Analyst at First Boston and Shearson Lehman Brothers. He is a Chartered Market Technician (CMT) and a member of the Market Technicians Association (MTA). Jim has a Bachelor of Science degree in Finance from Marquette University (1984) and an MBA from Fordham University (1989).
Jim Bianco -
Website - https://www.biancoresearch.com/visitor-home/
Twitter - https://twitter.com/biancoresearch
YouTube - @BiancoResearch
WTFinance -
Instagram - https://www.instagram.com/wtfinancee/
Spotify - https://open.spotify.com/show/67rpmjG92PNBW0doLyPvfn
iTunes - https://podcasts.apple.com/us/podcast/wtfinance/id1554934665?uo=4
Twitter - https://twitter.com/AnthonyFatseas
Interview recorded - 11th of October, 2023
On this episode of the WTFinance podcast I had the pleasure of speaking with Didier Sornette - Emeritus Professor of Entrepreneurial Risks at ETH Zurich; and Chair Professor and co-Dean of the Institute of Risk Analysis, Prediction, and Management (Risks-X) at the Southern University of Science and Technology (SUSTech) Shenzhen.
During our conversation we spoke about whether you can predict financial crises, how this was done during 2008, what Didier is seeing in current markets and how this may link to the current bond markets. I hope you enjoy!
0:00 - Introduction
1:41 - Can you predict financial crises?
5:26 - Finding preluding indicators before crises?
9:21 - What did Didier see during 2008 to see risk in the housing markets?
16:21 - FED’s trying to reduce risk as much as possible
23:56 - Are we currently heading towards a crisis?
36:00 - Bond market housing market comparison?
42:01 - One message to takeaway from our conversation?
Didier Sornette is Emeritus Professor of Entrepreneurial Risks at ETH Zurich, and Chair Professor and co-Dean of the Institute of Risk Analysis, Prediction, and Management (Risks-X) at the Southern University of Science and Technology (SUSTech) Shenzhen. Since his recent retirement from ETH Zurich, Professor Sornette has been working actively with the private sector on developing socially important products with clear applications in the medical field and in dynamic financial risk management.
Professor Sornette is using data-driven mathematical statistical analysis to study the predictability and control of crises and extreme events in complex systems. His key contribution is to use nonlinear multi-variable dynamical settings that include both positive and negative feedback. The results obtained help us better understand the overall stability and instability of financial markets.
Didier Sornette -
Website - https://emeritus.er.ethz.ch/about-us/people/sornette.html
Publications - https://www.researchgate.net/profile/Didier-Sornette
WTFinance -
Instagram - https://www.instagram.com/wtfinancee/
Spotify - https://open.spotify.com/show/67rpmjG92PNBW0doLyPvfn
iTunes - https://podcasts.apple.com/us/podcast/wtfinance/id1554934665?uo=4
Twitter - https://twitter.com/AnthonyFatseas
Interview recorded - 10th of October, 2023
On this episode of the WTFinance podcast I had the pleasure of welcoming back - “The Robin Hood of Wall Street” and Founder of Traders Choice.
During our conversation we spoke about the continued debt issue, what is happening with government bonds, why we are seeing a liquidity vacuum, the current system and more. I hope you enjoy!
0:00 - Introduction
1:04 - What are we currently seeing in the markets?
5:16 - What is happening in the debt market?
8:10 - What is happening in long duration government bonds?
11:55 - Why is there a liquidity vacuum?
15:45 - Will we see a changing system in the short term?
18:40 - What will be the first to crack?
21:10 - Crises to benefit assets?
26:45 - Precious metals benefit when debt markets have issues
28:10 - One message to takeaway from our conversation?
Gregory Mannarino, also known as "The Robin Hood Of Wall Street," is an active/full time trader of the capital markets with a world-wide following.
Born on July 22, 1965, he became interested in "Wall Street," like many others at the time, in 1987 after seeing the movie Wall Street with Michael Douglas. Around that time he was able to get an entry level position, then subsequently to the trading floor, at the now defunct bank Bear Stearns, but within a relatively short time realized that working on Wall Street was not like the movies and moved on.
He went on to get a medical degree and practiced medicine as a Physician Assistant beginning in 1996, now retired from practice. He also served in the United States Naval Reserve Medical Service Corps, having attained the rank of Lieutenant. Gregory even published a book on casino Blackjack strategies years later, and was banned from playing the game in Las Vegas casinos.
Gregory Mannarino -
YouTube - https://www.youtube.com/c/GregoryMannarino
Traders Choice - https://traderschoice.net/
WTFinance -
Instagram - https://www.instagram.com/wtfinancee/
Spotify - https://open.spotify.com/show/67rpmjG92PNBW0doLyPvfn
iTunes - https://podcasts.apple.com/us/podcast/wtfinance/id1554934665?uo=4
Twitter - https://twitter.com/AnthonyFatseas
Interview recorded - 6th of October, 2023
On this episode of the WTFinance podcast I have the pleasure of speaking with Amir Goren - Principal at the Economic Defense Fund.
During our conversation we spoke about whether a FED pivot will cause a stock market crash, what impact interest rates have on markets, strong economic drivers and how long the future recession could be. I hope you enjoy!
0:00 - Introduction
1:50 - What is Amir seeing in the markets?
6:56 - No clear FED expectations could crash markets?
10:32 - What would increasing oil prices do to markets?
13:32 - Strong employment numbers in the US
17:36 - What would influence a pivot?
21:42 - What will the future recession be?
22:37 - More pain for longer?
25:32 - Is there a risk of bonds impacting US government
29:49 - How far could the market drop?
33:07 - One message to takeaway from our conversation?
Amir Goren’s unique investment approach is based on a combination of his macroeconomic analytical and econometric expertise as well as his technological background.
He holds a Ph.D in Economics from UC Irvine, MS in Biomedical Enterprise from Harvard and MIT as well as MBA and Bachelors’ in Engineering degrees from Tel Aviv University.
Amir Goren -
LinkedIn - https://www.linkedin.com/in/amirgoren/
Twitter - https://twitter.com/EconomicDefense
Substack - https://econdef.substack.com/
Website - https://www.economicdefensefund.com/
WTFinance -
Instagram - https://www.instagram.com/wtfinancee/
Spotify - https://open.spotify.com/show/67rpmjG92PNBW0doLyPvfn
iTunes - https://podcasts.apple.com/us/podcast/wtfinance/id1554934665?uo=4
Twitter - https://twitter.com/AnthonyFatseas
Interview recorded - 2nd of October, 2023
On this episode of the WTFinance podcast I had the pleasure of speaking with Jesse Felder - Founder of Felder Investment Research and host of Superinvestors.
During our conversation we spoke about what we are currently seeing in the bond markets, why this could be a wrecking ball, what would make the FED have to intervene and the potential for there being a debt death spiral. I hope you enjoy!
0:00 - Introduction
0:13 - What is Jesse watching in markets?
2:35 - Why is this time different in the US?
5:10 - Lots of factors coming into play?
7:52 - Disconnect between yields and interest rates?
9:30 - Could we see a dollar wrecking ball?
12:10 - Are we experiencing a secular shift?
16:40 - What would a debt death spiral look like?
18:17 - FED forced to intervene in the market?
19:31 - How will the secular shift change markets?
21:25 - The end of overperformance of growth stocks?
24:15 - Another down year for 60 - 40 portfolio
25:50 - Diversifying portfolio into real assets
26:55 - Which assets to perform during this period?
28:40 - One message to takeaway from our conversation?
Jesse began his professional career at Bear, Stearns & Co. and later co-founded a multi-billion-dollar hedge fund firm headquartered in Santa Monica, California. Since founding Felder Investment Research, LLC, publisher of The Felder Report, his writing and research has been featured in major publications and websites like The Wall Street Journal, Barron's, Yahoo! Finance, Business Insider, Investing.com and more. Jesse also hosts and produces the Superinvestors and the Art of Worldly Wisdom podcast.
Jesse Felder -
Felder Report - https://thefelderreport.com/
Twitter - https://twitter.com/jessefelder
WTFinance -
Instagram - https://www.instagram.com/wtfinancee/
Spotify - https://open.spotify.com/show/67rpmjG92PNBW0doLyPvfn
iTunes - https://podcasts.apple.com/us/podcast/wtfinance/id1554934665?uo=4
Twitter - https://twitter.com/AnthonyFatseas
Interview Recorded - 29th of September 2023
On this episode of the WTFinance podcast I had the pleasure of speaking with Rick Rule - Former President & CEO of Sprott U.S. Holdings with decades of experience in the commodities business.
During our conversation we spoke about what Rick is currently seeing in the commodity market, potential supply gap for many commodities, who will be the winners in this scenario, whether a supply shock can be prevented and more!
0:00 - Introduction
0:15 - What Rick is currently seeing in the commodity markets?
2:18 - Short term risk of recession followed by commodity bull market
3:38 - Is there a way to fill the supply gap?
5:11 - Positive impact of innovations
6:45 - Which commodities will have the worst supply/demand gap?
9:22 - Winners in battery, industrial and precious metals?
14:36 - Precious metals diversification for bonds?
19:17 - Gold and Silver to act similarly?
21:12 - One message to takeaway from our conversation?
Rick began his career 47 years ago in 1974 in the securities business and has been involved in it ever since. He is known for his expertise in many resource sectors, including agriculture, alternative energy, forestry, oil and gas, mining, and water. In 1990, Rick founded the business now known as Sprott US Holdings” merging in into Sprott Inc. ( SII) in 2011. He retired from Sprott Inc., in 2021, and resigned from the board of directors in 2023, but remains Sprott’s largest shareholder. IMr. Rule is a sought-after speaker at industry conferences, and a frequent contributor to numerous media outlets including CNBC, Fox Business News and BNN. Mr. Rule is actively engaged in private placement markets, through originating and participating in hundreds of debt and equity transactions.
Rick Rule -
Twitter - https://twitter.com/RealRickRule
LinkedIn - https://www.linkedin.com/in/rick-rule-1058921a/
Website - https://ruleinvestmentmedia.com/
Seminar - https://hopin.com/events/rick-rule-s-summer-investing-bootcamp-topic-tba-aa49dcf0-e168-4883-a761-c2ec78d84d77?utm_source=aff&utm_campaign=6
WTFinance -
Instagram - https://www.instagram.com/wtfinancee/
Spotify - https://open.spotify.com/show/67rpmjG92PNBW0doLyPvfn
iTunes - https://podcasts.apple.com/us/podcast/wtfinance/id1554934665?uo=4
Twitter - https://twitter.com/AnthonyFatseas
Interview recorded - 26th of September, 2023
On this episode of the WTFinance podcast I had the pleasure of speaking with @JamesKerLindsay - A Geopolitical and Ethnic Conflicts expert. James holds a PhD in International Conflict Analysis and has published a dozen books on ethnic conflicts and territorial disputes.
During our conversation we spoke about whether we are living in more turbulent times, what the current geopolitical landscape compares to, whether a region can secede, other drivers that will impact geopolitics in the future and more. I hope you enjoy!
0:00 - Introduction
1:16 - Are we living in more turbulent times than normal?
8:14 - What does our current geopolitical landscape remind James of?
14:16 - Setting the precedent of annexing territory?
18:34 - Is the globe hypocritical on current Azerbaijan invasion?
25:26 - Is secession possible in todays day and age?
30:51 - Going back to proxy wars?
37:40 - Other drivers that will impact geopolitics in the future?
41:15 - One message to takeaway from our conversation?
James Ker-Lindsay is Visiting Professor at LSEE. His research focuses on conflict, peace and security in South East Europe (Western Balkans, Greece, Turkey and Cyprus), European Union enlargement, and secession and recognition in international politics.
He has played an active role in the development of South East European Studies, both in Britain and internationally. He is a former coordinator of the BISA Working Group on the region and is on the editorial boards of Southeast European and Black Sea Studies, the Journal of Balkan and Near Eastern Studies, and Ethnopolitics.
As well as his academic work, Prof Ker-Lindsay maintains a strong record of policy engagement and consultancy. He has worked at the Royal United Services Institute (RUSI), the world’s oldest independent security and defence studies think tank, and at the Foreign and Commonwealth Office. He has also served as an advisor to a number of governments and international organisations, including the United Nations and the Council of Europe. He appears regularly in the media and has been interviewed by many leading international news organisations, such as the BBC, CNN, Reuters, Associated Press, The Economist, The Guardian, The New York Times, Radio Free Europe, SKY News, The Times and the Wall Street Journal.
James Ker-Lindsay -
YouTube - @JamesKerLindsay
Books - https://www.amazon.co.uk/James-Ker-Lindsay/e/B001JOTQ88/
Twitter - https://twitter.com/JamesKerLindsay
WTFinance -
Instagram - https://www.instagram.com/wtfinancee/
Spotify - https://open.spotify.com/show/67rpmjG92PNBW0doLyPvfn
iTunes - https://podcasts.apple.com/us/podcast/wtfinance/id1554934665?uo=4
Twitter - https://twitter.com/AnthonyFatseas
Interview recorded - 22nd of September, 2023
On this episode of the WTFinance podcast I had the pleasure of speaking with Peter Foster - Public Policy Editor of the Financial Times and author of the recently released book “What Went Wrong With Brexit: And What Can We Do About It”.
During our conversation we spoke about Peter's influence for writing the book, what went wrong with Brexit, whether COVID had an impact, the issue of free movement within the EU, can Brexit be fixed and more. I hope you enjoy!
0:00 - Introduction
2:16 - What was Peter’s influence for writing the book?
3:39 - Challenging for constructive conversations
6:49 - Promises laid out during BREXIT and actual implementation?
11:39 - Disaggregating COVID impact?
16:34 - Free movement was a big issue in the UK
25:17 - Can Brexit be fixed?
32:02 - One message to takeaway from our conversation?
Peter Foster is the public policy editor of the Financial Times. His brief is to break out of the bubbles of Westminster and Whitehall to cover all aspects of UK policy, including the implementation of Brexit, the recovery from the coronavirus pandemic and the economic and 'levelling up' agendas of the Rishi Sunak government.
He joined the FT in April 2020 from the Telegraph Media Group where he had held the position of Europe editor since 2015, focusing on the Brexit negotiations. He has more than two decades of experience covering global affairs from all sides of the world, based in New Delhi (2004-2008) and Beijing (2008-2012), as well as Washington DC, where he served as The Telegraph's US editor from 2012.
He also writes the FT's weekly Britain After Brexit newsletter.
Peter Foster -
Twitter - https://twitter.com/pmdfoster
Book - https://www.amazon.co.uk/What-Went-Wrong-Brexit-About-ebook/dp/B0BXPVW5G1/
WTFinance -
Instagram - https://www.instagram.com/wtfinancee/
Spotify - https://open.spotify.com/show/67rpmjG92PNBW0doLyPvfn
iTunes - https://podcasts.apple.com/us/podcast/wtfinance/id1554934665?uo=4
Twitter - https://twitter.com/AnthonyFatseas
Interview recorded - 18th of September, 2023
On this episode of the WTFinance podcast I had the pleasure of speaking with Tavi Costa - Partner and Portfolio manager of Crescat Capital.
During our conversation we spoke about what Tavi is currently watching, the potential macroeconomic shift, what this means for current portfolio, assets which will perform during this period and more!
0:00 - Introduction
2:01 - What is Tavi watching in markets?
6:44 - Macroeconomic shift that is occurring?
11:20 - Are markets underestimating shift or could things go back to norm?
18:42 - Why will value investors work this time?
24:19 - What alternatives to the 60/40 portfolio?
30:05 - How does Tavi invest in miners?
37:50 - One message to takeaway from our conversation?
Tavi is a Member and Macro Strategist at Crescat Capital and has been with the firm since 2013. He is responsible for developing Crescat’s macro models as part of our thematic investment process. His research has been featured in financial publications such as Bloomberg, The Wall Street Journal, Reuters, Yahoo Finance, Real Vision, and others. Tavi is a native of São Paulo, Brazil and is fluent in Portuguese, Spanish, and English. Before joining Crescat, he worked with the underwriting of financial products and in international business at Braservice, a large logistics company in Brazil. Tavi graduated cum laude from Lindenwood University in St. Louis with a B.A. degree in Business Administration with an emphasis in Finance and a minor in Spanish. Tavi played NCAA Division 1 tennis for Liberty University.
Tavi Costa -
Twitter - https://twitter.com/tavicosta?lang=en
Crescat - https://www.crescat.net/
Instagram - https://www.instagram.com/tavicostamacro/
WTFinance -
Instagram - https://www.instagram.com/wtfinancee/
Spotify - https://open.spotify.com/show/67rpmjG92PNBW0doLyPvfn
iTunes - https://podcasts.apple.com/us/podcast/wtfinance/id1554934665?uo=4
Twitter - https://twitter.com/AnthonyFatseas
Interview recorded - 19th of September, 2023
On this episode of the WTFinance podcast I had the pleasure of welcoming back Alasdair Macleod for a 3rd time - Head of Research for Goldmoney and SchiffGold.
During our conversation we touched on the current debt cycle, why the central banks are losing control of the cost of credit, whether this could lead to a credit crisis, why a gold-backed currency would be trusted and more. I hope you enjoy!
0:00 - Introduction
1:36 - What is Alasdair seeing with the economic cycle?
7:52 - Central banks to lose control of cost of credit?
12:02 - China one of the worst effected by debt issues?
20:22 - Capital flying to the US Dollar?
27:49 - Governments continuing to buy their own debt?
38:20 - Why would there be trust in gold-backed currencies?
45:27 - Will gold circulate globally?
47:12 - One message to takeaway from our conversation?
Alasdair Macleod is Head of Research for GoldMoney. He is an educator and advocates for sound money through demystifying finance and economics. His background includes being a stockbroker, banker, and economist.
Alasdair Macleod started his career as a stockbroker in 1970 on the London Stock Exchange. Within nine years, he had risen to become senior partner of his firm.
Subsequently, he held positions at the director level in investment management and worked as a mutual fund manager. Mr. Macleod also worked at a bank in Guernsey as an executive director.
For most of his 40 years in the finance industry, he has been demystifying macroeconomic events for his investing clients. The accumulation of this experience has convinced him that unsound monetary policies are the most destructive weapon governments use against the common man. Accordingly, his mission is to educate and inform the public in layman's terms what governments do with money and how to protect themselves from the consequences.
Alasdair Macleod -
Website - https://www.goldmoney.com/
Blog - https://www.goldmoney.com/research/legal-definitions-of-money-and-credit
Recent Article - https://www.goldmoney.com/research/time-to-trash-triffin
Twitter - https://twitter.com/MacleodFinance
LinkedIn - https://www.linkedin.com/in/alasdair-macleod-9494b27/
WTFinance -
Instagram - https://www.instagram.com/wtfinancee/
Spotify - https://open.spotify.com/show/67rpmjG92PNBW0doLyPvfn
iTunes - https://podcasts.apple.com/us/podcast/wtfinance/id1554934665?uo=4
Twitter - https://twitter.com/AnthonyFatseas
Interview recorded - 11th of September 2023
On this episode of the WTFinance podcast I had the pleasure of welcoming back @stevenvanmetre5087 - Money Manager & YouTuber.
During our conversation we spoke about whether US banks are insolvent, whether the FED can save the markets, if this crash will be worse than 2008, what we will see internationally and assets that will perform well during a recession. I hope you enjoy!
0:00 - Introduction
3:37 - Are US banks insolvent?
7:37 - Can the FED bailout banks?
11:24 - Treasury issuing bonds
14:12 - Reverse repo to help increase liquidity?
16:12 - FED to save the markets?
17:57 - Will inflation be higher for longer?
23:41 - Will this crash be worse than 2008?
27:05 - Will it be the end of our current debt cycle?
29:46 - The price to pay for borrowing
31:29 - Dollar strength during this period?
33:26 - What are we seeing internationally?
36:37 - Changing measurements of GDP measurement
38:42 - Assets that will perform well during this recession?
40:36 - One message to takeaway from our conversation?
Steven Van Metre, Certified Financial Planner™ Professional, (CA Insurance License #0D45202 & Investment Advisory Representative with Atlas Financial Advisors, Inc., a Registered Investment Advisory firm.) is the inventor and manager of Portfolio Shield™, the creator of Momentum Timer Pro™, and the President of Steven Van Metre Financial.
Steven Van Metre -
YouTube - @stevenvanmetre5087
Portfolio Shield - https://stevenvanmetre.com/portfolio-shield/
Website - https://stevenvanmetre.com/
Twitter - https://twitter.com/MetreSteven
WTFinance -
Instagram - https://www.instagram.com/wtfinancee/
Spotify - https://open.spotify.com/show/67rpmjG92PNBW0doLyPvfn
iTunes - https://podcasts.apple.com/us/podcast/wtfinance/id1554934665?uo=4
Twitter - https://twitter.com/AnthonyFatseas
Interview recorded - 8th of September, 2023
On this episode of the WTFinance podcast I had the pleasure of speaking with Randy Woodward, Managing Director in the Fixed Income Capital Markets division at Raymond James Financial.
During our conversation we spoke about what is happening in the markets, why the bank collapses occurred, how the FED changed forever under Bernanke, whether inflation will remain higher for longer and potential for a commercial real estate crisis. I hope you enjoy!
0:00 - Introduction
3:04 - What is Randy watching in markets/economy?
6:20 - Inverted yield curve?
8:50 - How are banks fairing with unrealised losses?
16.30 - Central banks can do anything?
19:15 - Saving the financial system at all costs
23:50 - Banks missing out on higher revenues
30:00 - Will inflation be transitory or higher for longer?
35:30 - Global countries going to cut faster than US
37:48 - What is currently happening in commercial real estate?
46:40 - Companies defaulting on real estate
48:55 - Could Commercial Real Estate be another 2008 crisis?
52:20 - Ben Bernanke changed the markets
54:42 - One message to takeaway from our conversation?
Randy Woodward is a Managing Director in the Fixed Income Capital Markets division at Raymond James Financial. Randy has unique experience and depth of knowledge in the fixed income industry.
Randy began his career at Bloomberg from 1988 to 1995, working in a range of areas including training, editorial, programming, and sales. Randy became a fixed income broker in 1995, and has developed a proven track record of helping institutional clients manage safe and sound bond portfolios. Given his unique skill set, Randy provides his clients an advanced service that no other broker can offer. Whether they have access to a Bloomberg or rely on brokers for screen shots, it’s imperative they understand in detail the screens that are provided to them, and more importantly, they need to understand what can be manipulated, altered, or omitted.
Randy’s primary objective as a broker is to not only “protect” his clients, but also to educate them on how to better protect themselves, as well as making better investment decisions and executions.
Randy Woodward:
Twitter - https://twitter.com/TheBondFreak
WTFinance -
Instagram - https://www.instagram.com/wtfinancee/
Spotify - https://open.spotify.com/show/67rpmjG92PNBW0doLyPvfn
iTunes - https://podcasts.apple.com/us/podcast/wtfinance/id1554934665?uo=4
Twitter - https://twitter.com/AnthonyFatseas
Interview recorded - 31st of August, 2023
On this episode of the WTFinance podcast I had the pleasure of welcoming back Bob Elliott - CEO & CIO of Unlimited Funds.
During our conversation we spoke about what Bob is currently seeing in the markets, whether this could lead to a 50% decrease in stock markets, whether this would also happen globally and more.
0:00 - Introduction
1:09 - What is Bob currently seeing in the markets?
3:04 - What are the cracks Bob is seeing?
7:37 - Shortage in long end bonds?
9:34 - What type of recession could we see?
12:28 - Hard to stop a recession
13:39 - What would happen with increasing unemployment?
16:41 - Could the stock market drop 50%?
18:14 - How far could markets drop?
24:25 - Deflation and pivot or inflation and higher for longer?
30:34 - Collapse or slow tightening?
33:29 - What is happening globally?
38:04 - Anything positive in the markets?
40:45 - One message to takeaway?
Bob Elliott is the Co-Founder, CEO & CIO of Unlimited, which uses machine learning to create index replication ETFs of 2&20 style alternative investments like hedge funds, venture capital & private equity.
Prior to founding Unlimited, Bob was a Senior Investment Executive at Bridgewater Associates where he served on the Investment Committee (G7) and created investment strategies across equities, fixed income, credit, exchange rates, and commodities, including many used in the flagship Pure Alpha Fund. He also built and led Ray Dalio’s personal investment research team for almost a decade. He’s the author of hundreds of Bridgewater’s widely read Daily Observations and directly counselled some of the world’s foremost policy makers and institutional investor on economic and investing issues.
Bob has also served as an advisor and executive at several startups including CircleUp, an investment company focused on early-stage consumer brands. There he revamped the investment strategy for the company’s $150mln venture funds leveraging big data approaches to improve decision making. He was also the co-founder of GiveWell, a startup charity evaluator which now directs more than $500mln in annual contributions.
Bob holds a BA in History and Science from Harvard.
Bob Elliott -
Website - https://www.unlimitedfunds.com/
Twitter - https://twitter.com/bobeunlimited?s=21&t=bEWfVJjh6KcziPA0zpyEPA
LinkedIn - https://www.linkedin.com/in/ttoillebob
WTFinance -
Instagram - https://www.instagram.com/wtfinancee/
Spotify - https://open.spotify.com/show/67rpmjG92PNBW0doLyPvfn
iTunes - https://podcasts.apple.com/us/podcast/wtfinance/id1554934665?uo=4
Twitter - https://twitter.com/AnthonyFatseas
Interview recorded - 31st of August, 2023
On this episode of the WTFinance podcast I had the pleasure of welcoming back Dr Anas Alhajji - a world-renowned energy markets expert, researcher, author, and a speaker.
During our conversation we spoke about the current state of the energy market, how China has a lot of control, whether oil could push $100, if the US can save Europe from an energy crisis again and more!
0:00 - Introduction
1:40 - Overview of energy markets?
9:30 - US benefited from European energy reliance
11:20 - China will have control over energy prices
15:35 - The China issue
17:10 - Saudi Floor price and China ceiling price
25:42 - Can China push Oil price lower?
27:04 - Price target for oil 2023?
28:20 - Gabon impact on oil markets
32:45 - Could further instability have an impact on oil markets?
34:16 - Natural resource economics
46:39 - Will Europe be ok this winter?
49:52 - Other energy costs increase?
54:59 - One message to takeaway from our conversation?
Dr. Anas F. Alhajji is a world-renowned energy markets expert, researcher, author, and a speaker with more than 900 papers, articles and columns to his credit. He advises governments, companies, financial institution and investors on various energy markets issues. He focuses on oil and gas market outlook, energy geopolitics, energy security, and the impact of disruptive technologies on the supply and demand of energy.
Before his recent role as a Managing Partner at Energy Outlook Advisors LLC, he was the former Chief Economist of NGP Energy Capital Management. He led the Firm’s macro-analysis of the oil, natural gas and related markets as well as the overall economic environment. He was responsible for the short-term and long term outlooks for oil, natural gas, NGLs, and LNG markets.
Dr. Alhajji’s articles appeared in numerous countries in more than 10 languages, and his work is cited in over 60 books. He has addressed numerous companies, institutions, and national and international organizations. He also serves on the board of several energy-related publications. He is a contributing editor for the one of the industry’s premier publications: World Oil. He is also the moderator of the industry’s oldest virtual Forum: Oil, Gas, & Energy Law (OGEL)
Prior to joining NGP, Dr. Alhajji taught economics at the University of Oklahoma (1995 to 1997), the Colorado School of Mines (1997 to 2001), and Ohio Northern University (2001 to 2008), where he held the George Patton Chair of Business and Economics. Dr. Alhajji taught courses in economics, energy economics and policy, and energy geopolitics.
Dr. Alhajji was educated in Syria, Saudi Arabia, and the United States. He holds M.A. in Economics, and a Ph.D. in Economics from the University of Oklahoma, with a specialization in energy economics and policy. He received many awards including the Teaching Excellence Award and the Outstanding Mentor Award in addition to many prizes in woodworking.
Dr Anas Alhajji -
Website - https://www.anasalhajji.com/
Twitter - https://twitter.com/anasalhajji
LinkedIn - https://www.linkedin.com/in/anas-alhajji/
Substack - https://afalhajji.substack.com/
Attaqa - https://attaqa.net/
WTFinance -
Instagram - https://www.instagram.com/wtfinancee/
Spotify - https://open.spotify.com/show/67rpmjG92PNBW0doLyPvfn
iTunes - https://podcasts.apple.com/us/podcast/wtfinance/id1554934665?uo=4
Twitter - https://twitter.com/AnthonyFatseas
Interview recorded - 31st of August 2023
On this episode of the WTFinance podcast I had the pleasure of speaking with David Rosenberg - Founder & President of Rosenberg Research & associates.
During our conversation we spoke about why we have seen strong markets throughout 2023, similarities between 2008 and today, whether we could see a deep recession and what this means for assets moving forward. I hope you enjoy!
0:00 - Introduction
1:32 - Why have we seen strong markets in 2023?
4:27 - Have you been surprised about consumer strength?
9:39 - Similarities between today and 2008?
16:47 - All linked to employment
22:42 - Unemployment back to the mean?
23:57 - Will it be a deep recession?
35:52 - Jay Powell late to the cutting party?
42:17 - How will assets react to a recession?
49:55 - One message to take away from our conversation?
David Rosenberg is the Founder and President of Rosenberg Research & Associates Inc., an economic consulting firm he established in January 2020. He and his team have as their top priority providing investors with analysis and insights to help them make well-informed investment decisions.
Prior to Rosenberg Research, David was Chief Economist & Strategist at Gluskin Sheff + Associates Inc. from 2009 to 2019. From 2002 to 2009, he was Chief North American Economist at Merrill Lynch in New York, during which he was consistently ranked in the Institutional Investor All-Star analyst rankings. Prior thereto, he was Chief Economist and Strategist for Merrill Lynch Canada, based out of Toronto, where he and his team placed first in the Brendan Wood survey of Canadian economists for ten years in a row.
Mr. Rosenberg is a frequent contributor to most major financial newspapers and publications in North America and makes regular TV appearances in the financial media. He received both a Bachelor of Arts and Masters of Arts degree in Economics from the University of Toronto.
David Rosenberg -
Website - https://www.rosenbergresearch.com/
Twitter - https://twitter.com/EconguyRosie
LinkedIn - https://www.linkedin.com/in/david-rosenberg-40800219b/
WTFinance -
Instagram - https://www.instagram.com/wtfinancee/
Spotify - https://open.spotify.com/show/67rpmjG92PNBW0doLyPvfn
iTunes - https://podcasts.apple.com/us/podcast/wtfinance/id1554934665?uo=4
Twitter - https://twitter.com/AnthonyFatseas
Interview Recorded - 29th of August, 2023
On this episode of the WTFinance podcast I had the pleasure of speaking with Andy Constan, CEO & CIO of Damped Spring Advisor.
During our conversation we spoke about Andy's thoughts on Jackson Hole, while higher interest rates will drive down both stocks and bonds, what this means for unemployment, what would change Andy's opinion and whether this could lead to further issues with banks. I hope you enjoy!
0:00 - Introduction
1:43 - Overview of Andy’s thoughts and Jackson Hole
8:35 - How is there a shortage of government debt?
11:03 - Duration moving during uncertainty
12:42 - Treasury raising funds
14:09 - Reverse Repo continue to pick up slack moving forward?
18:50 - Will employment slowly change or require a catalyst?
20:40 - Could student payment re-introduction impact inflation?
21:30 - Do individuals have to lose their job?
23:04 - What would have to change to change Andy’s perspective?
25:14 - Parallels to 2008?
27:25 - What will happen internationally?
28:49 - Dollar to continue to strengthen?
30:06 - Further issues in banks ?
32:28 - One message to takeaway from our conversation?
Andy has spent the past 35 years investing and trading global markets. Over the last 12 years, he has developed strong expertise in Macro investing working at Bridgewater Associates as an Idea Generator and most recently at Brevan Howard as Chief Strategist. Andy spent the first part of his career at Salomon Brothers and its successor companies. After 17 years at Salomon and as the Head of Global Equity Derivatives, Andy left and started two relative value hedge funds specializing in Multi-Asset Volatility Arbitrage and Capital Structure Arbitrage. Throughout his career, Andy has developed a keen cutting edge understanding of systematic quantitative research and investment while also deeply appreciating the importance of the insights that arise from discretionary investing strategies.
Andy Constan -
Twitter - https://twitter.com/dampedspring
LinkedIn - https://www.linkedin.com/in/andyconstan/
Website - https://dampedspring.com/
WTFinance -
Spotify - https://open.spotify.com/show/67rpmjG92PNBW0doLyPvfn
iTunes -https://podcasts.apple.com/us/podcast/wtfinance/id1554934665?uo=4
Linkedin - https://www.linkedin.com/in/anthony-fatseas-761066103/
Twitter - https://twitter.com/AnthonyFatseas
Interview recorded - 24th of August, 2023
On this episode of the WTFinance podcast I had the pleasure of speaking with @CyrusJanssen - An International Speaker, Business Consultant, Content Creator and China Insider.
During our conversation we spoke about the history of US/China relations, what was the catalyst for deterioration, the impact of COVID-19 China isolation, where the conflict would go on the current trajectory and what needs to change to improve relations. I hope you enjoy!
0:00 - Introduction
2:28 - History of US/China relationship
7:38 - Conflict with intellectual property in 2010’s and why conflict escalated?
10:19 - World trade organisation has no control
11:35 - Product IP theft an issue?
12:45 - When did the relationship start to deteriorate?
18:11 - Further hawkishness in both countries?
20:45 - Isolation between both countries
24:11 - Hong Kong suffered from expats leaving
25:03 - On current trajectory, where does US/China conflict go?
28:44 - China also decoupling?
35:01 - Can China shift to a consumption economy?
39:33 - What need to change to create perfect US/China relations?
47:33 - One message to takeaway from our conversation?
Cyrus Janssen is a geopolitical analyst, investor, speaker, and social media influencer with over 1 million fans across his social media platforms. Born in the United States, Cyrus lived abroad for 15 years in China and Canada and enjoys sharing cultural and geopolitical insights from his travels to over 60+ countries.
Based in Las Vegas, Nevada, Cyrus is the CEO of FastForward Marketing, a social media and consulting company helping brands in North America and Asia connect and build profitable social media campaigns.
Cyrus Janssen -
YouTube - @CyrusJanssen
Website - https://www.cyrusjanssen.com/
Twitter - https://twitter.com/thecyrusjanssen
WTFinance -
Spotify - https://open.spotify.com/show/67rpmjG92PNBW0doLyPvfn
iTunes - https://podcasts.apple.com/us/podcast/wtfinance/id1554934665?uo=4
LinkedIn - https://www.linkedin.com/in/anthony-fatseas-761066103/
Twitter - https://twitter.com/AnthonyFatseas
Interview recorded - 23rd of August, 2023
On this episode of the WTFinance podcast I had the pleasure of speaking with @gcelente - the Founder/Director of the Trends Research Institute and Publisher of the Trends Journal.
During our conversation we spoke about whether a recession can be avoided, why th
0:00 - Introduction
1:32 - Have the FED avoided the recession?
7:57 - What has caused this situation?
11:40 - Equities and Gold going up
15:36 - What is the catalyst?
17:04 - Market volatility to permeate throughout economy?
26:22 - Key trends throughout 2023 and 2024?
29:02 - Is there a way to avoid global crisis?
31:26 - High risk of China/Taiwan conflict?
33:11 - Are parts of the world that will thrive in the future?
35:11 - Message to takeaway from our conversation?
Gerald Celente is the Founder/Director of the Trends Research Institute and Publisher of the weekly Trends Journal magazine. He is the author of the highly acclaimed and best-selling books “Trend Tracking” and “Trends 2000” (Warner Books).
With a 43-year track record of identifying, tracking, and forecasting trends, Celente is world-renowned as today’s #1 Trend Forecaster. Celente has earned the reputation as a trusted name in trends for his many accurate forecasts; among them, the 1987 Stock Market crash, Dot com bust, “Gold Bull Run,” “Panic of ‘08,” the rise of organic foods, and the popularity of gourmet coffee long before Starbucks was a household name. Celente, who developed the Globalnomic methodology to identify, track, forecast, and manage trends, is a political atheist. Unencumbered by political dogma, rigid ideology, or conventional wisdom, Celente, whose motto is “Think for Yourself,” observes and analyzes current events forming future trends for what they are – not for how he wants them to be. A true American Patriot, Celente owns three pre-Revolutionary stone buildings on the most historic corner in America, where the seeds of Democracy were sown, Colonial Kingston, New York’s first Capitol. Self-described as a “Warrior for the Prince of Peace,” Gerald Celente is also the Founder “Occupy Peace & Freedom,” a not-for-profit movement to honor the Constitution and Bill of Rights and restore Freedoms.
Gerald Celente -
Journal - https://trendsjournal.com/
YouTube - @gcelente
Twitter - https://twitter.com/geraldcelente
WTFinance -
Spotify - https://open.spotify.com/show/67rpmjG92PNBW0doLyPvfn
iTunes -https://podcasts.apple.com/us/podcast/wtfinance/id1554934665?uo=4
LinkedIn - https://www.linkedin.com/in/anthony-fatseas-761066103/
Twitter - https://twitter.com/AnthonyFatseas
Interview recorded - 23rd of August, 2023
On todays episode of the WTFinance podcast I had the pleasure of speaking with Simon Hunt.
During our conversation we talked about whether the FED have saved the economy, what a global collapse could look like, why this could lead to higher inflation for longer, the potential for market instability, a commodity super cycle and more!
0:00 - Introduction
1:00 - Have the FED saved the economy?
9:45 - Higher inflation and a recession?
10:50 - What type of global collapse?
12:02 - What will happen in China?
14:48 - Will Europe be the worst effected?
17:43 - The risk of Germany, Russia and China?
20:00 - Minor recession followed by severe recession?
21:10 - What happens to the markets?
21:50 - What happens after the instability?
24:30 - Commodity super cycle?
27:40 - BRICS precious metal commodity?
28:50 - Is it possible for these countries to de-dollarize?
31:28 - Can the current economy survive with a gold-backed currency?
32:48 - Assets to protect wealth during this period?
33:50 - One message to takeaway from our conversation?
Simon Hunt began his career in 1956 in Central Africa as a PA to the Chairman of Rhodesian Selection Trust, one of the two large copper companies in what was then Northern Rhodesia, now Zambia.
In 1961 he came back to London and joined Anglo American Corporation of South Africa as a PA to one of the Board Directors, followed by being part of a small sales and marketing team for copper. From there, he helped start up a new copper development organisation, CIDEC, financed by copper producers, which he then joined, focusing on conducting end-use studies of copper in Europe.
He then went into the City to gain financial experience and founded Brook Hunt in 1975. He was instrumental in setting up the company’s cost studies and end-use analyses. He appeared as material witness and consultant in two ITC anti-dumping cases in 1978 and 1984, winning both at the commission level.
He has spent 2-4 months every year in China since 1993 and until a few years ago would be visiting some 80 wire and cable and brass mill factories across the country every year. He now restricts these factory visits to a smaller number, all of which he has known for many years. He also spends many weeks each year traveling around Asia.
The focus of the company’s services is on the global economy, including the changing geopolitical and financial structures, China’s economy and its copper sector, and then the global copper industry as each part is interconnected.
Simon is the author of the “Frontline China Report Service,” which is marketed by the TIS Group. The Service provides regular reports on China’s economy, politics, and financial outlook.
Simon established this company in January 1996.
Simon Hunt -
Website - https://www.simon-hunt.com/
Email - simon@shss.com
WTFinance -
Spotify - https://open.spotify.com/show/67rpmjG92PNBW0doLyPvfn
iTunes -https://podcasts.apple.com/us/podcast/wtfinance/id1554934665?uo=4
LinkedIn - https://www.linkedin.com/in/anthony-fatseas-761066103/
Twitter - https://twitter.com/AnthonyFatseas
Interview recorded - 17th of August, 2023
On this episode of the WTFinance podcast I had the pleasure of welcoming back Ted Oakley - Managing Partner and Founder of Oxbow Advisors.
During our conversation we spoke about what Ted is currently seeing, whether the market has peaked, how higher interest rates has struggled and what sectors Ted is looking to rotate into. I hope you enjoy!
0:00 - Introduction
1:19 - What is Ted seeing in the economy?
4:14 - A lot has changed over the past 2 years
5:44 - Markets peaked?
6:58 - What is Ted’s thoughts on inflation?
9:23 - Will there be a depression moving forward?
10:44 - Higher interest rates to cause bankruptcies?
11:49 - Could the FED cut rates at record levels?
13:39 - How has Ted’s portfolio changed over the past few months?
16:34 - How can you be patient during turbulent times?
19:32 - How big could the reversal be?
22:44 - What sectors has Ted rotated into?
24:44 - Sectors that are unloved?
26:19 - What is Ted seeing among the property market?
30:34 - One message to takeaway from our conversation?
Ted Oakley is Managing Partner and Founder of Oxbow Advisors. With more than forty years of experience in advising high net worth clients in the investment industry, Oakley implements the firm’s proprietary investment strategies and the “Oxbow Principles” to provide a unique investment perspective. He is a frequent guest on FOX Business News, Bloomberg Radio, KITCO News, Cheddar TV, Yahoo Finance, and many more.
Mr. Oakley is a Chartered Financial Analyst (CFA) and a Certified Financial Planner (CFP). He is a member of the Austin Society of Financial Analysts. He is also a Partner of Herndon Plant Oakley Ltd., an investment company. He is a Board Member of Texas State Aquarium, American Bank, and American Bank Holding Company. Mr. Oakley is a United States Army Veteran.
Mr. Oakley began his career in Dallas, Texas, over 35 years ago. He is the author of nine books: You Sold Your Company, $20 Million and Broke, Rich Kids Broke Kids – The Failure of Traditional Estate Planning, Crazy Time – Surviving the First 12 Months after Selling Your Company, Wall Street Lies, Danger Time, My Story, The Psychology of Staying Rich, and Your Money Mentality.
Mr. Oakley’s primary philanthropic interest is helping children. He is Chairman Emeritus and Founder of the Foster Angels of South Texas, the largest foster child foundation in South Texas, as well as Chairman Emeritus and Founder of Austin, Texas-based Foster Angels of Central Texas. Also, President and Founder of Advocates for Foster Children Foundation.
Ted Oakley -
Website - https://oxbowadvisors.com/
Twitter - https://twitter.com/Oxbow_Advisors
LinkedIn - https://www.linkedin.com/in/ted-oakley-08444a32/
YouTube - @OxbowAdvisors
WTFinance -
Spotify - https://open.spotify.com/show/67rpmjG92PNBW0doLyPvfn
iTunes -https://podcasts.apple.com/us/podcast/wtfinance/id1554934665?uo=4
LinkedIn - https://www.linkedin.com/in/anthony-fatseas-761066103/
Twitter - https://twitter.com/AnthonyFatseas
Interview recorded - 10th of August, 2023
On this episode of the WTFinance podcast I had the pleasure of hosting Henrik Zeberg - Macro Economist, Founder and Publisher of the Zeberg Report.
During our conversation we spoke about Henrik's thoughts on the markets, why we could see all time highs in the near future, how this could be followed by a stock market crash and methods to protect wealth during such a period. I hope you enjoy!
0:00 - Introduction
0:39 - Henrik’s thoughts on the markets and why has the market been so strong this year?
4:23 - Which economic indicators is Hendrik watching?
6:09 - What will impact higher unemployment?
10:14 - Strong performance followed by a crash
12:14 - Stock market to all time highs
14:34 - What will perform during stock market crash?
16:46 - Central banks won’t be able to save the economy
17:57 - Stagflation?
21:04 - Who suffers from a debt crisis?
23:24 - Are central banks making the wrong decisions?
25:49 - What would be the right solution for central banks to make?
29:49 - What assets protect wealth during stagflation?
30:44 - One message to takeaway from our conversation?
Henrik Zeberg is a Macroeconomist (M.Sc. Econ) from the University of Copenhagen. He is a Business Cycles student, Elliott Wave practitioner, and Chartist. You can find out more about his newsletter on his Website.
Henrik Zeberg -
Newsletter - https://www.thezebergreport.com/
Twitter - https://twitter.com/HenrikZeberg
WTFinance -
Instagram - https://www.instagram.com/wtfinancee/
Spotify - https://open.spotify.com/show/67rpmjG92PNBW0doLyPvfn
iTunes - https://podcasts.apple.com/us/podcast/wtfinance/id1554934665?uo=4
Twitter - https://twitter.com/AnthonyFatseas
Interview recorded - 10th of August 2023
On this episode of the WTFinance podcast I have the pleasure of speaking with Michael Green - Chief Strategist at Simplify Asset Management.
During our conversation we spoke about his thoughts on Michael's assessment, why the economy is holding up with interest rates, what this means for the markets for the rest of the year and how Michael is allocating for a recession. I hope you enjoy!
0:00 - Introduction
1:01 - Michael’s assessment of global economy and financial markets?
5:51 - Are the FED too narrow focused?
10:53 - Why is the economy holding up with higher interest rates?
14:40 - Fixed vs Variable Mortgages
16:31 - Why has stock market been so strong in 2023?
26:04 - Upside and downside volatility?
28:56 - What will the catalyst for market stress be?
33:56 - Michael’s thoughts on emerging markets?
40:06 - How is Michael allocating for recession?
45:46 - One message to takeaway from our conversation?
Michael has been a student of markets and market structure, for nearly 30 years. His proprietary research into the shift from actively managed portfolios and investment funds to systematic passive investment strategies has been presented to the Federal Reserve, the BIS, the IMF and numerous other industry groups and associations.
Michael joined Simplify in April 2021 after serving as Chief Strategist and Portfolio Manager for Logica Capital Advisers, LLC. Prior to Logica, Michael managed macro strategies at Thiel Macro, LLC, an investment firm that manages the personal capital of Peter Thiel. Prior to Thiel, Michael founded Ice Farm Capital, a discretionary global macro hedge fund seeded by Soros Fund Management. From 2006-2014, Michael founded and managed the New York office of Canyon Capital Advisors, a $23B multi-strategy hedge fund based in Los Angeles, CA, where he established their global macro strategies, managing in excess of $5B of exposure across equity, credit, FX, commodity and derivative markets.
In addition to his work as a market theorist and portfolio manager, Michael has been noted for his work as a public speaker and financial media participant. He is a graduate of the Wharton School at the University of Pennsylvania and a CFA holder.
Michael Green -
Substack - https://www.yesigiveafig.com/
Twitter - https://twitter.com/profplum99
LinkedIn - https://www.linkedin.com/in/michael-green-9a15142/
Simplify - https://www.simplify.us/
WTFinance -
Instagram - https://www.instagram.com/wtfinancee/
Spotify - https://open.spotify.com/show/67rpmjG92PNBW0doLyPvfn
iTunes - https://podcasts.apple.com/us/podcast/wtfinance/id1554934665?uo=4
Twitter - https://twitter.com/AnthonyFatseas
Interview recorded - 7th of August, 2023
On this episode of the WTFinance podcast I have the pleasure of speaking with Chris Vermeulen - Founder & Chief Market Strategist at The Technical Traders.
During our conversation we spoke about whether Chris expected a bull market in 2023, Chris' investment strategy, whether we are approaching a double top and more!
0:00 - Introduction
0:37 - Did Chris expect a bullish 2023?
2:37 - Chris’ investment strategy?
9:25 - Key focus is price
11:25 - How do you identify strong trends?
12:52 - Looking at longer timeframes
15:07 - What is the reinvesting strategy?
18:52 - Could we have already had the bear market in 2022?
20:55 - How do you know when the bear market begins?
23:42 - Are we approaching a double top?
25:07 - Hierarchy of assets?
27:32 - One message to takeaway from our conversation?
Chris Vermeulen, the visionary investor who pioneered an industry-breaking method of investing called “Asset Revesting.” Chris introduced this innovative approach in his latest book, “Asset Revesting – How to Exclusively Hold Assets Rising in Value, Profit During Bear Markets, and Continue Building Wealth in Retirement.“
Chris’s journey in the financial world began in 1997 at 16. Using his innate talent for trading and risk management, Chris earned enough money to pay for his final year of college, where he earned a business diploma in operations management. He then transitioned into a full-time entrepreneur and trader, achieving financial freedom in his 20s.
His expertise in technical analysis led him to create systematic processes that uncover unique trading and investment opportunities. A persistent advocate for managing portfolio risk, Chris has little faith in the buy-and-hold strategy, which often entails holding onto depreciating assets.
Chris’s innovative approach to asset allocation emphasizes efficiency, resulting in systems that manage portfolio positions, exhibit low drawdowns, and consistently outperform the markets. His short-term and long-term strategies are perfect for those seeking proven techniques to manage and protect capital.
Chris is widely recognized as an exceptional technical trader, possessing profound insight and a keen understanding of market trends. He shares his wisdom in his book “Technical Trading Mastery, Second Edition – 7 Steps to Win with Logic,” further solidifying his reputation as a trailblazer in the financial industry.
Chris Vermeulen -
Website - https://thetechnicaltraders.com/
Twitter - https://twitter.com/TheTechTraders
YouTube - @TheTechnicalTraders
WTFinance -
Instagram - https://www.instagram.com/wtfinancee/
Spotify - https://open.spotify.com/show/67rpmjG92PNBW0doLyPvfn
iTunes - https://podcasts.apple.com/us/podcast/wtfinance/id1554934665?uo=4
Twitter - https://twitter.com/AnthonyFatseas
Interview recorded - 1st of August, 2023
On this week of the WTFinance podcast I have the pleasure of speaking with Chance Finucane - Chief Investment Office of Oxbow Advisors.
During our conversation we spoke about Chance's thoughts on the market, why they went risk on at the end of 2022, which companies are overvalued and more!
0:00 - Introduction
0:57 - What is Chance’s thoughts on the market?
2:55 - Why risk on at the end of 2022?
3:27 - Rotating into other sectors?
5:50 - What does an undervalued company look like?
7:45 - Ominous trend of mean reversion?
9:18 - What is the economic data currently saying?
12:15 - What is Chase’ base case?
13:53 - Which specific industries are undervalued?
15:55 - What is your strategy to calculating fair value?
17:55 - How long holding stocks for?
19:45 - What other assets is Chance watching?
22:05 - One message to takeaway from our conversation?
Chance joined Oxbow in 2017 after spending six years on the investment team at Institutional Capital (ICAP), a global value investment firm based in Chicago. He is a graduate of Indiana University with a B.S. in Accounting and Finance and an M.B.A. in Accounting. Chance is a member of the firm’s investment committee.
Chance Finucane -
Twitter - https://twitter.com/chancefinucane?lang=en
Website - https://oxbowadvisors.com/
Twitter - https://www.linkedin.com/in/chance-finucane-a2b82b128/
WTFinance -
Instagram - https://www.instagram.com/wtfinancee/
Spotify - https://open.spotify.com/show/67rpmjG92PNBW0doLyPvfn
iTunes - https://podcasts.apple.com/us/podcast/wtfinance/id1554934665?uo=4
Twitter - https://twitter.com/AnthonyFatseas
Thumbnail image from - https://www.adviserinvestments.com/bi-weekly-newsletter/are-stocks-overvalued/
Interview recorded - 1st of August, 2023
On this episode of the WTFinance podcast I have the pleasure of speaking with Mish Shedlock - Investment Analyst and Writer of the great global economics blog called “MishTalk”.
During our conversation we spoke about the political drivers of the economy, how inflation is impacting the markets, what does a FED pivot mean for assets and whether the economy is currently on the brink of an economic crisis. I hope you enjoy!
0:00 - Introduction
1:00 - What is Mish currently watching?
4:30 - Is inflation a political issue?
9:10 - Have the FED taken the correct action raising rates?
11:25 - Is inflation going to stay higher for longer?
16:20 - What does a FED pivot mean for assets?
20:28 - What data points will Mike be watching to see when markets shift?
22:45 - Is China going the way of Japan?
26:45 - Further risk of banking crises?
30:45 - What will be the competitor to the US dollar?
36:50 - One message to takeaway from our conversation?
Mish is a highly acclaimed macro-economic writer and one of the early financial pioneer bloggers. Mish has written articles every day since 2003. That’s 20 straight years of publishing at least one economic post per day allowing for “Merry Christmas” and “Happy New Year” articles.
In summer of 2006, Mish called the top of the residential housing bubble, and the bottom in March of 2009.
In 2009, Mish’s Global Economic Trend Analysis was on the cover of online Time Magazine, Best 25 Financial Blogs.
In 2010, the New York Times cited Mish along with Barry Ritholtz and Calculated Risk in its #1 Idea of the year called: Do-It-Yourself Macroeconomics. The article was about people who called the global economy better than any formally trained economists.
Mish is a believer in free markets and small government. He writes from a Libertarian and Austrian economist point of view.
Discussion posts, typically multiple times a day, include interest rates, central bank policy, gold and precious metals, jobs, global politics, and economic reports from the BLS, BEA, and Commerce Department. On the first Friday of every month, Mish goes over the monthly job statistics in much greater detail than anything in mainstream media. The same applies to the monthly CPI, PPI, and housing reports from the BLS and commerce department.
Mike Shedlock -
Website - https://mishtalk.com/
Twitter - https://twitter.com/MishGEA?ref_src=twsrc%5Egoogle%7Ctwcamp%5Eserp%7Ctwgr%5Eauthor
WTFinance -
Instagram - https://www.instagram.com/wtfinancee/
Spotify - https://open.spotify.com/show/67rpmjG92PNBW0doLyPvfn
iTunes - https://podcasts.apple.com/us/podcast/wtfinance/id1554934665?uo=4
Twitter - https://twitter.com/AnthonyFatseas
Interview recorded - 1st of August, 2023
On this episode of the WTFinance podcast I had the pleasure of speaking with Hugh Hendry - Former Hedge Fund manager of Eclectica Asset Management, also known as the Acid Capitalist.
During our conversation we spoke about why Hugh is fearful, similarities between today and 2008, understanding the actions of central banks and an explanation of Hugh's portfolio. I hope you enjoy.
0:00 - Introduction
1:45 - What is Hugh seeing and is he fearful?
4:55 - Are there similarities between today and 2008?
10:09 - Fiscal stimulus has picked up private demand slack?
12:14 - We are in the waiting room
17:50 - Understand what your position means
19:20 - Are central banks acting faster as seen with UK Pension Crisis and SVB collapse?
26:39 - Inflation wouldn’t have changed with faster interest rate increases
31:38 - Hugh’s portfolio
42:55 - One message to takeaway from our conversation?
Hugh Hendry is an award winning hedge fund manager, market commentator, thought leader, ST Barts Real Estate Investor & Surfer.
Hugh Hendry was the founding partner and chief investment officer of the now defunct hedge fund firm, Eclectica Asset Management. The fund was created in 2003 and returned 50 per cent from the revival in the gold price.
Hugh later attracted media attention when his fund achieved a 31.2 per cent positive return in 2008 during the depths of the financial crisis, earning him a reputation as a contrarian investors. He has been referred to as "the most high-profile Scot" in the hedge fund sector.
Hugh Hendry -
Twitter - https://twitter.com/hendry_hugh
YouTube - @HughHendryOfficial
Website - https://hughhendry.com/
Instagram - https://www.instagram.com/hughhendryofficial/
Patreon -
WTFinance -
Instagram - https://www.instagram.com/wtfinancee/
Spotify - https://open.spotify.com/show/67rpmjG92PNBW0doLyPvfn
iTunes - https://podcasts.apple.com/us/podcast/wtfinance/id1554934665?uo=4
Twitter - https://twitter.com/AnthonyFatseas
Interview Recorded - 27th of July, 2023
Buy Book Here - https://www.amazon.co.uk/Price-Time-Real-Story-Interest/dp/0241569168/
On this episode of the WTFinance podcast I have the pleasure of speaking with Edward Chancellor - A financial historian, journalist and investment strategist. He is also the author of the recently released book “The Price of Time”.
During our conversation we spoke about the Price of Time, what impact low interest rates have had on markets and the economy, what we can expect in the future and more. I hope you enjoy.
0:00 - Introduction
1:18 - What is the Price of Time?
4:27 - Why is the price of time important?
9:18 - What impact does negative interest rates have on the economy & markets?
16:18 - Valuations go down as interest rates go up
23:33 - Surprised by how certain markets have held up with higher interest rates?
28:43 - Could history be suggesting current empires will collapse?
40:03 - Interest rates are difficult to predict
42:08 - One message to take away from conversation?
Edward Chancellor is a financial historian, journalist and investment strategist. Edward read history at Trinity College, Cambridge, where he graduated with first-class honours, and later gained an M.Phil. in Enlightenment history from Oxford University. In the early 1990s he worked for the London merchant bank, Lazard Brothers. He was later an editor at the financial commentary site, Breakingviews. From 2008 to 2014, Edward was a senior member of the asset allocation team at GMO, the Boston-based investment firm.
