WTFinance

Interview recorded - 5th of January, 2023

On todays episode of the WTFinance Podcast I had the pleasure of speaking with Dave Collum, Professor of Organc Chemistry  and leading thinker on markets and the larger world around us. 

During our conversation we spoke about Dave's thoughts on the markets in 2023, why he thinks it will be the mother of all bear markets that could last 20 years, the future of inflation, investing in cash flow positive companies and whether the Ukraine conflict is more sinister than it seems. I hope you enjoy!

0:00 - Introduction
1:46 - How was Dave’s year?
3:00 - “There are times to go long, short or fishing”. Is David going fishing?
4:30 - Mother of all bear markets?
9:20 - Could the US market go the same as Japan in the 90’s?
10:20 - Will we see inflation or deflation?
14:30 - Investing in cash flow positive companies?
24:20 - Any other stories Dave is watching?
26:30 - US political laundering through FTX?
32:00 - Politicians getting away with everything
33:40 - Not everything in Ukraine is as it seems?
45:30 - One message to take away and advice for the year?

David Collum received a BS in biology from Cornell in 1977 and an MA, MS, and PhD in chemistry from Columbia University in 1980. Dave currently is the Betty R. Miller Professor of Chemistry at Cornell University. While at Cornell Dave has served as Director of Undergraduate Studies, Director of Graduate Studies, associate chairman, and chairman while running a research program in organic chemistry for forty years, which include collaborations with a host of large-cap pharmaceutical companies exemplified by Merck and Pfizer. In recent years he has become interested in the interface where politics and markets meet. He compiles an annual Year in Review, does several dozen podcasts per year, and occasionally stirs up trouble on more mainstream media sources.

Dave Collum - 

Twitter - https://twitter.com/davidbcollum?s=21&t=xvXQIRnoZm5mxXw68trHEQ
Year in Review - https://peakprosperity.com/2022-year-in-review-all-roads-lead-to-ukraine/

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 - 4th of January, 2023

On todays episode of the WTFinance Podcast I had the pleasure of speaking with Andy Schectman, President of Miles Franklin Precious Metals Investments. 

During our conversation we spoke about why banks are hoarding gold, whether the US world hegemony could end, how this could lead to Bretton Woods 3.0 with BRICS and whether LME is running out of physical commodities. I hope you enjoy!

0:00 - Introduction
0:25 - Why are Central Banks buying gold?
5:30 - What made the Dollar the world currency?
14:27 - Bretton Woods 3.0 with BRICS?
16:55 - What is a Tier 1 asset and what does it mean?
22:30 - Reinvesting Dollars into the economy
25:55 - Rare metals OPEC?
30:55 - Has the US world hegemony ended?
32:50 - How can individuals protect their wealth during this collapse?
41:10 - London Metals Exchange running out of commodities?
45:20 - One message to take away from our interview?

Prior to starting Miles Franklin, Ltd. in 1989, Andrew became a Licensed Financial Planner, specializing in Swiss Franc Investments and alternative investments. At Miles Franklin Ltd., a company that has eclipsed $5 billion in sales, Andrew has developed an operation that maintains trust, collaboration, and ethical behavior, superior customer service and satisfaction to better serve their clients. He is responsible for overseeing the firm’s operations and business functions; including strategy and planning, account management, finance, and new business.

Andy Schectman 

Website - https://www.milesfranklin.com/
Twitter - https://twitter.com/milesfranklinco
LinkedIn - https://www.linkedin.com/in/andy-schectman-0895854/

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 - 28/12/2022

On todays episode of the WTFinance podcast I had the pleasure of speaking with Francis Hunt  @TheMarketSniper1 - Trader, Technical Analyst, Teacher and originator of the Hunt Volatility Funnel Method.

During our conversation we spoke about whether the monetary system will collapse, whether we could experience disinflation, the upheaval of the financial system and Francis' approach to investing during such a period. I hope you enjoy!

0:00 - Introduction
0:20 - Key macro themes Francis is paying attention to?
14:25 - Do central bankers get too much credit for inflation?
21:50 - Could we experience disinflation?
30:15 - Is there a way that central bankers can turn the current scenario around?
35:50 - Upheaval of the financial system
39:50 - Opportunity within the chaos
44:40 - Francis’ approach to investing in this period
49:10 - Precious metals
50:20 - One message to take away from our conversation?

Francis Hunt, as the originator of the Hunt Volatility Funnel trading methodology, describes himself as a Trader, Technical Analyst and Teacher, is known from his YouTube channel as TheCryptoSniper. He is also the Founder of The Market Sniper.

