WTFinance

Interview recorded - 4th of June, 2024On this episode of the WTFinance podcast I had the pleasure of welcoming back Henrik Zeberg.During our conversation we spoke about Henrik's current thoughts on markets, why bull market could extend to September, what this means for his portfolio, risk of an economic crisis "much worse than 2008" and more. I hope you enjoy!0:00 - Introduction0:54 - Current thoughts about markets?2:30 - What has changed outlook?5:20 - Prolonged bull market?8:17 - Key economic indicators?12:31 - Similar to end of 2022?16:17 - Repeat of 2008?21:27 - Exposure to high beta24:18 - Crypto price targets?24:33 - meme stock trend28:05 - Position after top?30:14 - Thoughts on precious metals?32:58 - What happens after crash?37:30 - One message to takeaway from our conversation?Henrik Zeberg is a Macroeconomist (M.Sc. Econ) from the University of Copenhagen. He is a Business Cycles student, Elliott Wave practitioner, and Chartist. You can find out more about his newsletter on his Website.Henrik Zeberg - Newsletter - https://www.thezebergreport.com/Twitter - https://twitter.com/HenrikZebergWTFinance -Instagram - https://www.instagram.com/wtfinancee/Spotify - https://open.spotify.com/show/67rpmjG92PNBW0doLyPvfniTunes - https://podcasts.apple.com/us/podcast/wtfinance/id1554934665?uo=4Twitter - https://twitter.com/AnthonyFatseas

Interview recorded - 29th of May, 2024On this episode of the WTFinance podcast I had the pleasure of welcoming back Adam Rozencwajg. Adam is the Managing Partner at Goehring & Rozencwajg Associates.During our conversation we spoke about Adam's outlook for energy markets, how the energy markets are still undervalued, why he sees US LNG as being vastly undervalued, Uranium, precious metals and more. I hope you enjoy.0:00 - Introduction0:42 - Overview of energy markets?1:31 - Adam bullish on US natural gas10:33 - What does this mean for global LNG markets?14:53 - No LNG supply glut20:21 - Oil markets and peak oil26:05 - New oil to replace US?28:52 - Still bullish on Uranium & Nuclear?31:21 - How is Adam positioned?38:03 - Silver have similar trend to Gold?39:57 - Copper outlook?44:30 - One message to takeaway from conversation?Currently, Adam is the Managing Partner of Goehring & Rozencwajg, Natural Resource Investors.Adam has many years of investment experience. Between 2007 and 2015, he worked exclusively on the Global Natural Resources Fund at Chilton Investment Company with Mr. Goehring.Prior to joining Chilton Investment Company, Adam worked in the Investment Banking department at Lehman Brothers between 2006 and 2007.He holds a Bachelor of Arts degree with a major in Economics/Philosophy from Columbia University and is a CFA charter-holder. Adam Rozencwajg - Website - https://www.gorozen.com/Twitter - https://twitter.com/Go_RozenLinkedIn - https://www.linkedin.com/in/adam-rozencwajg-770614/WTFinance - Instagram - https://www.instagram.com/wtfinancee/Spotify - https://open.spotify.com/show/67rpmjG92PNBW0doLyPvfniTunes - https://podcasts.apple.com/us/podcast/wtfinance/id1554934665?uo=4Twitter - https://twitter.com/AnthonyFatseas

Interview recorded - 30th of May, 2024On this episode of the WTFinance podcast I had the pleasure of welcoming back David Hunter. During our conversation we spoke about David updating his price targets higher, risk of inflation, Russell 2000 to outperform, precious metals, geopolitical risk, US election and more. I hope you enjoy!0:00 - Introduction1:46 - Current outlook of markets?4:11 - What caused David to update catalyst?7:48 - Inflation?10:50 - Disconnect between the economy and markets?12:57 - Bearish sentiment?14:45 - Russell 2000 to outperform?19:16 - Institutions hedging with precious metals?22:51 - Everything bubble?25:01 - Which industries to benefit?28:19 - Crypto to also perform?29:36 - Geopolitical risk?31:56 - Views on the US election?33:34 - One message to takeaway from our conversation?David is an investment professional with 25 years of investment management experience and 20 years as a sell-side strategist with strong expertise in macroeconomic analysis and portfolio management. His strong macro capabilities combined with a contrarian philosophy have allowed me to forecast economic cycles and spot market trends well ahead of the consensus. David is an intellectually honest, independent thinker comfortable with charting a course away from the crowd. Accomplished stock picker and value-oriented portfolio manager.David Hunter - Twitter - https://twitter.com/DaveHcontrarianLinkedIn - https://www.linkedin.com/in/david-hunter-668ba015/WTFinance -Spotify - https://open.spotify.com/show/67rpmjG92PNBW0doLyPvfniTunes -https://podcasts.apple.com/us/podcast/wtfinance/id1554934665?uo=4LinkedIn - https://www.linkedin.com/in/anthony-fatseas-761066103/Twitter - https://twitter.com/AnthonyFatseas

