All Episodes

Campbell Harvey, Inventor of Inverted Yield Curve Recession Signal, On The Bond Market, The U.S. Economy, And Federal Reserve Policy

Michael Howell: Federal Reserve Continues To Inject Liquidity Into Markets Via The Backdoor

Andy Verity on LIE-BOR: Shocking New Evidence Suggest Interest Rate Scandal Is Much, Much, Bigger Than Originally Reported

Kevin Muir: The Market Has Priced In Too Many Fed Cuts Since Government Money Printing Will Keep Nominal Growth High

Paul Hodges: Overcapacity In Chemical Industry Suggests Demand Is Weakening

Danielle DiMartino Booth & George Goncalves on The 2024 Fed Pivot: Recession or Soft Landing?

Joseph Wang: Bonds Will Be Crushed By Stocks As Fiscal Deficits Reignite Inflation

Hari Krishnan on Commodity Tail Hedging, Weather Volatility, And “Disaster” VIX Trades

Dispatches From India | Andrei Stetsenko, Partner at Farley Capital

Carson Block: “Perfect Macro Storm” To Hit Blackstone Mortgage Trust

The Stock Market Is Due For A Correction (And So Is Private Equity) | Jared Dillian

Carolyn Sissoko & Joseph Wang on the Fed Pivot and “Too Big To Fail” In Private Equity & Leveraged Loans

Stablecoins Are The New Eurodollars | Daniel Neilson on Death Spirals, Liquidity Runs, and The Fragility of Par

Thomas Majewski on CLOs, Private Credit, and Bank Capital Relief Trades

Kathy Jones: The Bull Case For Bonds, And The Need For “Caution” on Private Credit & Leveraged Loans

The Banking System Is Healing | Dan Siciliano & Michael Ericson

Felix Zulauf: The End Of The Liquidity Cycle Approaches

Dr. Barry Eichengreen & Joseph Wang on Dollar Dominance, “Problematic” Levels of Government Debt, Modern Monetary Theory (MMT), and Central Bank Digital Currencies

Pain In Commercial Real Estate Will Be Worse Than In 2008 Great Financial Crisis, Argues Veteran Office Investor Anthony Dilweg

Marko Papic: Russia-Ukraine War Is Effectively Over, Israel-Hamas War Unlikely To Have Large Market Impact

Jens Nordvig: Interest Rates Have Peaked, The U.S. Dollar Is Overvalued

The World’s Greatest Carry Trade May About To Be Unwound | Nicholas Glinsman

Jason Shapiro: It’s Too Early To Get Long Bonds

George Robertson: The Fed Has No Control, There Will Be No Recession, and Fiscal Supremacy Will Drive Stocks To “Ponzi Stage”

The Massive Bond Short | “Recession Denier” Jonny Matthews (ex-Brevan Howard) On The Duration Bubble, Correlation Trades, and Variance Swaps

Interest Rate Declines Will Bring Fated "Soft Landing," Says Earnings Maestro Sam Burns

The Bond Market Sell-Off Was Duration, Not Credit Risk | Ben Santonelli

Althea Spinozzi on Stagflation, Term Premia, and Ultra Long-Duration Bonds

Michael Kao on November Fed Meeting, Treasury Refunding, and Bond Market Bear Steepening (Co-Hosted By Michael Ippolito & Jack Farley)

“We’re In Uncharted Territory” | Warren Pies on Treasury Issuance, Housing Market, Oil, And Recession Risk

Does Historic Cheapness Of Agency Mortgage-Backed Securities (MBS) Indicate Funding Stress? Dave Goodson, Professor Jeremy Siegel, Jeremy Schwartz, and Jack Farley

Sam Bankman-Fried Testifies At Last | Casey Wagner & Jack Farley On The Trial Of The Century

Duration Remains Unattractive, Says Veteran High Yield Bond Investor

A Deep Dive On China's Financial System | Aidan Garrib

Dr. Claudio Borio & Joseph Wang on Fiscal Dominance, Financial Instability, and the Boundaries Of Debt-Fueled Economic Growth

John Toohig & Nate Stovall: Bank Loan Market Is “Very Frozen”

Chris Whalen: Banking System On “Knife’s Edge” As Fed “May Destroy The World”

The Future Of Financial Repression | Helen Thompson on Energy, Capital Controls, and the Federal Reserve

Mike Green & Bob Elliott: "Hard Landing" In Store For Economy In 2024

Bond Bear Eyes Tactical Long In Treasury Notes | David Cervantes

Lyn Alden: The Monetary Order Is Broken

The Great Bond Bear Steepening | Alfonso Peccatiello

Luke Gromen: Panic In The Bond Market Will Continue Unless Oil Or Dollar Relent

GameStop, Citadel, And The Fleecing Of Small Investors | Spencer Jakab

Former CFTC Commissioner Brian Quintenz On Crypto Regulation

The Bond Market Is Tanking. Is It Time To Buy? | Nanette Jacobson

Danielle DiMartino Booth: Jay Powell Just “Went Way Off Script” At September Fed Meeting

