WTFinance

Interview recorded - 14th of November, 2023On this episode of the WTFinance podcast I had the pleasure of speaking with  @EconomicNinja.During our conversation we spoke about what he is currently seeing in the markets, disconnect between markets and the economy, who would replace the US Dollar, short-term gain long-term pain, assets to focus on in this period and more!0:00 - Introduction1:15 - What is Ninja seeing in the markets?5:01 - Disconnect between markets and the economy9:11 - Core CPI rather than just CPI10:21 - Other trends to keep economy from crashing?13:58 - Who would replace the US Dollar?16:21 - Gold back transactions18:05 - US deficit dependent on yields21:56 - Market up short-term, risk long-term23:09 - Markets go up in election year24:12 - Any assets Ninja is focusing on in this period?Economic Ninja has been an entrepreneur since he started selling candy in the 6th grade. He thrived on challenges, economics and business. He "flipped" quite a few homes in the early 2000s and has owned multiple rental properties, so he has a lot of personal experience with real estate transactions, loans, remodelling homes. He has "a super human thirst for economic knowledge." He spends many hours every day listening to and reading articles on market trends, interest rate cycles, and all aspects of economics and the world of finance. Economic Ninja - YouTube -  @EconomicNinja  Real Estate YouTube -  @RealEstateNinja1  Twitter - https://twitter.com/economyninjaInstagram - https://www.instagram.com/economic_ninja/?hl=enTikTok - https://www.tiktok.com/@economicninjaWTFinance - 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 - 10th of November, 2023On this episode of the WTFinance podcast I have the pleasure of welcoming back Weston Nakamura - Founder & Host of  @acrossthespreadYT .During our conversation we spoke about 0:00 - Introduction2:21 - What is Weston currently seeing in global bond markets?12:46 - Are the BoJ unwinding yield control?21:31 - Will Japanese bonds follow a similar trend to the US?25:36 - Why is there a correlation between BoJ & other bonds?29:56 - Why is the Yen remaining weak with increasing yields?38:21 - Wil global yields/JGB yields rising?44:41 - Yield control and yen protection can’t both go forever47:46 - One message to takeaway from our conversation?Weston is the founder of Across The Spread, a platform providing investors and market participants across the world with daily commentary and analysis on Asia markets and Asia-originated macro developments of consequence and impact to broader global markets. Prior to founding Across the Spread, Weston entered the world of financial media content creation as Global Markets Editor at Real Vision. As a former listed derivatives trader at Goldman Sachs and hedge fund sales at Jefferies Japan, Weston takes a global approach across asset classes including equities, rates, currencies, commodities and crypto through the lens of market price action, cross-asset relationships, investor flow behavior, and central banks and government policy activity.Weston Nakamura - Website - https://acrossthespread.com/X - https://twitter.com/acrossthespreadYouTube -  @acrossthespreadYT 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 - 7th of November, 2023On this episode of the WTFinance podcast I had the pleasure of speaking with Jared Dillian - a writer, author, DJ, and speaker.During our conversation we spoke about why a recession is inevitable, whether a FED pivot is imminent, how this will impact bond prices, how to be financially successful and more. I hope you enjoy!0:00 - Introduction1:04 - Jared’s current thoughts about what is happening in the markets?3:18 - Was recent GDP read abnormal?4:00 - Key indicators Jared will be watching6:26 - What would have to happen for the FED to pivot?7:46 - Why would FED cut if recession isn’t deep?10:16 - Would cutting be good for equities?11:44 - Why won’t we see a new normal?14:06 - Are geopolitical risk being price into market?15:31 - What was Jared’s influence for writing his book?20:11 - Will we continue to see the 60/40 portfolio?21:26 - One message to takeaway from conversation?Jared Dillian is the editor The Jared Dillian Letter at Jared Dillian Money.  