Steph Pomboy

Steph Pomboy, President of MacroMavens, offers sharp insights into today's financial landscape. She discusses the impact of globalization and low interest rates on corporate credit structures, highlighting vulnerabilities amid rising unemployment. The conversation delves into the complexities of credit markets and the risks faced by lower-rated companies as debt accumulates. Pomboy critiques private equity practices, linking them to widening wealth inequality, and warns of the volatile relationship between inflation and corporate profits, advocating for a rational investment approach.

In this discussion, Steph Pomboy, founder of Macro Mavens, shares her insights on the current economic recession and the Fed's challenges in managing it. She explores the viability of printing more money during downturns and emphasizes her preference for cash and gold as safe havens. The conversation shifts to Bitcoin, where Steph discusses its volatility and investment potential amid regulatory scrutiny. She highlights the need for financial literacy and independent thinking when navigating today's tumultuous financial landscape, contrasting hard assets with fiat currencies.