WTFinance

Interview recorded - 14th of October, 2024

This interview was from a WTFinance podcast with Michael Oliver. Michael is a regular guest who is the founder of Momentum Structural Analysis.

During our conversation we spoke about how the US is currently the largest market, why the FED won't be able to save it, precious metals and gold, whether silver will outperform this time, a debt crisis and more. I hope you enjoy!

0:00 - Introduction
0:16 - Hell in markets still on the cards in 2024?
4:20 - FED saved the day?
6:40 - Silver to outperform?
8:35 - Extended bond bear market?
11:50 - Flash crashes incoming?
15:30 - Trends keep increasing
18:20 - What is happening in China?
20:25 - Debt crisis?
25:16 - Commodity super cycle?
27:00 - Where does gold and commodities go?
31:10 - Miners to perform?
34:35 - One message to takeaway from conversation?

J. Michael Oliver entered the financial services industry in 1975 on the Futures side, joining E.F. Hutton’s International Commodity Division, headquartered in New York City's Battery Park.  He studied under David Johnston, head of Hutton’s Commodity Division and Chairman of the COMEX.

In the 1980s Mike began to develop his own momentum-based method of technical analysis.  He learned early on that orthodox price chart technical analysis left many unanswered questions and too often deceived those who trusted in price chart breakouts, support/resistance, and so forth.

In 1987 Mike technically anticipated and caught the Crash.  It was then that he decided to develop his structural momentum tools into a full analytic methodology.

In 1992 the Financial VP and head of Wachovia Bank's Trust  Department asked Mike to provide soft dollar research to Wachovia.  Within a year, Mike shifted from brokerage to full-time technical research.  He is also the author of The New Libertarianism: Anarcho-Capitalism.

Michael Oliver - 

Website - https://www.olivermsa.com/
Twitter - https://twitter.com/Oliver_MSA

WTFinance -

Spotify - https://open.spotify.com/show/67rpmjG92PNBW0doLyPvfn
iTunes -https://podcasts.apple.com/us/podcast/wtfinance/id1554934665?uo=4
LinkedIn - https://www.linkedin.com/in/anthony-fatseas-761066103/
Twitter - https://twitter.com/AnthonyFatseas

Interview recorded - 3rd of October, 2024

On this episode of the WTFinance podcast I had the pleasure of welcoming on Warwick Powell. Warwick as an Adjunct Professor at the Queensland University of Technology working at the intersection of China, digital technologies, supply chains, financial flows and global political economy & governance.

During our conversation we discussed China's rise, the current US-China relationship and how this has evolved, why China hasn't become more democratic, recent economic challenges, end of US Hegemony, recent fiscal stimulus and more. I hope you enjoy!

0:00 - Introduction
1:44 - Current US-China relationship and how has it got to this stage?
6:40 - When did trade tensions begin?
12:16 - Why has China not changed?
14:58 - What is China after?
19:52 - Impact of Real Estate markets?
32:31 - Can manufacturing capacity continue to grow?
39:40 - What influences West’s tariffs?
46:23 - Move to multipolar influence
54:58 - Picking geopolitical sides?
57:38 - Chinese fiscal support?
1:06:33 - Future support to be iterative
1:09:37 - One message to takeaway from conversation?

​​Warwick began his career in academia, teaching Chinese history and European cultural history at Griffith University. He graduated with First Class Honours and is the recipient of the prestigious University Medal for Academic Excellence. Warwick was also awarded a Department of Foreign Affairs and Trade scholarship to undertake postgraduate studies at People’s University, Beijing. He deferred his studies to begin work for Kevin Rudd in the Queensland Government.

He is the chairman and founder of Sister City Partners Limited, a not-for-profit investment bank focusing on developing links between regional Australia and the markets of Asia. Through this work, Warwick has experience in diverse industries including cattle and sheep production and processing, information and communication technology, infrastructure, energy, natural resources, travel and tourism and property development.

He is a director of a number of funds management companies responsible for funds established under an ASIC-approved Australian Financial Services License. He is a member of the Central Highlands Accelerate Agribusiness Advisory Board and was the founding Treasurer of Innovation NQ Inc., a not-for-profit innovation incubator in North Queensland.

He continues to teach professional courses in areas such as innovation, creativity, regional economic development and blockchain technology with James Cook University, QUT and Edith Cowan University.

