All episodes

Trade Policy Isn't Driving China’s Trade Surplus | Matthew Klein

“The Dollar Gets Annihilated” | Julian Brigden & Jonny Matthews on Fiscal Dominance, Secular Bond Bear Market, and Outlook on Rates & Tariffs

What Investors Are Overlooking in AI & Semis | Val Zlatev

Soaring US Debt Burden & The Global Market Reset | Gerard Minack

American Exceptionalism was a Fiscal Facade | Marko Papic

Patient Value Investing and America’s Industrial Advantage | Bob Robotti

Regime of Uncertainty | Steve Hanke on Money Supply Shock, Tariff and Current Account, and Why Recession Remains Base Case For 2025

Economic Policy To The Fore | Jason Furman on Deregulation, Tax Cuts, Tariffs, and Healthcare

Fiscal Decay, EM Parallels, and What’s Next for the Dollar | Nicolás Dujovne

The Holy Grail of Macro | Prometheus Macro’s Aahan Menon on Why Tariffs Won’t Cause A Recession And Why Buying Dips Only Works In An Expansion

Is Private Credit a Systemic Risk? (A Regulator’s View) | Fabio Natalucci

The Fed and The Flu | David Kotok on How Pandemics Transform Economies and Markets

Milton Berg: “Overwhelming” Evidence of Bullish Action In Stock Market

Ken Rogoff on Past, Present, and Future of U.S. Dollar Hegemony

The Global Trade Reset Was Inevitable | George Magnus

Wait & See | Jack & Max on May Fed Meeting, Shipping Volumes, China Stimulus, and Tariff Newsflow

Getting Ready For A Protracted Bear Market | Last Bear Standing

End of Free Trade Era Should Not Spook Long-Term Investors | Kara Murphy

How Hedge Funds Have Managed Market Turmoil with Jack and Max

Opportunities In Agricultural Commodities | Teucrium's Sal Gilbertie on Grain Stockpiles, Trade Disruptions To Crops, and Ripple (FIRESIDE CHAT)

The Financial Sector Prepares for Recession | Marc Rubinstein

Hidden Mortgage Market Shifts Are Creating Opportunities | Matt Jozoff of Trevally Capital

Tariffs Aren’t Going Away | PIMCO’s Policy Head Libby Cantrill on Trade and Tax Environment In New U.S. Administration

Preparing For A Real Credit Cycle | Danny Moses on Tariff Fatigue, Private Credit, Gold, Tarnishing of U.S. Brand, and Why Stocks Still Aren’t Cheap

Breaking The Dollar System | Freya Beamish

The World Is Dumping U.S. Assets | Julian Brigden

Dodging Tariff Turmoil in Nordic High Yield Credit | Måns Levin of Ridge Capital

Lyn Alden: Challenge America’s Trade Deficit, Challenge The U.S. Dollar | Alden on China, Gold, and Financial and Economic Impacts of Tariffs

When the Market Crashes… They Profit | Wayne Himelsein on Logica Capital’s Long Volatility Playbook

Why Trump Is Likely To Negotiate Trade Deals | Charles Gasparino on Tariffs, White House Factions, and Protectionist Conservative Coalition

“Going Full Reagan” | Tian Yang on Trump Administration’s Bet To Shrink U.S. Trade Deficit, Signs of Market Panic, and Dollar Outlook

Tariff Escalation Update | Jack & Max on April 7 Tariff News & Market

“Supply Shock Greater Than Great Depression-Era Smoot-Hawley Tariff” | David Kotok on Trump’s Sweeping Tariffs And Market Crash

Trump’s War on Markets | Benn Eifert on Volatility, Tariffs and Growth of Derivatives-Embedded ETFs

Liberation Day Has Come | Jack & Max on Seismic Market Revolt Against Trump Admin’s Tariff Policy (Recorded April 3 2025)

Tariffs: The Ultimate Stagflationary Shock? | Darius Dale on "Liberation Day," DOGE, Gold, and the Global Debt Refinancing Air Pocket