Interview recorded - 13th of November, 2023On this episode of the WTFinance podcast I had the pleasure of welcoming back Michael Oliver - Founder of Momentum Structural Analysis.During our conversation we spoke about Michael's thoughts about the markets, why there is continued stress, what is happening with bonds, what assets will perform and more!0:00 - Introduction0:49 - What is Michael currently seeing in markets?8:42 - Largest companies holding up indexes. Will they remain stable?17:01 - Has cutting rate/QE been good for equities?19:02 - What happens when bond prices decrease?24:07 - What will happen with bonds?28:53 - One message to takeaway from our conversation?J. Michael Oliver entered the financial services industry in 1975 on the Futures side, joining E.F. Hutton’s International Commodity Division, headquartered in New York City's Battery Park.  He studied under David Johnston, head of Hutton’s Commodity Division and Chairman of the COMEX.In the 1980s Mike began to develop his own momentum-based method of technical analysis.  He learned early on that orthodox price chart technical analysis left many unanswered questions and too often deceived those who trusted in price chart breakouts, support/resistance, and so forth.In 1987 Mike technically anticipated and caught the Crash.  It was then that he decided to develop his structural momentum tools into a full analytic methodology.In 1992 the Financial VP and head of Wachovia Bank's Trust  Department asked Mike to provide soft dollar research to Wachovia.  Within a year, Mike shifted from brokerage to full-time technical research.  He is also the author of The New Libertarianism: Anarcho-Capitalism.Michael Oliver - Website - https://www.olivermsa.com/Twitter - https://twitter.com/Oliver_MSAWTFinance -Spotify - https://open.spotify.com/show/67rpmjG92PNBW0doLyPvfniTunes -https://podcasts.apple.com/us/podcast/wtfinance/id1554934665?uo=4LinkedIn - https://www.linkedin.com/in/anthony-fatseas-761066103/Twitter - https://twitter.com/AnthonyFatseas

Michael Pento, President & Founder of Pento Portfolio Strategies, discusses the current economic outlook and inflation concerns, challenges faced by the middle class, risks of deflation, asset bubbles, strategic investment advice for retirement planning, and the importance of balancing economic forces over excessive money printing.

Financial analyst Doomberg discusses how geopolitical tensions are inflating oil prices, the impact on energy markets, the US energy miracle, and the potential role of low energy prices in preventing a recession. The conversation also touches on the interconnected nature of energy markets, speculation on World War III, and the future of energy in the digital age.

Clive Thompson, with 47 years in wealth management, discusses potential financial crisis, stickier inflation, financial repression, and the rise in precious metals. The conversation explores impacts of low interest rates on banks, challenges faced by American banks, and inflation trends influenced by the Ukraine-Russia conflict. China's increasing gold purchases and contrasting behaviors between Chinese and Westerners towards gold are also analyzed for diversification strategies.

Original Interview - 16th of April, 2024On this episode of the WTFinance podcast I had the pleasure of welcoming on Larry McDonald. Larry is the Founder of the Bear Trap Report and author of the recently released book “How to listen when markets speak”.During our conversation we spoke about his book, why global inflation could be higher for longer, back to the 60's/70's, the commodity supercycle, debasement of the US Dollar, sanctions, China growth is coming back and more. I hope you enjoy!Buy the book - https://www.amazon.com/Listen-When-Markets-Speak-Opportunities/dp/05937274950:00 - Introduction1:26 - Influence for writing the book?3:06 - Current views of macroeconomics?5:06 - Global inflation8:03 - Things going back to 60’s/70’s?12:01 - What influenced the 40 year bubble?13:11 - Austerity in the US during the 2010’s15:31 - Why haven’t we experienced a crash?20:03 - Commodity bull market to push economy into recession?21:43 - Secular shift?23:24 - Examples of financial repression?25:19 - Debasing the US Dollar?27:14 - Sanctions28:04 - Commodity countries to benefit?31:24 - More power to OPEC+?33:07 - US has never produced more energy34:24 - China growth is coming back36:24 - Most surprising aspect of researching for the book39:54 - One message to takeaway from our conversation?New York Times bestselling author. Our latest -- "When Markets Speak" -- on sale date from our publisher Penguin Random House is March 26th. Our first book - “A Colossal Failure of Common Sense” is ranked by the CFA Institute in the "Top 20" Books All-Time in Finance. Now one of the bestselling business books in the world, it's translated into 12 languages with over 750,000 copies sold. Right behind PIMCO, Lawrence McDonald is the #2 influencer in the world in Fixed Income by http://www.rightrelevance.com/ - Join our nearly 120k followers on Twitter @convertbond .Managing Director, former U.S. Macro strategy head at Societe Generale. As one of the leading risk managers and market strategists today, Larry is a frequent contributor to Bloomberg, CNBC, MSNBC, and Fox Business. Notably, Larry was a special advisor to the Financial Crisis Inquiry Commission and appeared in the Academy Award-winning documentary, “Inside Job."Larry has delivered over 160 keynote speeches in 20 countries. He details the complexities of Lehman, why it was allowed to fail, and the aftershocks that have rocked the global economy, and continue today. From 2004- 2008, Larry was head of the Distressed Debt & Convertible Securities Trading group at Lehman. He ran an extremely successful joint venture between the firm’s fixed income and equity division. Larry was considered one of the firm's most profitable traders. Featured is his global bestseller, during the 2007-2008 period, he led his team in bets against the subprime mortgage crisis, netting over $100m in profits for the doomed firm.Larry McDonald:Website - https://www.thebeartrapsreport.com/LinkedIn - https://www.linkedin.com/in/convertbond/Book - https://www.amazon.com/Listen-When-Markets-Speak-Opportunities/dp/0593727495WTFinance -Instagram - https://www.instagram.com/wtfinancee/Spotify - https://open.spotify.com/show/67rpmjG92PNBW0doLyPvfniTunes - https://podcasts.apple.com/us/podcast/wtfinance/id1554934665?uo=4Twitter - https://twitter.com/AnthonyFatseas

