Hedgeye Podcasts

R. Patrick Kent, known as RPK, is a portfolio manager at Hedgeye Asset Management with a rich background in healthcare analysis. In this conversation, he shares insights on opportunistic investing and the vital role of understanding rate of change in financial markets. Kent discusses his journey from healthcare analyst to portfolio manager, emphasizing the importance of modeling for business dynamics. He also delves into the impact of AI on idea discovery and offers valuable skills for young investors navigating today's markets.

Fernando Valle, Hedgeye’s Energy Sector Head, dives deep into the dynamics of natural gas and power demand revival after years of stagnation. He discusses the implications of grid underinvestment and how AI's growth is driving energy needs. Valle also distinguishes between weather-driven price spikes and the emerging higher baseline for natural gas. His insights on preferred equities in the Haynesville region and the landscape of LNG exports reveal key market opportunities. Plus, he highlights the role of demand in shaping commodity cycles.

Join food analyst Ben as he dives into the realities of inflation in America. They dissect Trump's claims about food and energy prices while exploring the mixed signals in food inflation. The discussion highlights the declining happiness of young Americans due to housing unaffordability and stagnant wages, alongside trends in the restaurant sector. Tune in for insights on how past stimulus checks have impacted inflation, and the implications of potential tariff dividends on future economic stability.

Ben Hunt, co-founder of Epsilon Theory and former hedge fund manager, dives into the shifting landscape of capital markets, arguing they now serve political utility more than economic productivity. He shares insights on the fragility of current financial systems, anticipating stagflation as his base case driven by expansive fiscal policies. Hunt emphasizes the importance of community engagement for lasting change and explores the power of narratives in shaping market movements. He also discusses the precarious status of the U.S. dollar and the need for humility in geopolitical actions.

In this discussion, Jim Rickards, bestselling author and macro strategist, dives into the dynamics of gold as a hedge against chaos and inflation. He explains why gold could soar beyond recent highs and debunks common myths around debt debasement. The conversation touches on the contrasting participation levels in gold markets globally, especially between the U.S. and Australia. Rickards further explores BRICS' role in gold settlements and discusses the implications of central banks hoarding gold as a safety measure in uncertain times.

Bennett Cheer, Hedgeye's restaurants analyst, brings invaluable insights on the consumer landscape, particularly in the restaurant sector. He discusses current traffic challenges, highlighting the importance of innovation. The conversation dives into market volatility and liquidity stresses driven by government actions and Fed expectations. Cheer also touches on recent mergers in the restaurant space, implying both opportunities and risks. The analysis of consumer spending trends reveals generational shifts, prompting a critical view on investment allocations.

Markets are shifting rapidly from Stagflation to Goldilocks, and many investors may miss this key transition. Keith McCullough highlights seven high-conviction ETFs across major asset classes to capitalize on upcoming opportunities. He discusses the importance of risk management, tracking market structure, and the Quad model for asset allocation. Special insights include bullish signals for copper and healthcare, as well as a strategic focus on global water investments. Tune in for actionable advice on navigating these evolving economic conditions.

The hosts dive into the surge in AI spending, examining whether this financial boom is sustainable or just circular financing. They discuss the potential breakout of small caps thanks to expanding AI infrastructure. A surprising take on credit market risks highlights hidden dangers, while a reality check on market volatility offers insights for positioning. With anecdotes from their experiences, they emphasize long-term thinking in investing and the need to adapt to shifting technology landscapes.

Hedgeye Macro analyst Ryan Ricci breaks down finance to its simplest form to help you build wealth over the long term. In this episode, Ryan explains what government shutdowns are, why they happen, how they affect (and don't affect) the economy, and what exactly is going on with the 2025 edition of a shutdown.Want to see how Hedgeye called every major market crash since 2008? Get 7 days free access to our hedge fund quality research at hedgeye.com/summit. No credit card required.Our Black Friday sale starts November 1st. You'll get our best prices all year, and you can explore everything free right now. Visit hedgeye.com/summit to start your free trial. Hedgeye Founder & CEO Keith McCullough's long-awaited new book, “Master The Market” is available now! In this 52-page e-book, Keith McCullough distills decades of Wall Street experience into actionable insights. Discover how to navigate market cycles, avoid major losses, and invest with the confidence of a seasoned pro. Download your free copy right now. Go to Hedgeye.com/book. That’s Hedgeye.com/book. Get an investing edge on the enormous amount of money flowing into options every day, what they’re signaling, and the structural and behavioral trends driving markets higher or lower. The Market Situation Report™ includes access to a daily newsletter and weekly webcast featuring analysis of the Tier 1 Alpha team's proprietary models. CLICK HERE to check out our product page. Turn off that tired “Old Wall” TV and tune into The Macro Show, Hedgeye’s live daily broadcast featuring key market and economic insights, investing implications and interactive viewer Q&A. See for yourself why more and more investors in the U.S. and abroad have made this “must-see” market TV. We are live online every weekday morning at 9:00am ET. CLICK HERE to check out our product page.

***This Webcast aired live on HedgeyeTV on October 16th, 2025***This is an exclusive "Hedgeye Investing Summit" interview between Hedgeye Asset Management Portfolio Managers Sam Rahman, R. Patrick Kent, & David Salem, and Hedgeye CEO Keith McCullough.Visit Hedgeye.com for more great investing content.Subscribe to other Hedgeye Products Here:The Call @ HedgeyeThe Macro ShowSignal Strength StocksWant to see how Hedgeye called every major market crash since 2008? Get 7 days free access to our hedge fund quality research at hedgeye.com/summit. No credit card required.Our Black Friday sale starts November 1st. You'll get our best prices all year, and you can explore everything free right now. Visit hedgeye.com/summit to start your free trial. Hedgeye Founder & CEO Keith McCullough's long-awaited new book, “Master The Market” is available now! In this 52-page e-book, Keith McCullough distills decades of Wall Street experience into actionable insights. Discover how to navigate market cycles, avoid major losses, and invest with the confidence of a seasoned pro. Download your free copy right now. Go to Hedgeye.com/book. That’s Hedgeye.com/book. Get an investing edge on the enormous amount of money flowing into options every day, what they’re signaling, and the structural and behavioral trends driving markets higher or lower. The Market Situation Report™ includes access to a daily newsletter and weekly webcast featuring analysis of the Tier 1 Alpha team's proprietary models. CLICK HERE to check out our product page. Turn off that tired “Old Wall” TV and tune into The Macro Show, Hedgeye’s live daily broadcast featuring key market and economic insights, investing implications and interactive viewer Q&A. See for yourself why more and more investors in the U.S. and abroad have made this “must-see” market TV. We are live online every weekday morning at 9:00am ET. CLICK HERE to check out our product page.