He is currently a columnist for Reuters Breakingviews and an occasional contributor to the Wall Street Journal, MoneyWeek, the New York Review of Books and Financial Times. In 2008, Edward received the George Polk Award for financial reporting for his article “Ponzi Nation” in Institutional Investor magazine.
Edward Chancellor is the author of Devil Take the Hindmost: A History of Financial Speculation (Farrar Straus/Macmillan, 1999), a New York Times Notable Book of the Year. Devil Take the Hindmost has been translated into more than half a dozen languages. In 2005, he published the report, Crunch-Time for Credit? (Harriman House), an analysis of the ongoing credit boom in the US and UK. Edward has also edited two well-received investment books, Capital Account (Thomson Texere, 2004) and Capital Returns (Palgrave Macmillan, 2015).
His latest book, The Price of Time, is published by Allen Lane in the United Kingdom and Atlantic Monthly Press in the United States. The Price of Time has been longlisted for the FT 2022 Business Book of the Year.
Edward Chancellor -
Website - https://www.edwardchancellor.com/
Twitter - https://twitter.com/chancellor_e
WTFinance -
Instagram - https://www.instagram.com/wtfinancee/
Spotify - https://open.spotify.com/show/67rpmjG92PNBW0doLyPvfn
iTunes - https://podcasts.apple.com/us/podcast/wtfinance/id1554934665?uo=4
Twitter - https://twitter.com/AnthonyFatseas
Interview recorded - 5th of July, 2023
On this episode of the WTFinance podcast I had the pleasure of speaking with Richard Sylla, Professor Emeritus of Economics and finance historian.
During our conversation we spoke about whether the system can handle rising interest rates with the high debt levels, if this would require depreciation of the currency, whether financialisation is a bad thing and more!
0:00 - Introduction
1:23 - How can we compare recent economics to the past?
5:05 - Can the system handle increasing interest rates with high debt?
8:45 - Depreciation of currency
10:30 - Where would economic growth come from?
11:45 - Have emerging markets taken growth away from developed markets the past decades?
15:32 - How can central banks overcome inflation?
19:35 - Will the FED push the economy into a recession?
22:10 - Unemployment remaining strong
24:20 - Have interest rates ever increased so much without a recession?
25:55 - What is real interest rate?
29:03 - Is financialisaton a bad thing?
31:35 - Japanification
34:10 - Are central banks kicking our problems down the road?
37:50 - Looking at the long term
42:00 - One message to take away from our conversation?
Richard Sylla is a Professor Emeritus of Economics and the former Henry Kaufman Professor of the History of Financial Institutions and Markets at New York University Stern School of Business. He teaches courses in financial history, economic and business history of the United States, and comparative enterprise systems.
Professor Sylla has been with NYU Stern since 1990. His primary areas of research include historical studies of money, banking, and finance. He is the author of several books, including The American Capital Market and A History of Interest Rates. His writing has appeared in numerous publications, including the Journal of Economic History, Explorations in Economic History, Business History Review, and Enterprise & Society. He is also on the editorial board of many journals that include the Financial History Review, Enterprise and Society, and Economic and Financial History Abstracts. Professor Sylla has also been the recipient of several awards and grants including National Science Foundation grants, an Alfred P. Sloan Foundation grant and the Citibank Award for Excellence in Teaching at the Stern School. He served as President of the Economic History Association and the Business History Conference, and is currently the Chairman of the Museum of American Finance. He is a Fellow of the Cliometric Society and the American Academy of Arts and Sciences.
Prior to joining Stern, Professor Sylla taught at North Carolina State and the University of Pennsylvania among others. Professor Sylla received his bachelor of arts from Harvard University before studying at the Indian Statistical Institute at Calcutta. He then received both his master of arts and his doctorate of philosophy from Harvard University.
Richard Sylla -
Website - https://www.stern.nyu.edu/faculty/bio/richard-sylla
Research - https://www.nber.org/people/richard_sylla?page=1&perPage=50
WTFinance -
Instagram - https://www.instagram.com/wtfinancee/
Spotify - https://open.spotify.com/show/67rpmjG92PNBW0doLyPvfn
iTunes - https://podcasts.apple.com/us/podcast/wtfinance/id1554934665?uo=4
Twitter - https://twitter.com/AnthonyFatseas
Interview recorded - 7th of July, 2023
On this episode of the WTFinance podcast I had the pleasure of speaking with Jason Shapiro, Principal at JS Trading and Chief Strategist of Crowded Market Report.
During our conversation we spoke about how Jason believes markets have more upside, his market sentiment strategy, why its all about choosing the right trade, the current opportunities Jason is watching and more!
0:00 - Introduction
1:25 - What is Jason seeing in the markets?
4:00 - How do you know when sentiment has changed?
5:30 - Don’t buy the laggers
6:40 - Jason’s strategy, how he built it and why it is successful?
10:00 - What do most traders do wrong?
13:15 - Its not just about being right, but choosing the right trade
14:50 - Concentration of markets
18:30 - What is Jason’s process?
21:30 - What happens when position closes?
22:35 - Position sizing
23:10 - What are the current opportunities?
28:30 - One message to take away from our conversation?
33:06 - Where to find Jason’s work?
With over 30 years of trading experience, Jason has gone through most markets a trader should see in their career. From the crazy rallies during the 90s, the tech bubble pop in early 2000s, the 2008 market crash and the latest bull run starting in 2009. Through the last 20 years of his career, he has used a contrarian approach which has been very successful to him and his clients, as verified by Jack D. Schwager in his latest MARKET WIZARDS BOOK. Jason has managed large sums of money from a few million to several hundred million and learned a great deal about the Futures markets, from Equities, Currencies and Fixed Income to Currencies and Precious Metals.
Jason Shapiro -
Website - https://www.crowdedmarketreport.com/
Twitter - https://twitter.com/Crowded_Mkt_Rpt
LinkedIn - https://www.linkedin.com/in/jason-shapiro-53674994/
YouTube - @crowdedmarketreport
WTFinance -
Instagram - https://www.instagram.com/wtfinancee/
Spotify - https://open.spotify.com/show/67rpmjG92PNBW0doLyPvfn
iTunes - https://podcasts.apple.com/us/podcast/wtfinance/id1554934665?uo=4
Twitter - https://twitter.com/AnthonyFatseas
Interview recorded - 5th of July, 2023
During this interview of the WTFinance podcast I had the pleasure of speaking with Daniel McNamara - Founder & CIO of Polpo Capital.
During our conversation we spoke about what is happening in commercial real estate, why this market could see large losses, who are the bag holders and what this means for commercial real estate moving forward. I hope you enjoy!
0:00 - Introduction
0:53 - What is happening in commercial real estate?
3:40 - Which geographies will be the most effected and who are the bag holders?
6:05 - Investors to take large losses
7:30 - Worse with variable rates internationally?
8:40 - Could commercial real estate be a catalyst for another 2008 crisis?
10:00 - Types of commercial real estate
12:30 - Cyclical trend - old vs new
14:25 - Converting commercial to homes
15:55 - Asset managers walking away from commercial real estate investments
18:40 - Any other macro drivers?
19:40 - Where are the commercial real estate opportunities?
21:40 - How does an extension work?
23:20 - During distress, rotating to higher quality assets
25:40 - One message to takeaway from conversation?
Daniel McNamara -
Twitter - https://twitter.com/danjmcnamara
Website - https://www.polpocapital.com/
LinkedIn - https://www.linkedin.com/in/daniel-mcnamara-946a969/
WTFinance -
Instagram - https://www.instagram.com/wtfinancee/
Spotify - https://open.spotify.com/show/67rpmjG92PNBW0doLyPvfn
iTunes - https://podcasts.apple.com/us/podcast/wtfinance/id1554934665?uo=4
Twitter - https://twitter.com/AnthonyFatseas
Interview recorded - 7th of July, 2023
Buy the book here - https://www.amazon.co.uk/Fourth-Turning-Here-Seasons-History/dp/1982173734/
On todays WTFinance podcast I had the pleasure of speaking with Neil Howe, co-author of the ground breaking “The Fourth Turning” and author of the upcoming update to the original book “The Fourth Turning is Here: What the Seasons of History Tell Us About How and When This Crisis will End.”
During our conversation we spoke about what the seasons of history are, how they influence demographics, what the current Fourth Turning could bring and the potential golden age after such crises. I hope you enjoy.
0:00 - Introduction
2:00 - Overview of the seasons of history and the Fourth Turning?
11:13 - Seasons and how they influence demographics?
20:10 - When did the current crisis period begin?
23:50 - Are these seasons inevitable?
28:10 - What other crises can we expect in the next decade?
33:45 - Emergence of global powers after winters
39:55 - How will nuclear weapons impact future crises conflict?
47:25 - What can we expect after crises?
51:40 - One message to takeaway from our conversation?
Neil Howe is an acclaimed historian, economist, and demographer and the bestselling author (with William Strauss) of The Fourth Turning, as well as over a dozen books on demographic and social change. The nation’s leading thinker on today’s generations—who they are, what motivates them, and how they will shape America’s future—Howe is Managing Director of Demography at Hedgeye Risk Management, an independent financial research firm, as well as President of LifeCourse Associates, which serves hundreds of corporate, nonprofit, and government clients. He lives with his family in Great Falls, Virginia.
Neil Howe -
LinkedIn - https://www.linkedin.com/in/neilhowe/
Twitter - https://twitter.com/HoweGeneration
Hedgeye - https://app.hedgeye.com/
WTFinance -
Instagram - https://www.instagram.com/wtfinancee/
Spotify - https://open.spotify.com/show/67rpmjG92PNBW0doLyPvfn
iTunes - https://podcasts.apple.com/us/podcast/wtfinance/id1554934665?uo=4
Twitter - https://twitter.com/AnthonyFatseas
Thumbnail image from - Thomas Cole, Series "The Course of Empire - Destruction"
Interview recorded - 30th of June, 2023
On this episode of the WTFinance podcast I have the pleasure of speaking with Thomas Thornton, President at Hedge Fund Telemetry.
During our conversation we spoke about why the FED will continue to hike, the potential for a hard landing, Thomas' trading strategy and what sectors we could see a rotation into. I hope you enjoy!
0:00 - Introduction
1:32 - Can the FED created a soft landing?
4:20 - Indicators that Thomas is currently watching for a reversal?
12:20 - Could markets be at the peak?
18:23 - Any other macro drivers they watching?
19:35 - Rotation between different sectors
21:50 - What other sectors?
24:20 - How else does Thomas get trade opinions?
26:20 - One message to takeaway from our conversation
Former portfolio manager, senior trader, and technical analyst with Level Global Investors and Galileo Capital. Tom has written a daily market note for a select group of hedge fund managers for years and now has offered it for all investors with Hedge Fund Telemetry. His long term focus on sentiment indicators borders on the obsessive. Our growing team at Hedge Fund Telemetry is comprised of current and former buy and sell side individuals.
Thomas Thornton -
Website - https://www.hedgefundtelemetry.com/
Twitter - https://twitter.com/TommyThornton
LinkedIn - https://www.linkedin.com/in/thomas-thornton-16130310/
WTFinance -
Instagram - https://www.instagram.com/wtfinancee/
Spotify - https://open.spotify.com/show/67rpmjG92PNBW0doLyPvfn
iTunes - https://podcasts.apple.com/us/podcast/wtfinance/id1554934665?uo=4
Twitter - https://twitter.com/AnthonyFatseas
Thumbnail image from - https://www.wealthprofessional.ca/investments/mutual-funds/money-managers-caught-off-guard-as-stock-market-shifts/373687
Interview Recorded - 29th of June, 2023
On this episode of the WTFinance podcast I had the pleasure of speaking with Andy Schectman, President of Miles Franklin Precious Metals Investments.
During our conversation we spoke about what is currently happening in the markets, why governments are driving currencies into the ground, whether this could be the end to the US Empire and which assets will perform during this period. I hope you enjoy!
0:00 - Introduction
1:10 - What is Andy currently watching?
10:50 - Governments driving currencies into the ground
17:18 - Can the current economy transition to a asset-backed currency?
23:03 - Why would anyone trust an asset-backed currency?
29:14 - Is this the end of the US Empire?
34:17 - Which assets will perform during this period?
38:05 - One message to take away from our conversation
Prior to starting Miles Franklin, Ltd. in 1989, Andrew became a Licensed Financial Planner, specializing in Swiss Franc Investments and alternative investments. At Miles Franklin Ltd., a company that has eclipsed $5 billion in sales, Andrew has developed an operation that maintains trust, collaboration, and ethical behavior, superior customer service and satisfaction to better serve their clients. He is responsible for overseeing the firm’s operations and business functions; including strategy and planning, account management, finance, and new business.
Andy Schectman
Website - https://www.milesfranklin.com/
Twitter - https://twitter.com/milesfranklinco
LinkedIn - https://www.linkedin.com/in/andy-schectman-0895854/
WTFinance -
Instagram - https://www.instagram.com/wtfinancee/
Spotify - https://open.spotify.com/show/67rpmjG92PNBW0doLyPvfn
iTunes - https://podcasts.apple.com/us/podcast/wtfinance/id1554934665?uo=4
Twitter - https://twitter.com/AnthonyFatseas
Interview recorded - 27th of June, 2023
On this episode of the WTFinance podcast I had the pleasure of speaking with Julian Brigden, Co-Founder and President of Macro Intelligence 2 Partners.
During our conversation we spoke about Julian's thoughts on the current market, fiscal vs private investment, why the second half could be horrible for US equities, whether the market can ween itself off QE and what the future looks like. I hope you enjoy!
0:00 - Introduction
0:12 - Julian’s thoughts on current market action?
5:10 - Fiscal replaces private weakness?
7:40 - Fiscal benefit goes towards certain industries
9:15 - Central Banks changing pivot tone
11:45 - K recovery within the economy?
13:40 - Second half of the year will be different
17:20 - Reverse repo to bills
20:20 - Bullish narrative will change
23:25 - What will Julian be watching?
25:40 - Equity market performance revolves around liquidity
27:40 - Can the market ween itself off QE?
32:15 - Can Central Banks continue current QE process?
37:53 - AI Revolution or Productivity Increase
39:50 - Any positivity?
43:40 - Would US equities fall more if US Dollar strengthens?
45:35 - One message to takeaway from our conversation?
Julian Brigden is the Head of Research at Macro Intelligence 2 Partners, a firm he co-founded in 2011. He leads a six-person team of research and market professionals to publish independent macroeconomic research that is both ahead of market consensus and timely. Julian has over 30 years of experience in financial markets including positions in market and policy focused consulting to institutional investors as well as FICC sales.
Julian is a trusted advisor to many top money managers who use MI2 Partners’ research to guide their investment process. He has extensive experience with macro data analysis, broad fixed income, equity market (not individual stocks) and currencies. He is particularly skilled at exploring correlations in the economy and financial markets vital to a vast array of investment decision-makers. As a global macro strategist, Julian’s primary focus is understanding and explaining macroeconomic and policy-related developments to tell clients what is important in markets and what to fade.
Julian spent five years at Medley Global Advisors from 1999 to 2004, a leading macro policy intelligence firm, as the Managing Director of the G7 Client Team, providing timely trading recommendations. From 2004 to 2011, he served as North American Head of Hedge Fund Sales at Crédit Agricole. He has worked in London, Zurich, New York and Vail at UBS, Lehman Brothers, HSBC, Drexel, Credit Suisse, and Salomon Brother in foreign exchange and precious metals.
MI2 Institutional Research offers a student discount for their subscription. The Student rate is $5,001/year for one user and includes access to:
8-10 Monthly Research Reports:
Any questions may be directed to: support@mi2partners.com
If you are interested in learning more about the Global Macro Summit in Vail between September 26 - 29, check out the link below -
https://mi2partners.com/global-macro-summit-early-bird-registration/
Julian -
Website - https://mi2partners.com/
Twitter - https://twitter.com/JulianMI2
LinkedIn - https://www.linkedin.com/in/julian-brigden-150b2114
WTFinance -
Instagram - https://www.instagram.com/wtfinancee/
Spotify - https://open.spotify.com/show/67rpmjG92PNBW0doLyPvfn
iTunes - https://podcasts.apple.com/us/podcast/wtfinance/id1554934665?uo=4
Twitter - https://twitter.com/AnthonyFatseas
Interview recorded - 28th of June, 2023
On this episode of the WTFinance podcast I had the pleasure of welcoming back David Hunter for a third time.
During our conversation we spoke about whether the Melt-Up is still on, what will influence it, which sectors will benefit from this and why the market is still so bearish. I hope you enjoy!
0:00 - Introduction
1:00 - Does David think Melt-Up is still on?
3:10 - Why will the S&P hit 6-7,000?
8:20 - Defensive investors forced to enter stock market?
11:10 - Drain of liquidity
12:35 - Concerned about concentration of market?
14:30 - Economic support or market driven?
18:25 - Worst after the FED cuts?
22:34 - Fundamentals driving Melt-up
27:09 - Bull market is currently contrarian
29:40 - One message to takeaway from conversation?
Investment professional with 25 years of investment management experience and 20 years as a sell-side strategist with strong expertise in macroeconomic analysis and portfolio management. My strong macro capabilities combined with a contrarian philosophy have allowed me to forecast economic cycles and spot market trends well ahead of the consensus. Intellectually honest, independent thinker comfortable with charting a course apart from the crowd. Accomplished stock picker and value-oriented portfolio manager.
David Hunter -
Twitter - https://twitter.com/DaveHcontrarian
LinkedIn - https://www.linkedin.com/in/david-hunter-668ba015/
WTFinance -
Spotify - https://open.spotify.com/show/67rpmjG92PNBW0doLyPvfn
iTunes -https://podcasts.apple.com/us/podcast/wtfinance/id1554934665?uo=4
Linkedin - https://www.linkedin.com/in/anthony-fatseas-761066103/
Twitter - https://twitter.com/AnthonyFatseas
Interview recorded - 20th of June, 2023
On this episode of the WTFinance podcast I have the pleasure of speaking with John Rubino - Founder of dollarcollapse.com, author/co-author of 5 books and a great Substack.
During our conversation we spoke about the bearish pain to come, why we will see further bank failures, could central banks bail out governments, whether this would lead to a Bretton Woods 3.0 and how to protect wealth during this period. I hope you enjoy!
0:00 - Introduction
0:53 - Key events that John is currently watching?
4:10 - Surprised how well the economy has held up?
5:20 - How will John know bearish catalyst
8:35- Why would central banks not bail out government?
13:10 - Do central bankers have any tools left to save the current system?
16:30 - Bretton Woods 3.0 or BRICS currency to emerge?
22:00 - What is happen with the Euro?
29:10 - Potential for a hot or cold war between diverging regions?
35:20 - How to protect wealth?
37:20 - Is land really a store of wealth when governments can tax?
40:55 - Key message to take away from our conversation?
John Rubino is a former Wall Street financial analyst and author or co-author of five books, including The Money Bubble: What To Do Before It Pops and Clean Money: Picking Winners in the Green-Tech Boom. He founded the popular financial website DollarCollapse.com in 2004 and sold it in 2022.
John's newsletter provides actionable advice, based on a couple of premises:
-
The financial world is spinning out of control and will get considerably worse before it gets better.
-
There are things we can do to improve our odds of surviving and thriving as the chaos unfolds.
John Rubino -
Substack - https://rubino.substack.com/
LinkedIn - https://www.linkedin.com/in/john-rubino-a952146/
WTFinance -
Spotify - https://open.spotify.com/show/67rpmjG92PNBW0doLyPvfn
iTunes -https://podcasts.apple.com/us/podcast/wtfinance/id1554934665?uo=4
LinkedIn - https://www.linkedin.com/in/anthony-fatseas-761066103/
Twitter - https://twitter.com/AnthonyFatseas
Interview recorded - 20th of June, 2023
On this episode of the WTFinance podcast I had the pleasure of speaking with Michael A. Gayed, Portfolio manager at Toroso Investments and publisher of @leadlagreport .
During our conversation we spoke about whether we still are in a recession, why the FED will increase interest rates further, other macro drivers Michael is watching and whether we will experience a Melt-Up. I hope you enjoy!
0:00 - Introduction
1:27 - What is happening in lumber and real estate?
4:07 - Why will the FED increase interest rates further?
5:50 - Any other parts of the markets that you are concerned about?
9:42 - Concentration of stocks
11:32 - Nvidia and CISCO
13:22 - Other macro drivers Michael is watching?
15:22 - How long can debtors survive?
17:03 - Melt-up?
19:07 - One message to takeaway from our conversation?
Prior to Toroso Investments, Michael was the Co-Portfolio Manager and Chief Investment Strategist at Pension Partners, LLC, an investment advisor managing mutual funds and separate accounts. He is the author of five award-winning research papers on market anomalies and investing. Michael was an active contributor to MarketWatch for a number of years and has been interviewed on CNBC, Bloomberg, and Fox Business, as well as the Wall Street Journal Live for his unique approach to interpreting market movements.
Michael earned his Bachelor of Science degree with a double major in Finance & Management at NYU Stern School of Business. Michael became a CFA Charterholder in 2008.
Michael Gayed -
YouTube - @leadlagreport
Website - https://www.leadlagreport.com/
Twitter - https://twitter.com/leadlagreport
LinkedIn - https://www.linkedin.com/in/michael-a-gayed-cfa/
Instagram - https://www.instagram.com/leadlagreport/
WTFinance -
Instagram - https://www.instagram.com/wtfinancee/
Spotify - https://open.spotify.com/show/67rpmjG92PNBW0doLyPvfn
iTunes - https://podcasts.apple.com/us/podcast/wtfinance/id1554934665?uo=4
Twitter - https://twitter.com/AnthonyFatseas
Interview recorded - 19th of June, 2023
On this episode of the WTFinance podcast I had the pleasure of speaking with Lawrence Lepard, Founder of Equity Management Associates and Sound Money Advocate.
During our conversation we spoke about what sound money is, whether our current economy can adapt to sound money, Bretton Wood 3.0 or BRICS currency, which assets will benefit and more!
0:00 - Introduction
0:20 - What is sound money?
6:20 - Can our current economy use sound money?
10:10 - How long does the FIAT system have?
17:35 - System will fight for as long as possible
20:18 - Bretton Wood 3.0?
22:55 - Could governments block the FIAT exits?
26:20 - Assets to protect wealth during hyperinflation?
27:42 - One message to take away from our conversation?
30:25 - Blackrock ETF good or bad for Bitcoin?
Larry founded Equity Management Associates, LLC (EMA) in 2006. EMA is an equity investment management firm that invests in growing private and public companies located around the world.
Since 2008, EMA has focused on investing in companies which mine the monetary metals, gold and silver. Larry presently serves on the Board of Directors of two development-stage gold mining companies: Lavras Gold Corp. (Toronto/Brazil) and Rise Gold Corp. (California). He has been a frequent guest of many media outlets including Bloomberg Television for his expertise on the monetary metals market. Prior to founding EMA, he spent 13 years at Geocapital Partners (Geo) in Fort Lee, NJ. There, he was one of two Managing General Partners and was responsible for four venture capital funds, aggregating ~$500 million. At Geo, he invested and/or served on the boards of many successful deals including Autoweb, Jackson Hewitt, Netcom, and Realtor.com.
Prior to Geo, Larry spent seven years at Summit Partners in Boston, MA and Newport Beach, CA, where he established Summit’s West Coast office. Larry was a General Partner in Summit I and Summit II and invested and/or served on the boards of Chips & Technologies and Software Spectrum, among other investments. Earlier in his career, Larry worked in the Mergers & Acquisitions Group of Smith Barney, Harris Upham & Co.
Lawrence Lepard -
Website - https://www.ema2.com/
Twitter - https://twitter.com/LawrenceLepard
WTFinance -
Instagram - https://www.instagram.com/wtfinancee/
Spotify - https://open.spotify.com/show/67rpmjG92PNBW0doLyPvfn
iTunes - https://podcasts.apple.com/us/podcast/wtfinance/id1554934665?uo=4
Twitter - https://twitter.com/AnthonyFatseas
Interview Recorded - 13th of June, 2023
On this episode of the WTFinance podcast I had the pleasure of speaking with Jaspreet Singh, Serial Entrepreneur and founder of The Minority Mindset.
During our conversation we talked about the impending recession, whether it will be the same as 2008, how to benefit off a recession and more! I hope you enjoy.
0:00 - Introduction
1:00 - Current Macroeconomic Drivers Jaspreet is watching?
6:50 - Inflation to increase or decrease?
9:38 - Will this time be the same as 2008?
13:35 - Blackrock or other institutions to buy up distressed assets?
16:55 - How can individuals position to benefit off financial market distress?
22:45 - How will Jaspreet invest during this period?
26:50 - How do macro drivers effect Jaspreet’s portfolio?
27:45 - One message to take away?
Jaspreet “ @MinorityMindset ” Singh is a serial entrepreneur and licensed attorney on a mission to spread financial education. His YouTube Channel has over one million subscribers.
Although he didn’t receive any formal financial education – he’s on a mission to make financial education fun and accessible.
Jaspreet is the Chief Executive Money Nerd at the Minority Mindset Companies and the host of the Minority Mindset YouTube Channel.
Jaspreet is self-taught. His parents are immigrants from the state of Punjab, India. Like many of his second generation Indians, Jaspreet grew up thinking that he needed to become a doctor. But he found a new path. He started his first business – an event planning company – when he was in college.
However, Jaspreet didn’t see a future with that company. After graduating college, Jaspreet pursued law school where he continued his entrepreneurial and financial ventures.
While in college, he started investing in real estate. But he quickly realized that if he wanted to continue investing in real estate, he’d need access to more capital. So, Jaspreet jumped back into entrepreneurship.
After a couple years of research, Jaspreet invented a water-resistant athletic sock.
During the launch of his sock company, he was scammed by a marketing company which cost him thousands of dollars. This scam pushed him to start an educational social media page, which he called Minority Mindset. The Minority Mindset implies thinking differently than the majority of people. It’s not a racial minority.
He started the Minority Mindset YouTube Channel as a hobby to teach others how to not make the same mistakes he made.
Around the time when his YouTube Channel hit 100,000 subscribers – his sock patent was denied. At this point, he was forced to make a decision…
Continue with the sock company, or pursue “Minority Mindset”?
The sock company was profitable while Minority Mindset was not. He decided to follow his passion and pursued Minority Mindset full time after graduating law school.
Now the Minority Mindset brand has grown into a number of companies including Briefs Media – a media company and Market Insiders – an investing education app. His brand has helped countless people get out of debt, start investing, and create a plan towards building wealth.
Jaspreet Singh -
YouTube - @MinorityMindset
Briefs Media - https://briefs.co/
Website - https://theminoritymindset.com/
Twitter - https://twitter.com/MinorityM1ndset
WTFinance -
Instagram - https://www.instagram.com/wtfinancee/
Spotify - https://open.spotify.com/show/67rpmjG92PNBW0doLyPvfn
iTunes - https://podcasts.apple.com/us/podcast/wtfinance/id1554934665?uo=4
Twitter - https://twitter.com/AnthonyFatseas
Interview recorded - 14th of June, 2023
On todays episode of the WTFinance podcast I had the pleasure of speaking with Nick Glinsman, Co-Founder at Malmgren-Glinsman Partners.
During this conversation we spoke about Nick's opinion on the FOMC meeting, why BRICS+ will be a disaster, the disaster that China currently is, what opportunities are available and more!
0:00 - Introduction
1:20 - Nicks opinion on the FOMC meeting
9:05 - Global Macro outlook
12:20 - European outlook
15:10 - BRICS+ is a disastrous idea
17:30 - Does the market believe the FED?
20:20 - Is risk in the equity market?
24:40 - Recession but huge fiscal spending
25:40 - Where is the opportunity?
33:40 - Bearish China
40:00 - One message to takeaway?
Nick Glinsman -
Research Website - https://d5d0c2-2.myshopify.com/
Twitter - https://twitter.com/nglinsman
LinkedIn - https://www.linkedin.com/in/nick-glinsman-75b53/?originalSubdomain=uk
WTFinance -
Instagram - https://www.instagram.com/wtfinancee/
Spotify - https://open.spotify.com/show/67rpmjG92PNBW0doLyPvfn
iTunes - https://podcasts.apple.com/us/podcast/wtfinance/id1554934665?uo=4
Twitter - https://twitter.com/AnthonyFatseas
Interview Recorded - 13th of June, 2023
On this episode of the WTFinance podcast I had the pleasure of speaking with Eric Basmajian, Founder of EPB Research.
During our conversation we spoke about whether a housing crash is still on the cards, why this is linked to a recession, Eric's economic data analysis process, how employment has remained strong with these conditions and other macro drivers Eric is currently watching. I hope you enjoy!
0:00 - Introduction
1:10 - Is a housing crash still on the cards?
6:14 - International housing markets in a similar position?
7:02 - Eric’s economic data analysis process
14:40 - Are the data points weighted based on importance?
17:35 - Difficult to predict a recession
21:37 - Revising data
24:10 - How has employment remained strong with these conditions?
30:05 - How will markets react to recessionary data?
32:05 - Other macro drivers Eric is watching?
38:25 - Catalyst for the credit event?
41:05 - One message to takeaway from our conversation?
Eric Basmajian is an economic cycle analyst providing research on long-term and short-term trends in growth and inflation. With a degree in economics and experience at a quantitative hedge fund, Eric has developed a unique secular and cyclical framework to forecast major economic inflection points and the resulting impact on asset prices.
Eric holds a bachelor’s degree in economics from New York University. Eric started on the buy-side of the financial sector, as an analyst with Panorama Partners, a quantitative hedge fund specializing in algorithmically scanning for mispriced equity derivatives.
Eric Basmajian -
Website - https://epbresearch.com/
Twitter - https://twitter.com/EPBResearch
YouTube - @EPBResearch
LinkedIn - https://www.linkedin.com/in/eric-basmajian-32614116a/
WTFinance -
Instagram - https://www.instagram.com/wtfinancee/
Spotify - https://open.spotify.com/show/67rpmjG92PNBW0doLyPvfn
iTunes - https://podcasts.apple.com/us/podcast/wtfinance/id1554934665?uo=4
Twitter - https://twitter.com/AnthonyFatseas
Interview Recorded - 9th of June, 2023
On todays episode of the WTFinance podcast I had the pleasure of speaking with Lyn Alden, Founder of Lyn Alden Investment Strategy.
During our conversation we spoke about macro drivers impacting markets, potential for a liquidity crisis driven by the Treasury, the risk of higher inflation for longer, what this means for the debt end game and how Lyn is constructing her portfolio to mitigate these risks. I hope you enjoy!
0:00 - Introduction
1:05 - Macro drivers impacting markets
2:50 - Current Treasury funding challenge
6:05 - Correlation between liquidity and market performance
7:20 - Where will liquidity issues show up first?
8:40 - Lyn’s base case for treasury funding
12:25 - Repeat of March Bank Collapses?
14:10 - Commercial real-estate another challenge for banks?
16:05 - Is todays economy more similar to the 1940’s than 1970’s?
20:30 - Japanification or financial repression?
23:40 - What is the current debt end game?
27:05 - What would Lyn do if she was the Fed Chair?
28:35 - What does Lyn want to own?
30:35 - Macro, Geopolitics & valuation weightings in investing
32:25 - How does Lyn construct and manage risk in portfolio?
33:30 - One message to take away from conversation?
Lyn runs an investment research service for both retail and institutional investors at LynAlden.com. Her focus is on fundamental investing with a global macro overlay, with an emphasis on equities, currencies, commodities, and digital assets.
Lyn has also worked for over a decade in the aviation industry in a range of roles, starting as an electronics engineer and moving into project and facility management, and engineering finance. Eventually she became the head engineer and head of technical procurement for the facility, before retiring in my 30s.
Lyn has a bachelor's in electronics engineering and a master's in engineering management, with a focus on engineering economics and financial modelling.
Lyn Alden -
Website - https://www.lynalden.com/
LinkedIn - https://www.linkedin.com/in/lynalden/
Twitter - https://twitter.com/lynaldencontact?lang=en
WTFinance -
Instagram - https://www.instagram.com/wtfinancee/
Spotify - https://open.spotify.com/show/67rpmjG92PNBW0doLyPvfn
iTunes - https://podcasts.apple.com/us/podcast/wtfinance/id1554934665?uo=4
Twitter - https://twitter.com/AnthonyFatseas
Interview recorded - 8th of June, 2023
On todays episode of the WTFinance podcast I had the pleasure of speaking with David Hay, Co-Chief Investment Officer of Evergreen Gavekal.
During our conversation we spoke about key drivers of the current market, whether we are still in the biggest bubble of history, how the current debt cycle risks collapse and why nuclear energy is the future of non-carbon energy. I hope you enjoy!
0:00 - Introduction
0:50 - Key drivers of current markets?
4:30 - Can the FED save the US economy?
7:15 - Will we see stagflation or disinflation?
10:30 - Are we still in a bubble?
13:28 - Industries/geographies that David is watching?
17:00 - How would Treasury funding issues effect market?
20:00 - Will they run inflation hot?
24:00 - The end of a debt cycle?
26:10 - Pensions and other levered bond holders to be punished?
31:30 - Stock picking during market uncertainty?
34:30 - Future energy crisis and why nuclear is vital
38:15 - Why is nuclear better than other non-carbon energy producers?
42:10 - One message to takeaway from our conversation?
David Hay acquired the majority interest in Evergreen Gavekal (at the time, Evergreen Capital Management) in 2002. He continues to serve his long-time clients and acts as Co-Chief Investment Officer with special emphasis in macro-economic research.
David has been employed in the securities industry since 1979 when he joined Dean Witter Reynolds, now Morgan Stanley. He rose to the position of Senior Vice President in 1983. In 1985 he was the youngest member to be elected to Dean Witter’s elite Chairman’s Council. David and his team joined Smith Barney in 1990 and were instrumental in establishing the Portfolio Advisory Program. Fulfilling the positions of Senior Vice President, Senior Portfolio Manager and Director, David also served on the Smith Barney Directors Advisory Group, gaining valuable experience in merger integration and client service enhancement.
In 2022, David released his highly anticipated book, Bubble 3.0: Who blew it and how to protect yourself when it blows apart. The book explores why he believes the financial markets are headed toward a third iteration of past market rotations. Accordingly, he believes there are a number of investment areas/asset classes poised to benefit from what he has begun referring to as “The New World Disorder”.
David currently spends the winter months in Indian Wells, Ca., with his wife, Mindy, and two dogs, Nova and Roscoe. In early June, they will be moving into their new home in Liberty Lake, Wash.
David Hay Interviews -
Haymaker as Host interview: https://www.youtube.com/watch?v=EnDy6SGoG00
MicroNuclear explanatory video: https://www.youtube.com/watch?v=Fb2Op0mWlUw
David Hays -
Twitter - https://twitter.com/Haymaker_0
Website - https://evergreengavekal.com/
Substack - https://haymaker.substack.com/
WTFinance -
Instagram - https://www.instagram.com/wtfinancee/
Spotify - https://open.spotify.com/show/67rpmjG92PNBW0doLyPvfn
iTunes - https://podcasts.apple.com/us/podcast/wtfinance/id1554934665?uo=4
Twitter - https://twitter.com/AnthonyFatseas
Interview recorded - 30th of May, 2023
On todays episode of the WTFinance podcast I have the pleasure of hosting Adrian Day, Chairman & Chief Executive Officer of Adrian Day Asset Management.
During our conversation we spoke about key economic drivers Adrian is watching, why this will lead to a 'serious recession', how counterparty risk will be the main driver and why gold and gold stocks could be a great beneficiary of such an event. I hope you enjoy!
0:00 - Introduction
1:30 - Key drivers Adrian is currently watching?
4:20 - What is currently happening with the US consumer?
8:55 - Collapse in consumption?
9:55 - Will this impact the FED’s actions?
14:45 - Double/triple counting employed or job openings
17:00 - How bad will the recession be?
20:55 - Counterparty risk?
21:45 - Treasury bill issuance to impact prices?
24:55 - Why is there a disconnect between markets and the economy?
28:10 - The risk of an earnings recession?
30:25 - What assets to perform during a recession?
36:15 - What does Adrian look for before investing in a company?
37:40 - Is gold undervalued?
42:40 - One message to take away from our conversation?
Adrian Day is considered a pioneer in promoting the benefits of global investing in this country. A native of London, after graduating with honors from the London School of Economics, Mr. Day spent many years as a financial investment writer, where he gained a large following for his expertise in searching out unusual investment opportunities around the world. He has also authored two books on the subject of global investing: International Investment Opportunities: How and Where to Invest Overseas Successfully and Investing Without Borders. His latest book, widely praised by readers, is Investing in Resources: How to Profit from the Outsized Potential and Avoid the Risks (Wiley, 2010). Mr. Day is a recognized authority in both global and resource investing. He is frequently interviewed by the press, domestically and abroad. He is a popular speaker and frequently invited to lecture at financial conferences and seminars around the world. His pleasures include fine dining, reading (especially history), and the opera.
Adrian Day -
Website - https://adriandayassetmanagement.com/
WTFinance -
Instagram - https://www.instagram.com/wtfinancee/
Spotify - https://open.spotify.com/show/67rpmjG92PNBW0doLyPvfn
iTunes - https://podcasts.apple.com/us/podcast/wtfinance/id1554934665?uo=4
Twitter - https://twitter.com/AnthonyFatseas
Interview Recorded - 24th of May, 2023
On todays episode of the WTFinance podcast I had the pleasure of welcoming back Grant Williams, an experienced investor who is the author of the Newsletter Things That Make You GO Hmmmmm and Co-Founder of the Real Vision Group.
During our conversation we spoke about the rising risk in the markets, whether we will see the FED put re-emerge, how to protect your portfolio from a market 'air pocket' and what would be needed to avoid a hard landing. I hope you enjoy!
0:00 - Introduction
1:00 - What is Grant seeing in the markets?
4:20 - Uncommon events more likely to happen
5:30 - The risk of concentration in markets?
8:45 - Crowded trades move quickly
10:15 - The FED put
14:10 - What would happen if interest rates remain high?
16:05 - A push away from monetary to fiscal policy
18:45 - Results of a credit event?
22:23 - How do you protect from a market ‘air pocket’?
26:25 - How to know what to be worried about?
27:15 - Could there be a soft landing and how would it be achieved?
29:20 - Any key trends not given enough attention?
38:30 - What does bottom up and top down mean?
41:54 - One message to takeaway from our conversation?
Grant Williams, much to his dismay, has logged over 35 years in finance. During that time, he’s lived and worked in seven major financial centres from London to Sydney, building the kind of network that many others can only dream about.
He began his career in the Japanese equity market in the mid-1980s, before a three-year posting to Tokyo ensured he had a ringside seat as the twin bubbles in equities and real estate burst simultaneously and spectacularly at the end of 1989. After a short stint back in London, Grant relocated once again, this time to New York, where he spent 7 years. Subsequent postings have taken him to Hong Kong, Sydney, Singapore, and the Cayman Islands.
Currently, he is a senior advisor to Matterhorn Asset Management AG https://goldswitzerland.com/ in Switzerland, and a portfolio and strategy advisor to Vulpes Investment Management https://www.vulpesinvest.com/ in Singapore.
Back in 2014, Grant’s ambition to bring the most intelligent, engaging, and original people in finance to a wider audience led him to co-found Real Vision https://www.realvision.com/, an on-demand internet-based financial media platform.
Grant’s twin Real Vision interview series, 'In Conversation With…' and 'On The Road' raised the bar for financial content – engaging and educating viewers in equal measure and helping them learn the secrets behind a group of extraordinary investors’ success.
Long before Real Vision, however, Grant was guiding people around the fringes of finance with his regular newsletter, Things That Make You Go Hmmm… https://www.grant-williams.com/ttmygh_newsletters/, a publication which, from humble beginnings as a daily note to a few friends and colleagues, has grown into one of the most widely-read financial publications in the world.
Grant Williams -
Website - https://www.grant-williams.com/](https://www.grant-williams.com/
Twitter - https://twitter.com/ttmygh
WTFinance -
Instagram - https://www.instagram.com/wtfinancee/
Spotify - https://open.spotify.com/show/67rpmjG92PNBW0doLyPvfn
TikTok - https://vm.tiktok.com/ZMeUjj9xV/
iTunes - https://podcasts.apple.com/us/podcast/wtfinance/id1554934665?uo=4
Linkedin - https://www.linkedin.com/in/anthony-fatseas-761066103/
Twitter - https://twitter.com/AnthonyFatseas
Interview recorded - 23rd of May, 2023
On todays episode of the WTFinance podcast I had the pleasure of welcoming back for a third time Dave Collum, Professor of Organic Chemistry and leading thinker on markets and the larger world around us.
During our conversation we spoke about why markets seem to be performing despite negative news, how this is influenced by a small minority of companies, whether we could see further banking collapses', which country will win and more!
0:00 - Introduction
1:40 - What is Dave seeing in the current markets?
14:20 - Small number of companies propping up the markets
15:15 - Is there a reason why the top 5 companies are so highly valued?
23:35 - Will the debt ceiling be a red-herring?
26:00 - Are there other banks with issues?
30:35 - All countries have issues, who wins?
34:50 - constant swinging to political extremes?
40:10 - Potential for AI exponential growth?
David Collum received a BS in biology from Cornell in 1977 and an MA, MS, and PhD in chemistry from Columbia University in 1980. Dave currently is the Betty R. Miller Professor of Chemistry at Cornell University. While at Cornell Dave has served as Director of Undergraduate Studies, Director of Graduate Studies, associate chairman, and chairman while running a research program in organic chemistry for forty years, which include collaborations with a host of large-cap pharmaceutical companies exemplified by Merck and Pfizer. In recent years he has become interested in the interface where politics and markets meet. He compiles an annual Year in Review, does several dozen podcasts per year, and occasionally stirs up trouble on more mainstream media sources.
Dave Collum -
Twitter - https://twitter.com/davidbcollum?s=21&t=xvXQIRnoZm5mxXw68trHEQ
Year in Review - https://peakprosperity.com/2022-year-in-review-all-roads-lead-to-ukraine/
WTFinance -
Instagram - https://www.instagram.com/wtfinancee/
Spotify - https://open.spotify.com/show/67rpmjG92PNBW0doLyPvfn
iTunes - https://podcasts.apple.com/us/podcast/wtfinance/id1554934665?uo=4
Twitter - https://twitter.com/AnthonyFatseas
Interview recorded - 16th of May, 2023
On todays episode of the WTFinance podcast I had the pleasure of speaking with Michael Every, Global Strategist at Rabobank.
During our conversation we spoke about the key macro drivers, why Geopolitics is a growing issue, what this means for the potential of a new Cold War and which assets will protect wealth during this period. I hope you enjoy!
0:00 - Introduction
0:35 - Key macro drivers for the start of the year
2:05 - What is geopolitics?
4:10 - Why is geopolitics going to be an issue?
9:00 - How will mercantile trade wars impact world economy?
12:05 - On-shoring/friend-shoring will not be easy
16:10 - Services costs to decrease and goods increase?
21:30 - Retirees rely on asset prices?
24:30 - China conflict and future cold war?
29:35 - Will the current US Dollar system change?
36:15 - What assets perform in the coming years?
40:30 - Government backed loans to vital industries?
44:40 - One message to take away from our conversation?
Michael Every is a Global Strategist at Rabobank. He analyses major financial developments and contributes to the bank’s various economic research publications for internal and external customers and to the media.
Michael has over two decades of experience working as an Economist and Strategist. Before Rabobank, he was a Director at Silk Road Associates in Bangkok, Senior Economist and Fixed Income Strategist at the Royal Bank of Canada in both London and Sydney, and an Economist for Dun & Bradstreet in London.
Michael holds a Masters degree in Economics (with distinction) from University College London and speaks a smattering of languages, including Thai.
Michael Every -
Website - https://www.rabobank.com/knowledge/our-experts/011085368/michael-every
LinkedIn - https://sg.linkedin.com/in/michael-every-38983214
WTFinance -
Spotify - https://open.spotify.com/show/67rpmjG92PNBW0doLyPvfn
iTunes -https://podcasts.apple.com/us/podcast/wtfinance/id1554934665?uo=4
Linkedin - https://www.linkedin.com/in/anthony-fatseas-761066103/
Twitter - https://twitter.com/AnthonyFatseas
Interview recorded - 8th of May, 2023
On todays episode of the WTFinance podcast I had the pleasure of speaking with Michael Oliver, Founder of Momentum Structural Analysis.
0:00 - Introduction
0:42 - Major macro trends Michael is currently watching?
7:42 - Why is the current market not normal?
15:00 - How will you know when the crash is occurring?
24:25 - Real Estate or other real assets to perform?
26:45 - What would it take for Michael to be bullish?
30:25 - One message to takeaway from our conversation?
J. Michael Oliver entered the financial services industry in 1975 on the Futures side, joining E.F. Hutton’s International Commodity Division, headquartered in New York City's Battery Park. He studied under David Johnston, head of Hutton’s Commodity Division and Chairman of the COMEX.
In the 1980s Mike began to develop his own momentum-based method of technical analysis. He learned early on that orthodox price chart technical analysis left many unanswered questions and too often deceived those who trusted in price chart breakouts, support/resistance, and so forth.
In 1987 Mike technically anticipated and caught the Crash. It was then that he decided to develop his structural momentum tools into a full analytic methodology.
In 1992 the Financial VP and head of Wachovia Bank's Trust Department asked Mike to provide soft dollar research to Wachovia. Within a year, Mike shifted from brokerage to full-time technical research. He is also the author of The New Libertarianism: Anarcho-Capitalism.
Michael Oliver -
Website - https://www.olivermsa.com/
Twitter - https://twitter.com/Oliver_MSA
WTFinance -
Spotify - https://open.spotify.com/show/67rpmjG92PNBW0doLyPvfn
iTunes -https://podcasts.apple.com/us/podcast/wtfinance/id1554934665?uo=4
Linkedin - https://www.linkedin.com/in/anthony-fatseas-761066103/
Twitter - https://twitter.com/AnthonyFatseas
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Interview recorded - 1st of May, 2023
On todays episode of the WTFinance podcast I had the pleasure of speaking with Mario Innecco - a financial markets, macroeconomics and monetary policy analyst.
During our conversation we spoke about how things have changed over the last 7 months, whether we could see other banks under pressure, how a deflationary crash or hyperinflation are likely and what this means for precious metals moving forward. I hope you enjoy!
0:00 - Introduction
0:45 - Changes in markets since our last conversation?
3:40 - Other banks coming under pressure?
5:25 - Breaking the laws to fix the system
7:10 - International reward, country risk
9:25 - A move away from fractional banking?
12:50 - Gold storage the new banks?
15:00 - Hyperinflation or mass deflation?
17:00 - Currency to be sacrificed to save economy?
18:50 - De-dollarisation and a fractured world currency market?
22:40 - What asset could replace the US Dollar?
24:50 - Any other hard assets that could protect wealth during collapse?
Mario has been running his YouTube channel maneco64 since November 2015.
His background is in financial markets and economics. He worked for over twenty years in the City of London and specialised in the exchange-traded derivatives market.
Mario dealt for major financial institutions and corporate entities advising clients on the government bond market, interest rates, financial markets in general and the economy. He has also been an ardent student of the Austrian School of Economics.
Through his videos and also articles here on his blog he endeavours to inform the public about how the financial markets and our current fiat monetary system functions.
Mario Innecco -
YouTube - @maneco64
Twitter - https://twitter.com/maneco1964
LinkedIn - https://www.linkedin.com/in/mario-innecco-a329416b/?originalSubdomain=uk
Website - https://www.maneco64.net/
WTFinance -
Instagram - https://www.instagram.com/wtfinancee/
Spotify - https://open.spotify.com/show/67rpmjG92PNBW0doLyPvfn
iTunes - https://podcasts.apple.com/us/podcast/wtfinance/id1554934665?uo=4
Twitter - https://twitter.com/AnthonyFatseas
Interview Recorded - 24th of April, 2023
On todays episode of the WTFinance podcast I had the pleasure of hosting Edwin Dorsey - Author of the Bearcave, exposing bad companies.
During our conversation we talked about what is corporate fraud/misconduct, whether we are in the golden age of corporate misconduct, Edwin's research structure to uncover corporate misconduct and his recent thoughts on AirBNB. I hope you enjoy!
0:00 - Introduction
0:30 - What is corporate misconduct/fraud?
2:30 - The golden age of corporate misconduct and fraud?
4:15 - Is fraud cyclical?
5:35 - More fraud researchers
7:34 - What is Edwin’s structure of investigating corporate misconduct?
11:25 - Official government complaints
15:55 - Next stage of investigation?
19:25 - Red flags
20:05 - Why small/mid cap focus?
22:00 - An investigation into AirBNB
27:15 - Any other countries Edwin is looking into?
28:35 - One message to take away?
Edwin Dorsey -
Substack - https://thebearcave.substack.com/
Twitter - https://twitter.com/StockJabber?ref_src=twsrc%5Egoogle%7Ctwcamp%5Eserp%7Ctwgr%5Eauthor
Email - edwin@585research.com
WTFinance -
Instagram - https://www.instagram.com/wtfinancee/
Spotify - https://open.spotify.com/show/67rpmjG92PNBW0doLyPvfn
iTunes - https://podcasts.apple.com/us/podcast/wtfinance/id1554934665?uo=4
Twitter - https://twitter.com/AnthonyFatseas
Interview recorded - 1st of May, 2023
On todays episode of the WTFinance podcast I had the pleasure of welcoming Sir Paul Tucker.
Paul spent more than 3 decades in Central Banking, culminating in being the Deputy Governor of the Bank of England. He is also the author of the recently released book “Global Discord: Values and Power in a Fractured World Order”.
During our conversation we spoke about the threat of a global fracturing, why China is unlikely to change, what a China/US split would look like and how Central Banking could change in the future. I hope you enjoy!
0:00 - Introduction
1:05 - Influence for writing the book?
2:35 - What was the previous global order and why does China want to change it?
6:35 - Why was China conflict on Paul’s radar?
8:55 - Were Western politicians naive about China?
13:35 - Document 9 of the Chinese Communist Party
18:40 - Russia Central Bank reserves frozen
20:35 - Why is WTO and other international organisations brittle and how could China change these organisation?
24:15 - What would a US/China split look like?
29:05 - Best case scenario?
31:40 - How have central banks changed in the last decade?
39:45 - How should banks be saved?
42:15 - How can central banks recover their trust?
53:15 - Why Central Banks need to be tougher on shadow banks?
57:50 - One message to takeaway from our conversation?
Sir Paul Tucker is a Research Fellow of the Mossavar-Rahmani Center for Business and Government at the Harvard Kennedy School.
He is the author of Unelected Power: The Quest for Legitimacy in Central Banking and the Regulatory State (2018). Described as “masterful” by Dani Rodrik and “profoundly important” by Larry Summers. His new book, GLOBAL DISCORD: VALUES AND POWER IN A FRACTURED WORLD ORDER, due out in FALL 2022, is about the geopolitics and legitimacy of the international economic and legal system. Both books are at the interface of political economy and political philosophy.
Tucker spent more than three decades in central banking, occupying senior positions in the international policymaking world, and was knighted by Britain in 2014.
From 2016 to 2021, he was the chair of the Systemic Risk Council, the independent body of former top central bankers, government officials and financial experts dedicated to a stable financial system.
As Deputy Governor at the Bank of England from 2009 to October 2013, he was at the centre of efforts to contain the financial crisis and to reshape the international regulatory framework for financial stability. Former Governor of the Bank of England Mervyn King said, “Paul probably understands more about central banking than anyone else. He knows about every aspect of that arcane art and now he [is] free to tell the rest of the world what happens behind those high walls.”
At the Bank of England, he was a member of the Monetary Policy Committee, Financial Policy Committee (vice chair), Prudential Regulatory Authority Board (vice chair), and Court of Directors. During his thirty-plus years there, he led staff teams on monetary policy strategy, market operations, and financial stability, as well as working as a bank supervisor. He had secondments to an investment bank and to Hong Kong, where he helped reform their securities markets and regulation following the 1987 stock market crash.
Sir Paul Tucker:
Website - http://paultucker.me/
Book - https://www.amazon.co.uk/Global-Discord-Values-Power-Fractured/dp/0691229317/ref=nodl_?dplnkId=3426bdbe-6afd-42ab-8c93-2c0288832a5a
WTFinance -
Instagram - https://www.instagram.com/wtfinancee/
Spotify - https://open.spotify.com/show/67rpmjG92PNBW0doLyPvfn
iTunes - https://podcasts.apple.com/us/podcast/wtfinance/id1554934665?uo=4
Twitter - https://twitter.com/AnthonyFatseas
Interview recorded - 24th of April, 2023
On todays episode of the WTFinance podcast I have the pleasure of speaking with Vincent Deluard, Director of Global Macro Strategy at StoneX Group.
During our conversation we spoke about why inflation could be structurally higher for the long term, the impact on cheap capital, cheap goods and cheap labour and how this will effect asset prices moving forward. I hope you enjoy!
0:00 - Introduction
0:50 - What has been happening in markets?
2:35 - What is the path of monetary policy?
5:15 - Will we see inflation in the future?
11:20 - What caused lower inflation over the past 40 years and why did it shift?
17:20 - Cheap capital, cheap goods & cheap labour
20:40 - Increase of product prices?
23:05 - Can the US continue with current deficit?
26:40 - Will Europe have a different inflation target?
29:45 - What impact will the new trend have on assets?
32:45 - Commodity Supercycle to re-emerge?
35:55 - Tech to struggle, government back industries to rise?
38:00 - One message to take away
Vincent is the global macro strategist for StoneX, where he authors weekly research reports on global macro trends, flows, European capital markets and quantitative topics. Vincent advises large pension funds and other institutional investors on asset allocation and risk management.
Prior to joining StoneX., Vincent served as the Europe Strategist for Ned Davis Research Group. In November 2013, Vincent was awarded the Euromoney Padraic Fallon Editorial Prize for his in-depth study of the investment opportunities offered by the European debt crisis. Prior to joining Ned Davis Research, Vincent was the Executive Vice President of TrimTabs Investment Research, where he headed the firm’s quantitative research. Vincent designed and traded large and profitable strategies based on supply and demand indicators for top-tier hedge funds. Vincent is frequently quoted in the Financial Times, Wall Street Journal, Bloomberg, and Barron’s. Vincent taught Ethical and Professional Standards and Private Wealth Management for the CFA Society of San Francisco.
Vincent is an adjunct professor of finance for Saint Mary’s College Master’s in Finance and taught at Golden Gate University’s Executive MBA program. Vincent is a CFA charterholder. He completed a dual master’s degree at Sciences-Po Paris (Cum Laude) and Columbia University and speaks English, French, Italian, and Indonesian.
Vincent Deluard -
Newsletter - https://marketintel.intlfcstone.com/MIPublic/Landing
Twitter - https://twitter.com/VincentDeluard
LinkedIn - https://www.linkedin.com/in/vincent-deluard-cfa-90950b1
WTFinance -
Instagram - https://www.instagram.com/wtfinancee/
Spotify - https://open.spotify.com/show/67rpmjG92PNBW0doLyPvfn
iTunes - https://podcasts.apple.com/us/podcast/wtfinance/id1554934665?uo=4
Twitter - https://twitter.com/AnthonyFatseas
Interview recorded - Tuesday the 25th of April
On todays episode of the WTFinance podcast I have the pleasure of welcoming back Francis Hunt - Trader, Technical Analyst,Teacher and originator of the Hunt Volatility Funnel Method.
During our conversation we talked about the challenges the markets are currently facing, how the central banks will sacrifice the currency to save the economy, what this means for markets and how you can protect your wealth. I hope you enjoy!
0:00 - Introduction
0:15 - What is Francis seeing in the markets?
7:50 - Currency to be sacrificed to save economy?
11:00 - Milkshake theory possible?
17:50 - A lot of market returns are due to Central Banks and Government investment
19:30 - Bretton Woods 2.0?
23:35 - How can you protect your wealth during this period?
29:40 - Spread assets over multiple countries?
34:50 - One message to takeaway from our conversation?
Francis Hunt, as the originator of the Hunt Volatility Funnel trading methodology, describes himself as a Trader, Technical Analyst and Teacher, is known from his YouTube channel as TheCryptoSniper. He is also the Founder of The Market Sniper.
Stemming from his over 30 years of experience and deep immersion in trading and technical analysis of various markets, this unique approach to trading is the culmination of everything he found to have been valuable and profitable on a consistent, reliable basis, distilled into a single all-encompassing trading system that can easily be learned and internalized by others.
Francis Hunt made his first investments in 1987 pre-crash and bought his first option in 1991 and has been trading equities and other assets since. He is a technical trader who believes all information related to an asset is reflected in its price and therefore reveal the true market sentiment of that asset.
