On The Tape with Danny Moses

R.P. Eddy, founder and CEO of intelligence firm Ergo and co-author of Warnings, explores how to recognize credible Cassandras before disaster strikes. He connects Fukushima to Europe’s Russian energy dependence, examines AI’s unresolved controllability problem, and challenges the “beat China” race. The conversation also covers geopolitical upheaval, Iran, Russia-Ukraine, rare earths, America’s fiscal deficit, and why warnings can be a form of optimism.

Checkout 22V Advisory Direct: https://22vad.com/Host Danny Moses welcomes back 22V Research founder and CEO Dennis DeBusschere to discuss his prior market calls, including the S&P 500 reaching 7,800, and to unpack Kevin Warsh’s first Fed rate hike since 2023. DeBusschere argues the hike is justified by unexpectedly strong growth, tight unemployment, and inflation risks, and explains how higher 10-year yields can coexist with tight credit spreads as markets price stronger growth driven in part by massive AI-related CapEx. They discuss Treasury Secretary Bessent’s efforts to influence long-term yields and why policy can’t overpower fundamentals for long, plus the role of elevated oil from the Iran war. DeBusschere outlines positioning: prefer AI beneficiaries and software/services gaining margins, be cautious on consumers, transports, and financials, and buy housing if AI CapEx slows. They also cover US midterms, Brazil’s election dynamics, and 22V’s launch of 22V Advisory Direct.--ABOUT THE SHOWFor decades, Danny has seen it all on Wall Street and has built his reputation on integrity, curiosity and skepticism that he will bring with him each week. Having traded through the Great Financial Crisis and being featured in "The Big Short" is only part of the experiences Danny wants to share with the listener. This weekly podcast cuts through market noise, offering entertaining and informative discussions with expert guests giving their views of the financial world and the human side of it. Whether you're a seasoned investor or just getting started, On The Tape provides something for all listeners.Follow Danny on X: @dmoses34The financial opinions expressed are for information purposes only. The opinions expressed by the hosts and participants are not an attempt to influence specific trading behavior, investments, or strategies. Past performance does not necessarily predict future outcomes. No specific results or profits are assured when relying on this content.Before making any investment or trade, evaluate its suitability for your circumstances and consider consulting your own financial or investment advisor. The financial products discussed in 'On The Tape' carry a high level of risk and may not be appropriate for many investors. If you have uncertainties, it's advisable to seek professional advice. Remember that trading involves a risk to your capital, so only invest money that you can afford to lose.Derivatives are not suitable for all investors and involve the risk of losing more than the amount originally deposited and any profit you might have made. This communication is not a recommendation or offer to buy, sell or retain any specific investment or service. Hosted on Acast. See acast.com/privacy for more information.

Cameron Dawson, Chief Investment Officer at NewEdge Wealth, is a market strategist focused on equities, macroeconomics, and financial conditions. She explores what’s keeping stocks resilient, the weakening quality behind Mag Seven earnings, and warning signs in CCC credit. They also discuss AI’s capital demands, deficits, crowded bond shorts, the dollar, gold, and how upcoming Fed and Bank of Japan decisions could reshape markets.

Ned Michaels, former pro golfer turned PGA Tour Live commentator who covers majors and Ryder Cup, joins to blend golf and markets. He breaks down the new 2028 relegation-style format and match play appeal. They preview Tour Championship contenders and chat Jackson Hole, Fed moves, gold and miners, energy infrastructure, cannabis risks, and market trade ideas.

Sonali Basak, Chief Investment Strategist at iCapital and creator of The Bridge, blends journalism and market strategy. She explores AI token economics and how value shifts up the AI food chain. She digs into NVIDIA-led compute financing and crowding risks. She examines APAC innovation, oil’s consumer impact, hedge fund leverage unwind, and selective opportunities in Japan and parts of APAC.

Nicole Kagan, Head of Research at Kalshi and former macro investor at Bridgewater with Oxford academic work, walks through how Kalshi sources and writes tradable contracts. She explains using templates, CFTC self-certification, handling low-volume markets, and Kalshi’s predictive research on Fed and inflation. They also touch on institutional hedging, a prediction markets conference, and AI/compute pricing research.

Bob Elliott, author of Nonconsensus and CEO/CIO of Unlimited, is a macro investor focused on bonds, inflation and asset allocation. He talks Fed hawkish holds and persistent inflation. He warns oil risks from Hormuz and Red Sea disruptions. He explains rising real yields and why 30-year TIPS look attractive. He covers gold demand, surging equity/bond supply, stuck housing, fading consumer tailwinds, private credit returns, and China’s low-growth AI push.

Porter Collins, co-runner of Seawolf Capital and energy/macro trader, and Vincent Daniel, Seawolf operator with financial services and energy trading experience. They debate the Fed’s dilemma between cooling inflation and rising interest costs. They dig into tight refined-product markets and oil risk from war, map gold’s pullback and drivers, and unpack AI’s short-term margins versus longer-term job risks.

Joe Saluzzi, co-founder of Themis Trading and market-structure expert, talks market plumbing and looming regulatory shifts. He covers conflict-free agency, why discretion beats algos, retail order internalization and data flags, delays to the Consolidated Audit Trail, threats to trade-through protections, tokenization risks, and why investors should push for better execution and file SEC comments.

James Lavish, hedge fund veteran and founder of the Bitcoin Opportunity Fund, shares his take on macro, credit markets, and Bitcoin investing. He explains why the Fed and Treasury may be constrained by massive debt rollover. They discuss a possible capital rotation from AI hype back into Bitcoin, retail speculative behavior, and MicroStrategy’s balance sheet dynamics.