Warwick Powell: 

LinkedIn - https://au.linkedin.com/in/warwickpowell
Substack - https://substack.com/@warwickpowell 
Twitter - https://x.com/baoshaoshan

WTFinance -

Instagram - https://www.instagram.com/wtfinancee/
Spotify - https://open.spotify.com/show/67rpmjG92PNBW0doLyPvfn
iTunes - https://podcasts.apple.com/us/podcast/wtfinance/id1554934665?uo=4
Twitter - https://twitter.com/AnthonyFatseas

Interview recorded - 27th of September, 2024

On this episode of the WTFinance podcast I had the pleasure of welcoming back Matthew Piepenburg. Matthew is a Partner of Von Greyerz AG and critic of current monetary policy actions of central banks.

During this conversation we spoke about his thoughts on the economy, why there is a debt trap, no expectation of real growth in the future, private vs public debt, calculating US Dollar devaluation, precious metals and more. I hope you enjoy!

0:00 - Introduction
1:42 - Current thoughts on the economy?
7:16 - Concentration of growth
12:38 - Private vs public debt crisis
26:31 - Calculating US Dollar devaluation?
32:26 - Can they decrease the deficit?
40:16 - Why nothing about gold or silver?
50:10 - One message to takeaway?

Matt began his finance career as a transactional attorney before launching his first hedge fund during the NASDAQ bubble of 1999-2001

Thereafter, he began investing his own and other HNW family funds into alternative investment vehicles while operating as a General Counsel, CIO and later Managing Director of a single and multi-family office. Matthew worked closely as well with Morgan Stanley’s hedge fund platform in building a multi-strat/multi-manager fund to better manage risk in a market backdrop of extreme central bank intervention/support. The conviction that precious metals provides the most reliable and longer-term protection against potential systemic risk led Matt to join VON GREYERZ.

The author of the Amazon No#1 Release, Rigged to Fail, Matt is fluent in French, German and English; he is a graduate of Brown (BA), Harvard (MA) and the University of Michigan (JD). Along with Egon von Greyerz, Matthew is the co-author of Gold Matters, which offers an extensive examination of gold as an historically-confirmed wealth-preservation asset.

Matthew Piepenburg - 

LinkedIn - https://linkedin.com/in/matthewpiepenburg
Website - https://vongreyerz.gold/

WTFinance -

Instagram - https://www.instagram.com/wtfinancee/
Spotify - https://open.spotify.com/show/67rpmjG92PNBW0doLyPvfn
iTunes - https://podcasts.apple.com/us/podcast/wtfinance/id1554934665?uo=4
Twitter - https://twitter.com/AnthonyFatseas

Interview recorded - 25th of September, 2024

On this episode of the WTFinance podcast I had the pleasure of welcoming back Neil Howe. Neil is the co-author of the ground breaking “The Fourth Turning” and author of the updated version of the book “The Fourth Turning is Here: What the Seasons of History Tell Us About How and When This Crisis will End” which I had the pleasure of reading. 

During our conversation we spoke about the Fourth turning, the current political shifts, the challenges with democracy, nullification of governments, impact on markets, financial repression, risk of recession and more. I hope you enjoy! 

0:00 - Introduction 
3:19 - What is the Fourth Turning?
8:24 - Where are we in the cycle?
13:29 - Cycles increasing in time?
17:19 - Political shifts driven by leaders?
22:49 - Extreme centralisation during dictatorship
28:59 - What can be learnt from pushes to dictatorship?
34:40 - The issues with democracy?
38:40 - Five outrageous predictions
41:55 - What would succession look like?
46:30 - Nullification of the federal government
49:00 - Geopolitical brinkmanship
51:02 - How do Fourth turning impact markets?
54:30 - Financial repression
56:30 - Pre-empt and create anti-fragile systems?
1:00:25 - What is happening in the economy?
1:04:20 - What is the economic lag?
1:06:26 - Passive investing impacting
1:13:35 - One message to takeaway from our conversation?

Neil Howe is an acclaimed historian, economist, and demographer and the bestselling author (with William Strauss) of The Fourth Turning, as well as over a dozen books on demographic and social change. The nation’s leading thinker on today’s generations—who they are, what motivates them, and how they will shape America’s future—Howe is Managing Director of Demography at Hedgeye Risk Management, an independent financial research firm, as well as President of LifeCourse Associates, which serves hundreds of corporate, nonprofit, and government clients. He lives with his family in Great Falls, Virginia.