In addition to being a highly successful trader and technical analyst, Francis also enjoys teaching his trading methodology to others. He built a community of like-minded traders around him that supports him and each other with trade ideas and positive reinforcement in an otherwise lonely and harsh environment.
Francis Hunt -
YouTube - @TheMarketSniper1
Website - https://themarketsniper.com/
Twitter - https://twitter.com/themarketsniper
WTFinance -
Instagram - https://www.instagram.com/wtfinancee/
Spotify - https://open.spotify.com/show/67rpmjG92PNBW0doLyPvfn
iTunes - https://podcasts.apple.com/us/podcast/wtfinance/id1554934665?uo=4
Twitter - https://twitter.com/AnthonyFatseas
Interview recorded - 25th of April, 2023
On todays episode of the WTFinance podcast I had the pleasure of speaking with Michael Howell, Founder & Managing Director of CrossBorder Capital.
During our conversation we spoke about the fragile state of US banks, why banks are collapsing under higher interest rates, the connection to global liquidity and what this means for asset outperformance in the future. I hope you enjoy!
0:40 - Introduction
1:02 - Why have banks collapsed with higher interest rates?
4:35 - Was the SVB collapse a refinancing issue?
10:45 - Is recent FED policy kicking the issue down the road?
13:45 - What does high debt do to liquidity?
16:20 - What is the current global liquidity landscape?
27:45 - Refinancing issue further in the future?
29:45 - Airbubbles in liquidity market 2018 repeat?
32:05 - Higher liquidity = higher inflation?
34:40 - High risk assets to outperform?
36:55 - One message to take away from our conversation?
Michael Howell is CEO of CrossBorder Capital, a London-based FCA registered, independent research and investment company that he founded in 1996. Previously he was Head of Research for Baring Securities and Research Director of Salomon Brothers Inc, the US investment bank. The liquidity methodology he pioneered monitors cross-border flows and Central Bank behaviour across some 80 countries world-wide. Liquidity flows are a central part of CrossBorder Capital's asset allocation advice, which is currently provided to major global investors, including institutional asset managers, government agencies, Central Banks and endowment funds. Michael has been in financial markets since 1981 and is a regular conference speaker and media commentator. He graduated from Bristol and London Universities with a finance doctorate, specialising in Fixed Income.
Michael Howell -
Website - https://crossbordercapital.com/
Twitter - https://twitter.com/crossbordercap
LinkedIn - https://www.linkedin.com/in/michael-howell-357b1416/?originalSubdomain=uk
WTFinance -
Instagram - https://www.instagram.com/wtfinancee/
Spotify - https://open.spotify.com/show/67rpmjG92PNBW0doLyPvfn
iTunes - https://podcasts.apple.com/us/podcast/wtfinance/id1554934665?uo=4
Twitter - https://twitter.com/AnthonyFatseas
Interview recorded - 19th of April, 2023
On todays episode of the WTFinance podcast I had the pleasure to welcome back Alex Gurevich,
During our conversation we spoke about the inflation tied is going back out due to recessionary trends, how this could lead to a deflationary annihilation, how this could benefit bonds and other global trends Alex is currently watching. I hope you enjoy!
0:00 - Introduction
0:40 - Current macroeconomic trends Alex is paying attention to?
2:15 - What caused the inflation and why is it decreasing?
4:35 - Why will commercial real estate be annihilated?
6:10 - Could things get worse in the economy later this year?
8:25 - Will the FED have higher policy for longer?
12:05 - How will markets react to FED policy?
14:45 - Data points to watch for recession warning?
18:05 - What would a massive deflation mean for markets & earnings?
19:45 - Any assets that Alex is watching for recession?
22:25 - What bonds is Alex watching?
24:30 - Any other key drivers Alex is watching?
26:25 - What is happening in Japan?
30:00 - One message to take away from conversation?
31:00 - New normal or back to pre-covid?
Alex Gurevich is the Founder and CIO of HonTe Advisors, LLC. More recently, Alex has transformed his very successful family office into a global macro strategy suitable for institutional investors. He is the author of the Wall Street Journal bestselling book The Trades of March 2020 and The Next Perfect Trade which articulate his rigorous trade selection and investment process. Alex was born and raised in St. Petersburg, Russia, and earned his PhD in mathematics from the University of Chicago.
Alex Gurevich -
Twitter - https://twitter.com/agurevich23
LinkedIn - https://www.linkedin.com/in/alex-gurevich-23a358105
Website - https://honteinv.com/
WTFinance -
Instagram - https://www.instagram.com/wtfinancee/
Spotify - https://open.spotify.com/show/67rpmjG92PNBW0doLyPvfn
iTunes - https://podcasts.apple.com/us/podcast/wtfinance/id1554934665?uo=4
Twitter - https://twitter.com/AnthonyFatseas
Interview recorded - 18th of April, 2023
On todays episode of the WTFinance podcast I had the pleasure of welcoming back Anthony Vicino - a best selling author, host of the Multifamily Investing Made Simple Podcast and manager of $70M real estate portfolio.
During our conversation we spoke about the property market, why single family properties could continue to increase, the impending risk of multifamily properties, current real estate trends and starting your own business. I hope you enjoy!
0:00 - Introduction
0:42 - Is the housing markets as bad as it seems?
7:22 - variable rates in other countries
9:45 - Single family properties up, multifamily down?
11:17 - Property markets won’t crash?
13:17 - Had Covid de-urbanisation reversed?
15:57 - Key drivers for investing in real estate and red flags to avoid?
20:27 - Not about the worst building on the block
22:57 - 80k debt to millionaire in 3 years
27:57 - High margins, low upfront costs, scalable
30:17 - What is one message listeners should take away?
Ten year ago Anthony was $80k in debt, living in the back of a van, and struggling daily to get out of my own way. He felt trapped by my ADHD mind and life's infinite distractions.
Unfocused, undisciplined, and unreliable... He lacked the tools needed to survive, much less thrive. But Anthony knew he was made for more. A search that led me to a system for reclaiming control of the most valuable asset any of us have...His focus.
With this system I built my first business to 7-figures in under a year. Then I wrote a book. Then I built another business to 7-figures. And another.
I might have ADHD, but there's nothing unique about my story. We all struggle with distractions, procrastination, and self-sabotage. I simply found a system for goal setting, prioritization, and execution which allowed me to unleash my hyper focused mind on demand.
Now I'm on a mission to help other entrepreneurs, creatives, and high performers build better businesses, invest in real estate, and maximize their Return on Life.
Anthony Vicino -
YouTube - @AnthonyVicino
Website - https://anthonyvicino.com/
Twitter - https://twitter.com/AnthonyVicino
Instagram - https://www.instagram.com/theanthonyvicino/?hl=en
WTFinance -
Instagram - https://www.instagram.com/wtfinancee/
Spotify - https://open.spotify.com/show/67rpmjG92PNBW0doLyPvfn
iTunes - https://podcasts.apple.com/us/podcast/wtfinance/id1554934665?uo=4
Twitter - https://twitter.com/AnthonyFatseas
Interview recorded - 7th of April, 2023
On todays episode of the WTFinance podcast I had the pleasure of welcoming back Doomberg.
During our conversation we spoke about OPEX flexing their muscles, how the US is driving enemies together, how Europe made it through the winter and the manipulation of Bitcoin prices. I hope you enjoy!
0:00 - Introductions
0:10 - Is OPEC flexing their muscles or showing their weakness?
3:00 - Will OPEC members comply with cuts?
5:15 - US driving enemies together
7:40 - NAFTA an economic superpower
8:55 - Increase of energy production in the US?
11:30 - Strategic foreign policy or constant missteps?
13:40 - How did Europe get through Winter and what does that mean for the next one?
17:30 - What we see in energy prices?
20:30 - Shift towards energy security?
23:50 - Essential commodities dropping in price?
26:10 - The influence CZ has on Crypto prices
32:40 - Signature Bank failed because Crypto exposure?
34:00 - Other banks under pressure?
35:23 - One message to takeaway from our conversation?
The group started writing Doomberg in May of 2021 to highlight the fundamentals missing from many economic and policy decisions, and it quickly grew to be one of the most widely read finance newsletters on Substack.
This publication is their passion, and the content is borne out of the team’s deep experience in heavy industry, private equity, and the hard sciences. Family offices and c-suite executives hired them to deliver innovative thinking and clarity to complex problems – they operate as though their subscribers share those same expectations.
Read their full bio here - https://doomberg.substack.com/about
Doomberg -
Substack - https://doomberg.substack.com/
Twitter - https://twitter.com/DoombergT
WTFinance
Instagram - https://www.instagram.com/wtfinancee/
Spotify - https://open.spotify.com/show/67rpmjG92PNBW0doLyPvfn
iTunes - https://podcasts.apple.com/us/podcast/wtfinance/id1554934665?uo=4
Twitter - https://twitter.com/AnthonyFatseas
Interview recorded - 6th of April, 2023
On todays episode of the WTFinance podcast I have the pleasure of welcoming back Marc Faber, Editor and Publisher of the “Gloom, Boom & Doom Report”.
During our conversation we talked about the risk of a decade long bear market and whether they peaked in 2021, whether the US time as a world power had ended, who would be the next world hegemony and potential outperformance of emerging markets. I hope you enjoy!
0:00 - Introduction
0:22 - Marc’s current thoughts about the markets?
5:05 - Why will we see a downturn?
7:00 - Inflation adjusted equity market peak?
9:30 - Why have equity markets peaked?
12:50 - End of the US as a world power?
17:07 - Move away from the US Dollar?
21:00 - Further banking collapses?
24:10 - Change in city dynamic?
26:25 - Who will become the next world hegemony?
30:15 - Which emerging markets look interesting?
32:55 - Latin American countries cheap?
36:30 - One message to takeaway from our conversation?
Dr Marc Faber was born in Zurich, Switzerland. He went to school in Geneva and Zurich and finished high school with the Matura. He studied Economics at the University of Zurich and, at the age of 24, obtained a PhD in Economics magna cum laude.
Between 1970 and 1978, Dr Faber worked for White Weld & Company Limited in New York, Zurich and Hong Kong. Since 1973, he has lived in Hong Kong. From 1978 to February 1990, he was the Managing Director of Drexel Burnham Lambert (HK) Ltd.
In June 1990, he set up his own business, publishing a widely read monthly investment newsletter “THE GLOOM BOOM & DOOM” report which highlights unusual investment opportunities.
He is also the author of several books including “TOMORROW’S GOLD – Asia’s Age of Discovery” which was first published in 2002 and highlights future investment opportunities around the world. “TOMORROW’S GOLD” was for several weeks on Amazon’s best seller list and has been translated into Japanese, Korean, Thai and German.
Dr. Faber is also a regular contributor to several leading financial publications around the world.
A book on Dr Faber, “RIDING THE MILLENNIAL STORM”, by Nury Vittachi, was published in 1998.
A regular speaker at various investment seminars, Dr Faber is well known for his “contrarian” investment approach.
Marc Faber -
Website - https://www.gloomboomdoom.com/
Twitter - https://twitter.com/gloomboomdoom?lang=en
LinkedIn - https://www.linkedin.com/in/marc-faber-gloomboomdoom/?originalSubdomain=hk
WTFinance -
Instagram - https://www.instagram.com/wtfinancee/
Spotify - https://open.spotify.com/show/67rpmjG92PNBW0doLyPvfn
iTunes - https://podcasts.apple.com/us/podcast/wtfinance/id1554934665?uo=4
Twitter - https://twitter.com/AnthonyFatseas
Interview recorded - 5th of April, 2023
On todays episode of the WTFinance podcast I had the pleasure of speaking with Alasdair Macleod - Head of Research at Goldmoney, Educator for sound money and demystifying finance and economics.
During our conversation we spoke about why interest rates are so important in the current scheme of things, how current events impact the banking industry, the end game of current debt system and what this means for precious metal prices. I hope you enjoy!
0:00 - Introduction
0:16 - Alasdair’s current thoughts on the market
8:10 - Deposits being withdrawn from banks
10:38 - How does this effect the banking industry?
16:15 - Whose fault is the banking collapse?
21:19 - End game of current debt system?
27:10 - Any historical examples of devaluation of a currency?
32:50 - Will all fiat currencies devalue?
37:55 - Why have precious metals prices increased?
44:20 - One message to takeaway from our conversation?
Alasdair Macleod is Head of Research for GoldMoney. He is an educator and advocates for sound money through demystifying finance and economics. His background includes being a stockbroker, banker, and economist.
Alasdair Macleod started his career as a stockbroker in 1970 on the London Stock Exchange. Within nine years, he had risen to become senior partner of his firm.
Subsequently, he held positions at the director level in investment management and worked as a mutual fund manager. Mr. Macleod also worked at a bank in Guernsey as an executive director.
For most of his 40 years in the finance industry, he has been demystifying macroeconomic events for his investing clients. The accumulation of this experience has convinced him that unsound monetary policies are the most destructive weapon governments use against the common man. Accordingly, his mission is to educate and inform the public in layman's terms what governments do with money and how to protect themselves from the consequences.
Alasdair Macleod -
Website - https://www.goldmoney.com/
Blog - https://www.goldmoney.com/research/legal-definitions-of-money-and-credit
Recent Article - https://www.goldmoney.com/research/time-to-trash-triffin
Twitter - https://twitter.com/MacleodFinance
LinkedIn - https://www.linkedin.com/in/alasdair-macleod-9494b27/
WTFinance -
Instagram - https://www.instagram.com/wtfinancee/
Spotify - https://open.spotify.com/show/67rpmjG92PNBW0doLyPvfn
iTunes - https://podcasts.apple.com/us/podcast/wtfinance/id1554934665?uo=4
Twitter - https://twitter.com/AnthonyFatseas
Thumbnail picture from - https://news.bitcoin.com/investor-richard-mills-says-economy-is-rushing-into-a-us-dollar-crisis-of-epic-proportions/
Interview recorded - 3rd of April, 2023
On todays episode of the WTFinance podcast I had the pleasure of speaking with Matthew Piepenburg,
During our conversation we spoke about whether the FED has control over the debt market, Risk of US Dollar losing its hegemony, what happens with a debt collapse and the winners and losers of such an event. I hope you enjoy!
0:00 - Introduction
0:45 - Can the current situation get worse?
7:45 - Does the FED have control over the debt market?
11:55 - Risk of International US Dollars flooding the country?
16:55 - US becoming the common enemy
12:25 - US threat has lost its bite
22:45 - What collateral will replace US Treasuries?
29:20 - What happens with a debt collapse
33:45 - Which countries will be the winners?
37:50 - Investing on Commodities?
42:30 - Commodities detach from trends?
44:50 - One message to takeaway from our conversation?
With over 20 years of experience as the General Counsel and, later, CIO of a highly-capitalized single family office (J.H. Johnson); as the Managing Director of a multi-billion, multi‐family office (Massey Quick & Co); and as the Managing Director to a multi-manager hedge fund specializing in managed futures, long/short credit trades and global macro dynamics), Matt has overseen the allocation of over $5 billion in investable assets over a full range of portfolios and alternative investment vehicles.
He has lead the quantitative and qualitative due diligence on hundreds of diverse hedge fund managers and strategies and has developed a unique expertise as to the best practices and diverse strategies of the world’s premier investment funds.
Matt graduated from Brown University, with highest honors (Magna Cum Laude, Phi Beta Kappa). He holds a Master’s degree and Juris Doctor from Harvard University and the University of Michigan respectively. Fluent in French and German, (having also worked at Dresdner Bank, Frankfurt) he is the author of numerous international white papers on macro conditions, asset classes and global risk management strategies.
Following his engagements with family offices, Matt became involved in structuring an launching hedge funds working closely with Morgan Stanley in selecting, allocating, and sizing the diverse, top-quartile portfolio managers which comprise a zero-beta multi-manager fund. With over two decades of experience investing in alternative investment vehicles, including selection of the managers within the aforementioned fund, Matt contributes a deep understanding of the strategies employed by carefully vetted managers and has an equally extensive grasp of constructing uncorrelated, multi-product/security portfolios around market themes with an omnipresent focus on market analysis and risk management.
Matt’s collective expertise has forged a strong understanding of macro forces and their essential role in selecting the most efficient and timely strategies for long term asset preservation and growth in current conditions and those to come. His widely acclaimed and user-friendly blogs, straight-talk and conservative/defensive approach to investing are invaluable components of the Signals Matter community.
Matthew Piepenburg -
LinkedIn - https://www.linkedin.com/in/matthewpiepenburg/
Books - https://amzn.to/3Ujf9M6
Signals Matter - https://www.signalsmatter.com/matthew-piepenburg/
Gold Switzerland - https://goldswitzerland.com/author/matthew-piepenburg/
WTFinance -
Instagram - https://www.instagram.com/wtfinancee/
Spotify - https://open.spotify.com/show/67rpmjG92PNBW0doLyPvfn
iTunes - https://podcasts.apple.com/us/podcast/wtfinance/id1554934665?uo=4
Twitter - https://twitter.com/AnthonyFatseas
Interview Recorded - 31st of March, 2023
On today's episode of the WTFinance podcast I had the pleasure of welcoming back Clive Thompson, a retired Wealth Manager from Switzerland.
During our conversation we spoke about what was behind the recent bank collapses, commercial real estate the next concern, what this means for the world of banking, how the FED can continue with unrealised losses and whether a BRICs currency could replaced the US Dollar. I hope you enjoy!
0:00 - Introduction
1:40 - What is behind the recent bank collapses
10:30 - Commercial Real Estate the next issue?
15:50 - Most inflated real estate cities to drop
18:20 - Which banks have the most exposure to commercial real estate?
19:30 - What does this mean for the world of banking?
21:25 - Further concentration in largest companies?
32:40 - Could the FED go bankrupt?
40:10 - What does a pivot mean for currency and monetary system?
43:05 - How bad would BRICS currency be for US Dollar?
44:50 - One message to takeaway from our conversation?
Clive has 47 years of experience in finance & wealth management. This encompasses structuring and advice relating to quoted investments, Private Equity investments, family businesses, tax, residency, real estate, inheritance, Wills, legal, lending, Trusts, Companies and Foundations and all kinds of personal and private advice. He has been actively involved for decades in the arena of Trust structures. This often involved negotiating and discussing the contracts relating to the sale of family companies.
Clive's latest position before retirement was as Managing Director in the Anglophone Private Clients Department of Union Bancaire Privée, UBP SA, based in Geneva. He was responsible for wealth management services provided to a small number of wealthy English and French speaking families.
Clive continues to remain very active in the world of wealth, with a strong focus on Private Equity, and direct Equity Investing via the global stock markets. His passion is the financial analysis of Balance Sheets, P&Ls, Cash Flow and business projections. Clive loves examining business opportunities, like Private Equity, and digging into the fundamentals of quoted companies to achieve a market beating performance.
Clive Thompson -
LinkedIn - https://www.linkedin.com/in/clive-thompson-661997251/
Video - https://www.youtube.com/watch?v=L9aye4wQ8Ok
WTFinance -
Instagram - https://www.instagram.com/wtfinancee/
Spotify - https://open.spotify.com/show/67rpmjG92PNBW0doLyPvfn
iTunes - https://podcasts.apple.com/us/podcast/wtfinance/id1554934665?uo=4
Twitter - https://twitter.com/AnthonyFatseas
Interview recorded - 31st of March, 2023
On todays episode of the WTFinance podcast I had the pleasure of speaking with Rafi Farber, The @endgameinvestor .
During our conversation we spoke about the further banking collapses, why this could lead to a $100 trillion government bailout, what this means for inflation and what is currently happening in precious metals. I hope you enjoy!
0:00 - Introduction
1:07 - Current Take on what is happening at the moment?
4:20 - Derivatives to collapse another Systemic Bank?
8:10 - Trillion Dollar Bailout?
10:38 - Could Shadow Banking system lead to further pain?
13:25 - Last market push up?
16:15 - M2 money supply the key metric to watch?
17:40 - Chinese Yuan to reduce US hegemony?
20:50 - What would an economic restructure look like?
22:30 - Precious metal producers to be wealthiest countries?
24:15 - What is happening in precious metals?
26:10 - Correlation of commodities with markets no more?
28:40 - One message to takeaway from our conversation?
Rafi Farber -
YouTube - @endgameinvestor
Seeking Alpha - https://seekingalpha.com/checkout?service_id=mp_1347
Patreon - https://www.patreon.com/endgameinvestor
Twitter - https://twitter.com/RafiFarber
WTFinance -
Instagram - https://www.instagram.com/wtfinancee/
Spotify - https://open.spotify.com/show/67rpmjG92PNBW0doLyPvfn
iTunes - https://podcasts.apple.com/us/podcast/wtfinance/id1554934665?uo=4
Twitter - https://twitter.com/AnthonyFatseas
Interview recorded - 27th of March, 2023
On todays episode of the WTFinance podcast I had the pleasure of speaking with Robert Bryce - An author, journalist, podcaster, film producer and public speaker with other 30 years experience in the energy and electricity markets.
During our conversation we spoke about what is currently happening in the electricity landscape, whether Europe can make it through the next winter, current red flags in the markets and what this means for our future. I hope you enjoy!
0:00 - Introduction
0:16 - What is currently happening in the electricity landscape?
2:37 - Why is the energy market regional?
4:00 - Some fuels more efficient to transport than others
5:30 - Asia moving to coal?
7:20 - Energy shift?
9:25 - Is the US in a different boat?
12:00 - Policy pushing investment away from gas?
13:15 - Can Europe survive another Winter?
15:08 - Secular shift away from Europe due to energy security fears?
16:10 - Gas arbitrage between US & the rest of the world
18:00 - Convergence on price?
19:30 - Coal a stop gap for energy security in the short term until nuclear?
21:28 - Uranium challenges due to Russian conflict?
23:00 - Main red flags in the energy markets?
25:38 - Everything will cost more in the future
27:47 - Friendly energy & manufacturing countries to prosper
29:00 - One message to take away from our conversation?
Robert Bryce is a Texas-based author, journalist, podcaster, film producer, and public speaker. Over the past three decades, his articles have appeared in numerous publications including the Wall Street Journal, New York Times, National Review, Field & Stream, and Austin Chronicle.
His new documentary, Juice: How Electricity Explains the World, which he produced along with Austin-based film director Tyson Culver, was released in mid-2020 and is now available on numerous streaming platforms including: iTunes, Amazon Prime, Google Play, Vimeo, YouTube, Xbox, and Vudu. A review of Juice in Birth. Movies. Death said the message of the film “is delivered with ease and precision through smooth editing, narration, and interviews with succinct information from the past, present, and potential ideas for the future. Filled with beautiful aerial shots and poignant scenes on par with images out of National Geographic magazine, Culver’s documentary debut is enlightening and powerful.”
Bryce has published six books. His first book, Pipe Dreams: Greed, Ego, and the Death of Enron, received rave reviews and was named one of the best non-fiction books of 2002 by Publishers Weekly. His second book, Cronies: Oil, the Bushes, and the Rise of Texas, America’s Superstate, was published in 2004. His third book, Gusher of Lies: The Dangerous Delusions of “Energy Independence,” published in March 2008, was favorably reviewed by more than 20 media outlets. The American magazine called Gusher “a strong and much-needed dose of reality.” A review of Gusher by William Grimes of the New York Times said that Bryce “reveals himself in the end as something of a visionary and perhaps even a revolutionary.”
In 2010, Bryce published Power Hungry: The Myths of “Green” Energy, and the Real Fuels of the Future.
Robert Bryce -
Website - https://robertbryce.com/
Twitter - https://twitter.com/pwrhungry
YouTube - @RobertBryce
WTFinance -
Instagram - https://www.instagram.com/wtfinancee/
Spotify - https://open.spotify.com/show/67rpmjG92PNBW0doLyPvfn
iTunes - https://podcasts.apple.com/us/podcast/wtfinance/id1554934665?uo=4
Twitter - https://twitter.com/AnthonyFatseas
Thumbnail image from - https://www.imf.org/en/Publications/fandd/issues/2022/12/beating-the-european-energy-crisis-Zettelmeyer
Interview recorded - 22nd of March, 2023
On todays episode of the WTFinance podcast I had the pleasure of speaking with Gregory Mannarino, “The Robin Hood of Wall Street” and Founder of Traders Choice.
During our conversation we spoke about the current banking crisis, how this could lead to a debt meltdown, what this means for personal freedom and how you can protect your wealth during such a situation. I hope you enjoy!
0:00 - Introduction
0:15 - What is Greg’s opinion on the banking crisis?
2:40 - US regional banking system is unique
3:35 - Consolidation of the banking system
6:00 - How are central banks removing liquidity
8:20 - Could there be protests against bank bail outs?
9:54 - FED balance sheet growing
11:15 - Treasuries and government bonds caused the current problem
12:13 - Can markets hold up with current issues?
16:09 - Unrealised losses on balance sheets
19:00 - Race for the door
21:55 - What will the catalyst for the next crisis?
24:15 - Will the FED be the one bank in the US?
27:30 - Assets to protect wealth during a debt crisis?
30:40 - One message to takeaway from our conversation?
Gregory Mannarino, also known as "The Robin Hood Of Wall Street," is an active/full time trader of the capital markets with a world-wide following.
Born on July 22, 1965, he became interested in "Wall Street," like many others at the time, in 1987 after seeing the movie Wall Street with Michael Douglas. Around that time he was able to get an entry level position, then subsequently to the trading floor, at the now defunct bank Bear Stearns, but within a relatively short time realized that working on Wall Street was not like the movies and moved on.
He went on to get a medical degree and practiced medicine as a Physician Assistant beginning in 1996, now retired from practice. He also served in the United States Naval Reserve Medical Service Corps, having attained the rank of Lieutenant. Gregory even published a book on casino Blackjack strategies years later, and was banned from playing the game in Las Vegas casinos.
Gregory Mannarino -
YouTube - https://www.youtube.com/c/GregoryMannarino
Traders Choice - https://traderschoice.net/
WTFinance -
Instagram - https://www.instagram.com/wtfinancee/
Spotify - https://open.spotify.com/show/67rpmjG92PNBW0doLyPvfn
iTunes - https://podcasts.apple.com/us/podcast/wtfinance/id1554934665?uo=4
Twitter - https://twitter.com/AnthonyFatseas
Interview Recorded - 16th of March, 2023
On todays episode of the WTFinance podcast I had the pleasure of speaking with Michael Kao, a Private investor with 30 years experience and author of the great newsletter Kaoboy Musings.
During our conversation we spoke about what is happening with the banking crisis, whether shadow banks will be at risk, if China could be the canary in the coal mind, structural inflation for longer and what this mean for assets moving forward. I hope you enjoy!
0:00 - Introduction
1:38 - What is currently happening with the bank crisis?
9:08 - Are Central Banks willing to do whatever it takes to save banks?
15:34 - Illiquid asset funds at risk?
21:38 - Can banks save themselves?
24:13 - Why will interest rates and inflations be higher for longer?
30:28 - When will supply singularity occur and will it be in all commodity markets?
35:18 - What assets will perform during an inflationary, commodity period?
39:58 - What indicators will tell Michael when we are at the bottom?
45:28 - Which Central Banks will be more dovish?
48:08 - Where do find Michael’s work?
Mike has been in the investment business for ~30 years and has experience analyzing and investing in many markets and asset classes, spanning commodities to credit to convertible/capital structure/event arbitrage to distressed debt/equity investing.
Mike began his career in the commodities unit at J. Aron/Goldman Sachs in NYC in the early 90’s and traded over 25 different commodity markets and their derivatives. Mike left Goldman to pursue an MBA in Finance at The Wharton School.
After business school, Mike joined Canyon Partners, a credit-oriented hedge fund in Los Angeles, where he went on to become partner and co-founder of the Canyon Arbitrage Fund, which focused on various strategies including convertible and capital structure arbitrage as well as event-driven/risk arbitrage.
After 5 years at Canyon, Mike decided to leave Canyon and begin his own investment firm, Akanthos Capital Management, LLC. At Akanthos, Mike ran an opportunistic, value-driven investment strategy that looked for “fulcrum securities” up and down the capital structure.
Mike stopped actively managing external capital in 2019 and now invests primarily for his family office and enjoys blogging about the markets and economy on Substack at urbankaoboy.substack.com and Twitter @UrbanKaoboy.
Mike holds a BS in Electrical Engineering/Computer Science from UC, Berkeley and an MBA in Finance from The Wharton School of the University of Pennsylvania.
Michael Kao -
Substack - https://urbankaoboy.substack.com/
Twitter - https://twitter.com/UrbanKaoboy
LinkedIn - https://www.linkedin.com/in/kaomichael/
WTFinance -
Spotify - https://open.spotify.com/show/67rpmjG92PNBW0doLyPvfn
iTunes -https://podcasts.apple.com/us/podcast/wtfinance/id1554934665?uo=4
LinkedIn - https://www.linkedin.com/in/anthony-fatseas-761066103/
Twitter - https://twitter.com/AnthonyFatseas
Interview Recorded - 9th of March, 2023
On todays episode of the WTFinance podcast I had the pleasure of speaking with Ted Seidle, a former SEC attorney.
His firm, Benchmark Financial Services, Inc. has pioneered over $1 trillion in forensic investigations of the money management industry. He’s nationally recognized as an authority on pensions and investment management matters, having testified before the Senate Banking Committee regarding fund scandals and is an expert in various Madoff-related and other litigations.
During our conversation we spoke about the current pension system, why they have underperformed the market, whether they could collapse and how this could impact the markets. I hope you enjoy!
0:00 - Introduction
0:15 - What is currently happening in the pension system?
3:13 - How do pensions work and why would company not want to pay pension?
8:00 - Why have pensions underperformed?
11:25 - No incentive for pension managers to change
14:40 - Why has the pension system not changed?
17:15 - Could pension funds collapse?
21:00 - Issues with illiquid investments
24:00 - Pension red flags
28:00 - Will pensions run out of money?
31:50 - How will pension crisis impact markets?
33:40 - One message to take away from conversation?
Ted Siedle -
Website - https://siedlelawoffices.com/
Twitter - https://twitter.com/EdwardSiedle?
LinkedIn - https://www.linkedin.com/in/edward-si...
WTFinance -
Spotify - https://open.spotify.com/show/67rpmjG...
iTunes -
Interview recorded - 11th of March, 2023
On todays episode of the WTFinance podcast I had the pleasure of speaking with David Woo - A former top ranked Wall Street strategist, IMF economist & Founder of Unbound - a global forum devoted to the promotion of fact-based debates about markets, politics, and economics.
During our conversation we spoke about the SVB collapse, why it wont lead to a banking crisis within the US, what the aftermath of the collapse will be and changing macroeconomic trends. I hope you enjoy!
0:00 - Introductions
0:23 - How did SVB collapse, what it means for the banking system and the future?
9:20 - Is there risk for B2B heavy banks?
15:25 - Other institutions exposed to long duration bonds?
19:25 - Ignoring interest rate risk
23:22 - What is the aftermath of SVB?
27:00 - Changing trends
29:40 - Will China be investable?
35:40 - One message to take away from our conversation?
David Woo is the Founder/CEO of David Woo Unbound, a new global forum devoted to promoting fact-based debates about markets, politics and economics.
Until 2021, David was the Head of Global Rates, Foreign Exchange, and Emerging Market Fixed Income Strategy & Economic Research at Bank of America, where he managed the top ranked global macro strategy team on Wall Street. Previously, David was the Head of Global Currency Strategy at Barclays Capital and the Head of Local Markets Strategy for Central and Eastern Europe, Middle East and Africa at Citigroup.
David is known on Wall Street for his bold and out-of-consensus calls that includes the RMB devaluation in 2015 and Trump’s victory in 2016. He was also the first Wall Street analyst to initiate coverage on Bitcoin in 2013. Business Insider voted David as one of the 12 smartest people on Wall Street in 2016 and Bloomberg calls him one of the “most outspoken voice on Wall Street."
David started his career at the International Monetary Fund in Washington D.C.. He received his Ph.D in Economics from Columbia University.
David Woo -
Website - https://www.davidwoounbound.com/
YouTube - @DavidWooUnbound
Twitter - https://twitter.com/Davidwoounbound
WTFinance -
Spotify - https://open.spotify.com/show/67rpmjG92PNBW0doLyPvfn
iTunes -https://podcasts.apple.com/us/podcast/wtfinance/id1554934665?uo=4
LinkedIn - https://www.linkedin.com/in/anthony-fatseas-761066103/
Twitter - https://twitter.com/AnthonyFatseas
Interview recorded - 9th of March, 2023
On todays episode of the WTFinance podcast I had the pleasure of speaking with Neal Berger, President at Eagles View Asset Management.
During our conversation we spoke about the recent monetary regime change, why this caused all assets to go down in 2022, how the same thing will happen in 2023 and whether we will see a 2018 like pivot. I hope you enjoy!
0:00 - Introduction
0:12 - What happened in 2022?
17:35 - Central Bank liquidity main driver of all markets
19:15 - Why did bonds depreciate with stocks in 2022?
21:10 - Are all assets going to go down in 2023?
26:50 - We have seen a Central Bank Regime change
28:00 - Could we see 2018 like pivot?
31:50 - What else could you keep an eye on?
35:30 - One message to take away from our conversation?
Neal Berger is the Founder of Eagle’s View Capital Management, LLC, a hedge fund advisory firm and the investment manager to a number of fund-of-fund vehicles. Mr. Berger has over 25 years of experience on Wall Street and has been in the hedge fund industry for over 20 years. He has been allocating to hedge funds for over 18 years.
Prior to founding Eagle’s View, Mr. Berger was the Founder and Director of the multi-strategy funds Apogee Fund, Ltd. and New Edge, Ltd. Mr. Berger had previously been employed as a global macro trader at New York-based Millennium Partners.
Mr. Berger has allocated capital to hedge funds on behalf of wealthy families and has also been employed as a Vice President of Proprietary Trading with Chase Manhattan Bank and Fuji Bank in New York. He also served as Vice President and senior member of a proprietary trading group for Union Bank of Switzerland. Mr. Berger started his career as a Financial Analyst at Morgan Stanley. Mr. Berger earned a B.A. in Economics from the State University of New York at Albany.
Neal Berger -
Email - nberger@evhedge.com
LinkedIn - https://www.linkedin.com/in/neal-berger-972291/
WTFinance -
Spotify - https://open.spotify.com/show/67rpmjG92PNBW0doLyPvfn
iTunes -https://podcasts.apple.com/us/podcast/wtfinance/id1554934665?uo=4
LinkedIn - https://www.linkedin.com/in/anthony-fatseas-761066103/
Twitter - https://twitter.com/AnthonyFatseas
Thumbnail image from - https://corporatefinanceinstitute.com/resources/capital-markets/stock-market-crash/
Interview Recorded - 1st of March, 2023
On todays episode of the WTFinance podcast I had the pleasure of speaking with Joseph Wang - CIO at Monetary Macro, writer at the Fed Guy, author of the great book “Central Banking 101” and Former Senior Trader at the Federal Reserve Bank of New York.
During our conversation we spoke about why QE has not cause hyperinflation, How QT is different to QE, Whether we will see a soft landing moving forward and impact high interest rates for longer will have on the markets. I hope you enjoy!
0:00 - Introduction
0:25 - Why has QE not caused hyperinflation?
4:25 - Did we know what QE would do before starting it?
6:05 - How can the FED help the economy?
8:45 - How is QT different to QE?
17:00 - How will treasury fund the deficit in higher interest rate environment?
21:55 - Why has the market remained strong with high interest rates?
25:00 - Will we see a soft landing this year?
31:30 - The FED has become political
34:20 - Todays policy similar to 1970’s?
36:50 - Changing FED tone
37:25 - What impact will high interest rates for longer have on markets?
39:40 - Geopolitical risk
42:40 - One message to takeaway from our conversation?
Joseph is the CIO at Monetary Macro and previously a senior trader on the open markets desk. The Desk sits at the center of the dollar system as its ultimate and infinite provider of dollars. It has access to virtually all regulatory and financial data, as well as open lines of communication with all major market participants. It is one of the few places in the world where one can definitively learn how the system works.
Earlier in his career, Joseph was a credit analyst and in another life he practiced law. He holds a B.A. in Economics from Northwestern University, a J.D. from Columbia Law School, and an MSc. in Financial Economics from Oxford University.
Joseph Wang -
Website - https://fedguy.com/
Course - https://fedguy.com/courses/
Book - https://www.amazon.co.uk/Central-Banking-101-Joseph-Wang-ebook/dp/B08TV1MP8C
Twitter - https://twitter.com/FedGuy12
WTFinance -
Spotify - https://open.spotify.com/show/67rpmjG92PNBW0doLyPvfn
iTunes -https://podcasts.apple.com/us/podcast/wtfinance/id1554934665?uo=4
LinkedIn - https://www.linkedin.com/in/anthony-fatseas-761066103/
Twitter - https://twitter.com/AnthonyFatseas
Thumbnail image from - https://www.foxbusiness.com/economy/fed-likely-deliver-another-huge-interest-rate-hike-high-inflation-persists
Interview recorded - 1st of March, 2023
On todays episode of the WTFinance podcast I had the pleasure of welcoming back Jeff Snider, one of the foremost experts on the monetary system, Host of @eurodollaruniversity and Chief Strategist at Atlas Financial.
During our conversation we spoke about why the markets have been resilient recently, what an inverted yield curve is, what a recession means for financial system and Jeffs outlook for 2023. I hope you enjoy!
First Interview with Jeff - https://youtu.be/7MiY2TpKhRM
0:00 - Introduction
1:29 - Why have the markets/economy been so resilient during high interest rates?
4:07 - What does inverted yield curve mean for money markets?
6:47 - How does the inverted curve end?
8:32 - What data points implying a recession?
13:17 - China’s reopening?
17:02 - Shipping costs?
19:12 - What does a recession mean for the financial system?
22:57 - Not enough US Treasuries?
24:02 - Risk in the shadow banking system?
29:30 - FED buying up all collateral?
33:07 - Any other ways to create dollars?
36:27 - The longer we wait for recession, worse it could get
38:32 - Outlook for 2023?
41:27 - What does that mean for the markets?
43:32 - One message to take away from our conversation?
Jeff Snider is one of the foremost experts on the global monetary system, specifically the eurodollar money system, and all aspects of its misunderstood inner workings and how they impact global markets, commerce, and economy. His podcast - Eurodollar University - aims to educate the public on the evolution and nature, and nuances of the eurodollar system and true monetary principles. He is a regular contributor to Real Clear Markets and a columnist for the Epoch Times, and is active on Twitter as well as He has been a guest on countless programs including MacroVoices, and Real Vision for his insights into the Eurodollar system, LIBOR, and repo/securities lending markets., etc.
Jeff Snider -
YouTube - @eurodollaruniversity
Website - https://www.eurodollar.university/
Twitter - https://twitter.com/JeffSnider_AIP
WTFinance -
Spotify - https://open.spotify.com/show/67rpmjG92PNBW0doLyPvfn
iTunes -https://podcasts.apple.com/us/podcast/wtfinance/id1554934665?uo=4
LinkedIn - https://www.linkedin.com/in/anthony-fatseas-761066103/
Twitter - https://twitter.com/AnthonyFatseas
Interview Recorded - Wednesday the 22nd of February, 2023
On todays episode of the WTFinance podcast I had the pleasure of speaking with Mark Spiegel, Managing Member & Portfolio Manager of Stanphyl Capital Partners.
During our conversation we spoke about why the FED are causing a recession, whether stocks will go down big, why this will be led by Tesla and other overvalued stocks and what would have to change for Mark to go net long. I hope you enjoy!
0:00 - Introduction
0:50 - Overview of the markets
3:38 - Are the FED causing a recession?
5:50 - Risk free returns
7:00 - Big stocks to go down?
9:25 - Could a bear market be avoided?
11:35 - What type of companies is Mark investing in?
15:25 - Should you short Tesla due to its fanbase?
21:15 - No value on Tesla AI, Trucks or battery company?
23:40 - Tesla target price?
28:25 - What would have to change for Mark to go net long?
30:30 - Any other industries that Mark is watching?
34:25 - One message to takeaway from our conversation?
Mark B. Spiegel is the Managing Member & Portfolio Manager of Stanphyl Capital Partners (founded in 2011) and is a New York based equity investor. From late 2003 through early 2009 he was an investment banker (most recently as a Principal with Piper Jaffray & Co.) financing smallcap & microcap public companies. Prior to becoming an investment banker Mark spent a year working for a microcap Nasdaq tech company, and he began his career with 17 years in the commercial real estate industry where he negotiated hundreds of transactions and experienced firsthand the opportunities and challenges faced by a wide array of businesses. Mark believes that all of these experiences– banking public companies, working for a small public company and securing real estate for a wide variety of companies– combine to provide the kind of “real world” experience that makes him a better investor.
Mark Spiegel -
Twitter - https://twitter.com/StanphylCap
Website - https://stanphylcap.com/
WTFinance -
Spotify - https://open.spotify.com/show/67rpmjG92PNBW0doLyPvfn
iTunes -https://podcasts.apple.com/us/podcast/wtfinance/id1554934665?uo=4
LinkedIn - https://www.linkedin.com/in/anthony-fatseas-761066103/
Twitter - https://twitter.com/AnthonyFatseas
Thumbnail picture from - https://www.jbs.cam.ac.uk/insight/2021/defining-detecting-measuring-asset-price-bubbles/
Interview recorded - 22nd of February, 2023
During todays WTFinance podcast I had the pleasure of speaking with John Rubino, Founder of dollarcollapse.com, author/co-author of 5 books and macro writer.
During our conversation we spoke about why our financial system will implode, what that means for our world, when is the right time to position in real assets and what the next currency system will be. I hope you enjoy!
0:00 - Introduction
0:50 - Why will our financial system implode on itself?
4:40 - What would cause a deflation or hyperinflation spiral?
7:40 - Debt crisis or currency crisis?
9:55 - Is there a way to inflate away the debt?
14:05 - Does the dollar milkshake theory still occur before US currency implosion?
17:17 - Short period of US Dollar strength before collapse?
21:20 - When is the right time to position in real assets?
23:25 - A risk of confiscation of precious metals?
27:40 - Best tradeoff to make?
30:50 - Next currency system after the implosion?
35:00 - One message to take away from our conversation?
John Rubino is a former Wall Street financial analyst and author or co-author of five books, including The Money Bubble: What To Do Before It Pops and Clean Money: Picking Winners in the Green-Tech Boom. He founded the popular financial website DollarCollapse.com in 2004 and sold it in 2022.
John's newsletter provides actionable advice, based on a couple of premises:
-
The financial world is spinning out of control and will get considerably worse before it gets better.
-
There are things we can do to improve our odds of surviving and thriving as the chaos unfolds.
John Rubino -
Substack - https://rubino.substack.com/
LinkedIn - https://www.linkedin.com/in/john-rubino-a952146/
WTFinance -
Spotify - https://open.spotify.com/show/67rpmjG92PNBW0doLyPvfn
iTunes -https://podcasts.apple.com/us/podcast/wtfinance/id1554934665?uo=4
LinkedIn - https://www.linkedin.com/in/anthony-fatseas-761066103/
Twitter - https://twitter.com/AnthonyFatseas
Thumbnail picture from - https://coinpedia.org/opinion/the-u-s-dollar-could-collapse-in-next-4-months-heres-how-you-can-protect-your-finances/
Interview recorded - 21st of February, 2023
On todays episode of the WTFinance podcast I had the pleasure of speaking with Keith Dicker, Founder & Chief Investment Officer at IceCap Asset Management.
During our conversation we spoke about where risk is currently in the markets, why we have been desensitised to risk, which country could be the catalyst and what assets would be protected during a global crisis. I hope you enjoy!
0:00 - Introduction
1:41 - Where is the risk in the markets?
5:25 - What is currently happening in the macro environment?
11:30 - Polycrisis
12:10 - Desensitised to risk
16:10 - Dollar Milkshake theory
18:30 - Which country are the most at risk of collapse and what does this mean for US assets?
24:00 - The consequence of passive money flows
26:14 - Central banks have more to protect fixed income
28:02 - When will the crisis happen?
29:30 - One message to take away from conversation?
Keith Dicker, CFA founded the company in 2010 and is the President and Chief Investment Officer. He has over 20 years of investment experience as a portfolio manager focusing on managing wealth for clients all over the World.
Keith started his career in Halifax as a portfolio manager with a large Canadian bank where he managed high net worth portfolios on a discretionary basis. Next, for ten years Keith managed portfolios for an offshore bank in Bermuda where as a senior portfolio manager and head of global equities, he was responsible for global investment strategies including asset allocation, equities, fixed income, commodities, alternative investments, and multi-currency. Keith earned the Chartered Financial Analyst (CFA) designation in 1998 and is a member of the Chartered Financial Analysts Institute.
Keith has been recognized by the CFA Institute, Reuters, Bloomberg and the Globe & Mail for his perspective on global macro investment strategies. He is a frequent speaker on the challenges and opportunities facing investors today and is available to present to groups of any size. Please contact him directly.
Keith Dicker -
Website - https://icecapassetmanagement.com/
Twitter - https://twitter.com/IceCapGlobal
LinkedIn - https://www.linkedin.com/in/keith-dicker-cfa-64448221/
Podcast - https://thelooniehour.ca/
WTFinance -
Spotify - https://open.spotify.com/show/67rpmjG92PNBW0doLyPvfn
iTunes -https://podcasts.apple.com/us/podcast/wtfinance/id1554934665?uo=4
LinkedIn - https://www.linkedin.com/in/anthony-fatseas-761066103/
Twitter - https://twitter.com/AnthonyFatseas
Interview recorded - 16/02/2023
On todays episode of the WTFinance podcast I had the pleasure of speaking with Ted Oakley, Managing Partner and Founder of Oxbow Advisors.
During our conversation we spoke about what is happening in the markets, why investors shouldn't be paying attention to the FED, how the current economic environment could lead to many bankruptcies and what assets to watch out for in such an environment.
I hope you enjoy!
0:00 - Introduction
0:10 - Current thoughts on what will happen in markets this year?
0:55 - Are we not going to see a soft landing?
1:40 - Speculation is back
2:10 - Why haven’t we reached the bottom yet?
3:55 - Will we see disinflation over the coming year?
6:10 - What should investors be paying attention to?
7:40 - Shift from growth to value overperformance?
8:50 - The issue with regular investment coverage
9:55 - Speaking to individuals with skin in the game
10:45 - Why aren’t there many opportunities around?
12:00 - Mass bankruptcy coming?
13:40 - The issue with refinancing debt?
15:30 - Any assets to preserve wealth during this period?
17:25 - What level will markets get to?
20:00 - Will precious metals and other commodities benefit?
21:30 - Being positioned no matter what happens
22:15 - What are individuals missing out on?
23:30 - Any industry that is underperforming?
24:45 - One message to take away from our conversation?
Ted Oakley is Managing Partner and Founder of Oxbow Advisors. With more than forty years of experience in advising high net worth clients in the investment industry, Oakley implements the firm’s proprietary investment strategies and the “Oxbow Principles” to provide a unique investment perspective. He is a frequent guest on FOX Business News, Bloomberg Radio, KITCO News, Cheddar TV, Yahoo Finance, and many more.
Mr. Oakley is a Chartered Financial Analyst (CFA) and a Certified Financial Planner (CFP). He is a member of the Austin Society of Financial Analysts. He is also a Partner of Herndon Plant Oakley Ltd., an investment company. He is a Board Member of Texas State Aquarium, American Bank, and American Bank Holding Company. Mr. Oakley is a United States Army Veteran.
Mr. Oakley began his career in Dallas, Texas, over 35 years ago. He is the author of nine books: You Sold Your Company, $20 Million and Broke, Rich Kids Broke Kids – The Failure of Traditional Estate Planning, Crazy Time – Surviving the First 12 Months after Selling Your Company, Wall Street Lies, Danger Time, My Story, The Psychology of Staying Rich, and Your Money Mentality.
Mr. Oakley’s primary philanthropic interest is helping children. He is Chairman Emeritus and Founder of the Foster Angels of South Texas, the largest foster child foundation in South Texas, as well as Chairman Emeritus and Founder of Austin, Texas-based Foster Angels of Central Texas. Also, President and Founder of Advocates for Foster Children Foundation.
Ted Oakley -
Website - https://oxbowadvisors.com/
Twitter - https://twitter.com/Oxbow_Advisors
LinkedIn - https://www.linkedin.com/in/ted-oakley-08444a32/
YouTube - @OxbowAdvisors
WTFinance -
Spotify - https://open.spotify.com/show/67rpmjG92PNBW0doLyPvfn
iTunes -https://podcasts.apple.com/us/podcast/wtfinance/id1554934665?uo=4
LinkedIn - https://www.linkedin.com/in/anthony-fatseas-761066103/
Twitter - https://twitter.com/AnthonyFatseas
Interview recorded - 6th of February, 2023
On todays episode of the WTFinance podcast I had the pleasure of speaking with Sam Burns, Founder & Chief Strategist at Mill Street Research.
During our conversation we spoke about Sam's thoughts on the market, how we could have had a market bottom, what indicators Sam is currently watching, why earnings won't be as bad as everyone thinks and why it is the time to put on some risk. I hope you enjoy!
0:00 - Introduction
0:28 - Sam's thoughts on the market
1:00 - ‘Sentiment extremes reverse’
2:45 - Why does Sam think he is bullish?
5:40 - Why is credit so bullish?
6:34 - What will happen in 6-12 months?
8:50 - Any chance of a secular shift?
12:00 - Bottom in the US equity market
14:00 - Long bonds in the coming years?
15:30 - Earnings the current driver of markets?
18:02 - What are analysts currently thinking at the moment?
20:46 - Is the negative trend the same speed?
24:00 - One message to take away from our conversation?
Sam Burns, CFA founded Mill Street Research, LLC as an independent research provider. He has served as the Managing Member and Chief Strategist since the company’s inception in February 2016.
Sam has over 20 years of experience as a market strategist, providing analysis and commentary to institutional investors globally.
Prior to founding Mill Street Research, Sam worked as a senior strategist at leading firms on Wall Street, including:
■ Oppenheimer & Co.
■ Brown Brothers Harriman
■ State Street Global Markets
■ Ned Davis Research
Sam graduated from Vanderbilt University with a B.A. in Economics, and completed his M.B.A. in Finance at the University of Texas at Austin. In his free time, he enjoys playing golf, hiking, reading, and TV and movies.
Sam Burns -
Website - https://www.millstreetresearch.com/
Twitter - https://twitter.com/MillStResearch
LinkedIn - https://www.linkedin.com/in/sam-burns-cfa-53a51a4/
WTFinance -
Spotify - https://open.spotify.com/show/67rpmjG92PNBW0doLyPvfn
iTunes -https://podcasts.apple.com/us/podcast/wtfinance/id1554934665?uo=4
LinkedIn - https://www.linkedin.com/in/anthony-fatseas-761066103/
Twitter - https://twitter.com/AnthonyFatseas
Interview recorded - 7th of February, 2023
On todays episode of the WTFinance podcast I had the pleasure of speaking with Andy Constan, CEO & CIO of Damped Spring Advisor.
During our conversation we spoke about Andy's thoughts on the markets, how he is short both stocks and bonds, the chance of having higher interest rates for longer and what would have to change Andy's mind. I hope you enjoy!
0:00 - Introduction
0:48 - Andy’s thoughts on the markets?
7:53 - High beta up, most other assets flat
13:41 - Higher interest rates for longer is not priced into markets
16:33 - Janet Yellen has control over QT
20:03 - Spreads between government bonds and credit
21:00 - Indicators to change perspective on market
24:13 - One message to takeaway from our conversation?
Andy has spent the past 35 years investing and trading global markets. Over the last 12 years, he has developed strong expertise in Macro investing working at Bridgewater Associates as an Idea Generator and most recently at Brevan Howard as Chief Strategist. Andy spent the first part of his career at Salomon Brothers and its successor companies. After 17 years at Salomon and as the Head of Global Equity Derivatives, Andy left and started two relative value hedge funds specializing in Multi-Asset Volatility Arbitrage and Capital Structure Arbitrage. Throughout his career, Andy has developed a keen cutting edge understanding of systematic quantitative research and investment while also deeply appreciating the importance of the insights that arise from discretionary investing strategies.
Andy Constan -
Twitter - https://twitter.com/dampedspring
LinkedIn - https://www.linkedin.com/in/andyconstan/
Website - https://dampedspring.com/
WTFinance -
Spotify - https://open.spotify.com/show/67rpmjG92PNBW0doLyPvfn
iTunes -https://podcasts.apple.com/us/podcast/wtfinance/id1554934665?uo=4
Linkedin - https://www.linkedin.com/in/anthony-fatseas-761066103/
Twitter - https://twitter.com/AnthonyFatseas
Interview recorded - 9th of February, 2023
On todays episode of the WTFinance podcast I had the pleasure of speaking with David Hunter, a contrarian macro strategist with 49 years of experience on Wall Street.
During our conversation we spoke about how the S&P 500 will hit 6,000 or higher, how it could be the fastest rally in history, what assets will perform the best, what will then cause an 80% drop and bullishness for metals. I hope you enjoy!
0:00 - Introduction
1:14 - Overview of hypothesis and whether it has changed?
5:34 - Why will we will experience the melt up?
9:04 - One of the best market years in history?
11:54 - Hedge funds and managers to increase longs
12:59 - High beta assets to outperform during this period?
16:29 - What would have to change for David to change his mind?
20:24 - Weak dollar and lower energy prices
21:34 - What will happy to other markets around the world?
23:14 - 80% drop in markets after bull run?
27:34 - Negative end to the year?
28:28 - Japanification of the world economy?
30:54 - High and government debt risk countries
31:54 - What to watch out for for market collapse?
34:29 - Metals at a crucial point
36:34 - Industrial and precious metals
37:34 - One message to take away from our conversation?
Investment professional with 25 years of investment management experience and 20 years as a sell-side strategist with strong expertise in macroeconomic analysis and portfolio management. My strong macro capabilities combined with a contrarian philosophy have allowed me to forecast economic cycles and spot market trends well ahead of the consensus. Intellectually honest, independent thinker comfortable with charting a course apart from the crowd. Accomplished stock picker and value-oriented portfolio manager.
David Hunter -
Twitter - https://twitter.com/DaveHcontrarian
LinkedIn - https://www.linkedin.com/in/david-hunter-668ba015/
WTFinance -
Spotify - https://open.spotify.com/show/67rpmjG92PNBW0doLyPvfn
iTunes -https://podcasts.apple.com/us/podcast/wtfinance/id1554934665?uo=4
Linkedin - https://www.linkedin.com/in/anthony-fatseas-761066103/
Twitter - https://twitter.com/AnthonyFatseas
Interview recorded - 6th of February, 2023
On todays episode of the WTFinance podcast I had the pleasure of speaking with @EconomicNinja .
During our conversation we spoke about the overview of the auto and real estate industry, thoughts on the current markets, how we could experience the worse crash in 50 years and how you can prepare to become wealthy during that period. I hope you enjoy!
0:00 - Introduction
0:54 - Overview of auto industry and real estate industry?
3:25 - Being forced to sell
4:50 - Expensive car market is collapsing
7:35 - Thoughts on current markets?
9:50 - Disinflation still high inflation
12:05 - Interest rate increases continues to remove buyers
13:25 - Things are going to get much worse
15:00 - International investment in real estate
17:00 - Any reason why we wouldn’t go into a recession?
21:05 - One message to takeaway from our conversation
Economic Ninja has been an entrepreneur since he started selling candy in the 6th grade. He thrived on challenges, economics and business. He "flipped" quite a few homes in the early 2000s and has owned multiple rental properties, so he has a lot of personal experience with real estate transactions, loans, remodelling homes. He has "a super human thirst for economic knowledge." He spends many hours every day listening to and reading articles on market trends, interest rate cycles, and all aspects of economics and the world of finance.
Economic Ninja -
YouTube - @EconomicNinja
Twitter - https://twitter.com/economyninja
Instagram - https://www.instagram.com/economic_ninja/?hl=en
TikTok - https://www.tiktok.com/@economicninja
WTFinance -
Instagram - https://www.instagram.com/wtfinancee/
Spotify - https://open.spotify.com/show/67rpmjG92PNBW0doLyPvfn
iTunes - https://podcasts.apple.com/us/podcast/wtfinance/id1554934665?uo=4
Twitter - https://twitter.com/AnthonyFatseas
Thumbnail image from -
Interview recorded - 2nd of February 2023
On todays episode of the WTFinance podcast I had the pleasure of speaking with Matthew Klein, the founder of The Overshoot and Co-author of the book “ Trade Wars are Class War - How Rising Inequality distorts the global economy and threatens international peace.”
