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Follow On The Margin On Spotify: https://spoti.fi/46WWQ6T Follow On The Margin On Apple Podcasts: https://apple.co/3UsnTiM Follow Blockworks Macro On YouTube: https://bit.ly/3NKpujX -- On today's episode, Michael Howell CEO of CrossBorder Capital joins the show to share his outlook for the global liquidity cycle and what it means for markets throughout 2023 & into 2024. We deep dive into the mechanics of inflation, the impact of rising interest rate's on global refinancing, the reduced impact of QE from the Fed's shadow QE & the role of crypto & Gold in portfolios. To hear all this & more, you'll have to tune in! -- Follow Michael: https://twitter.com/crossbordercap Follow On The Margin: https://twitter.com/OnTheMarginPod Follow Michael: https://twitter.com/MikeIppolito_ Follow Blockworks: https://twitter.com/blockworks_ -- Digital Asset Summit 2024. Use Code: MARGIN20 for a 20% discount: https://blockworks.co/event/digital-asset-summit-2024-london Research, news, data, governance and models – now, all in one place. As a listener of On The Margin, you can use code "MARGIN10" for a 10% discount when signing up to Blockworks Research https://www.blockworksresearch.com/ -- Referecned In The Show: Stanley Druckenmiller & Paul Tudor Jones: https://www.youtube.com/watch?v=QWccFlgaBxA -- (00:00) Introduction (01:53) Liquidity Is Rising (05:01) The Path Ahead For Inflation In 2024 (09:34) DAS London Plug (10:52) The Liquidity Spiral (14:48) The Impact Of Rising Interest Rate's (17:44) The Liquidity Cycle (21:38) The Fed's Shadow QE (25:13) The QRA Fueled A Huge Stock Market Rally (30:40) Blockworks Research Ad (31:28) The U.S Fiscal Outlook Will Cause The Fed's Balance Sheet To Rise (40:29) Gold & Crypto (42:40) Who Is The New Marginal Buyer Of U.S Debt? (48:49) Crypto As An Inflation Hedge -- Disclaimer: Nothing discussed on On The Margin should be considered as investment advice. Please always do your own research & speak to a financial advisor before thinking about, thinking about putting your money into these crazy markets.
The U.S Debt ceiling deadline approaches on June first, and there is no solution right now as to how the U.S will NOT default. Today we unpack this story and what this means for the Bitcoin price! ⚠️
Today, Rob Carver returns to the show for the first weekly trend following conversation in 2023, where we discuss the unusual situation with the vol market and how to use stops and moving average crossovers when entering and exiting trades, what it takes to run a trend following portfolio in 2023 and why it is not for everyone, how Kurtosis and skew is used in managed futures, Rob's process of picking parameters and why using a mixture parameter speed is the most optimal approach. We also discuss the U.S. debt ceiling and why it can become a potential problem, speed in trend following and why you shouldn't put all your eggs in one basket, how much math you need to work in the financial markets and much more.----------EXCEPTIONAL RESOURCE: Find Out How to Build a Safer & Better Performing Portfolio using this FREE NEW Portfolio Builder Tool----Follow Niels on Twitter, LinkedIn, YouTube or via the TTU website.IT's TRUE ? – most CIO's read 50+ books each year – get your FREE copy of the Ultimate Guide to the Best Investment Books ever written here.And you can get a free copy of my latest book “The Many Flavors of Trend Following” here.Learn more about the Trend Barometer here.Send your questions to info@toptradersunplugged.comAnd please share this episode with a like-minded friend and leave an honest Rating & Review on iTunes or Spotify so more people can discover the podcast.Follow Rob on Twitter.Episode TimeStamps: 02:18 - What happened since we last spoke?09:58 - Industry performance update12:49 - A1, Andrew: Use stop or wait for crossover?18:41 - Q2, Joseph: Is running your own trend following portfolio reasonable in 2023?22:58 - Q3, Bart: The importance of Kurtosis26:53 - Q4, Ross: How to pick parameters?41:22 - Defending optimization43:32 - The U.S Debt ceiling48:05 - The need for speed in trend following56:16 - Optimal trend following with transaction cost59:05 - How much Math is needed to be a Trend Follower?01:04:12 - Thanks for listening Copyright © 2023 – CMC AG – All Rights Reserved----PLUS: Whenever you're...
