AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
The Carly P Reilly Show
Raoul Pal’s Q4 + 2024 Predictions l #205
Oct 20, 2023
In this podcast, macroeconomist Raoul Pal discusses his predictions for Q4 and 2024, the millennial generation's fascination with Gamestop and NFTs, the future of crypto payments, the scale of AI, and the worst upcoming 12 months in US history. They also touch on topics like the likelihood of a credit crisis, Raoul's presidential pick, and the possibility of Bitcoin existing outside the chain.
59:33
Episode guests
AI Summary
AI Chapters
Episode notes
Podcast summary created with Snipd AI
Quick takeaways
- Cryptocurrency acts as a multiplier in macro cycles, and Raoul Pal predicts that as liquidity rises, crypto will outperform the market.
- Advancements in AI and robotics will lead to a shift in society, with AI driving liquidity and risk-taking in the crypto market.
Deep dives
Raoul Pal's Predictions for the Recession and Market Performance
Raoul Pal, a macro investor and founder of Real Vision, discusses his predictions for the recession and market performance. He accurately stated that the big scary recession that everyone predicted was not looming. He believes that we will have a mild recession, but the markets are already looking forward and pricing in growth. Pal predicts that the NASDAQ and S&P will finish the year at all-time highs. He also highlights the close relationship between the crypto market and macro cycles, stating that crypto, especially Bitcoin, acts as a multiplier. Pal expects that as liquidity rises, crypto will outperform, and he anticipates a decoupling of NFTs from equities as the NFT economy bottoms out and starts to recover.
Get the Snipd
podcast app
Unlock the knowledge in podcasts with the podcast player of the future.
AI-powered
Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode
Save any
moment
Hear something you like? Tap your headphones to save it with AI-generated key takeaways
Share
& Export
Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more
AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode