Podcasts about great financial crisis

Find James Lavish's SubStack Here: https://www.jameslavish.com/ Click the link http://kalshi.com/r/MOSES or download the Kalshi App and use code MOSES to sign up and trade today! Checkout the WAWD Substack here: https://whatarewedoingonthedesk.substack.com/ In this episode of On the Tape, Danny Moses welcomes James Lavish back to the show for a wide-ranging conversation that goes well beyond Bitcoin. Drawing on his background trading risk arbitrage on the floor of the New York Stock Exchange and running the Bitcoin Opportunity Fund, James breaks down why he believes the Fed and Treasury are "trapped" by a looming wall of debt—roughly $14 trillion rolling over in the next year on top of ongoing $2 trillion deficits—and what that means for rates, inflation, and the dollar. Danny and James dig into Kevin Warsh's first meeting as Fed chair and his more hawkish-but-mostly-bark tone, the odds of a July rate hike, and how the war and energy prices are feeding back into inflation. They explore the "hot ball of money" chasing AI and the SpaceX IPO, the K-shaped economy driving retail toward speculative bets, and why James sees a coming rotation of capital out of high-flying AI names and back into Bitcoin. The two also debate Michael Saylor's Strategy (formerly MicroStrategy) at length—whether its leverage and perpetual preferred structure leave Saylor in a "trap" or a position of strength—with James arguing the balance sheet concerns are overblown if you believe in Bitcoin long term. James shares how his fund approaches Bitcoin-adjacent energy and AI investments, and Danny closes with his Kalshi picks of the week. --ABOUT THE SHOW For decades, Danny has seen it all on Wall Street and has built his reputation on integrity, curiosity and skepticism that he will bring with him each week. Having traded through the Great Financial Crisis and being featured in "The Big Short" is only part of the experiences Danny wants to share with the listener. This weekly podcast cuts through market noise, offering entertaining and informative discussions with expert guests giving their views of the financial world and the human side of it. Whether you're a seasoned investor or just getting started, On The Tape provides something for all listeners. Follow Danny on X: @dmoses34 The financial opinions expressed are for information purposes only. The opinions expressed by the hosts and participants are not an attempt to influence specific trading behavior, investments, or strategies. Past performance does not necessarily predict future outcomes. No specific results or profits are assured when relying on this content. Before making any investment or trade, evaluate its suitability for your circumstances and consider consulting your own financial or investment advisor. The financial products discussed in 'On The Tape' carry a high level of risk and may not be appropriate for many investors. If you have uncertainties, it's advisable to seek professional advice. Remember that trading involves a risk to your capital, so only invest money that you can afford to lose. Derivatives are not suitable for all investors and involve the risk of losing more than the amount originally deposited and any profit you might have made. This communication is not a recommendation or offer to buy, sell or retain any specific investment or service.

In this episode, Michael Blank sits down with Dwight Dunton, founder of Bonaventure and a multifamily veteran with more than 25 years of experience managing nearly $3 billion in assets. From buying his first 378-unit apartment complex at age 25 to navigating the Great Financial Crisis, COVID, and today's interest rate environment, Dwight shares the strategies that have helped him not only survive market downturns but thrive through them. The conversation explores why supply—not interest rates—is the biggest factor driving multifamily performance, how to structure debt and equity to withstand market volatility, and why “boring” markets often deliver the best long-term results. Dwight also breaks down creative tax strategies, including the lesser-known 721 exchange, and explains why preserving capital is the foundation of achieving financial freedom.Key TakeawaysFocus on Protecting Downside Risk First Long-term success in real estate isn't about maximizing returns—it's about avoiding catastrophic losses and staying in the game through every market cycle.Supply Matters More Than Interest Rates While rising rates grab headlines, oversupply is often the real driver of declining rents and compressed NOI in multifamily markets.Match Your Debt Strategy to Your Business Plan Aligning asset type, financing structure, investor expectations, and hold periods reduces risk and creates more resilient investments."Boring" Markets Often Produce Better Returns Markets with limited new supply and steady demand can outperform high-growth markets that attract excessive development.Value-Add Creates Growth You Can Control Investing in properties where you can improve operations and increase cash flow provides more stability than relying solely on market appreciation.Tax Strategy Can Significantly Increase Wealth Creation Tools like 1031 exchanges, Delaware Statutory Trusts (DSTs), and 721 exchanges can help investors defer taxes, diversify holdings, and transition from active ownership to passive investing.Connect with MichaelFacebookInstagramYouTubeTikTokResourcesTheFreedomPodcast.com Access the #1 FREE Apartment Investing Course (Apartments 101)Schedule a Free Strategy Session with Michael's Team of AdvisorsExplore Michael's Mentoring ProgramJoin the Nighthawk Equity Investor ClubReview the Podcast on Apple PodcastsSyndicated Deal AnalyzerGet the Book, Financial Freedom with Real Estate Investing by Michael BlankFor full episode show notes visit: https://themichaelblank.com/podcasts/session529/

Morgan Housel, best-selling author of The Psychology of Money, Same as Ever, and The Art of Spending Money, has a “system” for building wealth that seems too simple, too easy to be true—but is. Most Americans think getting wealthy is only for those willing to work 100+ hour weeks, build a business from scratch, inherit millions, or get a high-paying six-figure job. That's not the case. The average American can get wealthy—you just need to follow this “good enough” system. Morgan spent the early part of his career covering lessons from the fallout of the 2008 Great Financial Crisis. Economics couldn't make sense of it, and what he found was that psychology could. Knowing how to win the money game puts you in the player's seat, instead of watching from the sidelines. And today, Morgan shares the biggest lessons to get in the game. From the simple “system” both he and Dave use to build wealth to the #1 skill of a wealthy investor, when you should spend more money, and why merely working harder isn't going to get you what you want. Morgan even shares his strong opinion on the #1 thing wrong with the housing market today—and how we could actually fix it.  In This Episode We Cover Morgan's simple “system” for building wealth even if you don't have tons of extra income Why retiring early is not the goal worth striving for (and what is better) How much of a return should you be making on your investments? Morgan's unique answer  Knowing your “enough” so you can stop worrying, start living, and do what you're meant to do  Spend more money before it's too late? The argument for why you shouldn't wait to give  And So Much More! Check out more resources from this show on ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠BiggerPockets.com⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ and ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠h⁠⁠t⁠t⁠ps://www⁠.biggerpockets.com/blog/real-estate-1292⁠⁠⁠⁠⁠. Interested in learning more about today's sponsors or becoming a BiggerPockets partner yourself? Email ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠advertise@biggerpockets.com⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠. Learn more about your ad choices. Visit megaphone.fm/adchoices

Click the link http://kalshi.com/r/MOSES or download the Kalshi App and use code MOSES to sign up and trade today!Checkout the WAWD Substack here: https://whatarewedoingonthedesk.substack.com/Danny Moses sits down with Chris Verrone, Chief Market Strategist and Head of Technical & Macro Research at Strategas, for a wide-ranging conversation on a market that keeps shrugging off every shock thrown at it. Chris breaks down why he's calling this the "hit me again" market — tariffs, an energy shock, war — and none of it has seemed to matter.They dig into improving market breadth (65% of stocks above their 200-day, a far cry from the narrow 2000 peak), the rotation question of where money goes if it leaves tech, memory, and semis, and why Chris is running a deliberately balanced book into healthcare, financials, and consumer. Plus: Kevin Warsh's first Fed meeting and why "no cuts are the new Fed cuts," the path of financial deregulation and a coming wave of bank M&A, the $40 trillion debt question and why the bond market is the only arbiter that matters, his contrarian bearish gold call, and a healthy dose of skepticism on parabolic AI and SpaceX-style valuations — "put the chips in your pocket."Follow Chris on X: https://x.com/verrone_chris?lang=enFollow Chris on LinkedIn: https://www.linkedin.com/in/chris-verrone-6b1ab4111--ABOUT THE SHOWFor decades, Danny has seen it all on Wall Street and has built his reputation on integrity, curiosity and skepticism that he will bring with him each week. Having traded through the Great Financial Crisis and being featured in "The Big Short" is only part of the experiences Danny wants to share with the listener. This weekly podcast cuts through market noise, offering entertaining and informative discussions with expert guests giving their views of the financial world and the human side of it. Whether you're a seasoned investor or just getting started, On The Tape provides something for all listeners.Follow Danny on X: @dmoses34The financial opinions expressed are for information purposes only. The opinions expressed by the hosts and participants are not an attempt to influence specific trading behavior, investments, or strategies. Past performance does not necessarily predict future outcomes. No specific results or profits are assured when relying on this content.Before making any investment or trade, evaluate its suitability for your circumstances and consider consulting your own financial or investment advisor. The financial products discussed in 'On The Tape' carry a high level of risk and may not be appropriate for many investors. If you have uncertainties, it's advisable to seek professional advice. Remember that trading involves a risk to your capital, so only invest money that you can afford to lose.Derivatives are not suitable for all investors and involve the risk of losing more than the amount originally deposited and any profit you might have made. This communication is not a recommendation or offer to buy, sell or retain any specific investment or service. Hosted on Acast. See acast.com/privacy for more information.

Most investors start by asking:"How much money can I make?"Bob Fraser thinks that's the wrong question.In this episode, the co-founder and CFO of Aspen Funds explains why the best investors in the world focus on risk before returns, how billionaire investors build portfolios differently, and why protecting capital matters more than chasing upside.We dive into:✅ Why good technology doesn't automatically create good investments✅ The hidden problem with most capital raising strategies✅ How billionaire investors think about risk✅ Why Evergreen funds may outperform traditional syndications✅ The biggest mistakes operators make when raising capital✅ What Bob looks for before investing in any deal✅ The future of multifamily, industrial, and retail real estate✅ Why natural gas may be one of the most important investments of the next decadePlus, Bob shares lessons from being wiped out during both the Dot-Com crash and the Great Financial Crisis and how those experiences shaped the way he invests today.If you're an investor, operator, broker, or entrepreneur trying to build wealth that survives market cycles, this episode is packed with practical insights.Thanks To Our Sponsors

Click the link http://kalshi.com/r/MOSES or download the Kalshi App and use code MOSES to sign up and trade today! Checkout the WAWD Substack here: https://whatarewedoingonthedesk.substack.com/ Danny Moses is joined by Dan Nathan to break down a market that sold off on good news — strong jobs data, sticky inflation, and a Fed whose hands look increasingly tied heading into the CPI print. The guys dig into why the AI and data-center build has become the entire economy, and what a rotation out of those names would actually mean for growth. From there: Kevin Warsh's first meeting as Fed chair and how Danny is playing the odds of a dissenting vote, the long-awaited SpaceX IPO and the fine print behind it — index-inclusion mechanics, the timing of the Anthropic and Google compute deals, the 90-day exit clauses, and the question of who's left to buy once endowments and retail are already in. They close on two vice trades worth watching: Trulieve's move to the NYSE as cannabis quietly notches its biggest win in years, and how prediction markets like Kalshi are reshaping the data-provider landscape under DraftKings, FanDuel, and Flutter. --ABOUT THE SHOWFor decades, Danny has seen it all on Wall Street and has built his reputation on integrity, curiosity and skepticism that he will bring with him each week. Having traded through the Great Financial Crisis and being featured in "The Big Short" is only part of the experiences Danny wants to share with the listener. This weekly podcast cuts through market noise, offering entertaining and informative discussions with expert guests giving their views of the financial world and the human side of it. Whether you're a seasoned investor or just getting started, On The Tape provides something for all listeners.Follow Danny on X: @dmoses34The financial opinions expressed are for information purposes only. The opinions expressed by the hosts and participants are not an attempt to influence specific trading behavior, investments, or strategies. Past performance does not necessarily predict future outcomes. No specific results or profits are assured when relying on this content.Before making any investment or trade, evaluate its suitability for your circumstances and consider consulting your own financial or investment advisor. The financial products discussed in 'On The Tape' carry a high level of risk and may not be appropriate for many investors. If you have uncertainties, it's advisable to seek professional advice. Remember that trading involves a risk to your capital, so only invest money that you can afford to lose.Derivatives are not suitable for all investors and involve the risk of losing more than the amount originally deposited and any profit you might have made. This communication is not a recommendation or offer to buy, sell or retain any specific investment or service.

Click the link http://kalshi.com/r/MOSES or download the Kalshi App and use code MOSES to sign up and trade today!Checkout the WAWD Substack here: https://whatarewedoingonthedesk.substack.com/Danny Moses is joined by Dan Nathan to break down a market that sold off on good news — strong jobs data, sticky inflation, and a Fed whose hands look increasingly tied heading into the CPI print. The guys dig into why the AI and data-center build has become the entire economy, and what a rotation out of those names would actually mean for growth.From there: Kevin Warsh's first meeting as Fed chair and how Danny is playing the odds of a dissenting vote, the long-awaited SpaceX IPO and the fine print behind it — index-inclusion mechanics, the timing of the Anthropic and Google compute deals, the 90-day exit clauses, and the question of who's left to buy once endowments and retail are already in. They close on two vice trades worth watching: Trulieve's move to the NYSE as cannabis quietly notches its biggest win in years, and how prediction markets like Kalshi are reshaping the data-provider landscape under DraftKings, FanDuel, and Flutter.Timecodes0:00 - Macro Picture5:00 - Fed Speak9:10 - SpaceX IPO14:15 - Vice Stocks--ABOUT THE SHOWFor decades, Danny has seen it all on Wall Street and has built his reputation on integrity, curiosity and skepticism that he will bring with him each week. Having traded through the Great Financial Crisis and being featured in "The Big Short" is only part of the experiences Danny wants to share with the listener. This weekly podcast cuts through market noise, offering entertaining and informative discussions with expert guests giving their views of the financial world and the human side of it. Whether you're a seasoned investor or just getting started, On The Tape provides something for all listeners.Follow Danny on X: @dmoses34The financial opinions expressed are for information purposes only. The opinions expressed by the hosts and participants are not an attempt to influence specific trading behavior, investments, or strategies. Past performance does not necessarily predict future outcomes. No specific results or profits are assured when relying on this content.Before making any investment or trade, evaluate its suitability for your circumstances and consider consulting your own financial or investment advisor. The financial products discussed in 'On The Tape' carry a high level of risk and may not be appropriate for many investors. If you have uncertainties, it's advisable to seek professional advice. Remember that trading involves a risk to your capital, so only invest money that you can afford to lose.Derivatives are not suitable for all investors and involve the risk of losing more than the amount originally deposited and any profit you might have made. This communication is not a recommendation or offer to buy, sell or retain any specific investment or service. Hosted on Acast. See acast.com/privacy for more information.

Erik Wetterling, Founder and Editor of The Hedgeless Horseman website, joins me to reflect on the status of the gold and silver bull market, after the corrective moves of the last few months.  He also outlines how he is approaching rebalancing his portfolio from a high-conviction standpoint, and by weighting his positioning heaviest to the junior resource stocks with compelling alpha catalysts on tap in their coming newsflow.    He starts off noting that the correction thus far in gold and silver, from the high peaks earlier this year to the recent lows is almost getting as extreme, on a percentage basis, as the moves seen in the metals during the Great Financial Crisis.  For this reason he believes most of the downside price moves have already occurred across the sector, and he is not expecting a prolonged multi-year bear market from here.   With regards to the junior resource stocks, his perspective is that these deeper corrections bring clarity to one's conviction in any given portfolio position.  When analyzing the downside trends that we've seen in precious metals stocks over the last few months, and especially during the sharp moves lower, like what we saw the end of last week; he encourages investors to reevaluate what they hold and why they got positioned in those stocks in the first place. One may feel compelled to accumulate a larger position as the price and valuation of a stock drops lower, because of the conviction they have in that company value catalysts on the horizon. The lower it goes, the more mispriced it will appear by the market, and the more compelling it will be on a risk/reward basis. In contrast, he points out being willing to sell out of a sector momentum beta position, especially if one gets lower conviction the more it corrects lower in price. This distinction will underscore that this position was more of a beta momentum trade, where the company was still dependent on higher metals prices strong sector sentiment to keep moving higher. He outlines that focusing on alpha catalysts in junior resource stocks, can end up meaning less outperformance during the really bullish periods, but conversely less downsize pressure during sector corrections.     Erik highlights why Goliath Resources Limited (TSX-V: GOT) (OTCQX: GOTRF) is a good example of a stock that has corrected hard with the rest of the PM sector, but is fully-funded for a 50,000 meter drill program, with a high hit rate on the prior few seasons of drilling, and a propensity to rerate based on positive newsflow. He notes that this stock is demonstrating a pricing pattern he has seen over and over again in junior mining stocks. Often a correcting stock will briefly break downside support, which is where the weak-conviction retail investors capitulate, and then the equity will consolidate and then suddenly surge higher based on their unique alpha catalysts, leaving investors chasing it higher once again.     Click here to follow Erik's analysis over at The Hedgeless Horseman website   * In full disclosure, some companies mentioned by Erik in this interview, are positions held in his personal portfolio, and also may be site sponsors of The Hedgeless Horseman website at the time of this recording.   For more market commentary & interview summaries, subscribe to our Substacks:   The KE Report: https://kereport.substack.com/ Shad's resource market commentary: https://excelsiorprosperity.substack.com/     Investment disclaimer: This content is for informational and educational purposes only and does not constitute investment advice, an offer, or a solicitation to buy or sell any security. Investing in equities and commodities involves risk, including the possible loss of principal. Do your own research and consult a licensed financial advisor before making any investment decisions. Guests and hosts may own shares in companies mentioned.  

Danny Moses interviews Larry McDonald on how several prior calls played out, including regulatory relief for banks, a rotation into hard assets and energy, and AI-linked nuclear exposure via NUKZ. McDonald argues the economy is increasingly K-shaped: wealthy consumers benefit from higher money-market yields and AI CapEx, while consumer-facing companies like McDonald's, Home Depot, and retailers weaken, pushing money into crowded tech trades. They discuss risks from massive AI/space IPOs entering indexes, the “dark side” of passive investing, and the potential for an inflation rebound driven by oil, summer demand, and Middle East disruptions, which could spur rotation from tech into commodities. McDonald outlines constraints from rising debt interest costs, a stagflation risk, a plan to force banks to buy Treasuries, and opportunities in gold miners and uranium amid looming supply deficits, plus election-driven value setups in Brazil. -- ABOUT THE SHOW For decades, Danny has seen it all on Wall Street and has built his reputation on integrity, curiosity and skepticism that he will bring with him each week. Having traded through the Great Financial Crisis and being featured in "The Big Short" is only part of the experiences Danny wants to share with the listener. This weekly podcast cuts through market noise, offering entertaining and informative discussions with expert guests giving their views of the financial world and the human side of it. Whether you're a seasoned investor or just getting started, On The Tape provides something for all listeners. Follow Danny on X: @dmoses34 The financial opinions expressed are for information purposes only. The opinions expressed by the hosts and participants are not an attempt to influence specific trading behavior, investments, or strategies. Past performance does not necessarily predict future outcomes. No specific results or profits are assured when relying on this content. Before making any investment or trade, evaluate its suitability for your circumstances and consider consulting your own financial or investment advisor. The financial products discussed in 'On The Tape' carry a high level of risk and may not be appropriate for many investors. If you have uncertainties, it's advisable to seek professional advice. Remember that trading involves a risk to your capital, so only invest money that you can afford to lose. Derivatives are not suitable for all investors and involve the risk of losing more than the amount originally deposited and any profit you might have made. This communication is not a recommendation or offer to buy, sell or retain any specific investment or service.

Our first-ever podcast guest, John Taft, returns nearly 100 episodes later. John is a Vice Chair of Baird. He was previously the CEO of RBC's U.S. wealth management business through the Great Financial Crisis, overseeing nearly 7,000 employees and almost $300 billion in assets. He chaired SIFMA, the leading securities industry trade association, and testified before Congress during the post-crisis reforms.John has spent more than 40 years in finance, but he didn't start there. He set out to be a newspaper journalist. Then, on a reporting assignment in Lowell, Massachusetts, he watched community leaders use the tools of finance to rebuild a burnt-out industrial city — and realized he didn't just want to write about that work; he wanted to do it.John wrote Stewardship: Lessons Learned from the Lost Culture of Wall Street, followed by A Force for Good: How Enlightened Finance Can Restore Faith in Capitalism. Today he's helping oversee $560B in assets, writes the blog Finance for the Greater Good, and is one of three founding members of the Scholars of Finance Advisory Board.In this episode, John returns to discuss what he's seen happen to the industry — and where it needs to go next. He and Ross dig into the financialization of the economy, the "disease of grandiosity" infecting leaders across sectors, and why financial services have grown larger than necessary to serve the real economy. They get to the productive heart of finance — what John calls "helping real people in the real world solve real problems and achieve real goals" — and the speculative noise crowding it out, from prediction markets and zero-day options to leveraged inverse ETFs and much of the digital asset ecosystem. They also explore AI's coming impact on capital allocation, the widening gap between rich and poor, and why John believes the next ten years will demand more stewardship from finance, not less.Meet John John Taft is a Vice Chair of Baird and a member of the firm's Executive Committee. Earlier in his career, he was a managing director at Piper, Jaffray & Hopwood; president and CEO of Voyageur Asset Management; president and CEO of Dougherty Summit Securities; and a consultant at Deloitte & Touche. He currently serves on the boards of Riverfront Investment Group, Octavus Group, Baird Trust, and Sagard.John holds a B.A. magna cum laude, Phi Beta Kappa, from Yale University, and a master's degree in public and private management from the Yale School of Organization and Management. He serves as Vice Chair of the Minneapolis Foundation, is an active member of the Itasca Project, and is an Executive in Residence at the Wake Forest University Center for the Study of Capitalism.He credits his family — including his great-grandfather, 27th U.S. President William Howard Taft — for instilling the core values that shape his definition of business success and his belief in the importance of treating every person with dignity.

Welcome back to the tenth season of the Eccles Business Buzz podcast. Today, guest-host Annesley Womble returns for a conversation with Colin Wright, Owner of Cole West Group, a real estate development group focused on developing master-planned communities, residential lots, urban infill communities and mixed-use properties throughout Utah. Wright traces his path from studying finance at the University of Utah, where real estate classes sparked his interest, to earning a master's in real estate development at Columbia University in New York, where he learned the private equity joint-venture model. When family and a great job opportunity brought him back to Utah, Wright found himself facing the Great Financial Crisis after leaving Ivory Homes too early. After pivoting to help build the University of Utah's Master of Real Estate Development curriculum, he taught classes to survive. Wright shares insights on timing, real estate cycles, partnerships, leadership, and scaling while reflecting on family pressures, Amy Chua's “Triple Package” framework, aspirations for campus and student housing, and his commitment to developing leaders, strengthening faith and family, and creating lasting impact.Eccles Business Buzz is a production of the David Eccles School of Business and is produced by University.fm.Eccles Business Buzz is proud to be selected by FeedSpot as one of the Top 70 Business School podcasts on the web. Learn more at https://podcast.feedspot.com/us_business_school_podcasts. Episode Quotes:On learning to become a better leader of people[21:41] I talked a little bit about, I think God made me to be an entrepreneur, deal maker, and I'm learning to be a good manager. So, as I started Cole West, same thing happened over again. I'm an entrepreneur. I'm growing. I started with three people. Next thing I know, I've got 30 people, and I'm back into this rut of, you know, managing HR problems versus doing deals. And that's when Darlene Carter, who we'd worked with previously, she came back and really helped fill that role of being an integrator and put me back in the seat of being a little bit more of an innovator, which is where I'm more comfortable.But every day I wake up, and I try to be a better integrator. I'm not giving up on, "Hey, you're just not a good leader. It's not natural to you." I wake up every day trying to be a better leader of people, and frankly, I think I have gotten a lot better just through effort, and attention, and study, and patience.Colin shares lessons from the Great Financial Crisis that shaped his company[15:07] So, I learned a ton about real estate cycles. It was the first one I really got to observe. My dad and Ellis Ivory lived through many in the '80s, and '90s, and 2000s, and they warned me and told me what it would be like 2006 to 2009. I watched it from the sidelines. And then 2022 to 2025, I lived it by having real estate investments. Personally, it was really hard. Couldn't pay the bills, you know, some kids and house payments, and it was really hard. I learned I wasn't ready, and that led me to a partnership with three other individuals. And I've always compared it to like a Madden score. If you're playing basketball or football on the Xbox, the players have a score from zero to 100. And in 2006, going into the GFC, I would guess my Madden score was like a 35 or 40. I thought it was 80 or 90, but it was probably a 35 or 40. And the way to survive coming out of that was to find three business partners who had complementing skill sets, where collectively we could be 100. And that was a good step for me, that if you're not an 80 or a 90 or 100, and you want to go into business, find some business partners that complement your Madden score so that you can get close to 100 and try to be successful, and that's what we did. So, we started a company, and the distress that was caused by the GFC, we started buying land and lots in Utah and Colorado, and we started a home builder called Henry Walker Homes. So, it was very entrepreneurial, three other partners, and we just went at it all together to try to work our way out of the Great Financial Crisis.Colin on President Randall's leadership & the U's world-class business education today[30:11] What President Randall has done over the past five years of, you know, you've got to put beds on campus, which he's doing an amazing job of, and then just the quality of learning at the U of U business school. I'm on the board at the business school. It's just amazing, the professors, the curriculum, the dean. It's just an amazing experience. It doesn't feel anything like it did when I was there. The kids, the energy, the entrepreneurs, the mentors, they have the access to these real estate classes. I mean, it is world-class. I firmly believe that.Show Links:Colin Wright | LinkedInCole West Group | AboutMaster of Real Estate Development | David Eccles Business SchoolDavid Eccles School of Business (@ubusiness) | InstagramUndergraduate Scholars ProgramsRising Business LeadersEccles Alumni Network (@ecclesalumni) | Instagram Eccles Experience Magazine

Danny Moses interviews Larry McDonald on how several prior calls played out, including regulatory relief for banks, a rotation into hard assets and energy, and AI-linked nuclear exposure via NUKZ. McDonald argues the economy is increasingly K-shaped: wealthy consumers benefit from higher money-market yields and AI CapEx, while consumer-facing companies like McDonald's, Home Depot, and retailers weaken, pushing money into crowded tech trades. They discuss risks from massive AI/space IPOs entering indexes, the “dark side” of passive investing, and the potential for an inflation rebound driven by oil, summer demand, and Middle East disruptions, which could spur rotation from tech into commodities. McDonald outlines constraints from rising debt interest costs, a stagflation risk, a plan to force banks to buy Treasuries, and opportunities in gold miners and uranium amid looming supply deficits, plus election-driven value setups in Brazil.--ABOUT THE SHOWFor decades, Danny has seen it all on Wall Street and has built his reputation on integrity, curiosity and skepticism that he will bring with him each week. Having traded through the Great Financial Crisis and being featured in "The Big Short" is only part of the experiences Danny wants to share with the listener. This weekly podcast cuts through market noise, offering entertaining and informative discussions with expert guests giving their views of the financial world and the human side of it. Whether you're a seasoned investor or just getting started, On The Tape provides something for all listeners.Follow Danny on X: @dmoses34The financial opinions expressed are for information purposes only. The opinions expressed by the hosts and participants are not an attempt to influence specific trading behavior, investments, or strategies. Past performance does not necessarily predict future outcomes. No specific results or profits are assured when relying on this content.Before making any investment or trade, evaluate its suitability for your circumstances and consider consulting your own financial or investment advisor. The financial products discussed in 'On The Tape' carry a high level of risk and may not be appropriate for many investors. If you have uncertainties, it's advisable to seek professional advice. Remember that trading involves a risk to your capital, so only invest money that you can afford to lose.Derivatives are not suitable for all investors and involve the risk of losing more than the amount originally deposited and any profit you might have made. This communication is not a recommendation or offer to buy, sell or retain any specific investment or service. Hosted on Acast. See acast.com/privacy for more information.

We are now recording an audio version of written posts that we will upload to Apple, Spotify, and YouTube, which you can listen to by clicking the button the play button above.As the Strait of Hormuz (SoH) Crisis completes its third month and on-again/off-again peace talks drag on, we are starting to see the outlines of various structural themes emerging, and, as importantly, some that are not. Thematically we see the following:* Power Surge! Our Power Surge! super-cycle theme has not only not been knocked off track by the SoH Crisis, but has likely been enhanced based on “the four Ds” of pragmatic energy policy orientation we discuss below. Recently completed 1Q 2026 earnings season shows the AI (artificial intelligence) and broader digital transformation theme is as strong as ever.* Geopolitical Super Vol. Geopolitical Super Vol remains our commodity macro framework, in particular for crude oil prices. Since Russia-Ukraine and through SoH-to-date, we have resisted crude oil super-cycle framings while also, importantly, rejecting perma bear doom-and-gloom. The unforgiving math of global oil demand being forced down to circa 95 million b/d of supply from around 105 million b/d pre-crisis suggests recession is the most likely clearing mechanism rather than a structural increase in long-dated oil prices in the event a significant disruption to flows persists. To be clear, we do see scope for a modest increase in long-end oil on the order of $10/bbl to account for both cost inflation and an increased geopolitical risk premium.* Molecules to markets. In our view, getting molecules to markets is the more pressing strategic imperative for countries than simply trying to find the molecules in the first place. In traditional energy, this puts a premium on well-positioned midstream and downstream assets. In the upstream business, there is always an opportunity to find acreage that is well positioned on the future cost curve. Having a midstream or downstream solution (e.g., LNG) may be an increasing success factor for larger E&P (exploration and production) companies.* New business models > pure-play (for larger companies). The era of extreme pure-play specialization we think will fade, or at least will no longer be the dominant ask of investors. Business model evolution is likely to continue to separate leaders from laggards. Examples we find intriguing include pressure pumpers and midstream companies diversifying into behind-the-meter (BTM) power, US shale gas producers expanding into midstream and potentially LNG, refiners that have grown midstream capabilities, midstream companies that have grown export opportunities, and the expanded commercial trading opportunities that larger companies have pursued. The list is growing.* Brownfield > greenfield (usually). The advantage of doing more from existing assets is something both countries and companies have in common. Brownfield almost always beats greenfield on profitability and speed-to-market, though a best-in-class greenfield project like Guyana oil is the type of exception that exists to the general rule.From an energy policy perspective, the Strait of Hormuz Crisis reveals what we are now calling the four Ds of country-level energy policy aspiration:* Do as much Domestic production as possible;* Diversify energy sources and technologies;* Do more from existing assets; and* embrace Digital transformation and AI.Subscribe to Super-Spiked to receive all content via email. Also available on https://veriten.com.The Four Ds of Pragmatic Energy PolicyThe four Ds are the pragmatic policy implication of country leaders recognizing energy's natural hierarchy of needs (Exhibit 1). On the right side of Exhibit 1, we rank (higher on list is better) resource rich countries and resource challenged areas in terms of federal policy orientation that recognizes energy's natural hierarchy of needs and implementation of the four Ds relative to a given country's strengths and weaknesses.Saudi Arabia and United Arab Emirates among resource rich regions and China among resource challenged areas we see as having favorable federal energy policy orientations. Laggards are not surprising: Western Europe, California, Canada, and Australia. What KSA, UAE, and China have in common are national leadership that emphasizes the ideas of “all of the above,” maximum (or optimal) output of what you can control, and unapologetic “their own country first” mentalities.Super-Spiked subscribers know we have a very favorable view of Canada's oil and gas potential and the leading companies in the province of Alberta. We had an unfavorable view of the federal energy policies pursued by the prior Trudeau regime, with the jury out on the current Carney administration. On the latter, we appreciate that the rhetoric has improved off a low starting point. The proof will be in the policy implementation pudding.No country should aspire to follow the path of California or Western Europe and their “climate first” ideology (dishonorable mention goes to many states in the US northeast). Sadly, poor energy policy choices made in those areas are going to mean that less fortunate consumers and businesses in developing Asia suffer from being outbid for needed energy like LNG, jet fuel, and diesel during times of stress, as we last saw in the early days of Russia-Ukraine. It has been some time since we have done a deep dive on Australia; our sense would be that it is in the Canada category of having substantial oil and gas resources that the world would massively benefit from, but is being held back by ill-advised climate-first ideology by its national leaders.Exhibit 1: A Hierarchy of Energy Needs & Country Policy Objectives and OrientationSource: Veriten.Doing More From Existing AssetsIn previous issues of Super-Spiked, we have discussed three of the Ds: do as much domestic production as possible, diversify energy sources and technology, and embrace digital transformation and AI. Therefore, in this post we will expand on the “do more from existing assets” theme.* A major advantage the developed world has over China, India, and other developing areas is a large installed base of assets and infrastructure. Prematurely retiring old power plants in the name of “energy transition” and “The Climate Crisis” is the type of 2020-2023 mistake that has hurt competitiveness and affordability in the United States and Western Europe. In power generation, we are intrigued with trying to answer the question of how much new generation from legacy sources (e.g., natural gas, BTM, and traditional nuclear) is needed versus how much new generation technology is needed (e.g., fuel cells, enhanced geothermal, advanced nuclear) versus how much can existing grid utilization be improved via flexible loads and various grid enhancing technologies. How much more can we get from existing is important to how much we need from the other two options.* In crude oil markets, we do not believe there is the urgency to figure out “what's next” from a resource perspective as there was in the 2004-2014 super-cycle. To be clear, this comment is intended at the macro level; individual companies are almost always in need of figuring out what's next. Exploration and capital spending is likely to grow but we do not believe the kind of re-rating that happened during China/BRICs is warranted now. Rather we are most intrigued with what companies are doing to extend asset life (i.e., resource to production ratio) via a combination of technology application, business development, and midstream/downstream investment that can ensure molecules get moved to markets and turned into usable end products. Ironically, the Middle East looks like a compelling upstream opportunity for western oil and gas firms, given improved fiscal terms in certain areas. We have long held a favorable view of Canada (our concerns about its federal energy policies notwithstanding) and Alaska. Recent developments in many Latin American countries warrant a fresh look at the region for western players.* The largest areas that seem ripe to “do more from existing” include US shale oil, US shale gas, Middle East oil, Canada's oil sands, Venezuela oil, and developed market power grids.Growth and opportunityThe five areas of energy where we are most confident in growth include:* US and global power generation* Midstream and downstream infrastructure for crude oil and various metals and minerals* Grid enhancing technologies* US and global natural gas* Renewables and storageThe long-term opportunity to grow nuclear power is going to prove to be compelling for many countries, justifying the required patience in terms of time to development. Nuclear is the ultimate baseload, domestic, clean energy source.We remain open-minded about emerging and new energy technologies. We are seeing current growth in fuel cells and optimism about enhanced geothermal on the power generation side of the business. The SoH Crisis will accelerate adoption of electric vehicles and LNG trucks in particular in oil importing countries for diversification and affordability reasons.The success of new business models should diminish investor and activist demand for pure-playsThere is a misperception that investors prefer pure-plays or that investors only want more dividends and stock buybacks. Investors prefer companies that generate superior profitability with differentiated growth. Both are needed to sustainably outperform: profitability AND growth.The challenge in mature, cyclical sectors is that corporate over-enthusiasm for growth usually erodes profitability to the point where investors demand a disavowal of growth in favor of profitability and returning capital to shareholders. To be sure, if structural demand growth for a given commodity is something like 1%-2% per year, the expected growth rates for the largest companies within that sector is unlikely to be any more than +/- 1%-2% of the broader demand trajectory.As businesses mature and growth slows, the demand by investors to focus on sub-parts of the business often increases in order to enhance the combination of per share growth and profitability for a particular business segment. The post-2014 oil super-cycle bust and growth in U.S. shale turbocharged the demand for pure-plays, especially within the traditional oil & gas value chains. Certain pure-play shale oil producers, midstream companies, and refiners in fact performed exceptionally well.Power is clearly in a super-cycle and traditional oil and gas is operating with a Geopolitical Super Vol macro backdrop (a dramatic improvement from the post super-cycle bust phase of 2015-2020) and business opportunities abounding in the different product lines and geographies.SoH Crisis FAQQuestion 1: Has an oil super-cycle begun?Answer: No. Our core view remains Geopolitical Super Vol, not super-cycle.Q2: Have the odds of “peak oil demand” increased?A: No, we don't think so. However, we are concerned that if the Strait remains significantly disrupted that the painful adjustment down in global oil demand could mean that we spend a good part of the remainder of this decade recovering back to pre-crisis demand levels as incremental supply is brought online. In our view, the timing of a more permanent peak in oil demand is unknowable so long as the other seven billion people on Earth continue to use only a fraction of the energy The Lucky 1 Billion of Us take for granted.Q3: Isn't AI and the resulting power demand growth forecasts a bubble waiting to pop?A: No or, perhaps more accurately, not at this time. The fact that numerous stock markets like the U.S. (S&P 500), Japan (NIKKEI), and South Korea (KOSPI) are at or near all-time highs may indeed reflect complacency with the risk of global recession due to the ongoing SoH Crisis. We would differentiate stock market complacency with an AI bubble. We see it in the areas where we spend a lot of time: digital transformation and the application of AI is a game changer for numerous businesses. The stock market may well experience a major correction if the world tips into recession. Whatever short-term setback that might mean for near-term power generation we think would be akin to the Great Financial Crisis hit to oil demand in the middle of the China/BRICs super-cycle of 2004-2014, i.e., it was temporary.Q4: Don't investors prefer “pure-plays” over diversified companies? A: That view is missing our point. Investors prefer companies with competitive profitability and differentiated growth opportunities. The demand for “pure-plays” typically is the result of a mature sector experiencing a structural downcycle and investors being disappointed on both profitability and growth. And for sure, some companies should remain as pure-plays. The larger a company's market capitalization and overall size, the less we think a pure-play business model makes sense, be it basin or geography or asset type or business line. For small-caps and new technologies, the pure-play business model is often logical.Q5: So E&Ps will merge with refiners?A: No, we aren't expecting that type of integration or diversification. A future “integrated E&P” likely means some combination of midstream and commercial exposure as opposed to a historical upstream-refining mix, as an example.⚡️On A Personal Note: Work Hard. Golf Hard.It's been a great three-week stretch of Spring golf ramp-up. 8 rounds in 5 days in and around Troon, Scotland the first week of May and then our NJ club's flagship member-member Governor's Trophy tournament over Memorial Day weekend featuring 45 holes of match play over 2 days. Day 2 of Governor's featured a good Scottish cold snap of low 50s weather and a light drizzle. Glad my rain pants got more work in and happy to be in sunny Houston as I finish writing this.At Governor's you can always see the short-game comfort from the returning Florida crowd versus those that stayed north over what is typically a 4-5 month winter hiatus. I failed to take advantage of part-time Houston residency this past winter and my partner and I didn't win our flight for the first time since 2021. Five 3 puts—FIVE!!!—from yours truly in Round 2 and two more missed make-able putts in Round 3 were seven half-point giveaways we did not overcome. Based on my accounting, my partner cost us only 2 points versus my 3.5, so the disappointing performance is on me. I'll need a stricter winter routine next year.I will say the Scotland golf intensity helped stamina at Governor's. The intensity and deliberate pace of hole-by-hole match play is usually mentally and physically draining. I didn't feel that this year. For future reference: I need to play 36 more often! It forces an easier swing. It improves mental resilience. Seems better than a cold plunge.Does a high level of golf intensity make you a better energy equity analyst, advisor, or board member? For sure it does. There is no question about this. Are we advising our companies to settle for mediocrity? That an 8% return on capital is good enough? That sector average TSR is fine? Of course not.Work Hard. Golf Hard.A Lot of Great Golf In Scotland: Western Gailes Near The Top Of My ListSource: Super-Spiked selfie.The Calm Before The Governor's Trophy StormSource: Super-Spiked.⚖️ DisclaimerI certify that these are my personal, strongly held views at the time of this post. My views are my own and not attributable to any affiliation, past or present. This is not an investment newsletter and there is no financial advice explicitly or implicitly provided here. My views can and will change in the future as warranted by updated analyses and developments. Some of my comments are made in jest for entertainment purposes; I sincerely mean no offense to anyone that takes issue.Subscribe to Super-Spiked to receive all content via email. Also available on https://veriten.com. This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit arjunmurti.substack.com

Click the link http://kalshi.com/r/MOSES or download the Kalshi App and use code MOSES to sign up and trade today! Checkout the Boock Report: https://boockreport.com On this episode of On the Tape, host Danny Moses sits down with returning guest Peter Boockvar — independent economist, market strategist, and CIO at OnePoint BFG Wealth Partners — for a wide-ranging conversation on the forces shaping today's markets. Peter and Danny dig into why yields finally started mattering to equity investors, the self-fulfilling momentum behind the AI trade, and China's rapid rise as a formidable competitor in EVs, robotics, semiconductors, and AI — and what that means for U.S. tech dominance. They also tackle the housing affordability crisis, the Fed's rate path, rising unemployment risk, and whether the U.S. consumer can hold up. Plus, Danny runs Peter through a series of event contract odds — from Fed rate cuts to S&P price targets — for a fast-paced gut-check on where markets are headed. --ABOUT THE SHOWFor decades, Danny has seen it all on Wall Street and has built his reputation on integrity, curiosity and skepticism that he will bring with him each week. Having traded through the Great Financial Crisis and being featured in "The Big Short" is only part of the experiences Danny wants to share with the listener. This weekly podcast cuts through market noise, offering entertaining and informative discussions with expert guests giving their views of the financial world and the human side of it. Whether you're a seasoned investor or just getting started, On The Tape provides something for all listeners.Follow Danny on X: @dmoses34The financial opinions expressed are for information purposes only. The opinions expressed by the hosts and participants are not an attempt to influence specific trading behavior, investments, or strategies. Past performance does not necessarily predict future outcomes. No specific results or profits are assured when relying on this content.Before making any investment or trade, evaluate its suitability for your circumstances and consider consulting your own financial or investment advisor. The financial products discussed in 'On The Tape' carry a high level of risk and may not be appropriate for many investors. If you have uncertainties, it's advisable to seek professional advice. Remember that trading involves a risk to your capital, so only invest money that you can afford to lose.Derivatives are not suitable for all investors and involve the risk of losing more than the amount originally deposited and any profit you might have made. This communication is not a recommendation or offer to buy, sell or retain any specific investment or service.

The Listing Bits Podcast is now available on your favorite podcast player! Overview Greg Robertson sits down with Atticus LeBlanc, founder and CEO of PadSplit, to discuss the affordable housing crisis and how room-by-room rentals can create housing opportunities for people who are priced out of traditional apartments. Atticus shares his journey from commercial real estate broker to housing entrepreneur, the origins of PadSplit during the Great Financial Crisis, and how the company has grown from a single prototype house to more than 33,000 beds nationwide. The conversation explores shared housing, affordability challenges, real estate investing, and the role technology can play in expanding access to housing. Key Takeaways Atticus grew up in New Orleans, studied Architecture and Urban Studies at Yale University, and credits competitive swimming with teaching resilience and persistence. After entering commercial real estate during the early stages of the housing crash, he discovered an overlooked opportunity in room-by-room housing. A chance encounter with tenants Mitch and Otis led to his first rooming-house experiment, revealing strong demand from renters who couldn't qualify for traditional apartments. PadSplit was founded in 2017 to provide the operational and technology infrastructure needed to make shared housing scalable. The platform functions similarly to Airbnb, connecting hosts with renters while handling marketing, screening, payments, move-ins, and support. Many PadSplit residents are workers earning modest incomes who are unable to meet traditional apartment qualification requirements despite having stable employment. The company has grown from 82 beds in 2018 to roughly 33,000 beds today. Shared housing can help homeowners offset mortgage costs and create pathways toward real estate investing. Atticus argues that local market knowledge often matters more than national data when identifying successful housing opportunities. The average PadSplit resident stays about nine and a half months, though many remain for years due to the affordability and stability the model provides. Links Padsplit Atticus on LinkedIn Sponsors Aligned Showings — MLS-owned showing software built to simplify scheduling, improve communication, and keep MLS data where it belongs. Giant Steps Job Board – Built for organized real estate and PropTech, not generic tech bros and recruiters who don't know what an MLS is. Production and editing services by: Sunbound Studios

Click the link http://kalshi.com/r/MOSES or download the Kalshi App and use code MOSES to sign up and trade today!Checkout the Boock Report: https://boockreport.com/On this episode of On the Tape, host Danny Moses sits down with returning guest Peter Boockvar — independent economist, market strategist, and CIO at OnePoint BFG Wealth Partners — for a wide-ranging conversation on the forces shaping today's markets. Peter and Danny dig into why yields finally started mattering to equity investors, the self-fulfilling momentum behind the AI trade, and China's rapid rise as a formidable competitor in EVs, robotics, semiconductors, and AI — and what that means for U.S. tech dominance. They also tackle the housing affordability crisis, the Fed's rate path, rising unemployment risk, and whether the U.S. consumer can hold up. Plus, Danny runs Peter through a series of event contract odds — from Fed rate cuts to S&P price targets — for a fast-paced gut-check on where markets are headed.--ABOUT THE SHOWFor decades, Danny has seen it all on Wall Street and has built his reputation on integrity, curiosity and skepticism that he will bring with him each week. Having traded through the Great Financial Crisis and being featured in "The Big Short" is only part of the experiences Danny wants to share with the listener. This weekly podcast cuts through market noise, offering entertaining and informative discussions with expert guests giving their views of the financial world and the human side of it. Whether you're a seasoned investor or just getting started, On The Tape provides something for all listeners.Follow Danny on X: @dmoses34The financial opinions expressed are for information purposes only. The opinions expressed by the hosts and participants are not an attempt to influence specific trading behavior, investments, or strategies. Past performance does not necessarily predict future outcomes. No specific results or profits are assured when relying on this content.Before making any investment or trade, evaluate its suitability for your circumstances and consider consulting your own financial or investment advisor. The financial products discussed in 'On The Tape' carry a high level of risk and may not be appropriate for many investors. If you have uncertainties, it's advisable to seek professional advice. Remember that trading involves a risk to your capital, so only invest money that you can afford to lose.Derivatives are not suitable for all investors and involve the risk of losing more than the amount originally deposited and any profit you might have made. This communication is not a recommendation or offer to buy, sell or retain any specific investment or service. Hosted on Acast. See acast.com/privacy for more information.

David Thomas, the outgoing chief executive of Barratt Redrow, says bricklaying robots are already being deployed on commercial building sites and predicts a revolution in how homes are built over the next decade.Factory-built timber frames, off-site manufacturing and “brick-simulation” cladding are beginning to reshape the construction industry, reducing the amount of labour required on site and changing how developments are assembled. Thomas believes the biggest transformation will come beyond ten years, as automation and factory production become increasingly embedded across housebuilding.The industry has struggled with recruitment for more than two decades, with far fewer young people entering trades such as bricklaying, plumbing and electrical work than in previous generations. Drone technology and AI are also becoming more common across large developments, helping with surveying, infrastructure monitoring and site security — though Thomas sees technology augmenting workers rather than replacing them entirely.He also explores the mounting pressures facing Britain's housing market, warning that conditions for first-time buyers are now as difficult as they have been since the Great Financial Crisis, but without the government support schemes that existed in 2009. Student debt, higher borrowing costs and rising interest rate expectations following the recent Middle East conflict are all reducing affordability and pushing the average age of home ownership higher.At the same time, the cost of building homes has surged. Thomas says construction costs have risen by around £75,000 per typical property in just five years, driven by inflation, supply chain disruption and tightening environmental regulation. The shift away from gas boilers towards air source heat pumps is adding thousands more to the cost of new homes, whilst repeated periods of 40-degree heat are forcing the industry to rethink how houses are designed for a warmer future.Presenter: Sean Farrington Producer: Olie D'Albertanson Editor: Henry Jones03:40 Climate change and overheating homes 11:12 Rising build costs 18:32 Housing demand, affordability and regional challenges 21:18 First-time buyers: toughest market since the financial crisis 26:20 Supply and demand: a whole generation at risk 28:18 Interest rates, the war in Iran and market uncertainty 38:21 Skills shortages and the future of construction 40:20 Bricklaying robots, factory production and modern methods 42:57 AI, drones and technology on building sites

 David Zaring is legal scholar and professor at the University of Pennsylvania. In David's first appearance on the show, he discusses the role the Great Financial Crisis played in FinReg scholarship, how he came up with the term "skinny" in the new skinny Fed master accounts, the tumultuous road of Custodia vs. the Fed, a reimagined way to look at federal bank charters, whether commerce and banking are actually still separate, Fed independence and how it functions in a more corporatist model, and much more. Watch the full length video on our new YouTube Channel! Check out the transcript for this week's episode, now with links. Recorded on April 24th, 2026 Subscribe to David's Substack: Macroeconomic Policy Nexus Follow David Beckworth on X: @DavidBeckworth Follow David Zaring X: @ZaringDavid Follow the show on X: @Macro_Musings Check out our Macro Musings merch! Timestamps 00:00:00 - Intro 00:02:04 - The Great Financial Crisis and FinReg Scholarship 00:04:58 - David's Experience with Fintech Charter Litigation 00:17:18 - Skinny Charters 00:37:16 - How to Govern the Fed 00:55:10 - Outro

In this episode, Ted Oakley, founder and managing partner of Oxbow Advisors with 49 years in the business, returns to discuss the stark disconnect between Wall Street momentum and the collapsing consumer, revealing credit card and auto loan delinquencies are now at Great Financial Crisis levels while the economy has shifted from K-shaped to "i-shaped" with only a tiny dot at the top. He explains his letter "The Gambler" addresses how younger investors have abandoned real investing for a betting culture of sports gambling, one-day options, and Bitcoin, while most advisors no longer know when to "hold 'em or fold 'em." Ted maintains 50% cash in short-term treasuries, predicts inflation will hit 4.25% in May rising to 4.75% by fall with financial repression as the only way out of the debt trap, and reveals energy is his largest position up 35% year-to-date despite being only 3% of the S&P (it was 33% in 1980). He expects energy to rip like gold and silver did last year since nobody owns it yet, outlines his "well to the end" strategy covering producers to pipelines to rigs, confirms we're in early innings of a commodity super cycle, and warns speculation will continue pushing until a recession breaks the momentum. Ted draws parallels to 1999 when shorts got killed for nine more months, sees no recession on the horizon yet to break the fever, and cautions that baby boomers age 65+ hold more stock than ever in history making them the worst positioned he's ever seen for the eventual wealth transfer.Links:Oxbow Advisors: https://oxbowadvisors.com/YouTube: https://www.youtube.com/@OxbowAdvisorsX: https://x.com/Oxbow_AdvisorsBook: https://www.amazon.com/Second-Generation-Wealth-What-Want/dp/1966629168Timestamps: 0:00 Introduction - Ted Oakley returns, founder of Oxbow Advisors0:56 Two different things - Wall Street vs. the economy1:42 Consumer keeps falling apart - Credit card delinquencies at GFC levels2:24 K-shaped economy becoming more like an "i-shaped" economy3:32 "The Gambler" letter - Younger investors just betting, not investing4:02 Betting culture - Sports betting, one-day options, Bitcoin5:21 Know when to hold them, know when to fold them5:39 Cash position at 50% in short-term treasuries6:41 Long bond move - Topped 5.19% on 30-year6:57 Late 70s/early 80s parallel - Inflation went from 5% to 18%7:49 Are bond vigilantes coming back?7:54 Bond market eventually rules everything8:21 Expectation of more inflation ahead8:27 May CPI could come in at 4.25% or higher, 4.5-4.75% by fall9:30 Financial repression is the only way out10:36 Can't see how Fed cuts rates at all11:09 Asset holders benefited from inflation but that changes in linear inflation12:18 Energy is largest position - Up 35% vs. S&P's 20%13:11 Big tech stocks barely up from November/December levels13:41 Semiconductors probably at high for next 5 years14:34 Energy dramatically underweight in portfolios - Only 3% of S&P15:03 1980: Energy was 33% of S&P15:54 Energy names - Well to the end strategy16:53 Producers, midstream, rigs - The whole package17:34 Where we are in commodity cycle - Early innings18:38 Commodity positions - Rio Tinto, Vale, uranium, antimony, critical minerals19:18 Oil price and energy thesis20:16 AutoZone warning on motor oil shortages coming20:54 Precious metals positioning today21:54 Gold could go to $4,000 or $3,800 - Shake out momentum players23:12 1999 parallel - Momentum could continue 9 more months24:19 No recession on horizon - Need that to break momentum25:14 Speculative nature pushes until recession breaks it25:51 Second Generation Wealth - Massive wealth transfer concerns26:31 Baby boomers 65+ have most stock in assets ever in history27:22 Closing thoughts

Money Moves What does a financial system look like right before it breaks? With the US 30-year Treasury bond yield hitting 5.19%—the highest since the 2007 Great Financial Crisis—the warning signs are flashing red. In this solo episode of Money Moves, host Matty A. unpacks the massive macroeconomic divergence that Wall Street isn't talking about.While the stock market rips to new all-time highs, the underlying economy is facing a historic squeeze. Matty breaks down the "Five Dominoes" currently falling across the global economy, triggered by the Iran conflict and fueled by an unsustainable $39 trillion US debt crisis. From skyrocketing commodity prices to the $900 billion commercial real estate debt wall maturing this year, this episode delivers a sobering reality check. Most importantly, Matty shares three exact, actionable moves every investor needs to make right now to protect their portfolio and capitalize on the shifting landscape.Episode Highlights:The Five Dominoes: How the shutdown of the Strait of Hormuz triggered a 60% spike in crude oil, reaccelerated inflation, and spiked bond yields.The $39 Trillion Elephant: The US is running a $1.2 trillion deficit in just six months, with interest expenses hitting $3 billion per day. How this debt load threatens the purchasing power of the US dollar.Real Estate Gridlock: With 30-year mortgage rates creeping toward 7% and commercial assets facing negative real rent growth, Matty details the margin compression crisis hiding in plain sight.The Stagflation Threat: Comparing today's CPI charts and geopolitical shocks to the crushing 1970s and 1980s stagflation era.3 Actionable Moves: Why you must re-underwrite every deal for higher rates, pivot to inflation-resistant assets, and watch the 10-year Treasury yield like a hawk.Timestamps:00:00 – Intro: The warning signs of a breaking financial system.02:21 – Matty A. sets the stage: Why these numbers matter for your deals.03:45 – The 5 Dominoes: From the Iran conflict to a massive energy shock.06:11 – Domino 4: The bond market rebellion and spiking Treasury yields.07:05 – Domino 5: The $39 trillion US debt crisis explained.09:30 – How massive government deficits are destroying bond prices.12:30 – The immediate impact on mortgages, homebuyers, and sluggish sales.15:15 – The commercial real estate crisis: $900 billion in maturing debt.18:22 – Stagflation parallels: Are we repeating the 1970s economic freeze?20:21 – The 10-year Treasury: The beating heart of the US dollar system.24:19 – The Fed's trap: Will they be forced to print more money to suppress yields?27:06 – Why the odds of a rate hike just hit 36%.28:00 – 3 specific moves you need to make to protect and grow your wealth right now.Connect & Take Action:Wealth Intelligence Brief: Text "WIB" to 844-447-1555 to get Matty's free macro data, real estate intel, and crypto signals delivered to your inbox 3 times a week.Imagos Income Fund: Text "INCOME" or "DEALS" to 844-447-1555 to learn more about Matty A's private debt fund targeting 10% fixed returns paid out monthly.

Feeling like life just doesn't fit anymore?Well, Heather Masters is here to sprinkle some wisdom on that!In this episode of the Choosing Happy Podcast, we dive into the idea that maybe, just maybe, the life that feels too snug is actually a sign that you're ready for a fabulous upgrade! Heather shares her journey through a world of monumental changes—like the time we all had to figure out what a computer mouse was (spoiler: it's not a pet!).We chat about the beauty of Generation X being the bridge between the old and new, and how this perspective helps us not just survive but thrive amidst the chaos.So grab a cuppa, kick back, and let's shift gears together, because it's time to embrace the life that truly fits you!The DetailsIn a world that's changing faster than a chameleon on a rainbow, Heather Masters is here to remind us that feeling like your life no longer fits isn't the end—it's merely the beginning of a new chapter!With her trademark warmth and wit, she shares tales from her Gen X upbringing, where floppy disks were all the rage and computers had a learning curve steeper than a rollercoaster. It's a nostalgic stroll down memory lane that sets the stage for a conversation about resilience and adaptability in the face of constant change.As Heather reflects on monumental events that shaped her generation—from the IRA bombings to the Great Financial Crisis—the takeaway is clear: we've been through the wringer and come out stronger on the other side!She posits that the struggles and uncertainties we face today aren't just challenges; they're opportunities for growth. And while younger generations might be overwhelmed by the digital noise, Gen X brings a unique perspective to the table—one that blends the old with the new, the analog with the digital. In this episode, Heather encourages listeners to reclaim their power in a time of uncertainty.She highlights that it's perfectly fine to feel like your old life no longer fits; it doesn't mean you've failed. Instead, it's about recognising that you've grown, and with growth comes the need for change.She's on a mission to empower women to step confidently into a future that aligns with their true selves. So if you're feeling stuck, get ready to be inspired! Heather's insights might just be the spark you need to ignite a new passion or venture.And hey, if you're looking for a little guidance, she's got coaching spots open—because the world needs you to show up as your best self!Chapters:00:17 - Embracing Change: A New Perspective02:49 - The Shift from Offline to Online Living04:29 - Navigating Change: The Role of Gen X in an Uncertain World07:10 - Navigating Change: The Perspective of Generation X08:31 - Embracing Change: The Gift of New BeginningsTakeaways:Life that feels out of place isn't a sign of failure; it's a sign of readiness for something new!Generation X has been through monumental changes, making us adaptable to shifting times and circumstances.When the world gets noisy, we need perspective; let's remember our roots and what we know!If your life no longer fits, don't panic—this could be the universe nudging you into your next great adventure!Embracing change means recognising that it's not about starting over, but growing into who you truly are.The wisdom from our experiences equips us to handle life's uncertainties with grace and clarity.

What do the 2000 dot-com crash, the 2008 Great Financial Crisis, and the 2022 interest rate shock have in common? They wiped many multifamily operators out. Dwight Dunton survived all three. As founder and CEO of Bonaventure, Dwight and his team are responsible for $2.8 billion in assets under management (AUM). But Dwight didn't start a fund, raise capital, and figure it out as he went. He learned to grow and protect his own money first. At just 25 years old, while his peers chased flashy internet stocks, Dwight acquired a 378-unit apartment community. He was stepping into a struggling asset that demanded sizable improvements and millions in repairs, but this experience provided a crash course in operations, value-add investing, and asset management. Dwight says to become an old, rich investor, you've got to 1. get old and 2. not get wiped out along the way. So, he focuses on “asymmetric” investing opportunities that have capped downside but plenty of upside for good operators. Then, he further de-risks these assets by insourcing the things most operators would outsource.   In today's conversation, we discuss all of this—the power of vertical integration, protecting assets and capital through downturns, and why long-term, buy-and-hold investing remains the surest path to generational wealth. Insights from today's episode: - How Dwight protects his assets and capital with “anti-wipeout” investing - The keys to building a business that can survive any “Black Swan” event - Acquiring and managing a 378-unit apartment community at 25 years old - How to dramatically improve revenue with vertical integration - Why supply constraint, not job growth, is the surprising main driver of multifamily success — Connect with Dwight on LinkedIn   Bonaventure   Internet Subway   Vest Residential Recommended Resources: - Accredited Investors, you're invited to Join the Cash Flow Investor Club to learn how you can partner with Kevin Bupp on current and upcoming opportunities to create passive cash flow and build wealth. Join the Club! - If you're a high-net-worth investor with capital to deploy in the next 12 months and you want to build passive income and wealth with a trusted partner, go to InvestWithKB.com for opportunities to invest in real estate projects alongside Kevin and his team.  - Looking for the ultimate guide to passive investing? Grab a copy of my latest book, The Cash Flow Investor at KevinBupp.com.  Tap into a wealth of free information on Commercial Real Estate Investing by listening to past podcast episodes at KevinBupp.com/Podcast. 00:00 Intro 00:45 Buying 370+ Units at 25 07:09 Surviving (& Winning) in 2008 11:17 Don't Get Wiped Out! 18:12 Buy-and-Hold (Forever!) 23:20 Vertical Integration 101 32:40 What's Next for Dwight? 37:27 Connect with Dwight!

In the fifth episode of the season, the guys are joined by Mike Ewing, Chairman and CEO of Oak View National Bank (VA).  Mike expounds on his start in banking and his successes turning around banks who found themselves with credit issues in the ‘80s and '90s.  The conversation then transitions into how he formed and organized Oak View during the early days of the Great Financial Crisis.  Permeating through the entire discussion is Mike's passion for the role community banks play within their communities, and the people who develop the relationships to make that happen.  For more insights and ideas, visit DCG at DarlingConsulting.com or follow us on LinkedIn.

This episode might work better visually! Click here to watch on YouTube: https://youtu.be/F6p1s00YIck Carter Worth is BACK with the WAWD Substack boys for another edition of "Bourbon & Charts" Click the link http://kalshi.com/r/MOSES or download the Kalshi App and use code MOSES to sign up and trade today! Timecodes 0:00 - Intro 1:30 - SPX & Semis 14:30 - Gold, $AEM & Copper 23:00 - Yields 30:00 - Oil & Energy 36:30 - Single Names -- ABOUT THE SHOW For decades, Danny has seen it all on Wall Street and has built his reputation on integrity, curiosity and skepticism that he will bring with him each week. Having traded through the Great Financial Crisis and being featured in "The Big Short" is only part of the experiences Danny wants to share with the listener. This weekly podcast cuts through market noise, offering entertaining and informative discussions with expert guests giving their views of the financial world and the human side of it. Whether you're a seasoned investor or just getting started, On The Tape provides something for all listeners. Follow Danny on X: @dmoses34 The financial opinions expressed are for information purposes only. The opinions expressed by the hosts and participants are not an attempt to influence specific trading behavior, investments, or strategies. Past performance does not necessarily predict future outcomes. No specific results or profits are assured when relying on this content. Before making any investment or trade, evaluate its suitability for your circumstances and consider consulting your own financial or investment advisor. The financial products discussed in 'On The Tape' carry a high level of risk and may not be appropriate for many investors. If you have uncertainties, it's advisable to seek professional advice. Remember that trading involves a risk to your capital, so only invest money that you can afford to lose. Derivatives are not suitable for all investors and involve the risk of losing more than the amount originally deposited and any profit you might have made. This communication is not a recommendation or offer to buy, sell or retain any specific investment or service.