During our conversation we spoke about how de-globalisation, China’s consumption issue, what has influenced inequality and how this can be changed in the future. I hope you enjoy!
0:00 - Introduction
1:08 - Thoughts on current markets?
2:29 - Opening not as inflationary as first thought?
3:14 - Key drivers of current price action?
4:54 - Unemployment key factor?
7:14 - De-globalisation and near shoring going to occur?
11:20 - Chinas consumption issue?
15:55 - A currency issue?
20:55 - What has influenced inequality?
24:45 - Why did globalisation not cause inequality?
26:50 - Corporations ruining globalisation?
28:50 - What needs to change to reduce inequality in the US?
32:05 - Targeted CAPEX investment?
33:50 - What other changes need to occur to reduce inequality?
35:40 - What is one message to takeaway from our conversation?
Matthew C. Klein is one of the “most astute commentators on the global economy” (Adam Tooze). He is read across the world by central bankers, chief economists, academics, policymakers, and investors. Klein has given background presentations to staffers of the U.K. Parliament, White House economic advisers, and officials at the European Commission. As a top analyst of both current events and longer-term trends, he can speak on everything from the state of the housing market or the latest decisions of the Federal Reserve to the impact of population aging or the economic legacy of Shinzo Abe.
Klein has over a decade of experience studying the intersection of economics, public policy, and financial markets. He has written for the Economist (2012-13), Bloomberg (2013-14), the Financial Times (2014-18), and Barron’s (2018-21), where he was the Economics Commentator. He now runs The Overshoot, a premium subscription research service dedicated to tracking the global economy.
His writings cover a range of subjects, including asset pricing, banking regulation, Brexit, Chinese currency management and credit policies, corporate tax avoidance, the coronavirus pandemic, demographics, the euro area’s ongoing evolution, global financial imbalances, housing cycles, inequality, inflation measurement, the Japanese economy, the supply and demand for labor, the minimum wage, monetary policy and negative interest rates, productivity and technological innovation, protectionism and trade conflict, and the U.S. political economy.
At the beginning of his career, Klein worked in global macro investment research at Bridgewater Associates. Following this, he was a Research Associate in international economic and financial history at the Council on Foreign Relations (2010-12).
Matthew Klein -
Website - https://theovershoot.co/
Twitter - https://twitter.com/M_C_Klein
Book - https://amzn.to/3JIrRSH
LinkedIn - https://www.linkedin.com/in/matthewcklein/
WTFinance -
Instagram - https://www.instagram.com/wtfinancee/
Spotify - https://open.spotify.com/show/67rpmjG92PNBW0doLyPvfn
iTunes - https://podcasts.apple.com/us/podcast/wtfinance/id1554934665?uo=4
Twitter - https://twitter.com/AnthonyFatseas
Thumbnail from - https://labor411.org/411-blog/wealth-inequality-trying-to-close-the-gap/
Interview recorded - 2nd of February, 2023
On todays episode of the WTFinance podcast I had the pleasure of speaking with Zed Francis, CIO & Co-Founder of Convexitas.
During our conversation we talked about what is currently happening the markets, how tight credit markets could be, whether this could increase volatility and other impacts in markets. I hope you enjoy!
0:00 - Introduction
0:30 - What is currently happening in the markets?
4:15 - Managers can only hold on to cash for so long
5:10 - Market bottom?
6:35 - What is influencing these movements?
8:35 - Earnings a catalyst?
9:45 - Investing in index
10:35 - Key indicators that Zed is currently analysing?
14:44 - What does tight credit mean?
16:50 - How tight are markets?
23:40 - Do other investors move across the risk curve?
26:05 - Less volatility over all?
28:20 - What message to take away from our conversation?
As Convexitas’ co-founder and CIO, Zed is responsible for strategy design, implementation, risk management and business development. In his 15-year career in investment management, Zed has taken on leadership roles that have informed the delivery of consistent and transparent multi- asset solutions as a discretionary fiduciary acting on behalf of institutional clients and high-net-worth individuals. He was most recently a portfolio manager and derivative overlay manager at SpiderRock Advisors.
Previous engagements include portfolio management at institutional investment manager Legal & General Investment Management America and trading head at long/short distressed hedge fund Chicago Fundamental Investment Partners.
Outside of work, The YWCA Chicago mission resonates with Zed and he assists in their continued success by participating in the Impact Investing Advisory Council. He holds a Bachelor of Science from Cornell University. A native of Chicago, Zed lives in his hometown with his wife and two daughters.
Zed Francis -
Website - https://www.convexitas.com/
LinkedIn - https://www.linkedin.com/in/zed-francis-943a4522/
WTFinance -
Instagram - https://www.instagram.com/wtfinancee/
Spotify - https://open.spotify.com/show/67rpmjG92PNBW0doLyPvfn
iTunes - https://podcasts.apple.com/us/podcast/wtfinance/id1554934665?uo=4
Twitter - https://twitter.com/AnthonyFatseas
Interview recorded - 31st of January, 2023
On todays episode of the WTFinance podcast I had the pleasure of speaking with David Rosenberg, Founder & President of Rosenberg Research & associates.
During our conversation we spoke about whether there is a chance for a soft landing, how bad the recession will be, how the recession will impact markets, which assets will perform and what would have to change for David to go long. I hope you enjoy!
0:00 - Introduction
1:06 - Any inkling of a soft landing, or more pain to come?
5:36 - Will the FED get continued inflation or disinflation?
10:19 - FED watching unemployment
14:20 - Would recession impact the markets?
19:36 - Which asset will perform during a recession?
22:35 - Key indicators David will watch to go long?
26:58 - One message from conversation?
David Rosenberg is the Founder and President of Rosenberg Research & Associates Inc., an economic consulting firm he established in January 2020. He and his team have as their top priority providing investors with analysis and insights to help them make well-informed investment decisions.
Prior to Rosenberg Research, David was Chief Economist & Strategist at Gluskin Sheff + Associates Inc. from 2009 to 2019. From 2002 to 2009, he was Chief North American Economist at Merrill Lynch in New York, during which he was consistently ranked in the Institutional Investor All-Star analyst rankings. Prior thereto, he was Chief Economist and Strategist for Merrill Lynch Canada, based out of Toronto, where he and his team placed first in the Brendan Wood survey of Canadian economists for ten years in a row.
Mr. Rosenberg is a frequent contributor to most major financial newspapers and publications in North America and makes regular TV appearances in the financial media. He received both a Bachelor of Arts and Masters of Arts degree in Economics from the University of Toronto.
David Rosenberg -
Website - https://www.rosenbergresearch.com/
Twitter - https://twitter.com/EconguyRosie
LinkedIn - https://www.linkedin.com/in/david-rosenberg-40800219b/
WTFinance -
Instagram - https://www.instagram.com/wtfinancee/
Spotify - https://open.spotify.com/show/67rpmjG92PNBW0doLyPvfn
iTunes - https://podcasts.apple.com/us/podcast/wtfinance/id1554934665?uo=4
Twitter - https://twitter.com/AnthonyFatseas
Interview Recorded - 23rd of January, 2023
On todays episode of the WTFinance podcast I had the pleasure of welcoming back Antonio Linares, a long term thinker/investor.
During our conversation we spoke about his Electron Management Investment Framework, how this is used to analyse company, a deep dive analysis of both Meta and Amazon and which company Antonio prefers best. I hope you enjoy!
0:00 - Introduction
0:25 - Electron Management Investment Framework
4:30 - Networks that efficiently utilise data
5:45 - Identify undervalued companies
7:45 - Analysing macro impact
12:05 - Could Meta be a good buy?
23:50 - Overview of Amazon
26:50 - Where does the value of Amazon come from?
31:30 - Is there a risk of competition from Chat GPT?
33:05 - Meta vs Amazon?
34:45 - AWS vs Amazon split increase value?
35:50 - One message to takeaway from our conversation?
Antonio started his investment journey in 2014, by investing half of his money in $AMD and the other half in $SCTY ($TSLA). To date, the portfolio has delivered an average return of 2000% since. In his newsletter, you will be able to gain a detailed insight into the thought process that led to these investments and that may also lead to other outstanding investments in the future.
He constantly learns new things in the fields of technology, science, history, markets, psychology, business and a whole range of other subjects. He then put ideas from all these different areas together to produce actionable investment ideas.
His passion for learning is what makes him a good investor. His second passion is sharing the new things I learn with others and that is just the motivation of this newsletter.
Antonio Linares -
Twitter - https://twitter.com/alc2022
Substack - https://antoniolinares.substack.com/
Spotify Debate - https://www.youtube.com/watch?v=PFqJaZolkLg
WTFinance -
Instagram - https://www.instagram.com/wtfinancee/
Spotify - https://open.spotify.com/show/67rpmjG92PNBW0doLyPvfn
iTunes - https://podcasts.apple.com/us/podcast/wtfinance/id1554934665?uo=4
Twitter - https://twitter.com/AnthonyFatseas
Interview recorded - 12th of January, 2023
On this weeks episode of the WTFinance podcast I had the pleasure of speaking with Clive Thompson, a retired Wealth Manager from Switzerland.
During our conversation we spoke about how Central Banks are becoming insolvent, three potential courses of actions Central Banks have, how this could lead to CBDC's and a monetary reset and what assets would protect wealth during this period. I hope you enjoy!
0:00 - Introduction
0:30 - How are central banks making large losses?
9:25 - Could Central Banks print more money?
10:00 - Normal accounting rules do not apply to central banks
10:40 - Are central banks in a death spiral?
12:20 - Can the current system be saved?
14:15 - 3 potential courses of action?
15:15 - Catalyst for a change in the system?
16:37 - CBDC’s and a monetary reset
20:38 - Will this be different to current system?
22:46 - How does this solve the debt issue?
30:40 - Could banks be replaced by central banks?
32:00 - How does a currency reset effect asset owners?
34:20 - Any assets which would protect wealth?
41:30 - When could this happen?
52:35 - One message to take away from our conversation?
Clive has 47 years of experience in finance & wealth management. This encompasses structuring and advice relating to quoted investments, Private Equity investments, family businesses, tax, residency, real estate, inheritance, Wills, legal, lending, Trusts, Companies and Foundations and all kinds of personal and private advice. He has been actively involved for decades in the arena of Trust structures. This often involved negotiating and discussing the contracts relating to the sale of family companies.
Clive's latest position before retirement was as Managing Director in the Anglophone Private Clients Department of Union Bancaire Privée, UBP SA, based in Geneva. He was responsible for wealth management services provided to a small number of wealthy English and French speaking families.
Clive continues to remain very active in the world of wealth, with a strong focus on Private Equity, and direct Equity Investing via the global stock markets. His passion is the financial analysis of Balance Sheets, P&Ls, Cash Flow and business projections. Clive loves examining business opportunities, like Private Equity, and digging into the fundamentals of quoted companies to achieve a market beating performance.
Clive Thompson -
LinkedIn - https://www.linkedin.com/in/clive-thompson-661997251/
Video - https://www.youtube.com/watch?v=L9aye4wQ8Ok
WTFinance -
Instagram - https://www.instagram.com/wtfinancee/
Spotify - https://open.spotify.com/show/67rpmjG92PNBW0doLyPvfn
iTunes - https://podcasts.apple.com/us/podcast/wtfinance/id1554934665?uo=4
Twitter - https://twitter.com/AnthonyFatseas
Interview Recorded - 11th of January, 2023
On todays episode of the WTFinance podcast I had the pleasure of speaking with Andreas Steno Larsen, Founder & CEO of Steno Research and macro aficionado.
During our conversation we spoke about the key trends for 2023, why we could experience the fastest decrease of inflation in history, whether we could experience whether the recession may not be as bad as we think and if we may experience 10 further years of inflation.
Steno Research is The European Power House on macro, energy and financial markets. You can get 20% off your subscription with the discount code "substack20" - visit www.stenoresearch.com/subscribe to learn more.
0:00 - Introduction
0:26 - Key Trends for 2023
3:24 - Why could we experience the fastest decrease of inflation in history?
5:43 - Quickest rate decrease this year?
7:35 - How will recession effect inflation in Europe?
10:30 - How did Europe make it through Winter?
16:30 - Will the EU central bank be under pressure to cut rates as well?
18:45 - Could China reopening be another potential risk for inflation?
20:52 - US & Chinese liquidity injections bullish for equity markets?
24:40 - Does the treasury rebuild liquidity after debt ceiling agreed?
25:20 - Liquidity withdrawn from markets
26:15 - Unemployment to increase for further cuts?
28:20 - International investors withdrawing from US?
30:05 - Could we experience 10 years of inflation volatility?
32:25 - What would need to happen for inflation volatility to occur?
34:20 - One message to take away from our conversation?
Andreas is the core macro consultant in Steno Research. Building on years of experience as Global Head of Research at Nordea Bank, he is one of the most quoted and sought-after macro analysts out there. Andreas’ expertise is the energy, real estate and equity spaces, but doesn’t shy away from hot takes on other topics if the underlying analysis is strong enough. Andreas anchors the weekly editorial ‘Steno Signals’.
Andres is among other things a Senior Editor at Real Vision, the host of “The Macro Trading Floor” podcast at Blockworks and the editor of the newsletter “Steno’s Essential Signals”. Being born and raised in FX, Andreas now monitors all asset classes and builds state of the art allocation models based on his quantitative macro framework. On top of the financial analysis, Andreas is a well-known business angel, having pre-seed funded successful projects such as MarketReader and ScaleUp Finance along the way.
Andreas Steno Larsen -
Website - https://stenoresearch.com/
Twitter - https://twitter.com/AndreasSteno
LinkedIn - https://www.linkedin.com/in/andreasstenolarsen/
Newsletter - https://andreassteno.substack.com/
WTFinance -
Instagram - https://www.instagram.com/wtfinancee/
Spotify - https://open.spotify.com/show/67rpmjG92PNBW0doLyPvfn
iTunes - https://podcasts.apple.com/us/podcast/wtfinance/id1554934665?uo=4
Twitter - https://twitter.com/AnthonyFatseas
Thumbnail image from - https://www.centralbanking.com/central-banks/economics/macroeconomics/7951116/us-inflation-its-mainly-global
Interview Recorded - 10th of January, 2023
On todays episode of the WTFinance podcast I had the pleasure of speaking with Julian Brigden, Co-Founder and President of Macro Intelligence 2 Partners.
During our conversation we spoke about the hyper-financialisation in the US, how inflation could continue longer than expected, why the US could underperform for the next decade and the absolute decline of the US. I hope you enjoy!
0:00 - Introduction
0:20 - How has hyper-financialisation in the US occurred and what impact does this have on markets?
5:00 - The FED don’t have any choice
6:45 - Key factor is inflation?
10:24 - Is the public behind Powell?
12:50 - Any other trends that Julian is watching?
15:08 - Still net increase in liquidity in the markets?
16:25 - Period of Monetary Debasement
17:20 - Quantitative Tightening
19:50 - Will US Equities be the worst hit during tightening?
22:30 - Follow where the money goes
24:40 - Absolute decline of the US?
25:30 - Real assets that are less economically sensitive
26:26 - Long bonds?
29:45 - One message to take away from our conversation?
30:50 - How to know when to change your strategy?
Julian Brigden is the Head of Research at Macro Intelligence 2 Partners, a firm he co-founded in 2011. He leads a six-person team of research and market professionals to publish independent macroeconomic research that is both ahead of market consensus and timely. Julian has over 30 years of experience in financial markets including positions in market and policy focused consulting to institutional investors as well as FICC sales.
Julian is a trusted advisor to many top money managers who use MI2 Partners’ research to guide their investment process. He has extensive experience with macro data analysis, broad fixed income, equity market (not individual stocks) and currencies. He is particularly skilled at exploring correlations in the economy and financial markets vital to a vast array of investment decision-makers. As a global macro strategist, Julian’s primary focus is understanding and explaining macroeconomic and policy-related developments to tell clients what is important in markets and what to fade.
Julian spent five years at Medley Global Advisors from 1999 to 2004, a leading macro policy intelligence firm, as the Managing Director of the G7 Client Team, providing timely trading recommendations. From 2004 to 2011, he served as North American Head of Hedge Fund Sales at Crédit Agricole. He has worked in London, Zurich, New York and Vail at UBS, Lehman Brothers, HSBC, Drexel, Credit Suisse, and Salomon Brother in foreign exchange and precious metals.
MI2 Institutional Research offers a student discount for their subscription. The Student rate is $5,001/year for one user and includes access to:
8-10 Monthly Research Reports:
· Core Research Reports
· Trader / Chart Point Reports
· Framework Pieces
· Weekly Research Recap
Research Team
· Ask Me Anything recordings and media/podcast interviews of Julian & Research Team
Access to our Japan Update Publication
· Published 10-15 times a month
Access to Pro Macro (Macro Insiders)
· Published 4-5 times a month
Any questions may be directed to: support@mi2partners.com
Julian -
Website - https://mi2partners.com/
Twitter - https://twitter.com/JulianMI2
LinkedIn - https://www.linkedin.com/in/julian-brigden-150b2114
WTFinance -
Instagram - https://www.instagram.com/wtfinancee/
Spotify - https://open.spotify.com/show/67rpmjG92PNBW0doLyPvfn
iTunes - https://podcasts.apple.com/us/podcast/wtfinance/id1554934665?uo=4
Twitter - https://twitter.com/AnthonyFatseas
Thumbnail image from - https://publicnewstime.com/market-news/entrepreneurs/u-s-may-avoid-a-recession-in-2023/
Interview recorded - 08/01/2022
On todays episode of the WTFinance podcast I had the pleasure of speaking with Clem Chambers, CEO of Online Blockchain plc and founder and former CEO of ADVFN.
During our conversation we spoke about Clem's thoughts on the markets, how hedge funds are propping up the markets, when we will see the market crash and how to identify the bottom. I hope you enjoy!
0:00 - Introduction
1:15 - Clem's thoughts on the current markets?
8:40 - We are in a bear market
13:00 - Reverse Repo
19:40 - Are hedge funds propping up the markets?
25:20 - Is Apple really worth $3 trillion?
31:00 - Inflation
32:00 - When will we see the crash?
38:15 - Counterparty risk from Banks to Crypto Exchanges
44:00 - Wash trading
48:20 - When will we experience the bottom?
50:30 - How to identify a market bottom?
56:55 - What does the top of a bubble look like?
1:00:50 - One message to takeaway from our conversation?
Clem Chambers is an author, journalist, Current CEO of Online Blockchain plc and founder/former CEO of ADVFN, Europe’s leading stocks and markets website. He is General Partner of Ylem Capital clem@ylem.capital. A sought after media commentator, Clem is a regular guest on major television networks including CNBC (US, Europe, Asia, Arabia), Al-Jazeera, BBC, BNN and Fox News.
The author of non-fiction titles including ‘Letters to my Broker’, ‘The Death of Wealth’ and the investment guides ‘101 Ways to Pick Stock Market Winners’ and ‘A Beginner’s Guide to Value Investing’, Clem writes for Seeking Alpha, Forbes and Engineering and Technology magazine and has written Nikkei BP, the Gulf News and The Scotsman as well as specialist trading and business publications Risk AFRICA, Traders and Your Trading Edge. He has written investment columns for Wired Magazine, which described him as a ‘Market Maven’.
Clem’s first thriller novel ‘The Armageddon Trade’ was published in 2009, followed by ‘The Twain Maxim’ in 2010, ‘Kusanagi’ in 2011 and ‘The First Horseman’ in 2012. The fifth instalment in the Jim Evans Saga, 'The Shrine', was published in January 2016 as an Amazon Kindle single.
In November 2018, Clem won Journalist of the Year in the Business Market Commentary category in the State Street UK Institutional Press Awards. The awards recognise outstanding performance in institutional financial services reporting in the UK.
He was shortlisted in 2016 and 2017 as Columnist of the Year (Business Media) in the PPA Awards for his column in E&T Magazine, The Institution Of Engineering & Technology, and in June 2017 won silver in the Tabbie Awards for his Money and Markets column in the same publication.
Clem Chambers -
Website - https://www.clemchambers.com/index.html
Twitter - https://twitter.com/clemchambers?lang=en
Seeking Alpha - https://seekingalpha.com/author/clem-chambers
Forbes - https://www.forbes.com/sites/investor/?sh=cb26e1a3dde1
LinkedIn - https://www.linkedin.com/in/clem-chambers-756145196/?originalSubdomain=uk
WTFinance -
Instagram - https://www.instagram.com/wtfinancee/
Spotify - https://open.spotify.com/show/67rpmjG92PNBW0doLyPvfn
iTunes - https://podcasts.apple.com/us/podcast/wtfinance/id1554934665?uo=4
Twitter - https://twitter.com/AnthonyFatseas
Thumbnail image from - https://moneyandmarkets.com/next-for-tech-stocks-dot-com-crash/
Interview recorded - 5th of January, 2023
On todays episode of the WTFinance Podcast I had the pleasure of speaking with Dave Collum, Professor of Organc Chemistry and leading thinker on markets and the larger world around us.
During our conversation we spoke about Dave's thoughts on the markets in 2023, why he thinks it will be the mother of all bear markets that could last 20 years, the future of inflation, investing in cash flow positive companies and whether the Ukraine conflict is more sinister than it seems. I hope you enjoy!
0:00 - Introduction
1:46 - How was Dave’s year?
3:00 - “There are times to go long, short or fishing”. Is David going fishing?
4:30 - Mother of all bear markets?
9:20 - Could the US market go the same as Japan in the 90’s?
10:20 - Will we see inflation or deflation?
14:30 - Investing in cash flow positive companies?
24:20 - Any other stories Dave is watching?
26:30 - US political laundering through FTX?
32:00 - Politicians getting away with everything
33:40 - Not everything in Ukraine is as it seems?
45:30 - One message to take away and advice for the year?
David Collum received a BS in biology from Cornell in 1977 and an MA, MS, and PhD in chemistry from Columbia University in 1980. Dave currently is the Betty R. Miller Professor of Chemistry at Cornell University. While at Cornell Dave has served as Director of Undergraduate Studies, Director of Graduate Studies, associate chairman, and chairman while running a research program in organic chemistry for forty years, which include collaborations with a host of large-cap pharmaceutical companies exemplified by Merck and Pfizer. In recent years he has become interested in the interface where politics and markets meet. He compiles an annual Year in Review, does several dozen podcasts per year, and occasionally stirs up trouble on more mainstream media sources.
Dave Collum -
Twitter - https://twitter.com/davidbcollum?s=21&t=xvXQIRnoZm5mxXw68trHEQ
Year in Review - https://peakprosperity.com/2022-year-in-review-all-roads-lead-to-ukraine/
WTFinance -
Instagram - https://www.instagram.com/wtfinancee/
Spotify - https://open.spotify.com/show/67rpmjG92PNBW0doLyPvfn
iTunes - https://podcasts.apple.com/us/podcast/wtfinance/id1554934665?uo=4
Twitter - https://twitter.com/AnthonyFatseas
Interview Recorded - 4th of January, 2023
On todays episode of the WTFinance Podcast I had the pleasure of speaking with Andy Schectman, President of Miles Franklin Precious Metals Investments.
During our conversation we spoke about why banks are hoarding gold, whether the US world hegemony could end, how this could lead to Bretton Woods 3.0 with BRICS and whether LME is running out of physical commodities. I hope you enjoy!
0:00 - Introduction
0:25 - Why are Central Banks buying gold?
5:30 - What made the Dollar the world currency?
14:27 - Bretton Woods 3.0 with BRICS?
16:55 - What is a Tier 1 asset and what does it mean?
22:30 - Reinvesting Dollars into the economy
25:55 - Rare metals OPEC?
30:55 - Has the US world hegemony ended?
32:50 - How can individuals protect their wealth during this collapse?
41:10 - London Metals Exchange running out of commodities?
45:20 - One message to take away from our interview?
Prior to starting Miles Franklin, Ltd. in 1989, Andrew became a Licensed Financial Planner, specializing in Swiss Franc Investments and alternative investments. At Miles Franklin Ltd., a company that has eclipsed $5 billion in sales, Andrew has developed an operation that maintains trust, collaboration, and ethical behavior, superior customer service and satisfaction to better serve their clients. He is responsible for overseeing the firm’s operations and business functions; including strategy and planning, account management, finance, and new business.
Andy Schectman
Website - https://www.milesfranklin.com/
Twitter - https://twitter.com/milesfranklinco
LinkedIn - https://www.linkedin.com/in/andy-schectman-0895854/
WTFinance -
Instagram - https://www.instagram.com/wtfinancee/
Spotify - https://open.spotify.com/show/67rpmjG92PNBW0doLyPvfn
iTunes - https://podcasts.apple.com/us/podcast/wtfinance/id1554934665?uo=4
Twitter - https://twitter.com/AnthonyFatseas
Interview recorded - 28/12/2022
On todays episode of the WTFinance podcast I had the pleasure of speaking with Francis Hunt @TheMarketSniper1 - Trader, Technical Analyst, Teacher and originator of the Hunt Volatility Funnel Method.
During our conversation we spoke about whether the monetary system will collapse, whether we could experience disinflation, the upheaval of the financial system and Francis' approach to investing during such a period. I hope you enjoy!
0:00 - Introduction
0:20 - Key macro themes Francis is paying attention to?
14:25 - Do central bankers get too much credit for inflation?
21:50 - Could we experience disinflation?
30:15 - Is there a way that central bankers can turn the current scenario around?
35:50 - Upheaval of the financial system
39:50 - Opportunity within the chaos
44:40 - Francis’ approach to investing in this period
49:10 - Precious metals
50:20 - One message to take away from our conversation?
Francis Hunt, as the originator of the Hunt Volatility Funnel trading methodology, describes himself as a Trader, Technical Analyst and Teacher, is known from his YouTube channel as TheCryptoSniper. He is also the Founder of The Market Sniper.
Stemming from his over 30 years of experience and deep immersion in trading and technical analysis of various markets, this unique approach to trading is the culmination of everything he found to have been valuable and profitable on a consistent, reliable basis, distilled into a single all-encompassing trading system that can easily be learned and internalized by others.
Francis Hunt made his first investments in 1987 pre-crash and bought his first option in 1991 and has been trading equities and other assets since. He is a technical trader who believes all information related to an asset is reflected in its price and therefore reveal the true market sentiment of that asset.
In addition to being a highly successful trader and technical analyst, Francis also enjoys teaching his trading methodology to others. He built a community of like-minded traders around him that supports him and each other with trade ideas and positive reinforcement in an otherwise lonely and harsh environment.
Francis Hunt -
YouTube - @TheMarketSniper1
Website - https://themarketsniper.com/
Twitter - https://twitter.com/themarketsniper
WTFinance -
Instagram - https://www.instagram.com/wtfinancee/
Spotify - https://open.spotify.com/show/67rpmjG92PNBW0doLyPvfn
iTunes - https://podcasts.apple.com/us/podcast/wtfinance/id1554934665?uo=4
Twitter - https://twitter.com/AnthonyFatseas
Thumbnail Image from - https://marketrealist.com/2020/06/will-us-stock-markets-crash-imf-rogers-weigh/
Interview recorded - 22nd of December, 2022
On todays episode of the WTFinance podcast I had the pleasure of speaking with Alexander Campbell, Founder of http://rose.ai/ and Former Global Macro Investor at Bridgewater and Lehman's.
During our conversation we spoke about whether China will become the next Japan, key indicators Alex is watching, how this will impact China's economy and assets to watch at the moment. I hope you enjoy!
0:00 - Introduction
0:22 - What drew you to analysing China?
2:27 - Will China become the next Japan?
5:11 - Is China’s data trustworthy?
8:32 - Key indicators Alex is watching in China?
10:58 - USD have big impact on Chinese currency
13:30 - Strength vs depreciation
14:48 - Is conflict the only way out for China?
18:27 - Inflation post war
19:12 - Money supply China vs USA
20:14 - Expansion of RMB international money supply
22:00 - Zero Covid Policy and Property Market stability
25:04 - Western economy over the next 24 months
27:17 - Chinese opening up increase inflation?
29:01 - Assets to watch at the moment
31:48 - How would this effect asset allocation?
34:12 - PE a crowded trade?
35:00 - One message to take away from our interview?
Alexander Campbell is the Founder and CEO of Rose.ai, a cloud native data platform provider. Rose's highly scalable, Cloud Data Platform helps customers break down data silos and enhance data governance while leveraging the scalability, elasticity, and performance of the public cloud. Previously, Alex was a Senior Investment Associate at Bridgewater Associates, working in the Research Department where he developed new investment systems for the firm based on an understanding of the macroeconomy and the global financial system
Prior to joining Bridgewater, Alex was a proprietary trader in the Equity and Macro Proprietary Group at Lehman Brothers. While at Lehman, he identified investments, developed financial models, and researched economic trends in order to invest the firm’s capital in various long/short, equity derivatives, and convertible bond strategies. Alex was promoted to portfolio manager in early 2008, after five months on the job.
Alex earned an undergraduate degree in economics from McGill University and an MPhil in economics from the University of Oxford. He also has an MBA from the Stanford Graduate School of Business.
While in college, Alex debated competitively, he has served as the Director of Coaching at the Oxford Union, and helped develop debate curriculum for QatarDebate: the Gulf’s first and largest non-profit debate education NGO. He has led debate workshops influencing over 1,500 students in Qatar, Sri Lanka, Hong Kong, the Philippines.
Alex Campbell -
Twitter - https://twitter.com/abcampbell
Substack - https://campbellramble.substack.com/
LinkedIn - https://www.linkedin.com/in/alexanderbcampbell/
Website - https://rose.ai/
WTFinance -
Instagram - https://www.instagram.com/wtfinancee/
Spotify - https://open.spotify.com/show/67rpmjG92PNBW0doLyPvfn
iTunes - https://podcasts.apple.com/us/podcast/wtfinance/id1554934665?uo=4
Twitter - https://twitter.com/AnthonyFatseas
Interview Recorded - 15th of December, 2022
On todays episode of the WTFinance podcast I had the pleasure of speaking with Mario Innecco, Financial markets and macroeconomics analyst.
During the conversation we spoke about the potential for a currency crisis, what catalysts to be aware of, whether a FED pivot would change the outcome and how you can protect your wealth from this crisis. I hope you enjoy!
0:00 - Introduction
0:21 - Overview of Mario’s thoughts about what is happening?
5:30 - Currency crisis?
7:58 - Catalyst that will cause the currency crisis?
11:00 - Refinancing debt
12:36 - Could the FED pivot?
15:00 - Bretton Woods 2.0 or CBDC?
18:00 - Median voter
19:10 - Will real assets protect wealth during crisis?
21:04 - One message to takeaway from our interview?
22:36 - Thoughts on Crypto protecting wealth during currency crisis
Mario has been running his YouTube channel maneco64 since November 2015.
His background is in financial markets and economics. He worked for over twenty years in the City of London and specialised in the exchange-traded derivatives market.
Mario dealt for major financial institutions and corporate entities advising clients on the government bond market, interest rates, financial markets in general and the economy. He has also been an ardent student of the Austrian School of Economics.
Through his videos and also articles here on his blog he endeavours to inform the public about how the financial markets and our current fiat monetary system functions.
Mario Innecco -
YouTube - @maneco64
Twitter - https://twitter.com/maneco1964
LinkedIn - https://www.linkedin.com/in/mario-innecco-a329416b/?originalSubdomain=uk
Website - https://www.maneco64.net/
WTFinance -
Instagram - https://www.instagram.com/wtfinancee/
Spotify - https://open.spotify.com/show/67rpmjG92PNBW0doLyPvfn
iTunes - https://podcasts.apple.com/us/podcast/wtfinance/id1554934665?uo=4
Twitter - https://twitter.com/AnthonyFatseas
Interview Recorded - 13/12/2022
On todays episode of the WTFinance podcast I had the pleasure of speaking with Jay Martin, Host of The Jay Martin Show & President of Cambridge House International.
During our conversation we spoke about Jay's investment approach, the current macroeconomic puzzle, investing in commodities and more! I hope you enjoy.
0:00 - Introduction
0:20 - What influenced Jay to go on this journey?
4:20 - Figuring out this puzzle
6:00 - What type of investor is Jay?
8:14 - Time horizon for investments?
9:35 - Major macroeconomic trends Jay is watching?
14:40 - Barbell approach
17:00 - How is Jay investing around energy challenge in Europe?
21:35 - What geographies has Jay invested in?
25:06 - Investing in gold for protection from Central Banks?
28:40 - Gold has done well in other currencies
31:18 - One message to take away from our conversation?
Jay Martin is the Host of the Jay Martin Show and CEO of Cambridge House.
His conference business gives him a unique access to thought leaders from all over the world. He shares the investment lessons he receives in his newsletter, videos and podcast.
His content is inspired by two goals:
-
Retain financial sovereignty by spotting and investing in early stage, asymmetric opportunities.
-
Question the common narrative and think with ruthless independence.
His newsletter shares lessons, advice and anecdotes from the personalities he encounters on my stage.
Jay Martin -
Website - https://cambridgehouse.com/
YouTube - https://www.youtube.com/@UC9T_qxz0g7FKhj6sXz2LKyQ
Twitter - https://twitter.com/JayMartinBC
LinkedIn - https://www.linkedin.com/in/jay-martin-66257a37/
WTFinance -
Instagram - https://www.instagram.com/wtfinancee/
Spotify - https://open.spotify.com/show/67rpmjG92PNBW0doLyPvfn
iTunes - https://podcasts.apple.com/us/podcast/wtfinance/id1554934665?uo=4
Twitter - https://twitter.com/AnthonyFatseas
Interview recorded - 08/12/2022
On todays episode of the WTFinance podcast I had the pleasure of speaking with Marko Papic, Partner & Chief Strategist at Clocktower Group, as well as author of the book “Geopolitical Alpha: An Investment Framework for Predicting the Future”.
During our conversation we spoke about the greatest misconceptions individuals have about Geopolitics, the importance of the median voter, whether China’s bearishness has gone too far and keeping emotions outside of investing. I hope you enjoy!
0:00 - Introduction
0:25 - Greatest misconceptions individuals have about Geopolitics?
3:25 - Why is the median voter important and what influence do they have?
6:10 - Do central banks also have constraints based on Median Voter?
10:00 - Differences between preferences and constraints?
13:31 - Any other broader constraints not getting enough attention?
17:00 - China aggression overstated?
20:25 - How would you use framework to take a position?
23:40 - Multiple variables impacting certain position
24:40 - Has China bearishness gone too far?
28:40 - Should you overcomplicate the trade?
31:50 - Most of the capital comes from the US and China
33:05 - One message to takeaway from our conversation?
34:55 - Keeping emotions outside of investing
Marko Papic is a partner and chief strategist at Clocktower Group, an alternative investment asset management firm. He leads the firm’s Strategy Team, providing bespoke research to clients and partners on geopolitics, macroeconomics, and markets. Previously, Mr. Papic founded BCA Research’s Geopolitical Strategy practice, the financial industry’s first dedicated political analysis investment strategy, which generated “geopolitical alpha” by identifying gaps between the market’s political expectations and the firm’s forecasts. He served as a senior vice president and the chief geopolitical strategist at the firm. Mr. Papic began his career as a senior analyst at Stratfor, a global intelligence agency where he contributed to the firm’s global geopolitical strategy and its analyst recruitment and training program. In his academic work, he helped create the Center for European Union Studies at the University of Texas at Austin. Mr. Papic is the author of Geopolitical Alpha: An Investment Framework for Predicting the Future, a book that introduces the constraint-based framework to investors. He earned an MA in political science from the University of Texas at Austin and an MA from the University of British Columbia
Marko Papic -
Book - https://amzn.to/3uEDPV0
Twitter - https://twitter.com/Geo_papic
LinkedIn - https://www.linkedin.com/in/marko-papic-geopolitics/
China Research - https://twitter.com/ShanghaiMacro
WTFinance -
Instagram - https://www.instagram.com/wtfinancee/
Spotify - https://open.spotify.com/show/67rpmjG92PNBW0doLyPvfn
iTunes - https://podcasts.apple.com/us/podcast/wtfinance/id1554934665?uo=4
Twitter - https://twitter.com/AnthonyFatseas
Podcast recorded - 06/12/2022
On todays episode of the WTFinance podcast I had the pleasure of speaking with Michael Howell, Founder & Managing Director of CrossBorder Capital.
During our conversation we spoke about what liquidity is, how it is a precursor to negative economic & market actions, the key drivers of liquidity and what would happen if central banks remained hawkish. I hope you enjoy!
0:00 - Introduction
0:25 - Why liquidity?
1:05 - What is liquidity and why does it change?
2:45 - Shocks/bubbles due to liquidity
3:25 - Is liquidity linked to other economic data points?
6:15 - Was there a cycle between GFC and COVID?
7:30 - Understanding what impact liquidity will have on markets
12:40 - Any other countries Michael is analysing?
15:03 - Inflections in the next few months?
16:30 - Any other indicators to watch to analyse liquidity?
18:55 - What would happen if central banks continue to tighten?
25:45 - Going the way of Japan?
30:33 - One message to take away from our interview?
31:50 - Assets that could protect you from financial repression?
Michael Howell is CEO of CrossBorder Capital, a London-based FCA registered, independent research and investment company that he founded in 1996. Previously he was Head of Research for Baring Securities and Research Director of Salomon Brothers Inc, the US investment bank. The liquidity methodology he pioneered monitors cross-border flows and Central Bank behaviour across some 80 countries world-wide. Liquidity flows are a central part of CrossBorder Capital's asset allocation advice, which is currently provided to major global investors, including institutional asset managers, government agencies, Central Banks and endowment funds. Michael has been in financial markets since 1981 and is a regular conference speaker and media commentator. He graduated from Bristol and London Universities with a finance doctorate, specialising in Fixed Income.
Michael Howell -
Website - https://crossbordercapital.com
Twitter - https://twitter.com/crossbordercap
LinkedIn - https://www.linkedin.com/in/michael-howell-357b1416/?originalSubdomain=uk
WTFinance -
Instagram - https://www.instagram.com/wtfinancee/
Spotify - https://open.spotify.com/show/67rpmjG92PNBW0doLyPvfn
iTunes - https://podcasts.apple.com/us/podcast/wtfinance/id1554934665?uo=4
Twitter - https://twitter.com/AnthonyFatseas
Interview recorded - 2nd of December, 2022
On todays episode of the WTFinance I had the pleasure of speaking with Rafi Farber of The End Game Investor.
During our conversation we spoke about what is currently wrong with our monetary system, how central banks are stealing from you, what the collapse would look like and what will protect your wealth. I hope you enjoy!
0:00 - Introduction
0:24 - What is currently wrong with our monetary system?
3:40 - the theft is interest repayments on money?
4:48 - Counterparty risk with non government currency?
5:30 - How exactly will the central bank fail?
7:45 - When will the collapse of our system happen?
9:30 - Credit Suisse and Deutsche Bank insolvent?
11:10 - Why is now the time? (not 2008, 2018 and 2020)
13:00 - Is Bretton Wood 2.0 the next step?
16:50 - Does this risk economic growth?
18:05 - Gold/Silver ratio?
20:50 - How has Rafi positioned his portfolio?
Rafi Farber -
YouTube - @endgameinvestor
Seeking Alpha - https://seekingalpha.com/checkout?service_id=mp_1347
Patreon - https://www.patreon.com/endgameinvestor
Twitter - https://twitter.com/RafiFarber
WTFinance -
Instagram - https://www.instagram.com/wtfinancee/
Spotify - https://open.spotify.com/show/67rpmjG92PNBW0doLyPvfn
iTunes - https://podcasts.apple.com/us/podcast/wtfinance/id1554934665?uo=4
Twitter - https://twitter.com/AnthonyFatseas
Interview Date - 28/11/2022
During todays podcast I had the pleasure of speaking to Matthew Piepenburg, Commercial Director at Matterhorn Asset Management and co-founder of SignalsMatter.com, has extensive experience in alternative investments, law, and finance, with particular expertise in managed futures, credit and equity investing
During our conversation we talked about why the monetary system will collapse, what the catalyst for the crash would be, potential for CBDC/Bretton Wood 2.0 & how to protect your wealth during this period. I hope you enjoy!
0:00 - Introduction
0:20 - Why will the monetary system collapse?
7:22 - Is there a place for QE?
12:25 - Can the FED tighten enough now?
18:10 - Could we go into deflation with a recession?
23:33 - Will the rest of the world become Japan?
27:15 - Catalyst for a crash?
31:50 - Run on banks at Credit Suisse and Deutsche Bank?
37:00 - CBDC/Bretton Wood 2.0 the next step?
42:00 - Protecting your wealth during this period
46:33 - The importance of valuation
51:15 - One message to take away from our interview
With over 20 years of experience as the General Counsel and, later, CIO of a highly-capitalized single family office (J.H. Johnson); as the Managing Director of a multi-billion, multi‐family office (Massey Quick & Co); and as the Managing Director to a multi-manager hedge fund specializing in managed futures, long/short credit trades and global macro dynamics), Matt has overseen the allocation of over $5 billion in investable assets over a full range of portfolios and alternative investment vehicles.
He has lead the quantitative and qualitative due diligence on hundreds of diverse hedge fund managers and strategies and has developed a unique expertise as to the best practices and diverse strategies of the world’s premier investment funds.
Matt graduated from Brown University, with highest honors (Magna Cum Laude, Phi Beta Kappa). He holds a Master’s degree and Juris Doctor from Harvard University and the University of Michigan respectively. Fluent in French and German, (having also worked at Dresdner Bank, Frankfurt) he is the author of numerous international white papers on macro conditions, asset classes and global risk management strategies.
Following his engagements with family offices, Matt became involved in structuring an launching hedge funds working closely with Morgan Stanley in selecting, allocating, and sizing the diverse, top-quartile portfolio managers which comprise a zero-beta multi-manager fund. With over two decades of experience investing in alternative investment vehicles, including selection of the managers within the aforementioned fund, Matt contributes a deep understanding of the strategies employed by carefully vetted managers and has an equally extensive grasp of constructing uncorrelated, multi-product/security portfolios around market themes with an omnipresent focus on market analysis and risk management.
Matt’s collective expertise has forged a strong understanding of macro forces and their essential role in selecting the most efficient and timely strategies for long term asset preservation and growth in current conditions and those to come. His widely acclaimed and user-friendly blogs, straight-talk and conservative/defensive approach to investing are invaluable components of the Signals Matter community.
Matthew Piepenburg -
LinkedIn - https://www.linkedin.com/in/matthewpiepenburg/
Books - https://amzn.to/3Ujf9M6
Signals Matter - https://www.signalsmatter.com/matthew-piepenburg/
Gold Switzerland - https://goldswitzerland.com/author/matthew-piepenburg/
WTFinance -
Instagram - https://www.instagram.com/wtfinancee/
Spotify - https://open.spotify.com/show/67rpmjG92PNBW0doLyPvfn
iTunes - https://podcasts.apple.com/us/podcast/wtfinance/id1554934665?uo=4
Twitter - https://twi
Interview recorded - 23rd of November, 2022
On todays episode of the WTFinance podcast I had the pleasure of speaking with Brent Donnelly - President of Spectra Markets, an experienced currency, equity and futures trader, and author of two books on trading “Alpha Trader) and “The Art of Currency Trading”.
During our conversation we spoke about Key Macro trends Brent is watching, whether we have seen the end of dollar strength (for now), how Brent is looking to position himself and historical periods that this market reminds him of. I hope you enjoy!
Buy the books here -
Alpha Trader - https://amzn.to/3VdUuKM
The Art of Currency Trading - https://amzn.to/3OxvYSh
0:00 - Introduction
0:20 - Key macro trends Brent is watching?
5:50 - People love the FED trade
8:25 - Pullback from Dollar strength and equity weakness?
12:50 - Hot property markets
16:18 - Could debt serving risk become an issue in 2023?
17:20 - Key data points in the US for recession?
21:10 - What historical period does this market remind you of?
27:30 - How are you looking to position yourself?
38:10 - Any trends that aren’t getting enough trend?
41:40 - JPY
44:47 - One message to take away from our conversation?
Brent Donnelly has been trading currencies since 1995 and writing about macro since 2004. He is currently President of Spectra Markets. Brent is the author of Alpha Trader (2021) and The Art of Currency Trading (Wiley, 2019). He writes a widely-read and highly-respected macro and FX daily called AM/FX. Over the course of his career, he has been a market maker, trader, and senior manager at some of the top banks in foreign exchange.
He has extensive experience trading currencies, FX options, stock index futures, NASDAQ stocks, and commodities. Brent is a respected macro thinker with the unique perspective of a senior risk taker. He has been quoted by or featured in the Economist, Real Vision, Epsilon Theory, the Wall Street Journal, Financial Times, Bloomberg, and CNBC.
Before joining Spectra, Brent was a senior FX trader at HSBC, head of G10 Spot Trading at Citi New York and global head of G10 FX Trading at Nomura New York. He was also a portfolio manager at a major hedge fund in Connecticut for three years. He created and wrote a cartoon called ‘‘Daft Planet,’’ which aired on TV in Canada, and he dreams of one day winning the Man Booker Prize.
Brent Donnelly -
Website - http://brentdonnelly.com/
Twitter - https://twitter.com/donnelly_brent?
LinkedIn - https://www.linkedin.com/in/brent-donnelly-98321187/
Spectra - https://www.spectramarkets.com/am-fx/
WTFinance -
Instagram - https://www.instagram.com/wtfinancee/
Spotify - https://open.spotify.com/show/67rpmjG92PNBW0doLyPvfn
iTunes - https://podcasts.apple.com/us/podcast/wtfinance/id1554934665?uo=4
Twitter - https://twitter.com/AnthonyFatseas
Interview recorded - 21st of November, 2022
On todays episode of the WTFinance I had the pleasure of speaking with Weston Nakamura, Former Goldman Sachs and Jefferies trader in Tokyo and currently Global Markets Editor at Real Vision.
During this conversation we spoke about Weston's unconventional route into finance, unique methods of analysing markets, following capital, the importance of the BoJ & a catalyst for further bond market volatility. I hope you enjoy!
Weston has released multiple videos on the BoJ and his trading approach which I have share below -
Why Global Markets are Addicted to the Bank of Japan - https://www.youtube.com/watch?v=t9l2flhMSVE&feature=youtu.be
How the Bank of Japan Blew Up Global Markets in 2022 - https://www.youtube.com/watch?v=_0a9DuqhVvU
How to (and not to) Trade Geopolitical Risk - https://www.youtube.com/watch?v=SvQkRhCpMkM
Trading Geopolitical Risk Part 2 - https://www.youtube.com/watch?v=u2XW_TG8LFI
If you would like to see more of Weston's and other finance content, you can get instant access to their daily briefing with the link below -
https://www.realvision.com/WTFinance
0:00 - Introduction
0:44 - Weston’s unconventional route into finance
10:51 - What would have happened if he didn’t get a job?
13:00 - Unique method of analysing markets?
16:29 - Understanding what moves markets
19:25 - Motives/goals of capital
21:10 - Example of using this strategy
26:25 - Current Bank of Japan policies and why they are unique?
37:11 - Big pivot or just a small change in policy?
39:30 - What would influence high volatility?
42:45 - Catalyst for further bond market volatility?
44: 50 - Anything else Weston is keeping a close eye on?
48:30 - FTX and issues Weston has with Fintwit
56:30 - My own opinion?
1:02:15 - One message to takeaway from our interview?
Weston is the Global Markets Editor at Real Vision, based in Tokyo. As a former listed derivatives trader at Goldman Sachs and hedge fund sales at Jefferies, Weston takes a global approach across asset classes including equities, rates, currencies, commodities and crypto through the lens of price action, cross-asset relationships, central banks and policy, along with other market drivers.
Weston makes his own original video content for Real Vision with a focus on non-consensus views, analysis, themes, ideas and trades, often presented with a twist of his signature humour.
Weston Nakamura -
Twitter - https://twitter.com/acrossthespread?
LinkedIn - https://www.linkedin.com/in/westonnakamura/
Website - https://acrossthespread.com/
Weston Videos - https://t.co/mGEVHIzbbP
WTFinance -
Instagram - https://www.instagram.com/wtfinancee/
Spotify - https://open.spotify.com/show/67rpmjG92PNBW0doLyPvfn
iTunes - https://podcasts.apple.com/us/podcast/wtfinance/id1554934665?uo=4
Twitter - https://twitter.com/AnthonyFatseas
Interview recorded - 17th of November, 2022
On todays episode of the WTFinance podcast I had the pleasure of speaking with Bob Elliott, Former Senior Investment Executive at Bridgewater Associates and currently Co-Founder, CEO & CIO of Unlimited Funds.
During our conversation we talked about inflation, whether the Fed will pivot soon, how this is impact ting Europe and the potential for a secular shift. I hope you enjoy!
0:00 - Introduction
0:21 - What are you currently paying attention to?
3:05 - Is inflation becoming sticky?
6:15 - Any comparisons to the past?
10:20 - Will the FED pivot soon?
12:15 - EU going to devalue against the dollar further?
14:30 - All linked to Italy?
19:06 - Any other macro trends?
23:05 - Nearshoring?
24:20 - Inflationary dynamic for longer?
27:35 - More room for value investing companies?
30:00 - What would have to happen to go back to 2019 markets?
32:40 - Shift from passive to active management overperformance?
35:45 - One message tot take away from our conversation?
Bob Elliott is the Co-Founder, CEO & CIO of Unlimited, which uses machine learning to create index replication ETFs of 2&20 style alternative investments like hedge funds, venture capital & private equity.
Prior to founding Unlimited, Bob was a Senior Investment Executive at Bridgewater Associates where he served on the Investment Committee (G7) and created investment strategies across equities, fixed income, credit, exchange rates, and commodities, including many used in the flagship Pure Alpha Fund. He also built and led Ray Dalio’s personal investment research team for almost a decade. He’s the author of hundreds of Bridgewater’s widely read Daily Observations and directly counselled some of the world’s foremost policy makers and institutional investor on economic and investing issues.
Bob has also served as an advisor and executive at several startups including CircleUp, an investment company focused on early-stage consumer brands. There he revamped the investment strategy for the company’s $150mln venture funds leveraging big data approaches to improve decision making. He was also the co-founder of GiveWell, a startup charity evaluator which now directs more than $500mln in annual contributions.
Bob holds a BA in History and Science from Harvard.
Bob Elliott -
Website - https://www.unlimitedfunds.com/
Twitter - https://twitter.com/bobeunlimited?s=21&t=bEWfVJjh6KcziPA0zpyEPA
LinkedIn - https://www.linkedin.com/in/ttoillebob
WTFinance -
Instagram - https://www.instagram.com/wtfinancee/
Spotify - https://open.spotify.com/show/67rpmjG92PNBW0doLyPvfn
iTunes - https://podcasts.apple.com/us/podcast/wtfinance/id1554934665?uo=4
Twitter - https://twitter.com/AnthonyFatseas
Interview recorded - 24th of October, 2022
On todays episode of the WTFinance podcast I had the pleasure of speaking with John Williams, founder of ShadowStats, a website that calculates the “actual” inflation rate.
During our conversation we talked about what is wrong with our current measurement, why inflation may actually be 16%, whether gold moves with this measurement of inflation and more. I hope you enjoy!
0:00 - Introduction
0:26 - What is wrong with our current measurement of inflation?
6:05 - Gold moving with inflation?
9:10 - When else did we experience this type of inflation?
11:35 - What was actual inflation like through the 2010’s?
13:00 - Any indicators to watch what real CPI might be in the coming months?
21:00 - How does the FED reduce Q1?
21:45 - Impact on precious metals
23:45 - One message to take away from interview?
Walter J. "John" Williams was born in 1949. He received an A.B. in Economics, cum laude, from Dartmouth College in 1971, and was awarded a M.B.A. from Dartmouth's Amos Tuck School of Business Administration in 1972, where he was named an Edward Tuck Scholar. During his career as a consulting economist, John has worked with individuals as well as Fortune 500 companies.
John has been a private consulting economist and, out of necessity, had to become a specialist in government economic reporting.
One of his early clients was a large manufacturer of commercial airplanes, who had developed an econometric model for predicting revenue passenger miles. The level of revenue passenger miles was their primary sales forecasting tool, and the model was heavily dependent on the GNP (now GDP) as reported by the Department of Commerce. Suddenly, their model stopped working, and they asked John if he could fix it. He realised the GNP numbers were faulty, corrected them for his client (official reporting was similarly revised a couple of years later) and the model worked again, at least for a while, until GNP methodological changes eventually made the underlying data worthless.
That began a lengthy process of exploring the history and nature of economic reporting and in interviewing key people involved in the process from the early days of government reporting through the present. For a number of years he conducted surveys among business economists as to the quality of government statistics (the vast majority thought it was pretty bad), and his results led to front page stories in 1989 in the New York Times and Investors Daily (now Investors Business Daily), considerable coverage in the broadcast media and a joint meeting with representatives of all the government's statistical agencies.
Nonetheless, the quality of government reporting has deteriorated sharply in the last couple of decades. Reporting problems have included methodological changes to economic reporting that have pushed headline economic and inflation results out of the realm of real-world or common experience.
Over the decades, well in excess of 1,000 presentations have been given on the economic outlook, or on approaches to analyzing economic data, to clients—large and small—including talks with members of the business, banking, government, press, academic, brokerage and investment communities. John has also have provided testimony before Congress.
John Williams -
Shadowstats- http://www.shadowstats.com/
Twitter - https://twitter.com/shadowstats?s=21&t=Sfk6z767icOb135AC_Kx0w
WTFinance -
Instagram - https://www.instagram.com/wtfinancee/
Spotify - https://open.spotify.com/show/67rpmjG92PNBW0doLyPvfn
iTunes - https://podcasts.apple.com/us/podcast/wtfinance/id1554934665?uo=4
Twitter - https://twitter.com/AnthonyFatseas
On todays episode of the WTFinance Podcast I had the pleasure of speaking with Alasdair Macleod, Head of Research at Goldmoney, Educator for sound money and demystifying finance and economics.
During the interview we talked about why bank credit is so important, the risk of a potential fiat currency collapse, Bretton Wood 2.0 and the potential societal shift after the currency collapse. I hope you enjoy!
0:00 - Introduction
0:25 - Why is bank credit so important in our system?
8:25 - Lagged economic response to current issues
16:00 - Near collapse of UK bond market warning of future?
21:00 - Gold is money and the rest is credit
28:15 - Bretton Wood 2.0?
32:20 - Without Bretton Wood 2.0, what other system will come online in the West?
37:05 - Where does growth come from if we don’t increase bank credit?
44:20 - Societal shifts after currency collapses
46:20 - Could precious metals be confiscated?
50:35 - One message to take away from interview?
Alasdair Macleod is Head of Research for GoldMoney. He is an educator and advocates for sound money through demystifying finance and economics. His background includes being a stockbroker, banker, and economist.
Alasdair Macleod started his career as a stockbroker in 1970 on the London Stock Exchange. Within nine years, he had risen to become senior partner of his firm.
Subsequently, he held positions at the director level in investment management and worked as a mutual fund manager. Mr. Macleod also worked at a bank in Guernsey as an executive director.
For most of his 40 years in the finance industry, he has been demystifying macroeconomic events for his investing clients. The accumulation of this experience has convinced him that unsound monetary policies are the most destructive weapon governments use against the common man. Accordingly, his mission is to educate and inform the public in layman's terms what governments do with money and how to protect themselves from the consequences.
Alasdair Macleod -
Website - https://www.goldmoney.com/
Blog - https://www.goldmoney.com/research/legal-definitions-of-money-and-credit
Twitter - https://twitter.com/MacleodFinance
LinkedIn - https://www.linkedin.com/in/alasdair-macleod-9494b27/
WTFinance -
Instagram - https://www.instagram.com/wtfinancee/
Spotify - https://open.spotify.com/show/67rpmjG92PNBW0doLyPvfn
iTunes - https://podcasts.apple.com/us/podcast/wtfinance/id1554934665?uo=4
Twitter - https://twitter.com/AnthonyFatseas
On todays episode of the WTFinance podcast I had the pleasure of speaking with Gregory Mannarino, “The Robin Hood of Wall Street” and Founder of Traders Choice.
During our conversation we spoke about what is currently happening in the market, the currency problem, what the catalyst for the collapse will be and how to protect your wealth during this period. I hope you enjoy!
0:00 - Introduction
0:24 - What is happening in the markets?
1:35 - What is a price discovery mechanism?
3:05 - Main reasons that the stock market has increased over the last 40 years?
6:15 - What would Greg do as the FED chair?
7:30 - If it is a currency problem, why is the US Dollar strong?
9:25 - What is the catalyst for this collapse?
11:40 - Central Banks trying to keep the system going
14:45 - Faith isn’t enough anymore
18:35 - Why does the FED want control?
19:35 - Is there any way that the system doesn’t collapse?
