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
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.
53 snips
Jun 6, 2025 • 56min
The Trump–Elon Fallout Proves Nothing Stops The Spending Train | Weekly Roundup
Explore the unraveling alliance between Trump and Elon as a reflection of fiscal denial. Delve into the slow demise of austerity and why political gridlock may actually be optimistic. Discover the brewing cracks in the housing market and the rise of crypto IPOs like Circle. Reflect on Larry Fink's rebranding of globalization and how traditional finance is shifting towards crypto. Uncover the challenges of inflation and the evolving landscape of decentralized finance amid market volatility and uncertainties.
83 snips
Jun 4, 2025 • 1h 5min
The New Regime People Don’t Want To Accept | Jim Bianco
Jim Bianco, President of Bianco Research and a renowned macro strategist, discusses the evolving post-COVID economy and its departure from traditional models. He highlights the significant impact of soft data on market perceptions, the normalization of 5% yields, and the implications of bond vigilantes on fiscal policy. The conversation also covers Trump's tariff strategy, the decline of DOGE, and shifts in global capital flows, urging a reassessment of current economic indicators and monetary policies amidst rising interest rates.
50 snips
May 30, 2025 • 55min
Trump’s Tariff War Gets Sidelined By The Courts | Weekly Roundup
A federal court ruling has thrown Trump's tariff strategy into disarray, raising questions about international trade and market responses. The conversation shifts to stealthy bailouts through Treasury bills and Japan's perplexing inflation situation. AI's productivity promises burst into the mix, alongside fears of a housing and credit crunch. Not to be missed, the emergence of stablecoins as significant players in U.S. debt buying hints at changing financial dynamics. Buckle up for a whirlwind analysis of economic uncertainty!