Veteran multifamily operator Dusty Wolf joins the Old Capital Real Estate Investing Podcast for a deep dive into the realities of apartment ownership, property management, and surviving multiple real estate cycles in Texas. With nearly five decades in the business and leadership over thousands of apartment units across Texas, Dusty shares firsthand lessons from some of the most challenging periods in commercial real estate history — including the oil crisis, the Savings & Loan collapse, the Great Financial Crisis, and today's multifamily slowdown. Dusty explains how every downturn forced owners and operators to adapt, become more professional, and focus on operational discipline. From the devastating impact of the 1986 tax reform changes to mass foreclosures and the creation of the RTC, this episode provides historical perspective that today's investors desperately need. The conversation also explores current apartment market challenges facing Texas owners, including declining occupancies in B & C class properties, demographic shifts, labor disruptions, rising operating costs, and the growing pressure on syndicators managing large investor groups. Dusty discusses why many operators underestimate the importance of staffing, vendor relationships, and resident retention — and why cutting corners during difficult times can permanently damage an asset. Key themes throughout the episode include: • Why professional property management matters more during downturns • Lessons learned from 40+ years of real estate cycles • The evolution of apartment syndication and investor expectations • Operational mistakes owners make during market stress • Why resident retention and customer service are critical in Texas multifamily • How patience and long-term thinking separate survivors from forced sellers • Why many experienced operators remain optimistic about 2026 and 2027 Dusty also shares candid advice for apartment investors navigating today's market: multifamily investing is not a "get rich quick" business. Success requires patience, strong operations, adequate capital, and a willingness to let experienced professionals manage the day-to-day execution. To contact Dusty Wolf: dwolf@centrapartners.com Ready to unlock the potential of multifamily syndications? Learn how Michael Becker's proven real estate syndication strategies can help you grow wealth and build long-term financial success. Visit SPIADVISORY.COM to start your journey today.

In a world shaken by crises, why does the dollar continue to dominate? In Dollar Dominance: Why It Rules the Global Economy and How to Challenge It (Policy Press, 2025) Photis Lysandrou explores the interaction between global instability and the enduring strength of the dollar. Drawing on examples from the 2008 Great Financial Crisis to the COVID-19 pandemic and Russia's invasion of Ukraine, the author reveals how uncertainty and instability in global trade, production and politics drives investors towards the safety of the dollar, reinforcing its dominance over other currencies. With clear and insightful analysis, Lysandrou reveals the true global financial foundations of dollar dominance, and lays out what it would take for other currencies such as the Euro to challenge its position Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/new-books-network

This episode might work better visually! Click here to watch on YouTube: https://youtu.be/F6p1s00YIckCarter Worth is BACK with the WAWD Substack boys for another edition of "Bourbon & Charts"Timecodes0:00 - Intro1:30 - SPX & Semis14:30 - Gold, $AEM & Copper23:00 - Yields30:00 - Oil & Energy36:30 - Single NamesCheckout the WAWD Substack: https://whatarewedoingonthedesk.substack.com/Subscribe to Worth Charting: https://www.worthcharting.com/--ABOUT THE SHOWFor decades, Danny has seen it all on Wall Street and has built his reputation on integrity, curiosity and skepticism that he will bring with him each week. Having traded through the Great Financial Crisis and being featured in "The Big Short" is only part of the experiences Danny wants to share with the listener. This weekly podcast cuts through market noise, offering entertaining and informative discussions with expert guests giving their views of the financial world and the human side of it. Whether you're a seasoned investor or just getting started, On The Tape provides something for all listeners.Follow Danny on X: @dmoses34The financial opinions expressed are for information purposes only. The opinions expressed by the hosts and participants are not an attempt to influence specific trading behavior, investments, or strategies. Past performance does not necessarily predict future outcomes. No specific results or profits are assured when relying on this content.Before making any investment or trade, evaluate its suitability for your circumstances and consider consulting your own financial or investment advisor. The financial products discussed in 'On The Tape' carry a high level of risk and may not be appropriate for many investors. If you have uncertainties, it's advisable to seek professional advice. Remember that trading involves a risk to your capital, so only invest money that you can afford to lose.Derivatives are not suitable for all investors and involve the risk of losing more than the amount originally deposited and any profit you might have made. This communication is not a recommendation or offer to buy, sell or retain any specific investment or service. Hosted on Acast. See acast.com/privacy for more information.

In a world shaken by crises, why does the dollar continue to dominate? In Dollar Dominance: Why It Rules the Global Economy and How to Challenge It (Policy Press, 2025) Photis Lysandrou explores the interaction between global instability and the enduring strength of the dollar. Drawing on examples from the 2008 Great Financial Crisis to the COVID-19 pandemic and Russia's invasion of Ukraine, the author reveals how uncertainty and instability in global trade, production and politics drives investors towards the safety of the dollar, reinforcing its dominance over other currencies. With clear and insightful analysis, Lysandrou reveals the true global financial foundations of dollar dominance, and lays out what it would take for other currencies such as the Euro to challenge its position Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/world-affairs

In a world shaken by crises, why does the dollar continue to dominate? In Dollar Dominance: Why It Rules the Global Economy and How to Challenge It (Policy Press, 2025) Photis Lysandrou explores the interaction between global instability and the enduring strength of the dollar. Drawing on examples from the 2008 Great Financial Crisis to the COVID-19 pandemic and Russia's invasion of Ukraine, the author reveals how uncertainty and instability in global trade, production and politics drives investors towards the safety of the dollar, reinforcing its dominance over other currencies. With clear and insightful analysis, Lysandrou reveals the true global financial foundations of dollar dominance, and lays out what it would take for other currencies such as the Euro to challenge its position Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/public-policy

In a world shaken by crises, why does the dollar continue to dominate? In Dollar Dominance: Why It Rules the Global Economy and How to Challenge It (Policy Press, 2025) Photis Lysandrou explores the interaction between global instability and the enduring strength of the dollar. Drawing on examples from the 2008 Great Financial Crisis to the COVID-19 pandemic and Russia's invasion of Ukraine, the author reveals how uncertainty and instability in global trade, production and politics drives investors towards the safety of the dollar, reinforcing its dominance over other currencies. With clear and insightful analysis, Lysandrou reveals the true global financial foundations of dollar dominance, and lays out what it would take for other currencies such as the Euro to challenge its position Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/economics

In a world shaken by crises, why does the dollar continue to dominate? In Dollar Dominance: Why It Rules the Global Economy and How to Challenge It (Policy Press, 2025) Photis Lysandrou explores the interaction between global instability and the enduring strength of the dollar. Drawing on examples from the 2008 Great Financial Crisis to the COVID-19 pandemic and Russia's invasion of Ukraine, the author reveals how uncertainty and instability in global trade, production and politics drives investors towards the safety of the dollar, reinforcing its dominance over other currencies. With clear and insightful analysis, Lysandrou reveals the true global financial foundations of dollar dominance, and lays out what it would take for other currencies such as the Euro to challenge its position Learn more about your ad choices. Visit megaphone.fm/adchoices

In a world shaken by crises, why does the dollar continue to dominate? In Dollar Dominance: Why It Rules the Global Economy and How to Challenge It (Policy Press, 2025) Photis Lysandrou explores the interaction between global instability and the enduring strength of the dollar. Drawing on examples from the 2008 Great Financial Crisis to the COVID-19 pandemic and Russia's invasion of Ukraine, the author reveals how uncertainty and instability in global trade, production and politics drives investors towards the safety of the dollar, reinforcing its dominance over other currencies. With clear and insightful analysis, Lysandrou reveals the true global financial foundations of dollar dominance, and lays out what it would take for other currencies such as the Euro to challenge its position Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/finance

The private credit landscape stands at a critical juncture amid rising technical defaults, restructurings, and redemption pressures. Our guest, Luca Blasi, draws on his unique experience in valuation, banking, and regulatory oversight, our industry expert observes parallels with the rapid growth, compressed risk premia, weaker underwriting discipline, and opaque pricing prevalent in the pre-GFC era, but highlights a key difference: today's capital is largely held by longer-horizon investors like pensions and insurers rather than highly leveraged banks. Luca analyzes potential spillover effects from private equity's current slower exits, echoes a clear need for better data standards and benchmarks in assessing risks, and makes a compelling case in reinforcing why defensible valuations depend on consistent methodology, transparent assumptions, and strong governance.  Key takeaways: •    Current long(er) horizon investor base is a key difference with pre-GFC environment  •    Difficulty in verifying underwriting quality necessitates looking beyond headline defaults •    Limited benchmarks and transaction data make valuations subjective and less comparable •    Strong governance demands independence, documentation, and timely valuations Guest:  Luca Blasi, PhD, FRM, Managing Director and Head of Private Markets Valuations and Regulatory Solutions, S&P Global Host: Howard Mah-Lee, ABV, CFA, CAIA Senior Manager, AICPA Valuation Services Continue reading to learn about key resources available at AICPA-CIMA.com to improve your valuation analyses. Please share your thoughts about the episode -  click here to leave us a review   Want to get involved with future FVS conferences, committees and advisory groups, task forces, or the standing ovation program? Send a message to infoFVS@aicpa-cima.com     RESOURCES FOR FURTHER EXPLORATION If you're using a podcast app that does not hyperlink to the resources, please visit our podcast platform to access the show notes with direct links.  Accounting and Valuation guides from AICPA  If you are an AICPA-FVS Section member see below for free access to these guides Valuation of Privately Held Companies Equity Securities Issued as Compensation Valuation of Portfolio Company Investments of Venture Capital and Private Equity Funds and Other Investment Companies Assets Acquired to Be Used in Research and Development Activities - Accounting and Valuation Guide Exclusive content available with AICPA FVS Section membership:  Click here to join this active community of your FVS peers. You will get 16 credits of complimentary CPE and access to rich technical content Valuation of Privately Held Companies Equity Securities Issued as Compensation Valuation of Portfolio Company Investments of Venture Capital and Private Equity Funds and Other Investment Companies The FVS Valuation Podcast archives Current Trends In Private Credit Markets 409A Valuations – What you Need to Know Libsyn Five | Financial Instrument Valuation Series: SAFEs, Convertible Notes, and Embedded Derivatives LEARN MORE ABOUT THE FOLLOWING AICPA CREDENTIALS: Accredited in Business Valuation (ABV®) –  Visit the home page and check out the ABV infographic Certified in the Valuation of Financial Instruments (CVFI®) –  Visit the home page , the alternative investment valuation resource and community page , and check out the CVFI infographic Certified in Financial Forensics (CFF®) -  Visit the home page and check out the CFF infographic This is a podcast from AICPA & CIMA, together as the Association of International Certified Professional Accountants. To enjoy more conversations from our global community of accounting and finance professionals, explore our network of free shows here. Your feedback and comments are welcomed at podcast@aicpa-cima.com  

Click the link http://kalshi.com/r/MOSES or download the Kalshi App and use code MOSES to sign up and trade today!Mike Green returns to discuss why U.S. equities hit record highs despite the Iran war and oil spike, arguing systematic 401(k) and volatility/trend strategies drove historic inflows and that markets had largely priced in fear via VIX, correlation, skew, and heavy hedging that later unwound. He critiques Nasdaq's new low-float multiplier rules as boosting demand for IPOs like SpaceX/OpenAI and warns S&P's proposal to waive profitability requirements could turn the index into a private-equity exit vehicle and alter its historical quality bias. Green views the Fed as mostly narrative-driven except during major rate shifts, faults data-dependence, and says inflation swaps don't show a breakout, while high rates act as a fiscal transfer that reinforces a K-shaped economy. He explains passive bond indexing can underweight long-duration Treasuries, potentially motivating buybacks/yield-curve-control-like actions. The conversation also covers AI capex, emerging AI-driven job restructuring favoring older workers, and Bitcoin's ETF-driven financialization and limited utility.Checkout Mike's SubStack: https://www.yesigiveafig.com/--ABOUT THE SHOWFor decades, Danny has seen it all on Wall Street and has built his reputation on integrity, curiosity and skepticism that he will bring with him each week. Having traded through the Great Financial Crisis and being featured in "The Big Short" is only part of the experiences Danny wants to share with the listener. This weekly podcast cuts through market noise, offering entertaining and informative discussions with expert guests giving their views of the financial world and the human side of it. Whether you're a seasoned investor or just getting started, On The Tape provides something for all listeners.Follow Danny on X: @dmoses34The financial opinions expressed are for information purposes only. The opinions expressed by the hosts and participants are not an attempt to influence specific trading behavior, investments, or strategies. Past performance does not necessarily predict future outcomes. No specific results or profits are assured when relying on this content.Before making any investment or trade, evaluate its suitability for your circumstances and consider consulting your own financial or investment advisor. The financial products discussed in 'On The Tape' carry a high level of risk and may not be appropriate for many investors. If you have uncertainties, it's advisable to seek professional advice. Remember that trading involves a risk to your capital, so only invest money that you can afford to lose.Derivatives are not suitable for all investors and involve the risk of losing more than the amount originally deposited and any profit you might have made. This communication is not a recommendation or offer to buy, sell or retain any specific investment or service. Hosted on Acast. See acast.com/privacy for more information.