This week the guys are back Kush Chatting about Bronx native Cardi B covering funeral costs for all 17 victims of deadly borough high-rise blaze, Jay-Z, Meek Mill, Killer Mike & more pushing to ban rap lyrics being used in court, After traveling nearly one million miles, the James Webb Space Telescope arrived at its new home on Monday. The spacecraft's arrival checks off another tricky step as scientists on Earth prepare to spend at least a decade using the observatory to study distant light from the beginning of time, Ari Lennox Wants Off J. Cole's Dreamville & Interscope. She said “I'm done and tired”, Joe Biden To Regulate Bitcoin, The U.S Debt officially has crossed over 30 trillion, Rihanna & A$AP Rocky baby & more! --- This episode is sponsored by · Anchor: The easiest way to make a podcast. https://anchor.fm/app
Today I address the misconceptions of the U.S Debt and who owns it. I also dive into inflation and how it is controlled by the federal reserve, as well as its impact on the stock market and the real estate market in the United States. We finish the episode off with my opinion on the Russia- Ukraine Conflict and the role that the United States should play in it. A few callers provided a great debate on the subjects! #USdebt #inflation #stockmarket #Russia #Ukraine #USeconomy #RealEstate
We continue with issues related to S Corporation debt and the many ways to end up not being able to use debts to deduct losses flowing through. This week we look at the Tax Court's opinion in the case of Russell v. Commissioner, TC Memo 2008-246.The materials for the podcast can be downloaded from http://www.edzollars.com/2008-11-03_SDebt.pdf .The podcast is sponsored by Leimberg Information Services at http://www.leimbergservices.com .
This Podcast continues with issues related to S Corporation debt and the many ways to end up not being able to use debts to deduct losses flowing through. This Podcast focuses on Tax Court's opinion in the case of Russell v. Commissioner, TC Memo 2008-246. The materials for the podcast can be downloaded from http://www.edzollars.com/2008-11-03_SDebt.pdf . This Podcast is sponsored by Leimberg Information Services, Inc. at http://www.leimbergservices.com Please visit our software, books, and PowerPoint Presentations site at http://www.leimberg.com
This Podcast continues with issues related to S Corporation debt and the many ways to end up not being able to use debts to deduct losses flowing through. This Podcast focuses on Tax Court's opinion in the case of Russell v. Commissioner, TC Memo 2008-246. The materials for the podcast can be downloaded from http://www.edzollars.com/2008-11-03_SDebt.pdf . This Podcast is sponsored by Leimberg Information Services, Inc. at http://www.leimbergservices.com Please visit our software, books, and PowerPoint Presentations site at http://www.leimberg.com
A few weeks ago (back in April) we looked at the case of Ruckreigel where a taxpayer lost an IRS challenge on whether a debt was truly from the shareholders to the corporation due to a failure to follow the necessary formalities. This week, the taxpayers strike back with a taxpayer victory in the case of Miller v. Commissioner (TC Memo 2006-125) where the IRS fails in its attempt to reclassify debt that followed the proper form but which the IRS attempted to claim was really debt from the bank to the corporation.The taxpayer achieved victory on this point and the issue of whether the taxpayer was truly at risk as defined in Section 465, even though when all was said and done the taxpayer got out of all liability as the debt was actually paid by other investors who had guaranteed the entire loan structure. This is an interesting case in showing the extreme importance of following proper form because, from an economic standpoint, the taxpayers in Ruckreigel seem to have much real exposure to potential loss than Mr. Miller actually ended up having, but he got his deduction.The materials can be downloaded from http://edzollars.com/2006-06-23_S_Debt.pdf.This podcast is sponsored by Leimberg Information Services, Inc., on the web at http://www.leimbergservices.com.