23:05 - Bandaids preventing the inevitable
23:50 - Any assets that could protect individuals wealth?
26:00 - Inputs that go into indicator?
29:10 - One message to take away from the interview?
Gregory Mannarino, also known as "The Robin Hood Of Wall Street," is an active/full time trader of the capital markets with a world-wide following.
Born on July 22, 1965, he became interested in "Wall Street," like many others at the time, in 1987 after seeing the movie Wall Street with Michael Douglas. Around that time he was able to get an entry level position, then subsequently to the trading floor, at the now defunct bank Bear Stearns, but within a relatively short time realized that working on Wall Street was not like the movies and moved on.
He went on to get a medical degree and practiced medicine as a Physician Assistant beginning in 1996, now retired from practice. He also served in the United States Naval Reserve Medical Service Corps, having attained the rank of Lieutenant. Gregory even published a book on casino Blackjack strategies years later, and was banned from playing the game in Las Vegas casinos.
Gregory Mannarino -
YouTube - https://www.youtube.com/c/GregoryMannarino
Traders Choice - https://traderschoice.net/
WTFinance -
Instagram - https://www.instagram.com/wtfinancee/
Spotify - https://open.spotify.com/show/67rpmjG92PNBW0doLyPvfn
iTunes - https://podcasts.apple.com/us/podcast/wtfinance/id1554934665?uo=4
Twitter - https://twitter.com/AnthonyFatseas
On todays episode of the WTFinance Podcast I had the pleasure of speaking with Marc Faber, Editor and Publisher of the ‘’Gloom, Boom & Doom Report’’.
During the conversation we talked about how the FED is destroying the economy, why inflation is out of control, whether we will see the rise of emerging markets and more!
0:00 - Introduction
0:40 - Is the FED destroying the economy?
6:10 - Was the FED too slow to react?
8:35 - Is this time different?
11:50 - This inflation has come from Fiscal & Monetary effects?
13:10 - Is the economy already collapsed?
14:50 - Why have we already had a crash?
17:40 - Dollar strength shielding US against higher inflation?
19:58 - US Stock Market vs EU Stock Market
21:25 - The rise of emerging markets?
23:10 - Interest rates at 8% in Europe?
27:05 - Will we see hyperinflation or any similarities to the Great Depression?
34:50 - Where are you positive about?
39:29 - One message to take away from interview?
Dr Marc Faber was born in Zurich, Switzerland. He went to school in Geneva and Zurich and finished high school with the Matura. He studied Economics at the University of Zurich and, at the age of 24, obtained a PhD in Economics magna cum laude.
Between 1970 and 1978, Dr Faber worked for White Weld & Company Limited in New York, Zurich and Hong Kong. Since 1973, he has lived in Hong Kong. From 1978 to February 1990, he was the Managing Director of Drexel Burnham Lambert (HK) Ltd.
In June 1990, he set up his own business, publishing a widely read monthly investment newsletter “THE GLOOM BOOM & DOOM” report which highlights unusual investment opportunities.
He is also the author of several books including “TOMORROW’S GOLD – Asia’s Age of Discovery” which was first published in 2002 and highlights future investment opportunities around the world. “TOMORROW’S GOLD” was for several weeks on Amazon’s best seller list and has been translated into Japanese, Korean, Thai and German.
Dr. Faber is also a regular contributor to several leading financial publications around the world.
A book on Dr Faber, “RIDING THE MILLENNIAL STORM”, by Nury Vittachi, was published in 1998.
A regular speaker at various investment seminars, Dr Faber is well known for his “contrarian” investment approach.
Marc Faber -
Website - https://www.gloomboomdoom.com/
Twitter - https://twitter.com/gloomboomdoom?lang=en
LinkedIn - https://www.linkedin.com/in/marc-faber-gloomboomdoom/?originalSubdomain=hk
WTFinance -
Instagram - https://www.instagram.com/wtfinancee/
Spotify - https://open.spotify.com/show/67rpmjG92PNBW0doLyPvfn
iTunes - https://podcasts.apple.com/us/podcast/wtfinance/id1554934665?uo=4
Twitter - https://twitter.com/AnthonyFatseas
Interview recorded - 27th of October, 2022
On todays episode of the WTFinance podcast I had the pleasure of speaking with Dave "True Disbeliever" Collum, Professor of Organc Chemistry &leading thinker on markets and the larger world around us.
During the conversation we talked about how are world has become more dangerous, the Ukraine/Russian conflict, the current state of China and impacts these macroeconomic events have on the market.
0:00 - Introduction
0:30 - How have we gotten to this dangerous world we live in today?
2:20 - Shouldn’t be worried about East vs West?
3:16 - You are with us or you are against us
6:20 - Post Collapse of the Berlin War
7:40 - Most interesting thing in your research?
9:12 - How does this Ukraine/Russia conflict end?
12:30 - Best thing is a stalemate in Ukraine?
15:20 - Russian support in Ukraine?
22:30 - Russia is not a military superpower?
24:40 - Lots of complexities in life
25:45 - Opinion on the current state of China?
35:10 - Return to value investing over performance?
40:15 - Will we see a recession and impact on S&P500?
43:45 - Austerity or growth faster than inflation
48:55 - Issues with pipelines in North East US
52:48 - One message to take away from our conversation?
David Collum received a BS in biology from Cornell in 1977 and an MA, MS, and PhD in chemistry from Columbia University in 1980. Dave currently is the Betty R. Miller Professor of Chemistry at Cornell University. While at Cornell Dave has served as Director of Undergraduate Studies, Director of Graduate Studies, associate chairman, and chairman while running a research program in organic chemistry for forty years, which include collaborations with a host of large-cap pharmaceutical companies exemplified by Merck and Pfizer. In recent years he has become interested in the interface where politics and markets meet. He compiles an annual Year in Review, does several dozen podcasts per year, and occasionally stirs up trouble on more mainstream media sources.
Dave Collum -
Twitter - https://twitter.com/davidbcollum?s=21&t=xvXQIRnoZm5mxXw68trHEQ
WTFinance -
Instagram - https://www.instagram.com/wtfinancee/
Spotify - https://open.spotify.com/show/67rpmjG92PNBW0doLyPvfn
iTunes - https://podcasts.apple.com/us/podcast/wtfinance/id1554934665?uo=4
Twitter - https://twitter.com/AnthonyFatseas
On todays episode of the WTFinance Podcast I had the pleasure of welcoming back Doomberg - the famous green chicken highlighting the fundamentals missing from many economic and policy decisions, specifically in the energy markets.
We talked about the overall energy market, how winter ends in Europe, why negative gas prices in Europe aren't telling the whole story, "War Profiteering" and the future of Nuclear. I hope you enjoy!
0:00 - Introduction
0:43 - Overview of the energy markets
3:48 - How does this winter in Europe end?
6:30 - Negative Natural Gas in Europe, will this save Europe?
12:55 - Challenge of getting energy to the right place
15:45 - Why will next Winter be worse in Europe?
18:05 - Are Energy Companies “War Profiteering”?
24:40 - Complexities behind refining
28:25 - What drives market efficiencies in energy?
33:00 - Why Nuclear is the way forward and fears are misplaced
38:53 - One message to take away from our interview?
The group started writing Doomberg in May of 2021 to highlight the fundamentals missing from many economic and policy decisions, and it quickly grew to be one of the most widely read finance newsletters on Substack.
This publication is their passion, and the content is borne out of the team’s deep experience in heavy industry, private equity, and the hard sciences. Family offices and c-suite executives hired them to deliver innovative thinking and clarity to complex problems – they operate as though their subscribers share those same expectations.
Read their full bio here - https://doomberg.substack.com/about
Doomberg -
Substack - https://doomberg.substack.com/
Twitter - https://twitter.com/DoombergT
WTFinance
Instagram - https://www.instagram.com/wtfinancee/
Spotify - https://open.spotify.com/show/67rpmjG92PNBW0doLyPvfn
iTunes - https://podcasts.apple.com/us/podcast/wtfinance/id1554934665?uo=4
Twitter - https://twitter.com/AnthonyFatseas
Interview recorded - 22nd of October, 2022
On todays episode of the WTFinance Podcast I had the pleasure of speaking with Michael Oliver, Founder of Momentum Structural Analysis.
During the interview we talked about Michael's investment strategy, the challenges the markets are currently experiencing, how precious metals may replace bonds as the safe haven asset in the US and potential for a continued strong US Dollar for the near future. I hope you enjoy!
0:00 - Introduction
0:20 - Michael’s investment strategy and flaws in traditional analysis
5:21 - What is currently happening in the markets?
9:45 - Commodity inflation
18:05 - Precious metals replacing bonds at safe haven assets in the US
21:05 - How will increased volatility effect momentum investing?
25:05- Any other assets other than commodities to watch?
30:50 - One message to take away from interview?
J. Michael Oliver entered the financial services industry in 1975 on the Futures side, joining E.F. Hutton’s International Commodity Division, headquartered in New York City's Battery Park. He studied under David Johnston, head of Hutton’s Commodity Division and Chairman of the COMEX.
In the 1980s Mike began to develop his own momentum-based method of technical analysis. He learned early on that orthodox price chart technical analysis left many unanswered questions and too often deceived those who trusted in price chart breakouts, support/resistance, and so forth.
In 1987 Mike technically anticipated and caught the Crash. It was then that he decided to develop his structural momentum tools into a full analytic methodology.
In 1992 the Financial VP and head of Wachovia Bank's Trust Department asked Mike to provide soft dollar research to Wachovia. Within a year, Mike shifted from brokerage to full-time technical research. He is also the author of The New Libertarianism: Anarcho-Capitalism.
Michael Oliver -
Website - https://www.olivermsa.com/
Twitter - https://twitter.com/Oliver_MSA
WTFinance -
Spotify - https://open.spotify.com/show/67rpmjG92PNBW0doLyPvfn
iTunes -https://podcasts.apple.com/us/podcast/wtfinance/id1554934665?uo=4
Linkedin - https://www.linkedin.com/in/anthony-fatseas-761066103/
Twitter - https://twitter.com/AnthonyFatseas
Interview Recorded - 7th of October 2022
On todays episode of the WTFinance I had the pleasure of speaking with Steve Ward, a high-performance coach who has worked with Finance professionals for 20 years.
During our interview we talked about what is high performance, coming up with a plan to improving trading, how to prevent blowouts while trading and the importance on working on the mental side of things. I hope you enjoy!
0:00 - Introduction
0:28 - What is high performance?
2:55 - Are there any similarities or differences between finance professionals and athletes?
6:35 - Everyone is unique
8:05 - How to come up with a plan to improve?
11:25 - Consistent challenges high performers experience?
14:35 - Managing challenging periods
16:15 - Preventing blowouts while trading
20:38 - Managing uncomfortable emotions while trading
23:10 - Working on enhancing your own performance while trading
26:15 - The importance of health on high performance and too much coffee?
30:52 - What value can using a trading journal add to performance?
36:22 - One message to take away from our interview?
Steve is passionate about enhancing performance for people operating in high stakes, high pressure environments, and has over 25 years of teaching, coaching and training experience.
He specialises in working with traders, fund managers and markets and banking professionals across asset class and experience levels, at banks, funds, commodities trading houses, energy companies, utilities and proprietary trading groups across the globe, helping them to improve their decision making, risk taking, and ability to achieve and sustain high performance.
Prior to starting his work with within the markets and banking sectors Steve provided sports psychology coaching to elite athletes and teams in over thirty different sports across the globe, with a particular interest in extreme, action, endurance and adventure sports; and he has also provided psychological coaching for professional poker players.
His work is focused on delivering evidence-based practical strategies and tactics, drawn from the world’s of elite performance, psychology, behavioural science, neuroscience, decision science, and human physiology; and is delivered through a range of interventions including workshops, training programs, 1-1 coaching, speaking engagements, off-sites, research projects and assessments and testing.
He is the author of ‘Bulletproof Trader’,’TraderMind’, ‘High Performance Trading’, ‘Sports Betting To Win’, and co-author of ‘The Traders Mind Journal’.
Steve Ward -
Website - https://performanceedgeconsulting.co.uk/
LinkedIn - https://www.linkedin.com/in/steve-ward-32781622/
Books -
High Performance Trading - https://amzn.to/3rWaKCR
TraderMind - https://amzn.to/3yFSh1j
BulletProof Trader - https://amzn.to/3EHvJkn
WTFinance -
Spotify - https://open.spotify.com/show/67rpmjG92PNBW0doLyPvfn
iTunes -https://podcasts.apple.com/us/podcast/wtfinance/id1554934665?uo=4
Linkedin - https://www.linkedin.com/in/anthony-fatseas-761066103/
Twitter - https://twitter.com/AnthonyFatseas
Interview recorded - 06/10/2022
On todays episode of the WTFinance podcast I had the pleasure of speaking with David Hunter, a contrarian macro strategist with 49 years of experience on Wall Street.
During our interview we spoke about David's overview of the market, why the market has bottomed, whether the S&P could hit 6,000 in 12 months and how all the market will then crash afterwards. I hope you enjoy!
0:00 - Introductions
1:25 - David’s overview of the market
4:20 - Would a catalyst make David bearish?
6:45 - The FED will not be the bullish story
15:00 - Potential short squeeze
17:15 - What will be the turning point for the top?
19:35 - What will the secular shift be?
26:12 - Challenge when bonds pay 6% return
29:00 - What level will the S&P be?
32:00 - Could the US and other governments ban the ownership of precious metals?
35:00 - One message to takeaway from our conversation?
Investment professional with 25 years of investment management experience and 20 years as a sell-side strategist with strong expertise in macroeconomic analysis and portfolio management. My strong macro capabilities combined with a contrarian philosophy have allowed me to forecast economic cycles and spot market trends well ahead of the consensus. Intellectually honest, independent thinker comfortable with charting a course apart from the crowd. Accomplished stock picker and value-oriented portfolio manager.
David Hunter -
Twitter - https://twitter.com/DaveHcontrarian
LinkedIn - https://www.linkedin.com/in/david-hunter-668ba015/
WTFinance -
Spotify - https://open.spotify.com/show/67rpmjG92PNBW0doLyPvfn
iTunes -https://podcasts.apple.com/us/podcast/wtfinance/id1554934665?uo=4
Linkedin - https://www.linkedin.com/in/anthony-fatseas-761066103/
Twitter - https://twitter.com/AnthonyFatseas
Thumbnail from - https://coingape.com/web-stories/the-opposite-of-a-bear-is-bull-market/
Interview recorded - 06/10/2022
On todays episode of the WTFinance podcast I had the pleasure of speaking with Grant Williams, an experienced investor who is the author of the Newsletter Things That Make You GO Hmmmmm and Co-Founder of the Real Vision Group.
On the podcast we talked about the future secular trends we may experience, why governments will continue to take the easy way out, how this will lead to destruction of unproductive value and the potential for commodity backed reserve currency from BRICS. I hope you enjoy!
0:00 - Introduction
1:00 - Will we be changing secular trend?
2:50 - Will governments continue to take the easy way out?
7:15 - Losing faith in government bond markets?
10:23 - What will the future bring?
12:00 - Challenge with predicting collapse of the current system
14:00 - Government protecting pension funds
16:00 - More conflict between east vs west?
19:10 - Commodities-backed reserve countries led by BRICS?
23:20 - Will the West sanction a BRICS backed commodity/system and make those countries uninvestable?
25:55 - Will manufacturing and traditional value investing benefit from this future change?
29:10 - Wealth divide?
32:10 - Could crypto suffer in this environment?
34:10 - One message to take away from our conversation?
Grant Williams, much to his dismay, has logged over 35 years in finance. During that time, he’s lived and worked in seven major financial centres from London to Sydney, building the kind of network that many others can only dream about.
He began his career in the Japanese equity market in the mid-1980s, before a three-year posting to Tokyo ensured he had a ringside seat as the twin bubbles in equities and real estate burst simultaneously and spectacularly at the end of 1989. After a short stint back in London, Grant relocated once again, this time to New York, where he spent 7 years. Subsequent postings have taken him to Hong Kong, Sydney, Singapore, and the Cayman Islands.
Currently, he is a senior advisor to Matterhorn Asset Management AG in Switzerland, and a portfolio and strategy advisor to Vulpes Investment Management in Singapore.
Back in 2014, Grant’s ambition to bring the most intelligent, engaging, and original people in finance to a wider audience led him to co-found Real Vision, an on-demand internet-based financial media platform.
Grant’s twin Real Vision interview series, In Conversation With… and On The Road raised the bar for financial content – engaging and educating viewers in equal measure and helping them learn the secrets behind a group of extraordinary investors’ success.
Long before Real Vision, however, Grant was guiding people around the fringes of finance with his regular newsletter, [Things That Make You Go Hmmm…], a publication which, from humble beginnings as a daily note to a few friends and colleagues, has grown into one of the most widely-read financial publications in the world.
Grant Williams -
Website - https://www.grant-williams.com/
Twitter - https://twitter.com/ttmygh
WTFinance -
Instagram - https://www.instagram.com/wtfinancee/
Spotify - https://open.spotify.com/show/67rpmjG92PNBW0doLyPvfn
TikTok - https://vm.tiktok.com/ZMeUjj9xV/
iTunes - https://podcasts.apple.com/us/podcast/wtfinance/id1554934665?uo=4
Linkedin - https://www.linkedin.com/in/anthony-fatseas-761066103/
Twitter - [https://twitter.com/AnthonyFatseas](https://twitter.
Interview Recorded on - 04/10/2022
On todays episode of the WTFinance podcast I had the pleasure of speaking with Jim Rogers, an absolute legend in the investing world and well known as being the co-founder of the Quantum Fund with George Soros.
During the interview we talk about if the markets are really as bad as we have seen, whether we could experience the worst recession in a century, weakest link in assets and potential opportunities to be aware of. I hope you enjoy!
0:00 - Introduction
0:30 - Key indicators that Jim searches for when looking for a great investment opportunity?
1:39 - Any asset classes that look interesting?
2:50 - Are we heading towards a disaster?
3:47 - How will we know when the disaster has come?
4:30 - Any similarities between today and other periods?
5:20 - Weakest link in assets?
6:00 - The macro outlook as bad as it seems?
7:03 - Governments making financial mistakes
7:55 - Any markets which are underrated?
9:30 - Greatest mistakes you see both professional and beginner investors make?
11:35 - Risk management
12:44 - Will the next crisis be worse than 2008?
13:40 - Similar inflation as after World War 2?
15:20 - One message to take away from the interview?
James Beeland Rogers Jr. is an American investor and financial commentator based in Singapore. Rogers is the chairman of Beeland Interests, Inc. He was the co-founder of the Quantum Fund and Soros Fund Management. He was also the creator of the Rogers International Commodities Index.
Jim Rogers -
Website - https://www.jimrogers.com/
Twitter - https://mobile.twitter.com/iamjimrogers
Interview recorded - 30/09/2022
Buy book - https://amzn.to/3SvJO8R
On todays episode of the WTFinance podcast I had the pleasure of speaking with Duncan Mavin, former Journalist for The Wall Street Journal and Dow Jones, and author of the recently released book “The Pyramid of Lies - Lex Greensill and the Billion-Dollar Scandal”
During our conversation we talked about what is Supply Chain Financing, Who was Lex Greensill, how the company collapsed and the fallout. I hope you enjoy!
0:00 - Introduction
0:26 - Influence for writing the book?
1:32 - What is Supply Chain Financing (SCF)?
3:46 - Lex Greensill’s obsession with SCF
6:50 - Empire building and always looking for the next sale
8:09 - Investing in the idea or the person?
11:30 - Why did the company and business idea not work?
16:20 - Acquiring a bank
17:45 - Was Sanjeev Gupta a perfect example of the average Greensill customer?
21:00 - Was Covid the main reason for the collapse?
24:40 - What was the fallout from the Greensill collapse?
27:48 - Contracts for not “potential” contracts
30:22 - Consistent trends with other frauds
34:45 - Higher pay at Greensill
36:36 - One message from the interview?
Duncan Mavin is a seasoned international financial journalist and author of the critically acclaimed The Pyramid of Lies: Lex Greensill and the Multi-Billion Dollar Scandal.
Born and raised near Newcastle, he studied history at Durham University and spent a decade as a chartered accountant in the City and in Toronto.
He then became a financial reporter and foreign correspondent for Canada’s National Post. Since 2009, he has been a reporter and editor for Dow Jones publications including the Wall Street Journal, based in Hong Kong, London and New York. Duncan wrote and edited the Journal’s influential Heard on the Street column for several years, and was the Journal’s Financial Editor for Europe, the Middle East and Africa. He was also the Managing Editor for Barron’s Group. He has also contributed to podcasts and radio and many live events. His writing has also appeared in Barron’s, Financial News and on Bloomberg News.
He lives with his wife and three sons in the UK, and is a long-suffering fan of Sunderland football club.
Duncan Mavin -
LinkedIn - https://www.linkedin.com/in/duncan-mavin-6499923/?originalSubdomain=uk
Twitter - https://twitter.com/dumav?ref_src=twsrc%5Egoogle%7Ctwcamp%5Eserp%7Ctwgr%5Eauthor
WTFinance -
Instagram - https://www.instagram.com/wtfinancee/
Spotify - https://open.spotify.com/show/67rpmjG92PNBW0doLyPvfn
TikTok - https://vm.tiktok.com/ZMeUjj9xV/
iTunes - https://podcasts.apple.com/us/podcast/wtfinance/id1554934665?uo=4
Linkedin - https://www.linkedin.com/in/anthony-fatseas-761066103/
Twitter - https://twitter.com/AnthonyFatseas
Interview recorded - 27/09/2022
Research - https://intelligencequarterly.com/
On todays episode of the WTFinance podcast I had the pleasure of speaking with @Steven Van Metre , an educator and influencer in the macro investing world with more than 20 years of experience in the financial services industry, including the design and management of macro strategies.
Throughout our conversation we talked about if the markets are really as bad as they are saying, how business failures will impact the banks, what is the weakest link in the market and whether we will see a 2008 round two. I hope you enjoy!
0:00 - Introduction
0:27 - Is it as bad as it looks?
2:09 - Why is there a dollar shortage?
5:04 - Dollar Shortage?
6:47 - Selling assets for liquidity
11:20 - Electricity prices in UK & Europe
12:28 - How will business failures impact banks?
14:45 - Inflation a lagging indicator
16:28 - Will the dollar continue to rise and spiral out of control?
18:40 - What is the weakest link in the market?
21:15 - Domino effect in the market?
24:38 - FED trying to build trust
27:09 - Secular macro trends leading to inflation in the long term?
29:10 - 2008 round 2?
29:39 - Lessons Steven has learnt from his career?
31:12 - One message to takeaway from our interview?
Steven Van Metre, CFP® is the President of Steven Van Metre Financial. He has more than 20 years of experience in the financial services industry, including the design and management of macro strategies.
Steven is an educator and influencer in the macro investing world. More than 70,000 fans across the globe follow his YouTube show to hear Steven’s thoughts on the global economy, monetary policy, and the markets. He is regularly featured on Real Vision as well as numerous other financial shows and podcasts.
In the summer of 2015, Steven invented Portfolio Shield™, a long U.S.-equity strategy with a unique hedging mechanism to control risk during volatile and Bear markets. Dubbed the “Bond King” by fans, he also manages a long-only macro fund based on his deflationary macro thesis.
Momentum Timer Pro™ is also a creation of Steve’s. It is a daily report that identifies momentum signals on 73 U.S. Exchange-Traded Funds, 18 Australian Exchanged-Traded Funds, and 27 Canadian Exchange-Traded Funds. It is based on proprietary momentum signals and is distributed to more than 18,000 subscribers every day.
Steven Van Metre -
Website - https://stevenvanmetre.com/
Twitter - https://twitter.com/MetreSteven?ref_src=twsrc%5Egoogle%7Ctwcamp%5Eserp%7Ctwgr%5Eauthor
WTFinance -
Instagram - https://www.instagram.com/wtfinancee/
Spotify - https://open.spotify.com/show/67rpmjG92PNBW0doLyPvfn
TikTok - https://vm.tiktok.com/ZMeUjj9xV/
iTunes - https://podcasts.apple.com/us/podcast/wtfinance/id1554934665?uo=4
Linkedin - https://www.linkedin.com/in/anthony-fatseas-761066103/
Twitter - https://twitter.com/AnthonyFatseas
Thumbnail image from - https://www.techrepublic.com/article/will-recession-interest-budgeting/
Interview Recorded - 24/09/2022
On todays episode of the WTFinance podcast I had the pleasure of speaking with Alexander Stahel - the founder and chief investment officer of Switzerland-based commodity investment firm Burggraben Holding AG.
During our conversation we talked about the current electricity landscape throughout Europe, how the market works, whether Europe will have enough energy for the winter and long term risks. I hope you enjoy!
0:00 - Introduction
0:28 - Outline about the Electricity landscape throughout Europe?
2:35 - Interconnectivity of European electricity markets
8:36 - Volatility of electricity market?
19:15 - Crisis of confidence in nuclear
24:25 - Will Europe have enough electricity for winter?
31:00 - Electricity shortage vs blackout
37:40 - Examples of long blackouts (Texas, California)
38:39 - 50% chance of a long-term blackout in continental Europe
39:40 - Risks throughout the electricity markets in Europe?
47:16 - Challenges with overreliance on intermittent electricity production
52:30 - Shorter term solutions?
59:50 - Germany’s performance transitioning from nuclear
Alexander Stahel is a value investor specialising in commodities, specifically energy & metals. He is the Founder and Chief Investment Officer at Burggraben Holding AG, a value investor in public and private companies.
He has spent several decades researching and investing in commodities all over the world. Prior to founding BGH, he was a private equity investor for infrastructure and energy assets at Babcock & Brown, an international investment and specialised fund and management group.
He was also an Associate Director of Corporate Finance and M&A Advisory at SBC Warburg.
"The whole secret of investment is to find places where it’s safe and wise to non-diversify. It’s just that simple. Diversification is for the know-nothing investor; it’s not for the professional."
Alexander Stahel -
Twitter Thread - https://twitter.com/BurggrabenH/status/1567929340737863680
Website - http://www.burggraben.ch/
Twitter - https://twitter.com/BurggrabenH
LinkedIn - https://www.linkedin.com/in/alexander-stahel-977ba0142/
WTFinance -
Instagram - https://www.instagram.com/wtfinancee/
Spotify - https://open.spotify.com/show/67rpmjG92PNBW0doLyPvfn
TikTok - https://vm.tiktok.com/ZMeUjj9xV/
iTunes - https://podcasts.apple.com/us/podcast/wtfinance/id1554934665?uo=4
Linkedin - https://www.linkedin.com/in/anthony-fatseas-761066103/
Twitter - https://twitter.com/AnthonyFatseas
Thumbnail photo - https://theconversation.com/energy-crisis-how-the-eu-hopes-to-tackle-high-
Buy the book here - https://amzn.to/3LlBu8V
On todays episode of the WTFinance podcast I had the pleasure of speaking with Manoj Pradhan - The Founder of Talking Heads Macroeconomics, an independent research firm and co-author of the bestseller “The Great Demographic Reversal”.
During the podcast we talked about the main thesis Manoj has about demographics, why a high dependency rate creates inflation, the Japanese exception and misconceptions people have. I hope you enjoy!
0:00 - Introduction
0:30 - When did Manoj start studying demographics and understand its importance?
2:00 - Surprised about how much research about demography?
4:50 - Main thesis behind the book?
6:30 - Why is having a high dependency rate in an economy inflationary?
10:41 - Was Volcker and the FED given too much credit for taming inflation in the 80’s?
12:20 - How can countries overcome high debt and weakening demography?
16:15 - Why Japan is an exception
18:30 - What happens to the countries who can provide QE?
20:50 - What impact will this trend have on markets?
24:05 - Shift between an emphasis on capital to an emphasis on labour
25:50 - Why will India & Africa not be enough to replace China as the manufacturer of the world?
27:09 - Misconceptions about demography?
28:45 - Anything that could change Manoj thesis?
30:22 - One message to take away from the book?
Manoj Pradhan is Chief Economist at the independent macroeconomic research firm Talking Heads, which he founded in 2016, analyzing global macroeconomic issues and financial markets.
He was previously Managing Director at Morgan Stanley where he led the Global economics team. Prior to joining Morgan Stanley in 2005, he served on the faculty of George Washington University and the State University of New York. He has a Ph.D. in economics from George Washington University and a Masters in Finance from the London Business School.
Manoj Pradhan -
Website - https://talkingheadsmacro.com/thm/
LinkedIn - https://www.linkedin.com/in/manoj-pradhan-437966
WTFinance -
Instagram - https://www.instagram.com/wtfinancee/
Spotify - https://open.spotify.com/show/67rpmjG92PNBW0doLyPvfn
TikTok - https://vm.tiktok.com/ZMeUjj9xV/
iTunes - https://podcasts.apple.com/us/podcast/wtfinance/id1554934665?uo=4
Linkedin - https://www.linkedin.com/in/anthony-fatseas-761066103/
Twitter - https://twitter.com/AnthonyFatseas
Thumbnail picture from - https://allegiancegold.com/retirement-losing-value-with-weakening-dollar/
Interview recorded - 2nd of September 2022
On todays episode of the WTFinance podcast I had the privilege of speaking with Erik @esInvests - Self Made Millionaire and Investing & Trading Youtuber.
During the interview we spoke about the importance of consistency, how beginners can get into options trading, misconceptions about the market and current thoughts about the Macroeconomic environment. I hope you enjoy!
0:00 - Introduction
0:21 - Erik’s background?
4:15 - Any certain asset class or derivatives that Erik trades and how has that evolved throughout his career?
6:35 - Where does Erik’s trade ideas come from?
9:20 - Yearly and monthly goals?
12:45 - The importance of consistency
15:00 - Trades in core and speculative portfolios?
17:40 - High liquidity in option markets
22:00 - What is a covered strangled?
25:30 - How beginners can get into options trading?
30:00 - Misconceptions about derivatives and options?
34:15 - Current macroeconomic trends Erik is analysing?
40:35 - Waiting for a trough?
42:00 - Any unique opportunities in the market?
47:10 - One message to take away from our conversation?
Erik didn't come from money and had a single mom that worked 2 jobs to provide for himself and his brother. He says he is nothing special, yet he is a self-made millionaire. Erik is a Marine veteran, information activist, derivatives trader (15+ years), and investor.
His 3 Goals :
1. Share Knowledge. Share his experience without the typical finance bs. From investing basics, to options trading, portfolio management, and stock market updates.
2. Develop Community. Lead the Outlier Community committed to HELPING one another grow
3. Connect Resources. Bring in experts from different fields to share their experience
Erik -
YouTube - https://www.youtube.com/c/esInvests/featured
Blog - https://www.esinvests.com/
Twitter - https://twitter.com/esInvests
WTFinance -
Instagram - https://www.instagram.com/wtfinancee/
Spotify - https://open.spotify.com/show/67rpmjG92PNBW0doLyPvfn
TikTok - https://vm.tiktok.com/ZMeUjj9xV/
iTunes - https://podcasts.apple.com/us/podcast/wtfinance/id1554934665?uo=4
Linkedin - https://www.linkedin.com/in/anthony-fatseas-761066103/
Twitter - https://twitter.com/AnthonyFatseas
Thumbnail Picture - https://time.com/nextadvisor/investing/cryptocurrency/dollar-cost-averaging-crypto-investing/
Interview recorded - 13/09/2022
On todays episode of the WTFinance podcast I had the pleasure of speaking with David Woo Unbound - A former top ranked Wall Street strategist, IMF economist & Founder of Unbound - a global forum devoted to the promotion of fact-based debates about markets, politics, and economics.
During our conversation we talked about the process behind out-of-consensus predictions, how the market has changed forever, what predictions David has the most conviction about and the importance of investing based on the facts. I hope you enjoy!
0:00 - Introduction
0:25 - David’s thought process behind out-of-consensus predictions?
5:44 - Not just about being right, but how markets move
10:55 - How has the market changed over David’s career?
16:10 - What predictions does David have the most conviction on?
25:21 - Will markets (i.e. bonds & other assets) start acting as they should be in such economic conditions
31:33 - Going away from practical to ideological actions
36:31 - Goal for Unbound?
39:00 - Message to take away from the interview?
40:20 - Where can you find David?
David Woo is the Founder/CEO of David Woo Unbound, a new global forum devoted to promoting fact-based debates about markets, politics and economics.
Until 2021, David was the Head of Global Rates, Foreign Exchange, and Emerging Market Fixed Income Strategy & Economic Research at Bank of America, where he managed the top ranked global macro strategy team on Wall Street. Previously, David was the Head of Global Currency Strategy at Barclays Capital and the Head of Local Markets Strategy for Central and Eastern Europe, Middle East and Africa at Citigroup.
David is known on Wall Street for his bold and out-of-consensus calls that includes the RMB devaluation in 2015 and Trump’s victory in 2016. He was also the first Wall Street analyst to initiate coverage on Bitcoin in 2013. Business Insider voted David as one of the 12 smartest people on Wall Street in 2016 and Bloomberg calls him one of the “most outspoken voice on Wall Street."
David started his career at the International Monetary Fund in Washington D.C.. He received his Ph.D in Economics from Columbia University.
David Woo -
Website - https://www.davidwoounbound.com/
Twitter - https://twitter.com/Davidwoounbound
Youtube - https://www.youtube.com/c/DavidWooUnbound
LinkedIn - https://www.linkedin.com/in/david-woo-1479a492/?originalSubdomain=il
WTFinance -
Instagram - https://www.instagram.com/wtfinancee/
Spotify - https://open.spotify.com/show/67rpmjG92PNBW0doLyPvfn
TikTok - https://vm.tiktok.com/ZMeUjj9xV/
iTunes - https://podcasts.apple.com/us/podcast/wtfinance/id1554934665?uo=4
Linkedin - https://www.linkedin.com/in/anthony-fatseas-761066103/
Twitter - https://twitter.com/AnthonyFatseas
Interview Recorded - 06/09/2022
On todays episode of the WTFinance podcast I had the pleasure speaking with Jeff Snider - Co-host of the Eurodollar University podcast, Chief Strategist at Atlas Financial and one of the foremost experts on the global monetary system.
During the episode we talked about misconceptions most have about the monetary system, why central banks do not make money, the Eurodollar system and what Jeff would do if he became Fed Chair. I hope you enjoy!
0:00 - Introduction
0:25 - Misconceptions about the global monetary system?
3:16 - Complexity has made it impossible to understand
5:30 - Why Central Banks do not make money
8:40 - Why 2008 was different to other banking crises?
10:12 - Swift helping Eurodollar system
11:57 - More money owed than exists
15:40 - How economists see the Eurodollar system
19:50 - What has this led to?
21:37 - Have central banks increased liquidity?
24:30 - Courage to act
31:15 - Inelasticity of money
33:30 - Are central banks making the right decision?
37:40 - Inflation in energy and food
38:45 - What would Jeff do if he became the Fed Chair?
42:25 - Would a Digital Dollar fix the issue?
45:35 - Inelasticity of Bitcoin and some cryptos
46:35 - One message to takeaway from our interview?
Jeff Snider is one of the foremost experts on the global monetary system, specifically the Eurodollar money system, and all aspects of its misunderstood inner workings and how they impact global markets, commerce, and economy.
His podcast - Eurodollar University - aims to educate the public on the evolution and nature, and nuances of the Eurodollar system and true monetary principles.
Jeff Snider -
Twitter - https://twitter.com/JeffSnider_AIP
Instagram - https://www.instagram.com/eurodollaruniversity/
LinkedIn - https://www.linkedin.com/in/jeffreypsnider/
Eurodollar University Podcast -
Website - https://www.eurodollar.university/
YouTube - https://www.youtube.com/c/EmilKalinowski
WTFinance -
Instagram - https://www.instagram.com/wtfinancee/
Spotify - https://open.spotify.com/show/67rpmjG92PNBW0doLyPvfn
TikTok - https://vm.tiktok.com/ZMeUjj9xV/
iTunes - https://podcasts.apple.com/us/podcast/wtfinance/id1554934665?uo=4
Linkedin - https://www.linkedin.com/in/anthony-fatseas-761066103/
Twitter - https://twitter.com/AnthonyFatseas
Interview recorded - 1st of September, 2022
On todays episode of the WTFinance podcast I had the pleasure of speaking the Billionaire David Rubenstein, Co-Founder and Co-Chairman of The Carlyle Group, one of the world’s largest and most successful private investment firms, host of The David Rubenstein Show: Peer-to-Peer Conversations and author of the upcoming book “How to Invest: Masters on the Craft” releasing in a few weeks on the 13th of September.
Buy the book here - https://amzn.to/3B8fFGj
During our interview we talking about David's career, important traits/skills of investing experts, the importance of living to fight another day and exciting asset classes to watch out for. I hope you enjoy!
0:00 - Introduction
1:17 - Why did it take so long to write an investing book?
2:10 - Why mainly US Investors?
2:42 - What motivates David to continue to interview people?
3:58 - Importance of sharing Investment knowledge
4:50 - Cost of capital creating opportunities
6:00 - Important traits/skills of investing experts?
7:30 - Targeting new, exciting areas of investing for opportunities
8:15 - The importance of consistency in investing
8:55 - Don’t worry about missing out on opportunities
9:49 - Live to fight another day
10:07 - What attracts people to alternative investments?
11:11 - Success of alternative businesses
11:35 - Increase in longer term investing
12:39 - avoiding fees
13:12 - Any new asset class that stands out to David?
14:00 - Financialisation of asset classes
15:00 - Losing money on investment speculating
15:46 - Anyone who left a last impression on David?
16:47 - Focus on ESG now?
17:53 - One message from our interview/book?
David M. Rubenstein is Co-Founder and Co-Chairman of The Carlyle Group, one of the world’s largest and most successful private investment firms. Established in 1987, Carlyle now manages $325 billion from 26 offices around the world.
Mr. Rubenstein has served as Chairman of the Boards of Duke University and the Smithsonian Institution, and Co-Chairman of the Board of the Brookings Institution.
Mr. Rubenstein is the host of The David Rubenstein Show: Peer-to-Peer Conversations on Bloomberg TV and PBS and Bloomberg Wealth with David Rubenstein on Bloomberg TV; and the author of The American Story: Conversations with Master Historians, a book published by Simon & Schuster in October 2019, How to Lead: Wisdom from the World's Greatest CEOs, Founders, and Game Changers, a book published by Simon & Schuster in September 2020, and The American Experiment: Dialogues on a Dream, a book published by Simon & Schuster in September 2021.
From 1973–1975, Mr. Rubenstein practiced law in New York with Paul, Weiss, Rifkind, Wharton & Garrison. From 1975–1976, he served as Chief Counsel to the U.S. Senate Judiciary Committee’s Subcommittee on Constitutional Amendments. From 1977–1981, during the Carter Administration, Mr. Rubenstein was Deputy Assistant to the President for Domestic Policy. After his White House service and before co-founding Carlyle, Mr. Rubenstein practiced law in Washington with Shaw, Pittman, Potts & Trowbridge (now Pillsbury Winthrop Shaw Pittman).
David Rubenstein -
Website - https://www.davidrubenstein.com/index.html
Twitter - https://twitter.com/DM_Rubenstein
WTFinance -
Instagram - https://www.instagram.com/wtfinancee/
Spotify - https://open.spotify.com/show/67rpmjG92PNBW0doLyPvfn
TikTok - https://vm.tiktok.com/ZMeUjj9xV/
iTunes - https://podcasts.apple.com/us/podcast/wtfinance/id1554934665?uo=4
Linkedin - https://www.linkedin.com/in/anthony-fatseas-761066103/
Twitter - https://twitter.com/AnthonyFatseas
Interview Recorded - 1st of September, 2022
Tradologics - https://tradologics.com/
On todays episode of the WTFinance podcast I interviewed Ran Aroussi - software Programmer, algorithmic trader, and Founder of Tradologics.
During the interview we spoke about the definition of algorithmic trading, giving yourself a statistical advantage, how retail traders can get started with algorithmic trading and misconceptions. I hope you enjoy!
0:00 - Introduction
0:32 - Ran’s Background
4:25 - How would you define algorithmic trading?
6:08 - What are the advantages of algorithmic trading?
8:49 - Scalability of trading
10:04 - High volume of trades with algorithmic trading
11:15 - Giving yourself a statistical advantage
14:09 - How retail traders can get started with algorithmic trading?
17:53 - Any resources for backtesting that people could use?
20:00 - Any misconceptions about algorithmic trading?
21:48 - Are algorithmic traders competing against High Frequency Trading Firms?
24:34 - One message to take away from conversation?
Ran is an entrepreneur, software programmer, algorithmic trader, and a technology geek. He is the founder of Tradologics – a cloud platform for programmatic traders that offers a suite of tools to address every part of the trading business cycle.
Ran lives with his wife of 20 years and four kids in London, UK.
Ran Aroussi -
Twitter - https://twitter.com/aroussi
LinkedIn - https://www.linkedin.com/in/aroussi/
GitHub - https://github.com/ranaroussi
Tradologics - https://tradologics.com/
WTFinance -
Instagram - https://www.instagram.com/wtfinancee/
Spotify - https://open.spotify.com/show/67rpmjG92PNBW0doLyPvfn
TikTok - https://vm.tiktok.com/ZMeUjj9xV/
iTunes - https://podcasts.apple.com/us/podcast/wtfinance/id1554934665?uo=4
Linkedin - https://www.linkedin.com/in/anthony-fatseas-761066103/
Twitter - https://twitter.com/AnthonyFatseas
Recorded - 30/08/2022
On todays episode of the WTFinance podcast I had the opportunity to speak with Michael Gayed, Portfolio manager at Toroso Investments and Publisher of @The Lead-Lag Report .
During the interview we talked about what is happening in the markets, why markets are acting different this time, whether we could see a housing crash and why it may be a good idea to break the market.
I hope you enjoy!
0:00 - Introduction
0:43 - Michael’s opinion on what is happening in the markets
2:27 - Going mad following the markets daily
3:30 - Opinions of what is happening and data to support it?
7:03 - Going back to traditional trends
9:25 - Are we at a late state credit scenario?
10:50 - Lumber and could refinancing in housing markets be effected?
13:26 - Sometimes it is the best idea to collapse an asset class
14:36 - What would need to happen to go risk on?
16:28 - Why have we seen the disconnect from trends and does it matter?
21:40 - Why central banks don’t have an impact on bonds
22:22 - Any positives in the market?
24:40 - Which topics were most enlightening from Lead-Lag Report Podcast?
26:33 - Any other niche’s peaking Michael’s interests?
27:50 - One message from the interview and Michael’s work?
Prior to Toroso Investments, Michael was the Co-Portfolio Manager and Chief Investment Strategist at Pension Partners, LLC, an investment advisor managing mutual funds and separate accounts. He is the author of five award-winning research papers on market anomalies and investing. Michael was an active contributor to MarketWatch for a number of years and has been interviewed on CNBC, Bloomberg, and Fox Business, as well as the Wall Street Journal Live for his unique approach to interpreting market movements.
Michael earned his Bachelor of Science degree with a double major in Finance & Management at NYU Stern School of Business. Michael became a CFA Charterholder in 2008.
Michael Gayed -
Website - https://www.leadlagreport.com/
Twitter - https://twitter.com/leadlagreport
LinkedIn - https://www.linkedin.com/in/michael-a-gayed-cfa/
Instagram - https://www.instagram.com/leadlagreport/
WTFinance -
Instagram - https://www.instagram.com/wtfinancee/
Spotify - https://open.spotify.com/show/67rpmjG92PNBW0doLyPvfn
TikTok - https://vm.tiktok.com/ZMeUjj9xV/
iTunes - https://podcasts.apple.com/us/podcast/wtfinance/id1554934665?uo=4
Linkedin - https://www.linkedin.com/in/anthony-fatseas-761066103/
Twitter - https://twitter.com/AnthonyFatseas
On todays episode of the WTFinance I had the pleasure of speaking with Lukasz Bednarski, Lithium & Battery Materials Expert and author of the book “Lithium - The Global Race for Battery Dominance and the New Energy Revolution”.
Buy the Book Here - https://www.amazon.co.uk/Lithium-Global-Battery-Dominance-Revolution-ebook/dp/B09GKG4VHN/
During the interview we talking about the current state of the Lithium and Battery Materials Market, who are the major players, misconceptions about the Lithium and Battery Industry and the potential for recycling.
I hope you enjoy!
0:00 - Introduction
0:28 - Influence for writing the book?
1:42 - Current state of Lithium and Battery Materials Market
3:14 - Lithium market focusing on future or growth?
4:50 - Who are major players in Lithium & Battery Markets?
7:50 - The Lithium Triangle and key miners in the future
8:51 - Building supply chain in Lithium Triangle
11:29 - Environmentally unfriendly Lithium mining?
12:54 - Misconceptions about Lithium and the battery industry?
14:56 - Greatest risks of the Lithium market?
21:10 - Supply shortage in Lithium in the coming year?
23:00 - Government support after a shock
24:54 - Any other changes need to be made in Lithium Industry?
27:08 - Recycling Battery Materials
29:41 - One message from our interview/book?
Lukasz is a Principal Research Analyst and a member of Global Inorganics- Lithium and Battery Metals Team. He covers battery materials market with particular focus on lithium, graphite, manganese, cathodes and anodes materials.
Lukasz has worked in the commodity sector spanning physical trading, training, product management, and research. Prior to joining, his interest in battery materials led to the development of an independent web portal covering the sector.
In addition to his degree in Economics and Business Administration from Aalborg University, Lukasz has studied financial topics in China, Russia, Germany, and Liechtenstein.
Lukasz Bednarski -
Twitter - https://twitter.com/LithiumResearch
LinkedIn - https://www.linkedin.com/in/lukasz-b-605a995a/
WTFinance -
Instagram - https://www.instagram.com/wtfinancee/
Spotify - https://open.spotify.com/show/67rpmjG92PNBW0doLyPvfn
TikTok - https://vm.tiktok.com/ZMeUjj9xV/
iTunes - https://podcasts.apple.com/us/podcast/wtfinance/id1554934665?uo=4
Linkedin - https://www.linkedin.com/in/anthony-fatseas-761066103/
Twitter - https://twitter.com/AnthonyFatseas
On todays episode of the WTFinance Podcast I had the pleasure of speaking with Ben Hunt, the creator of Epsilon Theory and inspiration behind Second Foundation Partners, which he co-founded with Rusty Guinn in June 2018.
On the podcast we talked about the philosophy behind Epsilon Theory, why investors ignore error, advice Ben received throughout his investment career and greatest investment you can make. I hope you enjoy!
0:00 - Introduction
0:23 - “Burn it the F*ck Down”
2:00 - Why?
4:20 - What is the philosophy behind Epsilon Theory?
8:10 - Why do investors ignore the error/epsilon ?
13:14 - The influence of narratives on markets
20:05 - Do most people see through the narratives?
25:20 - Issues predicting the collapse of the system
26:57 - Systems evolve or adapt
30:45 - Advice Ben received early in his investing career
33:50 - It is not about being right, it is about making money
34:56 - Growth in wealth vs growth in economy
38:25 - Did Paul Volcker take too much credit for drop in inflation?
39:45 - Why demographic explanations are wanting?
41:55 - What does the increase fiscal and monetary support mean for the economy and markets?
46:20 - How has Ben positioned his portfolio?
50:13 - Message to take away from the interview?
Ben Hunt is the creator of Epsilon Theory and inspiration behind Second Foundation Partners, which he co-founded with Rusty Guinn in June 2018.
Epsilon Theory, Second Foundation’s principal publishing brand, is a newsletter and website that examines markets through the lenses of game theory and history. Over 100,000 professional investors and allocators across 180 countries read Epsilon Theory for its fresh perspective and novel insights into market dynamics. As Chief Investment Officer, Ben bears primary responsibility for determining the Company’s investment views and positioning of model portfolios. He is also the primary author of materials distributed through Epsilon Theory.
Ben taught political science for 10 years: at New York University from 1991 until 1997 and (with tenure) at Southern Methodist University from 1997 until 2000. He also wrote two academic books: Getting to War (Univ. of Michigan Press, 1997) and Policy and Party Competition (Routledge, 1992), which he co-authored with Michael Laver. Ben is the founder of two technology companies and the co-founder of SmartEquip, Inc., a software company for the construction equipment industry that provides intelligent schematics and parts diagrams to facilitate e-commerce in spare parts.
He began his investment career in 2003, first in venture capital and subsequently on two long/short equity hedge funds. He worked at Iridian Asset Management from 2006 until 2011 and TIG Advisors from 2012 until 2013. He joined Rusty at Salient in 2013, where he combined his background as a portfolio manager, risk manager, and entrepreneur with academic experience in game theory and econometrics to work with Salient’s own portfolio managers and its financial advisor clients to improve client outcomes.
Ben Hunt -
Epsilon Theory - https://www.epsilontheory.com/
Twitter - https://twitter.com/EpsilonTheory
LinkedIn - https://www.linkedin.com/in/bhunt/
WTFinance -
Instagram - https://www.instagram.com/wtfinancee/
Spotify - https://open.spotify.com/show/67rpmjG92PNBW0doLyPvfn
TikTok - https://vm.tiktok.com/ZMeUjj9xV/
iTunes - https://podcasts.apple.com/us/podcast/wtfinance/id1554934665?uo=4
Linkedin - https://www.linkedin.com/in/anthony-fatseas-761066103/
Twitter - https://twitter.com/AnthonyFatseas
On todays episode of the WTFinance podcast I had the pleasure of speaking with Gwen Preston, Founder of @The Resource Maven and expert of the commodities markets.
During the podcast we talked about an outline of the commodity markets, how China slowdown may be changing the commodity market, which commodities are underrated and red flags to be aware of when investing. I hope you enjoy!
Interview recorded - 11th of August, 2022
0:00 - Introduction
0:20 - Outline of Commodities market
5:00 - Looking too far ahead for commodities?
7:30 - Slowdown in China and shift away
10:17 - Major investment in commodities after shock
12:30 - Commodity countries will benefit
13:05 - What commodities are underrated
18:28 - FED pivoting?
21:40 - Key indicators Gwen is watching?
25:30 - Current price action in Copper
27:14 - How Gwen has positioned her portfolio?
30:10 - Exposure through stocks?
31:30 - What do you look at in a stock?
34:55 - Red flags for companies?
38:03 - One message to take away from our interview?
38:58 - Resource Mavern
Gwen knows mining and exploration. As a senior writer with The Northern Miner, Gwen spent years visiting projects and interviewing geologists, management teams, and analysts to understand which projects and pieces of news mattered and why. In the midst of that, she spent two years working with Marin Katusa of Casey Research, where she learned about capital markets and the newsletter business.
She now has a deep base of knowledge and a network of contacts across the sector, exactly what is needed for successful resource investing.
Resource Maven offers full exposure to Gwen’s search for resource stocks with real potential. The search incorporates all the factors that play into a company’s odds of success:
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The markets. Gwen launched Resource Maven in late 2014 for a reason: the best time to invest is at the bottom and the metals markets are there. The pending bull cycle will offer a rare opportunity to multiply money as demand bests supply for many metals, prices climb, and investors return to the very real resource market.
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Geology. Before all else, a project has to offer prospective geology. With a background in chemistry and many years on the job, Gwen understands the basics of geology. When the talk gets too technical, she has a list of experienced geologists she is lucky to call friends who help her understand and assess.
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Location. Politics, fiscal regimes, social considerations, and infrastructure can make or break a project. Understanding these issues is essential in selecting resource investments with real potential.
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Money. Raising money for exploration is not easy; finding funds to build a mine is even harder. Success depends on the right kind of promotion, tight financial management, strong negotiating skills, and above all else retaining a focus on building shareholder value. It is here that the people running a company really matter.
Gwen Preston -
Website - https://resourcemaven.ca/
LinkedIn - https://www.linkedin.com/in/gwen-preston/
Twitter - https://twitter.com/miningmavengwen?
YouTube - https://www.youtube.com/channel/UCjHtT-BWGrCJIwEymKADYgQ?view_as=subscriber
WTFinance -
Instagram - https://www.instagram.com/wtfinancee/
Spotify - https://open.spotify.com/show/67rpmjG92PNBW0doLyPvfn
TikTok - https://vm.tiktok.com/ZMeUjj9xV/
iTunes - https://podcasts.apple.com/us/podcast/wtfinance/id1554934665?uo=4
Linkedin - https://www.linkedin.com/in/anthony-fatseas-761066103/
Twitter - https://twitter.com/AnthonyFatseas
Interview recorded - 2nd of August, 2022
On todays episode of the WTFinance I had the pleasure of speaking with Jón Daníelsson, Reader in Finance, Director of the Systemic Risk Centre at London School of Economics and author of the recently released book “The Illusion of Control: Why Financial Crises Happen, and What We Can (and Can’t) Do About It”.
Buy the book here -
Amazon - https://amzn.eu/d/4TdNJCf
Independent - https://uk.bookshop.org/books/the-illusion-of-control-why-financial-crises-happen-and-what-we-can-and-can-t-do-about-it/9780300234817
On the podcast we talked about what is systemic risk, why financial crises occur, what causes them and changes that should be made in the future. I hope you enjoy!
0:00 - Introduction
0:27 - Jon’s influence for writing the book?
1:04 - What is systemic risk?
1:40 - More systemic risk in financial markets?
2:39 - Extreme cases in UK and Iceland
3:48 - Major factors that increase systemic risk?
5:58 - Fools game for Central Bankers and Policy Makers?
7:30 - What would the intelligent strategies for regulating financial markets?
9:30 - How can Central Bankers and Policy Makers reduce Risk?
11:25 - Taking away liquidity with high public and private debt?
13:33 - Banks create money
16:50 - Central Bank Time lag between decisions
20:40 - How will the change occur?
25:24 - Balance between protecting consumers and allowing innovation
27:34 - Too Big to Fail Banks
29:17 - Diversifying the landscape of banking and finance
30:28 - Any similarities between today and 2008?
31:38 - Credit Suisse having issues recently
33:10 - The struggle managing massive companies
Jón Daníelsson is director of the ESRC funded Systemic Risk Centre at the London School of Economics
Jón received his PhD in economics from Duke University, where his dissertation focussed on stochastic volatility. His research interests include systemic risk, financial risk forecasting and financial regulations.
Jón has written two books, Financial Risk Forecasting and Global Financial Systems: Stability and Risk and published a number of articles in leading academic journals.
Jón Daníelsson -
Website - https://modelsandrisk.org/
LinkedIn - https://www.linkedin.com/in/jon-danielsson
Twitter - https://twitter.com/jondanielsson?s=21&t=KugDbCWdW9Cco3SBQ7NpuQ
WTFinance -
Instagram - https://www.instagram.com/wtfinancee/
Spotify - https://open.spotify.com/show/67rpmjG92PNBW0doLyPvfn
TikTok - https://vm.tiktok.com/ZMeUjj9xV/
iTunes - https://podcasts.apple.com/us/podcast/wtfinance/id1554934665?uo=4
Linkedin - https://www.linkedin.com/in/anthony-fatseas-761066103/
Twitter - https://twitter.com/AnthonyFatseas
Interview recorded - 1st of August, 2022
On todays episode of the interview I had the pleasure of speaking with Srivatsan Prakash - Host of Market Champions Podcast, Analyst at Simplify ETF & Future Macro Expert.
On the podcast we talked about whether we could see a recession, what would happen if the FED pivots, whether the markets have priced in monetary policy and which Macro experts you should follow. I hope you enjoy!
0:00 - Introduction
0:55 - Are we in a recession?
4:20 - Mixed signals from data (some positive & some negative)
9:00 - Switch from spending on durables to services
9:33 - Could we see deflation from a drop in consumption?
13:00 - What happens if FED pivots?
15:50 - Long-term cyclical macro trends leading to continued inflation?
20:35 - Strong demographic countries picking up the slack
23:20 - De-globalisation take as long as globalisation?
25:30 - Have markets priced in slow downs?
30:00 - Any other macro trends watching?
31:33 - High index concentration may reduce downside?
32:30 - Stock-based concentration hiding operation margins
35:25 - ARKK and other high risk funds holding up company prices
37:48 - What could be the inflexion point?
42:40 - What Macro experts would Sri recommend you watch?
44:10 - Greatest piece of macro advice?
46:50 - One question to take away from interview?
Srivatsan Prakash -
Podcast - https://www.youtube.com/channel/UC3zc51x38Rt_oHdLj7L1NXw
Website - https://marketchampions.us/
LinkedIn - https://www.linkedin.com/in/srivatsprakash/
Twitter - https://twitter.com/SrivatsPrakash?ref_src=twsrc%5Egoogle%7Ctwcamp%5Eserp%7Ctwgr%5Eauthor
WTFinance -
Instagram - https://www.instagram.com/wtfinancee/
Spotify - https://open.spotify.com/show/67rpmjG92PNBW0doLyPvfn
TikTok - https://vm.tiktok.com/ZMeUjj9xV/
iTunes - https://podcasts.apple.com/us/podcast/wtfinance/id1554934665?uo=4
Linkedin - https://www.linkedin.com/in/anthony-fatseas-761066103/
Twitter - https://twitter.com/AnthonyFatseas
On todays episode of the WTFinance I had the pleasure of speaking with @Let's Talk Money! with Joseph Hogue, CFA .
