WTFinance

Interview recorded - 29th of January, 2024

On this episode of the WTFinance podcast I had the pleasure of welcoming back Simon Hunt.

During our conversation we spoke about whether an economic depression is on the horizon, catalyst for a deflation, debt driven growth in China, risk of conflict and more!

0:00 - Introduction
1:45 - Economic Depression on Horizon?
9:10 - Catalyst for deflation?
10:40 - Geopolitics escalating to the point of a global conflict?
13:00 - Can China still be a threat to the US?
15:25 - Debt driven growth in China?
18:10 - BRICs vs the world?
21:50 - What impact will conflict have on the economy?
23:15 - What assets will perform during this period?
24:50 - One message to takeaway from our conversation?

Simon Hunt began his career in 1956 in Central Africa as a PA to the Chairman of Rhodesian Selection Trust, one of the two large copper companies in what was then Northern Rhodesia, now Zambia.

In 1961 he came back to London and joined Anglo American Corporation of South Africa as a PA to one of the Board Directors, followed by being part of a small sales and marketing team for copper. From there, he helped start up a new copper development organisation, CIDEC, financed by copper producers, which he then joined, focusing on conducting end-use studies of copper in Europe.

He then went into the City to gain financial experience and founded Brook Hunt in 1975. He was instrumental in setting up the company’s cost studies and end-use analyses. He appeared as material witness and consultant in two ITC anti-dumping cases in 1978 and 1984, winning both at the commission level.

He has spent 2-4 months every year in China since 1993 and until a few years ago would be visiting some 80 wire and cable and brass mill factories across the country every year. He now restricts these factory visits to a smaller number, all of which he has known for many years. He also spends many weeks each year traveling around Asia.

The focus of the company’s services is on the global economy, including the changing geopolitical and financial structures, China’s economy and its copper sector, and then the global copper industry as each part is interconnected.

Simon is the author of the “Frontline China Report Service,” which is marketed by the TIS Group. The Service provides regular reports on China’s economy, politics, and financial outlook.

Simon established this company in January 1996.

Simon Hunt -

Website - https://www.simon-hunt.com/
Email - [email protected]

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 - 19th of January, 2023

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 whether good news is bad for the markets, Deja vu of back end of 2022, unwinding of 40 years of economic exuberance, mass bankruptcies, whether the FED has pivoted and if US government obligations can be repaid. I hope you enjoy!

0:00 - Introduction
1:11 - What is John seeing in economy & markets in 2024?
6:12 - Is bad news good news for the markets?
9:34 - Deja vu, similar to end of 2022?
12:32 - Unwinding of 40yrs of Exuberance? 
15:24 - Mass Bankruptcies
19:37 - What drove inflation the past few years?
22:39 - Has the FED pivoted?
26:24 - Trump hostile to FED
28:59 - Large deficits for foreseeable future
31:14 - Can the obligations been paid for?
38:59 - 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 - 17th of January, 2023

On this episode of the WTFinance podcast I had the pleasure of welcoming back  @gcelente . Gerald is the Founder/Director of the Trends Research Institute and Publisher of the Trends Journal.

During our conversation we spoke about the trends Gerald are watching in 2024, "When all else fails, they will take you to war", whether Biden runs for president, Synthetic Devolution and which assets to perform during this period.

0:00 - Introduction
1:44 - What trends is Gerald watching out for in 2024?
4:28 - “When all else fails, they will take you to war”
8:35 - Middle East Meltdown
11:46 - Weakness creates conflict, not strength
15:21 - What impact will the largest election year in history have?
18:01 - Will Biden run for president?
19:46 - Synthetic Devolution
27:41 - Which assets to perform during this period?
36:06 - One message to takeaway from our conversation?

Gerald Celente is the Founder/Director of the Trends Research Institute and Publisher of the weekly Trends Journal magazine. He is the author of the highly acclaimed and best-selling books “Trend Tracking” and “Trends 2000” (Warner Books). 

