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
9 snips
Mar 29, 2024 • 1h 7min
Inflation Isn’t Going Away And Investors Own The Wrong Assets | Larry McDonald on “When Markets Speak”
Larry McDonald discusses the shift from tech to natural resources due to impending inflation. Topics include macroeconomics, hard assets investment, inflationary landscape, commodities market, NVIDIA valuation, Bitcoin as a hedge, S&P 500 sector changes, effects of inflation on purchasing power, impact of interest rates, US dollar as reserve currency, and contrarian investing strategies.
25 snips
Mar 28, 2024 • 40min
Joseph Wang, Michael Howell, Julian Brigden, and Jonny Matthews on 2024 Macro Outlook | Blockworks’ Digital Asset Summit (Recorded March 19, 2024)
Macro analysts Joseph Wang, Michael Howell, Julian Brigden, and Jonny Matthews share their 2024 outlook on global economy, stocks, bonds, currencies, and Bitcoin. Discussions include U.S. outperforming global economy, loose financial conditions, central bank policies, Bitcoin as hedge, Federal Reserve's interest rate cuts dilemma, and future of US dollar and cryptocurrencies.
61 snips
Mar 26, 2024 • 1h 13min
Russell Napier On The Rise And Fall Of The Age Of Debt And China’s Choice Between Deflation and Devaluation
Russell Napier, founder of Orlock Advisors, discusses China's monetary policy decisions, Bitcoin as a hedge, real estate bubbles, foreign exchange reserves impact, stock market dynamics in Asia, and potential US implications of Chinese monetary policy. They explore historical shifts in monetary policy, China's role in global monetary dynamics, and the challenges of managing credit growth and debt levels.
Mar 18, 2024 • 2h 28min
Dr. Ingo Sauer on Hyperinflation, Central Bank Insolvency, and The ECB (European Central Bank)
Dr. Ingo Sauer discusses hyperinflation in 1923, central bank insolvency, and the ECB. He argues that impairment of central bank assets, not money printing, caused extreme inflation. Sauer shares concerns about the ECB's balance sheet. The podcast explores historical hyperinflation events, currency devaluation post-World War I, and central bank solvency. It also delves into the impact of hyperinflation in Germany, differences between central bank money and bank money, and central bank management of yield curves and risks.
Mar 14, 2024 • 1h 5min
Nick Halaris: Commercial Real Estate Hanging In There Despite "Crushing" Interest Rate Shock
In this podcast, Nick Halaris discusses the impact of rising interest rates on commercial real estate deals, the resilience of multi-family housing, and the potential bottoming out of the office market. He also shares insights on the single-family housing market and the challenges faced by investors in a shifting real estate landscape.
20 snips
Mar 12, 2024 • 59min
Liz Ann Sonders: There's No Such Thing As A Typical Interest Rate Cutting Cycle
Liz Ann Sonders from Charles Schwab discusses U.S. equities, highlighting the strength in a few large cap stocks. She challenges the idea of a typical Fed interest rate cutting cycle and its impact on the stock market. The podcast also explores Bitcoin accessibility through ETFs and the economic stimulus impact, along with the influence of AI on market performance.
4 snips
Mar 8, 2024 • 52min
The Fate Of The Fed's Balance Sheet | Lou Crandall & Joseph Wang on Draining of Reverse Repo (RRP) Facility, Timeline of QT Taper, and 2024 Tax Refund Data
Discussions on the decline of Fed's balance sheet and basis trade, Lou's accurate prediction on BTFP renewal, insights on QT tapering, money market data indicating QT continuation, exploring US fiscal spending impacts
Mar 7, 2024 • 55min
The Erosion of Institutional Accountability | Dr. Luigi Zingales on Bank Failures, Whistleblowing, and The Fed
The podcast discusses the erosion of institutional accountability, focusing on bank failures and whistleblowing. It explores potential solutions like the abolition of NDAs and the role of activist investors. The conversation touches on the future of financial technology, including Central Bank Digital Currency (CBDC) and the impact on commercial banks. The episode also delves into the complexities of the American economy post-financial crisis and the challenges faced by the commercial real estate sector.
43 snips
Mar 4, 2024 • 1h 42min
Portrait Of A Sick Market | Milton Berg On How The Stock Market’s Exhaustive Rally Is Reminiscent of 2000, 1968, and 1929
Renowned market technician Milton Berg shares bearish outlook on the stock market rally, highlighting signs of a potential peak. Discussion on unique strength and weakness of current bull market, indicators pointing towards market top, and reasons for leaning bearish. Insights on Federal Reserve interest rate cuts, earnings cycle, and potential scenarios for market decline.
7 snips
Mar 3, 2024 • 57min
Remi Tetot on AI, Crypto, and Uranium
Topics include caution around stock market valuations, cyclical nature of Nvidia's data center business, skepticism towards AI hype, discussions on Fed's balance sheet and rate cuts, insights into the crypto market trends and investment strategies, uranium supply and demand dynamics, and Remi's long idea on homebuilders.
