The Macro View with Mo Islam

A Payload on Payload interview? It’s like the Spiderman pointing at another Spiderman meme. Jokes aside, Ryan invited Mo on to discuss a presentation he prepared for the Payload team at their recent off-site meeting. This week’s episode focuses on an adapted version of the deck and what’s happening within the macroeconomy.Pathfinder is brought to you by SpiderOak Mission Systems — www.spideroak-ms.com — an industry leader in space cybersecurity. Check out the company’s space cybersecurity white paper at spacecyber.com.*SNEAK PEEK*Mo’s Wall Street backgroundStarting PayloadInflation, a possible recession, and the global food crisisHow it’s all connected to the space industryConsumer credit, COVID-19, and a “systemic failure in the crypto industry”Aerospace and defense (A&D) outperformance over other indicesTech valuation compressionsA record year for space investingThe next chapter of the space industryIs Starship priced in?...and much more! It's a great conversation and we're super excited for you to hear it. Thanks to Mo for coming on Pathfinder!*CHAPTERS*0:00 - Show intro1:17 - Introduction of the founder of Payload, Mo Islam2:13 - Mo’s résumé4:32 - Filling the big gap in media coverage within the space economy 10:52 - America’s current struggle with inflation 13:41 - We are facing a global food crisis16:00 - Mo’s take on a potential technical recession21:30 - Mo’s favorite topic….. Crypto! 24:40 - Aerospace & Defense (A&D) was the top traded sub sector in Q2 29:30 - The Fed is deliberately bursting the bubble on purpose, lowering asset prices on purpose…. “this is different than the global financial crisis”33:10 - 2021 was a record year for government space investment, leading to increased future budget requests 34:21 - Russia-Ukraine conflict’s effect on the race for space dominance 38:20 - “It’s important to remember how quickly the macro can flip” 43:31 - The end of the first chapter of new space is closing 49:50 - Unicorn companies typically start in the period following a downturn 51:40 - Mo’s opinion on the new space race58:37 - Mo’s hobbies.. He’s a DJ?!1:01:10 - Will we get boots on the moon in the next decade?*ABOUT US*Pathfinder is brought to you by Payload, a modern space media brand. While we have designs on becoming the biggest space content company in the galaxy, for now, we send newsletters and publish podcasts. Subscribe to our flagship industry-leading daily newsletter at payloadspace.com