Podcast appearances and mentions of bob elliott

Welcome to the Bob Elliott show where we will educate and have fun regarding various Tucson, Southern Arizona, State of Arizona, and national events. We will not be about politics or religion. We will emphasize leaders in our community and what they do, why they do it and how they do it.People Make the Job; the Job does not make the person.There are a lot of organizations in town, great organizations, that provide services for our community. Who are they? What do they do? Are they eligible to receive an Arizona state tax credit?That is who we are, and that is what we will do, on a weekly basis.Show Guest: Larry Starks-President CEO Juneteenth CommitteeGuest background:Please welcome to the show Larry StarksOral histories. It is an opportunity for people to give their story in their words without it being edited. I would like to start today with where you were born. Tell us about your upbringing. Any siblings? Your parents, etc.

On The Bob Elliott Show, exclusively on the Live the Dream Media Network, we are joined by author Marquez Price. He sits down with us to share his compelling personal journey through the world of basketball and discuss the inspiration behind his new book. Tune in for an hour of powerful storytelling, athletic resilience, and an in-depth look at his inspiring career.

People make the job; the job does not make the person. Please welcome to the Bird's Nest: Father John Paul Forte of the U of A Newman Center

Welcome to the Bob Elliott show where we will educate and have fun regarding various Tucson, Southern Arizona, State of Arizona, and national events. We will not be about politics or religion. We will emphasize leaders in our community and what they do, why they do it and how they do it.  People Make the Job; the Job does not make the person. There are a lot of organizations in town, great organizations, that provide services for our community. Who are they? What do they do? Are they eligible to receive an Arizona state tax credit? That is who we are, and that is what we will do, on a weekly basis. Show Guest: Vanecia Kerr-President CEO United Way of Southern Arizona  Guest background:  Please welcome to the show Vanecia Kerr.    Oral histories. It is an opportunity for people to give their story in their words without it being edited. I would like to start today with where you were born. Tell us about your upbringing. Any siblings? Your parents, etc.   Accomplishments-see Chat GPT sheet     Rest of show-conversation with guest.Filler-Current events-last week, this week, next week. End of the show. Vanecia thanks so much for being our guest and joining me on the show.    Join us on Friday 9am, May 15th, for the next Bob Elliott show. Our guest will be Father John Paul Forte of the UA Newman Center, celebrating their 100th year. Positive well-wishes to everyone and stay safe!

In this episode, we sit down with Lee Easter III to dive deep into the incredible, often overlooked history of the Buffalo Soldiers. We also shine a spotlight on the African American Museum at the University of Arizona in Tucson, which serves as a vital cultural hub preserving these powerful stories.

Markets gear up for a wave of major earnings this week as trillions in market cap prepare to report. John Belton of Gabelli Funds previews the stakes for markets as earnings season ramps up. Anastasia Amoroso of Partners Group and Bob Elliott of Unlimited debate the outlook for markets, earnings, the Fed and policy risks. Healthcare moves into focus as Angelica Peebles reports on a potential new frontier in heart attack treatment while Goldman's Asad Haider looks ahead to pharma earnings like Lilly and Merck and what investors should expect. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Welcome to the Bob Elliott show where we will educate and have fun regarding various Tucson, Southern Arizona, State of Arizona, and national events. We will not be about politics or religion. We will emphasize leaders in our community and what they do, why they do it and how they do it.  There are a lot of organizations in town, great organizations, that provide services for our community. Who are they? What do they do? Are they eligible to receive an Arizona state tax credit? That is who we are, and that is what we will do, on a weekly basis. Show Guest: Kristen Garcia Hernandez Guest background: President/CEO of the Girl Scouts of Southern Arizona. Please welcome to the Bird's Nest Kristen Garcia Hernandez. Oral histories. It is an opportunity for people to give their story in their words without it being edited. I would like to start today with where you were born. Tell us about your upbringing. Any siblings? Your parents, etc.   Accomplishments Follow up on the cookie sales. Kristen is the 1st Latina to be CEO. Native Tucsonan. Eller Graduate.90th year for the Girl Scouts. Been with Girl Scouts for over 10 years.

Experience the grit, the glory, and the roar of the crowd as we go back to the Indy Final Four. In this special episode, The Bob Elliott Show brings you an exclusive recap of the University of Arizona's legendary run.We're breaking down the pivotal plays and the heart-stopping moments that defined the Wildcats' journey in Indianapolis. As always, we provide the platform for the stories of our community to be told—true, unedited, and straight from the source.

This episode of Excess Returns Weekly Recap breaks down one of the most complex market environments in recent memory, from the global oil shock and its economic ripple effects to base rates, AI-driven productivity, and private credit risks. Jack Forehand and Matt Zeigler synthesize insights from Bob Elliott, Chris Mayer, Robert, and Larry Swedroe to help investors understand what matters, what's being mispriced, and where conviction should (and shouldn't) exist.Topics covered:How oil supply shocks translate into inflation and reduced consumer spendingWhy oil demand is inelastic and creates mechanical economic slowdownsThe difference between consumer surplus and true productivity gains from AIWhy better tools don't necessarily translate into higher earningsUnderstanding base rates and when it makes sense to bet against themHow extreme outliers drive market returns and portfolio constructionSurvivorship bias vs studying exceptional businesses the right wayPrivate credit risks, liquidity mechanisms, and media-driven narrativesWhy redemption fears in private credit may be overstatedThe importance of intellectual humility in macro investingWhy investors often have no edge in geopolitical forecastingIdentifying cross-asset mispricings instead of predicting outcomesHow AI may increase competition but not necessarily create more winnersThe persistence of winner-take-all dynamics across technological shiftsHow to think about conviction, uncertainty, and portfolio positioning in volatile environmentsTimestamps:00:00 Oil shock impact on consumer spending and inflation mechanics00:01:06 Why this market environment is unusually confusing for investors00:02:22 How oil supply shocks translate into price spikes and inflation00:05:20 The real-world impact of higher energy costs on household spending00:10:00 Base rates vs extreme outcomes in investing00:11:39 Survivorship bias and what investors misunderstand about outliers00:18:03 Private credit redemption risks and liquidity dynamics explained00:23:00 Media narratives vs actual cash flows in private credit funds00:27:11 AI productivity vs consumer surplus and why it matters00:30:26 Why better tools don't always lead to higher earnings00:33:37 How to use base rates alongside conviction in investing decisions00:38:58 Why investors have no edge in predicting geopolitical outcomes00:41:00 Cross-asset signals and what markets may be mispricing00:45:12 How AI could reshape competition but not change winner dynamics00:47:57 When base rates break and how technological shifts reset expectations

