About this podcast
The laws of macro investing are being re-written, and investors who fail to adapt to the rapidly changing monetary environment will struggle to keep pace. Felix Jauvin interviews the brightest minds in finance about which asset classes they think will thrive in the financial future that they envision.
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Episodes
The newest 50 of 636 episodes
- Long Gold And Short Semis Into Year-End? | Weekly Roundup · 48 minIs the AI trade officially dead and where can investors hide while we wait and see? This week, we’re joined by Tony Greer to unpack the semiconductor selloff and the trades…
- Is The AI Selloff A Buying Opportunity? | Warren Pies · 53 minIs the AI trade busting or is the market just catching its breath? This week, Warren Pies of 3Fourteen Research joins us to explain why he took equity risk off while still…
- The Fed Is A Sideshow While The AI Trade Implodes | Weekly Roundup · 59 minThe AI trade is cracking and the Fed is too boxed in to help. This week, Felix and Quinn weigh what a fracturing AI story and stalled monetary policy mean for markets heading…
- The Only Way Out Is Through | Weekly Roundup · 57 minCan anything stop oil's run when the SPR is already drained? This week, we dig into why the oil squeeze is becoming structural, not just a Strait of Hormuz story. We explore…
- Where Is The Crypto Alpha Hiding This Cycle? · 33 minIs crypto finally rewarding the investors who do the work? This week, we sit down with three top allocators at DAS Singapore to unpack where the real alpha lives in an early…
- The Bond Market Is Pricing In Something Worse Than Inflation | Weekly Roundup · 52 minIs the AI trade now the only thing standing between the economy and a slowdown? This week, we unpack why bonds are rallying through scalding inflation data and what that says…
- Robinhood & Lighter: Why Wall Street Is Moving Onchain · 20 minAre onchain markets about to become the default way the world trades? This week, Felix sits down live at DAS Singapore with Robinhood's Johann Kerbrat and Lighter's Vlad…
- America’s AI Boom Is Squeezing Main Street | Weekly Roundup · 54 minCan policymakers keep the AI boom alive without squeezing the rest of the economy? This week, Aidan Garrib, PGM Global’s head of global macro strategy and research, joins us to…
- The Bond Market Pain Isn't Over | Weekly Roundup · 1 h 1 minThe 10-year just closed at 5.22%, but the pain trade may be even higher. This week, 40-year rates trading veteran DCP joins us as we examine the bond selloff and what it would…
- The Fed Is Hiking Into A Growth Slowdown | Weekly Roundup · 1 h 12 minWhat happens when the Fed hikes into fading stimulus, slowing growth, and persistent inflation? This week, we're joined by Vincent Deluard of StoneX Group to explore America’s…
- The Market Is Mispricing A Correlation Shock | Dean Curnutt · 54 minHistorically low volatility may be masking a meaningful shift in market risk and the AI trade. This week, Macro Risk Advisors CEO and Alpha Exchange Host Dean Curnutt explains…
- The Bond Market Is Trapping The Fed | Weekly Roundup · 45 minBond investors are testing whether policymakers can suppress yields without reigniting the inflation they claim to fear. This week, we unpack the political incentives, stubborn…
- Fiscal Dominance Is Breaking The 60/40 Portfolio | Matt Hougan & Bob Haber · 45 minThe 60/40 portfolio was built for an old regime, but what replaces bonds when fiscal dominance and currency debasement become structural? This week, Bitwise CIO Matt Hougan and…
- Druck Calls Out Bessent & Will Jackson Hole Derail The Debasement Trade? | Weekly Roundup · 53 minThe macro establishment is turning on itself as Stan Druckenmiller challenges Scott Bessent’s efforts to suppress long-term Treasury yields. This week, we unpack the…
- Treasury-Led Financial Repression Is Ushering In A Debasement Regime | Weekly Roundup · 54 minTreasury is quietly taking control of financial conditions and the market implications could trigger a new wave in the debasement trade. This week, Felix and Quinn unpack…
- The Growth Strategy Trapping The Fed | Darius Dale · 46 minRunning the economy hot may keep growth alive, but it creates a dangerous balancing act for markets. Darius Dale, founder of 42 Macro, joins us to explain why today’s…