With a 43-year track record of identifying, tracking, and forecasting trends, Celente is world-renowned as today’s #1 Trend Forecaster. Celente has earned the reputation as a trusted name in trends for his many accurate forecasts; among them, the 1987 Stock Market crash, Dot com bust, “Gold Bull Run,” “Panic of ‘08,” the rise of organic foods, and the popularity of gourmet coffee long before Starbucks was a household name. Celente, who developed the Globalnomic methodology to identify, track, forecast, and manage trends, is a political atheist. Unencumbered by political dogma, rigid ideology, or conventional wisdom, Celente, whose motto is “Think for Yourself,” observes and analyzes current events forming future trends for what they are – not for how he wants them to be. A true American Patriot, Celente owns three pre-Revolutionary stone buildings on the most historic corner in America, where the seeds of Democracy were sown, Colonial Kingston, New York’s first Capitol. Self-described as a “Warrior for the Prince of Peace,” Gerald Celente is also the Founder “Occupy Peace & Freedom,” a not-for-profit movement to honor the Constitution and Bill of Rights and restore Freedoms.

Gerald Celente - 

Journal - https://trendsjournal.com/
YouTube -  @gcelente  
Twitter - https://twitter.com/geraldcelente

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 - 10th of January 2024

On this episode of the WTFinance podcast I have the pleasure of welcoming back David Hunter for a 4th time. David is a contrarian macro strategist with 49 years of experience on Wall Street. 

During this conversation we spoke about David's thoughts in 2024, why we will see the largest stock market rally in history, what this means for inflation, what causes the stock market rally, whether the FED can save the market and more. I hope you enjoy!

0:00 - Introduction
0:56 - What Will Happen in 2024?
2:13 - Biggest rally in history
9:03 - Broad market rally?
9:28 - Inflation impact on markets?
10:48 - Institutional Investors to drive market
14:13 - S&P500 breaking all-time highs?
15:48 - Stocks Up, Dollar Down & Energy Down?
18:38 - Which industries in cyclicals to perform?
22:08 - Catalyst for the peak then crash?
31:13 - Would Powell increase interest rates?
32:48 - Underlying economic issues
35:48 - Japan precursor for globe
38:18 - How do equities perform during high inflation?
41:08 - Will FED be unable to save market?
46:28 - One message to takeaway from our podcast?

Investment professional with 25 years of investment management experience and 20 years as a sell-side strategist with strong expertise in macroeconomic analysis and portfolio management. My strong macro capabilities combined with a contrarian philosophy have allowed me to forecast economic cycles and spot market trends well ahead of the consensus. Intellectually honest, independent thinker comfortable with charting a course apart from the crowd. Accomplished stock picker and value-oriented portfolio manager.

David Hunter - 

Twitter - https://twitter.com/DaveHcontrarian
LinkedIn - https://www.linkedin.com/in/david-hunter-668ba015/

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 - 5th of January, 2024

On this episode of the WTFinance podcast I had the pleasure of welcoming back Henrick Zeberg for the first interview of the year! Henrik is a Macro Economist, the Founder and Publisher of the Zeberg Report. 

During our conversation we spoke about Henrik's Outlook for 2024, why stock market will continue to rip until April this year, the impending recession similar to 2008, what assets will benefit during recession and stagflation afterwards and more. I hope you enjoy!

0:00 - Introduction
3:28 - Henrik's Outlook for 2024?
5:13 - The Business Cycle
8:50 - Disconnect between Economic Indicators?
12:48 - Henrik’s 2024 Timeline
15:11 - Supply Chain Shock?
18:43 - US Fiscal Capacity?
22:58 - Risk-On Assets
25:28 - What would influence Henrik to shift from bullish to bearish?
26:43 - Repeat of 2008
31:03 - Back to easy money after recession?
32:18 - Positions after top?
35:53 - One message to takeaway from conversation?

