The Julia La Roche Show

Edward Dowd, Founding Partner of Phinance Technologies, a global macro alternative investment firm, and author of "Cause Unknown: The Epidemic of Sudden Deaths in 2021 & 2022,” joins Julia La Roche on episode 179. Links:  PhinanceTechnologies: https://phinancetechnologies.com/ Twitter/X: https://x.com/DowdEdward 00:00 Intro and welcome Ed Dowd   00:46 Macro picture  02:14 On the precipice of a slowdown in the economy 03:15 State of the real economy  04:30 Disconnect in the U.S. stock market, a fast and furious correction 10:17 Preparing for the correction: allocating portion to T-Bills 11:38 Generational opportunity  13:30 Growing debt and deficits  15:45  Need the austerity candidate  16:58 A looming crisis  18:48 UBI and a CBDC  22:25 Gold  24:30 Toxic brew  27:29 Erosion of the middle class 29:00 Inflation  30:40 Rate cut  33:00 Policy error of the Fed 36:20 Real estate  38:00 Immigration  40:13 GDI for average middle class went up under Trump 42:12 Chaos creates opportunity  46:12 Phinance Technologies: Providing Alternative Perspectives on the Market

Peter Boockvar, Chief Investment Officer at Bleakley Financial Group and CNBC contributor, discusses the mixed and uneven state of the economy, highlighting trends in housing, consumer spending, and manufacturing. He talks about government spending, the labor market impact, and challenges faced by the Federal Reserve. Boockvar shares his outlook on slower US growth, Asia's economic importance, and investment preferences in commodities and Asian markets.

Mike Green, market expert, shares insights on the impact of passive investing on market dynamics. He discusses the market being on autopilot, the influence of passive flows on large stocks, and the disconnect between markets and fundamentals. Topics include retirement wealth perception, Ponzi funds, and the implications of passive investing on retirement planning.

Economist Jonathan Treussard discusses confusing macro data, market volatility, wealth inequality, AI, and market bubbles. He shares insights on market risks, middle class struggles, and his journey from musician to economist. Treussard also explores changing perceptions of America, opportunities in U.S. higher education, and concerns about CRE and private credit.

Chris Whalen, an investment banker and author, discusses the potential commercial real estate crisis, the US economy, the upcoming presidential election, and the American dream. Topics include the hidden risks in the economy, the Fed's role, debt crisis, inflation, and the evolving concept of the American dream.

Reformed hedge fund manager James Lavish discusses the looming recession, debt spiral, and inflation. He highlights the manipulation of inflation numbers, US deficit crisis, and the need to invest in hard assets. The conversation also covers challenges in the bond market, Fed's response, stagflation, and the importance of owning gold, silver, and Bitcoin in the current economic scenario.

Dave Collum shares his grim macro view on financial markets and economics, predicting a potential long-term bear market and discussing the future of the American experiment. He also delves into his remarkable journey to financial success, wise investment decisions, and insights on detecting financial crises. Additionally, the podcast explores market cycles, global alliances, sensitive topics like the Khashoggi murder and election rigging, prepping for catastrophic events, handling controversy and cancel culture, and strategies for YouTube risks and writing.

John Cochrane, Senior Fellow at the Hoover Institution, discusses the US economy, fiscal theory of the price level, inflation causes, and debt implications. Emphasizes supply-side efficiency, fiscal discipline, tax code reforms, and AI's growth potential. Warns against stifling innovation and highlights the interconnectedness of policies to address the fiscal picture.

David Friedberg, CEO of O'Halo Genetics, discusses a genetic breakthrough for world hunger. Topics include challenges of civilization, revolutionizing agriculture with new plant reproduction tech, sustainable impact, economic challenges, and reflections on technology and progress.

Bob Elliott, CEO of Unlimited, discusses the income-driven economic expansion causing challenges for the Fed. He warns that the biggest risk for equity investors is the economy remaining too strong, putting pressure on the bond market. Elliott advises holding cash, gold, and commodities while being cautious about stocks and bonds.