- Washington Is Suppressing Volatility To Keep The AI Boom Alive | Weekly Roundup · 60 minWashington is shifting from monetary management toward state-directed capitalism and the consequences could reshape where capital flows next. This week, Tyler joins us for his…
- The Portfolio Built To Survive Every Crash | Jared Dillian · 32 minMarkets are relearning that durable wealth comes from disciplined risk management, not chasing momentum or relying on central bank intervention. This week, we're joined by Jared…
- The AI Unwind And Warsh's Long-End Gamble | Weekly Roundup · 49 minAI’s leverage-fueled boom is colliding with a Fed determined to tighten conditions without touching short-term rates. This week, we dig into the Situational Awareness…
- AI Efficiency Is Repricing The Compute Market | Steve Hou · 44 minAI’s next phase hinges on a paradox: falling costs could threaten today’s winners while unlocking far greater demand. Steve Hou, head of research at Silicon Data and former…
- The AI Unwind Is Forcing A Historic Market Rotation | Weekly Roundup · 54 minThe market’s most crowded trade is beginning to crack, but where the fallout spreads next remains unclear. This week, we dig into the violent momentum unwind and mounting…
- Think Like Everyone Else, Lose Like Everyone Else | Brent Donnelly · 46 minMarkets reward independent thinking, but only if you can avoid the traps that come with it. This week, Brent Donnelly, President of Spectra Markets and author of Trade Outside…
- The AI Trade Is Finally Cracking | Weekly Roundup · 47 minMarkets can look strongest just before their underlying assumptions begin to crack. This week, we examine whether the AI-led growth narrative is beginning to unravel as…
- How To Trade The New Warsh Fed | Bob Sheehan · 45 minMarkets may be entering a fundamentally different monetary regime under Kevin Warsh. This week, Bob Sheehan of Lighthouse Macro joins to explain why the Fed's evolving framework…
- Is The Fed Panic Already Fading? | Weekly Roundup · 60 minThe Fed scare that dominated markets may already be losing momentum. Now investors are asking what comes next as the AI trade, inflation picture, and market leadership evolve…
- A New Era Is Beginning In Markets | Weekly Roundup · 1 h 4 minA new era at the Federal Reserve may be reshaping how markets think about rates, volatility, and the role of central banks. But is the market interpreting Kevin Warsh's first…
- The Warsh Fed Will Look Nothing Like Before | Joseph Wang · 40 minA new Fed chair has arrived, and the implications could be far bigger than a single rate decision. Joseph Wang, former Fed trader and creator of Fed Guy, joins Forward Guidance…
- Blockworks Acquires Messari · 29 minIn this special episode, Blockworks announces its acquisition of Messari and unpacks what it means for crypto’s next phase. Michael and Jason explore why Messari’s breadth of…
- Policy Intervention Is Keeping The Bull Market Alive | Weekly Roundup · 57 minMarkets increasingly seem to respond more to intervention than fundamentals, raising a bigger question about what actually drives asset prices today. This week, we discuss how…
- Warsh Must Choose The Dollar Or The Bond Market | Luke Gromen · 52 minA seemingly simple Fed transition is becoming a massive stress test of the entire financial system as rising debt, inflation, and global energy crisis collide. Luke Gromen of…
- Why This Economy Refuses To Break | David Cervantes · 47 minWhile investors wait for a recession that never comes, AI spending and fiscal stimulus keep pouring fuel on the expansion. David Cervantes of Pinebrook Capital joins to explain…
- How To Trade The AI Productivity Boom | Weekly Roundup · 50 minThis week, we're back to discuss whether the economy is entering an AI driven productivity boom and what that means for markets. We deep dive into whether the Fed should actually…
- Can The AI Driven Rally Continue? | Weekly Roundup · 52 minThis week, we're back to discuss the current AI driven market rally and wether or not it can continue. We then deep dive into the positive tailwinds for energy companies, the…