Neil Howe - 

LinkedIn - https://www.linkedin.com/in/neilhowe/
Twitter - https://twitter.com/HoweGeneration
Hedgeye - https://app.hedgeye.com/

WTFinance - 

Instagram - https://www.instagram.com/wtfinancee/
Spotify - https://open.spotify.com/show/67rpmjG92PNBW0doLyPvfn
iTunes - https://podcasts.apple.com/us/podcast/wtfinance/id1554934665?uo=4
Twitter - https://twitter.com/AnthonyFatseas

Interview recorded - 23rd of September, 2024

On this episode of the WTFinance podcast I had the pleasure of welcoming on Glenn Diesen. Glenn is a Norwegian political scientist and professor at the University of South-Eastern Norway.

During our conversation we spoke about the current geopolitical outlook, US hegemon, risk of the collapse of the US hegemon, a multipolar war, increasing geopolitical tensions, economic optionality and more. I hope you enjoy!

0:00 - Introduction
1:03 - Current outlook on geopolitics?
2:56 - US hegemony being challenged?
4:04 - US hegemony and unipolar world
10:11 - World leaders seeing US as hypocrites?
19:27 - Could US have prevent challenge of hegemon?
24:09 - What is a multipolar world?
30:04 - Economic optionality for economies
35:56 - One message to takeaway from conversation?

Professor Diesen is an academic, author, editor, and political commentator. His research focus is primarily on Russian foreign policy and the geoeconomics of Greater Eurasia and the emerging strategic partnership between Russia and China. Diesen’s latest books are The Ukraine War & the Eurasian World Order (2024); Russophobia: Propaganda in International Politics (2022), Europe as the Western Peninsula of Greater Eurasia: Geoeconomic Regions in a Multipolar World (2021); Russian Conservatism: Managing Change under Permanent Revolution (2021); Great Power Politics in the Fourth Industrial Rivalry: The Geoeconomics of Technological Sovereignty (2021); The Return of Eurasia (2021); Russia in a Changing World (2020); The Decay of Western Civilisation and Resurgence of Russia: Between Gemeinschaft and Gesellschaft (2018); Russia’s Geoeconomic Strategy for a Greater Eurasia (2017); and EU and NATO relations with Russia: After the collapse of the Soviet Union (2015).

Glenn Diesen:

X: https://twitter.com/Glenn_Diesen
Substack: https://glenndiesen.substack.com/
YouTube:  @GDiesen1

WTFinance -

Instagram - https://www.instagram.com/wtfinancee/
Spotify - https://open.spotify.com/show/67rpmjG92PNBW0doLyPvfn
iTunes - https://podcasts.apple.com/us/podcast/wtfinance/id1554934665?uo=4
Twitter - https://twitter.com/AnthonyFatseas

Interview recorded - 10th of September, 2024

On this episode of the WTFinance podcast I had the pleasure of welcoming back Alasdair Macleod. Alasdair is the Head of Research for Goldmoney. 

We spoke about the risk of a debt trap, commodities, whether the FED can cut out of a recession, japanificarion, gold and more. I hope you enjoy! 

0:00 - Introduction
1:43 - What is happening in the economy?
3:43 - Commodity crash linked to recession?
7:42 - Impact of low interest rates?
9:40 - Politicians to cut deficit?
14:45 - Private debt market to blow up?
18:55 - Can US/UK go way of Japan?
22:06 - Why is gold unloved?
23:26 - Flooding into precious metals?
31:56 - What does a building of a gold standard take?
39:20 - Only possible with commodity producing company?
42:11 - One message to takeaway from our conversation?

Alasdair Macleod is Head of Research for GoldMoney. He is an educator and advocates for sound money through demystifying finance and economics. His background includes being a stockbroker, banker, and economist.

Alasdair Macleod started his career as a stockbroker in 1970 on the London Stock Exchange. Within nine years, he had risen to become senior partner of his firm.

Subsequently, he held positions at the director level in investment management and worked as a mutual fund manager. Mr. Macleod also worked at a bank in Guernsey as an executive director.

For most of his 40 years in the finance industry, he has been demystifying macroeconomic events for his investing clients. The accumulation of this experience has convinced him that unsound monetary policies are the most destructive weapon governments use against the common man. Accordingly, his mission is to educate and inform the public in layman's terms what governments do with money and how to protect themselves from the consequences.