Stemming from his over 30 years of experience and deep immersion in trading and technical analysis of various markets, this unique approach to trading is the culmination of everything he found to have been valuable and profitable on a consistent, reliable basis, distilled into a single all-encompassing trading system that can easily be learned and internalized by others.

Francis Hunt made his first investments in 1987 pre-crash and bought his first option in 1991 and has been trading equities and other assets since. He is a technical trader who believes all information related to an asset is reflected in its price and therefore reveal the true market sentiment of that asset.

In addition to being a highly successful trader and technical analyst, Francis also enjoys teaching his trading methodology to others. He built a community of like-minded traders around him that supports him and each other with trade ideas and positive reinforcement in an otherwise lonely and harsh environment.

Francis Hunt -

YouTube -  @TheMarketSniper1  
Website - https://themarketsniper.com/
Twitter - https://twitter.com/themarketsniper

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

Thumbnail Image from - https://marketrealist.com/2020/06/will-us-stock-markets-crash-imf-rogers-weigh/

Interview recorded - 22nd of December, 2022

On todays episode of the WTFinance podcast I had the pleasure of speaking with Alexander Campbell,  Founder of http://rose.ai/ and Former Global Macro Investor at Bridgewater and Lehman's.

During our conversation we spoke about whether China will become the next Japan, key indicators Alex is watching, how this will impact China's economy and assets to watch at the moment. I hope you enjoy!

0:00 - Introduction
0:22 - What drew you to analysing China?
2:27 - Will China become the next Japan?
5:11 - Is China’s data trustworthy?
8:32 - Key indicators Alex is watching in China?
10:58 - USD have big impact on Chinese currency
13:30 - Strength vs depreciation
14:48 - Is conflict the only way out for China?
18:27 - Inflation post war
19:12 - Money supply China vs USA
20:14 - Expansion of RMB international money supply
22:00 - Zero Covid Policy and Property Market stability
25:04 - Western economy over the next 24 months 
27:17 - Chinese opening up increase inflation?
29:01 - Assets to watch at the moment
31:48 - How would this effect asset allocation?
34:12 - PE a crowded trade?
35:00 - One message to take away from our interview?

Alexander Campbell is the Founder and CEO of Rose.ai, a cloud native data platform provider. Rose's highly scalable, Cloud Data Platform helps customers break down data silos and enhance data governance while leveraging the scalability, elasticity, and performance of the public cloud. Previously, Alex was a Senior Investment Associate at Bridgewater Associates, working in the Research Department where he developed new investment systems for the firm based on an understanding of the macroeconomy and the global financial system

Prior to joining Bridgewater, Alex was a proprietary trader in the Equity and Macro Proprietary Group at Lehman Brothers. While at Lehman, he identified investments, developed financial models, and researched economic trends in order to invest the firm’s capital in various long/short, equity derivatives, and convertible bond strategies. Alex was promoted to portfolio manager in early 2008, after five months on the job.

Alex earned an undergraduate degree in economics from McGill University and an MPhil in economics from the University of Oxford.  He also has an MBA from the Stanford Graduate School of Business.

While in college, Alex debated competitively, he has served as the Director of Coaching at the Oxford Union, and helped develop debate curriculum for QatarDebate: the Gulf’s first and largest non-profit debate education NGO. He has led debate workshops influencing over 1,500 students in Qatar, Sri Lanka, Hong Kong, the Philippines.

Alex Campbell - 

Twitter - https://twitter.com/abcampbell
Substack - https://campbellramble.substack.com/
LinkedIn - https://www.linkedin.com/in/alexanderbcampbell/
Website - https://rose.ai/

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, 2022

On todays episode of the WTFinance podcast I had the pleasure of speaking with Mario Innecco, Financial markets and macroeconomics analyst.

During the conversation we spoke about the potential for a currency crisis, what catalysts to be aware of, whether a FED pivot would change the outcome and how you can protect your wealth from this crisis. I hope you enjoy!

0:00 - Introduction
0:21 - Overview of Mario’s thoughts about what is happening?
5:30 - Currency crisis?
7:58 - Catalyst that will cause the currency crisis?
11:00 - Refinancing debt
12:36 - Could the FED pivot?
15:00 - Bretton Woods 2.0 or CBDC?
18:00 - Median voter
19:10 - Will real assets protect wealth during crisis?
21:04 - One message to takeaway from our interview?
22:36 - Thoughts on Crypto protecting wealth during currency crisis

Mario has been running his YouTube channel maneco64 since November 2015.

His background is in financial markets and economics. He worked for over twenty years in the City of London and specialised in the exchange-traded derivatives market.​

Mario dealt for major financial institutions and corporate entities advising clients on the government bond market, interest rates, financial markets in general and the economy. ​He has also been an ardent student of the Austrian School of Economics.
​
Through his videos and also articles here on his blog he endeavours to inform the public about how the financial markets and our current fiat monetary system functions.

