Today’s episode is brought to you by the Teucrium Wheat Fund. War, weather, inflation-even monetary policy-drive wheat prices. See disclaimers below. Explore the opportunities at: bit.ly/Teucrium
@ Jack, I think you did another great interview and ask great questions, and I think your guest is exactly right on pretty much all of his analysis points. I think he's right that liquidity will start drying up in the early part of next year now that the elections are over and the back door Treasury hot money to win the election has been turned off. You should ignore the commenters that complain about this guest being a Perma bear. 2 trillion dollars of hot money instant stimulus to win an election over the past two years is not predictable by any analyst. You take that away and we would have been in recession 2 years ago and last year and now. Be careful ignoring the obvious warning signs. They said this about the China bears for several years but judgment day did come and it's here as of at least the past year.
@@ryancook7922My guess is he keeps his positions in the market separate from his opinions of the market. Nobody knows the future. I notice he never speaks in absolutes either. Always says “I think [this will happen]” or “it’s possible [for this to happen]”. Cautious bulls usually make less money on the way up but keep more on the way down.
2 trillion dollars of hot money instant stimulus to win an election over the past two years is not predictable by any analyst. You take that away and we would have been in recession 2 years ago and last year and now. Be careful ignoring the obvious warning signs. They said this about the China bears for several years but judgment day did come and it's here as of at least the past year.
I always appreciate Felix’s perspective, thanks Jack. I’ve noticed Felix and other commentators generalize central banks as cutting, and maybe carve out Japan. However, Brazil is aggressively doing the opposite. I would be interested to hear some guest explain what’s happening there.
When all the broken clocks are correct at the same time, there's a serious problem because time stopped being constant. Science fiction uses a variable 't', which is to say that what is coming in 2025 will be unimaginable to most. This is the moment where post apocalyptic movies become documentaries. This guy says liquidity, the next channel will talk about debt bubbles, asset bubbles, credit bubbles, everything bubbles. So many bubbles there isn't space to burst.
I watched Felix on another podcast. he must be doing all the podcasts circuit. You definitely are getting the best content out of him, but I expected that. great job.
great interview. thank you. i see a possibility for the euro to become the major funding currency as the yen strengthens. that could support global liquidity going forward.
Felix always good to listen to in his annual Yuletide rounds. But more to the point, Jack when did you start this channel. I wondering whatever happened to Jack. Anyway I'm a subscriber now 😊
Welcome! Great to have you on board @crouchhill. We started this channel in September and are happy to have you! Lots of exciting guests coming up over the next month! Jack
inflation is not about recession. Inflation is about productive capacity. If there is no adequate productive capacity, inflation won't go away. Capitalists hate excessive productive capacity, but we all know excessive productive capacity is good for consumers.
I am sorry for the negative comments you received with Felix. People are not free anymore and want accurate guidance. Next time ask Felix not to say "in the 2nd quarter" but "on May 23rd at 3.05 pm". :-) I agree 90% with his view today Saturday 14th at 15.24 eastern - next week it might differ a little.
42:42 Felix is cut off mid sentence. He’s a European expert. He isn’t long-winded… why cut him off?? It’s something Jack still tends to do, unfortunately. I wish Jack would stop interrupting and let seasoned professionals rip within their expertise. Jack loves his agenda (& his opinions).. and it makes him a B- host. Tip: if they’ve got 30 years under their belt .. let the guest pick their own material and flow within it. It cheapens the roadtrip backseat driving the pros and trying to hit every tourist spot on the map.
Hello Salt(y) Pony, I understand why you may think I cut him off in the interview, as it appears that way, but I actually didn't when we sat down to talk. We made an edit that was slightly awkward so we just cut some of the conversation. I didn't share my opinion also, I just asked him about China. Fair point about tourist hitting every tourist spot. Appreciate the feedback even though I disagree with it (for now). If many people say I spout off too much, then I definitely will take that to heart. Jack
hm he sounds very sure of himself, but could not have been more wrong last year, when he predicted big crash in last half of 2024. Imagine sitting the last half year out, how much you'd have lost on that call.
Today’s episode is brought to you by the Teucrium Wheat Fund. War, weather,
inflation-even monetary policy-drive wheat prices. See disclaimers below. Explore the opportunities at: bit.ly/Teucrium
@ Jack, I think you did another great interview and ask great questions, and I think your guest is exactly right on pretty much all of his analysis points. I think he's right that liquidity will start drying up in the early part of next year now that the elections are over and the back door Treasury hot money to win the election has been turned off. You should ignore the commenters that complain about this guest being a Perma bear. 2 trillion dollars of hot money instant stimulus to win an election over the past two years is not predictable by any analyst. You take that away and we would have been in recession 2 years ago and last year and now. Be careful ignoring the obvious warning signs. They said this about the China bears for several years but judgment day did come and it's here as of at least the past year.
He said the same thing last year. And the year before...
yeah lol, how does he make money being so bearish all the time!?