Trading Market Turmoil: Any System is Better than No System | OPM Trader Talks with Petr Pinkhasov of Anthem Capital Management

Tariffs & Q2 Growth Shock | Trade Maven Brad Setser on Trump’s Tariff Warpath, China’s Balance of Payments, and “Self-Induced Recession” Probabilities

From Treasury Minister of Argentina to Macro Hedge Fund Manager | Nicolás Dujovne of Tenac Asset Management

A Foreclosure Wave Is Coming | Chris Whalen on FHA Mortgage Loans, Tariffs, Bank Valuations, and Payment Companies

The Fed's Rate Cutting Cycle Is Already Over | Jim Bianco on March Fed Meeting, Trump Tariffs, and 4/5/6 Markets

Volatility Markets Are Complacent | Kris Sidial on Tariff Risk to Stocks, Dispersion Trade, and Margin Risk

Geopolitical Uncertainty is Freezing Private Capital | John Bowman of CAIA

“It’s All About Credit” | James Aitken on Widening Credit Spreads & Falling U.S. Stocks, Tariff-Induced Slowdown & Trade Disruption, Chinese & European Stocks, and Private Credit

Tariffs Unlikely To Derail Strong Economy—But Market Risk Has Risen | Prometheus Macro’s Aahan Menon

The Liquidity Squeeze | Michael Howell On Funding Pressures, China’s Gold Yuan Devaluation, and Trump Admin’s Tariff Endgame

The Specialist Hedge Fund That Has Crushed the S&P 500 | Moez Kassam of Anson Funds

The “Biblical” Rotation Out Of U.S. Stocks | Julian Brigden on Flight from Dollar Assets, Tariffs, and Rumored “Mar-a-Lago Accord”

The Stock Market Blues | Jack Farley & Max Wiethe on Tariff Uncertainty & Jobs Market Data

How Tariffs Jeopardize The Soft Landing | Jonny Matthews, former Brevan Partner, on Bond Yields, Japanese Yen, and Gold

Economic Playbook For Trump 2.0 | Eric Wallerstein on Tariffs, DOGE, Jobs Numbers, and Global Trade War Tail Risk

Inside the Alternative Investment Platform Megatrend | Alan Strauss of Crystal Capital Partners

Gambling Man: Masayoshi Son’s Bold AI Vision For 2025 & Beyond | Lionel Barber

The Private Markets Digestion Phase | Jean-Baptiste Wautier on Key Man Risk, GP/LP Returns, and Private Credit “Bubble”

The Trends Driving the Hedge Fund Industry’s Record $4.5 Trillion in AUM | Ken Heinz of HFR Index

The Central Bank As Crisis Manager | Dr. Patrick Honohan, former Central Bank of Ireland Governor, on Crisis Management, Macroeconomic Shocks, & Tariffs

What Really Happened To Silicon Valley Bank | Ken Wilcox (SVB CEO 2001 - 2011) on SVB’s Collapse and How China Took Over Shanghai SVB

Building the Definitive Hedge Fund Analyst Masterclass | Brett Caughran on Fundamental Edge

“The Humble Investor” | Dan Rasmussen on Mag7, Value, Private Equity & Credit, and More

Hedge Funds Are a Team Sport | Ilya Zaides on Continuity at 14B Capital

The EM Financial Stability Report Card | Rohit Goel on Emerging Markets, Dollar Dominance, and Term Premia

2025 = Biggest Bank M&A Year In History? Bank Zhar Brad Rinschler on Credit, CRE, GBank, REIT Pain, and Much Much More

Joseph Wang: Tariffs Are Coming & They Will Be Bad For Stocks (But Good for America)

Russell Clark on Inverting the Long Short Hedge Fund Model and Battling Investors' Biggest Risks

January Fed Meeting Breakdown | Jack Farley & Max Wiethe on Powell, Banks, and China's AI Race

Tariffs Could Blow Up the Bond Market | Mark Zandi on the Biggest Risk to the Economy