In this episode of The Wrap, Chris Whalen says stagflation is now the base case — the Iran war has already cost American investors trillions in reduced investment value, Treasury auctions are weak, and mortgage rates are heading toward 7% if the 10-year hits 5%. Despite all of this, he still calls for a Fed cut in April, arguing the inflation is caused by war not monetary policy, and the Fed's real mandate is employment. He says we're heading toward a medium to long-term reset in risk premia, equities are out and debt is in, and that a recession by 2028 — "misery on the eights" — is becoming a near certainty. He's adding to gold and silver on the dip and if Annaly goes down he's buying more.Thank you to our partners at Goldco. Get your free 2026 Gold & Silver Kit at https://goldco.com/thewrapLinks:    The Institutional Risk Analyst: https://www.theinstitutionalriskanalyst.com/  The Wrap: https://www.theinstitutionalriskanalyst.com/post/theira826Inflated book (2nd edition): https://www.barnesandnoble.com/w/inflated-r-christopher-whalen/1146303673Twitter/X: https://twitter.com/rcwhalen    Website: https://www.rcwhalen.com/   Use the code TheWrap2026 for 25% off your first year of The Institutional Risk Analyst https://www.theinstitutionalriskanalyst.com/plans-pricingTimestamps:0:00 - Intro and welcome Chris 0:47 - The Iran war and long-term damage to the global economy 2:18 - Are we headed toward more inflation? 2:41 - The term structure of interest rates is blowing out — here's why4:02 - Making the case for a Fed cut despite $100 oil 4:26 - Stagflation is ahead5:30 - The Fed's real mandate is employment — that's what forces the cut6:40 - Whalen calls for a rate cut in April 7:51 - What difference would a cut actually make? 8:19 - Bonds are behaving like equities 9:08 - The $5.12 trillion cost of the Iran war to American investors 11:11 - Where Whalen is putting his own money right now 13:03 - Why the market has stayed resilient despite all the headlines 13:53 - Private credit - Is Apollo facing a Lehman moment? 18:53 - Weak Treasury auctions — what that means for mortgage rates20:06 - People don't want to understand what the war is doing to the economy 21:03 - This year is the opposite of last year — no easy trades 21:58 - Bob Elliott's world where long rates are closer to 4% than 2% — is that the new normal? 23:11 - If the 10-year hits 5% has the bond market lost trust in the Fed?24:16 - Gold at $4,500 today — volatile but Whalen is staying long 25:26 - Viewer question: crypto-backed mortgages with Fannie and Freddie? 27:20 - Is recession now a near certainty?28:07 - Viewer Mail: What are the downside risks to Annaly? 30:00 - Viewer Mail: Should you invest in Canadian banks? 31:49 - What Whalen is watching next week

Join us for The Bob Elliott Show, a weekly exploration of the people and organizations shaping Tucson, Southern Arizona, and beyond. We bypass politics and religion to focus on the "how" and "why" behind local leadership, highlighting the individuals who define their roles through service and character.This Week's Feature: Oral HistoriesWe are honored to welcome Ken Alexander, author of The Successful Man.In this segment, we delve into the power of the unedited narrative. Ken joins us to share his personal journey—from his upbringing and family roots to the milestones that defined his career. It is a rare, firsthand look at the life experiences that build a legacy.Community Spotlight: Tax Credits & Local ServicesSouthern Arizona is home to incredible organizations providing vital services. We bridge the gap between these groups and the community, discussing their missions and how your support may qualify for Arizona State Tax Credits.Coming Up NextTune in Friday, April 3rd at 9:00 AM for our conversation with Vanecia Kerr, CEO of United Way of Southern Arizona.Stay safe and stay inspired.

This episode of Excess Returns features Bob Elliott discussing the growing fragility in the global economy as an oil shock collides with a shift from an income-driven to a savings-driven system.The conversation explores why markets may be mispricing the economic impact of higher oil prices, how inflation and growth dynamics could unfold, and what this means for investors navigating an increasingly volatile macro environment.Bob also breaks down how to think about global macro investing today, including why traditional portfolios may be poorly positioned for a wider range of outcomes, how macro managers are adapting to shifting conditions, and how AI-driven productivity gains could impact economic growth, labor, and markets.Bob Elliott on Twitterhttps://twitter.com/BobEUnlimitedUnlimited Funds websitehttps://www.unlimitedfunds.comTopics coveredThe shift from an income-driven economy to a savings-driven economy and why it creates fragilityWhy an oil shock acts as both an inflation driver and a tax on real consumer spendingHow higher gas prices mechanically reduce discretionary spending and economic growthWhy markets may be underpricing the economic impact of the current oil shockThe link between oil prices, inflation expectations, and real demand destructionHow global markets respond to shocks through deleveraging and volatility spikesWhy gold and other winning trades can fall during risk-off environmentsThe sequencing of inflation first and growth slowdown later in shock-driven cyclesHow central banks are likely to respond to a stagflationary shockLessons from 2022 and 2008 for understanding today's macro environmentWhy stocks and bonds may both be mispriced in the current regimeThe difference between consumer surplus and true productivity gains from AIWhy AI-driven job losses and economic growth cannot coexist without major dissavingThe most likely path for AI as a productivity enhancer rather than a job destroyerHow to think about measuring productivity in a technology-driven economyThe role of second- and third-order effects in macro investingHow global macro strategies identify mispricings across asset classesThe concept of using the “wisdom of the crowd” from hedge fund positioningWhy macro strategies can perform in both rising and falling marketsHow macro fits into a portfolio as a diversifier versus long-only assetsWhy the future investment environment may require broader strategy diversificationTimestamps00:00 Oil shock meets a savings-driven economy01:00 Framing the macro environment: oil, inflation, and growth02:12 What a savings-driven economy means for market fragility04:46 Why household income vs spending divergence matters07:00 First principles of an oil shock and demand inelasticity08:00 How oil price spikes flow through to inflation13:00 Global market reactions and emerging market dynamics14:00 Deleveraging and volatility driving asset price reversals15:44 Why gold declines during macro stress events17:17 Institutional positioning and ETF flows in gold17:34 Inflation first, growth slowdown later: sequencing the impact19:24 Is the economic damage already done22:00 How macro investors operate in low-conviction environments29:19 What the Fed should do versus what it will do31:00 Comparing today's environment to 2022 inflation dynamics33:00 Why markets are pricing in almost nothing34:00 AI and the link between labor, income, and spending37:11 Productivity vs consumer surplus in AI adoption40:00 Why better tools don't necessarily mean higher productivitys46:00 How global macro strategies are constructed48:00 Using hedge fund positioning as a signal56:00 Why the opportunity set for macro may be expanding