Mario Innecco -

YouTube -  @maneco64  
Twitter - https://twitter.com/maneco1964
LinkedIn - https://www.linkedin.com/in/mario-innecco-a329416b/?originalSubdomain=uk
Website - https://www.maneco64.net/

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 - 13/12/2022

On todays episode of the WTFinance podcast I had the pleasure of speaking with Jay Martin, Host of The Jay Martin Show & President of Cambridge House International.

During our conversation we spoke about Jay's investment approach, the current macroeconomic puzzle, investing in commodities and more! I hope you enjoy.

0:00 - Introduction
0:20 - What influenced Jay to go on this journey?
4:20 - Figuring out this puzzle
6:00 - What type of investor is Jay?
8:14 - Time horizon for investments?
9:35 - Major macroeconomic trends Jay is watching?
14:40 - Barbell approach
17:00 - How is Jay investing around energy challenge in Europe?
21:35 - What geographies has Jay invested in?
25:06 - Investing in gold for protection from Central Banks?
28:40 - Gold has done well in other currencies
31:18 - One message to take away from our conversation?

Jay Martin is the Host of the Jay Martin Show and CEO of Cambridge House.

His conference business gives him a unique access to thought leaders from all over the world. He shares the investment lessons he receives in his newsletter, videos and podcast.

His content is inspired by two goals:

1. Retain financial sovereignty by spotting and investing in early stage, asymmetric opportunities.

2. Question the common narrative and think with ruthless independence.

His newsletter shares lessons, advice and anecdotes from the personalities he encounters on my stage.

Jay Martin - 

Website - https://cambridgehouse.com/
YouTube - https://www.youtube.com/@UC9T_qxz0g7FKhj6sXz2LKyQ 
Twitter - https://twitter.com/JayMartinBC
LinkedIn - https://www.linkedin.com/in/jay-martin-66257a37/

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 - 08/12/2022

On todays episode of the WTFinance podcast I had the pleasure of speaking with Marko Papic, Partner & Chief Strategist at Clocktower Group, as well as author of the book “Geopolitical Alpha: An Investment Framework for Predicting the Future”.

During our conversation we spoke about the greatest misconceptions individuals have about Geopolitics, the importance of the median voter, whether China’s bearishness has gone too far and keeping emotions outside of investing. I hope you enjoy!

0:00 - Introduction
0:25 - Greatest misconceptions individuals have about Geopolitics?
3:25 - Why is the median voter important and what influence do they have?
6:10 - Do central banks also have constraints based on Median Voter?
10:00 - Differences between preferences and constraints?
13:31 - Any other broader constraints not getting enough attention?
17:00 - China aggression overstated?
20:25 - How would you use framework to take a position?
23:40 - Multiple variables impacting certain position
24:40 - Has China bearishness gone too far?
28:40 - Should you overcomplicate the trade?
31:50 - Most of the capital comes from the US and China
33:05 - One message to takeaway from our conversation?
34:55 - Keeping emotions outside of investing

Marko Papic is a partner and chief strategist at Clocktower Group, an alternative investment asset management firm. He leads the firm’s Strategy Team, providing bespoke research to clients and partners on geopolitics, macroeconomics, and markets. Previously, Mr. Papic founded BCA Research’s Geopolitical Strategy practice, the financial industry’s first dedicated political analysis investment strategy, which generated “geopolitical alpha” by identifying gaps between the market’s political expectations and the firm’s forecasts. He served as a senior vice president and the chief geopolitical strategist at the firm. Mr. Papic began his career as a senior analyst at Stratfor, a global intelligence agency where he contributed to the firm’s global geopolitical strategy and its analyst recruitment and training program. In his academic work, he helped create the Center for European Union Studies at the University of Texas at Austin. Mr. Papic is the author of Geopolitical Alpha: An Investment Framework for Predicting the Future, a book that introduces the constraint-based framework to investors. He earned an MA in political science from the University of Texas at Austin and an MA from the University of British Columbia

Marko Papic - 

Book - https://amzn.to/3uEDPV0
Twitter - https://twitter.com/Geo_papic
LinkedIn - https://www.linkedin.com/in/marko-papic-geopolitics/
China Research - https://twitter.com/ShanghaiMacro

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

Podcast recorded - 06/12/2022

On todays episode of the WTFinance podcast I had the pleasure of speaking with Michael Howell, Founder & Managing Director of CrossBorder Capital.  

During our conversation we spoke about what liquidity is, how it is a precursor to negative economic & market actions, the key drivers of liquidity and what would happen if central banks remained hawkish. I hope you enjoy!

