
Hedgeye Podcasts
Hedgeye is an investment research and financial media company founded in 2008. Our core principles are transparency, accountability and trust. Hedgeye’s Real Conversations series, hosted by CEO Keith McCullough, brings together the brightest minds in the business to cut through the noise and discuss the financial market moves that actually matter.LEGALThe opinions expressed in Hedgeye Real Conversations are those of the individual speaking and not of Hedgeye, and should not be construed as specific investment advice.Hedgeye® is a registered trademark. All Hedegye Real Conversations are the intellectual property of Hedgeye. All rights reserved. For more information, and to subscribe, go to www.hedgeye.com.
Latest episodes

Jun 14, 2025 • 56min
Hedgeye NexGen: Building Wealth for Young & New Investors | Episode 17 | Why Everyone Is Talking About Nvidia & AI
Hedgeye Macro analyst Ryan Ricci breaks down finance to its simplest form to help you build wealth over the long term. In this episode, Hedgeye Global Technology analyst Jose Valcourt joins Ryan for a discussion on the explosion in popularity in owning $NVDA, why they are in just about everyone's portfolios these days, and how they're driving the AI conversation.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. Start generating alpha with our suite of “Sector Pro” investing research products. Dive deep into Retail, Industrials, Technology (and everything in between) with exclusive access to the sharpest analysts and actionable ideas on Wall Street. CLICK HERE to check out out product page. The Call @ Hedgeye is a live webcast that pulls back the curtain on the decision-making process of a world-class hedge fund. Our team of 40+ equity analysts join Hedgeye CEO Keith McCullough weekdays at 7:45am ET to discuss key market developments, trends and our high-conviction long and short investing ideas. You will not get this granular level of insight anywhere else. 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.

Jun 12, 2025 • 1h 8min
The Best of Hedgeye: Kyle Bass → Recession Risk Rising
Kyle Bass, the founder of Hayman Capital and a distinguished voice in global macro investing, dives into the economic challenges facing China and their ripple effects on the global stage. He discusses the precarious state of China's finances, highlighting its rising leverage and dependence on imports. Bass warns about the implications of U.S.-China relations and the risks of geopolitical tensions. With recession looming, he stresses the importance of cautious investment strategies, urging listeners to reflect on historical market cycles.

May 31, 2025 • 1h 6min
Hedgeye NexGen: Building Wealth for Young & New Investors | Episode 16 | Bitcoin
Dive into the fascinating world of Bitcoin, where its evolution from skepticism to a sought-after investment is unveiled. Learn how Bitcoin's immutable supply contrasts with inflationary pressures on traditional assets like gold and currency. Discover why nations are embracing Bitcoin, including El Salvador's historic decision to adopt it as legal tender. Explore the transformative potential of decentralized finance and how Bitcoin can reshape investment strategies while navigating a currency-challenged landscape.

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May 29, 2025 • 1h 4min
The Best of Hedgeye: Danielle DiMartino Booth → A Real Conversation
Danielle DiMartino Booth, former Fed advisor and Chief Strategist at Quill Intelligence, shares her insights on the complexities of the Federal Reserve and its impact on the economy. She critiques current Fed policies and discusses the dichotomy between Wall Street and smaller businesses, especially during economic turmoil. The conversation dives into the unsustainability of optimistic earnings growth against a backdrop of high unemployment, and the ramifications of political decisions on financial markets. Booth emphasizes the urgent need for a balanced approach to economic recovery.

May 21, 2025 • 58min
Ep.125 Real Conversations → CLOs Demystified: The Hidden Engine of Yield In Credit Markets w/ Danielle Gilbert, Eldridge Capital Management
Join Danielle Gilbert, Managing Director at Eldridge Capital Management, as she unpacks the mysteries of Collateralized Loan Obligations (CLOs). With extensive expertise in structured credit, she discusses the evolving CLO landscape, the impact of macro volatility on yields, and the significance of understanding credit quality. Gilbert also highlights how institutional capital is adapting, the advantages of CLOs over traditional investments, and effective risk management strategies needed during market fluctuations. A crucial listen for investors navigating today’s credit markets!

May 17, 2025 • 56min
Hedgeye NexGen: Building Wealth for Young & New Investors | Episode 15 | Owning vs. Renting
The podcast dives into the ongoing debate between owning a home and renting, highlighting the financial pros and cons of each option. It emphasizes current challenges like rising mortgage rates and wealth inequality. Discussions also cover the impact of economic factors on housing affordability, and how personal circumstances influence this major decision. Listeners gain insights into making informed choices about real estate and investment strategies in today's market, including the advantages of renting as a potential wealth-building strategy.

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May 15, 2025 • 1h 3min
The Best of Hedgeye: The Outlook → McCullough & Neil Howe on the Fourth Turning
Neil Howe, a renowned demographer and bestselling author, joins Hedgeye CEO Keith McCullough to dissect our current position in the Fourth Turning. They examine the economic landscape, discussing disinflation, rising interest rates, and the decline of the traditional investment portfolio. Howe highlights the unique challenges millennials face amid wealth disparities and the growing distrust in democracy. Delving into historical cycles, the conversation reveals how crises often catalyze societal transformations, urging listeners to reflect on the implications of generational shifts.

13 snips
May 7, 2025 • 57min
Ep.124 Real Conversations: Jurrien Timmer, Director of Global Macro, Fidelity → Market Risk, Rotation & Opportunity
Jurrien Timmer, Fidelity's Director of Global Macro, discusses the shifting landscape of investments. He highlights challenges to the traditional 60/40 portfolio and the trend of investors moving towards gold and Bitcoin. Timmer analyzes new policy risks tied to asset prices and warns of rising market risks while identifying emerging opportunities. He also delves into GDP markdowns and earnings resets, offering insightful predictions on equity markets. This conversation is a treasure trove for navigating today's complex financial terrain.

May 3, 2025 • 46min
Hedgeye NexGen: Building Wealth for Young & New Investors | Episode 14 | Annuities
Ryan Ricci simplifies finance, focusing on essential wealth-building strategies for new investors. Delve into the complexities of annuities, exploring their role in retirement planning and the hidden fees that can eat into returns. The discussion critiques the often expensive choice between annuities and mutual funds, pointing out smarter, cost-effective alternatives. Listeners gain insights on effective retirement savings methods, emphasizing low-cost investment options and accessible tools that empower young investors to make informed financial decisions.

May 1, 2025 • 56min
The Best of Hedgeye: Steve Hanke → Inflation Tsunami: Investing During A Rising Inflationary Tide
Steve Hanke, a renowned economist and senior fellow at the Cato Institute, dives into the intricacies of inflation and its impact on markets. He discusses the crucial role of money supply in driving inflation trends, challenging the notion of temporary price increases. Hanke critiques current economic models and shares insights on navigating commodity price surges and the speculative nature of cryptocurrencies. With a focus on effective investment strategies, he emphasizes the importance of recognizing shifts in economic conditions as inflation dynamics evolve.