This Podcast is about the importance of following proper form in corporate debt situations. A few weeks ago (back in April) we looked at the case of Ruckreigel where a taxpayer lost an IRS challenge on whether a debt was truly from the shareholders to the corporation due to a failure to follow the necessary formalities. This week, the taxpayers strike back with a taxpayer victory in the case of Miller v. Commissioner (TC Memo 2006-125) where the IRS fails in its attempt to reclassify debt that followed the proper form but which the IRS attempted to claim was really debt from the bank to the corporation.The taxpayer achieved victory on this point and the issue of whether the taxpayer was truly at risk as defined in Section 465, even though when all was said and done the taxpayer got out of all liability as the debt was actually paid by other investors who had guaranteed the entire loan structure. This is an interesting case in showing the extreme importance of following proper form because, from an economic standpoint, the taxpayers in Ruckreigel seem to have much real exposure to potential loss than Mr. Miller actually ended up having, but he got his deduction.The materials can be downloaded from http://edzollars.com/2006-06-23_S_Debt.pdf. This Podcast is sponsored by Leimberg Information Services, Inc. at http://www.leimbergservices.com Please visit our software, books, and PowerPoint Presentations site at http://www.leimberg.com
This Podcast is about the importance of following proper form in corporate debt situations. A few weeks ago (back in April) we looked at the case of Ruckreigel where a taxpayer lost an IRS challenge on whether a debt was truly from the shareholders to the corporation due to a failure to follow the necessary formalities. This week, the taxpayers strike back with a taxpayer victory in the case of Miller v. Commissioner (TC Memo 2006-125) where the IRS fails in its attempt to reclassify debt that followed the proper form but which the IRS attempted to claim was really debt from the bank to the corporation.The taxpayer achieved victory on this point and the issue of whether the taxpayer was truly at risk as defined in Section 465, even though when all was said and done the taxpayer got out of all liability as the debt was actually paid by other investors who had guaranteed the entire loan structure. This is an interesting case in showing the extreme importance of following proper form because, from an economic standpoint, the taxpayers in Ruckreigel seem to have much real exposure to potential loss than Mr. Miller actually ended up having, but he got his deduction.The materials can be downloaded from http://edzollars.com/2006-06-23_S_Debt.pdf. This Podcast is sponsored by Leimberg Information Services, Inc. at http://www.leimbergservices.com Please visit our software, books, and PowerPoint Presentations site at http://www.leimberg.com
This Podcast is about the importance of following proper form in corporate debt situations. A few weeks ago (back in April) we looked at the case of Ruckreigel where a taxpayer lost an IRS challenge on whether a debt was truly from the shareholders to the corporation due to a failure to follow the necessary formalities. This week, the taxpayers strike back with a taxpayer victory in the case of Miller v. Commissioner (TC Memo 2006-125) where the IRS fails in its attempt to reclassify debt that followed the proper form but which the IRS attempted to claim was really debt from the bank to the corporation.The taxpayer achieved victory on this point and the issue of whether the taxpayer was truly at risk as defined in Section 465, even though when all was said and done the taxpayer got out of all liability as the debt was actually paid by other investors who had guaranteed the entire loan structure. This is an interesting case in showing the extreme importance of following proper form because, from an economic standpoint, the taxpayers in Ruckreigel seem to have much real exposure to potential loss than Mr. Miller actually ended up having, but he got his deduction.The materials can be downloaded from http://edzollars.com/2006-06-23_S_Debt.pdf. This Podcast is sponsored by Leimberg Information Services, Inc. at http://www.leimbergservices.com Please visit our software, books, and PowerPoint Presentations site at http://www.leimberg.com