@@ryancook7922My guess is he keeps his positions in the market separate from his opinions of the market. Nobody knows the future. I notice he never speaks in absolutes either. Always says “I think [this will happen]” or “it’s possible [for this to happen]”. Cautious bulls usually make less money on the way up but keep more on the way down.
2 trillion dollars of hot money instant stimulus to win an election over the past two years is not predictable by any analyst. You take that away and we would have been in recession 2 years ago and last year and now. Be careful ignoring the obvious warning signs. They said this about the China bears for several years but judgment day did come and it's here as of at least the past year.
F. Zulauf is a fountain of investment wisdom. Thanks.
To be fair, Felix said the same thing coming into 2024. I find these “predictions” of limited use
Totally the same every year... very similar outlook since at least 2010... maybe his portfolios look different.
We will see.
Just logged in to comment. Zulauf WILL NOT admit he has been wrong wrong wrong and is still WRONG.
the USA housing market is a sword of damacles, hanging above the USA economy. It is in a huge massive bubble nationwide
I always appreciate Felix’s perspective, thanks Jack. I’ve noticed Felix and other commentators generalize central banks as cutting, and maybe carve out Japan. However, Brazil is aggressively doing the opposite. I would be interested to hear some guest explain what’s happening there.
Thank you Felix and Jack.
Thank you so much for a wonderful show.
You're welcome! Thank you so much for watching!
Felix!!! Thanks Jack!
When all the broken clocks are correct at the same time, there's a serious problem because time stopped being constant. Science fiction uses a variable 't', which is to say that what is coming in 2025 will be unimaginable to most. This is the moment where post apocalyptic movies become documentaries. This guy says liquidity, the next channel will talk about debt bubbles, asset bubbles, credit bubbles, everything bubbles. So many bubbles there isn't space to burst.
Great interview. Thanks so much.
Thanks for the great insights!
I watched Felix on another podcast. he must be doing all the podcasts circuit. You definitely are getting the best content out of him, but I expected that. great job.
Well worth the listen
Bears sound good but bulls make money! He will be right one day eventually :)
great interview! Learned a lot. Thanks
Thank you for sharing your wisdom with us. I am grateful
Well done interview.
Good show Jack, thank you Felix!
excellent, thanks
Great show
great interview. thank you. i see a possibility for the euro to become the major funding currency as the yen strengthens. that could support global liquidity going forward.
Thx Jack
Even a broken clock gets right twice a day. He said the same thing every year, but eventually he will get it right once.
New subscriber today,no click bait here. Like that. ❤🎉😊
Felix always good to listen to in his annual Yuletide rounds.
But more to the point, Jack when did you start this channel. I wondering whatever happened to Jack. Anyway I'm a subscriber now 😊
Welcome! Great to have you on board @crouchhill. We started this channel in September and are happy to have you! Lots of exciting guests coming up over the next month!
Jack
At least you called him out on the ‘cutting for no reason’ stuff. He ‘jumped the shark’ on that one.
inflation is not about recession. Inflation is about productive capacity. If there is no adequate productive capacity, inflation won't go away. Capitalists hate excessive productive capacity, but we all know excessive productive capacity is good for consumers.
If you want to be understood, put a time stamp in.
So same call as last year... how that work out lol
What happened with block works
I left Blockworks in September 2024. They are going very strong, as is the Forward Guidance show.
Jack
Could you please avoid reading terms and conditions like it's early 2000s?
I am sorry for the negative comments you received with Felix. People are not free anymore and want accurate guidance. Next time ask Felix not to say "in the 2nd quarter" but "on May 23rd at 3.05 pm". :-) I agree 90% with his view today Saturday 14th at 15.24 eastern - next week it might differ a little.
Which institutional investors own the most of Microstrategy's convertible bonds?
Just can't see bond yields going up a lot from here, probably goes to high 3s which is the sweetspot
He makes his money selling advice.not from his investments.
Felix, you’re the man.
42:42 Felix is cut off mid sentence. He’s a European expert. He isn’t long-winded… why cut him off?? It’s something Jack still tends to do, unfortunately. I wish Jack would stop interrupting and let seasoned professionals rip within their expertise. Jack loves his agenda (& his opinions).. and it makes him a B- host. Tip: if they’ve got 30 years under their belt .. let the guest pick their own material and flow within it. It cheapens the roadtrip backseat driving the pros and trying to hit every tourist spot on the map.
Hello Salt(y) Pony,
I understand why you may think I cut him off in the interview, as it appears that way, but I actually didn't when we sat down to talk. We made an edit that was slightly awkward so we just cut some of the conversation. I didn't share my opinion also, I just asked him about China.
Fair point about tourist hitting every tourist spot. Appreciate the feedback even though I disagree with it (for now). If many people say I spout off too much, then I definitely will take that to heart.
Jack
hm he sounds very sure of himself, but could not have been more wrong last year, when he predicted big crash in last half of 2024. Imagine sitting the last half year out, how much you'd have lost on that call.
Crash 2026 …
Bitcoin… not a commodity
Listening to this dinosaur talk about Bitcoin and MSTR is excruciating.
he has been wrong for so long. bad guest Jack