During the interview we talked about learning from personal investment mistakes, similarities between today and the dot.com bubble, whether we could see a recession and how Joseph has positioned his own portfolio.
0:00 - Introduction
0:30 - Joseph’s background
1:40 - The investing bug
3:00 - Learning from personal investment mistakes
4:20 - Similarities between today and the dot.com bubble?
6:00 - Opportunity to take advantage of growth stock drop
8:05 - Could we see a recession?
10:45 - How has Joseph positioned his own portfolio?
13:50 - What indicators are you watching to identify changing trend?
16:30 - If we see interest rates a 5-6%, will FED continue raising?
18:05 - Advice for dealing with volatility?
20:30 - Lessons Joseph has learnt from his investing mistakes
21:50 - How Joseph analyses companies?
24:30 - Red flags for a company?
26:50 - Examples of investments going bad?
27:40 - One message to takeaway from interview?
28:24 - Lets talk money
Born and raised in Iowa, Joseph Hogue graduated from Iowa State University after serving in the Marine Corps. He worked in corporate finance and real estate before starting a career in investment analysis. He has appeared on Bloomberg and CNBC and led a team of equity analysts for a venture capital research firm. He holds a master’s degree in business and the Chartered Financial Analyst (CFA) designation.
Online influencer through YouTube and four web properties, Joseph loves the personal connection he has built with those in the community. Through his channel (Let's Talk Money) and four blogs, Joseph has reached over a million people a month through topics like investing, making money and personal finance.
Joseph Hogue -
Website - https://mystockmarketbasics.com/
YouTube - @Let's Talk Money! with Joseph Hogue, CFA
Twitter - https://twitter.com/stockmarketj
Instagram - https://www.instagram.com/lets_talk_money_josephhogue/?hl=en
LinkedIn - https://www.linkedin.com/in/josephhogueefficientalpha/
WTFinance -
Instagram - https://www.instagram.com/wtfinancee/
Spotify - https://open.spotify.com/show/67rpmjG92PNBW0doLyPvfn
TikTok - https://vm.tiktok.com/ZMeUjj9xV/
iTunes - https://podcasts.apple.com/us/podcast/wtfinance/id1554934665?uo=4
Linkedin - https://www.linkedin.com/in/anthony-fatseas-761066103/
Twitter - https://twitter.com/AnthonyFatseas
On todays episode of the WTFinance I was happy to host @Felix & Friends , experienced investment, Founder of Goat Academy and host of Felix & Friends YouTube page.
On the podcast we talked about Felix's investment background, the challenges retail investors have, trading volatility through options and more! I hope you enjoy.
0:00 - Introduction
0:27 - Felix’s investing background
1:46 - Bad experiences in finance industry
6:10 - When you start investing matters
10:14 - Retail investors over allocating
12:51 - Felix’ strategy to analyse companies
16:30 - Kelly Criterion
18:23 - Felix’ option trading strategy
25:13 - Trading volatility
27:35 - Indicators for a recession and does it effect your strategy?
30:47 - Investing in Asian markets?
34:01 - Liquidity in option trading
35:29 - Greatest mistakes retail investors make?
37:27 - Animal appearance
38:00 - One message to takeaway from interview?
Felix is an economist, banker and lawyer who quit the corporate world to be an entrepreneur and investor. Felix and his furry friends share their 20+ years experience of investing in stocks, private equity, real estate and bonds daily on YouTube. His mission is to help you achieve financial freedom.
Felix -
Youtube - @Felix & Friends
Website - https://goatacademy.org/
Twitter - https://twitter.com/financefelix
LinkedIn - https://www.linkedin.com/in/felix-goat-academy/
WTFinance -
Instagram - https://www.instagram.com/wtfinancee/
Spotify - https://open.spotify.com/show/67rpmjG92PNBW0doLyPvfn
TikTok - https://vm.tiktok.com/ZMeUjj9xV/
iTunes - https://podcasts.apple.com/us/podcast/wtfinance/id1554934665?uo=4
Linkedin - https://www.linkedin.com/in/anthony-fatseas-761066103/
Twitter - https://twitter.com/AnthonyFatseas
On todays episode of the WTFinance podcast I had the pleasure of speaking with Taylor Kuykendall, Energy and Mining Reporter at S&P Global Market Intelligence.
On the podcast we talked about the coal industry, how it has changed over the past 10 years, the future of coal and misconceptions of the market. I hope you enjoy!
0:00 - Introduction
0:24 - How has the coal industry changed over the 10 or so years?
4:00 - Coal produced for domestic use?
5:05 - Do different regions have different coal prices?
6:45 - Primary uses of coal?
8:05 - Geopolitical nature of coal?
8:40 - Recent shifts in coal industry?
12:10 - Why hasn’t the US Coal industry consolidated?
14:55 - Will there be supply shortages in coal in the future?
17:15 - How have miners ESG evolved?
18:50 - Will ESG changes continue with higher energy prices?
19:35 - Largest misconceptions for the coal industry?
21:20 - Change in coal demand?
24:20 - One message to takeaway from our interview?
Taylor Kuykendall covers the metal and mining sector for S&P Global Market Intelligence’s news division with a deep history covering the U.S. coal sector in particular. He regularly tracks both coal production and generation trends with an eye toward potential shifts driven by policy, markets, and technology. Recent work has also included broader coverage of environmental, social and governance issues in the mining and energy sectors as investors increasingly pressure both to address concerns in those areas.
Taylor Kuykendall -
Website - https://www.spglobal.com/marketintelligence/contributors/311169/taylor-kuykendall
LinkedIn - https://www.linkedin.com/in/taykuy/
Twitter - https://twitter.com/taykuy
WTFinance -
Instagram - https://www.instagram.com/wtfinancee/
Spotify - https://open.spotify.com/show/67rpmjG92PNBW0doLyPvfn
TikTok - https://vm.tiktok.com/ZMeUjj9xV/
iTunes - https://podcasts.apple.com/us/podcast/wtfinance/id1554934665?uo=4
Linkedin - https://www.linkedin.com/in/anthony-fatseas-761066103/
Twitter - https://twitter.com/AnthonyFatseas
On todays episode of the WTFinance podcast I interviewed Henry Sanderson, Executive Editor at Benchmark Mineral Intelligence and author of the upcoming book "Volt Rush: The Winners and Losers in the Race to Go Green".
Buy the book here - https://www.amazon.co.uk/Volt-Rush-Winners-Losers-Green/dp/0861543750/
During the interview we talked about commodity demand, what rare earth materials will be vital for the future, whether there are enough materials to go fully renewable and the need to onshore. I hope you enjoy!
We depend on a handful of metals and rare earths to power our phones and computers. Increasingly, we rely on them to power our cars and our homes. Whoever controls these finite commodities will become rich beyond imagining.
Sanderson journeys to meet the characters, companies, and nations scrambling for the new resources, linking remote mines in the Congo and Chile’s Atacama Desert to giant Chinese battery factories, shadowy commodity traders, secretive billionaires, a new generation of scientists attempting to solve the dilemma of a ‘greener’ world.
0:00 - Introduction
0:30 - Influence for writing the book?
1:50 - Commodity demand trend moving away from China
3:05 - Rare metal materials that will be vital for the future?
4:25 - Will there be enough materials to go fully renewable?
5:40 - Time to get mines online
6:30 - Onshoring metal refineries
8:10 - Majority of processing in China
9:30 - Who are the major players in materials?
12:20 - The Nickel problem?
15:25 - Any other major sources of nickel?
17:40 - Could demand for commodities create continued inflation?
18:45 - Increased interest and investment in sector?
19:09 - LME Nickel issue occurring again in the future?
21:30 - Limit ups and downs in commodities
22:40 - One message to take away from your book?
Henry grew up in Hong Kong, and studied in the UK and the US. He worked as a journalist in New York, Beijing, and London. While living in Beijing for seven years, Henry co-authored a book with Michael Forsythe (now at the New York Times) about China’s largest overseas lender, China Development Bank, which lent billions to countries such as Venezuela, playing a key role in the spread of China’s power and state capitalism overseas.
Henry is particularly interested in the geopolitics of the global energy transition and how individual Chinese companies define China’s embrace of the world.
He currently works as executive editor for Benchmark Mineral Intelligence, a leading provider of data and analysis for the lithium ion battery supply chain.
Henry Sanderson -
Website - https://www.henrysanderson.net/
Twitter - https://twitter.com/hjesanderson
LinkedIn - linkedin.com/in/henry-sanderson-9889297/
WTFinance -
Instagram - https://www.instagram.com/wtfinancee/
Spotify - https://open.spotify.com/show/67rpmjG92PNBW0doLyPvfn
TikTok - https://vm.tiktok.com/ZMeUjj9xV/
iTunes - https://podcasts.apple.com/us/podcast/wtfinance/id1554934665?uo=4
Linkedin - https://www.linkedin.com/in/anthony-fatseas-761066103/
Twitter - https://twitter.com/AnthonyFatseas
On todays episode of the WTFinance podcast I spoke with Dan McCrum - multi-award winning journalist at the Financial Times and author of the recently released book "Money Men: A Hot Startup, A Billion Dollar Fraud, A Fight for the Truth".
On the podcast we talked about how Dan was involved in the story, what was Wirecard, how it became the tech darling of Germany and EU, how the fraud was discovered and the fallout of the whole situation. I hope you enjoy!
Buy the book here - https://uk.bookshop.org/books/money-men-a-hot-startup-a-billion-dollar-fraud-a-fight-for-the-truth/9781787635043
0:00 - Introduction
0:25 - Influence for writing the book?
1:20 - Dan involved in the story
3:50 - What is Wirecard?
6:15 - Jan Marsalek
7:30 - How did Wirecard go from a dot.com bubble to the Tech darling of Germany and EU
9:25 - National and Investor support
10:45 - When did you realise there were issues with Wirecard?
13:25 - Missing money in the Philippines
17:00 - Did they discover the fraud during that visit?
18:45 - Shocked when you heard of collapse of Wirecard?
21:25 - What has been the fallout?
22:40 - Jan Marsalek the person they have been blaming?
23:30 - One message to takeaway from the book/interview?
Dan McCrum is multi-award winning journalist and author. In 15 years at the Financial Times he has covered business and finance from New York and London, helping to uncover fraudulent accounting at several listed companies. He is currently a member of the investigations team, and his reporting on Wirecard was recognised with more than a dozen awards and prizes, including journalist of the year at the 2020 British Press Awards.
Dan got a taste for newsprint as a paperboy in his family’s newsagent. Before becoming a journalist he tried his hand at painting and decorating, selling cook books door-to-door, and learned a thing or two about finance in the research department of an investment bank. He lives with his family in St Albans.
Dan McCrum -
Website - https://danmccrum.com/
Twitter - https://twitter.com/FD?
LinkedIn - https://www.linkedin.com/in/dan-mccrum-b985a47/
WTFinance -
Instagram - https://www.instagram.com/wtfinancee/
Spotify - https://open.spotify.com/show/67rpmjG92PNBW0doLyPvfn
TikTok - https://vm.tiktok.com/ZMeUjj9xV/
iTunes - https://podcasts.apple.com/us/podcast/wtfinance/id1554934665?uo=4
Linkedin - https://www.linkedin.com/in/anthony-fatseas-761066103/
Twitter - https://twitter.com/AnthonyFatseas
On todays episode of the WTFinance podcast I was happy to host Chris Blackhurst - Commentator, Strategic communications advisor and author of the recently released book "Too Big To Jail - Inside HSBC, the Mexican Drug Cartels and the Greatest Banking Scandal of the Century".
On the podcast we talked about how HSBC's culture is different to other banks, Empire building within the Finance Industry, How the money Laundering Process took advantage of HSBC's systems and the importance of chasing the money.
Buy the book here - https://www.amazon.co.uk/Too-Big-Jail-Mexican-greatest-ebook/dp/B09Q39J1FZ/
0:00 - Introduction
0:30 - Influence for writing the book?
1:30 - Banking scandal fatigue?
2:45 - How is HSBC culture different to other banks?
4:30 - Industry issue of empire building?
7:20 - Wanting to be the largest bank
9:25 - Why do cartels need to launder money and how did they use HSBC?
15:20 - Warnings from within the company?
17:45 - Management too spread out or something else?
21:15 - Punishment meeting the crime?
22:40 - Mexican authorities
25:35 - Somebody has to be responsible
27:55 - Chasing the money
29:45 - Cutting off peoples money
32:45 - Challenge of making the changes
37:18 - One message to takeaway from book?
Chris is a writer, commentator and strategic communications advisor. He was named in the “Top 10 for Crisis and Reputational” advice by PR Week.
Chris also advises clients on the media and strategic communications. For four years, he was a Director of CT Partners, the international campaigning and communications consultancy.
Previously, Chris was Editor of The Independent. Before that, he was City Editor of the Evening Standard.
Chris was also Multi-Media Head of Business, for the Evening Standard, The Independent, i, and London Live TV, in charge of business coverage across these titles and their digital platforms, also writing for the papers, and presenting programmes, himself.
A journalist since 1984, Chris' other posts include: Deputy Editor at the Independent and Independent on Sunday, and Daily Express, and Westminster Correspondent of the Independent, and Deputy Editor, Sunday Times Insight Team. He wrote regularly for Management Today, and contributed to numerous other magazines and publications, as well as making frequent appearances on TV and Radio, and making public speeches.
Chris received several awards. He was London Press Club’s Business Journalist of the Year, 2011. He graduated in Law from Cambridge University.
Twice married, Chris has five children, and he lives in South-West London. He enjoyed playing tennis and golf, watching football and rugby, and going to the cinema and theatre.
Chris Blackhurst -
Website - https://chrisblackhurst.media/#home
Twitter - https://twitter.com/c_blackhurst
LinkedIn - https://www.linkedin.com/in/chris-blackhurst-36411080/
WTFinance -
Instagram - https://www.instagram.com/wtfinancee/
Spotify - https://open.spotify.com/show/67rpmjG92PNBW0doLyPvfn
TikTok - https://vm.tiktok.com/ZMeUjj9xV/
iTunes - https://podcasts.apple.com/us/podcast/wtfinance/id1554934665?uo=4
Linkedin - https://www.linkedin.com/in/anthony-fatseas-761066103/
Twitter - https://twitter.com/AnthonyFatseas
On todays episode of the WTFinance podcast I interviewed Adam Seessel,
Founder and Chief Investment Officer of Gravity Capital Management and author of the recently released book "Where the Money is: Value Investing in the Digital Age".
Buy the Book here - https://www.amazon.co.uk/Where-Money-Value-Investing-Digital-ebook/dp/B0B2Q35N7N/
During the podcast we talked about how hard it was for Adam to change his investment philosophy, tools for picking winners, distortions in the markets and why young investors gravitate to high risk investing. I hope you enjoy!
0:00 - Introduction
0:26 - Influence for writing the book?
2:50 - How hard was it to change your investment philosophy?
4:00 - Tools to pick the winners
9:30 - Any other mechanisms that are different?
12:20 - Distortions in markets
13:40 - How do we know if “This time is different”?
17:55 - Overcomplicating investing
19:10 - Analysing Macro
21:50 - Buy what you know
24:00 - Cutting your losses in a trade?
26:10 - Too much emphasis on near term metrics
29:00 - Companies that are continuing to grow despite economy
30:10 - Advice for not FOMOing into investments?
33:40 - Message to takeaway from the book?
34:45 - Younger investors gravitating to high risk investing
Adam Seessel is founder and Chief Investment Officer of Gravity Capital Management, which runs money for both institutions and high-net worth individuals in a long-term, tax-efficient manner. He began his career at Sanford Bernstein and moved to progressively higher analytical responsibilities at Baron Capital and Davis Selected Advisers, where he ran consumer-products and media research. He started Gravity in 2003.
Gravity Capital Management manages money in both a partnership and a separate-account format. It has a long-term record of beating the market after fees, with special focus on capital preservation. In 2008, for example, the Gravity Long-Biased Fund lost only 5.5% of capital and returned 27% in 2009.
Seessel began his career as an investigative journalist, winning the George Polk Award in 1991 for environmental reporting. The award is generally considered the 2nd highest honor in American journalism after the Pulitzer Price. He remains active in journalism as an occasional contributor for both Barron’s and Fortune magazines.
Adam graduated summa cum laude from Dartmouth College in 1985 with a BA in Religion.
Adam Seessel -
LinkedIn - https://www.linkedin.com/in/adam-seessel-89872911/
Fortune - https://fortune.com/author/adam-seessel/
WTFinance -
Instagram - https://www.instagram.com/wtfinancee/
Spotify - https://open.spotify.com/show/67rpmjG92PNBW0doLyPvfn
TikTok - https://vm.tiktok.com/ZMeUjj9xV/
iTunes - https://podcasts.apple.com/us/podcast/wtfinance/id1554934665?uo=4
Linkedin - https://www.linkedin.com/in/anthony-fatseas-761066103/
Twitter - https://twitter.com/AnthonyFatseas
On todays episode of the WTFinance podcast I welcomed back James Fok, a veteran financial and strategic advisor to corporations and governments and author of the recently released book "Financial Cold War: A View of Sino-US Relations from the Financial Markets".
Buy the book here - https://www.amazon.co.uk/Financial-Cold-War-Sino-US-Relations-ebook/dp/B09NTB7P3Z/
On the podcast we talked about how Ukraine-Russia conflict has changed US-Sino relations, the challenge with sanctions, whether things could escalate between US and China and how international markets overreact to Chinese policies. I hope you enjoy!
0:00 - Introduction
0:29 - How has Ukraine-Russia conflict changed US-Sino relations?
6:10 - Would international investment need to evolve from state-backed to private investment?
8:19 - Will China need to float currency for further international investment?
13:10 - How would the changes occur within China?
19:15 - Were you surprised by the sanctions that were put on Russia?
23:55 - What changes are needed to be made for Hong Kong to gain trust back?
30:14 - Could things escalate between US and China?
34:25 - Japanification of China into the future?
39:00 - Overreacting to Chinese policies?
42:15 - Will Covid-Zero have an impact on Chinese economy?
48:04 - China invading Taiwan in the coming years?
50:30 - What should listeners take away from our interview?
51:40 - Misunderstandings between the West and China?
James Fok is a veteran financial and strategic advisor to corporations and governments. He served as a senior executive at Hong Kong Exchanges and Clearing (HKEX) from 2012 until 2021, during a period of rapid internationalisation in China's capital markets. While there, he played a major role in a number of landmark financial markets initiatives, including the launch of the Shanghai-Hong Kong Stock Connect programme (2014), Bond Connect (2017) and the Hong Kong market's Listing Reforms (2018). Prior to HKEX, Fok worked as an investment banker in both Europe and Asia, specialising in the financial services sector.
Fok has written and spoken extensively about market structure issues and the intersection between geopolitics and international finance. He serves or has served on a number of financial industry bodies, including Ireland for Finance's Industry Advisory Committee (2021-), the Executive Board of the International Securities Services Association (2018-21), and the Financial Services Advisory Committee of the Hong Kong Trade and Development Council (2014-21). He is also a member of the Advisory Board of Hex Trust (2021-).
Fok holds a BA (Hons) from the School of Oriental and African Studies of the University of London. He lives in Hong Kong with his wife and two sons.
James Fok -
Website - https://jamesafok.com/
LinkedIn - https://www.linkedin.com/in/james-fok-24082237/
WTFinance -
Instagram - https://www.instagram.com/wtfinancee/
Spotify - https://open.spotify.com/show/67rpmjG92PNBW0doLyPvfn
TikTok - https://vm.tiktok.com/ZMeUjj9xV/
iTunes - https://podcasts.apple.com/us/podcast/wtfinance/id1554934665?uo=4
Linkedin - https://www.linkedin.com/in/anthony-fatseas-761066103/
Twitter - https://twitter.com/AnthonyFatseas
On todays episode of the WTFinance podcast I interviewed Jonathon Karelse, CEO of Northfind Management and author of the recently released book "Histories of the Future: Milestones in the Last 100 Years of Business Forecasting".
Buy the Book here - https://www.amazon.co.uk/Histories-Future-Milestones-Business-Forecasting-ebook/dp/B09T21R45L/
On the podcast we talked about what is forecasting, understanding probability, deterministic forecasting creating fragilities and surprise from Jonathon's research for the book. I hope you enjoy!
0:00 - Introduction
0:29 - Influence for writing the book?
3:55 - What is forecasting?
6:00 - Understanding probabilities
6:45 - Being too deterministic in forecasting creating fragilities in systems?
9:55 - Black swans in forecasting?
15:15 - Antifragile systems that are stronger during volatility
19:10 - How did business forecasting begin?
25:00 - Other important milestones in forecasting
34:17 - Any surprising things when you were researching?
36:30 - Future of forecasting?
40:30 - Stabilising supply chains and onshoring?
44:26 - One message to takeaway from interview or book?
Jonathon is leading the conversation that Behavioral Economics represents the next big idea for decision making and planning in many companies. He believes that by understanding the causes of biases and heuristics in planning, organizations can make rapid improvements in real-world performance.
As a frequent contributor to the Institute of Business Forecasting (IBF) and APICS, the Association for Supply Chain Management, Jonathon tracks trends and directly influences best practices in Demand Planning and S&OP. He has been cited for his work on Forecast Value Add (FVA) analysis; the integration of Judgement and Business Intelligence into statistical forecasting; and Conflict Resolution in consensus forecasting.
Jonathon Karelse:
Website - https://jonathonkarelse.com/
Twitter - https://twitter.com/JKarelse
LinkedIn - https://www.linkedin.com/in/jonathonkarelse/
WTFinance:
Instagram - https://www.instagram.com/wtfinancee/
Spotify - https://open.spotify.com/show/67rpmjG92PNBW0doLyPvfn
TikTok - https://vm.tiktok.com/ZMeUjj9xV/
iTunes - https://podcasts.apple.com/us/podcast/wtfinance/id1554934665?uo=4
Linkedin - https://www.linkedin.com/in/anthony-fatseas-761066103/
Twitter - https://twitter.com/AnthonyFatseas
On todays episode of the WTFinance podcast I was happy to host Peter Krauth - Former portfolio adviser and a 20-year veteran of the resource market, with special expertise in precious metals, mining and energy stocks and author of the recently released book "The Great Silver Bull - Crush Inflation and Profits as the Dollar Dies."
On the podcast we talked about the book, why Silver, how the current precious metal cycles compare to the past, how to invest in Silver and Peters portfolio construction. I hope you enjoy!
0:00 - Introduction
1:04 - Influence for writing the book?
3:55 - Why Silver?
6:35 - How the current precious metal cycle compares to the past?
9:15 - Why Silver over Gold?
13:17 - What are Silvers uses?
18:32 - Struggle with demand and supply due to mining practices?
22:30 - Silver is prone to massive moves
24:40 - Can we measure silver supply?
27:02 - Silver indicators to watch?
31:15 - Investing in Silver?
35:12 - How Peter would build a portfolio
39:55 - One message to takeaway from the book/interview?
Peter Krauth is a former portfolio adviser and a 20-year veteran of the resource market, with special expertise in precious metals, mining and energy stocks.
He is editor of two newsletters to help investors profit from metal market opportunities: Silver Stock Investor, www.silverstockinvestor.com and Gold Resource Investor, www.goldresourceinvestor.com. In those letters Peter writes about what he is buying and selling; he takes no pay from companies for coverage.
Peter has contributed numerous articles to Kitco.com, BNN Bloomberg, the Financial Post, Seeking Alpha, Streetwise Reports, Investing.com, TalkMarkets and Barchart, and he holds a Master of Business Administration from McGill University.
Peter Krauth -
Twitter - https://twitter.com/peter_krauth
Silver Stock Investor - www.silverstockinvestor.com
Gold Resource Investor - www.goldresourceinvestor.com
LinkedIn - https://www.linkedin.com/in/peter-krauth/
WTFinance -
Instagram - https://www.instagram.com/wtfinancee/
Spotify - https://open.spotify.com/show/67rpmjG92PNBW0doLyPvfn
TikTok - https://vm.tiktok.com/ZMeUjj9xV/
iTunes - https://podcasts.apple.com/us/podcast/wtfinance/id1554934665?uo=4
Linkedin - https://www.linkedin.com/in/anthony-fatseas-761066103/
Twitter - https://twitter.com/AnthonyFatseas
On todays episode of the WTFinance podcast I spoke with Jim Lewis, Co-Founder of Wall Street Silver .
On the podcast we talked about
0:00 - Introduction
0:22 - WallStreetBets is known for Gamestop and AMC, where did silver come from?
3:25 - Were you already interested in silver beforehand?
4:12 - Did the macro environment influence your investment in precious metals and why?
7:28 - Commodity Super Cycle?
8:50 - Royalty stocks
10:40 - What geographies are you invested in?
11:15 - Portfolio diversification in commodities?
11:50 - Theory behind nuclear investment?
15:50 - Lack of investment into these commodities
16:47 - Primary vs Byproduct silver mining
19:10 - Why have we seen precious metals not act as a inflation hedge?
20:00 - Any indicators you are watching?
21:40 - Raise rates until central bank breaks something
23:00 - Silver short squeeze?
24:20 - Manipulation in commodities markets?
25:50 - Any other assets you are keeping an eye on?
26:10 - Concerned about China slow down impacting commodities demand?
27:45 - One message to takeaway from our interview?
Jim Lewis is the co-founder of Wall Street Silver, with 200,000+ members on Reddit, over 120,000+ followers on Twitter and his YouTube channel with 46,000+ subscribers.
Wall Street Silver (founded in January 2021) provides a platform for silver and gold investors to share information, entertainment and discussion on topics affecting the silver and gold markets. Jim Lewis has quickly grown the Wall Street Silver audience to become one of the largest addressing precious metals issues anywhere.
The Wall Street Silver YouTube channel interviews notable people in the industry on all topics affecting silver and gold. Regular guests include Rick Rule, Jim Rogers, Marc Faber and dozens of other fund managers, economists, CEOs and YouTubers.
Jim Lewis -
Twitter - https://twitter.com/Galactic_Trader
LinkedIn - https://www.linkedin.com/in/wallstreetsilver/
Wall Street Silver -
Twitter - https://twitter.com/wallstreetsilv
YouTube - Wall Street Silver
Reddit - https://www.reddit.com/r/Wallstreetsilver/
WTFinance -
Instagram - https://www.instagram.com/wtfinancee/
Spotify - https://open.spotify.com/show/67rpmjG92PNBW0doLyPvfn
TikTok - https://vm.tiktok.com/ZMeUjj9xV/
iTunes - https://podcasts.apple.com/us/podcast/wtfinance/id1554934665?uo=4
Linkedin - https://www.linkedin.com/in/anthony-fatseas-761066103/
Twitter - https://twitter.com/AnthonyFatseas
On todays episode of the WTFinance podcast I was happy to host Joe Olashugba, Macro observer and author of the Market Macro Hub.
On the podcast we talked about the major macro trends Joe is watching, whether we could see longer term inflation, potential strength in the Yen and the importance of putting the time into learning Macro. I hope you enjoy!
0:00 - Introduction
0:22 - How are you holding up in these crazy markets?
1:00 - What assets does Joe focus on?
1:50 - What Macro Trends are you keeping an eye on?
3:25 - Will the FED break something?
4:40 - Could interest rate increases continue after neutral rate?
6:40 - Could we see longer term inflation?
7:40 - Any other macro trends Joe is watching?
9:40 - Yen-USD carry trade and potential Yen strength?
12:35 - Moving yen goal post?
13:45 - What is your investment philosophy?
14:30 - Other indicators to watch?
15:50 - What will happen with inflation?
18:10 - 3 stages of a bear market?
20:35 - Why don’t you like finance news?
23:30 - Opinion on commodities?
25:29 - We have seen capitulation in Crypto
27:40 - Negative markets?
28:30 - One message to takeaway from our interview?
29:09 - Putting the time in to learn macro
Joe Olashugba -
Market Macro Hub - https://market-macro-hub.scriber.to/
Instagram - https://www.instagram.com/joe.olashugba/
LinkedIn - https://www.linkedin.com/in/joeolashugba/
Twitter - https://twitter.com/JoeOlashugba
WTFinance -
Instagram - https://www.instagram.com/wtfinancee/
Spotify - https://open.spotify.com/show/67rpmjG92PNBW0doLyPvfn
TikTok - https://vm.tiktok.com/ZMeUjj9xV/
iTunes - https://podcasts.apple.com/us/podcast/wtfinance/id1554934665?uo=4
Linkedin - https://www.linkedin.com/in/anthony-fatseas-761066103/
Twitter - https://twitter.com/AnthonyFatseas
On todays episode of the podcast I was happy to host FINANCE MARK: Mark Humphery-Jenner, PhD , Associate Professor of Finance at the University of New South Wales.
Throughout the interview we talked about how central banks got inflation so wrong, indicators showing inflation could be becoming sticky and whether changing trends could lead to an inflationary decade? I hope you enjoy!
Mark is an Associate Professor of Finance at UNSW (though, all views are his own). He has a PhD in finance and in law, and a LLB. He has published over 35 peer reviewed articles in finance and law. Mark has a background in banking, including in funds management and angel investing. He has also talked with various media outlets.
Mark Humphery-Jenner , PhD -
YouTube - FINANCE MARK: Mark Humphery-Jenner, PhD
Twitter
LinkedIn
WTFinance -
Instagram
Spotify
TikTok
iTunes
Linkedin
Twitter
On todays WTFinance podcast we welcomed back Dr Adi Imsirovic, Former Global Head of Oil at Gazprom Marketing & Trading.
On the podcast we talked about what has created the massive inflation in energy prices, the complex geopolitics in Oil, can Europe live without Russian energy and what level of oil would create demand destruction. I hope you enjoy!
Adi Imsirovic has over 30 years of experience in oil trading. He held a number of senior positions, including Global Head of Crude Oil at Gazprom Marketing & Trading, Director of Petraco and the Head of their Singapore office and The Regional Manager of Texaco Oil Trading for Asia.
He was a Fulbright Scholar and studied at the Graduate School of Arts and Sciences, Harvard University. Adi also taught economics at Surrey University for several years: Energy Economics as well as Resource and Environmental Economics. He has a PhD in Economics and a Masters degree in Energy Economics.
He has written a number of papers and articles on the topic of oil and gas prices, benchmarks, and energy security. He is the author of the book: ‘Trading and Price Discovery for Crude Oils: Growth and Development of International Oil Markets’, published by Palgrave in August 2021.
Dr Adi Imsirovic -
LinkedIn - https://www.linkedin.com/in/adi-imsirovic-41a73729/
Twitter - https://twitter.com/AdiSurreyEnergy
Buy the book below -
Kindle - https://amzn.to/3cEzXud
Hardcover - https://amzn.to/3oyaaJy
WTFinance:
Instagram - https://www.instagram.com/wtfinancee/
Spotify - https://open.spotify.com/show/67rpmjG92PNBW0doLyPvfn
TikTok - https://vm.tiktok.com/ZMeUjj9xV/
iTunes - https://podcasts.apple.com/us/podcast/wtfinance/id1554934665?uo=4
Linkedin - https://www.linkedin.com/in/anthony-fatseas-761066103/
Twitter - https://twitter.com/AnthonyFatseas
On todays episode of the podcast I was happy to host Hugh Hendry Official - Founder of Eclectica Asset Management, an award winning hedge fund manager and host of the Acid Capitalist podcast.
On the podcast we talked about who is Hugh Hendry, being a contrarian investor, the current relationship between the US and China and why it has created class warfare. I hope you enjoy!
0:00 - Introduction
1:57 - Who is Hugh Hendry?
3:00 - Why do we have a specific view of hedge fund managers?
7:30 - How does contrarian investing look?
10:45 - Looking past pop psychology of marketplace
12:30 - IPO’s are a con
13:55 - How did this impact your investment philosophy?
16:15 - Open minded in investing
18:55 - contrarian thinking in 2008
20:50 - How would you compare today to the past?
23:50 - Relationhttps://www.instagram.com/hughhendryofficial/ship between US and China
29:55 - Why asset prices have trended up?
32:08 - Will this time be different with high inflation and high debt?
34:19 - Inflation
39:30 - How could treasuries recover from this point?
40:50 - Class warfare
48:35 - Commercial conflict vs real conflict
50:40 - Concern about China?
55:40 - Disengagement is an option
59:11 - One message to takeaway from the podcast?
Hugh Hendry is an award winning hedge fund manager, market commentator, thought leader, ST Barts Real Estate Investor & Surfer.
Hugh Hendry was the founding partner and chief investment officer of the now defunct hedge fund firm, Eclectica Asset Management. The fund was created in 2003 and returned 50 per cent from the revival in the gold price.
Hugh later attracted media attention when his fund achieved a 31.2 per cent positive return in 2008 during the depths of the financial crisis, earning him a reputation as a contrarian investors. He has been referred to as "the most high-profile Scot" in the hedge fund sector.
Hugh Hendry -
Twitter
YouTube
Website
Instagram
WTFinance -
Instagram
Spotify
iTunes
Twitter
On todays episode of the WTFinance podcast I was happy to host Tom Nash - Palantir evangelist, Co host of Money Talks, Lada lover and Amit hair hater.
On todays podcast we talked about the history of Lada, why we should have higher interest rates, how 80% of companies will go bankrupt in the coming years and a strategy to select the future Amazon (as well as a lot of laughing...). I hope you enjoy!
Tom Nash has 10+ years as an analyst for a major global investment firm, including stock market analysis, due diligence and valuations.
Tom has a YouTube channel that was founded with one mission: to provide you with the tools and insight to navigate the world of finance. On his channel, you will find his stock market review series, where they take a look at the stock market with a professional analysis approach, as well as general personal finance videos.
Tom is also the co-host of Money Talk, a daily showing talking about the current market news with Justin Oh of Cents Invest & Amit Kukreja .
Tom Nash -
YouTube
Twitter
Patreon
Money Talks
WTFinance -
Instagram
Spotify
iTunes
Twitter
On todays episode I had the opportunity to interview Antonio Linares, an investor whose portfolio has delivered an average return of 2000% by focusing on finding asymmetric investment opportunities.
On todays episode we talked about what will drive GDP growth in the coming years, Synthetic Biology and Amyris, Antonio's strategy for finding investment opportunities and how Spotify will win the audio war. I hope you enjoy!
Antonio started his investment journey in 2014, by investing half of his money in $AMD and the other half in $SCTY ($TSLA). To date, the portfolio has delivered an average return of 2000% since. In his newsletter, you will be able to gain a detailed insight into the thought process that led to these investments and that may also lead to other outstanding investments in the future.
He constantly learns new things in the fields of technology, science, history, markets, psychology, business and a whole range of other subjects. He then put ideas from all these different areas together to produce actionable investment ideas.
His passion for learning is what makes him a good investor. His second passion is sharing the new things I learn with others and that is just the motivation of this newsletter.
Antonio Linares -
Twitter - https://twitter.com/alc2022
Substack - https://antoniolinares.substack.com/
Spotify Debate - https://www.youtube.com/watch?v=PFqJaZolkLg
WTFinance -
Instagram - https://www.instagram.com/wtfinancee/
Spotify - https://open.spotify.com/show/67rpmjG92PNBW0doLyPvfn
iTunes - https://podcasts.apple.com/us/podcast/wtfinance/id1554934665?uo=4
Twitter - https://twitter.com/AnthonyFatseas
On todays podcast I was happy to host Salman Anees Soz, Economist, Commentator and Author of the recently released book "Unshackling India: Hard Truths and Clear Choices for Economic Revival".
During the podcast we talked about the role of the World Bank and IMF, an introduction into the Indian economy, how it has changed over the past 20 years and what changes need to be made to allow the country to fully unlock its potential. I hope you enjoy!
Buy the book here -
Amazon - https://www.amazon.co.uk/Unshackling-India-Choices-Economic-Revival/dp/9354893341/
Bookstore - https://uk.bookshop.org/books/unshackling-india-hard-truths-and-clear-choices-for-economic-revival/9789354893346
Salman Anees Soz is an economist, author, and commentator. He is currently Adjunct Professor at the Anwar Gargash Diplomatic Academy in Abu Dhabi (UAE). He is also a senior consultant at the World Bank, where he previously served in various capacities over a 25 year career. He has worked on a range of economic development issues in Eastern Europe and Central Asia, Middle East and North Africa, Sub Saharan Africa, and South Asia. He is a recipient of the World Bank President’s Award for Excellence.
His professional interests include political economy, emerging market economics, and South Asian politics. His first book, "The Great Disappointment - How Narendra Modi Squandered a Unique Opportunity to Transform the Indian Economy" (Penguin Random House) was published in 2019. His latest book, co-authored with Ajay Chhibber, “Unshackling India: Hard Truths and Clear Choices for Economic Revival” (Harper-Collins) was listed by the Financial Times as one of the best new books in economics for 2022. The book also won the India Economic Forum Literary Award for 2022.
His commentary on politics and economics appears regularly in major Indian and international publications. Salman Soz appears frequently on television to discuss politics and economics. He also speaks on politics, economics, and international affairs at universities, think tanks, and conferences. He is a member of the Indian National Congress and Deputy Chairman of the All India Professionals' Congress.
Hailing from Kashmir, he is a passionate advocate of a peaceful resolution of the Kashmir issue. Salman Soz holds a Master's degree in Business Administration from Yale University (New Haven) and a Master's degree in Economics Northeastern University (Boston). He received a BA (Hons.) in Economics from St. Stephen's College (Delhi), where he was the elected President of the Students' Union Society.
Salman Anees Soz -
Website - https://www.salmansoz.com/
Twitter - https://twitter.com/SalmanSoz
WTFinance -
Instagram - https://www.instagram.com/wtfinancee/
Spotify - https://open.spotify.com/show/67rpmjG92PNBW0doLyPvfn
iTunes - https://podcasts.apple.com/us/podcast/wtfinance/id1554934665?uo=4
Twitter - https://twitter.com/AnthonyFatseas
On todays podcast I was happy to talk with Darin Tuttle, Owner & Chief Investment Officer of Tuttle Ventures, an investment management firm with a strategy designed to leverage fundamental equity management alongside traditional assets like stocks and bonds.
On the podcast we talked about the current macroeconomic trends, reducing sensitivity to overall market, managed futures funds, what would change Darin's current perspective and building out of a recession. I hope you enjoy!
With over a decade of experience in capital markets and portfolio management, Darin left Goldman Sachs to manage multi-million dollar portfolios in his early 20’s.
As a millennial money manager, Darin has been featured in Forbes, Yahoo! Finance, Institutional Investor, Business Digest Magazine and Streetinsider.com for his expert insights.
Principled and passionate, Darin has an uncompromising dedication to help others by managing their investments.
Darin Tuttle -
Twitter - https://twitter.com/Darin_T80
Website - https://tuttleventures.com/
Substack - https://newsletter.tuttleventures.com/
WTFinance:
Instagram - https://www.instagram.com/wtfinancee/
Spotify - https://open.spotify.com/show/67rpmjG92PNBW0doLyPvfn
iTunes - https://podcasts.apple.com/us/podcast/wtfinance/id1554934665?uo=4
Twitter - https://twitter.com/AnthonyFatseas
On todays episode I was happy to host Doomberg, a group of individuals who highlight the fundamentals missing from many economic and policy decisions, specifically through Twitter and Substack. They are an anonymous team represented by the green chicken you currently see on your screen (on YouTube).
We talked about the current wrong decisions that have brought us to a potential energy crisis, origin point of the current trajectory, whether it is irreversible and the challenges of transitioning to 100% renewable. I hope you enjoy!
The group started writing Doomberg in May of 2021 to highlight the fundamentals missing from many economic and policy decisions, and it quickly grew to be one of the most widely read finance newsletters on Substack.
This publication is their passion, and the content is borne out of the team’s deep experience in heavy industry, private equity, and the hard sciences. Family offices and c-suite executives hired them to deliver innovative thinking and clarity to complex problems – they operate as though their subscribers share those same expectations.
Read their full bio here - https://doomberg.substack.com/about
Doomberg -
Substack - https://doomberg.substack.com/
Twitter - https://twitter.com/DoombergT
WTFinance
Instagram - https://www.instagram.com/wtfinancee/
Spotify - https://open.spotify.com/show/67rpmjG92PNBW0doLyPvfn
iTunes - https://podcasts.apple.com/us/podcast/wtfinance/id1554934665?uo=4
Twitter - https://twitter.com/AnthonyFatseas
Doomberg interview with Robert Bryce - https://youtu.be/pf0FNPyrRF4
Question Quote - "If you speed head on into the wall of physics you are going to crash and we are going to do that. We are on an irreversible course to make all the wrong decisions and let physics teach us what the true constraints are”
On todays episode I was happy to host Amit Kukreja - Serial Entrepreneur, Founder of Audea and Palantir devotee.
We talked about why Palantir is trading like a growth stock, mega trends to watch out for, Palantir's point of difference and whether Alex Karp is right for Palantir. I hope you enjoy!
0:00 - Introduction
0:28 - How are you holding up in these crazy times?
4:20 - Drop of the big stocks
6:00 - More innovators taking the initiative
10:50 - Palantir is in a good position - why is it trading like a growth stock?
13:11 - Amazon
14:20 - Recession with social media
15:44 - innovation during recessions
17:20 - Mega trends
20:40 - Creator platforms
21:40 - 70% of YouTube isn’t in English
24:00 - Netflix challenge with bad content
25:45 - Spotify
30:10 - Current Palantir people should know about?
32:40 - Insights of upcoming Palantir news
34:15 - Palantir’s point of difference
39:00 - Is Alex Karp right for Palantir?
42:20 - Palantir - pay as you go
43:25 - One last message to takeaway from the interview?
Amit covers stocks and tech on his YouTube channel, as well as so much more. He is a Palantir evangelist, being the founder of Daily Palantir, a website covering the day to day news of
Amit -
YouTube - https://www.youtube.com/c/AmitKukrejaInvesting
Twitter - https://twitter.com/amitisinvesting
Patreon - https://www.patreon.com/amitkukreja
Daily Palantir - https://www.dailypalantir.com/
Audea - https://audea.io/home
WTFinance
Instagram - https://www.instagram.com/wtfinancee/
Spotify - https://open.spotify.com/show/67rpmjG92PNBW0doLyPvfn
iTunes - https://podcasts.apple.com/us/podcast/wtfinance/id1554934665?uo=4
Twitter - https://twitter.com/AnthonyFatseas
On this weeks episode of the WTFinance podcast I was happy to welcome back Brian Feroldi - Writer, YouTuber and Author of the recently released book "Why Does The Stock Market Go Up?: Everything You Should Have Been Taught About Investing In School, But Weren't".
During this interview we talked about copping with the current market volatility, Dunning-Kruger effect, understanding market intricacies, what Brian would do as a beginner investing and Brian's highest conviction investments.
I hope you enjoy!
Buy the book here -
Amazon - https://www.amazon.co.uk/Why-Does-Stock-Market-Everything-ebook/dp/B09NQQKZ9G/
Brian Feroldi has been intensely interested in money, personal finance, and investing ever since he graduated from college.
Brian started investing in 2004. In the beginning, he had no idea what he was doing and got his teeth kicked in. His returns improved dramatically over time as his experience and knowledge about the stock market grew.
In 2015, Brian became a writer for the Motley Fool. He has since written more than 3,000 articles on stocks, investing, and personal finance. He has also appeared on hundreds of podcasts, videos, and live streams.
In 2021, Brian launched a YouTube channel. It garnered more than 40,000 subscribers and over 1 million views in its first year.
In 2022, Brian’s book Why Does The Stock Market Go Up? was published. Brian lives in New England with his wife and three kids.
Brian Feroldi
Website
YouTube
Twitter
LinkedIn
Framework
Book
WTFinance
Instagram
Spotify
TikTok
iTunes
LinkedIn
Twitter
On todays episode I was happy to host @Tay Chi Keng for a second time! Chi is a Alibaba Evangelist, China Enthusiast and YouTube Creator.
We talked about what has been happening with Alibaba since we last talked, dealbreakers to be watching out for, investing in Singapore, Chi's investment in Facebook and other companies he is currently watching. I hope you enjoy!
Follow more of Chi's work below -
YouTube
Instagram
Twitter
LinkedIn
WTFinance -
Website
Spotify
Apple Podcast
LinkedIn
Twitter
On todays episode I was happy to host Nick Timiraos, Chief Economics Correspondent of The Wall Street Journal and author of the recently released book "Trillion Dollar Triage: How Jay Powell and the Fed Battled a President and a Pandemic---and Prevented Economic Disaster", a book that was recently recommended by Warren Buffet at his Annual Shareholders Meeting.
During the interview we talked about Powell's background, the extraordinary measures they did during the COVID pandemic, Flexible Average Inflation Target (FAIT) and what impact these decisions have made on the current state of inflation. I hope you enjoy!
Buy the book here -
Amazon - https://www.amazon.co.uk/Trillion-Dollar-Triage-President-Pandemic-ebook/dp/B09B9JXNWZ/
Nick Timiraos has been the chief economics correspondent at The Wall Street Journal since 2017, where he is responsible for covering the Federal Reserve and other major developments in U.S. economic policy.
He joined the Journal in 2006 and previously covered the 2008 presidential election. He wrote about U.S. housing markets and the mortgage industry as a reporter based in New York. His coverage included the government’s response to the foreclosure crisis and the takeover of finance companies Fannie Mae and Freddie Mac. Other assignments have included the Treasury Department, fiscal policy, and the Puerto Rican debt crisis.
More of Nicks Work -
Website - https://www.nicktimiraos.com/
Twitter - https://twitter.com/NickTimiraos
LinkedIn - https://www.linkedin.com/in/nick-timiraos-96364b2/
WTFinance -
Website - https://www.wtfinance.online/
Spotify - https://open.spotify.com/show/67rpmjG92PNBW0doLyPvfn
https://podcasts.apple.com/us/podcast/wtfinance/id1554934665?uo=4
LinkedIn - https://www.linkedin.com/in/anthony-fatseas-761066103/
Twitter - https://twitter.com/AnthonyFatseas
Former Vice Chair Clarida about the FED’s job during the pandemic -
“We are in a jumbo jet at 30,000 feet in the worst storm in seventy-five years. Our instrument panel [The Treasury market] has gone dead, in both ways: We don’t believe what they’re saying, and when we push this button it doesn’t do what we think. On top of that we are running out of fuel or Treasury Money because we can’t keep doing these lending programs. Not only do we have to stabilize the plane, we’ve got to land it in a fog and gale-force winds. We’ve got to find an airport, land the plane on a dark runway, then make sure it does not skid off into the ocean”.
Powell quote about Economy -
Powell downplayed worries about a 1970’s style scenario of runaway price increases - globalisation and technology, said Powell, had weakened businesses’ ability to raise prices and eroded workers’ bargaining powers. “It’s just a different economy”.
Powell parting quote -
“Even in terrible times, try to take counsel from your hopes as well as your fears,” Powell offered, “We should never sell ourselves short.”
On todays episode I was happy to host Izebella Kaminska, Founder and Editor of @The Blind Spot , a new media venture that aims to shine a light on stories being missed by the wider journalistic pack, to talk about
On the podcast we talked about Izabella's background in journalism, the importance of challenging investment norms and what stories Izabella believes should be talked about more. I hope you enjoy!
0:00 - Introductions
0:20 - Izabella background
2:40 - Positives of independence
4:45 - What are peoples motives?
8:15 - extremes coming to the forefront
11:20 - Specific article that were not being covered?
19:35 - Questioning investing and FED rhetoric
28:05 - Finance news pieces that should be covered more by mainstream media?
34:15 - Nuclear
39:10 - Message to take away from the interview?
Izabella is an alumni of the Financial Times, where she spent 13 years in reporting roles, most recently as the editor of FT Alphaville, the Financial Times’ award-winning markets and finance blog. Izabella was also an FT columnist and opinion writer focused on tech, finance and markets.
Izabella started her journalistic career in 2001 as a junior reporter for the English-language newspaper the Warsaw Business Journal. She later spent time in the former Soviet Republic at the Caspian Business News, which took her to Azerbaijan and Georgia. In 2003 she reported as a freelancer from Kabul, Afghanistan, before joining BP as an Associate Editor of the company’s internal magazine Horizon in 2004.
After completing the 2005 Reuters graduate trainee programme, Izabella joined Platts to focus on the reporting of European natural gas markets. She then went on to become a senior producer at CNBC in London, producing the channel’s flag-ship programme Squawk Box.
With the The Blind Spot Izabella is initiating a two-part plan to try and help reconfigure how journalistic information is organised on the internet.
The Blind Spot -
Website
YouTube
Twitter
Discord
Izabella Kaminska -
Twitter
LinkedIn
WTFinance -
Website
Spotify
iTunes
LinkedIn
Twitter
On todays episode I was happy to host Tavi Costa , expert in the commodity markets and currently a Portfolio Manager at Crescat Capital .
On the podcast we talked about the potential for a commodity super cycle, what Macro Trends are influencing this, how investors can take advantage of the trend and what countries Tavi is focusing on.
I hope you enjoy!
Tavi is a Member and Portfolio Manager at Crescat Capital and has been with the firm since 2013. He is responsible for developing Crescat’s macro models as part of our thematic investment process. His research has been featured in financial publications such as Bloomberg, The Wall Street Journal, Reuters, Yahoo Finance, Real Vision, and others. Tavi is a native of São Paulo, Brazil and is fluent in Portuguese, Spanish, and English. Before joining Crescat, he worked with the underwriting of financial products and in international business at Braservice, a large logistics company in Brazil.
Tavi Costa -
YouTube
Twitter
LinkedIn
Investor Letters
WTFinance -
Website
Instagram
Spotify
TikTok
iTunes
LinkedIn
Twitter
On this weeks podcast I was happy to speak with Scott Nations, Founder of Nations Indexes, creator of VolDex and author of the recently released book “The Anxious Investor - Mastering the Mental Game of Investing”, currently available at any good book store.
Buy the Book Here -
Amazon - https://www.amazon.co.uk/Anxious-Investor-Mastering-Mental-Investing-ebook/dp/B098QR1948/
Publisher - https://www.harpercollins.com/products/the-anxious-investor-scott-nations?variant=39402881482786
Throughout the interview we talked about the behavioural biases investors experience, techniques to protect yourself from these biases, Scott's thoughts on the current markets and the message from the book.
Scott is the author of "The Anxious Investor" as well as "A History of the United States in Five Crashes."
Scott is also the president of Nations Indexes, Inc., the world's leading independent developer of volatility indexes and option strategy indexes.
Scott Nations -
Website - https://www.scottnations.com/
Twitter - https://twitter.com/ScottNations
LinkedIn - https://www.linkedin.com/in/scottnations/
WTFinance -
Website - https://www.wtfinance.online/
Instagram - https://www.instagram.com/wtfinancee/
Spotify - https://open.spotify.com/show/67rpmjG92PNBW0doLyPvfn
TikTok - https://vm.tiktok.com/ZMeUjj9xV/
iTunes - https://podcasts.apple.com/us/podcast/wtfinance/id1554934665?uo=4
LinkedIn - https://www.linkedin.com/in/anthony-fatseas-761066103/
Twitter - https://twitter.com/AnthonyFatseas
On todays podcast I was happy to host Robert Ross, founder of Tik Stocks and author of the upcoming book “A Beginner's Guide to High-Risk, High-Reward Investing: From Cryptocurrencies and Short Selling to SPACs and NFTs, an Essential Guide to the Next Big Investment”, releasing on May 10th this year.
You can find the book here -
Amazon - https://www.amazon.co.uk/Beginners-Guide-High-Risk-High-Reward-Investing-ebook/dp/B09DDCV7WR/
Publisher - https://www.simonandschuster.co.uk/books/A-Beginners-Guide-to-High-Risk-High-Reward-Investing/Robert-Ross/9781507218235
On the podcast we talked about Roberts background, why we haven't seen a risk off environment, interesting investment vehicles mentioned in the book and the mistakes most retail investors make.
Robert Ross’s unique style of clear and direct stock research helped him build a massive following in the investment research industry, starting his career at investment research company Mauldin Economics and quickly rising through the ranks of to become the youngest chief analyst in the industry.
Today, over a million investors turn to Ross every month for his take on investing, economics, and personal finance. Between his social media followers on TikTok, Instagram, and Patreon and profiles in Time, Business Insider, MarketWatch, and Daily Mail (London), Ross uses his platform to promote fundamentally sound investing habits for people of all ages. Ross has a degree in economics from Loyola University New Orleans and lives in Los Angeles, California.
Robert Ross -
LinkedIn - https://www.linkedin.com/in/robertedwardross/
TikTok - https://www.tiktok.com/@tik.stocks?lang=en
Instagram - https://www.instagram.com/tikstocks/?hl=en
Twitter - https://twitter.com/tikstocks
WTFinance -
Website - https://www.wtfinance.online/
Instagram - https://www.instagram.com/wtfinancee/
Spotify - https://open.spotify.com/show/67rpmjG92PNBW0doLyPvfn
TikTok - https://vm.tiktok.com/ZMeUjj9xV/
iTunes - https://podcasts.apple.com/us/podcast/wtfinance/id1554934665?uo=4
LinkedIn - https://www.linkedin.com/in/anthony-fatseas-761066103/
Twitter - https://twitter.com/AnthonyFatseas
On todays podcast I had the privilege of hosting Derrick Kinney, Founder of the Good Money Framework, Host of the Good Money Podcast and author of the recently released book “Good Money Revolution: How to Make More Money to Do More Good”.
On the podcast we talked about how important it is to analyse your performance, the three good money levers and building investing habits. I hope you enjoy!
First 5 Chapters for Free -
https://www.goodmoneyframework.com/freechapters
Buy the book here -
Amazon - https://www.amazon.co.uk/Good-Money-Revolution-Make-More-ebook/dp/B09QRMK584/
Derrick Kinney -
Website - https://www.goodmoneyframework.com/
iTunes - https://podcasts.apple.com/us/podcast/good-money-with-derrick-kinney/id1531522259
Spotify - https://open.spotify.com/show/7bgirhL9e0Xy7N1NfC6FTE?si=6d23a3ff0cf34129
Instagram - https://www.instagram.com/derricktkinney/
WTFinance -
Website - https://www.wtfinance.online/
Instagram - https://www.instagram.com/wtfinancee/
Spotify - https://open.spotify.com/show/67rpmjG92PNBW0doLyPvfn
TikTok - https://vm.tiktok.com/ZMeUjj9xV/
iTunes - https://podcasts.apple.com/us/podcast/wtfinance/id1554934665?uo=4
LinkedIn - https://www.linkedin.com/in/anthony-fatseas-761066103/
Twitter - https://twitter.com/AnthonyFatseas
After boldly selling his successful financial planning business, Derrick launched Good Money Framework and the popular Good Money Podcast, where he interviews the world’s top business professionals, influencers, authors and leaders to inspire listeners to build their net worth for good.
Derrick believes money is not bad, and good people — just like you — should have more of it to do more good in the world. His mission is to teach others how negative beliefs about money are holding them back, and how to change their money mindset for the better. Helping make complex financial topics easy-to-understand, Derrick is a regular on local and national media where he has been interviewed on CNBC, FOX News, CNN, FOX Business, PBS, the Wall Street Journal and Money Magazine, and was ranked by Forbes as a Best-In-State Wealth Advisor in 2020.
On todays podcast I had the privilege of hosting Christopher Volk, co-founder and former CEO of STORE Capital (NYSE: STOR) and author of the upcoming book " The Value Equation: A Business Guide to Creating Wealth for Entrepreneurs, Investors, and Business Leaders” which is available in May, 2022.
On the podcast we talked about how you are more likely to be a billionaire than win the lottery, the Six variables of analysing a company, value vs growth investing over the coming years and best piece of advice Chris has received. I hope you enjoy!
The Book -
Wiley - https://www.wiley.com/en-us/The+Value+Equation:+A+Business+Guide+to+Wealth+Creation+for+Entrepreneurs,+Leaders+&+Investors-p-9781119875642
Amazon - https://www.amazon.com/Value-Equation-Business-Entrepreneurs-Investors/dp/1119875641
0:00 - Introduction
0:36 - What was your influence for writing the book?
3:20 - How did students find the information?
6:05 - More likely to become a billionaire than win the lottery
8:02 - The Six Variables
14:17 - Beat the average returns
16:14 - Are others overcomplicating their analysis?