Jared also writes The Daily Dirtnap. And he hosts the BE SMART podcast, where he shares punchy, unconventional personal finance advice. From 2001 to 2008, Jared worked at Lehman Brothers—first as an index arbitrage trader and then as head of the ETF trading desk, where he routinely traded over $1 billion a day in volume. After Lehman, Jared started his own newsletter, The Daily Dirtnap, where he shares a wealth of trade ideas for sophisticated, self-directed investors. Jared’s Street Freak advisory translates the Dirtnap’s unique market commentary into specific, actionable investment guidance, while Strategic Portfolio gives subscribers the premier “set it and forget it” portfolio. If you want to dip your toes in the waters of Jared’s inimitable writing style and analysis, consider reading Jared Dillian Money, his free weekly e-letter. Jared’s memoir, Street Freak: Money and Madness at Lehman Brothers, was named Businessweek’s #1 general business book of 2011. He published his first novel, All the Evil of This World, in 2016. He has a new book coming out on January 23, No Worries: How to Live a Stress-Free Financial Life. Pre-order your copy here: www.buynoworries.com  Jared has been a regular contributor at Bloomberg Opinion, Forbes, and other major outlets. He has been featured on MSNBC, Bloomberg TV, The New York Times, The Wall Street Journal, LA Times, Business Insider, and dozens of local and syndicated radio programs. Additionally, he was an adjunct professor in the graduate business program at Coastal Carolina University from 2013–2018. Jared Dillian’s ideas and writing can be found at Jared Dillian Money. Jared Dillian:Website - http://jareddillianshow.com/ TikTok -  https://www.tiktok.com/@jareddillianmoney Instagram - https://www.instagram.com/jareddillianmoney/ Twitter - https://twitter.com/dailydirtnapWTFinance - 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 - 10th of November, 2023On this episode of the WTFinance podcast I had the pleasure of welcoming back Francis Hunt - Trader, Technical Analyst, Teacher and originator of the Hunt Volatility Funnel Method.During our conversation we spoke about Francis' thoughts about the market, why we are in an anti-goldilocks economy, whether shorter duration investments will benefit, which assets will hold their value and more. I hope you enjoy!0:00 - Introduction1:20 - Anti-goldilocks economy?23:00 - Are there comparisons to the past?32:55 - Shorter duration investments to benefit?41:03 - Will any countries benefit during this period?53:05 - Which assets will hold their value?1:12:05 - One message to takeaway from our conversation?Francis Hunt, as the originator of the Hunt Volatility Funnel trading methodology, describes himself as a Trader, Technical Analyst and Teacher, is known from his YouTube channel as TheCryptoSniper. He is also the Founder of The Market Sniper.Stemming from his over 30 years of experience and deep immersion in trading and technical analysis of various markets, this unique approach to trading is the culmination of everything he found to have been valuable and profitable on a consistent, reliable basis, distilled into a single all-encompassing trading system that can easily be learned and internalized by others.Francis Hunt made his first investments in 1987 pre-crash and bought his first option in 1991 and has been trading equities and other assets since. He is a technical trader who believes all information related to an asset is reflected in its price and therefore reveal the true market sentiment of that asset.In addition to being a highly successful trader and technical analyst, Francis also enjoys teaching his trading methodology to others. He built a community of like-minded traders around him that supports him and each other with trade ideas and positive reinforcement in an otherwise lonely and harsh environment.Francis Hunt - YouTube -  @TheMarketSniper1  Website - https://themarketsniper.com/Twitter - https://twitter.com/themarketsniperWTFinance - 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 - 7th of November, 2023On this episode of the WTFinance podcast I have the pleasure of welcoming back Marc Faber for a third time. Marc is a well known contrarian investor & the Editor and Publisher of the “Gloom, Boom & Doom Report”.During our conversation we spoke about whether Marc still believe there will be a bear market, shift to short duration assets, how the FED is loosening monetary policy, what central