Who are the people shaping Tucson and Southern Arizona? Bob Elliott welcomes Nicole Sevinsky from the Special Olympics to share her personal story and the mission behind this vital organization. This episode offers a unique look at local leadership through an unedited oral history, focusing on the "how" and "why" of community service without the noise of politics or religion. Stick around until the end for a preview of our next show on March 27th with University of Arizona Head Football Coach, Brent Brennan.

While The Breakdown is between seasons, we're sharing a recent episode of Forward Guidance. Felix is joined by Bob Elliott to break down how oil shocks impact inflation, growth, and central bank policy—and why markets may be underestimating the risks. As always, remember this podcast is for informational purposes only, and any views expressed by anyone on the show are solely their opinions, not financial advice. – Forward Guidance: https://www.youtube.com/@ForwardGuidanceBW Follow Bob: https://x.com/BobEUnlimited Follow Felix: https://x.com/fejau_inc Follow David: https://x.com/dcanellis — Nexo is the premier digital wealth platform. Receive interest on your crypto, borrow against it without selling, and trade a range of assets. Now available in the U.S with 30 days of exclusive privileges. Get started at http://nexo.com/breakdown Get top market insights and the latest in crypto news. Subscribe to Blockworks Daily Newsletter: https://blockworks.co/newsletter/ —-- Timestamps: (00:00) Introduction (02:57) Oil Shock Challenges & Today vs 2022 (10:38) Nexo Ad (11:13) Oil Shock Challenges & Today vs 2022 (Con't) (16:12) The Energy Shock Impact on Households (20:14) How Will Central Banks & Bonds React? (30:40) Nexo Ad (31:37) Oil Shock Sequence of Events (33:26) Iran War's Asymmetric Regional Impact (39:57) What Happens to Gold? (43:02) Understanding a Wartime Economy (47:34) Final Thoughts - - Disclaimer: Nothing said on The Breakdown is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Host and guests may hold positions in the companies, funds, or projects discussed.

In this episode, we explore how a sudden oil shock and geopolitical conflict can quickly rewrite the global macro outlook, forcing markets and policymakers into a difficult balancing act between inflation and growth. We sit down with Bob Elliott of Unlimited Funds to unpack how the Iran-driven oil shock fits into today's fragile, savings-driven economy. We discuss oil shocks past and present, policy sequencing, bond market reactions, global currency impacts, and why markets may be underestimating the second-order effects of rising energy prices. Enjoy! TIMESTAMPS: 00:00 Intro 02:30 Oil Shock Challenges & Today vs 2022 10:13 Contrasting the 2008 & 1970s Oil Shocks 15:15 The Energy Shock Impact on Households 19:16 How Will Central Banks & Bonds React? 29:50 Ads (Arkham) 30:38 Oil Shock Sequence of Events 32:28 Iran War's Asymmetric Regional Impact 39:00 What Happens to Gold? 42:02 Understanding a Wartime Economy 46:36 Final Thoughts FOLLOW GUEST › X/Twitter – https://x.com/BobEUnlimited FOLLOW THE SHOW › Felix – https://x.com/fejau_inc › Forward Guidance – https://x.com/ForwardGuidance › Telegram – https://t.me/+CAoZQpC-i6BjYTEx › Blockworks – https://x.com/Blockworks EVENTS › Join us at. Digital AssetSummit 2026 in NYC (March 24–26) › Use code FORWARD200 for $200 off https://blockworks.co/event/digital-asset-summit-nyc-2026 SPONSORS › ARKHAM Arkham is a crypto exchange and blockchain analytics platform that lets traders see inside the wallets of top traders, funds, and influential players in crypto — and act on that information. Sign up: https://auth.arkm.com/register?ref=blockworks Eligibility varies by jurisdiction. Users residing in certain jurisdictions may be excluded from onboarding. DISCLAIMER Nothing said on Forward Guidance is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only. Any views expressed are opinions, not financial advice. Hosts and guests may hold positions in the companies, funds, or projects discussed.

For a guy whose sitcom was called "Get a Life", we think that Chris Elliott has done pretty darn well. The son of legendary comedian Bob Elliott (of Bob and Ray fame), Chris has carved out his own niche playing slightly surreal and snarky characters. Beginning on Late Night with David Letterman, Chris was the focus of many recurring gags including him being a guy who lives under the theater seats. But he was above ground in the Fox sitcom Get A Life, playing an oblivious man-child who lives above his parents' garage. With movie roles including Cabin Boy and Groundhog Day plus recurring tv gigs including Everybody Loves Raymond and Schitt's Creek, Chris is staying plenty busy flying the Elliott comedy flag. And, oh yes, for those scoring at home Abby Elliott of the hit show The Bear is his daughter. Not bad for a guy who most of us first discovered living under David Letterman's seats. As always find extra clips below and thanks for sharing our shows! Want more Chris Elliott? Cabin Boy saw Chris make the leap to the big screen, though the movie didn't score with critics or mainstream moviegoers. It still retains a cult audience thanks to weird scenes like this. https://youtu.be/UFcc1rf4NiU?si=lnHjVvV6l-fpJpm7 Chris was a regular on Late Night with David Letterman playing many oddball roles. Here is where they introduce Dave to the "guy under the seats." https://youtu.be/VB7h8D8fZPc?si=rF-nMPFm5RbTCsQS Chris starred in Get A Life, an edgy comedy in which he played an oblivious man-child who lives about his parents' garage. And for bonus points, his TV dad is played by his real dad, comedy legend Bob Elliott. https://youtu.be/IQv_Ol5QxEg?si=bw6WjyxeYT15g1HK Chris Elliott's latest triumph is a spin as Roland Schitt, mayor of Schitt's Creek and foil to Eugene Levy's Johnny Rose. Here's a fun clip of Chris in "inaction". https://youtu.be/AWzRgDPDC6M?si=wCjf5jvdC9NW8Gq4  

Please welcome to the Bird's Nest: Dr. Tonya Strozier, visionary founder and CEO of Ubuntu STREAM Academy for Girls, an innovative school serving grades 5-8.