Alasdair Macleod - 

GoldMoney - https://www.goldmoney.com/research
Substack - https://alasdairmacleod.substack.com/
Twitter - https://twitter.com/MacleodFinance
LinkedIn - https://www.linkedin.com/in/alasdair-macleod-9494b27/

WTFinance -

Instagram - https://www.instagram.com/wtfinancee/
Spotify - https://open.spotify.com/show/67rpmjG92PNBW0doLyPvfn
iTunes - https://podcasts.apple.com/us/podcast/wtfinance/id1554934665?uo=4
Twitter - https://twitter.com/AnthonyFatseas

Interview recorded - 9th of September, 2024

On this episode of the WTFinance podcast I had the pleasure of welcoming on Mel Mattison. Mel is writer and financial services veteran, with 20 years in the realm of high finance. 

During our conversation we talked about Mel's outlook for the markets, higher inflation for longer, risk of economic collapse, social security, stock melt-up, which assets will perform and more. I hope you enjoy!

0:00 - Introduction
0:49 - Outlook on the macro and markets?
5:10 - Higher inflation for longer?
11:55 - Can government thread deficit needle?
15:28 - Risk of collapse?
21:30 - Social security into stocks?
24:20 - Increased volatility in the markets
30:51 - Stock melt-up?
34:49 - Dollar pain for global countries?
40:01 - Assets to perform post crash?
43:16 - One message to takeaway from conversation?

For over twenty years, Mel has held key posts with both established asset managers such as Russell Investments and fast-growth startup firms like United Capital (acquired 2019 by Goldman Sachs).  Since 2019, Mel has focused almost exclusively on private equity and the employee stock option financing space.  He also founded the personal finance and wellness app, MoneyComb, in 2014.  Seed funded by Duke University and incubated under leading behavioral economist Dan Ariely, MoneyComb quickly gained a reputation for innovative thinking about money and happiness: MoneyComb in WSJ.

Having served as the CEO of three different FINRA and SEC registered broker-dealers, Mel has established himself as an expert in the operation of financial firms with an emphasis on broker-dealer formation, private placements, compliance, and scaling of digital operations.

Mel holds an MBA with concentrations in investment and corporate finance from Duke University.  He received his BA from Loyola University Chicago where he majored in philosophy, minored in English, and helped establish the school’s nascent men’s rugby program.  Mel is also a Certified Financial Planner™ Professional and holds the CFP® designation.

Mel Mattison:

Website - https://www.melmattison.com/
X - https://twitter.com/MelMattison1
Book - https://www.amazon.com/dp/B0CK6WTGJV?ref_=cm_sw_r_cp_ud_dp_ZBJCM70F8RTF8WCETGYT

WTFinance:

Spotify - https://open.spotify.com/show/67rpmjG92PNBW0doLyPvfn
iTunes -https://podcasts.apple.com/us/podcast/wtfinance/id1554934665?uo=4
LinkedIn - https://www.linkedin.com/in/anthony-fatseas-761066103/
Twitter - https://twitter.com/AnthonyFatseas

Interview recorded - 2nd of September, 2024

Substack - https://rubino.substack.com/

On this episode of the WTFinance podcast I had the pleasure of welcoming back John Rubino. John was the Founder of dollarcollapse.com, author/co-author of 5 books and has a great Substack.

During our conversation we spoke about John's thoughts about the economy, interest rate cutting, another real estate credit event, similar to the 90's, milkshake theory, new standard currency, gold miners and more!

0:00 - Introduction
0:57 - What is John seeing in the economy?
2:46 - Interest rate cut to help?
5:15 - Another real estate credit event?
6:40 - Banks to benefit from interest rate cuts?
9:29 - Similar to the 90’s?
12:33 - Drawn out recession or flash crash?
17:48 - Thank you!
19:08 - Milkshake theory and the dollar?
21:57 - New standard currency?
25:14 - BRICS buying gold while West sells
30:36 - Gold miners?
33:13 - One message to takeaway from our conversation?

John Rubino is a former Wall Street financial analyst and author or co-author of five books, including The Money Bubble: What To Do Before It Pops and Clean Money: Picking Winners in the Green-Tech Boom. He founded the popular financial website DollarCollapse.com in 2004 and sold it in 2022.

John's newsletter provides actionable advice, based on a couple of premises:

- The financial world is spinning out of control and will get considerably worse before it gets better.

- There are things we can do to improve our odds of surviving and thriving as the chaos unfolds.