Henrik Zeberg is a Macroeconomist (M.Sc. Econ) from the University of Copenhagen. He is a Business Cycles student, Elliott Wave practitioner, and Chartist. You can find out more about his newsletter on his Website.

Henrik Zeberg - 

Newsletter - https://www.thezebergreport.com/
Twitter - https://twitter.com/HenrikZeberg

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 -  19th of December, 2023

This week I had the pleasure of welcoming back David Hay - Co-Chief Investment Officer of Evergreen Gavekal.

During our conversation we talked about the David's current thoughts on markets, whether we are in a new bull market or bear rally, assets David is currently watching and more. I hope you enjoy!

0:00 - Introduction
0:45 - Current thoughts on markets
3:05 - Preventing Trump returning to power?
6:20 - FED providing maximum optionality?
9:20 - Consensus skewed to bullish side
11:10 - Do we understand the impact QT has on markets?
14:05 - Long End of Bond Market to help FED?
15:15 - New bull market or bear rally? 
19:20 - Opportunities in small caps?
24:47 - Case for Strong US Economy?
27:00 - What attracted David to Emerging Markets Debt?
29:20 - What else is David watching?
33:05 -  Industries that are out of love
36:37 - One message to takeaway from our conversation?

David Hay acquired the majority interest in Evergreen Gavekal (at the time, Evergreen Capital Management) in 2002. He continues to serve his long-time clients and acts as Co-Chief Investment Officer with special emphasis in macro-economic research.  

David has been employed in the securities industry since 1979 when he joined Dean Witter Reynolds, now Morgan Stanley. He rose to the position of Senior Vice President in 1983. In 1985 he was the youngest member to be elected to Dean Witter’s elite Chairman’s Council. David and his team joined Smith Barney in 1990 and were instrumental in establishing the Portfolio Advisory Program. Fulfilling the positions of Senior Vice President, Senior Portfolio Manager and Director, David also served on the Smith Barney Directors Advisory Group, gaining valuable experience in merger integration and client service enhancement.  

In 2022, David released his highly anticipated book, Bubble 3.0:  Who blew it and how to protect yourself when it blows apart. The book explores why he believes the financial markets are headed toward a third iteration of past market rotations. Accordingly, he believes there are a number of investment areas/asset classes poised to benefit from what he has begun referring to as “The New World Disorder”.  

David currently spends the winter months in Indian Wells, Ca., with his wife, Mindy, and two dogs, Nova and Roscoe.  In early June, they will be moving into their new home in Liberty Lake, Wash.

David Hay Interviews - 

Haymaker as Host interview: https://www.youtube.com/watch?v=EnDy6SGoG00

MicroNuclear explanatory video: https://www.youtube.com/watch?v=Fb2Op0mWlUw

David Hay - 

Twitter - https://twitter.com/Haymaker_0
Website - https://evergreengavekal.com/
Substack - https://haymaker.substack.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 - 15th of December, 2023

On this episode of the WTFinance podcast I had the pleasure of welcoming back Grant Williams for a third time!.

During our conversation we spoke about what Grant is seeing in markets, whether the FED are hedging their bets, have they vanquished inflation, what is happening with gold, the everything bubble, politics and more. Hope you enjoy!

0:00 - Introduction
0:23 - Grants opinion on Macro?
2:32 - FED Hedging bets?
4:35 - Strong conviction until you don’t
5:42 - Investors shaped by good times 
7:50 - FED reaction time has reduced
8:40 - risk they could lose more credibility?
12:20 - Became well know after going off Gold Standard
14:55 - Inflation
16:50 - Similarities to Greenspan cutting in 1990’s?
19:20 - What is Grant seeing with Gold?
23:19 - Investors diversifying with gold?
24:30 - risk of consensus?
26:55 - How does Grant look at risk?
31:04 - All assets are going up
32:10 - Trump vs Biden in 2024?
36:26 - More controversary & polarisation around the world
38:25 - Inflation amplifying issues since 2008 
41:50 - Social unrest in the 70’s?
42:30 - How will wealth be diverted?
45:50 - Taxing unrealised gains
48:41 - One message to takeaway from our conversation?