0:00 - Introduction
0:25 - Why liquidity?
1:05 - What is liquidity and why does it change?
2:45 - Shocks/bubbles due to liquidity
3:25 - Is liquidity linked to other economic data points?
6:15 - Was there a cycle between GFC and COVID?
7:30 - Understanding what impact liquidity will have on markets
12:40 - Any other countries Michael is analysing?
15:03 - Inflections in the next few months?
16:30 - Any other indicators to watch to analyse liquidity?
18:55 - What would happen if central banks continue to tighten?
25:45 - Going the way of Japan?
30:33 - One message to take away from our interview?
31:50 - Assets that could protect you from financial repression?

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

Interview recorded - 2nd of December, 2022

On todays episode of the WTFinance I had the pleasure of speaking with Rafi Farber of The End Game Investor.

During our conversation we spoke about what is currently wrong with our monetary system, how central banks are stealing from you, what the collapse would look like and what will protect your wealth. I hope you enjoy!

0:00 - Introduction
0:24 - What is currently wrong with our monetary system?
3:40 - the theft is interest repayments on money?
4:48 - Counterparty risk with non government currency?
5:30 - How exactly will the central bank fail?
7:45 - When will the collapse of our system happen?
9:30 - Credit Suisse and Deutsche Bank insolvent?
11:10 - Why is now the time? (not 2008, 2018 and 2020)
13:00 - Is Bretton Wood 2.0 the next step?
16:50 - Does this risk economic growth?
18:05 - Gold/Silver ratio?
20:50 - How has Rafi positioned his portfolio?

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

Interview Date - 28/11/2022

During todays podcast I had the pleasure of speaking to Matthew Piepenburg, Commercial Director at Matterhorn Asset Management and co-founder of SignalsMatter.com, has extensive experience in alternative investments, law, and finance, with particular expertise in managed futures, credit and equity investing

During our conversation we talked about why the monetary system will collapse, what the catalyst for the crash would be, potential for CBDC/Bretton Wood 2.0 & how to protect your wealth during this period. I hope you enjoy!

0:00 - Introduction
0:20 - Why will the monetary system collapse?
7:22 - Is there a place for QE?
12:25 - Can the FED tighten enough now?
18:10 - Could we go into deflation with a recession?
23:33 - Will the rest of the world become Japan?
27:15 - Catalyst for a crash?
31:50 - Run on banks at Credit Suisse and Deutsche Bank?
37:00 - CBDC/Bretton Wood 2.0 the next step?
42:00 - Protecting your wealth during this period
46:33 - The importance of valuation
51:15 - One message to take away from our interview

With over 20 years of experience as the General Counsel and, later, CIO of a highly-capitalized single family office (J.H. Johnson); as the Managing Director of a multi-billion, multi‐family office (Massey Quick & Co); and as the Managing Director to a multi-manager hedge fund specializing in managed futures, long/short credit trades and global macro dynamics), Matt has overseen the allocation of over $5 billion in investable assets over a full range of portfolios and alternative investment vehicles.

He has lead the quantitative and qualitative due diligence on hundreds of diverse hedge fund managers and strategies and has developed a unique expertise as to the best practices and diverse strategies of the world’s premier investment funds.

Matt graduated from Brown University, with highest honors (Magna Cum Laude, Phi Beta Kappa). He holds a Master’s degree and Juris Doctor from Harvard University and the University of Michigan respectively. Fluent in French and German, (having also worked at Dresdner Bank, Frankfurt) he is the author of numerous international white papers on macro conditions, asset classes and global risk management strategies.

Following his engagements with family offices, Matt became involved in structuring an launching hedge funds working closely with Morgan Stanley in selecting, allocating, and sizing the diverse, top-quartile portfolio managers which comprise a zero-beta multi-manager fund. With over two decades of experience investing in alternative investment vehicles, including selection of the managers within the aforementioned fund, Matt contributes a deep understanding of the strategies employed by carefully vetted managers and has an equally extensive grasp of constructing uncorrelated, multi-product/security portfolios around market themes with an omnipresent focus on market analysis and risk management.

Matt’s collective expertise has forged a strong understanding of macro forces and their essential role in selecting the most efficient and timely strategies for long term asset preservation and growth in current conditions and those to come. His widely acclaimed and user-friendly blogs, straight-talk and conservative/defensive approach to investing are invaluable components of the Signals Matter community.

Matthew Piepenburg - 

LinkedIn - https://www.linkedin.com/in/matthewpiepenburg/
Books - https://amzn.to/3Ujf9M6
Signals Matter - https://www.signalsmatter.com/matthew-piepenburg/
Gold Switzerland - https://goldswitzerland.com/author/matthew-piepenburg/

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://twi