To close out our When Markets Break series, SmarterMarkets host David Greely sits down with Arjun Murti, the Former Head of Energy Equity Research at Goldman Sachs and the publisher of Super-Spiked on Substack. David and Arjun discuss the July 2008 spike in WTI crude oil prices to a record high of $147 a barrel and their subsequent collapse.

This week, SmarterMarkets host David Greely is joined by David Gornall, the former Global Head of Precious Metals Trading at Natixis and Former Chairman of the London Bullion Market Association (LBMA). Together, they discuss the massive dislocation between the gold markets in New York and London in March 2020 during the early days of the COVID-19 lockdown.

In our inaugural episode of When Markets Break, David Greely welcomes Beau Taylor, J.P. Morgan's Former Global Head of Energy Sales & Trading to the SmarterMarkets™ studio to recount his experience in the U.S. Natural Gas market following Hurricane Katrina. Together they explore the risk miscalculations, market conditions, and elements of human nature that led to one of the largest hedge fund collapses on record.  In the episode, Greely and Taylor revisit how a multi-strategy hedge fund transformed into one big bet on winter natural gas prices, why their collapse didn’t lead to wider systematic distress in the financial market, and what learnings we can apply to better manage volatility in today’s LNG markets.

In overlapping crises of climate and trust — how do we work together to effect change? For the final track of our Summer Playlist, we sit down with Edelman’s Global Climate Chair, Robert Casamento, to explore the role of communication in unlocking necessary climate action.  Insightful for organizational and global leaders alike, Robert and David Greely cover how to use our common goal of 1.5° to align on practical solutions that meet short and long term energy and infrastructure needs.

We’re continuing our search for the minerals required to execute the energy transition. This weekend, we are thrilled to welcome Jack and Will Lundin of the Lundin Group to the SmarterMarkets studio!  In the fifth episode of our Summer Playlist, we’re diving into the Lundin family’s passion for exploration — and how a rising millennial generation of entrepreneurs and adventurers are building into a new commodity cycle and preparing for the great energy and supply chain transformation. A note from the SmarterMarkets Team: We recorded this episode with Jack and Will last week, and we would like to take a moment now to remember their father, Lukas Lundin, who died this week following a two-year battle with brain cancer. Lukas Lundin was a visionary with a passion for the mining industry. He and his brother, Ian, expanded the operations of the Lundin Group of energy and mining companies around the world, employing more than 15,000 people and creating billions of dollars for shareholders. Accomplishments aside, Lukas wanted to be remembered more simply as a company builder who was fun to work with. We want to extend our sympathies to the Lundin family for their loss, and our gratitude for the friendship, kindness, and generosity that Lukas Lundin offered to members of our Abaxx and SmarterMarkets family. He will be missed, and we would like to dedicate this episode to him.

We're ending the hottest week of the year with a splash of cold water! Join host David Greely for an unforgettable interview with icon of industry, Robert Friedland, examining the commodities, resource and geopolitical requirements for the energy transition. In under an hour, we tackle the startling projections from S&P's Future of Copper report, the threat of losing touch with where things actually come from, and the staggering infrastructure prerequisites to achieve the renewable energy scale required to green the global economy.

What can we extract from traditional commodity markets to standardize and scale our carbon markets? On our third installment of the SmarterMarkets Summer Playlist, we catch up with Trafigura’s Global Head of Carbon Trading, Hannah Hauman, diving into the vital role of supply chain managers and trading companies in helping manage risk and ensuring carbon removals projects can achieve scale and meaningful climate impact.  Together, Hannah and David Greely explore the difficulties corporates face in seeking future-proof strategies to achieve their net-zero targets, the role of market mechanisms and price discovery in developing the voluntary carbon markets, and the need for consistent, predictable policy across both compliance and voluntary markets.

We are diving right into the deep end this weekend with former SmarterMarkets™ host and PrivacyCode CEO, Michelle Dennedy. We’ll be discussing protecting our privacy in the aftermath of the US Supreme Court overturning Roe vs Wade, building a better global information economy, and what Gen X can teach Gen Z, or vice versa. In the second installment of our Summer Playlist, Michelle and Dave explore how to build data systems that remain resilient in a time of extreme uncertainty — and the opportunity for self sovereign identity as we navigate increasingly high levels of physical, legal and financial risk.

Summer travel is here this holiday weekend! Join us as Jeff Currie, Goldman Sachs’ Global Head of Commodities Research, and host David Greely go around the world in just under an hour.  Originally meeting at the University of Chicago in 1992, they worked together in the 2000s through the “revenge of the old economy” commodities bull market. Today, we’re bringing them back together to discuss what’s different this time and what remains the same. In the first track of our SmarterMarkets™️ Summer Playlist, Jeff and David turn up the heat with a freestyle conversation touching on everything from carbohydrates to hydrocarbons — and how we can encourage, rather than discourage, the investment required to provide the food, energy, and metals we need.

After exploring algorithms, data and models, host David Greely takes a deep dive into the human element of optimizing risk management with Chief Risk Officer at Abaxx Exchange, Ryan Ingram. Join us for an episode dialed in on chronic issues facing risk managers in today's commodities and energy markets along with an optimistic take on what’s gone right after an unprecedented two years containing a global pandemic, extreme price volatility and war.