bankers should be doing, regions that Marc is interested in & how to invest in emerging markets. I hope you enjoy!0:00 - Introduction2:06 - Could we still see a decade long bear market?6:12 - Shorter term duration to benefit?9:32 - Why has unemployment remained low if in a recession?12:25 - When will data show a recession?14:10 - How is the FED loosening monetary policy and reducing real wages?19:45 - Money is tight in the real economy21:30 - Higher inflation for longer26:25 - What should central bankers do?29:15 - What changes would Marc make if he were FED chair?30:00 - Regions Marc is watching31:45 - How do you invest in emerging markets?33:05 - Marc’s thoughts on Indonesia, Mexico & Argentina?34:34 - One message to takeaway from conversation?Dr Marc Faber was born in Zurich, Switzerland. He went to school in Geneva and Zurich and finished high school with the Matura. He studied Economics at the University of Zurich and, at the age of 24, obtained a PhD in Economics magna cum laude.Between 1970 and 1978, Dr Faber worked for White Weld & Company Limited in New York, Zurich and Hong Kong. Since 1973, he has lived in Hong Kong. From 1978 to February 1990, he was the Managing Director of Drexel Burnham Lambert (HK) Ltd. In June 1990, he set up his own business, publishing a widely read monthly investment newsletter “THE GLOOM BOOM & DOOM” report which highlights unusual investment opportunities.He is also the author of several books including “TOMORROW’S GOLD – Asia’s Age of Discovery” which was first published in 2002 and highlights future investment opportunities around the world. “TOMORROW’S GOLD” was for several weeks on Amazon’s best seller list and has been translated into Japanese, Korean, Thai and German.Dr. Faber is also a regular contributor to several leading financial publications around the world.A book on Dr Faber, “RIDING THE MILLENNIAL STORM”, by Nury Vittachi, was published in 1998.A regular speaker at various investment seminars, Dr Faber is well known for his “contrarian” investment approach.Marc Faber -Website - https://www.gloomboomdoom.com/Twitter - https://twitter.com/gloomboomdoom?lang=enLinkedIn - https://www.linkedin.com/in/marc-faber-gloomboomdoom/?originalSubdomain=hkWTFinance -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 October, 2023On this episode of the WTFinance podcast I have the pleasure of welcoming Jeff Snider - One of the foremost experts on the global monetary system and Host of Eurodollar University.During this conversation we spoke about what Jeff is seeing in the economy, what this means for the bond markets, collateral issues, why the recession has not been cancelled but delayed and what is happening in China. I hope you enjoy!0:00 - Introduction1:11 - What is Jeff seeing in markets and the economy?4:13 - What is the short end doing that most aren’t considering?5:48 - Supply and demand issue for long bonds?9:13 - What is the short end tell us?11:53 - Why collateral could lead to deflation?16:18 - Increasing yields reduced collateral pool?18:23 - What impact will BoJ policy changes have on collateral?20:53 - Is there the risk that the economy has shifted?24:03 - Manufacturing PMI increasing, Service PMI decreasing?25:48 - Weak employment data coming through?27:59 - What will happen to the economy in the next 6 months?29:53 - Could we have a financial crisis?32:48 - More regional bank risk?36:58 - Can China prevent an economic meltdown?41:02 - One message to takeaway from our conversation?Jeff Snider is one of the foremost experts on the global monetary system, specifically the eurodollar money system, and all aspects of its misunderstood inner workings and how they impact global markets, commerce, and economy. His podcast - Eurodollar University - aims to educate the public on the evolution and nature, and nuances of the eurodollar system and true monetary principles. He is a regular contributor to Real Clear Markets and a columnist for the Epoch Times, and is active on Twitter as well as He has been a guest on countless programs including MacroVoices, and Real Vision for his insights into the Eurodollar system, LIBOR, and repo/securities lending markets., etc.Jeff Snider - YouTube -  @eurodollaruniversity  Website - https://www.eurodollar.university/Twitter - https://twitter.com/JeffSnider_AIPWTFinance - 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 - 27th of October, 2023On this episode of the WTFinance podcast I had the pleasure of speaking with Adam Rozencwajg -  Managing Partner at Goehring & Rozencwajg.On this episode of the podcast we spoke about what is happening in the energy markets, underinvestment in energy over the past decade, risk of price fluctuations, what this means for prices and more. I hope you enjoy!0:00 - Introduction1:00 - What is Adam currently seeing in energy markets?5:25 - CAPEX or Geopolitical issue in energy investment?9:58 - Would embargo impact the US?12:00 - Are the energy markets tight?13:35 - Odds of an energy embargo?16:53 - What happens with less buffer in energy markets?17:45 - Key drivers of energy demand?18:37 - What is happening in the gas markets?22:10 - US upstream equities?23:30 - Investment thesis behind uranium?27:25 - Any mines scheduled to come online in near-term?27:55 - Other commodities Adam is watching?29:08 - 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 - 26th of October, 2023On this episode of the WTFinance podcast I had the pleasure of speaking with Michael Pento - President & Founder of Pento Portfolio Strategies. During our conversation we spoke about Michael's thoughts on current markets, why it could be stagflation or depression after a stock crash in 2024, what will happen for the dollar, whether it is possible to save the markets and assets to protect wealth during this period. I hope you enjoy!0:00 - Introduction1:09 - What is Michael’s thoughts on the market?5:28 - Indicators to pay attention to?9:00 - Stagflation period?14:53 - Deflation during the recession?17:17 - What will happen with the dollar?19:58 - Bonds to de-correlate from equities?24:50 - Is it possible to save the markets?27:43 - What assets protect wealth during that period?29:13 - Holding reverse ETFs30:28 - One message to takeaway from our conversationMichael Pento serves as the President and Founder of Pento Portfolio Strategies (PPS). PPS is a Registered Investment Advisory Firm (RIA) that operates like an actively managed fund without all the expenses. The Model Portfolio uses a proprietary macroeconomic model to determine when and how to invest across an inflation/deflation and economic cycle spectrum. The 20-component model is used to determine the two most important factors when it comes to successful investing: the second derivatives of growth and inflation.Michael Pento - Website - https://pentoport.com/Twitter - https://twitter.com/michaelpento?lang=enLinkedIn - https://www.linkedin.com/in/michael-pento-a1882917b/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 - 19th of October, 2023On this episode of the WTFinance podcast I had the pleasure of welcoming back Doomberg . During our conversation we spoke about whether the US is still driving enemies together, current Middle East conflict impact on energy, Europe this winter and more. I hope you enjoy! 0:00 - Introduction1:09 - Is the US continuing to drive enemies together?3:34 - Greatest risk from the middle east conflict?5:19 - Impact on energy security?8:34 - Geopolitical risks globally10:34 - What is happening in energy?12:14 - Underestimating chance of a recession in the US?14:39 - Where is the risk?16:22 - Venezuela oil a benefit?19:09 - Will Europe be ok this winter?21:58 - One message to takeaway from our conversation?The group started writing Doomberg in May of 2021 to highlight the fundamentals missing from many economic and policy decisions, and it quickly grew to be one of the most widely read finance newsletters on Substack.This publication is their passion, and the content is borne out of the team’s deep experience in heavy industry, private equity, and the hard sciences. Family offices and c-suite executives hired them to deliver innovative thinking and clarity to complex problems – they operate as though their subscribers share those same expectations.Read their full bio here - https://doomberg.substack.com/aboutDoomberg - Substack - https://doomberg.substack.com/Twitter - https://twitter.com/DoombergTWTFinance 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

Michael Howell, Founder & MD of CrossBorder Capital, discusses the current state of liquidity markets, possibility of FED implementing yield control, diminishing returns of liquidity, and the disconnect between inflation and bond prices.