SEC Commissioner Hester Peirce on Regulation In Crypto, SPACs, and Money Market Funds

Jim Bianco, Mark Yusko, & Jurrien Timmer on Real Interest Rates, Banking System, and Crypto (Panel at Permissionless 2023)

Mark Yusko: Macro "Doesn't Matter" For Crypto (Permissionless Interview)

Jim Bianco: No Recession, No Landing

Andrew Beer: Hedge Funds Charge Way, Way Too Much

Eric Basmajian: Why The U.S. Economy Hasn’t Entered Recession Yet (And Why He Is Confident It Will Soon)

Just How Interest Rate Sensitive Is The U.S. Economy? | Jeremy Schwartz & Professor Jeremy Seigel (Jack’s Guest Appearance On Behind The Markets Podcast)

Milton Berg: The Stock Market Is In Trouble

Wave of U.S. Treasury Issuance Puts Pressure On Bond Market | Prometheus Macro

"Credit Shock" In Commercial Real Estate | John Toohig, Victor Calanog, and Thomas LaSalvia

David Rosenberg: A Recession Is Coming In The Next 6 Months

Vincent Deluard: The “Magic Money” That Prevented Recession Is About To Disappear

Business Cycle Slowdown Will Intensify Into Recession | Mike Singleton

ESG: The 40 Trillion Dollar Bubble | Mark Neuman

The Next Chapter in Emerging Markets Investing | Marshall Stocker, Co-Head of Emerging Markets, Morgan Stanley

Government Debt Crisis Has Hit U.S. Banks | Bill Isaac, Former FDIC Chair

The Banking System's Guardian Angel You've Never Heard Of | Michael Ericson & Dan Siciliano on Federal Home Loan Banks

Ivy Zelman: Housing Market Downturn Isn't Over

Fitch's U.S Debt Downgrade Was Justified | Danielle DiMartino Booth

Rate Cuts May Not End Fed's Quantitative Tightening | Former Atlanta Fed President Dennis Lockhart

Inside Camp Kotok | David Kotok on “Disastrous and Debilitating” Effect Of Debt Ceiling on Bond Markets

Rumors Of The Death of Chinese Economy’s Have Been Greatly Exaggerated | Leland Miller

The Fed’s Inflation Fight Isn’t Over | Jim Bianco & Samuel Rines (Camp Kotok)

The Sovereign Debt Spiral | James Lavish

The Great Liquidity Debate | Michael Howell & Andy Constan

Julian Brigden: Markets "On A Knife's Edge" After July Fed Meeting

Late Cycle Bond Trades | Mark Cabana on Mild Recession Case and Treasury Market Supply

It Can Always Go Higher | "On The Margin" Round Up with Byron Gilliam and Jack Farley

Bullishness Approaching Mania | Peter Atwater on Market Psychology And “The Confidence Map”

OPEC To The Rescue | Rory Johnston’s Cautious Bull Case For >$80 Oil

The Recession Paradox | Alfonso Peccatiello

The Laws Of Quantitative Investing | Michael Robbins

The Basel III Endgame: Bank Regulation In A Post-SVB World | Steven Kelly

Vítor Constâncio, Former Vice President of European Central Bank (ECB) on Inflation, Interest Rates, and The Global Banking System

Railroad Recession & Airline Boom | Jay Shabat on Planes & Trains

The Price of Time | Edward Chancellor & Joseph Wang

The Little-Known Entity That’s Lent Over $1 Trillion To U.S. Banks (10x The Fed!) | Professor Kathryn Judge on The Federal Home Loan Bank (FHLB) System

What The Oil Bulls Got Wrong | Michael Kao & Alexander Stahel on the Chinese Yuan & Oil "Doom Loop"

Will The Fed Get Their Soft Landing? | Weekly Round Up

Fed Will Hike Rates Into Economic Train Wreck | Danielle DiMartino Booth

The Fate Of Global Dollar Credit | Robert McCauley & Joseph Wang on Eurodollars, FX Swaps, and SOFR

The Shiny New Derivative That’s Taken Over Wall Street | Kris Sidial on Zero Day To Expiration (0DTE) Options & Tail Risk During A Volatility Bear Market

Return Of The Bull Market? | On The Margin Round Up

Michael Howell: "QE Is Coming Back, Big Time"

SPACs Are Bonds, Actually | Louis Camhi

Jay Powell’s Plan To Kill The “Fed Put” | Danielle DiMartino Booth

Did The Fed Just Back Down? | Joseph Wang & Michael Ippolito

Higher For Longer | Robert Kaplan, Former Dallas Fed President & CEO

The Holy Grail of Macro Investing | Eric Crittenden

The Music Is About To Stop: John Toohig & Randy Woodward on Bank Lending, Deflation, and Secondary Loan Liquidity

Artificial Intelligence Bubble Has Only Just Begun, Says Citrini7, World's Hottest A.I. Stockpicker

Coinbase Sued By SEC | Casey Wagner

The Fed Put Still Lives | Vincent Daniel