John Rubino - 

Substack - https://rubino.substack.com/
LinkedIn - https://www.linkedin.com/in/john-rubino-a952146/

WTFinance - 

Spotify - https://open.spotify.com/show/67rpmjG92PNBW0doLyPvfn
iTunes -https://podcasts.apple.com/us/podcast/wtfinance/id1554934665?uo=4
LinkedIn - https://www.linkedin.com/in/anthony-fatseas-761066103/
Twitter - https://twitter.com/AnthonyFatseas

Interview recorded - 26th of August, 2024

On this episode of the WTFinance podcast I had the pleasure of welcoming back Lyn Alden. Lyn is one of the foremost macro strategists, Founder of Lyn Alden Investment Strategy & author of the book “Broken Money: Why Our Financial System is Failing Us and How We Can Make it Better”.

During our conversation we spoke about what is happening in the markets, rotation out of the US, which markets are investable, broadening US markets, energy, China and more. I hope you enjoy!

0:00 - Introduction
1:50 - What has happened the past few weeks in markets?
7:20 - International investors leaving US?
9:05 - International markets
11:10 - Which countries to benefit?
13:50 - Who benefits from rate cuts?
15:45 - Broadening of US market?
18:38 - Powell made right decision?
22:26 - Similarities to 90’s?
24:19 - Fiscal repression
29:50 - Interest payments impact on deficit?
32:28 - Solution for social securities?
36:03 - AI to fix outcomes?
37:58 - Energy shift
43:46 - Chinese manufacturing growth to continue?
46:13 - West less control over China?
48:32 - Chinese soft power
51:23 - One message to takeaway from our conversation?

Lyn runs an investment research service for both retail and institutional investors at LynAlden.com. Her focus is on fundamental investing with a global macro overlay, with an emphasis on equities, currencies, commodities, and digital assets. 

Lyn has also worked for over a decade in the aviation industry in a range of roles, starting as an electronics engineer and moving into project and facility management, and engineering finance. Eventually she became the head engineer and head of technical procurement for the facility, before retiring in my 30s. 

Lyn has a bachelor's in electronics engineering and a master's in engineering management, with a focus on engineering economics and financial modelling. 

Lyn Alden - 

Website - https://www.lynalden.com/
LinkedIn - https://www.linkedin.com/in/lynalden/
Twitter - https://twitter.com/lynaldencontact?lang=en

WTFinance -

Instagram - https://www.instagram.com/wtfinancee/
Spotify - https://open.spotify.com/show/67rpmjG92PNBW0doLyPvfn
iTunes - https://podcasts.apple.com/us/podcast/wtfinance/id1554934665?uo=4
Twitter - https://twitter.com/AnthonyFatseas

Interview recorded - 27th of August, 2024

On this episode of the WTFinance podcast I had the pleasure of welcoming back Michael Howell. Michael is the Founder & Managing Director of CrossBorder Capital.

During our conversation we spoke about the liquidity cycle, dollar drop, risk on, treasury actions, financial repression, Bitcoin/Gold as risk off assets and more. I hope you enjoy!

0:00 - Introduction
1:47 - Market flying?
5:04 - Anything else to pay attention to?
9:21 - Surprised by dollar drop?
11:34 - Liquidity cycle
18:15 - Majority of returns at beginning of liquidity cycle?
19:33 - Yellen fiscal dilemma?
23:17 - Treasury actions
32:11 - Bond yields to rise?
33:15 - Basel 4 financial repression
34:01 - Risk-on the current strategy?
35:35 - Industrial metals to benefit?
37:21 - Bitcoin/Gold de-correlating to markets?
40:01 - One message to takeaway from our conversation?

Michael Howell is CEO of CrossBorder Capital, a London-based FCA registered, independent research and investment company that he founded in 1996. Previously he was Head of Research for Baring Securities and Research Director of Salomon Brothers Inc, the US investment bank. The liquidity methodology he pioneered monitors cross-border flows and Central Bank behaviour across some 80 countries world-wide. Liquidity flows are a central part of CrossBorder Capital's asset allocation advice, which is currently provided to major global investors, including institutional asset managers, government agencies, Central Banks and endowment funds. Michael has been in financial markets since 1981 and is a regular conference speaker and media commentator. He graduated from Bristol and London Universities with a finance doctorate, specialising in Fixed Income.

Michael Howell -

Website - https://crossbordercapital.com/
Twitter - https://twitter.com/crossbordercap
LinkedIn - https://www.linkedin.com/in/michael-howell-357b1416/?originalSubdomain=uk

WTFinance -

Instagram - https://www.instagram.com/wtfinancee/
Spotify - https://open.spotify.com/show/67rpmjG92PNBW0doLyPvfn
iTunes - https://podcasts.apple.com/us/podcast/wtfinance/id1554934665?uo=4
Twitter - https://twitter.com/AnthonyFatseas