19:18 - One of the biggest mistakes business make is running out of cash
21:40 - Buy a good company, pay a premium
23:10 - Any other variables?
25:20 - What business models should investors be analysing?
27:10 - Value investing vs growth over the coming years?
28:50 - Are there any red flags that you keep an eye on?
35:15 - Accounting systems
35:35 - Future of the US Housing Market
39:38 - Best piece piece of advice Chris has received?
41:05 - What is the message you would like listeners to takeaway from the book?
Christopher Volk, author of THE VALUE EQUATION, has been instrumental in leading and publicly listing three successful companies, two of which he co-founded. The most recent is STORE Capital (NYSE: “STOR”) where he served as founding chief executive officer and then as executive chairman. Volk, who has written about corporate finance since early in his career and has created an award-winning video series about the topic, is a regional winner of EYs’ Entrepreneur of the Year award. He resides in Paradise Valley, Arizona, and Huntsville, Alabama.
Christopher Volk -
Website - http://www.thevalueequation.com/
LinkedIn - https://www.linkedin.com/in/christopher-volk-86848b3/
Article - https://medium.com/authority-magazine/author-christopher-volk-5-things-every-ceo-should-know-about-navigating-the-world-of-finance-58c07fa208c
WTFinance -
Website - https://www.wtfinance.online/
Instagram - https://www.instagram.com/wtfinancee/
Spotify - https://open.spotify.com/show/67rpmjG92PNBW0doLyPvfn
TikTok - https://vm.tiktok.com/ZMeUjj9xV/
iTunes - https://podcasts.apple.com/us/podcast/wtfinance/id1554934665?uo=4
LinkedIn - https://www.linkedin.com/in/anthony-fatseas-761066103/
Twitter - https://twitter.com/AnthonyFatseas
On todays episode I had the privilege to host Dr Anas Alhaji, a world-renowned energy markets expert, researcher and author.
Throughout the podcast we talked about the recent the current state of the energy markets, historical examples of energy crisis', misconception most have about the energy markets and indicators to watch out for. I hope you enjoy!
Dr. Anas F. Alhajji is a world-renowned energy markets expert, researcher, author, and a speaker with more than 900 papers, articles and columns to his credit. He advises governments, companies, financial institution and investors on various energy markets issues. He focuses on oil and gas market outlook, energy geopolitics, energy security, and the impact of disruptive technologies on the supply and demand of energy.
Before his recent role as a Managing Partner at Energy Outlook Advisors LLC, he was the former Chief Economist of NGP Energy Capital Management. He led the Firm’s macro-analysis of the oil, natural gas and related markets as well as the overall economic environment. He was responsible for the short-term and long term outlooks for oil, natural gas, NGLs, and LNG markets.
Dr. Alhajji’s articles appeared in numerous countries in more than 10 languages, and his work is cited in over 60 books. He has addressed numerous companies, institutions, and national and international organizations. He also serves on the board of several energy-related publications. He is a contributing editor for the one of the industry’s premier publications: World Oil. He is also the moderator of the industry’s oldest virtual Forum: Oil, Gas, & Energy Law (OGEL)
Prior to joining NGP, Dr. Alhajji taught economics at the University of Oklahoma (1995 to 1997), the Colorado School of Mines (1997 to 2001), and Ohio Northern University (2001 to 2008), where he held the George Patton Chair of Business and Economics. Dr. Alhajji taught courses in economics, energy economics and policy, and energy geopolitics.
Dr. Alhajji was educated in Syria, Saudi Arabia, and the United States. He holds M.A. in Economics, and a Ph.D. in Economics from the University of Oklahoma, with a specialization in energy economics and policy. He received many awards including the Teaching Excellence Award and the Outstanding Mentor Award in addition to many prizes in woodworking.
Dr Anas Alhajji -
Website - https://www.anasalhajji.com/
Twitter - https://twitter.com/anasalhajji
LinkedIn - https://www.linkedin.com/in/anas-alhajji/
Attaqa - https://attaqa.net/
WTFinance -
Website - https://www.wtfinance.online/
Instagram - https://www.instagram.com/wtfinancee/
Spotify - https://open.spotify.com/show/67rpmjG92PNBW0doLyPvfn
TikTok - https://vm.tiktok.com/ZMeUjj9xV/
iTunes - https://podcasts.apple.com/us/podcast/wtfinance/id1554934665?uo=4
LinkedIn - https://www.linkedin.com/in/anthony-fatseas-761066103/
Twitter - https://twitter.com/AnthonyFatseas
On todays podcast I was happy to host Mary Childs, co-host of NPR’s Planet Money, a podcast I have enjoyed for quite a while, and author of the recently released book “The Bond King: How One Man Made a Market, Built an Empire, and Lost It All”.
Throughout our conversation we talked about who Bill Gross really is, how he created the secondary bond market, pushed everyone to the limit and his eventual decline. I hope you enjoy!
Mary Childs is a financial journalist. She’s a co-host of National Public Radio’s Planet Money.
Mary was a Watson Fellow, painting portraits, and was a 2015 Tribeca Disruptive Innovation Honoree. Over the past decade+, Mary has consulted for HBO on a finance-y show, been on finance TV, and written for Barron's magazine, the Financial Times, and Bloomberg News.
She has recently wrote a book about Bill Gross, PIMCO, and the bond market, published by Flatiron Books. You can buy the book here -
Independent - https://uk.bookshop.org/books/the-bond-king-how-one-man-made-a-market-built-an-empire-and-lost-it-all/9781250120847
Amazon - https://www.amazon.co.uk/Bond-King-Market-Built-Empire-ebook/dp/B08QGKKYX1/
Mary -
Website - http://www.marychilds.com/
Twitter - https://twitter.com/mdc
LinkedIn - https://www.linkedin.com/in/mary-childs-6940a178/
WTFinance -
Website - https://www.wtfinance.online/
Instagram - https://www.instagram.com/wtfinancee/
Spotify - https://open.spotify.com/show/67rpmjG92PNBW0doLyPvfn
TikTok - https://vm.tiktok.com/ZMeUjj9xV/
iTunes - https://podcasts.apple.com/us/podcast/wtfinance/id1554934665?uo=4
LinkedIn - https://www.linkedin.com/in/anthony-fatseas-761066103/
Twitter - https://twitter.com/AnthonyFatseas
On todays podcast I was happy to host Nick Maggiulli, Creator of Of Dollars and Data, Chief Operating Officer at Ritholtz Wealth Management and author of the upcoming book "Just Keep Buying: Proven ways to save money and build your wealth", released on the 12th of April.
Buy book here -
Kindle - https://www.amazon.co.uk/Just-Keep-Buying-Proven-wealth-ebook/dp/B09FYHZXBN/
Hardcover - https://www.amazon.co.uk/Just-Keep-Buying-Proven-wealth/dp/0857199714/
Audio - https://www.amazon.co.uk/Just-Keep-Buying-Proven-Wealth/dp/B09RRPCBDJ/
Harraman - https://www.harriman-house.com/justkeepbuying
On the podcast we talked about why many of Nicks suggestions go against traditional finance advice, why you should just keep buying (if you hadn't gotten it yet!) and why you'll never feel rich. I hope you enjoy!
0:00 - Introduction
0:25 - Influence for writing the book?
1:32 - Unique entry into Finance
2:10 - Using Data
2:45 - When did you start investing?
3:44 - Just Keep Buying
5:20 - How do you start you analysis and get ideas?
7:39 - Why does a lot of your suggestions go against traditional advice?
13:36 - Why do people overlook savings to focus on investing?
16:07 - Consistency
20:23 - Selling before the high
22:05 - Should people focus on Macroeconomics?
24:30 - Was there any asset that performed when the yield curve inverted?
25:35 - Taxing Unrealised Gains
28:15 - US Sovereign Wealth Fund?
30:35 - How to reduce emotions during massive market volatility?
34:05 - US and other economies follow Japan’s example?
35:15 - You’ll never feel like you are rich
38:55 - What is one message you would like viewers to take away from our interview?
Nick Maggiulli -
Website - https://ofdollarsanddata.com/
Twitter - https://twitter.com/dollarsanddata
LinkedIn - https://www.linkedin.com/in/nicholasmaggiulli/
WTFinance -
Website - https://www.wtfinance.online/
Instagram - https://www.instagram.com/wtfinancee/
Spotify - https://open.spotify.com/show/67rpmjG92PNBW0doLyPvfn
TikTok - https://vm.tiktok.com/ZMeUjj9xV/
iTunes - https://podcasts.apple.com/us/podcast/wtfinance/id1554934665?uo=4
LinkedIn - https://www.linkedin.com/in/anthony-fatseas-761066103/
Twitter - https://twitter.com/AnthonyFatseas
On todays episode of the podcast I am happy to have hosted Russell Clark, Former CEO and CIO of Russell Clark Investment Management.
On the podcast we talked about food inflation, how the Russia-Ukraine conflict and other factors have influenced the current inflation, the impact on current geopolitical dynamics and whether we will see a period similar to the 1970's. I hope you enjoy!
0:00 - Introduction
0:22 - Food Inflation
2:50 - Why has China become reliant for food imports?
6:27 - All fathoms are politically driven rather than supply driven
11:43 - Ukraine - Russia impact on China economy
13:20 - Food and Wage Inflation
15:58 - North Africa and Middle East exposure to gain exports from Russia & Ukraine
17:19 - Can economies take an accelerated increase of interest rates?
20:54 - Do you see countries looking inwards and onshoring?
27:08 - Why this Food Inflation may be different to the past?
31:50 - Will we see a repeat of the 70’s? High Wage and Commodity Inflation?
34:55 - Will we see US Dollar strength with these changes?
37:10 - Will we see a move to the markets/economy as it was before 2008?
38:32 - Do you normally spend a long time before making investments?
40:27 - Can you give an example of some of your warnings?
44:41 - One piece of advice from the interview?
47:28 - Where to find Russell’s work?
Russell has 20 years experience in the investment business across multiple countries. He was recently the CIO & CEO of Russell Clark Investment Management, where he was a multi award winning hedge fund manager. Russell pioneered the use of Net International Investment Position data in currency analysis and was a leading exponent of utilising currency volatility in short selling.
Russell -
Newsletter: https://www.russell-clark.com/
Twitter: https://twitter.com/rampagingruss
LinkedIn: https://www.linkedin.com/in/russell-clark-2239273/
WTFinance -
Website - https://www.wtfinance.online/
Instagram - https://www.instagram.com/wtfinancee/
Spotify - https://open.spotify.com/show/67rpmjG92PNBW0doLyPvfn
TikTok - https://vm.tiktok.com/ZMeUjj9xV/
iTunes - https://podcasts.apple.com/us/podcast/wtfinance/id1554934665?uo=4
LinkedIn - https://www.linkedin.com/in/anthony-fatseas-761066103/
Twitter - https://twitter.com/AnthonyFatseas
On this weeks episode of the podcast I was happy to host Carlos and Vitaly from Freelancer Finance.
On this episode we talked about their investment journey, process of finding high conviction investments, having a goal to cash out at and analysis of multiple companies. I hope you enjoy!
0:00 - Tesla
3:20 - Ark selling a lot of their Tesla
6:00 - Vitaly investing journey
11:05 - Carlos investing journey
13:45 - Introduction to Crypto
22:45 - What is your process for finding your high conviction plays?
25:55 - Enphase
31.05 - Tesla the next Apple?
38:40 - Why I started the podcast?
41:30 - Ocado
49:20 - How important do you believe management is for an investment?
56:10 - Palantir
57:14 - How Vitaly's investment philosophy has changed
1:05:50 - Complexity of Finance industry
1:09:15 - Cashing out
1:13:55 - F.I.R.E - Financial Independence, Retire Early
1:17:55 - Freelancer Finance
Freelancer Finance are Freelancers and Investors looking to reach retirement in the next 5 years ( maybe 10 :) ). On their channel they discuss Investing in Stocks, Making Money, Passive Income, and Real Estate. They have interviews with CEO's, Industry Leaders and Other Financial Youtubers as well to gain insight into what they are investing in or looking further into.
Freelancer Finance:
YouTube - https://www.youtube.com/c/FreelancerFinance
Patreon - https://www.patreon.com/freelancerfinance
Twitter - https://twitter.com/FinanceLancer
Discord - https://discord.com/invite/kMsWrqCqxQ
WTFinance:
Website - https://www.wtfinance.online/
Instagram - https://www.instagram.com/wtfinancee/
Spotify - https://open.spotify.com/show/67rpmjG92PNBW0doLyPvfn
TikTok - https://vm.tiktok.com/ZMeUjj9xV/
iTunes - https://podcasts.apple.com/us/podcast/wtfinance/id1554934665?uo=4
LinkedIn - https://www.linkedin.com/in/anthony-fatseas-761066103/
Twitter - https://twitter.com/AnthonyFatseas
On this weeks we hosted Alex Morris, Founder of The Science of Hitting Investment Research.
On the podcast we talked about how investment failures shaped Alex's philosophy, concentration vs diversification and best piece of advice Alex has received. I hope you enjoy!
0:00 - Introduction
0:38 - How your investment failures shaped your investment philosophy?
4:00 - “Each company had already lost some standard in comparison to the customer”
6:15 - Who has influenced yours style of investing?
8:00 - Mix of value vs growth investments
9:18 - Has there been a time where your investment theory has changed?
12:10 - Already had concerns about position?
13:10 - Why have you decided to focus on concentration rather than diversification?
16:27 - Breaking up big conglomerates
18:30 - Why is the market so volatile?
22:40 - Focusing intrinsically rather than extrinsically
26:25 - What are the roles in your portfolio?
28:50 - Position Sizing
30:05 - Best piece of advice?
31:30 - How do you analyse new companies?
33:15 - How long would it take for you to analyse a stock?
38:25 - There is no right and wrong investor
39:15 - One message to takeaway from the interview?
Alex is a long-term investors and former buyside equities analyst with 10 years of industry experience, most recently as part of a four person investment team responsible for allocating $1.2 billion in client assets. In April 2021, Alex launched TSOH Investment Research service, with the goal of providing completely transparency for his research process and investment strategy.
Alex -
Website - https://thescienceofhitting.com/
Twitter - https://twitter.com/TSOH_Investing
LinkedIn - https://www.linkedin.com/in/alex-morris-cfa-47b87027/
WTFinance
Instagram - https://www.instagram.com/wtfinancee/
Spotify - https://open.spotify.com/show/67rpmjG92PNBW0doLyPvfn
TikTok - https://vm.tiktok.com/ZMeUjj9xV/
iTunes - https://podcasts.apple.com/us/podcast/wtfinance/id1554934665?uo=4
LinkedIn - https://www.linkedin.com/in/anthony-fatseas-761066103/
Twitter - https://twitter.com/AnthonyFatseas
On todays podcast I am happy to have hosted Dominique Mielle, Former partner and Senior Portfolio manager at Canyon Capital, a $25 billion hedge fund and author of the recently released book “Damsel in Distressed: My Life in the Golden Age of Hedge Funds”.
On the podcast we talk about her book, why investing requires imagination, how a good deal is a deal where no one is happy and the state of the current Hedge Fund industry.
I hope you enjoy!
Buy the book here -
Amazon - https://www.amazon.co.uk/Damsel-Distressed-Golden-Hedge-Funds/dp/1642939722/
Kindle - https://www.amazon.co.uk/Damsel-Distressed-Golden-Hedge-Funds-ebook/dp/B0988B7HSC/
0:00 - Introduction
0:50 - Influence for writing the book?
2:20 - Mystique behind Hedge Funds
3:55 - Why investing requires imagination?
6:59 - A good deal is a deal where no one is happy
9:30 - Why was distressed investing so profitable between 2000-2008
12:40 - Losing Trades
15:10 - Losses Happening early in your career
16:30 - Advice for people entering the industry?
19:45 - Hard getting into the industry
20:20 - Why are distressed investors not ‘vultures’?
23:55 - Excitement from a great investment
24:40 - How has the hedge fund industry evolved over the past 20 years?
28:00 - Too much money chasing too few assets
31:09 - What is your prediction for the future of Hedge Funds?
Dominique spent twenty years as a partner and senior portfolio manager at Canyon Capital. In 2017, she was named of the “50 Leading Women in Hedge Funds” by the Hedge Fund Journal and E&Y.
Dominique was one of the only senior women in the hedge fund business and played a key role in complicated bankruptcies, serving as leading creditor’s committee member for Puerto Rico, and restructuring committee member for U.S airlines in the wake of the September 11 attacks.
Dominique -
Website - https://dominiquemielle.com/
LinkedIn - https://www.linkedin.com/in/dominique-mielle/
Twitter - https://twitter.com/dominiquemielle
WTFinance -
Instagram - https://www.instagram.com/wtfinancee/
Spotify - https://open.spotify.com/show/67rpmjG92PNBW0doLyPvfn
TikTok - https://vm.tiktok.com/ZMeUjj9xV/
iTunes - https://podcasts.apple.com/us/podcast/wtfinance/id1554934665?uo=4
LinkedIn - https://www.linkedin.com/in/anthony-fatseas-761066103/
Twitter - https://twitter.com/AnthonyFatseas
On this weeks episode we hosted Amit Kukreja, founder of Audea.io and
Palantir evangelist.
On this weeks episode we talk about Amit's Investment Journey, Palantir (obviously), Network Effects, the BioTech company he never talks about and thoughts on Alex Karp. I hope you enjoy!
0:30 - How did you get into this world of investing?
2:30 - What mistakes did you make when starting investing?
5:00 - Analysis of Palantir and long term outlook
7:30 - Data
8:40 - Network Effects
9:35 - Do you think they will have struggle scaling?
11:00 - Why has Palantir gone down?
12:35 - Might seen inversion of markets at Q3 2022
13:05 - How do you keep the faith and don’t get concerned about the losses?
15:15 - What is your investment process and how do you analyse a company?
19:30 - What are your thoughts on Alex Karp?
22:25 - What is your Biotech stock you are invested in?
30:30 - Cathie Wood selling Palantir?
35:15 - One message to take away from the interview
Amit covers stocks and tech on YouTube channel, as well as so much more. He is also long PLTR (if you couldn't guess).
Amit -
YouTube - https://www.youtube.com/channel/UCjZnbgPb08NFg7MHyPQRZ3Q
Twitter - https://twitter.com/amitisinvesting
Patreon - https://www.patreon.com/amitkukreja
WTFinance
Instagram - https://www.instagram.com/wtfinancee/
Spotify - https://open.spotify.com/show/67rpmjG92PNBW0doLyPvfn
TikTok - https://vm.tiktok.com/ZMeUjj9xV/
iTunes - https://podcasts.apple.com/us/podcast/wtfinance/id1554934665?uo=4
LinkedIn - https://www.linkedin.com/in/anthony-fatseas-761066103/
Twitter - https://twitter.com/AnthonyFatseas
Buy the Book Here -
Kindle - https://www.amazon.co.uk/Asias-Stock-Markets-Ground-Up-ebook/dp/B09J4WBYHL/
Hardcover - https://www.amazon.co.uk/Asias-Stock-Markets-Ground-Up/dp/9814974625/
On this weeks episode I hosted Herald van der Linde, Chief Asia Equity Strategist at HSBC and author of the recently released book "Asia’s Stock Markets from the Ground Up".
On this podcast we talked about how retail investors can invest in Asia, misconceptions about the Asian Markets, most underrated Asian market and . I hope you enjoy!
0:22 - Influence for writing the book?
2:50 - Many Asian ETFs just focus on China
4:05 - Under analysed companies throughout Asia
5:10 - High retail trader presence in Asia
6:00 - How did you end up in Asia?
9:00 - What are the misconceptions of Asian markets?
11:15 - India and Indonesia independent from China sphere of influence
13:00 - Countries benefiting from US-China trade war?
13:50 - Opportunities in Bangladesh?
15:50 - Increase in domestic consumption
17:05 - Changing demographics
20:10 - Trends to be watching in the region?
22:05 - Which Asian market do you think are underrated?
23:20 - What is your investment strategy?
25:45 - High exposure to commodities and US Dollar price
27:10 - How will US interest rate increase impact investing in Asia?
28:24 - Do you see any similarities between now and the Asian Financial Crisis in the late 1990’s?
31:20 - Cultural intricacies between Asian countries
32:30 - Advice for people pursuing a career investing in Asia?
34:20 - One message to take away from the book?
Herald van der Linde is HSBC’s Head of Equity Strategy, Asia Pacific. He joined the bank in 2005 and came to HSBC with 20 years of experience in various roles, including stock analyst, equity strategist and country head of research in Indonesia, South Africa and Taiwan. He is a Chartered Financial Analyst (CFA), speaks seven languages and has an MSc in Economics, for which he wrote a thesis on Indonesia’s central bank in Jakarta in 1993.
Herald is also an Associate of the Institute of Wine and Spirits and is a certified lecturer for the Wine & Spirit Education Trust (WSET). He sits on the advisory committee for the China Studies programme at Hong Kong’s Baptist University, the author of Jakarta: History of a Misunderstood City, published in 2020 and Asia’s Stock Markets from the Ground Up in October, 2021.
Herald van der Linde -
Twitter - https://twitter.com/HeraldLinde
LinkedIn - https://www.linkedin.com/in/herald-van-der-linde-a1699512/
WTFinance
Instagram - https://www.instagram.com/wtfinancee/
Spotify - https://open.spotify.com/show/67rpmjG92PNBW0doLyPvfn
TikTok - https://vm.tiktok.com/ZMeUjj9xV/
iTunes - https://podcasts.apple.com/us/podcast/wtfinance/id1554934665?uo=4
LinkedIn - https://www.linkedin.com/in/anthony-fatseas-761066103/
Twitter - https://twitter.com/AnthonyFatseas
On this weeks episode of the WTFinance podcast we are happy to be hosting Brian Feroldi - Author, Writer and YouTuber.
During the interview we talk about the Feroldi Quality Score Framework, Brian's influences for his investment framework, the impact Macroeconomic trends have on investing and Health Tech. I hope you enjoy!
0:00 - Introduction
0:40 - Why did you keep investing despite early setbacks?
3:50 - How did you create the Feroldi Quality Score Framework
8:40 - What were your influences for your investing framework and has this changed over your career?
11:05 - Has the markets trend over the past 14 years benefiting growth stocks shaped your framework?
12:45 - 3 Most Important things from the Framework?
16:10 - Do you see Tesla becoming the next Apple with its network effects?
17:50 - Do you take Global Macroeconomic trends into account when investing?
23:20 - When you enter an ETF matters
24:25 - How do you prevent yourself panicking during massive downside moves?
27:05 - Peloton - Current example of bad results - bad price movement
28:10 - How do you incorporate great companies into your portfolio allocation?
32:00 - How do you balance investing in future trends while finding valuable companies?
36:40 - Does your framework change for Health Tech and Pharmaceutical companies?
38:05 - One message for listeners to takeaway from our interview?
Brian Feroldi has been intensely interested in money, personal finance, and investing ever since he graduated from college.
Brian started investing in 2004. In the beginning, he had no idea what he was doing and got his teeth kicked in. His returns improved dramatically over time as his experience and knowledge about the stock market grew.
In 2015, Brian became a writer for the Motley Fool. He has since written more than 3,000 articles on stocks, investing, and personal finance. He has also appeared on hundreds of podcasts, videos, and live streams.
In 2021, Brian launched a YouTube channel. It garnered more than 40,000 subscribers and over 1 million views in its first year.
In 2022, Brian’s book Why Does The Stock Market Go Up? was published. Brian lives in New England with his wife and three kids.
Brian Feroldi
Website - https://www.brianferoldi.com/
YouTube - https://www.youtube.com/channel/UCs60_Z83HU76uygzHRQl0kA
Twitter - https://twitter.com/BrianFeroldi
LinkedIn - https://www.linkedin.com/in/brianferoldi/
Framework - https://brianferoldi.gumroad.com/l/zWXye
Book - https://www.amazon.co.uk/gp/product/B09NQQKZ9G/
WTFinance
Instagram - https://www.instagram.com/wtfinancee/
Spotify - https://open.spotify.com/show/67rpmjG92PNBW0doLyPvfn
TikTok - https://vm.tiktok.com/ZMeUjj9xV/
iTunes - https://podcasts.apple.com/us/podcast/wtfinance/id1554934665?uo=4
LinkedIn - https://www.linkedin.com/in/anthony-fatseas-761066103/
Twitter - https://twitter.com/AnthonyFatseas
On this weeks podcast I am happy to have hosted Alex Gurevich, Founder and CEO of HonTe Investments and author of the recently released book " The Trades of March 2020 - A Shield Against Uncertainty".
Buy the Book Here -
Kindle - https://www.amazon.co.uk/Trades-March-2020-against-Uncertainty-ebook/dp/B09NX372KG/
Paperback - https://www.amazon.co.uk/Trades-March-2020-against-Uncertainty/dp/1544525133/
On the podcast we talk about the book, the underperformance of Global Macro Investing, can the FED afford to raise interest rates, why Alex did so well in the first week of March and the Beanie Baby Theory. I hope you enjoy!
0:00 - Introduction
0:22 - What was your influence for writing the book?
4:50 - First hand account of a fund manager
5:35 - What importance do you give to a shield? (Books title)
12:25 - Underperformance of global macro and active investing over the past 12 years
16:44 - What does a Investment Manager specialising in Long Horizon Discretionary Global Macro Trading? How is that strategy different to other strategies?
21:50 - How had the markets changed in 2018?
26:12 - Opinion on the FED hiking 3-4 times this year?
31:28 - Can the FED afford to raise interest rates too high?
32:43 - Why did you do so well in the first week of March 2020?
35:33 - Don’t stop when on a winning streak
39:10 - What changed in the second and third week of March?
42:09 - What is the Beanie Baby Theory?
46:38 - What is one message you would like listeners to take away from the book?
Alex Gurevich is the Founder and CIO of HonTe Advisors, LLC. Alex has been involved in trading for over 20 years; holding various roles on Wall Street that included the launch of fixed income derivative trading franchises as well as running the macro book at JP Morgan. More recently, Alex has transformed his very successful family office into a global macro strategy suitable for institutional investors. He is the author of The Next Perfect Trade, published in 2015, which articulates his rigorous trade selection and investment process. Alex was born and raised in St. Petersburg, Russia and earned his PhD in mathematics from the University of Chicago.
Alex Gurevich -
Twitter - https://twitter.com/agurevich23
LinkedIn - https://www.linkedin.com/in/alex-gurevich-23a358105/
WTFinance -
Instagram - https://www.instagram.com/wtfinancee/
Spotify - https://open.spotify.com/show/67rpmjG92PNBW0doLyPvfn
TikTok - https://vm.tiktok.com/ZMeUjj9xV/
iTunes - https://podcasts.apple.com/us/podcast/wtfinance/id1554934665?uo=4
LinkedIn - https://www.linkedin.com/in/anthony-fatseas-761066103/
Twitter - https://twitter.com/AnthonyFatseas
On todays podcast I am happy to be hosting Spencer Jakab, Editor of the "Heard on the Street" column at The Wall Street Journal and Author of the recently released book "The Revolution That Wasn't: GameStop, Reddit, and the Fleecing of Small Investors".
On the podcast we talk about what Wall Street Bets is, the events leading up to the GameStop short squeeze, why Robinhood halted trading and why it wasn't a revolution.
0:00 - Introduction
0:22 - Influence for writing the book?
3:30 - How did WallStreetBets start and what attracted so many like minded people to the group?
7:30 - Wall Street makes money from volatility
10:40 - How traders started gambling
18:25 - Who was Keith Gill and what attracted people to his investment ideas?
22:55 - Other short squeezes
30:15 - Taking advantage of Wall Street Bets
31:55 - Why Robinhood halted trading?
38:40 - Why it wasn’t a Revolution
44:00 - Do you believe Hedge Funds have learnt from this situation?
Spencer is the editor of “Heard on the Street,” the Wall Street Journal’s financial and economic analysis column. Before joining Heard as Deputy Editor in 2015 he wrote the “Ahead of the Tape” column which ran each weekday and previewed the day’s most important economic or business event. Before that Spencer wrote “Lex” for Britain’s Financial Times.
Spencer's first career was in finance. He lived in Europe for a decade, mostly working as an emerging markets stock analyst and later the head of a research team at a big bank. He learned a lot, travelled to some very cool places, but got bored with corporate life and decided to write about money instead of making so darn much of it.
Spencer earned a master’s degree in international affairs from Columbia University, a certificate from Columbia’s Harriman Institute, and a B.A. in political science from Brandeis University.
Spencer Jakab -
Website - https://spencerjakab.com/
Twitter - https://twitter.com/Spencerjakab
LinkedIn - https://www.linkedin.com/in/spencer-jakab-43b635b/
WTFinance -
Instagram - https://www.instagram.com/wtfinancee/
Spotify - https://open.spotify.com/show/67rpmjG92PNBW0doLyPvfn
TikTok - https://vm.tiktok.com/ZMeUjj9xV/
iTunes - https://podcasts.apple.com/us/podcast/wtfinance/id1554934665?uo=4
LinkedIn - https://www.linkedin.com/in/anthony-fatseas-761066103/
Twitter - https://twitter.com/AnthonyFatseas
On todays podcast we are happy to be hosting Christopher Leonard, a New York Times bestselling journalist and author of the recently released book “The Lords of Easy Money - How the Federal Reserve Broke the American Economy”.
On the podcast we talk about the book, why the FED was created, how this changed with the implementation of Quantitative Easing and how these actions have led to the asset inflation we have seen over the past 13 years. I hope you enjoy!
You can buy the book here -
Kindle - https://www.amazon.co.uk/Lords-Easy-Money-Federal-American-ebook/dp/B09843RVM5/
Hardcover - https://www.amazon.co.uk/Lords-Easy-Money-Federal-American/dp/1982166630/
0:00 - Podcast Introduction
0:22 - What influenced Chris to write the book?
2:50 - People treat QE as a necessary evil, but it didn’t have to be the case
4:37 - Who is Thomas Hoenig and why is he so important to the story?
8:00 - The need for consensus in the FED
11:35 - Why was the FED created and how did QE change their meaning?
16:40 - How the 70’s and the actions taken then compare to today?
22:10 - Price increases leading to instability
24:00 - How many people have dropped from the middle class
26:55 - Why QE hasn’t trickled down and stayed in many financial tools?
31:10 - Greenspan Put and how that increases risk appetite in the market?
35:00 - Stark increase in the gap between Middle Class and Upper Class
37:00 - The FEDs bailing out highly leveraged Hedge Funds in 2019
41:50 - Why did the FED complicate their communications?
48:55 - Linked to transitory inflation and how the FED denied for as long as possible
51:05 - Why did Jerome Powell’s views change while being a part of the FED?
59:30 - One message to take away from the interview?
Christopher Leonard is a business reporter whose work has appeared in The Washington Post, The Wall Street Journal, Fortune, and Bloomberg Businessweek. He is the author of The Lords of Easy Money, The Meat Racket and Kochland, which won the J. Anthony Lukas Work-In-Progress Award.
Christopher Leonard -
Website - http://www.christopherleonard.biz/
Twitter - https://twitter.com/CLeonardNews
LinkedIn - https://www.linkedin.com/in/christopher-leonard-605a767/
Facebook - https://www.facebook.com/ChristopherLeonardAuthor/?ref=page_internal
WTFinance -
Instagram - https://www.instagram.com/wtfinancee/
Spotify - https://open.spotify.com/show/67rpmjG92PNBW0doLyPvfn
TikTok - https://vm.tiktok.com/ZMeUjj9xV/
iTunes - https://podcasts.apple.com/us/podcast/wtfinance/id1554934665?uo=4
LinkedIn - https://www.linkedin.com/in/anthony-fatseas-761066103/
Twitter - https://twitter.com/AnthonyFatseas
On todays podcast we are happy to be hosting James A Fok, author of the book " Financial Cold War: A View of Sino-US Relations from the Financial Markets".
On the podcast we talk about the book, what is the Financial Cold War, why the conflict is different to the Cold War between the US and USSR and what solutions could resolve the tensions between the two countries.
You can buy the book here -
Amazon - https://www.amazon.co.uk/Financial-Cold-War-Sino-US-Relations-ebook/dp/B09NTB7P3Z/ref=sr_1_3?crid=1WZ88SHXSZ2EY&keywords=The+Financial+Cold+War&qid=
James Fok is a veteran financial and strategic advisor to corporations and governments. He served as a senior executive at Hong Kong Exchanges and Clearing (HKEX) from 2012 until 2021, during a period of rapid internationalisation in China's capital markets. While there, he played a major role in a number of landmark financial markets initiatives, including the launch of the Shanghai-Hong Kong Stock Connect programme (2014), Bond Connect (2017) and the Hong Kong market's Listing Reforms (2018). Prior to HKEX, Fok worked as an investment banker in both Europe and Asia, specialising in the financial services sector.
Fok has written and spoken extensively about market structure issues and the intersection between geopolitics and international finance. He serves or has served on a number of financial industry bodies, including Ireland for Finance's Industry Advisory Committee (2021-), the Executive Board of the International Securities Services Association (2018-21), and the Financial Services Advisory Committee of the Hong Kong Trade and Development Council (2014-21). He is also a member of the Advisory Board of Hex Trust (2021-).
Fok holds a BA (Hons) from the School of Oriental and African Studies of the University of London. He lives in Hong Kong with his wife and two sons.
James Fok:
Website - https://jamesafok.com/
LinkedIn - https://www.linkedin.com/in/james-fok-24082237/
WTFinance:
Instagram - https://www.instagram.com/wtfinancee/
Spotify - https://open.spotify.com/show/67rpmjG92PNBW0doLyPvfn
TikTok - https://vm.tiktok.com/ZMeUjj9xV/
iTunes - https://podcasts.apple.com/us/podcast/wtfinance/id1554934665?uo=4
Linkedin - https://www.linkedin.com/in/anthony-fatseas-761066103/
Twitter - https://twitter.com/AnthonyFatseas
On this weeks podcast I am happy to be hosting Rupert Russell - Writer, Filmmaker and author of the upcoming book "Price Wars: How Chaotic Markets Are Creating a Chaotic World", released on the 27th of January.
On the podcast we talk about how traders influence instability through commodity markets, the butterfly effect and how climate change will amplify the current effects.
Buy the Book -
Amazon Hardcover - https://www.amazon.co.uk/Profit-Loss-Rupert-Russell/dp/1474613977/ref=tmm_hrd_swatch_0?_encoding=UTF8&qid=1641911599&sr=8-2
Amazon Kindle - https://www.amazon.co.uk/Price-Wars-Adventures-Financial-Apocalypse-ebook/dp/&sr=8-2
Publisher - https://www.penguinrandomhouse.com/books/622647/price-wars-by-rupert-russell/#
RUPERT RUSSELL is a writer, director, and author.
He received a Double-Starred First in the Social and Political Sciences from Jesus College, Cambridge, and a Ph.D. from Harvard University in Sociology, where he was National Science Foundation Graduate Research Fellow.
His feature debut, Freedom for the Wolf, charted the global crisis of democracy, won the Audience Award at the Slamdance Film Festival and was nominated for the Cinema for Peace ‘Most Valuable Film of the Year’ Award during Berlinale 2019.
Price Wars: How Chaotic Markets are Creating a Chaotic World traces the origins of the chaotic decade - from Trump and Brexit to Syria and Ukraine to the climate crisis and the global refugee crisis - back to the world's financial markets. It is both a feature documentary film that aired on ARTE and a book to be published in January 2022 by Doubleday (Penguin Random House) in the US and Weidenfeld & Nicolson (Hachette) in the UK.
He is a member of the LGBTQ+ community and has directed commercials celebrating Pride for HSBC.
Rupert -
Website - https://www.rupertrussell.com/
Twitter - https://twitter.com/rupert_russell
Instagram - https://www.instagram.com/rupertrussell/
WTFinance:
Instagram - https://www.instagram.com/wtfinancee/
Spotify - https://open.spotify.com/show/67rpmjG92PNBW0doLyPvfn
TikTok - https://vm.tiktok.com/ZMeUjj9xV/
iTunes - https://podcasts.apple.com/us/podcast/wtfinance/id1554934665?uo=4
Linkedin - https://www.linkedin.com/in/anthony-fatseas-761066103/
Twitter - https://twitter.com/AnthonyFatseas
Disclaimer - The interview is for entertainment purposes only. Nothing mentioned throughout the video is intended as investment advice.
On todays podcast I am happy to be hosting Seth Levine CFA, Creator of the Integrating Investor Blog.
On todays episode we talk about how the financial crisis changed everything, changing the definition of Growth and Value stocks and the Eurodollar phenomenon. I hope you enjoy!
Seth is an analyst with 18 years of experience investing in equities, hybrids, credit derivatives, corporate bonds, levered loans, and high yield bonds in more than a dozen industries and for varying investment mandates. He is an independent thinker and writer able to identify and critically analyze key investment themes across multiple markets.
The opinions and views expressed by Seth in the video are solely his own and do not reflect those of his current or any former employer.
Seth -
Blog - https://integratinginvestor.com/
LinkedIn - https://www.linkedin.com/in/seth-levine-cfa-1a708912/
Twitter - https://twitter.com/SethLevine2
Instagram - https://www.instagram.com/theintegratinginvestor/
WTFinance:
Instagram - https://www.instagram.com/wtfinancee/
Spotify - https://open.spotify.com/show/67rpmjG92PNBW0doLyPvfn
TikTok - https://vm.tiktok.com/ZMeUjj9xV/
iTunes - https://podcasts.apple.com/us/podcast/wtfinance/id1554934665?uo=4
Linkedin - https://www.linkedin.com/in/anthony-fatseas-761066103/
Twitter - https://twitter.com/AnthonyFatseas
On todays podcast I am happy to be hosting Glen Goodman, Successful Trader and author of the book "The Crypto Trader: How anyone can make money trading Bitcoin and other cryptocurrencies".
During the interview we talked about Glens career, his trading strategy and the fallacy of HODLing.
Glen Goodman is an investor and former TV Business Correspondent. He was employed by ITN and the BBC, Britain's largest news broadcasters. Glen quit because his investing hobby had been generating a decent annual income for quite a while so he no longer needed to have a job.
Glen has been investing for two decades and like most novices he made some costly mistakes in the early years. But unlike most novices, he stuck with it, read several shelf-fulls of books & articles, and started making good money.
Glen wrote the Crypto Trader to share the combined wisdom of many of the best investors, boiled down into a system that works for him. Glen believes the more successful small investors there are, the less power the professional fund managers and bankers have over us.
Glen
Website - https://www.glengoodman.com/
Twitter - https://twitter.com/glengoodman
Facebook - https://www.facebook.com/thesharesguy/
WTFinance:
Instagram - https://www.instagram.com/wtfinancee/
Spotify - https://open.spotify.com/show/67rpmjG92PNBW0doLyPvfn
TikTok - https://vm.tiktok.com/ZMeUjj9xV/
iTunes - https://podcasts.apple.com/us/podcast/wtfinance/id1554934665?uo=4
Linkedin - https://www.linkedin.com/in/anthony-fatseas-761066103/
Twitter - https://twitter.com/AnthonyFatseas
On todays podcast I am happy to be hosting Tay Chi Keng, Alibaba Evangelist, China Enthusiast and YouTube Creator.
On the podcast we talk about Alibaba, the opportunity available with Chinese Stocks and how Chi is not worried about the current issues with antitrust and delisting's.
Chi is the host of his own YouTube channel where he gives his own opinion on Alibaba, Chinese Stocks and Investing. He is a self proclaimed Alibaba evangelist. Chi is currently studying a dual degree in Accounting & Finance at Nanyang Technological University and has experience in Wealth Management and Auditing.
Tay Chi Keng
YouTube - https://www.youtube.com/c/TayChiKeng
Twitter - https://twitter.com/taychikeng
LinkedIn - https://www.linkedin.com/in/chi-keng-tay/
WTFinance:
Instagram - https://www.instagram.com/wtfinancee/
Spotify - https://open.spotify.com/show/67rpmjG92PNBW0doLyPvfn
TikTok - https://vm.tiktok.com/ZMeUjj9xV/
iTunes - https://podcasts.apple.com/us/podcast/wtfinance/id1554934665?uo=4
Linkedin - https://www.linkedin.com/in/anthony-fatseas-761066103/
Twitter - https://twitter.com/AnthonyFatseas
Buy the book here -
Independent -https://uk.bookshop.org/books/shredded-inside-rbs-the-bank-that-broke-britain/9781780276045
Amazon - https://www.amazon.co.uk/Shredded-Inside-Britain-Revised-Updated/dp/1780276044/
On today's podcast I am happy to be hosting Ian Fraser, author of "Shredded: Inside RBS, the Bank That Broke Britain".
On the podcast we talk about the point at which RBS turned in the wrong direction, leadership incompetence and whether any issues were learnt from the catastrophe which broke Britain.
Ian Fraser is an award-winning journalist, commentator and broadcaster who writes about business, finance, politics and economics. He has written for titles including The Economist, Financial Times, The Sunday Times, The Times, Daily Telegraph, Daily Mail, Mail on Sunday, Independent on Sunday, the Herald, Sunday Herald, BBC News, Thomson Reuters, Dow Jones, Accountancy, CA Magazine and Citywire.
His book, Shredded: Inside RBS, The Bank That Broke Britain, published in June 2014, explores how and why RBS, the world’s largest company by assets at the time of its collapse, became the world’s most expensive bank to bail out. The book — based on extensive interviews with more than 120 current and former RBS insiders, advisers, politicians, and others — was longlisted for the Financial Times and McKinsey Business Book of the Year and has received positive reviews including from FT chief economics correspondent Martin Wolf.
Since March 2009, Ian has worked on programmes about the global financial crisis and its aftermath for the BBC. These have included RBS: Inside The Bank that Ran Out of Money, (a one-hour documentary that was shortlisted for Bafta), Trust Me I’m A Banker for BBC Scotland Investigates, Carry on Banking for BBC 1 Panorama and seven Radio 4 ‘File on 4’ documentaries (including Badly Behaving Bankers).
Ian Fraser -
Website - https://www.ianfraser.org/
LinkedIn - https://www.linkedin.com/in/ianfraser/
Twitter - https://twitter.com/Ian_Fraser
WTFinance:
Instagram - https://www.instagram.com/wtfinancee/
Spotify - https://open.spotify.com/show/67rpmjG92PNBW0doLyPvfn
TikTok - https://vm.tiktok.com/ZMeUjj9xV/
iTunes - https://podcasts.apple.com/us/podcast/wtfinance/id1554934665?uo=4
Linkedin - https://www.linkedin.com/in/anthony-fatseas-761066103/
Twitter - https://twitter.com/AnthonyFatseas
On todays podcast I am happy to be hosting Larry Cheung CFA, Finance and Investing educator.
On the podcast we talk about advice for entering the Finance business, investing in China and the current state of inflation.
Larry Cheung -
YouTube - https://www.youtube.com/c/LarryCheungCFA
Twitter - https://twitter.com/LarryCheungCFA
LinkedIn - https://www.linkedin.com/in/larrycheung/
WTFinance:
Instagram - https://www.instagram.com/wtfinancee/
Spotify - https://open.spotify.com/show/67rpmjG92PNBW0doLyPvfn
TikTok - https://vm.tiktok.com/ZMeUjj9xV/
iTunes - https://podcasts.apple.com/us/podcast/wtfinance/id1554934665?uo=4
Linkedin - https://www.linkedin.com/in/anthony-fatseas-761066103/
Twitter - https://twitter.com/AnthonyFatseas
On todays podcast I am happy to have hosted Ivan Ripamonti, Blockchain and Crypto Investment Manager at Iconic Holding.
The interview is from a live Q&A event hosted by Warwick Trading Society and in collaboration with Warwick Crypto Society, Kings College London
Economics & Finance Society, Leeds University Union Trading and Investment Society, Lancaster University Investment & Finance
Society & the WTFinance Podcast.
Ivan Ripamonti -
LinkedIn - https://www.linkedin.com/in/ivan-ripamonti/
Twitter - https://twitter.com/ivan_ripamonti
WTFinance:
Instagram - https://www.instagram.com/wtfinancee/
Spotify - https://open.spotify.com/show/67rpmjG92PNBW0doLyPvfn
TikTok - https://vm.tiktok.com/ZMeUjj9xV/
iTunes - https://podcasts.apple.com/us/podcast/wtfinance/id1554934665?uo=4
Linkedin - https://www.linkedin.com/in/anthony-fatseas-761066103/
Twitter - https://twitter.com/AnthonyFatseas
Buy Book Here -
Kindle - https://www.amazon.co.uk/Worlds-Simplest-Stock-Picking-Strategy-ebook/dp/B09BVYS8SJ/
Paperback - https://www.amazon.co.uk/Worlds-Simplest-Stock-Picking-Strategy/dp/0857199439/
On todays podcast I am happy to have hosted Edward W. Ryan, Author of "The World's Simplest Stock Picking Strategy - How to make money investing in the companies in your life"
On the podcast we talk about his new book, the strategy that led him to 1200% return over a four-year period and the benefits of passive management.
Edward Ryan provides investment advice to some of the world’s leading asset managers and has worked closely with Wall Street’s top-ranked analysts. The portfolio he managed while trading returned 1200% over a four-year period. When he isn’t working, Edward spends time outdoors hiking, jogging, or strolling with his wife and daughter. He holds a bachelor’s degree in Economics from New York University.
Ed:
LinkedIn - https://www.linkedin.com/in/ed-ryan-79512851/
Twitter - https://twitter.com/EDWRYAN
WTFinance:
Instagram - https://www.instagram.com/wtfinancee/
Spotify - https://open.spotify.com/show/67rpmjG92PNBW0doLyPvfn
TikTok - https://vm.tiktok.com/ZMeUjj9xV/
iTunes - https://podcasts.apple.com/us/podcast/wtfinance/id1554934665?uo=4
Linkedin - https://www.linkedin.com/in/anthony-fatseas-761066103/
Twitter - https://twitter.com/AnthonyFatseas
Buy the book below -
Kindle - https://amzn.to/3cEzXud
Hardcover - https://amzn.to/3oyaaJy
On todays podcast I am happy to have hosted Dr Adi Imsirovic, Former Global Head of Oil at Gazprom Marketing & Trading.
This was a recording of a live event hosted by myself in collaboration with Warwick Trading Society, Oxford Finance Society, Kings College London Economics & Finance Society & Leeds University Union Trading and Investment Society. The event consisted of Q&A by myself and participants.
Adi Imsirovic has over 30 years of experience in oil trading. He held a number of senior positions, including Global Head of Crude Oil at Gazprom Marketing & Trading, Director of Petraco and the Head of their Singapore office and The Regional Manager of Texaco Oil Trading for Asia.
He was a Fulbright Scholar and studied at the Graduate School of Arts and Sciences, Harvard University. Adi also taught economics at Surrey University for several years: Energy Economics as well as Resource and Environmental Economics. He has a PhD in Economics and a Masters degree in Energy Economics.
He has written a number of papers and articles on the topic of oil and gas prices, benchmarks, and energy security. He is the author of the book: ‘Trading and Price Discovery for Crude Oils: Growth and Development of International Oil Markets’, published by Palgrave in August 2021.
Dr Adi Imsirovic -
LinkedIn - https://www.linkedin.com/in/adi-imsirovic-41a73729/
Twitter - https://twitter.com/AdiSurreyEnergy
WTFinance:
Instagram - https://www.instagram.com/wtfinancee/
Spotify - https://open.spotify.com/show/67rpmjG92PNBW0doLyPvfn
TikTok - https://vm.tiktok.com/ZMeUjj9xV/
iTunes - https://podcasts.apple.com/us/podcast/wtfinance/id1554934665?uo=4
Linkedin - https://www.linkedin.com/in/anthony-fatseas-761066103/
Twitter - https://twitter.com/AnthonyFatseas
On todays podcast I am happy to have hosted Braden Dennis, Founder of Stratosphere Investing & Co-host of The Canadian Investor Podcast.
On the podcast we talk about the Importance of Investing in Great Companies, Advice for Investing in Canada and Innovative Sectors to Watch Out For.
Braden is an environmental engineer who started his career in auto manufacturing and renewable energy. He is now the Founder of Stratosphere Technologies, a web-based investment research platform with powerful analytics and in-house premium research. Stratosphere is a Bloomberg Terminal for the price of Netflix.
Braden co-hosts a podcast called The Canadian Investor where they discuss business models in-depth, long-term investing strategies and specific stocks.
Braden Dennis:
LinkedIn - https://www.linkedin.com/in/braden-dennis-881a88b0/
Twitter - https://twitter.com/bradocapital
Stratosphere Investing:
Website - https://www.stratosphereinvesting.com/
Twitter - https://twitter.com/getstratosphere
LinkedIn - https://www.linkedin.com/company/stratosphere-technologies-inc/
The Canadian Investor Podcast:
Website - https://thecanadianinvestorpodcast.com/
Twitter - https://twitter.com/cdn_investing
Spotify - https://open.spotify.com/show/2NG24rv3Mv09EMsIc6rVfs?si=6ccb11bf0f72419c
iTunes - https://podcasts.apple.com/us/podcast/the-canadian-investor/id1534655273?uo=4
WTFinance:
Instagram - https://www.instagram.com/wtfinancee/
Spotify - https://open.spotify.com/show/67rpmjG92PNBW0doLyPvfn
TikTok - https://vm.tiktok.com/ZMeUjj9xV/
iTunes - https://podcasts.apple.com/us/podcast/wtfinance/id1554934665?uo=4
Linkedin - https://www.linkedin.com/in/anthony-fatseas-761066103/
Twitter - https://twitter.com/AnthonyFatseas
On todays podcast I am happy to be hosting Alberto Gallo, Head of Global Credit Strategies at Algebris Investments.
This was a recording of a live event hosted by myself in collaboration with the WTFinance Podcast, Warwick Trading Society, Kent Invest & Warwick Emerging Markets Society. The event consisted of a 45 minute presentation by Alberto and a short Q&A afterwards.
Alberto has nearly 20 years experience running credit research teams at major US and UK investment banks, including Merrill Lynch, Bear Stearns & Co, Goldman Sachs & RBS. He is now Head of Global Credit Strategies at Algebris Investments.
He is an advisor to central banks and regulators on macro financial stability, and guest faculty in macroeconomics at his alma mater, Bocconi University.
The GCO fund has been awarded by EuroHedge in 2019 as best Macro-Fixed Income Ucits, and best Multi-Strategy credit fund by Alt-Credit in 2020. It has been rated AAA by Citywire and five stars by Morningstar.
Alberto Gallo -
LinkedIn - https://www.linkedin.com/in/alberto-gallo-cfa-0473821/
Twitter - https://twitter.com/macrocredit
Website - https://www.albertogallo.com/
Algebris - https://www.algebris.com/
Instagram - https://www.instagram.com/wtfinancee/
Spotify - https://open.spotify.com/show/67rpmjG92PNBW0doLyPvfn
TikTok - https://vm.tiktok.com/ZMeUjj9xV/
iTunes - https://podcasts.apple.com/us/podcast/wtfinance/id1554934665?uo=4
Linkedin - https://www.linkedin.com/in/anthony-fatseas-761066103/
Twitter - https://twitter.com/AnthonyFatseas
On today's podcast I am happy to be hosting George Papazov - Founder, CEO & Head Trader at TradePro Academy.
On the podcast we talk about the importance of understanding human psychology when trading, trading with a group and results vs process driven.
In 2008, George Papazov worked on the trading floor at Scotiabank in Toronto, Canada. As the stock markets crashed due to the housing bubble, clients were calling in to the trading floor; desperate to liquidate their holdings at enormous losses. Those difficult conversations with these clients, who George viewed as his friends, sparked a passion that drove him to found TradePro Academy.
TradePro Acadmey exists to train and empower individuals to become professional traders and to make informed decisions in all market conditions.
He is also the host of the Mind over Markets podcast, focusing solely on understanding your own psychology to better perform while trading.
George Papazov -
LinkedIn - https://www.linkedin.com/in/georgepapazov/
Twitter - https://twitter.com/tradewithg
TradePro Academy -
YouTube - https://www.youtube.com/c/TradeProAcademy
Website - https://tradeproacademy.com/
Twitter - https://twitter.com/TRADEPROAcademy
Instagram - https://www.instagram.com/tradeproacademy/
Facebook Group - https://www.facebook.com/groups/TRADEPROs/
Mind Over Markets Podcast -
https://podcast.tradeproacademy.com/
WTFinance -
Instagram - https://www.instagram.com/wtfinancee/
Spotify - https://open.spotify.com/show/67rpmjG92PNBW0doLyPvfn
TikTok - https://vm.tiktok.com/ZMeUjj9xV/
iTunes - https://podcasts.apple.com/us/podcast/wtfinance/id1554934665?uo=4
Linkedin - https://www.linkedin.com/in/anthony-fatseas-761066103/
Twitter - https://twitter.com/AnthonyFatseas
Buy Jared's book below -
Kindle - https://amzn.to/3lSFRx4
Audiobook - https://amzn.to/3pxkGTF
Hardcover - https://amzn.to/3DXepEx
On today's podcast I am happy to be hosting Jared Bibler, Author of "Iceland's Secret - The Untold Story of the World's Biggest Con".
On the podcast we talk about the Icelandic Banking Crisis in 2008, how it changed the regulatory system in Iceland and the lessons that can be learnt from it for all economies.
Jared Bibler is a graduate of MIT, where he studied engineering. He is also a CFA charterholder with nearly 20 years of broad experience in the global financial markets. Jared started his career in Boston and New York, where he worked as a consultant to a Wall Street giant.
Following that, he moved to Iceland where he supported the Icelandic pension funds’ foreign investments. Unhappy with this environment, he resigned from his job at a leading Icelandic bank days before the 2008 Icelandic financial crisis. He was subsequently hired to head a special investigation team at the Icelandic markets regulator. Jared and his team referred more than 30 criminal cases to the Special Prosecutor of Iceland, including the largest stock market manipulation cases to be prosecuted globally.
Jared Bibler -
LinkedIn - https://www.linkedin.com/in/jaredbibler/
Twitter - https://twitter.com/jared_bibler
Website - https://icelandssecret.com/the-author
WTFinance -
Instagram - https://www.instagram.com/wtfinancee/
Spotify - https://open.spotify.com/show/67rpmjG92PNBW0doLyPvfn
TikTok - https://vm.tiktok.com/ZMeUjj9xV/
iTunes - https://podcasts.apple.com/us/podcast/wtfinance/id1554934665?uo=4
Linkedin - https://www.linkedin.com/in/anthony-fatseas-761066103/
Twitter - https://twitter.com/AnthonyFatseas
On todays podcast I am happy to be hosting Joe Cecala, Founder & CEO at Dream Exchange.
During the interview we talked about the greatest issues in the current state of capital markets, how Dream Exchange is looking to solve these issues and the importance of ownership.
Joe is the Co-author of securities research published in Oxford University’s Handbook on IPO's and Founder and CEO of Dream Exchange. Dream Exchange is creating the first ever venture stock exchange in the U.S and a new national stock exchange.
As a former military officer, civil rights lawyer, securities lawyer and CPA, Mr. Cecala is a visionary, passionate about effecting positive, lasting change on society.
In the late 1990's, Mr. Cecala was legal counsel for the team that created Archipelago, the first company to trade stocks over the internet. This new invention grew to eventually become the electronic infrastructure we now know as the New York Stock Exchange. Over the past 30+ years practicing securities law, he has applied his knowledge and expertise to help small businesses grow and expand.
Joe Cecala -
LinkedIn - https://www.linkedin.com/in/joececala/
Dream Exchange -
Website - https://dreamex.com/
LinkedIn - https://www.linkedin.com/company/dreamex/
YouTube - https://www.youtube.com/channel/UCt4C97Nd1IcrtQ1M4Lw0nzw
Twitter - https://twitter.com/dreamexofficial
Instagram - https://www.instagram.com/dreamexchangeofficial/
WTFinance -
Instagram - https://www.instagram.com/wtfinancee/
Spotify - https://open.spotify.com/show/67rpmjG92PNBW0doLyPvfn
TikTok - https://vm.tiktok.com/ZMeUjj9xV/
iTunes - https://podcasts.apple.com/us/podcast/wtfinance/id1554934665?uo=4
Linkedin - https://www.linkedin.com/in/anthony-fatseas-761066103/
Twitter - https://twitter.com/AnthonyFatseas
On todays podcast I am happy to be hosting Dr Constantinos Antoniou, Associate Professor of Finance and Investing at Warwick Business School.
On the podcast we talked about why behavioural science and finance are important to research, the impact QE has on investors behaviour and the future of finance.
After completing his undergraduate in Economics at Nottingham University, Costas completed a Masters and PhD in Financial Economics at the University of Durham. Costas is now an Associate Professor of Finance and Behavioural Science at Warwick Business School, U.K, teaching modules in Investment Management, Behavioural Finance and The Psychology of Investing and Financial Decision Making.
