Kontrarian Korner #120 - Scott Osheroff

Yesterday I had Scott Osheroff back on the podcast to talk about what’s going on in financial markets and where he sees opportunities. We covered the complacency in financial markets and the complicated macro setup with the Strait of Hormuz and the tech IPOs in the pipeline. We also talked about rates heading higher, the commodities complex, and where he sees opportunities today. You can find Scott on Twitter and on Telegram.Podcast Summary* The complacency in broader financial markets with a complicated macro backdrop.* How the global SPR releases have temporarily covered the Strait of Hormuz problem.* The high profile IPOs in the pipeline, and how his Mongolian stock broker called him asking about the SpaceX IPO.* The hyperfinancialization of markets and the economy, and why financial markets are just responding to the incentives and regulations in place.* Why rates will continue to go higher until we get to yield curve control.* How advances in crypto, stablecoins, and tokenization will change financial flows and potentially lead to T+0 settlement.* His view on the different commodities, and why he’s expecting a better buying opportunity in the future.* Why the cannabis sector is an interesting pond to fish in for value investors.* Book Recommendation: Lords of Finance by Liaquat Ahamed.Kontrarian Korner is a reader-supported publication. To receive new posts and support my work, consider becoming a free or paid subscriber. This is a public episode. If you'd like to discuss this with other subscribers or get access to bonus episodes, visit www.kontrariankorner.com/subscribe