The ACID Capitalist Podcast

Dive into the latest market insights as the host humorously dissects JOLTS data, arguing it's mostly noise for serious investors. Discover why trading on first prints might be a rookie mistake and the significance of Marshallian K in understanding liquidity. A look at tech stocks reveals the potential for valuation breakthroughs, while the host urges listeners to trade less and focus on steady, long-term gains. With a refreshing perspective on the labor market, he emphasizes the importance of focusing on the bigger picture over minor fluctuations.

The discussion takes a sharp dive into the complexities of the current economy, emphasizing a neutral standpoint termed 'mauve.' Hugh Hendry critiques the obsession with payroll data, advising against trading based on it. Housing markets show stagnation with mortgage rates lingering near 7%. He also explores the Texas manufacturing index, revealing a slight glimmer of hope amidst persistent weakness. The flatness of stocks and bonds contrasts with a sudden Bitcoin surge. Meanwhile, major gaming firms are catching attention due to their potential in the dopamine economy, despite fears of private credit risks.

Send us a textAcid Capital Breath is a quiet ten to fifteen minute ritual: breathe, reflect, and translate the day's economic data and market moves into plain English. I attempt to cut the code, tell the simple story of a market seeking its future, and leave you calm and ready to act. Logic says I may not do it daily, but the heart says I’m gonna try.Acid Capitalist™ 🖤⚔️💣Support the show⬇️ Subscribe on Patreon or Substack for full episodes ⬇️https://www.patreon.com/HughHendryhttps://hughhendry.substack.comhttps://www.instagram.com/hughhendryofficialhttps://blancbleustbarts.comhttps://www.instagram.com/blancbleuofficial⭐⭐⭐⭐⭐ Leave a five star review and comment on Apple Podcasts!🧢 Hats & Merch 📸 Instagram 🐦 Twitter / X📩 Substack👂Listen and 🔥 Subscribe📺 YouTube🎧 ...

Discover how government backing shapes asset classes with a focus on electric cars. The conversation delves into the complex dynamics of international economic policies, especially U.S.-China relations. The speaker employs a bold metaphor, comparing the American economy to stage four cancer, highlighting urgent reform needs. The shift from gold to Bitcoin is examined, illustrating how innovative investments can address market uncertainties. The implications of AI on jobs and ethics also spark intriguing discussions, alongside personal reflections on financial strategies.

Steve Drobny, founder of Clocktower Group and global hedge fund advisor, shares his insights on the challenges of foresight in finance. He discusses the surreal contrasts of post-riot America and draws parallels between historical economic shifts, like the Gold Rush and today's tech boom. Drobny delves into the impact of social media on investing and how knowing the future can evoke doubt rather than control. With humor and literary references, he explores the complexities of decision-making in the ever-evolving financial landscape.

Explore the complex relationship between the U.S. dollar and global finance, revealing it as both a symbol of strength and a potential burden. Delve into the fragile dynamics of trade, where the U.S. deals in deficits and other nations hoard collateral. Unpack the implications of quantitative easing, often seen as retaliation rather than stimulus. The discussion also highlights how these policies impact wealth distribution, the housing bubble, and the looming threats to the credibility of global currencies like the yen and yuan.

Dive into wild financial tales from a hedge fund rookie navigating a volatile market. Experience the thrill of unconventional bets, like his audacious short on the dollar. Discover the allure of Amsterdam Commodities—cheap, opaque, and surprisingly rewarding. Reflect on the post-dot-com lessons learned amidst market chaos, emphasizing the power of contrarian thinking and instinct over conventional wisdom. Brace for a blend of finance and humor, as personal anecdotes add spice to the high-stakes world of investing.

Dive into the evolution of economic thought as historical giants like Hamilton and Lincoln face off against Ricardo's theories. The discussion highlights tariffs as tools of industrial sovereignty and rebellion, not isolation. Explore the contrasting fates of America and Argentina in their paths to industrialization. The need for sustainable governance versus quick financial gains raises critical points about capitalism's effects on society. Ending on a reflective note, the conversation invites personal choices in shaping economic futures.

Send us a textA beachside macro sermon on whale liquidations, a 5700 S&P play, and why Treasuries are the keystone to everything. Solana trades, SOFR action, and The Acid Capitalist’s call to be volatile, be violent, be legendary. Stay acid.Support the show⬇️ Subscribe on Patreon or Substack for full episodes ⬇️https://www.patreon.com/HughHendryhttps://hughhendry.substack.comhttps://www.instagram.com/hughhendryofficialhttps://blancbleustbarts.comhttps://www.instagram.com/blancbleuofficial⭐⭐⭐⭐⭐ Leave a five star review and comment on Apple Podcasts!🧢 Hats & Merch 📸 Instagram 🐦 Twitter / X📩 Substack👂Listen and 🔥 Subscribe📺 YouTube🎧 ...

Send us a textWelcome backThe breeze is talking again. The sea too, whispering something older than the market, more enduring than yield curves. This episode was recorded beneath Saharan skies on the island of St. Barts, during Acid Capitalist Summer Camp 2.0. But what is a camp if not a gathering of searchers. A pause in the trade winds to ask the old questions.I was met by a journalist. Young, wide-eyed, barefoot. She carried a pencil and the memory of a mixtape. She asked me to speak of fear, folly, volatility and love. I answered not with answers but with exhalation. We spoke of exile, of turtles, of the dull ache of markets remembered and misremembered.Just like Johnny Rotten sang, "This is Not a Love Song", in 1983, this is not an investment interview, more a moment.The market is a hallucination. It's also a mirror. I once managed billions. Today, I manage time. There's something here, in this place, that bends the arc of memory. You come to St. Barts to heal, or to vanish. Perhaps both.There is no grand thesis. Only a few half-remembered charts, a Rolling Stones lyric, and the suspicion that finance was never about spreadsheets but about stories.This episode is a love letter. To serendipity. To misfits. To the exquisite loneliness of being early.Draw close to the speaker. Tilt your face toward the trade winds. Pour something cold and forget, for a moment, the noise.The tape begins...Hugh HendryThe Acid CapitalistSupport the show⬇️ Subscribe on Patreon or Substack for full episodes ⬇️https://www.patreon.com/HughHendryhttps://hughhendry.substack.comhttps://www.instagram.com/hughhendryofficialhttps://blancbleustbarts.comhttps://www.instagram.com/blancbleuofficial⭐⭐⭐⭐⭐ Leave a five star review and comment on Apple Podcasts!🧢 Hats & Merch 📸 Instagram 🐦 Twitter / X📩 Substack👂Listen and 🔥 Subscribe📺 YouTube🎧 ...