Grant Williams, much to his dismay, has logged over 35 years in finance. During that time, he’s lived and worked in seven major financial centres from London to Sydney, building the kind of network that many others can only dream about.

He began his career in the Japanese equity market in the mid-1980s, before a three-year posting to Tokyo ensured he had a ringside seat as the twin bubbles in equities and real estate burst simultaneously and spectacularly at the end of 1989. After a short stint back in London, Grant relocated once again, this time to New York, where he spent 7 years. Subsequent postings have taken him to Hong Kong, Sydney, Singapore, and the Cayman Islands.

Currently, he is a senior advisor to Matterhorn Asset Management AG https://goldswitzerland.com/ in Switzerland, and a portfolio and strategy advisor to Vulpes Investment Management https://www.vulpesinvest.com/ in Singapore.

Back in 2014, Grant’s ambition to bring the most intelligent, engaging, and original people in finance to a wider audience led him to co-found Real Vision https://www.realvision.com/, an on-demand internet-based financial media platform.

Grant’s twin Real Vision interview series, 'In Conversation With…' and 'On The Road' raised the bar for financial content – engaging and educating viewers in equal measure and helping them learn the secrets behind a group of extraordinary investors’ success.

Long before Real Vision, however, Grant was guiding people around the fringes of finance with his regular newsletter, Things That Make You Go Hmmm… https://www.grant-williams.com/ttmygh_newsletters/, a publication which, from humble beginnings as a daily note to a few friends and colleagues, has grown into one of the most widely-read financial publications in the world.

Grant Williams - 

Website - https://www.grant-williams.com/
Twitter - https://twitter.com/ttmygh

WTFinance -

Instagram - https://www.instagram.com/wtfinancee/
Spotify - https://open.spotify.com/show/67rpmjG92PNBW0doLyPvfn
TikTok - https://vm.tiktok.com/ZMeUjj9xV/
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 - 11th of December, 2023

On this episode of the WTFinance podcast I had the pleasure of welcoming on George Robertson -  a veteran of the Fixed Income industry with over 40 years of experience and a very unique view on the FED. 

During our conversation we spoke about why the FED does not exist, how the economy is currently handling high interest rates, the narrative is all the FED control, what this means for assets and more. I hope you enjoy!

0:00 - Introduction
2:13 - Why does the FED not exist?
21:23 - Why is the economy handling interest rate increases?
24:56 - Issues with repo market in 2019?
28:58 - The narrative is all the FED controls
36:23 - Are the media really supporting the FED?
43:23 - What is an overshoot?
50:12 - Exuberance due to dovish FED?
53:13 - Peak exuberance then 2008 like crash
57:34 - One message to takeaway from our conversation?

George has worked in Fixed income, equity, Fed, vol, options for 40 years. This included for Solomon, Mulheren, Bass FO, Cargill as Portfolio Manager & CIO.

George Robertson - 

X: https://twitter.com/BickerinBrattle
Substack: https://themonetaryfrontier.substack.com/
Video on Theory - https://t.co/7gFxd5g2Vh

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 - 8th of December, 2023

On this episode of the WTFinance podcast I had the pleasure of welcoming on Peter Grandich - Founder of Peter Grandich & Company.

During our conversation we spoke about what Peter is seeing in the market, "Don't worry, Be Happy" bias in Wall Street, current issues globally, assets which Peter believes are undervalued, BRIC's and more. I hope you enjoy!