Chris Temple, Editor and Publisher of the National Investor, joins us to review the macroeconomic trends moving the markets, and his outlook on US general equities, precious metals, and various segments of the critical minerals space. Chris also recaps some of the companies he just saw in person at a number of site visit tours throughout Nevada, California, and Arizona.   We start off discussing the Fed meeting earlier this week, and a brief summary of Jerome Powell's 8-year tenure as the head of the US central bank.  Next, we pivot over to the macro backdrop for incoming Fed head, Kevin Warsh; and the results that have accrued as the result of prior monetary and fiscal policy in the US and abroad.  Chris note the persistent issues of record sovereign debt loads, higher-for-longer inflation levels, greatly spurred along by excessive money printing over Jerome Powell's term, pressures from the war in the Middle East, and the potential for slowing economic growth and more meaningful pullback in the broad US equities in the medium-term.   Switching over to gold, silver, and the precious metals equities, Chris had warned subscribers earlier in the year that things had become overbought and gotten ahead of themselves and to fade that rally, anticipating a medium-term sector pullback. He pointed to the coming corrective move in the PM sector, that was then exasperated by the war in Iran, when many felt that would be a bullish driver for gold and silver. Central banks and generalist momentum investors had come into the precious metals over the last couple years, but then some of these same groups had shifted over to selling PMs over the last couple months, putting further pressure on the sector. Generalist investors are still very much fully deployed into US equity markets and in particular the tech stocks and AI trade, and have pushed those valuations to record levels. As a result they are less inclined to be following the future potential of the commodities stocks. Chris is prepared for a future corrective move in US stock markets, that would initially drag everything else down with it, including most commodity and resource stocks. However, he pointed to the 2009 period coming out of the Great Financial Crisis, where gold and silver rebounded quicker and went up more on a performance basis than the broad markets. He expects to see a similar trend after a market liquidity event, where the PMs rebound first and to a greater degree, and the rest of the metals complex will follow.   Next we shifted over to trends within the broad basket of Critical Minerals, where Chris makes the point that one can't paint them all with a broad brush, as some have unique fundamental or macro drivers and have popped up periodically like a game of “whack-a-mole.”   He pointed out that critical minerals like lithium, cobalt, and nickel had popped and then dropped over the last few years, but that he was more animated by uranium, fertilizers, magnesium, tungsten, titanium, copper, and zinc at present.   Wrapping up, Chris highlighted the companies he just met with on his multi-state site visit tour through Nevada, California, and Arizona including:   Gunnison Copper Corp. (TSX: GCU) (OTCQB: GCUMF), Nevada Organic Phosphate Inc. (CSE: NOP) (OTCQB: NOPFF), Integra Resources Corp. (TSXV: ITR) (NYSE American: ITRG), North Peak Resources Ltd. (TSXV: NPR) (OTCQB: NPRLF), Borealis Mining Company Limited (TSXV: BOGO) (OTCQB: BORMF), Apollo Silver Corp. (TSX.V: APGO) (OTCQB: APGOF), and Arizona Gold & Silver Inc.  (TSXV: AZS) (OTCQB: AZASF).    Click here to follow along with Chris at the National Investor website.   For more market commentary & interview summaries, subscribe to our Substacks:   The KE Report: https://kereport.substack.com/ Shad's resource market commentary: https://excelsiorprosperity.substack.com/     Investment disclaimer: This content is for informational and educational purposes only and does not constitute investment advice, an offer, or a solicitation to buy or sell any security. Investing in equities and commodities involves risk, including the possible loss of principal. Do your own research and consult a licensed financial advisor before making any investment decisions. Guests and hosts may own shares in companies mentioned, and companies profiled may be sponsors of the KE Report.    

What if the biggest shift in your FI journey isn't hitting the number—but finally realizing you need a life plan, a tax plan, and maybe even a fiduciary teammate to help you spend it? Bill steps into the guest chair with Morningstar's Christine Benz for a thoughtful, surprisingly candid conversation about going from financially illiterate "rich doctor syndrome" to fully conscious wealth stewardship. He walks through the entire arc. But this episode goes deeper than a standard "how I retired" story. This episode covers:  ➡️ Bill's path from paycheck-to-paycheck physician to financially independent late starter ➡️ How childhood money scripts and "rich doctor syndrome" shaped his early financial mistakes  ➡️ Why the Great Financial Crisis and burnout became a wake-up call ➡️ What changed when Bill moved from financial consumer to conscious wealth steward ➡️ Why accumulation can be DIY—but decumulation often gets more complex  ➡️ How Bill searched for a fiduciary, flat-fee, life-planning-oriented advisor ➡️ Why risk parity appealed to him for retirement and sequence-of-returns protection  ➡️ The role of a modern advisor as behavioral buffer, tax strategist, and cognitive-risk safeguard ➡️ Why FI gave Bill leverage to redesign work instead of just quit cold turkey  ➡️ How Bill is thinking about legacy, living giving, and helping the next generation now, not just later . === SUPPORT  THE  SHOW ===

On this episode of On the Tape, Danny interviews former Jets GM and current ESPN analyst Mike Tannenbaum about the NFL Draft, NIL, and his company The 33rd Team. Tannenbaum assesses the Jets' picks and the Giants' draft, noting roster fit, concerns about Malik Nabers' availability, and the impact of new coach Harbaugh on discipline and game management. He highlights Cleveland as a strong draft performer and questions Jacksonville's early tight end selection after paying a premium in the Travis Hunter trade, while also praising the Raiders' longer-term roster-building approach. The conversation turns to NIL's “wild west,” revenue sharing, and how money changes player motivation and scouting, then closes with Tannenbaum explaining how The 33rd Team evolved from expert content to real-time, actionable data products for pro and college football that support AI-driven decision-making.--ABOUT THE SHOWFor decades, Danny has seen it all on Wall Street and has built his reputation on integrity, curiosity and skepticism that he will bring with him each week. Having traded through the Great Financial Crisis and being featured in "The Big Short" is only part of the experiences Danny wants to share with the listener. This weekly podcast cuts through market noise, offering entertaining and informative discussions with expert guests giving their views of the financial world and the human side of it. Whether you're a seasoned investor or just getting started, On The Tape provides something for all listeners.Follow Danny on X: @dmoses34The financial opinions expressed are for information purposes only. The opinions expressed by the hosts and participants are not an attempt to influence specific trading behavior, investments, or strategies. Past performance does not necessarily predict future outcomes. No specific results or profits are assured when relying on this content.Before making any investment or trade, evaluate its suitability for your circumstances and consider consulting your own financial or investment advisor. The financial products discussed in 'On The Tape' carry a high level of risk and may not be appropriate for many investors. If you have uncertainties, it's advisable to seek professional advice. Remember that trading involves a risk to your capital, so only invest money that you can afford to lose.Derivatives are not suitable for all investors and involve the risk of losing more than the amount originally deposited and any profit you might have made. This communication is not a recommendation or offer to buy, sell or retain any specific investment or service. Hosted on Acast. See acast.com/privacy for more information.

Sarah Breeden, Deputy Governor of the Bank of England for financial stability, joins Big Boss Interview to discuss risks in the global financial system, the rapid growth of private credit, and whether markets are prepared for the next economic shock.She tells BBC Business Editor, Simon Jack the private credit market has grown to around $2.5 trillion in less than two decades, and says the BoE is watching the sector closely. She warns it has “never been tested at this scale” and that aspects of the market carry echoes of the period leading up to the 2008 financial crisis — including rising leverage, complex interconnections between funds, insurers, pension schemes and banks, and limited transparency compared to traditional lending.There are already signs of strain. Investors have begun pulling money out of some funds, while others have been gated or marked down. Breeden warns this could lead to what she describes as a “private credit crunch”, where companies reliant on this form of financing may struggle to refinance their debt. While distinct from a banking-led crisis, she says the consequences for the real economy could still be significant.At the same time, she highlights a growing disconnect between financial markets and underlying economic risks. Asset prices in some areas remain close to record highs despite geopolitical instability, persistent inflationary pressures and vulnerabilities within parts of the financial system. Breeden says the Bank expects an adjustment — meaning prices will fall — but stresses the key question is not whether this happens, but when and how sharply.A further concern is the reduced capacity of governments to respond to future crises. Sovereign debt levels are at historic highs, limiting the scope for large-scale fiscal intervention of the kind seen during the 2008 financial crisis or the energy shock following Russia's invasion of Ukraine. That places greater emphasis on ensuring the resilience of the financial system itself.Breeden says the scenario that most concerns her is a combination of risks materialising simultaneously — a macroeconomic downturn, a loss of confidence in private credit, and a sharp repricing of risky assets. It is this kind of convergence, she says, that “really keeps me awake at night”. The Bank is actively stress-testing such scenarios and working with international counterparts to ensure the system is prepared.While she notes that the banking sector is significantly better capitalised than before 2008, reducing the likelihood of a repeat of that crisis, the interview makes clear that new forms of risk are emerging in parallel — and that understanding how they interact will be critical in determining how resilient the global financial system proves to be.Presenter: Simon Jack Producer: Ollie Smith & Olie D'AlbertansonPicture: Bank of England

Industrial policy - government intervention in the economy - is on the rise around the world. Is this a new era for global trade, and what will be the impact on economies and international relations? Speakers: Erik Peterson, Partner and Managing Director, Global Business Policy Council, Kearney Lizhi Liu, Assistant Professor, McDonough School of Business, Georgetown University Links: Forum Stories: Governments are now economic super actors. What does this mean for business?: https://www.weforum.org/stories/2026/01/governments-economic-actors-the-challenge-for-business/ Four trends to watch as China's industrial policy evolves: https://www.weforum.org/stories/2026/02/china-industrial-policy-four-trends-to-watch/ Resources: New Industrial Policy Observatory (NIPO): https://globaltradealert.org/reports/new-industrial-policy-observatory-nipo Further reading: Kearney: From Globalization to Islandization: https://www.kearney.com/service/global-business-policy-council/article/-/insights/from-globalization-to-islandization OpenAI: Industrial Policy for the Intelligence Age: Ideas to Keep People First: https://cdn.openai.com/pdf/561e7512-253e-424b-9734-ef4098440601/Industrial%20Policy%20for%20the%20Intelligence%20Age.pdf Chokepoints, American Power in the Age of Economic Warfare, by Edward Fishman: https://www.penguinrandomhouse.com/books/726149/chokepoints-by-edward-fishman/ IMF: Industrial Policy Since the Great Financial Crisis: https://www.imf.org/en/publications/wp/issues/2025/10/31/industrial-policy-since-the-great-financial-crisis-570816 NBER: Decoding China's Industrial Policies: https://www.nber.org/papers/w33814 Exporting Automation, Not Just Goods: Evidence from China's Industrial Robot Exports by Zhengrui Cheng, Shiliang Cui, Lizhi Liu: https://papers.ssrn.com/sol3/papers.cfm?abstract_id=6399698 Related podcasts: Superpower rivalry and geopolitics in Trump 2.0: https://www.weforum.org/podcasts/radio-davos/episodes/geopolitics-lynn-kuok-the-national/ "New era, new mood, new challenges" - historian Adam Tooze on why things will never be the same again: https://www.weforum.org/podcasts/radio-davos/episodes/adam-tooze-cnbc-china-us-history/ Tariffs, globalization, and democracy, with Harvard economist Dani Rodrik: https://www.weforum.org/podcasts/radio-davos/episodes/dani-rodrik-economics-globalization-tariffs/ Check out all our podcasts on wef.ch/podcasts:  YouTube: https://www.youtube.com/@wef Radio Davos - subscribe: https://pod.link/1504682164 Meet the Leader - subscribe: https://pod.link/1534915560 Agenda Dialogues - subscribe: https://pod.link/1574956552  

Click the link http://kalshi.com/r/MOSES or download the Kalshi App and use code MOSES to sign up and trade today!Danny Moses welcomes back 22V Research president and chief market strategist Dennis DeBusschere to discuss why markets are making new highs despite war in Iran, soaring oil, tariff uncertainty, and a partial government shutdown. DeBusschere cites surprising economic resilience, fiscal rebates, and “non-QE QE” liquidity as supports, while warning that an energy shock could pressure real incomes and that inflation remains the key constraint that could push yields higher if growth reaccelerates. They debate the “everything rally,” easing financial conditions, stronger-than-expected profit growth tied to AI, and sector positioning favoring AI-related early cyclicals and services while fading non-AI deeper cyclicals. DeBusschere shares 22V survey shifts toward more clients expecting Fed tightening. They also discuss 22V hires and Kalshi event-contract picks on S&P 500 levels, Fed cuts, and the Knicks, plus Danny's additional Kalshi trades tied to Jerome Powell's status.--ABOUT THE SHOWFor decades, Danny has seen it all on Wall Street and has built his reputation on integrity, curiosity and skepticism that he will bring with him each week. Having traded through the Great Financial Crisis and being featured in "The Big Short" is only part of the experiences Danny wants to share with the listener. This weekly podcast cuts through market noise, offering entertaining and informative discussions with expert guests giving their views of the financial world and the human side of it. Whether you're a seasoned investor or just getting started, On The Tape provides something for all listeners.Follow Danny on X: @dmoses34The financial opinions expressed are for information purposes only. The opinions expressed by the hosts and participants are not an attempt to influence specific trading behavior, investments, or strategies. Past performance does not necessarily predict future outcomes. No specific results or profits are assured when relying on this content.Before making any investment or trade, evaluate its suitability for your circumstances and consider consulting your own financial or investment advisor. The financial products discussed in 'On The Tape' carry a high level of risk and may not be appropriate for many investors. If you have uncertainties, it's advisable to seek professional advice. Remember that trading involves a risk to your capital, so only invest money that you can afford to lose.Derivatives are not suitable for all investors and involve the risk of losing more than the amount originally deposited and any profit you might have made. This communication is not a recommendation or offer to buy, sell or retain any specific investment or service. Hosted on Acast. See acast.com/privacy for more information.

