Forward Guidance
Blockworks
The laws of macro investing are being re-written, and investors who fail to adapt to the rapidly changing monetary environment will struggle to keep pace. Felix Jauvin interviews the brightest minds in finance about which asset classes they think will thrive in the financial future that they envision.Follow Felix: https://twitter.com/fejau_incFollow Forward Guidance: https://twitter.com/ForwardGuidance Subscribe on YouTube: https://www.youtube.com/@ForwardGuidanceBWFollow Blockworks: https://twitter.com/Blockworks_Forward Guidance Newsletter: https://blockworks.co/newsletter/forwardguidanceForward Guidance Telegram: https://t.me/+nSVVTQITWSdiYTIx
Episodes
Mentioned books
86 snips
Jul 4, 2025 • 1h 13min
All Roads Lead To Debasement | Weekly Roundup
This discussion delves into surprising labor market data and the hidden impacts of immigration on the workforce. The hosts critique both political parties for their failures while exploring the looming deficit and its implications. They highlight the U.S. shifting towards 'EM-ification' and the challenges of inequality. Currency debasement is framed as inevitable, raising questions about the future of the dollar. With insights into market volatility and government policy effects, the conversation captures a complex economic landscape.
37 snips
Jul 2, 2025 • 36min
Bringing The Long Tail Of Markets Onchain
Austin Campbell, a professor at NYU Stern with extensive experience in finance and stablecoins, joins the discussion on the intersection of TradFi and crypto. He explores how instant settlement and transparency can revolutionize traditional markets. Campbell delves into stablecoin demand dynamics and the emerging landscape of tokenized structured products. The conversation also touches on the advantages of perpetual swaps over options and the practical limits of decentralization, revealing exciting innovations shaping the future of finance.
53 snips
Jun 30, 2025 • 34min
The Stablecoin Future, Macro Moves & Big Tech Embracing Crypto | Permissionless IV Recap
The discussion kicks off with insights from the Permissionless IV conference, highlighting key trends in cryptocurrency. They dive into the future of stablecoins and their crucial role in addressing fiscal deficits. Big Tech's ambitions in the crypto space are unpacked, raising questions about centralization. The episode also reflects candidly on past predictions, revealing lessons learned amid the shifting landscape of decentralized finance and the competition with traditional financial institutions.
71 snips
Jun 27, 2025 • 43min
The Fed’s New Mandate Is Financing The Deficit | Weekly Roundup
The podcast dives into the shift in U.S. monetary policy toward financing government deficits and its effects on capital flows. Geopolitical tensions are linked to changing military strategies and a potential shift to a multi-polar world. Discussions on the impact of a weakening dollar and emerging technologies like AI highlight future investment dynamics. There's also a look at how tariffs and crypto could reshape wealth, coupled with insights into housing affordability and generational wealth gaps.
21 snips
Jun 25, 2025 • 39min
DeFi Lending Will Eat Wall Street By 2030 | Sidney Powell
Sidney Powell, CEO and founder of Maple Finance, dives into the dynamic world of crypto lending. He shares insights from his transition from traditional finance and discusses how the 2022 credit collapse reshaped the industry. Powell explains the shift toward overcollateralized lending and highlights the appeal of Bitcoin-backed yield products. He also emphasizes the entry of traditional institutions into DeFi, exploring the benefits of transparency and composability, and how innovative lending strategies are set to revolutionize finance by 2030.
41 snips
Jun 20, 2025 • 55min
The Fed Is Still Choosing to Be “Late” On Rate Cuts | Weekly Roundup
Joseph Wang, a former member of the New York Fed and known as Fed Guy, dives into the Fed's recent hawkish pivot and the looming specter of stagflation. He discusses Powell’s strategy of delayed rate cuts and implications for bond markets, including SLR exemptions and TGA refills that could spike yields. Joseph also explores the decline of U.S. dollar dominance and offers insights on navigating a perilous asset landscape, particularly with the potential shake-up from the 2026 Fed chair appointment.
4 snips
Jun 18, 2025 • 1h 9min
Empire | Introducing the Token Transparency Framework
Dan Smith, Head of Data at Blockworks, dives into the new Token Transparency Framework designed to boost clarity in the crypto space. He highlights the imperative for transparency to attract institutional investment and build trust. The discussion navigates the complexities of token markets, drawing parallels with traditional markets and underscoring the importance of legal protections. Smith emphasizes how the framework can help assess token projects more effectively, enhance investor confidence, and combat the challenges posed by speculative market behavior.
29 snips
Jun 18, 2025 • 38min
Market Infrastructure Is Being Rebuilt on Blockchain | Vishal Gupta
Vishal Gupta, Founder and CEO of True Markets and former head of USDC at Circle and Coinbase Exchange, discusses the innovative shifts in finance. He highlights how stablecoins are transforming market dynamics and the increasing relevance of perpetual futures compared to options. Gupta emphasizes the need for robust infrastructure to manage the fragmentation of stablecoins and examines the potential of blockchain in revolutionizing market access and trading experiences. His insights bridge the gap between traditional finance and the crypto landscape.
50 snips
Jun 14, 2025 • 50min
The Unwinding Of The Global U.S Dollar Trade | Weekly Roundup
Dive into the ongoing unwinding of the U.S. dollar and its ripple effects on global markets. Explore the rising geopolitical tensions, particularly between Israel and Iran, and their implications for oil prices. Discover how gold trading is being influenced by economic indicators and geopolitical uncertainty. Delve into the U.S. Treasury market's complexities and the potential risks of high-yield investments. Finally, consider the broader impact of the dollar's decline on investment strategies amidst inflation and interest rate changes.
87 snips
Jun 11, 2025 • 59min
Former Fed Official & Stablecoin Expert On The Future Of Money | Robert Bench
Robert Bench, a former Fed official, USDC co-creator, and founder of Radius, shares his insights on the future of digital money. He explores the controversial path of CBDCs and the rise of stablecoins, emphasizing the urgency for the U.S. to innovate before losing ground to China. Bench discusses how stablecoins are revolutionizing financial transactions and critiques traditional banking methods. He also unveils Radius's plans to disrupt existing payment infrastructures, revolutionizing the way we think about online transactions.