How Micro Informs The Macro | David Steinberg on Scott Bessent, Pet Investing, Semiconductors, Music Publishing, and Peter Lake

Why Chinese Bond Yields Have Collapsed | Louis Vincent Gave’s Bull Case For Chinese Stocks and Chinese Property Bonds

Trading Skill Isn’t Enough to Run a Hedge Fund | Benn Eifert of QVR Advisors

Will the Risk On Party Continue? | Chris Carrano on The Quantitative Factors Driving Markets

Luke Gromen: Foreigners To Dump Bonds If U.S. Dollar Continues To Strengthen

Why Hedge Fund Managers Must Adapt or Die | Kyle Mowery on The Future of Small Cap Value

How The Treasury Decides Where To Borrow | Steve Hou on Maturity Issuance Policies of U.S. Treasury and Equity Index Construction

Market Tumbles On Rosy Jobs Data | Jack & Max Break-Down Non-Farm Payroll (NFP) Sell-Off and Current Macro Regime

S&P 500 to 15,000? | Mel Mattison on Bretton Woods 2.0, Revaluation of Gold, and Why He Expects A Violent Stock Market Correction In Early 2025

The Last Mutual Fund Manager Standing | How Eric Crittenden Defied the ETF Boom to Build a $1B Fund

Mothballing the Basel III Endgame | The Future of US Bank Regulation with Jason Cave

Citrini’s Top 25 Trades For 2025

Dr. Darrell Duffie on Liquidity Strains at Year-End/Quarter-End and When Fed Reserves Will No Longer Be Ample

The Research to AUM Pipeline | Warren Pies on Raising $450m in an ETF in Less Than 6 Months

From "Everything Bubble" To "Everything Bust"? Michael Howell on Liquidity In 2025 & Beyond

U.S. Recession To Be Revealed By January 2025 “Data Bomb” | Danielle DiMartino Booth

Jack Farley & Max Wiethe on Fed Hawkishness & Steep Stock Market Sell-off

Inside the Secret World of Prop Traders | Noel Smith of Convex Asset Management

The Treacherous Last Mile of Inflation | Vincent Deluard on France, 2025 U.S. Fiscal Drag, COLA Pain, and the U.S. Healthcare Price Spiral

20% Decline In Stocks By First Quarter 2025? Felix Zulauf on a Bubble In S&P 500, Yen Carry Trade, and Bond Market Rollercoaster

Active Management Still Matters in Emerging Markets | Jamie Carter

Rumors of Job Market Demise Have Been Greatly Exaggerated | Jack Farley & Max Wiethe

The Macroeconomic Malaise | Juliette Declercq on Debt, Tariffs, Immigration, and Yield Curve

The Investor Up 1000% With No Down Years | Chris Brown of Aristides Capital

Financial Markets Remain Abnormal | Andy Constan on Flat Yield Curve, Expensive Stock Market, and MicroStrategy

Joseph Wang & George Goncalves on Rates, Tariffs, Fed’s Balance Sheet, and Yen Carry Trade

The Easiest Way to Launch a Hedge Fund | Understanding Fund Spinouts with Farid Guindo

Banks As Synthetic Hedge Funds | Elham Saeidinezhad on Private Credit ETFs, Interest Rate Swaps as Repo, and the Increasing Interconnectedness Between Banks And Nonbanks

S&P To 7000? | Warren Pies On Why Stocks Aren’t Overvalued

How To Build A Billion Dollar Hedge Fund From Scratch | Dan Rasmussen

Investing For A High Price Future | James Davolos on Inflation, Pricing Power, and West Texas

U.S. Dollar Is Getting Crowded | “Market Wizard” Jason Shapiro on Currencies, Stocks, and Bonds Under Trump Administration

Thinking Outside the Style Box | The Hedge Fund Category Problem with Louis Camhi | Other People's Money with Max Wiethe

Let The Bull Loose | Citrini on Trump Trade, China, and Powell Put On Bonds