Costas is primarily interested in behavioural finance, studying the ways that the behaviour of different market participants deviates from "rational" benchmarks, and the consequences of these deviations for financial markets.
Costas Antoniou:
Website - https://sites.google.com/site/constantinosantoniou23/
Linkedin - https://www.linkedin.com/in/constantinos-antoniou-b626093a/
WBS - https://www.wbs.ac.uk/about/person/constantinos-antoniou
Email - Constantinos.Antoniou@wbs.ac.uk
WTFinance -
Instagram - https://www.instagram.com/wtfinancee/
Spotify - https://open.spotify.com/show/67rpmjG92PNBW0doLyPvfn
TikTok - https://vm.tiktok.com/ZMeUjj9xV/
iTunes - https://podcasts.apple.com/us/podcast/wtfinance/id1554934665?uo=4
Linkedin - https://www.linkedin.com/in/anthony-fatseas-761066103/
Twitter - https://twitter.com/AnthonyFatseas
On todays podcast I am happy to be hosting Anthony Vicino, Founding Partner of Invictus Capital & Host of Multifamily Investing Made Simple.
On the podcast we talk about the opportunities available in Multifamily Investing, the most common mistakes first time investors make and the Due Diligence required.
Anthony Vicino is a best-selling author, real estate investor, and serial entrepreneur committed to helping people maximize their Return on Life.
He is the co-founding partner of Invictus Capital, a multifamily acquisition firm based in Minneapolis, MN with $15m in AUM, that provides busy working professionals with the opportunity to Invest Better.
As the host of the Multifamily Investing Made Simple podcast and author of Passive Investing Made Simple, Anthony firmly believes investing shouldn't be complicated, scary, or overwhelming.
Anthony Vicino -
Website - https://anthonyvicino.com/
Facebook - https://www.facebook.com/advicino
Instagram - https://www.instagram.com/theanthonyvicino/
YouTube - https://www.youtube.com/channel/UCkxcOhsIbBqyrYVZdXg5aUg
WTFinance -
Instagram - https://www.instagram.com/wtfinancee/
Spotify - https://open.spotify.com/show/67rpmjG92PNBW0doLyPvfn
TikTok - https://vm.tiktok.com/ZMeUjj9xV/
iTunes - https://podcasts.apple.com/us/podcast/wtfinance/id1554934665?uo=4
Linkedin - https://www.linkedin.com/in/anthony-fatseas-761066103/
Twitter - https://twitter.com/AnthonyFatseas
On todays podcast I am happy to be hosting Dominik Poiger, CFA, Head of Product Management at Iconic Holdings, Digital Assets.
On the podcast we talk about the benefits of holding Crypto in your portfolio, Institutional Investment in the Asset and the Greatest Risks of Crypto Adoption.
Dominik holds a CFA charter and has a proven track record in bringing crypto asset ETPs to market. He currently works at Iconic Holdings, a global crypto asset management group. Iconic Funds is the issuer and manager of a series of regulated passive and actively managed crypto asset investment vehicles via its subsidiaries.
Dominik previously worked for VanEck, a global top 10 ETF provider, where he was instrumental in creating their crypto ETP platform in Europe. He started his career in asset management as an emerging market high yield bond trader and managed synthetic yield strategies. Dominik is a firm believer in the potential of crypto as an emerging asset class.
Dominik -
LinkedIn - https://www.linkedin.com/in/dominikpoiger/
Twitter - https://twitter.com/sirbanksalot?ref_src=twsrc%5Egoogle%7Ctwcamp%5Eserp%7Ctwgr%5Eauthor
Iconic Holdings - https://iconicholding.com/
WTFinance -
Instagram - https://www.instagram.com/wtfinancee/
Spotify - https://open.spotify.com/show/67rpmjG92PNBW0doLyPvfn
TikTok - https://vm.tiktok.com/ZMeUjj9xV/
iTunes - https://podcasts.apple.com/us/podcast/wtfinance/id1554934665?uo=4
Linkedin - https://www.linkedin.com/in/anthony-fatseas-761066103/
Twitter - https://twitter.com/AnthonyFatseas
Buy the Book here -
Kindle - https://amzn.to/3AyPq9a
Paperback - https://amzn.to/3CzY7ks
On todays podcast I am happy to be hosting Robin Powell, Head of Client Education at RockWealth & editor of the investing and personal finance blog, Evidence-Based Investing.
On the podcast today we talk about the medias conflict of interest, getting the help of the Taxman and the 20 Rules of Personal Finance.
Robin is an award-winning journalist and producer, author, investor advocate and content consultant. He is also a founding partner of RockWealth Cheshire, which serves both private and institutional investors in Cheshire, London, Birmingham, Manchester and Liverpool.
For most of Robins career in mainstream journalism, he worked in broadcast news and current affairs. For 14 years he was a news reporter and documentary maker for ITV Central and network ITV News and ITV Sport. Robin went freelance in 2005, and spent seven years working mainly for Sky News and for The Politics Show on BBC1.
Based in the UK, Robin has specialist expertise in financial services, particularly the investing industry.
Robin -
Website - https://www.evidenceinvestor.com/home-uk/
LinkedIn - https://www.linkedin.com/in/robinpowell/
WTFinance -
Instagram - https://www.instagram.com/wtfinancee/
Spotify - https://open.spotify.com/show/67rpmjG92PNBW0doLyPvfn
TikTok - https://vm.tiktok.com/ZMeUjj9xV/
iTunes - https://podcasts.apple.com/us/podcast/wtfinance/id1554934665?uo=4
Linkedin - https://www.linkedin.com/in/anthony-fatseas-761066103/
Twitter - https://twitter.com/AnthonyFatseas
On todays podcast I am happy to be hosting Thomas Parilla, President of Parilla Investment Group.
On the podcast today we talked about the Debt Crisis in the US, the Commodity Super Cycle and the Opportunities available in Commodities over the coming years.
Thomas is an Experienced President with a demonstrated history of working in the financial services industry. He is currently directly focused on the Mining industry and the opportunities available due to a few catalysts, such as the Green Revolution, China-US tensions and Major Supply Shortfalls.
Tom Parilla -
LinkedIn - https://www.linkedin.com/in/thomas-parilla-5a5b0316/
WTFinance -
Instagram - https://www.instagram.com/wtfinancee/
Spotify - https://open.spotify.com/show/67rpmjG92PNBW0doLyPvfn
TikTok - https://vm.tiktok.com/ZMeUjj9xV/
iTunes - https://podcasts.apple.com/us/podcast/wtfinance/id1554934665?uo=4
Linkedin - https://www.linkedin.com/in/anthony-fatseas-761066103/
Twitter - https://twitter.com/AnthonyFatseas
On today's podcast I am happy to be hosting Alexandros Christodoulakis, Co-Founder & CEO of Wealthyhood.
On the podcast we talk about the Greatest Mistakes Retail Investors make, Secret Costs of Investing and Alex's new start-up Wealthyhood.
Alexandros' career began in the Health Economics industry after pursuing a Masters at LSE. He then worked as an R&D Developer at Datamed Health Technologies. During this time he discovered an interest in investing and after pursuing another Masters at Imperial College in Investment and Wealth Management he became a FID Strategist at Morgan Stanley.
He then left to start his own company which provided access to hedge funds and other alternative assets. This project has now morphed into Wealthyhood, a Fintech Startup that allows you to be your own Wealth Manager.
Alex -
Linkedin - https://www.linkedin.com/in/alexandros-christodoulakis/
Twitter - @alexandros_chr
Wealthyhood -
Website - https://wealthyhood.com/
LinkedIn - https://www.linkedin.com/company/wealthyhood-invest/
Twitter - https://twitter.com/wealthyhood_
Facebook - https://www.facebook.com/wealthyhood
Instagram - https://www.instagram.com/wealthyhood/
WTFinance -
Instagram - https://www.instagram.com/wtfinancee/
Spotify - https://open.spotify.com/show/67rpmjG92PNBW0doLyPvfn
TikTok - https://vm.tiktok.com/ZMeUjj9xV/
iTunes - https://podcasts.apple.com/us/podcast/wtfinance/id1554934665?uo=4
Linkedin - https://www.linkedin.com/in/anthony-fatseas-761066103/
Twitter - https://twitter.com/AnthonyFatseas
On the podcast today I am happy to be hosting John Sitilides, Government Affairs / Geopolitical Risk / Strategic Communications specialist.
On the podcast we talked about how geopolitics has changed the past 20 years, China's ambitions and the recent Afghanistan affair.
John is a frequent national security news commentator on U.S. and international media, a diplomacy consultant to the U.S. State Department on southeast Europe and the Middle East and former Chairman of the Woodrow Wilson Center Southeast Europe Project.
He shares his insights into U.S. and global risk trends, geopolitical strategies and international security flash points with C-suite executives, high-stakes decision makers and opinion leaders at corporate, investor, civic and government conferences and events.
As Principal at Trilogy Advisors LLC since 2005, Sitilides manages a government affairs portfolio specializing in regulatory reform and private property rights. He has testified before Congress, and has been interviewed on FOX News, CNN, CNN International, One America News, BBC News, CGTN (China), RT America (Russia), i24News (Israel), Alhurra TV (Arab), and cited in the Wall Street Journal, New York Times, Washington Post, Washington Times, Bloomberg, Politico, National Public Radio and Institutional Investor, among other major U.S. and international broadcast, print and digital media.
John Sitilides -
Website - http://www.sitilides.com/
YouTube - https://www.youtube.com/c/JohnSitilides
Twitter - https://twitter.com/JohnSitilides
LinkedIn - https://www.linkedin.com/in/john-sitilides-b884633/
WTFinance -
Instagram - https://www.instagram.com/wtfinancee/
Spotify - https://open.spotify.com/show/67rpmjG92PNBW0doLyPvfn
TikTok - https://vm.tiktok.com/ZMeUjj9xV/
iTunes - https://podcasts.apple.com/us/podcast/wtfinance/id1554934665?uo=4
Linkedin - https://www.linkedin.com/in/anthony-fatseas-761066103/
Twitter - https://twitter.com/AnthonyFatseas
Buy the Book Here:
Kindle - https://amzn.to/3txlPKV
On the podcast today I am happy to be hosting Jason Heidecker, author of "How to Day Trade Like a Rocket Scientist".
On the Podcast we talked about the Biggest Mistakes Retail Traders make, the Importance of Binomial Distribution and the importance of Risk Management.
Jason has 20 years experience at NASA and he is currently an Electronic Part Specialist for Mission Assurance. His trading journey began with a chance encounter at a New Years Eve Party. He has since found his unique quantitative experience has helped him to greatly speed up the trial and error process other retail traders go through. This encouraged him to write his recently released book and found RocketScienceTrading.om.
Jason founded RST to create a community of day traders interested in improving their trading through technology, science, math, and data.
Jason -
Website - https://rocketsciencetrading.com/
Instagram - https://www.instagram.com/rocketsciencetrading/
LinkedIn - https://www.linkedin.com/in/jasonheidecker/
WTFinance -
Instagram - https://www.instagram.com/wtfinancee/
Spotify - https://open.spotify.com/show/67rpmjG92PNBW0doLyPvfn
TikTok - https://vm.tiktok.com/ZMeUjj9xV/
iTunes - https://podcasts.apple.com/us/podcast/wtfinance/id1554934665?uo=4
Linkedin - https://www.linkedin.com/in/anthony-fatseas-761066103/
Twitter - https://twitter.com/AnthonyFatseas
The Ascent of Money Recommended by Eric -
Kindle - https://amzn.to/3tw2PfP
Paperback - https://amzn.to/3BJTa7X
Hardcover - https://amzn.to/38Kc9mI
On the podcast today I am happy to be hosting Eric Mason, CFO of Quincy City, Massachusetts and a passionate economist.
On the podcast we talk about whether the US can taper their current spending, risks of stagflation and the impact technological improvements will have on all economies worldwide.
Eric Mason is the current Chief Financial Officer for his hometown of Quincy, Massachusetts. He is a 2014 graduate of WVU’s John Chambers College of Business and Economics with a B.S. in economics and is currently enrolled in WVU’s master’s degree program in applied economics. Mason’s career has been exclusively in the public sector. He has been involved with the financial and economic component of such endeavours as: affordable housing, education, historic preservation, economic development, and local taxation. In his current role, he manages a $345 million dollar budget and a $500 million debt portfolio.
His career has led him to work with local, regional, and state officials and given him the opportunity to learn how local government can solve big problems.
Outside of his work-life, Eric is an avid researcher of national economic issues, with a particular focus on monetary, labour, and public policy.
Eric Mason -
LinkedIn - https://www.linkedin.com/in/eric-mason-28663184/
WTFinance -
Instagram - https://www.instagram.com/wtfinancee/
Spotify - https://open.spotify.com/show/67rpmjG92PNBW0doLyPvfn
TikTok - https://vm.tiktok.com/ZMeUjj9xV/
iTunes - https://podcasts.apple.com/us/podcast/wtfinance/id1554934665?uo=4
Linkedin - https://www.linkedin.com/in/anthony-fatseas-761066103/
Twitter - https://twitter.com/AnthonyFatseas
On the podcast today I am happy to be hosting Michael Eakman, President & Founder of Adaptive Wealth Partners.
On the podcast we talk about the most common mistakes people make when investing, having a plan for a pullback and strategies for portfolio diversification.
Michael is the Founder and Wealth Manager at Adaptive Wealth Partners in Las Vegas, Nevada. He has worked in the financial industry since 2011 serving clients across the country, including investors who are athletes, sports and entertainment professionals, business owners and entrepreneurs.
Michael knows personally that finances are often the #1 stress people have in life and he has experienced what it is like to struggle with direction and money in life personally.
In 2010 he allowed his life to spiral out of control, finding his personal rock bottom after being homeless for 6 months before he turned his life around. This period leads Michael to having a passion for finding solutions to simplify the complexity of money and financial issues in all areas of life for his clients.
Michael Eakman -
Instagram - https://www.instagram.com/theathleteadvisor/
LinkedIn - https://www.linkedin.com/in/michaeleakmanii/
Facebook - https://www.facebook.com/AdaptiveWealthPartners
Twitter - https://twitter.com/AWPadvisor
Website - https://www.adaptivewealthpartners.com/
WTFinance -
Instagram - https://www.instagram.com/wtfinancee/
Spotify - https://open.spotify.com/show/67rpmjG92PNBW0doLyPvfn
TikTok - https://vm.tiktok.com/ZMeUjj9xV/
iTunes - https://podcasts.apple.com/us/podcast/wtfinance/id1554934665?uo=4
Linkedin - https://www.linkedin.com/in/anthony-fatseas-761066103/
Twitter - https://twitter.com/AnthonyFatseas
On today's podcast I am happy to be hosting Richard Carthon, Host & Founder of Crypto Current and CEO of Carthon Enterprises.
On the podcast we talk about whether it is too late to get into Crypto, the impact the Infrastructure Bill will have on Crypto innovation in the US and how to invest in NFT's.
Richard is a former NCAA Dual-Sport D1 Athlete, a rising thought leader and serial entrepreneur in Startup Operations, App Development, Fundraising and Fintech. He is the founder of Carthon Enterprise and Crypto Current. Crypto Current has positioned itself to spark your curiosity as the #1 Source for Blockchain Education and Trending Stories from the Crypto Industry. They have a successful podcast, with over 200 episodes talking to leading Crypto thoughts leaders.
Richard -
Website - https://www.richardcarthon.com/
Twitter - https://twitter.com/richardcarthon
Instagram - https://www.instagram.com/richard_carthon/
LinkedIn - https://www.linkedin.com/in/richard-carthon/
Crypto Current -
Website - https://crypto-current.co/
Twitter - https://twitter.com/_cryptocurrent_
YouTube - https://www.youtube.com/channel/UC0M1oMbt69WLqBF0DZdNbcQ?view_as=subscriber
Instagram - https://www.instagram.com/cryptocurrent_/
Spotify - https://open.spotify.com/show/2JcOtURbEH245TigZOIFvZ?si=-leRMll1RyeopmVNwAJYlQ&dl_branch=1
WTFinance -
Instagram - https://www.instagram.com/wtfinancee/
Spotify - https://open.spotify.com/show/67rpmjG92PNBW0doLyPvfn
TikTok - https://vm.tiktok.com/ZMeUjj9xV/
iTunes - https://podcasts.apple.com/us/podcast/wtfinance/id1554934665?uo=4
Linkedin - https://www.linkedin.com/in/anthony-fatseas-761066103/
Twitter - https://twitter.com/AnthonyFatseas
On today's podcast I am happy to be hosting Guillaume Rondan, Founder of Move to Asia.
On the podcast we talked about expatriates moving to Vietnam, what country in Asia has the most potential and one piece of advice he would give to his younger self when he first moved to Vietnam.
Guillaume Rondan career began in Finance and then Technology, culminating in being the Co-Founder & CTO of Wexperf, an in-house e-marketing platform. During this period Guillaume moved to Vietnam and has now been living in Asia for 5 years. While moving he struggled to find legit advice about moving, investing and doing business in Asia for expatriates. These frustrations encouraged him to create Move to Asia, a website and community that helps expats with moving, investing and doing business in Southeast Asia. They provide consulting and advice to help anyone acclimatise to the different business and cultural norms throughout South-East Asia.
Guillaume Rondan -
Website - https://movetoasia.com/en/
YouTube - https://www.youtube.com/channel/UCASDY6bkjdDSqMhY_w1rcrg
Twitter - https://twitter.com/guillaumerondan
LinkedIn - https://www.linkedin.com/in/guillaume-rondan-966a4a15/
WTFinance -
Instagram - https://www.instagram.com/wtfinancee/
Spotify - https://open.spotify.com/show/67rpmjG92PNBW0doLyPvfn
TikTok - https://vm.tiktok.com/ZMeUjj9xV/
iTunes - https://podcasts.apple.com/us/podcast/wtfinance/id1554934665?uo=4
Linkedin - https://www.linkedin.com/in/anthony-fatseas-761066103/
Twitter - https://twitter.com/AnthonyFatseas
Today on the podcast I am happy to be hosting Russell Napier, Co-Founder of ERIC (Electronic Research Interchange) & author of "The Asian Financial Crisis 1995–98: Birth of the Age of Debt".
Buy the book here - https://amzn.to/3m8vvK2
On the podcast we talked about why it is important to understand the history of the stock market, the catalyst behind the Asian Crisis and how we are entering an inflation cycle.
Russell was a Consultant Global Macro Strategist with CLSA Asia-Pacific Markets for almost twenty years, where he experienced the Asian Financial Crisis.
He began writing his Solid Ground global macro strategy report for CLSA in 1995. He forecast what was to become the Asian economic crisis and was voted Asia’s No.1 equity strategist in all leading polls at that time. From 1999 to 2014 he continued writing and publishing but as a consultant for CLSA and regularly appeared in the research polls.
Russell is a financial historian and his work features lessons from financial history with a particular focus on trends in money and credit.
His book Anatomy of The Bear (published in 2006) forecast a major correction for the US stock market and, using the conclusions of the book, he wrote a report for CLSA called ‘Finding The Bottom’ , published in 1Q 2009, that forecast that the market had bottomed
He is also a Co-Founder of ERIC (www.eri-c.com) the platform for the sale of individually priced investment research.
Russell Napier -
LinkedIn - https://www.linkedin.com/in/russell-napier-81292846/
Website - https://russellnapier.co.uk/
WTFinance -
Instagram - https://www.instagram.com/wtfinancee/
Spotify - https://open.spotify.com/show/67rpmjG92PNBW0doLyPvfn
TikTok - https://vm.tiktok.com/ZMeUjj9xV/
iTunes - https://podcasts.apple.com/us/podcast/wtfinance/id1554934665?uo=4
Linkedin - https://www.linkedin.com/in/anthony-fatseas-761066103/
Twitter - https://twitter.com/AnthonyFatseas
On today's podcast I am happy to be hosting David Torrence, CEO of Throne Consulting Group.
On the podcast we talked about building generational wealth, Industries to watch over the next 5 years and the difference between a damaged chart and a damaged company.
David M. Torrence is the CEO of Throne CG, an investing consulting firm and founder of KP Cares Foundation Inc a non profit geared towards assisting under resourced communities in bridging the wealth gap. As a first-generation college graduate from University of Central Florida (B.S Kinesiology) and Liberty University (M.S Sports Management), David's passion is to serve and be of service to his community. As an investor and philanthropist, his mission is to give back by showing minorities how to gain financial freedom through the stock market.
David Torrence -
Website - https://www.thronecg.net/
LinkedIn - https://www.linkedin.com/in/davidmtorrence/
Twitter - https://twitter.com/davidmtorrence
Instagram - https://www.instagram.com/davidmtorrence/
WTFinance -
Instagram - https://www.instagram.com/wtfinancee/
Spotify - https://open.spotify.com/show/67rpmjG92PNBW0doLyPvfn
TikTok - https://vm.tiktok.com/ZMeUjj9xV/
iTunes - https://podcasts.apple.com/us/podcast/wtfinance/id1554934665?uo=4
Linkedin - https://www.linkedin.com/in/anthony-fatseas-761066103/
Twitter - https://twitter.com/AnthonyFatseas
On today's podcast I am happy to be hosting Trishul Patel, Wealth Manager at Investing Forever Advisory.
On today's podcast we talked about the F.I.R.E Movement, building residual income so you don't have to work and whether governments can just print money forever.
Trishul Patel achieved financial independence before 40 and he gets up every day to help others do the same. He prioritized aggressive savings and identified the things that are truly important in his life.
Trishul has been investing for almost two decades. Over his professional career, he has designed large-scale financial applications for tier-one banks. He likewise managed an exotic options book out of South-East Asia, generating over $750 million in revenue in three years and was a Portfolio Manager for a Hedge Fund, managing over $100 million in assets.
Trishul Patel -
LinkedIn - https://www.linkedin.com/in/trishul-patel/
Twitter - https://twitter.com/mms_podcast
Podcast - https://podcasts.apple.com/us/podcast/the-mind-money-spectrum-podcast/id1492349679?uo=4
Website - https://investingforever.com/
WTFinance -
Instagram - https://www.instagram.com/wtfinancee/
Spotify - https://open.spotify.com/show/67rpmjG92PNBW0doLyPvfn
TikTok - https://vm.tiktok.com/ZMeUjj9xV/
iTunes - https://podcasts.apple.com/us/podcast/wtfinance/id1554934665?uo=4
Linkedin - https://www.linkedin.com/in/anthony-fatseas-761066103/
Twitter - https://twitter.com/AnthonyFatseas
Today on the podcast we are happy to be hosting Bradley Roth, CIO of Thor Financial Technologies.
On the podcast we talked about how the average portfolio fails clients, the risk of passive income and what technological advances could be seen in the markets.
Brad is the co-founding principal and Chief Investment Officer of Thor Analytics. Prior to this appointment as CIO, he was managing partner at Sardonyx Capital, a quantitative securities hedge fund.
In addition, Brad is the Managing Partner of McDowell Associates, an Insurance Brokerage and Investment Advisory Firm. McDowell Associates was founded in 1900 and brings a deep history of client service to a wide variety of clientele.
Brad is an honors graduate of Duquesne University (Pittsburgh, Pennsylvania) from which he obtained a bachelor’s degree in business administration. Brad received the Certified Financial Planner® (CFP) designation from New York University. He also has the FINRA Series 66 and NFA Series 3.
Bradley Roth -
LinkedIn - https://www.linkedin.com/in/bradley-roth-8a4a8619a/
Website - https://www.thorft.com/
WTFinance -
Instagram - https://www.instagram.com/wtfinancee/
Spotify - https://open.spotify.com/show/67rpmjG92PNBW0doLyPvfn
TikTok - https://vm.tiktok.com/ZMeUjj9xV/
iTunes - https://podcasts.apple.com/us/podcast/wtfinance/id1554934665?uo=4
Linkedin - https://www.linkedin.com/in/anthony-fatseas-761066103/
Twitter - https://twitter.com/AnthonyFatseas
On today's podcast I am happy to have hosted Dr Greg Filbeck, author of "The Savvy Investor’s Guide to Building Wealth Through Alternative Investments".
On the podcast we talked about how he defines alternative investments, similarity of results between US Private Equity and Public Equity and how alternative investments can help diversify a portfolio.
Buy the book here! https://amzn.to/3Cz0fJI
Along with this book, Greg has authored or edited eleven books and published more than 100 refereed academic journals appearing in the Financial Analysts Journal, Financial Review and Journal of Business, Finance and Accounting among others.
He has conducted training for Goldman Sachs and the New York Society of Security Analysts, consults and trains candidates for the CFA, FRM and CAIA designations and teaches graduate and undergraduate courses in corporate finance and derivatives at Penn State.
Thanks for listening and I hope you enjoy
Dr Greg Filbeck -
LinkedIn - https://www.linkedin.com/in/gregfilbeck/
University - https://behrend.psu.edu/person/greg-filbeck-dba
Google Scholar - https://scholar.google.com/citations?user=HbxJGEEAAAAJ&hl=en
WTFinance -
Instagram - https://www.instagram.com/wtfinancee/
Spotify - https://open.spotify.com/show/67rpmjG92PNBW0doLyPvfn
TikTok - https://vm.tiktok.com/ZMeUjj9xV/
iTunes - https://podcasts.apple.com/us/podcast/wtfinance/id1554934665?uo=4
Linkedin - https://www.linkedin.com/in/anthony-fatseas-761066103/
Twitter - https://twitter.com/AnthonyFatseas
Today on the podcast I am happy to be hosting Jonathan Baird, Founder and Publisher of the Global Investment Letter & President of Tasda Group.
On the podcast we talked about the Current Risks in the Stock Market, Dangers of Passive Investing & the Greatest Lessons he has learnt in the markets.
Jonathan has had a 30-year career as a money manager (primarily international/global equity mutual funds). During this time he has managed three different #1 ranked funds, most recently in 2010 when he won a Lipper Award for the best global equity fund in Canada. He is now the editor and publisher of the Global Investment Letter. The Global Investment Letter is a monthly journal that comments on global capital markets. Geopolitical trends and historic backdrops are examined and their potential impact on markets is discussed. In addition, articles on various other topics that he feels may aid an investor, such as investment philosophy, book reviews, etc., are included periodically.
Jonathan Baird -
LinkedIn - https://www.linkedin.com/in/jonathanbaird88/
Website - https://www.globalinvestmentletter.com/
Twitter - https://twitter.com/JonathanBaird88
WTFinance -
Instagram - https://www.instagram.com/wtfinancee/
Spotify - https://open.spotify.com/show/67rpmjG92PNBW0doLyPvfn
TikTok - https://vm.tiktok.com/ZMeUjj9xV/
iTunes - https://podcasts.apple.com/us/podcast/wtfinance/id1554934665?uo=4
Linkedin - https://www.linkedin.com/in/anthony-fatseas-761066103/
Twitter - https://twitter.com/AnthonyFatseas
On today's podcast I am happy to be hosting Victoria Clarke, Senior Solicitor Specialising in Digital Assets and Deputy Head of Family Law at Watson-Thomas.
On the podcast we talked about the development and future of Crypto regulation, greatest misunderstanding people have about Crypto laws and how Crypto is treated legally compared to other assets.
Victoria's interest in Crypto began when she was studying in 2011, when she began mining Bitcoin. Since then she has been an avid supporter of Crypto and has implemented it into her law career. Victoria is currently Deputy head of Family at Watson Thomas, Treasurer of Surrey Law Society, Secretary for Surrey Resolution, Member of Resolution Cohabitation Committee. She is hired by many large law firms to help advise on all things Crypto.
Victoria Clarke -
LinkedIn - https://www.linkedin.com/in/victoria-...
Twitter - https://twitter.com/_vickyclarke_
WTFinance -
Instagram - https://www.instagram.com/wtfinancee/
Spotify - https://open.spotify.com/show/67rpmjG...
TikTok - https://vm.tiktok.com/ZMeUjj9xV/
iTunes - https://podcasts.apple.com/us/podcast...
Linkedin - https://www.linkedin.com/in/anthony-f...
Twitter -
On today's podcast I am happy to host Herb Morgan, Senior Managing Director & Chief Investment Officer of Efficient Market Advisors.
On the podcast we talked about US Equities Continued Strength, The Geopolitical Risk of Crypto, The Risk of Inflation and Greatest Lessons he has learnt from the markets.
Herb Morgan is the Sr. Managing Director and Chief Investment Officer of Efficient Market Advisors, (EMA). One of the financial industry’s recognized experts in the area of exchange-traded funds (ETFs), he is the creator of the Efficient Market Advisors Managed ETF Account, a unique low-cost, tax-efficient investment account that utilizes ETFs.
Prior to founding EMA in 2004, Herb was Senior Vice President – Advisory at Linsco/Private Ledger Financial Services, Inc. (LPL Financial). Herb also served as Senior Vice President with Dreyfus and ING Funds group (then known as Pilgrim Funds) and held various positions with J&W Seligman & Co.
Herb has been interviewed by multiple publications including Forbes, CBS Market Watch, Business Week, Investment News, Investor’s Business Daily and The Wall Street Journal. He has also been a guest on Fox News and CNBC television. He has served as an expert witness in cases involving mutual fund trustee fiduciary liability.
Herb served as President of the Board of Administration of the San Diego City Employees’ Retirement System (SDCERS) where he was a member of the Investment, Business and Governance, Audit and Disability Committees. He was a member of SDCERS’ Board of Administration from April 2009 to July 2013.
Herb is involved with philanthropy in education, including serving as a Director chair of the Investment Committee of The Foundation Chapter of Theta Chi Fraternity, Inc. He also served as Director chair of the Arizona School Choice Trust from 2000-2002. Herb graduated, with Honors, from The University of California, Santa Cruz with a Bachelor of Arts in Economics.
Herb Morgan -
Website - http://www.efficient-portfolios.com/
LinkedIn - https://www.linkedin.com/in/herbmorgan/
Twitter - https://twitter.com/ETF_Strategist
WTFinance -
Instagram - https://www.instagram.com/wtfinancee/
Spotify - https://open.spotify.com/show/67rpmjG92PNBW0doLyPvfn
TikTok - https://vm.tiktok.com/ZMeUjj9xV/
iTunes - https://podcasts.apple.com/us/podcast/wtfinance/id1554934665?uo=4
Linkedin - https://www.linkedin.com/in/anthony-fatseas-761066103/
Twitter - https://twitter.com/AnthonyFatseas
Today on the podcast we are happy to be hosting Darin Tuttle, Founder and CIO of Tuttle Ventures.
On the podcast we talk about his new fund, trading volatility as an asset, how to construct a portfolio and building conviction to back your own intuition.
With over a decade of experience in capital markets and portfolio management Darin left Goldman Sachs to manage multi-million dollar portfolios in his early 20’s.
As a millennial money manager, Darin has been featured in Yahoo Finance, Institutional Investor, Business Digest Magazine and streetinsider.com for his expert insights.
Darin is the key person for investment research, portfolio construction, strategy implementation, monitoring, performance evaluation and communication of investment strategy. Principled and passionate, Darin has an uncompromising dedication to help others by managing their investments.
He is currently a CFA level III candidate and has recently founded Tuttle Ventures, his own investment firm.
Darin Tuttle -
Twitter - https://twitter.com/Darin_T80
Website - http://tuttleventures.com/
LinkedIn - https://www.linkedin.com/in/tuttledarin/
Instagram - https://www.instagram.com/wtfinancee/
Spotify - https://open.spotify.com/show/67rpmjG92PNBW0doLyPvfn
TikTok - https://vm.tiktok.com/ZMeUjj9xV/
iTunes - https://podcasts.apple.com/us/podcast/wtfinance/id1554934665?uo=4
Linkedin - https://www.linkedin.com/in/anthony-fatseas-761066103/
Twitter - https://twitter.com/AnthonyFatseas
Today on the podcast we are lucky to be hosting Jared Tendler, Mental Mind Coach and Author of "The Mental Game of Trading".
During the conversation we talk about his recently released book, how emotions and Greed are misunderstood in trading, how your emotions fight against you and ways to overcome these issues.
Buy the Book Here - https://amzn.to/3hT06J0
Jared Tendler is a leading expert in how your mental game impacts performance. His roster of clients spans 45 countries and includes esports athletes, financial traders, some of the top poker players in the world, a top ranked pool player, and several PGA Tour players.
The author of two highly acclaimed books, The Mental Game of Poker, and The Mental Game of Poker 2 and The Mental Game of Trading. In addition to his writing and 1:1 coaching, Jared also serves as the mental game coach to the esport organization Team Liquid. He has been a key driver of their success as they won multiple championships, including The International 2017 (DOTA2), the Intel Grand Slam (Counter-Strike) and four League Championship Series titles (League of Legends).
Jared’s straightforward and practical approach to coaching has helped numerous clients solve their mental game problems and perform at their highest levels.
Jared Tendler -
Website - https://jaredtendler.com/
Linkedin - https://www.linkedin.com/in/jaredtendler/
Twitter - https://twitter.com/jaredtendler
WTFinance -
Instagram - https://www.instagram.com/wtfinancee/
Spotify - https://open.spotify.com/show/67rpmjG92PNBW0doLyPvfn
TikTok - https://vm.tiktok.com/ZMeUjj9xV/
iTunes - https://podcasts.apple.com/us/podcast/wtfinance/id1554934665?uo=4
Linkedin - https://www.linkedin.com/in/anthony-fatseas-761066103/
Twitter - https://twitter.com/AnthonyFatseas
On this episode of the podcast we are happy to be hosting Ri Sharma, Founder of Wall Street Confessions.
During the conversation we talk about the cultural shifts occurring in Wall Street, the funniest confessions she has received and her thoughts on Crypto.
Ri started Wall Street Confessions at 19 while studying a finance degree, looking to share experiences herself, her friends and others have had in the world of Wall Street. This has grown into a community of 121,000 followers on Instagram for people to share their challenges, funny and bad experiences while working on Wall Street. She has since pursued a career in social media management and content creation, working for Wall Street Oasis, Bullish and currently as the Social Media Manager for Stocktwits.
Ri Sharma:
Twitter - https://twitter.com/nycsadgirl
Instagram - https://www.instagram.com/nycsadgirl/
Wall Street Confession:
Instagram - https://www.instagram.com/wallstreetconfessions/
Website - https://wallstreetconfessions.co/
WTFinance -
Instagram - https://www.instagram.com/wtfinancee/
Spotify - https://open.spotify.com/show/67rpmjG92PNBW0doLyPvfn
TikTok - https://vm.tiktok.com/ZMeUjj9xV/
iTunes - https://podcasts.apple.com/us/podcast/wtfinance/id1554934665?uo=4
Linkedin - https://www.linkedin.com/in/anthony-fatseas-761066103/
Twitter - https://twitter.com/AnthonyFatseas
On this episode of the podcast we are happy to be hosting Tristan Pelloux, FinTech expert, Founder and Chief Pencil Officer of the Fintech Review.
During the conversation we talk about the Future of Fintech, how embedded Finance can revolutionise customer experiences with all things money and the impact DeFi will have on the Finance World.
After 5 years in Corporate Strategy at Virgin Money UK in London, Tristan launched StrategyWhy to provide independent guidance and advice to businesses across the world. Truly passionate about innovation in financial services around the world, he is also the Founder and Chief Pencil Officer of Fintech Review, an online media platform providing insights, news, interviews and analysis on everything Fintech.
Tristan Pelloux -
LinkedIn - https://www.linkedin.com/in/tristanpelloux/
Website - https://fintechreview.net/
Twitter - https://twitter.com/fintech_review
Instagram - https://www.instagram.com/fintechreview/
WTFinance
Instagram - https://www.instagram.com/wtfinancee/
Spotify - https://open.spotify.com/show/67rpmjG92PNBW0doLyPvfn
TikTok - https://vm.tiktok.com/ZMeUjj9xV/
iTunes - https://podcasts.apple.com/us/podcast/wtfinance/id1554934665?uo=4
Linkedin - https://www.linkedin.com/in/anthony-fatseas-761066103/
Twitter - https://twitter.com/AnthonyFatseas
On todays podcast we are happy to be hosting Charlie Sunnucks, Ex Fund Manager at Jupiter Asset Manager and Author of "The Company Valuation Playbook".
Buy the book here - https://amzn.to/2UEAV3Q
During the conversation Charlie talks about his Court, Castle and Moat approach to investing, behavioural biases or mistakes and the countries he believes are the most underrated by international investors.
Charlies interest in finance began while he was studying an undergraduate degree in China. He has since worked at Jupiter Asset Management for the past 10 years, becoming Fund Manager for Global Emerging Markets in 2018. In 2021 he released the book "Company Valuation Playbook", a very simple step-by-step guide on how to value a company’s shares, and make confident investment choices. Its targeted at anyone considering a career in finance or seeking to invest.
Charlie Sunnucks -
Linkedin - https://www.linkedin.com/in/charles-sunnucks-cfa-caia-40443319/
Website - https://www.companyvaluationplaybook.com/
WTFinance
Instagram - https://www.instagram.com/wtfinancee/
Spotify - https://open.spotify.com/show/67rpmjG92PNBW0doLyPvfn
TikTok - https://vm.tiktok.com/ZMeUjj9xV/
iTunes - https://podcasts.apple.com/us/podcast/wtfinance/id1554934665?uo=4
Linkedin - https://www.linkedin.com/in/anthony-fatseas-761066103/
Twitter - https://twitter.com/AnthonyFatseas
On this weeks podcast we are happy to have hosted Jonathan Hobbs -founder of Stop Saving, Ex COO of long/short quantitative digital asset fund Ecstatus Capital and author of "Digital Assets: Your Guide to Investing and Trading in the New Crypto".
Link to book -
https://amzn.to/3qT73g5
During this conversation Jon gives an analysis of the current levels to watch in Bitcoin, the influx of institutions into digital assets and putting together a Crypto Portfolio.
Jon is a business owner, entrepreneur, and founder of the www.stopsaving.com investment blog. He is also an author of three investment books. He Graduated in Finance and Economics from the University of Cape Town, South Africa and has previously held positions at Morgan Stanley, HSBC, M&G Investments and Ecstatus Capital. Currently holds the Chartered Financial Analyst ® Designation. His articles and market commentary have featured in Cointelegraph, ETF Strategy, and the London City AM.
Jonathan Hobbs
Linkedin - https://www.linkedin.com/in/jonathan-hobbs-cfa-77569910/
Stop Saving - https://www.stopsaving.com/
Twitter - https://twitter.com/jbhobbs
YouTube - https://www.youtube.com/channel/UCTIZrcYc2WyPFY9_0U9NaWg
WTFinance
Instagram - https://www.instagram.com/wtfinancee/
Spotify - https://open.spotify.com/show/67rpmjG92PNBW0doLyPvfn
TikTok - https://vm.tiktok.com/ZMeUjj9xV/
Bitclout - https://bitclout.com/u/WTFinance
iTunes - https://podcasts.apple.com/us/podcast/wtfinance/id1554934665?uo=4
Linkedin - https://www.linkedin.com/in/anthony-fatseas-761066103/
Twitter - https://twitter.com/AnthonyFatseas
This week we are happy to be hosting Erica Stanford on the podcast to talk about her upcoming book Crypto Wars: Faked Deaths, Missing Billions and Industry Disruption released on the 3rd of July.
Buy the Book here -
https://amzn.to/3hi2NlG
On this podcast we talk about the largest scams and ponzi schemes throughout Crypto's history, the red flags to watch when backing a project and the greatest risk to Crypto's adoption.
Erica Stanford is a crypto and future of money expert. The founder and CEO of the UK's most recommended crypto networking and events organization, Crypto Curry Club, she publishes the weekly Crypto Currier industry newsletter as well as Blockchain Industry Review. The advisor to several crypto start-ups, she is an in-demand speaker and commentator on the potential and use cases of digital currencies. She is the guest associate lecturer in cryptocurrency at Warwick Business School and has featured in The Express, Finance News, Coin Rivet and on the BBC. She is based in London, England.
On this weeks podcast I am happy to host Andrew Wagner, CIO of Wagner Road Capital Management and author of "The Economics of Online Gaming: A Player's Introduction to Economic Thinking".
On this podcast we talk about his experience in the game "Eternal Lands", how during his teens he was able to create a monopoly in the game, the investing and economic lessons learnt from this experience and his book.
Book Link: https://amzn.to/3j1HgQV
Andrew is a writer, a researcher, an analyst, and a passionate advocate for economics education. His experience covers a broad range of investment strategies, asset classes, and industries. He has worked with industry-leading experts in the analysis of technology markets, value investing, turnaround situations, biotech start-ups, dividend investing, real estate investing, and macro industry and geographic trends.
Andrew is now primarily an investment consultant. When a portfolio manager needs specialized research, but their team doesn’t have the time to take a deep dive, they call him. Or when a portfolio manager needs another analyst, but doesn’t have the budget for a full-time position, he can help to fill the gap. He typically worked with funds that have between $100 million and $500 million in assets under management, but considers potential clients of any size.
This week we are privileged to host Adam Mead on the podcast to talk about his new book "The Complete Financial History of Berkshire Hathaway: A Chronological Analysis of Warren Buffett and Charlie Munger's Conglomerate Masterpiece".
Buy the Book here:
https://amzn.to/352BeXQ
On this podcast we talk about the value of 'doing nothing' , the Power of Compounding and the lessons that can be learnt over the history of Berkshire Hathaway.
Adam J. Mead is a life-long student of business and capital allocation.
He is the CEO and Chief Investment Officer of Mead Capital Management, a New Hampshire-based Registered Investment Advisor he founded in 2014.
Adam spent over a decade in banking in commercial credit, including observing first-hand the aftereffects of the Great Recession and the long credit expansion afterward. Adam has been investing in public securities markets since 2004. He owned two small businesses (non-financial) during college, and grew up in a family of small business owners. In addition to managing assets for his clients at Mead Capital, he is involved with numerous local non-profit organizations.
Adam is also the founder of 'The Oracles Classroom', a source to help aid investors studying the lessons to be learn from Berkshire Hathaway.
https://theoraclesclassroom.com/
I hope you enjoy the episode and please like, share and comment so we can continue to grow the channel!
WTFinance
Instagram - https://www.instagram.com/wtfinancee/
Spotify - https://open.spotify.com/show/67rpmjG92PNBW0doLyPvfn
TikTok - https://vm.tiktok.com/ZMeUjj9xV/
Bitclout - https://bitclout.com/u/WTFinance
The week we are privileged to be hosting Andy Ho on the podcast to talk about his new book "Crossing the Street - How to Make a Success of Investing in Vietnam".
If you would like to purchase Andy's book -
https://amzn.to/2SJNZnB
On this podcast we talk about the evolution of Vietnam as an economy, how to invest in Vietnam, it's unique advantages and the challenges investing in export driven companies.
Andy Ho is a leading authority on private and public equity investing in Vietnam and other developing markets. He joined VinaCapital in 2007, where he serves as Chief Investment Officer and Managing Director of the LSE-listed VinaCapital Vietnam Opportunity Fund (VOF), which has a net asset value of over US$1.2 billion. He has deployed over US$1.5 billion on privately negotiated deals and led over US$1 billion in exits via strategic trade sales. He is the author of “Crossing the Street: How to make a success of investing in Vietnam,” to be published by Harriman House in mid-2021.
Prior to joining VinaCapital, Andy was a director of investment at Prudential Vietnam (now called Eastspring). He also held management positions at Dell Ventures and Ernst & Young.
Andy earned a BS from the University of Colorado Boulder and an MBA from the Massachusetts Institute of Technology. He was a Certified Public Accountant in the US.
This week we are privileged to be hosting John Looby on the podcast to talk about his new book "In Search of Returns: Making Sense of Financial Markets".
If you would like to buy John's book -
https://amzn.to/3fPlInc
On this podcast we talk about how to hunt returns while limiting risks, the current macro landscape, making haste slowly and making money off what you can't predict.
Negative official interest rates are the new normal in Europe and, unsurprisingly, the resulting hunt for returns has heightened the lure of financial markets. With deposit rates going negative and deposit sizes going skyward, it seems timely to consider how such savings might be invested. Financial markets are fascinating but successful investing is not easy. While the future looms as unknowable as ever, IN SEARCH OF RETURNS will help you to: evaluate the relationship between ‘expected’ risk and returns in financial decision-making; understand different investment asset classes and investment strategies; and appreciate the influence of cognitive biases in asset pricing and investment behaviour. It’s a timely guide to making sense of the financial markets.
John has worked in the Financial Markets since 1990 in roles spanning Fixed Income, Absolute Return and Equities. An economics graduate of UCD with additional post-graduate qualifications from TCD & DCU. He has been a regular contributor of opinion pieces to the national press and now contributes exclusively to www.thecurrency.news. John has also been the author of multiple books, including Money Mayhem - The Bewildering Consequences of Cutting Money Free, Troubled Times: Investing Through the Troika Years and In Search of Returns: Making Sense of Financial Markets.
We are very privileged to welcome Donald MacKenzie onto the podcast this week to talk about his new book "Trading at the Speed of Light: How Ultrafast Algorithms are Transforming Financial Markets" releasing on the 25th of May.
In today’s financial markets, trading floors on which brokers buy and sell shares face-to-face have increasingly been replaced by lightning-fast electronic systems that use algorithms to execute astounding volumes of transactions. Trading at the Speed of Light tells the story of this epic transformation. Donald MacKenzie shows how in the 1990s, in what were then the disreputable margins of the US financial system, a new approach to trading—automated high-frequency trading or HFT—began and then spread throughout the world. HFT has brought new efficiency to global trading, but has also created an unrelenting race for speed, leading to a systematic, subterranean battle among HFT algorithms.
Donald is a Professor of Sociology at the University of Edinburgh specialising in the study of Science and Technology. Donald's research aims to throw new light on the role Science and Technology has in shaping the modern world. He has worked on topics such as how financial-market participants use mathematical models, how nuclear weapons systems are designed, and how those involved try to produce high-confidence knowledge of the safety and security of computer systems.
If you would like to purchase I have put some links below -
https://press.princeton.edu/books/hardcover/9780691211381/trading-at-the-speed-of-light
https://www.amazon.co.uk/dp/B08NY31P1Z/
https://uk.bookshop.org/books/trading-at-the-speed-of-light-how-ultrafast-algorithms-are-transforming-financial-markets/9780691211381
WTFinance
Instagram - https://www.instagram.com/wtfinancee/
Spotify - https://open.spotify.com/show/67rpmjG92PNBW0doLyPvfn
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Bitclout - https://bitclout.com/u/WTFinance
This week we are privileged to be hosting Colin Lancaster on the podcast and talking about his new book "FED UP! Success, Excess and Crisis through the Eyes of a Hedge Fund Macro Trader".
FED UP!, is a fast-paced look inside the world of finance during the COVID-19 pandemic. As the greatest panic since the Great Depression, FED UP! tells the story of the 2020 market crash from inside the mind of a global macro trader. While shining a light on the largest policy issues confronting the U.S., FED UP! also provides an entertaining and humorous look at the guys and gals who are the new market operators.
After graduating from Princeton University and earning a Doctor of Law at Marquette University Law School, Colin started a career in the financial sector. In his twenty-five years as a Wall Street professional, Colin has run two of the highest-profile global macro businesses for the top-performing hedge funds in the world. He has worked directly for a number of the icons of the investing world.
Colin is currently CIO at Matador Investment Management Limited. Previously, he was Head of Macro Strategies at Citadel, and prior to that, Head of Macro at Balyasny Asset Management. Additionally, Colin has managed investment operations in London, New York, Hong Kong, Singapore, Chicago, and San Francisco.
On the podcast we talk about the book, Colin's thoughts on Quantitative Easing and the potential for long term inflation, his process of becoming a successful trader and the resurgence of Macro Strategy.
If you would like to buy the book, you can use these links below -
https://www.amazon.co.uk/Fed-Up-Success-Excess-Through-ebook/dp/B091FSTNVM/
https://www.harriman-house.com/fedup
https://www.waterstones.com/book/fed-up/colin-lancaster/9780857198921
Colin's LinkedIn - https://www.linkedin.com/in/colin-lancaster-01b31785/
WTFinance
Instagram - https://www.instagram.com/wtfinancee/
Spotify - https://open.spotify.com/show/67rpmjG92PNBW0doLyPvfn
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Bitclout - https://bitclout.com/u/WTFinance
This week we are joined on the WTFinance Podcast by Ex Head Trader Gwyn Day.
Gwyn talks about how he builds a narrative to trade from, taking advantage of the current uncertainty in the world and the risks of escalation from China and Russia.
Gwyn Day -
Email - ghgday@gmail.com
WTFinance -
Instagram - https://www.instagram.com/wtfinancee/
YouTube - https://www.youtube.com/channel/UCPI-...
Spotify - https://open.spotify.com/show/67rpmjG...
TikTok - https://vm.tiktok.com/ZMeUjj9xV/
Bitclout - https://bitclout.com/u/WTFinance
We are very happy to be hosting Nickolai Hubble on the podcast today, author of "How the Euro Dies".
Nick talks about his motivation for writing the book, Target2 - the largest debt you have never heard of, why Italy will leave the Euro and how this will cause the largest default in history!
Hope you enjoy.
Nick Hubble -
Fortune & Freedom - https://fortuneandfreedom.com/
Southbank Investment Research - https://www.southbankresearch.com/
YouTube - https://www.youtube.com/channel/UCAyv3fPp_5uh8O4tv_oUGrg
WTFinance -
Instagram - https://www.instagram.com/wtfinancee/
YouTube - https://www.youtube.com/channel/UCPI-DJWmId3Y-Dd1yI8LDnw
Spotify - https://open.spotify.com/show/67rpmjG92PNBW0doLyPvfn
TikTok - https://vm.tiktok.com/ZMeUjj9xV/
Bitclout - https://bitclout.com/u/WTFinance
WTFinance are happy to welcome Sarah R El Azouzi to the channel for this weeks podcast.
Sarah has undertaken multiple University degrees in the US and Internationally - studying Law, Business, Finance & Accounting.
While working towards a career in Law, a chance date with a financial professional ignited Sarah's interests in the markets. Sarah has since engrossed herself in the finance world, learning from financial wizards based all over the globe, including London, New York, Paris, Sydney, Singapore, Miami, Los Angeles, Phoenix.
This has led her to launch IntellecTrading Academy, a trading academy that encourages gender diversity and educates students on how to avoid the dangerous trend of gambling versus using their intellect, while providing an interactive e-learning platform that can educate everyone regardless of their educational background.
All of these achievements are all the more impressive as Sarah tells us about the challenges she has had to overcome to get to this stage - including homelessness, abuse, divorce, advanced stage cancer and losing custody of her child.
Sarah talks about her experience trading, the psychology of trading and how she handles her emotions and empowering women to strive for more.
If you enjoy the podcast please like, comment, share and subscribe so we can get other great guests similar to Sarah.
Sarah -
Instagram - https://www.instagram.com/herlhustle/
IntellecTrading:
Instagram - https://www.instagram.com/intellectrading/
Website - intellectrading.com
WTFinance -
Instagram - https://www.instagram.com/wtfinancee/
Spotify - https://open.spotify.com/show/67rpmjG92PNBW0doLyPvfn
TikTok - https://vm.tiktok.com/ZMeUjj9xV/
Bitclout - https://bitclout.com/u/WTFinance
John has had a 40 year career in Research, Accounting, Corporate Finance, Venture Capital and Entrepreneurship.
Originally starting as a clinical researcher in the NHS, John pivoted to the business world. Starting at PriceWaterhouse as a Chartered Accountant, John has since worked as a Management Consultant and a Global Vice President at major corporations, as well as being an entrepreneur and
venture capitalist. He is now a Professor of Practice at the University of Warwick and recently Co-Founded Panthera Biopartners, one of the fastest growing companies in the UK.
John talks about his research and experience as an entrepreneur, the challenges of scaling a company and common mistakes start-ups make.
If you enjoy the podcast please like, comment share so we can get other great guests similar to John.
WTFinance -
Instagram - https://www.instagram.com/wtfinancee/
Spotify - https://open.spotify.com/show/67rpmjG92PNBW0doLyPvfn
TikTok - https://vm.tiktok.com/ZMeUjj9xV/
Bitclout - https://bitclout.com/u/WTFinance
Disclaimer
The Content is for informational purposes only, you should not construe any such information or other material as legal, tax, investment, financial, or other advice. There are risks associated with investing in securities. Investing in stocks, bonds, exchange traded funds, mutual funds, and money market funds involve risk of loss. Loss of principal is possible. Some high risk investments may use leverage, which will accentuate gains & losses. Please do your own research, or consult an accredited investment advisor
WTFinance are happy to welcome Aaryaman Patnaik to the podcast.
Aary is the co-founder of A&A Investment Group and currently studying a Masters of Finance at the University of Warwick. Rather than undertaking a Bulge Bracket Investment Bank Graduate Scheme after his Undergraduate Degree, Aary co-founded A&A Investment Group, a multi-strategy investment fund specialised in the active management of investment portfolios. They use quantitative methods and analysis of macroeconomic trends to identify new investment opportunities in order to structure portfolios with investment returns based on risk allocation rather than asset allocation.
Aary talks about emerging markets and how he believes investing in India will be a massive opportunity over the coming years, advice for new investors, strategies for analysing companies and the challenges he went through starting his investment fund.
Aaryaman Patnaik -
A&A Investment Group - https://www.linkedin.com/company/a-a-investment-group/
Arry email - aryamanpatnaik@gmail.com
A&A Investment Group - anainvestmentfund@gmail.com
WTFinance -
Instagram - https://www.instagram.com/wtfinancee/
Spotify - https://open.spotify.com/show/67rpmjG92PNBW0doLyPvfn
TikTok - https://vm.tiktok.com/ZMeUjj9xV/
Bitclout - https://bitclout.com/u/WTFinance
Disclaimer
The Content is for informational purposes only, you should not construe any such information or other material as legal, tax, investment, financial, or other advice. There are risks associated with investing in securities. Investing in stocks, bonds, exchange traded funds, mutual funds, and money market funds involve risk of loss. Loss of principal is possible. Some high risk investments may use leverage, which will accentuate gains & losses. Please do your own research, or consult an accredited investment advisor
WTFinance are happy to welcome Adnan Jasrai (Adz Luxury) onto the podcast today.
Adz career began working as a graduate Architecture after University. His interest in trading occurred after seeing a chance ad for Trading212 on YouTube. After 7 months of trading, he left his job and was committed to becoming a fulltime trader. Since then he has been an early investor in Bitcoin and Crypto, started his own Trading Educational site Goldmount Academy, mentoring retail traders how to become profitable, founded his own hedge fund and property investment firm, as well as giving back to the community through the Gold Mount Foundation.
Adz talks about his investment journey, early adoption of Bitcoin and Crypto Currencies, the challenges involved in starting a hedge fund, outlook towards the future and advice on any retail traders looking to become profitable.
Like, Subscribe, or comment if you have any questions for Adz or suggestions on who we should interview next.
To find out more about Adz -
Company - https://www.goldmountgroup.com/
Instagram - https://www.instagram.com/adz5/
WTFinance Accounts -
Instagram - https://www.instagram.com/wtfinancee/
Spotify - https://open.spotify.com/show/67rpmjG92PNBW0doLyPvfn
TikTok - https://vm.tiktok.com/ZMeUjj9xV/
WTFinance are happy to welcome Dr Simon Barnes as our second podcast guest.
Dr Barnes career began in academia and research, completing a bachelors and PhD at Cambridge University in Plant Molecular Biology and Bio Chemistry, undertaking a NATO Research Fellowship at Rockefeller University in New York and was Head of the Laboratory of Cotton Biotechnology in Singapore. He then pivoted to start a career in Venture Capital, looking to commercialise the scientific advancements he was seeing first hand. He studied an MBA at Imperial College London and later was Director of Imperial's Entrepreneurship Centre where he co-authored "Raising Venture Capital".
He has since worked at Atlas Ventures, Gimv and has co-founded Circadia Ventures, raising £55 million under management on behalf of Tate & Lyle. This has led to him investing in and being a Director of Evolve Biosystems, Changing Health and Prolypin GmbH.
Simon talks about his career in Venture Capital, advice on people looking to pursue a career in VC and thoughts on the landscape of VC now and into the future.
If you have any questions or want to get in contact with Simon - Simon.Barnes@wbs.ac.uk
WTFinance Platforms -
Instagram - https://www.instagram.com/wtfinancee/
Youtube - https://www.youtube.com/channel/UCPI-DJWmId3Y-Dd1yI8LDnw
WTFinance present the UK's Youngest Hedge Fund Owner - Drew Stephens.
Hear from the UK's Youngest Hedge Fund Owner about his journey to starting his own business.