It's time for some classic deadpan radio comedy served extra dry. Today we're bringing you two original Bob and Ray Show recordings from August 1951, played straight off vintage AFRS transcription discs. And if you've never heard Bob Elliott and Ray Goulding in their early days, this is the perfect intro. You'll hear sketches like an “ad” for a dual-purpose swimming pool table, plus a fake Adult School of the Air lesson that explores what happens when you're just… brutally honest all the time. Familiar characters like Mary McGoon and Tex show up too, getting into surreal conversations, including one about a completely nonsensical plan for a musical swim across New York Harbor. It's sharp, weird, and quietly hilarious. Visit our website: https://goodolddaysofradio.com/ Subscribe to our Facebook Group for news, discussions, and the latest podcast: https://www.facebook.com/groups/881779245938297 Our theme music is "Why Am I So Romantic?" from Animal Crackers: https://www.amazon.com/dp/B01KHJKAKS/ref=cm_sw_em_r_mt_dp_MK8MVCY4DVBAM8ZK39WD

Markets react to a dramatic turn in the tariff debate as the Supreme Court struck down the IEEPA tariffs. Kristina Partsinevelos breaks down the market recap, while Eamon Javers and Emily Wilkins track the political response from the White House and Capitol Hill. Steve Liesman examines the broader economic implications, and Stifel's Brian Gardner analyzes what it means after key tariffs are struck down. Bob Elliott, CEO of Unlimited, and Adam Crisafulli of Vital Knowledge join to assess the market reaction, positioning shifts and whether volatility sticks. In retail, Dana Telsey breaks down sector reaction and what changing trade dynamics could mean for consumer-facing companies. Looking ahead, NVIDIA takes center stage. John Belton, Portfolio Manager at Gabelli Funds, previews what's at stake for the AI trade and the broader tech outlook. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Welcome to The Bob Elliott Show! On today's episode, we're recapping our exclusive event featuring NFL legend and Hall of Fame coach, Tony Dungy. A huge thank you to our sponsors for making this incredible day possible. We're diving into the highlights and best moments right now—only here, on the Live The Dream Media Network

Bob Elliott joins us live from LA to recap the NBA All-Star Weekend!

Please welcome to the Bird's Nest Mayor Regina Romero!Bob sits down with the Mayor of Tucson, Regina Romero, for a deep dive into her life story. While many know her as the first woman and first Latina to lead the Old Pueblo, this conversation goes beyond the City Hall headlines.

Please welcome to the Bird's Nest Adelita Grijalva.Oral histories. It is an opportunity for people to give their story in their words without it being edited. I would like to start today with where you were born. Tell us about your upbringing. Any siblings? Your parents, etc.

Welcome to the Bird's Nest for a new episode of The Bob Elliott Show, where we highlight the leaders and organizations shaping Southern Arizona. This week, Bob sits down with Lynn Davis, Project Director at the Tucson Jewish Museum & Holocaust Center. Through our signature "Oral History" segment, Lynn shares her unedited personal story, offering an inside look at her upbringing and her dedicated work within the community.Tune in to learn more about the Center's mission and how local organizations qualify for the Arizona state tax credit. We wrap up with a look at local current events and a preview of our January 30th episode with Adelita Grijalva.Join us for a conversation focused on people, service, and legacy—no politics, just the stories that matter.

Welcome to the Bird's Nest! This week, Bob sits down with a true community trailblazer: Kristin Garcia-Hernandez, the first Latina CEO of the Girl Scouts of Southern Arizona. As a native Tucsonan and UA Eller graduate, Kristin shares her "Oral History"—offering an unedited look at her upbringing and her decade-long journey leading this iconic organization.Highlights of this episode:90 Years of Impact: Celebrating nearly a century of the Girl Scouts in our community.The Big Launch: It's officially Girl Scout Cookie Drop Day!Community Leadership: We discuss the vital services the Girl Scouts provide and how you can support local organizations through the Arizona state tax credit.Join us for a conversation focused on leadership and legacy—no politics, no religion, just the stories that shape Southern Arizona.

Welcome to The Bob Elliott Show—your weekly look at the leaders, organizations, and events shaping Tucson and Southern Arizona. We skip the politics and religion to focus on the people making a tangible impact on our community: who they are, how they lead, and the organizations you should know about.In the Bird's Nest Today: Don BournToday, Bob welcomes Don Bourn, founder of Bourn Companies, one of Southern Arizona's premier real estate development firms. In this installment of our "Oral Histories" series, we go beyond the balance sheet to hear Don's story in his own words.In this episode, we explore:Roots & Foundations: Don's upbringing and the early influences that shaped his career.The Heart of Giving: Where his passion for community involvement began and how he selects the organizations he supports.Community Impact: Navigating the local organizations that provide vital services and how you can utilize Arizona state tax credits to support them.Show HighlightsThe Full Conversation: An unedited, deep-dive interview with Don Bourn.The Weekly Wrap: Bob's breakdown of the key events from last week and what's coming up next in the desert.Next Week on The Bob Elliott Show: Join us Friday, January 16th at 9:00 AM as we welcome Kristin Garcia Hernandez, President & CEO of the Girl Scouts of Southern Arizona.Stay safe, stay positive, and thank you for joining us in the Bird's Nest.

Machinery Pete (Greg Peterson) wraps up 2025 with reports on several auctions he watched, including his Pick of the Week, plus he talks about some auctions for 2026. Bob Elliott of Unlimited Funds joins us to share his perspective on financial markets, buying gold, and the effects of the capture of Venezuelan ex-President Maduro.See omnystudio.com/listener for privacy information.

