Interview recorded - 11th of March, 2025

On this episode of the WTFinance podcast I had the pleasure of welcoming on Edward Dowd. Edward is the Founder of Phinance Technologies and author of Cause Unknown.

During our conversation we spoke on his current views on the markets, why the economy is struggling, Mainstreet vs Wallstreet, Biden immigration policy, shift from capital to labour, economic reset, which assets to perform and more. I hope you enjoy!

Economic Outlook -https://phinancetechnologies.com/Product_USEconomyOutlook2025.htm

0:00 - Introduction
1:34 - Current view of markets?
5:55 - Why was economy struggling?
8:56 - Biden immigration policy
11:14 - Mainstreet vs Wallstreet
13:42 - Government spending, regulation, spending
16:02 - Shift from capital to labour?
18:00 - Global Economy
22:00 - Force Powell to cut rates?
23:12 - Secular shift?
25:20 - System leverage
27:22 - Which assets to perform?
30:07 - One message to takeaway?

Edward Dowd is currently a founding partner with Phinance Technologies. He has worked on Wall Street the majority of his career, most notably at Blackrock as a portfolio manager where he managed a $14 billion Growth equity portfolio for ten years. Edward's book Cause Unknown: The Epidemic of Sudden death in 2021 & 2022 propelled him as an alternative voice during the pandemic and the economic implications that continue to plague us today. Phinance's unique alternative macroeconomic analysis of the global debt crisis and what may unfold has given many a deeper understanding of the global nature of our problems today.

Edward Dowd:

Website - https://phinancetechnologies.com/Home.asp
X - https://x.com/DowdEdward

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