Democrats don't understand the reality of success. PLUS, Todd Sheets, author of 2008: What Really Happened - Understanding the Great Financial Crisis, discusses President Trump's fight back against the socialist agenda that was ushered in under Obama and Biden and how the Trump Accounts will fuel our future economy. And Scott 'The Cow Guy' Shellady, host of Cow Guy Close on RFD-TV, talks to Shaun about the different taxes on oil, our growing economy despite the world events today, and how sanctuary city benefits are a scam to taxpayers.See omnystudio.com/listener for privacy information.

Mobile home parks are often labeled “recession-proof,” and it's largely true. They were some of the most resilient assets throughout the Great Financial Crisis, when single-family homes, multifamily apartments, and most other asset classes saw deep distress. But what is it about mobile home parks that make them seemingly “safe,” and is there a catch? Jack Martin, co-founder and CIO of 52TEN, was investing in real estate before, during, and after the 2008 housing market crash, and the fallout caused him to reconsider where he wanted to invest for the next 10, 20, or 30 years. In this episode, he shares exactly why he pivoted from multifamily apartments to “safer,” more recession-resistant mobile home parks, and delivers crucial advice on gauging market demand, “conservative” underwriting, and scaling your investments in today's market. The truth is, mobile home parks are strong investments, but only with good operators. Those who understand the asset, market, and tenant dynamics usually stay profitable—even in a worst-case scenario. But those who underwrite mobile home parks just like they would any other real estate asset are in for a rude awakening. Insights from today's episode: Why Jack exited multifamily apartments for mobile home parks after 2008 Why mobile home parks are more “recession-proof” than other asset classes Practical ways to gauge mobile home park demand in a new market The three biggest challenges mobile home park investors face in 2026 Why “cheaper” is rarely better when buying a mobile home park — Connect with Jack on LinkedIn 52TEN Recommended Resources: Accredited Investors, you're invited to Join the Cashflow Investor Club to learn how you can partner with Kevin Bupp on current and upcoming opportunities to create passive cash flow and build wealth. Join the Club! If you're a high-net-worth investor with capital to deploy in the next 12 months and you want to build passive income and wealth with a trusted partner, go to InvestWithKB.com for opportunities to invest in real estate projects alongside Kevin and his team.  Looking for the ultimate guide to passive investing? Grab a copy of my latest book, The Cash Flow Investor at KevinBupp.com.  Tap into a wealth of free information on Commercial Real Estate Investing by listening to past podcast episodes at KevinBupp.com/Podcast. 0:00 Intro 0:58 Jack's Investing Journey 3:52 The Fallout of 2008 10:17 Pivoting to Mobile Home Parks 18:14 "Recession-Proof" Assets 28:10 Gauging Market Demand 36:19 "Painful" Lessons Learned 48:33 Connect with Jack!

Danny Moses reunites with former partners Porter Collins and Vincent Daniel to discuss trading and positioning amid a fluid backdrop including Middle East conflict and Iran de-escalation headlines, quarter-end effects, and how energy infrastructure drives both the war's stakes and market reactions. The group frames the key macro inputs as oil, interest rates, and the dollar, arguing higher rates and volatility pressure equity multiples, while government debt and potential Fed/Treasury actions support their bullish gold thesis and preference for cheap gold miners. They debate Mag 7 reflex rallies driven by bearish positioning, rotation risks for energy, private credit/PE firm opportunities and regulatory threats, and provide cautious updates on Fannie/Freddie preferreds. They close with Masters picks and betting strategies, including Xander Schauffele, Fitzpatrick, and others.Checkout the WAWD Substack Here: https://whatarewedoingonthedesk.substack.com/Timecodes00:00 - WAWD Updates04:06 - Taco Tuesday Macro Chaos08:20 - Rates Debt And Gold19:11 - Volatility and Positioning25:15 - Private Credit and Policy Risk32:23 - Masters Picks and Wrap--ABOUT THE SHOWFor decades, Danny has seen it all on Wall Street and has built his reputation on integrity, curiosity and skepticism that he will bring with him each week. Having traded through the Great Financial Crisis and being featured in "The Big Short" is only part of the experiences Danny wants to share with the listener. This weekly podcast cuts through market noise, offering entertaining and informative discussions with expert guests giving their views of the financial world and the human side of it. Whether you're a seasoned investor or just getting started, On The Tape provides something for all listeners.Follow Danny on X: @dmoses34The financial opinions expressed are for information purposes only. The opinions expressed by the hosts and participants are not an attempt to influence specific trading behavior, investments, or strategies. Past performance does not necessarily predict future outcomes. No specific results or profits are assured when relying on this content.Before making any investment or trade, evaluate its suitability for your circumstances and consider consulting your own financial or investment advisor. The financial products discussed in 'On The Tape' carry a high level of risk and may not be appropriate for many investors. If you have uncertainties, it's advisable to seek professional advice. Remember that trading involves a risk to your capital, so only invest money that you can afford to lose.Derivatives are not suitable for all investors and involve the risk of losing more than the amount originally deposited and any profit you might have made. This communication is not a recommendation or offer to buy, sell or retain any specific investment or service. Hosted on Acast. See acast.com/privacy for more information.

How the Iran conflict and other developments could lead to another major financial crisis. What is different today from 2008? Why trying to seed a revolution is so risky. And finally, what can we do to prepare ourselves for the next financial crisis?SponsorsDelete Me – Use code David20 to get 20% offLive Portfolio Cohort - May 2026Insiders Guide Email NewsletterGet our free Investors' Checklist when you sign up for the free Money for the Rest of Us email newsletterOur Premium ProductsAsset CampMoney for the Rest of Us PlusShow NotesRead Trump's full statement on Iran attacks—PBS NewsI Predicted the 2008 Financial Crisis. What Is Coming May Be Worse. By Richard Bookstaber—The New York TimesThe End of Theory: Financial Crises, the Failure of Economics, and the Sweep of Human Interaction By Richard BookstaberThe Poverty of Historicism By Karl PopperIran Is Trying to Defeat America in the Living Room By Karim Sadjadpour—The AtlanticIran war is the greatest threat to global energy ‘in history', warns IEA By Malcom Moore—Financial Times‘Once and for All' Means Never By Thomas L. Friedman—The New York TimesAI Isn't Coming for Everyone's Job By Adam Ozimek—The AtlanticRelated Episodes291: How To Survive the Coronavirus (COVID-19) Shutdown377: What If It's Different This Time?See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Welcome to a very special Money On Film miniseries!Over three episodes, Slate Money's Felix Salmon and Slate culture writer Nadira Goffe revisit three films at the intersection of culture and finance. On this episode, we're headed to Wall Street to watch a Felix Salmon favorite: Margin Call, the 2011 thriller-drama starring a long list of famous people, including Jeremy Irons, Paul Bettany, Stanley Tucci, Demi Moore, and yes, Kevin Spacey.Directed by J. C. Chandor, the film takes place at an investment bank on the brink of the Great Financial Crisis, as financiers struggle to maintain their balance sheets against the greatest villain of the aughts: mortgage-backed securities.Coming up on Money On Film: the 2025 rom-com Materialists, followed by the animated masterpiece Spirited Away from 2001. See you next time! Hosted on Acast. See acast.com/privacy for more information.

Welcome to a very special Money On Film miniseries!Over three episodes, Slate Money's Felix Salmon and Slate culture writer Nadira Goffe revisit three films at the intersection of culture and finance. On this episode, we're headed to Wall Street to watch a Felix Salmon favorite: Margin Call, the 2011 thriller-drama starring a long list of famous people, including Jeremy Irons, Paul Bettany, Stanley Tucci, Demi Moore, and yes, Kevin Spacey.Directed by J. C. Chandor, the film takes place at an investment bank on the brink of the Great Financial Crisis, as financiers struggle to maintain their balance sheets against the greatest villain of the aughts: mortgage-backed securities.Coming up on Money On Film: the 2025 rom-com Materialists, followed by the animated masterpiece Spirited Away from 2001. See you next time! Hosted on Acast. See acast.com/privacy for more information.

Welcome to a very special Money On Film miniseries!Over three episodes, Slate Money's Felix Salmon and Slate culture writer Nadira Goffe revisit three films at the intersection of culture and finance. On this episode, we're headed to Wall Street to watch a Felix Salmon favorite: Margin Call, the 2011 thriller-drama starring a long list of famous people, including Jeremy Irons, Paul Bettany, Stanley Tucci, Demi Moore, and yes, Kevin Spacey.Directed by J. C. Chandor, the film takes place at an investment bank on the brink of the Great Financial Crisis, as financiers struggle to maintain their balance sheets against the greatest villain of the aughts: mortgage-backed securities.Coming up on Money On Film: the 2025 rom-com Materialists, followed by the animated masterpiece Spirited Away from 2001. See you next time! Hosted on Acast. See acast.com/privacy for more information.

Welcome to a very special Money On Film miniseries!Over three episodes, Slate Money's Felix Salmon and Slate culture writer Nadira Goffe revisit three films at the intersection of culture and finance. On this episode, we're headed to Wall Street to watch a Felix Salmon favorite: Margin Call, the 2011 thriller-drama starring a long list of famous people, including Jeremy Irons, Paul Bettany, Stanley Tucci, Demi Moore, and yes, Kevin Spacey.Directed by J. C. Chandor, the film takes place at an investment bank on the brink of the Great Financial Crisis, as financiers struggle to maintain their balance sheets against the greatest villain of the aughts: mortgage-backed securities.Coming up on Money On Film: the 2025 rom-com Materialists, followed by the animated masterpiece Spirited Away from 2001. See you next time! Hosted on Acast. See acast.com/privacy for more information.

Welcome to a very special Money On Film miniseries!Over three episodes, Slate Money's Felix Salmon and Slate culture writer Nadira Goffe revisit three films at the intersection of culture and finance. On this episode, we're headed to Wall Street to watch a Felix Salmon favorite: Margin Call, the 2011 thriller-drama starring a long list of famous people, including Jeremy Irons, Paul Bettany, Stanley Tucci, Demi Moore, and yes, Kevin Spacey.Directed by J. C. Chandor, the film takes place at an investment bank on the brink of the Great Financial Crisis, as financiers struggle to maintain their balance sheets against the greatest villain of the aughts: mortgage-backed securities.Coming up on Money On Film: the 2025 rom-com Materialists, followed by the animated masterpiece Spirited Away from 2001. See you next time! Hosted on Acast. See acast.com/privacy for more information.

Multifamily deals don't pencil the way they used to. If you've been underwriting properties lately and wondering what changed, you're not alone. In this episode, Nico Salgado breaks down why multifamily deals that worked just a few years ago are falling apart today. Interest rates have jumped, lenders have tightened their standards, operating expenses have surged, and CapEx requirements are forcing investors to rethink their underwriting models. But this shift isn't necessarily bad news. In fact, it may be creating one of the best buying opportunities since the Great Financial Crisis. Nico explains how lenders are underwriting deals today, why leverage has dropped across the board, how rising expenses are impacting returns, and why serious operators are adjusting their assumptions instead of sitting on the sidelines. If you're actively analyzing deals or trying to understand where the multifamily market is headed, this episode will help you see what's really happening behind the numbers. Because deals may not pencil the way they used to… but disciplined investors know how to adapt. And those who understand the shift may be positioned to capitalize on the next cycle. Reading about deals doesn't make you an investor. Buying buildings does.