Step inside the studio for a classic comedy tribute. Ever wondered how much comedy can be mined from a stack of flypaper? Or an educational owl with a very short fuse? In this episode, we're taking a deep dive into the dry, deadpan brilliance of two radio pioneers. Whether you are a longtime fan of Bob and Ray or a newcomer to their mundane madness, there's something here for you. Celebrating a Legacy: The Bob and Ray Show Clinton is celebrating the absurdist spirit of Bob Elliott and Ray Goulding, the legendary duo who turned the "boring" parts of broadcasting into a comedic art form. This episode features Clinton performing a collection of rare and classic sketches that showcase the duo's knack for professional-sounding nonsense. Between the laughs, you'll learn about their 40-year journey from a Boston radio booth to the Broadway stage. It's an essential guide to the legacy of two men who influenced everyone from David Letterman to the cast of TV's "Schitt's Creek." The show is about to begin Are you ready to join the fun? Click play to experience The Bob and Ray Show (or at least a heartfelt tribute to it) for yourself. >> The Mutual Audio Network version of The Bob and Ray Show on Spotify>> "Bob & Ray, the Two and Only" original cast recording on Spotify>> You can also support comedy4cast by becoming a patron on Patreon>> Or you can get Clinton a Dunkin' card or a cup of coffee via Ko-Fi>> Follow comedy4cast on BlueSky, Instagram, Facebook, MeWe, and Mastodon >> Give us a call via the Super Secret Phone Line (213) 290-4451>> Also check out Clinton's other podcast, The Topic is Trek>> Certain sounds effects heard on comedy4cast are courtesy of freeSFX and FreeSound.org Click here for a transcript of this episode.

Welcome to the Bird's Nest Desiree Cook. She is the founder of the non-profit I Am You 360. They provide services and permanent supportive housing for vulnerable, homeless youth.

Bob Elliott of Unlimited joins the show to break down the market backdrop as investors weigh growth, risk, and positioning, before Leslie Picker reports on what could be the biggest IPO of 2025 with Medline set to price. Databricks CEO Ali Ghodsi discusses his company's latest valuation and what it signals for private AI companies. Collapsing oil prices and unusual Venezuelan shipping activity with Bill Perkins of Skylar Capital. Julia Boorstin explains Instagram's push onto the TV screen. Eric Mandl of Guggenheim on the outlook for tech M&A and what deals could define the next phase for the sector. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Join Bob Elliott for a fun, educational look at the people and great organizations shaping Tucson and Southern Arizona! We emphasize community leaders, their work, and the impactful services they provide (including tax-credit eligibility).In this episode, we welcome Tucson Sports Legend, Fat Lever! The former Pueblo HS, ASU, and NBA All-Star shares his incredible journey and discusses the roots of his community involvement. Learn about the man behind the accolades (NBA triple-double king, retired jerseys for ASU & the Nuggets), and his passion for giving back.

Get ready for clever wordplay, deadpan humor, and hilarious absurdity with Bob & Ray, the iconic radio program that turned everyday situations into comedic gold. Hosted by the brilliant duo Bob Elliott and Ray Goulding, this long-running series delighted listeners from its debut in the 1940s, quickly becoming a staple of radio comedy. What set Bob & Ray apart was their unique blend of improvisation and subtle satire. Whether poking fun at corporate America, radio clichés, or societal norms, their humor was both timeless and razor-sharp, offering clever commentary while keeping the laughs rolling. This episode was originally broadcast December 23rd, 1950 on WHDH Boston.

In this episode, we sit down with Bob Elliott for a wide-ranging conversation about the late-cycle economic backdrop, the Fed's dilemma, AI's real economic impact, the cracks forming beneath the surface of private credit and private markets, and the growth of hedge-fund-style strategies inside ETFs. Bob walks through what he is seeing in the labor market, inflation, tariffs, and risk assets, and then breaks down how Unlimited is building replication-based ETF strategies to capture hedge fund returns at low cost.Topics covered:• The late-cycle economy and the disconnect between markets and weakening real-world data• Why labor markets look softer than headlines suggest• How tariffs are affecting inflation, growth, and consumer spending• The Fed's policy bind and why reasonable cases exist for both cutting and holding• The slowdown in household income growth and the idea of a “slow-cession”• AI spending, productivity claims, and why the economic benefits are not yet showing up• The self-referential nature of Big Tech AI spending and poor return on AI CapEx• Why real-economy companies may not see meaningful profit uplift from AI• The private credit and private equity concerns Bob sees building• Hidden risks and information asymmetry in private-market products• New hedge-fund-style ETF strategies built using replication technology• Equity long-short, global macro, and managed futures as standalone ETF exposures• Why fee reduction is the most durable source of hedge-fund alpha• How advisors are shifting from 60/40 toward 50/30/20 allocations with alternativesTimestamps:00:00 Macro conditions and weakening labor market02:00 Disconnect between markets and the real economy04:00 Working without government data during the shutdown06:00 Inflation trends and tariff impacts10:00 Fed policy, cuts, and late-cycle dynamics12:30 Income-driven vs debt-driven cycles15:00 Slow-cession and household spending power18:30 Fed uncertainty and prediction challenges21:00 Why the Fed paused quantitative tightening25:00 Liquidity, reserves, and bank system mechanics28:00 Equity markets, expectations, and AI mania31:00 AI spending, productivity doubts, and return on investment37:00 Business models, layoffs, and macro implications40:00 Private credit, private equity, and hidden risks45:00 How some private-market ETFs may disadvantage retail investors47:00 New Unlimited ETF strategies and how replication works52:00 Equity long-short, macro, and managed futures inside an ETF55:00 Late-cycle benefits of tactical positioning57:00 Future strategies and expanding the replication lineup59:00 Fee advantages and democratizing hedge-fund-style returns

Trehon Coleman joins Bob to discuss his organization, ABC, and the importance of community.

Tucson Man of the Year.Photographer extraordinaire. Photographs major Tucson Fundraisers and posts them on his well-regarded vast social media network.Please welcome to the Bird's Nest Dominic Ortega.

First, we are talking with Bob Elliott, former U of A basketball player, NBA player, and basketball commentator.Then we will be talking with Eric Erickson of Tucson Business Investments, a local business broker. He helps business owners find their worth and qualify buyers for them.

