Julia La Roche and Raoul Pal: Get Ready For 'Macro Summer'

Raoul joins Julia La Roche to share his macro outlook, views on cryptocurrency and AI, and Exponential Age thesis.

In this episode, Pal makes a case that we're currently at the bottom of the business cycle and are headed for what he coined "macro summer" next year. According to Pal, a macro summer is the "holy grail for macro investing," characterized by falling rates, falling inflation, and growth picking up. Pal noted that tech stocks and crypto priced in a recession last year and are forward-looking, indicating a more positive outlook for the economy. At the same time, the Russell 2000 and oil are more reflective of the present day and a slow economy.

Subscribe to Julia's Show on YouTube here: www.youtube.com/@TheJuliaLaRocheShow

Unlock the potential to showcase your brand to our global audience. Contact us at [email protected] for advertising inquiries.

Learn more about your ad choices. Visit podcastchoices.com/adchoices