- The Consumer Cushion Is Almost Gone | Weekly Roundup · 53 minMarkets are partying like it’s 2021 again, but consumers are cracking, inflation is heating up, and policymakers may be losing control. This week, we unpack the AI-driven…
- The Fed Is Losing Its Easing Bias While AI Props Up The Economy | Neil Dutta · 49 minAI is holding up the economy, but the foundation underneath is getting harder to read. Neil Dutta of Renaissance Macro joins Forward Guidance to unpack why inflation, labor, and…
- Oil And AI Are Breaking The Middle Class | Weekly Roundup · 54 minMarkets are ripping while geopolitical risk, inflation, and class tensions boil under the surface, creating a growing disconnect between booming asset prices and the economic…
- Passive Easing Is Fueling The Next Inflation Wave | Danny Dayan · 50 minInflation may be reaccelerating just as policymakers are mistaking inaction for restraint. Danny Dayan joins the show to explain why passive easing, loose financial conditions…
- Central Bank Control Is Breaking | Weekly Roundup · 1 h 2 minMarkets may be entering a volatile new regime where inflation, geopolitics, and policy fragmentation collide, challenging the stability investors have relied on for decades…
- The AI Bubble Is Widely Misunderstood | Steve Hou · 56 minAI may be the most powerful economic force since the internet, but its true impact remains deeply uncertain. Steve Hou, Senior Quant Researcher at Bloomberg and a macroeconomist…
- The Fed Is Irrelevant While CapEx Runs The Economy | Weekly Roundup · 1 h 3 minMarkets feel stable on the surface, but conflicting forces are building around Fed uncertainty, AI-driven growth, and structural imbalances that may not coexist for long. This…
- Markets Are Misreading A Late Cycle Liquidity Crunch | Michael Howell · 59 minLiquidity may be sending a very different signal than most investors think, challenging the dominant narrative around growth, rates, and risk. We sit down with Michael Howell of…
- Market Structure is Fueling an Inflation Trap | Weekly Roundup · 37 minMarkets are ripping higher, but something underneath feels increasingly disconnected from reality. This week, we break down the growing dominance of flows, derivatives, and…
- How the World’s Biggest Macro Hedge Funds Are Using AI | Jan Szilagyi · 48 minAI is reshaping how decisions get made in markets, but does faster insight actually create better outcomes, or just new risks? We speak with Jan Szilagyi, CEO of Reflexivity and…
- Markets Are Trapped Between Geopolitical Chaos and AI Productivity Boom | Weekly Roundup · 57 minMarkets are sending mixed signals with geopolitics, inflation, and positioning all pointing in different directions, raising concerns about whether this rally is real or just a…
- The Iran War is Accelerating the End of Globalism | Jacob Shapiro · 53 minA war few expected to last this long is exposing how fragile global systems really are, raising a deeper question about whether we're witnessing a temporary disruption or the end…
- Why AI Will Reprice The Entire Economy | Jordi Visser · 33 minAI is much more than another tech cycle. It’s a structural break that’s rewriting how economies function, how markets price assets, and how humans create value. We sit down with…
- Market Structure is Distorting Reality as Inflation Builds | Weekly Roundup · 1 h 1 minMarkets appear frozen, but under the surface, positioning shifts and macro pressures suggest something far more unstable is unfolding. We’re back with the trio dissecting market…
- Fed Governor Miran on Why Inflation Fears Are Overstated · 33 minPolicy may be reacting to the wrong signals, as powerful structural forces quietly reshape inflation and the economy beneath the surface. In this episode live from the Digital…
- The Fed Is Trapped As Oil Drives Inflation Higher | Weekly Roundup · 41 minGlobal markets face a fragile moment where a geopolitical shock could collide with already restrictive monetary policy, creating a setup few investors are prepared for. Felix…
- AI Will Drive The Biggest Boom In History | Raoul Pal · 42 minAI is forcing a rethinking of everything from energy and geopolitics to markets and human purpose while raising a deeper question: are we entering an era of abundance or losing…