Secular AI themes, product development in the volatility ecosystem and fault lines in the economy, as well as navigating volatility in digital assets, are among the key discussion points in this edition of the All Options Considered, featuring part II of the recording of the Bloomberg Volatility Forum 2025 held in NYC on Oct. 28. It starts with the fireside chat on digital assets by Randy Little, Partner, 50T Funds, moderated by Stacy-Marie Ishmael, executive editor, Bloomberg News. That's followed by the final panel of the conference on multi-asset volatility and macro views by Jeff Blazek, Multi-Asset Co-Chief Investment Officer, Neuberger Berman, Nancy Davis, Managing Partner & Chief Investment Officer, Quadratic Capital, Bob Elliott, Co-Founder, CEO, and CIO, Unlimited Funds, and Matthew Glazier, Co-Head of Global Derivative Trading, Prudential. The panel was hosted by Tanvir Sandhu, Chief Global Derivatives Strategist at Bloomberg Intelligence.

In this 1789th episode of Toronto Mike'd, Mike chats with legendary Blue Jays reporters Bob Elliott and Dave Perkins about the 2025 Blue Jays and how they compare to the World Series champions of '92 and '93. Toronto Mike'd is proudly brought to you by Great Lakes Brewery, Palma Pasta, Ridley Funeral Home, Nick Ainis, Blue Sky Agency, Kindling and RecycleMyElectronics.ca. If you would like to support the show, we do have partner opportunities available. Please email Toronto Mike at mike@torontomike.com.

Bob Elliott, co-founder and CEO/CIO at Unlimited Funds, joins us to discuss the Federal Reserve move announced yesterday. College Roadshow is at Kansas State University and Professor Joe Parcell, director at the Center for Risk Management Education and Research, talks about K-State's ag school. And Arlan Suderman, chief commodities economist for StoneX Group, shares his perspective on the trade deals with China announced by the White House.See omnystudio.com/listener for privacy information.

On the eve of episode 1789 of Toronto Mike'd, featuring Bob Elliott and Dave Perkins, as we anxiously await game six of the World Series on Halloween night with the Toronto Blue Jays leading the Los Angeles Dodgers 3 games to 2, here's Tom Cheek and Jerry Howarth cheering us on in a delicious rap song entitled "Do It Again, Blue Jays". This appeared on The Blue Jays Album Class Of '92. Toronto Mike'd is proudly brought to you by Great Lakes Brewery, Palma Pasta, Ridley Funeral Home, Nick Ainis, Blue Sky Agency, Kindling and RecycleMyElectronics.ca. If you would like to support the show, we do have partner opportunities available. Please email Toronto Mike at mike@torontomike.com.

Interview recorded - 27th of October, 2025On this episode of the WTFinance podcast I had the pleasure of welcoming back Bob Elliott. Bob is the Co-Founder & CIO of Unlimited Funds. During our conversation we spoke about his outlook on the economy, the AI boom, why households are struggling, Stagflation, markets and more. I hope you enjoy! 0:00 - Introduction0:45 - Outlook on the economy?3:45 - AI boom6:50 - Employment10:18 - Economic data not making sense11:56 - Government shutdown15:36 - Stagflation17:17 - FED actions19:20 - US the strongest economy?20:30 - What does this mean for markets?24:40 - Bond yields26:00 - Losing control of bond market28:57 - Other assets?30:54 - One message to takeaway?Bob Elliott is the Co-Founder, CEO & CIO of Unlimited, which uses machine learning to create index replication ETFs of 2&20 style alternative investments like hedge funds, venture capital & private equity. Prior to founding Unlimited, Bob was a Senior Investment Executive at Bridgewater Associates where he served on the Investment Committee (G7) and created investment strategies across equities, fixed income, credit, exchange rates, and commodities, including many used in the flagship Pure Alpha Fund. He also built and led Ray Dalio's personal investment research team for almost a decade. He's the author of hundreds of Bridgewater's widely read Daily Observations and directly counselled some of the world's foremost policy makers and institutional investor on economic and investing issues. Bob has also served as an advisor and executive at several startups including CircleUp, an investment company focused on early-stage consumer brands. There he revamped the investment strategy for the company's $150mln venture funds leveraging big data approaches to improve decision making. He was also the co-founder of GiveWell, a startup charity evaluator which now directs more than $500mln in annual contributions. Bob holds a BA in History and Science from Harvard. Bob Elliott - Website - https://www.unlimitedfunds.com/X - https://twitter.com/bobeunlimited?s=21&t=bEWfVJjh6KcziPA0zpyEPALinkedIn - https://www.linkedin.com/in/ttoillebobWTFinance -Instagram - https://www.instagram.com/wtfinancee/Spotify - https://open.spotify.com/show/67rpmjG92PNBW0doLyPvfniTunes - https://podcasts.apple.com/us/podcast/wtfinance/id1554934665?uo=4X - https://twitter.com/AnthonyFatseas

Bond yields remain a major story, with pressure mounting on regional banks. Our Leslie Picker and Hugh Son unpack the latest turmoil and what this week's earnings reveal. Meanwhile, Steve Liesman breaks down new CNBC survey data showing gold as investors' top pick — a trend explored further with Bob Elliott of Unlimited and Carole Schleif of BMO Private Wealth as the precious metal goes mainstream. Ralph McLaughlin of OpenBrand weighs in on sticky-but-steady inflation and what his firm's data is showing about the consumer. Dan Dolev of Mizuho dissects Bitcoin's recent fall—and top picks to take advantage. Closing out, Adam Crisafulli of Vital Knowledge previews the catalysts shaping markets next week. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

