Panic with Friends – Investing for Profit and Joy
My good friend Ben Hunt is here for the fourth time on ‘Panic with Friends’. He’s my go-to macro guy that always helps dissect big issues like inflation, the UK Pension liquidity crisis which he helps with today.
Ben has been dead on with so many topics, and we’ve got a ton of topics to talk about in this episode. I wanted to talk about the FED, inflation, and what would turn him bullish. I wanted to get some pointers on the global macro and the SPAC market, to include thoughts on the $DWAC SPAC that Trumpf has led from a layup to a disaster. I wanted to talk about Robinhood and Citadel, and I want him to chime in on the Apple monopoly.
I also wanted to get Ben’s thoughts about monetary policy as it relates to the UK pension debacle. I think you’re going to get a lot out of our conversation. Enjoy!
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You can also listen right here on the blog:
For more details on today’s conversation read on below…
Guest: Ben Hunt
Profile: Co-Founder and Partner at Second Foundation Partners, Founder/Author: Epsilon Theory
Where to Find Him: LinkedIn, Twitter
What’s Ben Panicked About? I’m panicked about my conversation with Howard. I never know what he’s going to say.
Related:
Extra Special Momentum Monday- Everyone Knows The Narrative…Ben Hunt Joins Me On Panic With Friends
Impeach This! and My Latest Podcast With Ben Hunt
Show Notes:
- Introduction (00:40)
- Welcome Ben (06:40)
- The best thing about getting older (10:17)
- Turning a layup into a loss (12:40)
- Lessons from Goodfellas (14:28)
- Who’s in the PIPE? (18:49)
- Finance raccoons (20:11)
- UK pension crisis (22:53)
- Interest rates repriced globally (23:33)
- Pension funds can’t make margin calls (29:59)
- FED creates liquidity crises (31:43)
- Overexposed to 15 years of low rates (34:35)
- What the blockchain brings (35:16)
- Loosening the yoke of Amazon, Apple, Google (35:44)
- Pension fund return projections (36:55)
- Ferocious bull rally? (40:54)
- Will the FED pivot? (43:58)
- Inflation wasn’t transitory (46:11)
- Taking real world risks (50:36)
- Taking on the overlords (57:18)
- Wrapping up (1:02:12)
- Closing thoughts (1:05:58)