0:00 - Introduction
1:57 - What is Peter currently seeing in markets?
8:22 - “Don’t Worry, Be Happy” bias
9:22 - What is the current pension issue?
12:07 - Pensioners having to sell down their assets when they retire?
15:12 - Timeframe on stock market fall?
17:47 - Number one growth area is Crime
20:12 - Assets which will perform well in coming years?
25:32 - What type of metals will Peter be looking at?
26:22 - Who will be what BRICs produce?
28:02 - China growth story over?
30:27 - The world is more dangerous
31:52 - One message to takeaway from our conversation?

Peter Grandich entered Wall Street in the mid-1980s with neither formal education nor training, and within three years was appointed Head of Investment Strategy for a leading New York Stock Exchange-member firm. He would go on to hold positions as Chief Market Strategist, Portfolio Manager for four hedge funds and a mutual fund that bore his name. His abilities have resulted in hundreds of media interviews, including Good Morning America, Fox News, CNBC, Wall Street Journal, Barron’s, Financial Post, Globe and Mail, US News & World Report, New York Times, Business Week, MarketWatch, Business News Network and dozens more. He has spoken at investment conferences around the globe, edited numerous investment newsletters and was one of the more sought-after financial commentators.

His autobiography, Confessions of a Wall Street Whiz Kid, was first published in the fall of 2011. The second edition was released in 2014, while the third edition, Confessions of a Former Wall Street Whiz Kid, was issued in October 2015. The fourth edition of the book was later released in April 2019, and the fifth edition was issued in May 2021.

The fifth edition of the book is currently available on Amazon.com, but you can also read the book for free online. Read the book online.

Grandich was the editor and publisher of The Grandich Letter from 1984 to 2014. He was also Senior Commentator for Moneytalks.net from 2013 to 2015.

In 2013, Grandich founded the Athletes & Business Alliance (ABA), a private organization of professional athletes and business executives who exchange ideas and build relationships with an emphasis on capitalizing on the talents of all involved. A symbiotic organization, ABA is a network of accomplished individuals in an environment where one can develop personal associations with a structured and supportive system of giving and receiving business. The ABA boasts a select membership of diverse senior-level executives, high net worth business owners, and both active and retired pro athletes. By invitation only, high-level corporate and business decision-makers and prominent athletes intermingle. To achieve success, businesses must utilize effective marketing tools, secure new customers to generate repeat business and provide superior customer service that engenders loyalty. The ABA provides an environment to do this and more.

Peter Grandich currently resides in New Jersey with his wife, Mary, and they have one daughter, Tara.

Peter Grandich -

Website - https://petergrandich.com/
X - https://twitter.com/PeterGrandich
YouTube -  @Peter-Grandich  
Blog - https://petergrandich.com/blog-posts/

WTFinance -

Instagram - https://www.instagram.com/wtfinancee/
Spotify - https://open.spotify.com/show/67rpmjG92PNBW0doLyPvfn
iTunes - ht

Interview Recorded - 7th of December, 2023

On this episode of the WTFinance podcast we had the pleasure of speaking with Rafi Faber - the  @endgameinvestor .

During our conversation we spoke about whether the FED have landed the plane, what is happening in repo markets, why banks aren't lending to each other, whether the FED can save the system again, why Gold is increasing and more. I hope you enjoy!

0:00 - Introduction
2:08 - Does Rafi agree with recent rhetoric that the FED have landed the plane?
4:05 - What are repo markets and why are they important?
7:30 - Banks having capital constraints?
9:53 - Realising bond losses?
12:02 - Can the FED save the world again?
14:09 - Secure overnight finance markets?
16:30 - Why is gold and precious metals increasing?
19:40 - Surprised banks are buying gold?
21:56 - Silver in a 90 year trend?
24:05 - One message to takeaway from our conversation?

Rafi Farber - 

YouTube -   @endgameinvestor  
Seeking Alpha - https://seekingalpha.com/checkout?service_id=mp_1347
Patreon - https://www.patreon.com/endgameinvestor
Twitter - https://twitter.com/RafiFarber

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