Interview recorded - 1st of April, 2024On this episode of the WTFinance podcast I had the pleasure of welcoming back Jesse Felder. Jesse is the Founder of Felder Investment Research and host of Superinvestors. During our conversation we spoke about Jesse's thoughts on the markets, why we will have a recession, society of speculators, the everything bubble, economic data to watch, how is Jesse positioned and the potential for a commodity supercycle. I hope you enjoy!0:00 - Introduction1:31 - Overview of economy and markets3:41 - Why will we have a recession?6:14 - Bullish sentiment9:36 - Titanic signal?10:41 - What would you compare current market to?13:52 - What is driving market inflows?15:30 - Society is becoming more speculative20:03 - Pressure on Asset Managers23:27 - Everything bubble?28:59 - Economic data to watch?31:38 - Nvidia the stock to watch?33:27 - Semiconductor arms race35:13 - How is Jesse looking to position?38:36 - Recession impact commodities?40:31 - Production glut in Natural Gas?43:45 - One message to takeaway from our conversation?Jesse began his professional career at Bear, Stearns & Co. and later co-founded a multi-billion-dollar hedge fund firm headquartered in Santa Monica, California. Since founding Felder Investment Research, LLC, publisher of The Felder Report, his writing and research has been featured in major publications and websites like The Wall Street Journal, Barron's, Yahoo! Finance, Business Insider, Investing.com and more. Jesse also hosts and produces the Superinvestors and the Art of Worldly Wisdom podcast.Jesse Felder - Felder Report - https://thefelderreport.com/Twitter - https://twitter.com/jessefelderWTFinance -Instagram - https://www.instagram.com/wtfinancee/Spotify - https://open.spotify.com/show/67rpmjG92PNBW0doLyPvfniTunes - https://podcasts.apple.com/us/podcast/wtfinance/id1554934665?uo=4Twitter - https://twitter.com/AnthonyFatseas

Interview recorded - 3rd of April, 2024On this episode of the WTFinance podcast I had the pleasure of welcoming back Alasdair Macleod - Head of Research for Goldmoney.During our conversation we spoke about how the FED have lost control, what this means for inflation and interest rates, the potential bond yield blowout, why the system hasn't collapsed yet, gold to continue to go higher and more. I hope you enjoy!0:00 - Introduction1:39 - Overview of markets3:38 - What influenced stop of bond yield blowout?6:57 - Financial repression to save system?8:22 - Onshoring to benefit US?9:42 - Why has system not collapsed yet?11:20 - No strong economy challenging the US?14:57 - What is behind the rise in gold?19:12 - Shift in what credit buys you?22:00 - Speculators benefit from currency depreciation23:15 - Real assets to benefit?28:13 - Other commodities to benefit?30:45 - China indebted?35:59 - One message to takeaway from our conversation?Alasdair Macleod is Head of Research for GoldMoney. He is an educator and advocates for sound money through demystifying finance and economics. His background includes being a stockbroker, banker, and economist.Alasdair Macleod started his career as a stockbroker in 1970 on the London Stock Exchange. Within nine years, he had risen to become senior partner of his firm.Subsequently, he held positions at the director level in investment management and worked as a mutual fund manager. Mr. Macleod also worked at a bank in Guernsey as an executive director.For most of his 40 years in the finance industry, he has been demystifying macroeconomic events for his investing clients. The accumulation of this experience has convinced him that unsound monetary policies are the most destructive weapon governments use against the common man. Accordingly, his mission is to educate and inform the public in layman's terms what governments do with money and how to protect themselves from the consequences.Alasdair Macleod - Substack - https://www.goldmoney.com/researchGoldMoney - https://alasdairmacleod.substack.com/Twitter - https://twitter.com/MacleodFinanceLinkedIn - https://www.linkedin.com/in/alasdair-macleod-9494b27/WTFinance -Instagram - https://www.instagram.com/wtfinancee/Spotify - https://open.spotify.com/show/67rpmjG92PNBW0doLyPvfniTunes - https://podcasts.apple.com/us/podcast/wtfinance/id1554934665?uo=4Twitter - https://twitter.com/AnthonyFatseas