In this episode of the Derivative podcast, we're hanging out with Bob Elliott, co-founder of Unlimited Funds. Bob used to work ata small shop you may have heard of…  Bridgewater, working his way from (nearly) the mail room to Ray Dalio's right hand man. And now he's doing something pretty interesting - he's figured out how to systematically replicate what hedge funds do and package it into ETFs that regular investors can actually access.We dive into Bob's journey from the hedge fund world to building financial technology, and he walks us through how his team studies and recreates these sophisticated investment strategies. Bob shares his take on what's happening in the economy right now, how he reads market dynamics, and the nuts and bolts of understanding complex investment approaches.It's a really solid conversation whether you're already into investing or just curious about how this whole world works. Bob has some thoughtful insights on how alternative investments are evolving and becoming more accessible to everyday people. SEND IT!Chapters:00:00-01:06= Intro01:07-08:08= From Botany to Bridgewater: Bob Elliott's Journey into Finance08:09-16:14=Inside Bridgewater: Radical Transparency and Market Insights16:15-24:42:=Unlimited: Reimagining Hedge Fund Strategies for Investors24-:43-40:24=Navigating Market Complexity: Strategies and Insights40:25-48:10= The Art and Science of Hedge Fund Replication48:11-57:11= Beyond the Numbers: The Human Element in Market Analysis57:12-01:06:29= Down the Rabbit hole: Commodities, Cattle, and Market CuriosityFrom the episode:Finding the Next Tom Brady for your portfolio: https://www.rcmalternatives.com/2013/09/finding-the-next-tom-brady-for-your-portfolio/The Picture from Space that shows why Commodities are non-correlated to the Stock Market:https://www.rcmalternatives.com/2013/10/the-picture-from-space-that-shows-why-commodities-are-non-correlated-to-the-stock-market/Andrew Beer podcast: https://www.rcmalternatives.com/2024/02/advanced-hedge-fund-replication-with-the-top-down-riding-diverse-etf-modeling-flows-with-dbis-andrew-beer/Follow along with Bob on X @BobEUnlimited, LinkedIn and make sure to check out Unlimited's website at unlimitedfunds.comDon't forget to subscribe to⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠The Derivative⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠, follow us on Twitter at⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠@rcmAlts⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ and our host Jeff at⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠@AttainCap2⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠, or⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠LinkedIn⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ , and⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Facebook⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠, and⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠sign-up for our blog digest⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠.Disclaimer: This podcast is provided for informational purposes only and should not be relied upon as legal, business, or tax advice. All opinions expressed by podcast participants are solely their own opinions and do not necessarily reflect the opinions of RCM Alternatives, their affiliates, or companies featured. Due to industry regulations, participants on this podcast are instructed not to make specific trade recommendations, nor reference past or potential profits. And listeners are reminded that managed futures, commodity trading, and other alternative investments are complex and carry a risk of substantial losses. As such, they are not suitable for all investors. For more information, visit⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠www.rcmalternatives.com/disclaimer⁠⁠

Subscribe to YouTube Today's guest is Bob Elliott, CEO and CIO of Unlimited, which uses machine learning to create low-cost index replications of 2&20 style alternative investments. Prior to founding Unlimited, Bob served on the Investment Committee at Bridgewater Associates and led Ray Dalio's investment research team for nearly a decade. In today's episode, Bob discusses the macroeconomic landscape — from the Federal Reserve to the impact of tariffs and the dollar's long-term overvaluation. He highlights the disconnect between weakening economic data and elevated stock valuations, noting that prices can't diverge from the real economy for long. He also emphasizes the role of asset allocation and diversification, with a focus on TIPS, bonds, and hedge fund replication strategies. (0:00) Starts (1:09) Introduction of Bob Elliott (4:13) Tariffs consequences (8:53) Dollar performance (13:09) Evaluation of asset dislocations and investment opportunities (18:55) Sentiment towards bonds (22:11) Global macro strategies (36:07) Portfolio diversification and addressing high fees (44:51) Role of illiquid assets and transparency in private investments (52:15) Bear market impacts and regulatory challenges (59:28) New product developments and liquid venture prospects ----- Follow Meb on X, LinkedIn and YouTube For detailed show notes, click here To learn more about our funds and follow us, subscribe to our mailing list or visit us at cambriainvestments.com ----- Follow The Idea Farm: X | LinkedIn | Instagram | TikTok ----- Interested in sponsoring the show? Email us at Feedback@TheMebFaberShow.com ----- Past guests include Ed Thorp, Richard Thaler, Jeremy Grantham, Joel Greenblatt, Campbell Harvey, Ivy Zelman, Kathryn Kaminski, Jason Calacanis, Whitney Baker, Aswath Damodaran, Howard Marks, Tom Barton, and many more.  ----- Meb's invested in some awesome startups that have passed along discounts to our listeners. Check them out here!  ----- Editing and post-production work for this episode was provided by The Podcast Consultant (https://thepodcastconsultant.com). Learn more about your ad choices. Visit megaphone.fm/adchoices

PCE data drives bond market reactions analyzed by Rick Santelli. Kristina Partsinevelos sets market themes while Unlimited's Bob Elliott provides weekly market perspective. Eamon Javers and Steve Liesman team up on Lisa Cook hearing coverage and Fed reaction with analysis from Global Situation Room President Brett Bruen. Mackenzie Sigalos examines AI's expanding impact up the corporate ladder, followed by an on-set conversation with Gecko Robotics CEO Jake Loosararian about data -- "AI's dirty little secret." SentinelOne CEO Tomer Weingarten discusses quarterly results and cybersecurity trends. Vital Knowledge's Adam Crisafulli rounds out the show with next week's key market catalysts.

Kristina Partsinevelos opens with the market theme before Rick Santelli breaks down bond market reaction to the latest PPI. Steve Liesman explains what drove the number. Former Fed Governor Frederic Mishkin shares insight on the economy and the Fed's next steps.Earnings focus turns to Applied Materials, while our Leslie Picker covers 13F filings. Bob Elliott of Unlimited and Kristina Hooper of Man Group weigh in on market direction, and Chris Retzler of Needham highlights a big week for small caps. Angelica Peebles reports on Eli Lilly raising Mounjaro prices in Europe in response to Trump's pressure. 

