Investment banker and author Chris Whalen, chairman of Whalen Global Advisors, who is also the author of The Institutional Risk Analyst, returns to the show for episode 208 to discuss the economy, markets, and the 2024 presidential election.
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Links:
Twitter/X: https://twitter.com/rcwhalen
Website: https://www.rcwhalen.com/
The Institutional Risk Analyst: https://www.theinstitutionalriskanalyst.com/
Stanley Middleman book: https://www.amazon.com/Seeing-Around-Corners-Achieving-Business/dp/B0D5PTSJVC/
Timestamps:
00:00 Intro and welcome back Chris Whalen
00:56 Big picture, overview of interest rates and Fed policy
02:57 Analysis of Treasury bond market dynamics
04:11 Long-term outlook for bonds and market structure
06:01 Discussion of fiscal policy and government spending
09:00 Critique of government spending efficiency
11:24 Commentary on government sector competency
13:21 Election outlook and demographic shifts
16:56 Analysis of Bank of America and banking sector
19:16 Discussion of stock selection in current market
22:42 Investment strategy in uncertain times
24:59 Analysis of hydrogen and energy sector outlook
26:02 Key market risk: potential for higher long-term rates
28:05 Closing thoughts and upcoming conference call
The Julia La Roche Show