Bob Elliott joins Cem Karsan and Niels Kaastrup-Larsen for a conversation about what happens when strong economic data masks a deeper structural shift. The income engine still runs, but tariffs, labor scarcity, and immigration limits are quietly rewiring the system. Inflation may not fall the way people expect. Profit margins may not hold. And capital may start flowing away from the US for the first time in a generation. This isn't a cycle call. It's a question of what kind of economy we are becoming—and whether portfolios built for the past can survive what's coming.-----50 YEARS OF TREND FOLLOWING BOOK AND BEHIND-THE-SCENES VIDEO FOR ACCREDITED INVESTORS - CLICK HERE-----Follow Niels on Twitter, LinkedIn, YouTube or via the TTU website.IT's TRUE ? – most CIO's read 50+ books each year – get your FREE copy of the Ultimate Guide to the Best Investment Books ever written here.And you can get a free copy of my latest book “Ten Reasons to Add Trend Following to Your Portfolio” here.Learn more about the Trend Barometer here.Send your questions to info@toptradersunplugged.comAnd please share this episode with a like-minded friend and leave an honest Rating & Review on iTunes or Spotify so more people can discover the podcast.Follow Cem on Twitter.Follow Bob on Twitter.Episode TimeStamps: 02:58 - Revisiting the Income Driven Expansion12:30 - Inflation Dynamics and Economic Policy15:31 - The Dynamics of Labor and Immigration27:58 - Strategic Decoupling and Its Implications32:04 - The Economic Implications of Manufacturing in China42:13 - Economic Growth and Market Dynamics48:28 - The Evolving Landscape of Investment Strategies53:25 - Understanding Alpha Strategies and Portfolio Diversification01:01:10 - The Dynamics of Hedge Fund Strategies and Correlation01:09:34 - Global Macro Trends and Financial DecouplingCopyright © 2024 – CMC AG – All Rights Reserved----PLUS: Whenever you're ready... here are 3 ways I can help

#597: A recession is coming, and it might be worse than most people expect. That's the sobering assessment from Bob Elliott, former Head of Ray Dalio's Investment Team at Bridgewater Associates, when he joins us on the podcast. Bob explains that several economic factors are converging to create challenging conditions. The combination of current trade policies, persistent inflation issues, and a Federal Reserve that's constrained in its response is creating significant economic headwinds. Tariffs play a central role in this economic outlook. While their inflationary impact remains debatable, their growth-negative effects are more certain. When imported goods become more expensive, consumers have less money to spend on other things. This reduces demand across the entire economy. Manufacturing and reshoring aren't simple solutions either. Bob points out that building new factories takes about five years, with payback periods stretching 30 years. This timeline explains why CEOs hesitate to make such investments, especially in an environment where policies change unpredictably. This uncertainty has driven CEO confidence to its lowest levels since the 2008 financial crisis, further complicating economic prospects. For individual investors, Bob offers surprisingly straightforward advice. Despite his sophisticated background managing billions, he follows a simple personal investment strategy: dollar-cost averaging and diversification. He even limits himself to reviewing his investments just once annually — typically the Wednesday before Thanksgiving. This disciplined approach prevents overtrading and removes emotion from investment decisions — principles that apply whether you're investing regular income or handling a windfall. Throughout our conversation, Bob emphasizes that the US economy fundamentally runs on consumer spending. When policies redirect money from discretionary spending toward necessities, the effects ripple throughout the entire system. Want to hear more of Bob's insights on recession probability, investment strategy, and economic policy? Listen to the full episode now. Timestamps: Note: Timestamps will vary on individual listening devices based on dynamic advertising run times. The provided timestamps are approximate and may be several minutes off due to changing ad lengths. (0:00) Introducing Bob Elliott, former head of Ray Dalio's investment team at Bridgewater (2:56) Bob discusses high probability of recession due to growth-negative policies (7:00) Tariffs likely growth negative in short-term despite long-term manufacturing goals (14:20) Transition from global supply chains to parallel and redundant manufacturing systems (19:50) Four economic levers: tariffs, tax policy, monetary policy, and government spending (26:15) Stock market reacts to short-term expectations despite positive long-term outlook (34:15) Bond markets performing well as growth slows; potential recession duration of 1-1.5 years (45:40) Long-term productivity growth creates wealth despite short-term volatility (53:15) Dollar-cost averaging and diversification recommended for individual investors (59:15) Bob discusses founding GiveWell to identify highest-impact charitable giving (1:11:10) Bob explains Unlimited Funds, making hedge fund strategies accessible to everyday investors Learn more about your ad choices. Visit podcastchoices.com/adchoices

#596: Yesterday, the White House rolled out the biggest tariffs in a century, sending markets into their worst decline since the pandemic. While headlines focus on supply chains and inflation, there are important economic stories you're not hearing about. During the first half of this month's First Friday episode, we dig into what nobody's talking about. And in the second half, we grapple with the headlines. Student loan rules just changed again. The government added new limits to Public Service Loan Forgiveness. Right now, 9.2 million people — one in five borrowers — can't keep up with payments. Many folks don't even know payments started again after that four-and-a-half-year break. S&P just dropped a new report that backs what smart money already knows: index funds crush actively managed funds 90 percent of the time. Even with all those tech stocks dominating the market, you still come out ahead with simple indexing. You know who's gobbling up the mortgage market? Rocket Companies. They just bought both Redfin and Mr. Cooper. They'll handle one of every six mortgages in America. They've positioned themselves at every step of the homebuying journey — from when you search for homes on Redfin to financing and monthly payments for the next 30 years. The White House just made a surprising move with Bitcoin. They're setting up a Strategic Bitcoin Reserve to hold coins long-term. They're also creating a separate stockpile for crypto they seize in legal cases. Pretty clear signal that Bitcoin stands apart from other cryptocurrencies. In the second half, we dive into those significant new tariffs making headlines.  The S&P 500 dropped 4.8 percent on Thursday — we haven't seen a drop like that since the pandemic. The new rules put at least a 10 percent tariff on everything coming into the country. Then come the "reciprocal" rates: 20 percent for European goods, 27 percent for items from India, and a combined 65 percent for Chinese imports. We bring in Bob Elliott to make sense of this situation. His credentials are impressive — he spent 13 years at Bridgewater Associates (the world's largest hedge fund), served as head of Ray Dalio's investment team, and graduated magna cum laude from Harvard.  During the 2008 crisis, he directly advised the Treasury, Federal Reserve, and White House.  Bob offers a reality check about bringing back manufacturing jobs: you can't build factories overnight. These investments take years, and companies hesitate to make 30-year commitments when policies change every few months. Bob breaks down four economic forces all hitting at once: tariffs jacking up prices, government cutting spending, tax policies on hold, and the Fed moving like molasses. Put them together? Yikes. He doesn't sugarcoat it — the short-term outlook looks "pretty negative." Learn more about your ad choices. Visit podcastchoices.com/adchoices