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    Business

    Monetary Matters with Jack Farley

    Jack Farley interviews the very best financial minds about macro, markets, and monetary matters. Follow Jack on Twitter @JackFarley96.

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    Latest Episodes:
    Preparing For A Real Credit Cycle | Danny Moses on Tariff Fatigue, Private Credit, Gold, Tarnishing of U.S. Brand, and Why Stocks Still Aren’t Cheap Apr 22, 2025
    Show notes

    To view the prospectus for the VanEck Merk Gold ETF (OUNZ), please visit: https://www.vaneck.com/OUNZProspectus


    Learn more: https://www.vaneck.com/OUNZJack/overview/


    What happens to Private Credit in a slowdown? Are fears of tariffs overblown? Danny Moses of “The Big Short” renown joins Monetary Matters to share his views on these important issues and more. Recorded April 17 2025.


    Follow Danny Moses on Twitter https://x.com/dmoses34

    Follow Jack Farley on Twitter https://x.com/JackFarley96

    Danny Moses’ podcast, On The Tape: https://open.spotify.com/show/1Bawg52xr2HpGeN36npyua


    Follow Monetary Matters on:

    Apple Podcast https://rb.gy/s5qfyh

    Spotify https://rb.gy/x56dx5

    YouTube https://rb.gy/dpwxez


    Breaking The Dollar System | Freya Beamish Apr 20, 2025
    Show notes

    Freya Beamish, Chief Economist at TS Lombard, joins Jack to argue why American tariff policy is accelerating a transition to a multi-polar international monetary order. She estimates that U.S. and China will reach a deal lowering tariffs to ~30% levels and shares her views on bonds and gold. Recorded on April 14, 2025.


    Follow Freya Beamish on Twitter https://x.com/freyabeamish

    Follow Jack Farley on Twitter https://x.com/JackFarley96


    Follow Monetary Matters on:

    Apple Podcast https://rb.gy/s5qfyh

    Spotify https://rb.gy/x56dx5

    YouTube https://rb.gy/dpwxez


    The World Is Dumping U.S. Assets | Julian Brigden Apr 16, 2025
    Show notes

    Sign up for MacroCapture by MI2 Partners today with coupon codes MM10 (for annual) and MM10Q (for quarterly) to save 10% at: https://mi2partners.com/macrocapture-landing-page/


    Julian Brigden Co-Founder of MI2 Partners joins Monetary Matters to discuss why the dramatic shift in US trade policy is making non-US investors dump US assets and bring home the profits from a historic bull run in US assets. He also explains why this repatriation of profits coupled with an eventual slowdown in the flow of dollars driven by tariff policy itself spells a weaker dollar and trouble for US financial markets, even if it does result in American reindustrialization. Recorded April 15, 2025.


    Follow Julian Brigden on Twitter https://x.com/JulianMI2

    Follow Jack Farley on Twitter https://x.com/JackFarley96


    Follow Monetary Matters on:

    Apple Podcast https://rb.gy/s5qfyh

    Spotify https://rb.gy/x56dx5

    YouTube https://rb.gy/dpwxez


    Timestamps:

    00:00 Intro

    01:53 The Whole World is Overweight the US

    09:55 Tariffs Slow the Dollar Flow

    17:54 Selling US Assets is Prudent for Foreign Investors

    26:42 Who Wins in the US Domestic Economy?

    29:56 MacroCapture

    34:58 Tariffs Have Been a Carpet-bomb Approach

    44:06 Tariffs = Stagflation

    49:43 Tariff Effects on China and Europe

    54:04 Are Risks Greater in the US?

    01:00:13 Will Foreign Markets Outperform on US Weakness or Their Strength?

    01:04:32 Bond Market Outlook

    01:10:24 Gold Outlook

    01:12:50 Reading the Tape to Detect Market Participants

    01:18:16 Where is the Trump Put?

    01:22:21 America’s Liz Truss Moment

    01:25:59 Credit Trades and HYG



    Dodging Tariff Turmoil in Nordic High Yield Credit | Måns Levin of Ridge Capital Apr 15, 2025
    Show notes

    Måns Levin, CEO and co-founder of Ridge Capital, joins Other People’s Money, to discuss why they believe the Nordic high yield credit market provides unique opportunities for double-digit returns and insolation from tariff and trade war risks. Levin discusses the exceptional start Ridge Capital has had, both in terms of performance and asset raising, the specific features and composition of the Nordic high yield market that they find most attractive, and the flexibility in strategies required to take full advantage of the opportunities they see.


    Follow Ridge Capital on LinkedIn: https://www.linkedin.com/company/ridgecap/

    Follow Max on X: https://x.com/maxwiethe


    Follow Other People’s Money on:


    Apple Podcast https://bit.ly/4e7QJ1M

    Spotify https://bit.ly/3Yhaazi

    YouTube https://bit.ly/3C63VXR

    X https://x.com/opmpod


    #credit #creditmarket #fixedincome #bonds #nordic #sweden #norway #denmark #finland #stocks #economics #economy #stockmarket #investing #hedgefunds #trading #wallstreet #ridgecapital #finance


    Lyn Alden: Challenge America’s Trade Deficit, Challenge The U.S. Dollar | Alden on China, Gold, and Financial and Economic Impacts of Tariffs Apr 11, 2025
    Show notes

    To view the prospectus for the VanEck Merk Gold ETF (OUNZ), please visit: vaneck.com/OUNZProspectus


    Learn more: vaneck.com/OUNZJack


    Lyn Alden of Lyn Alden Investment Strategy explains the connection between the capital and financial imbalances the U.S. has with the rest of the world and its trade imbalances which are under so much scrutiny by the current U.S. administration. Alden argues that turbulence in markets, particularly U.S. assets, could continue, and warns listeners not to be exposed beyond their risk limits at a juncture that could be a historic time for markets and the global economy. Recorded April 10, 2025.


    Follow Lyn Alden on Twitter https://x.com/LynAldenContact

    Follow Jack Farley on Twitter https://x.com/JackFarley96

    Lyn Alden’s book, “Broken Money”: https://www.amazon.com/Broken-Money-Financial-System-Failing/dp/B0CG8985FR


    Follow Monetary Matters on:

    Apple Podcast https://rb.gy/s5qfyh

    Spotify https://rb.gy/x56dx5

    YouTube https://rb.gy/dpwxez


    ____


    The material must be preceded or accompanied by a prospectus. Before investing you

    should carefully consider the VanEck Merk Gold ETF’s (“OUNZ” or the “Trust”)

    investment objectives, risks, charges and expenses.


    An investment in the VanEck Merk Gold ETF (“OUNZ” or the “Trust”) is subject to

    significant risk and may not be suitable for all investors. OUNZ is not an investment

    company registered under the Investment Company Act of 1940 (the “1940 Act”) and

    therefore is not subject to the same protections as mutual funds or ETFs registered

    under the 1940 Act.


    The request for redemption of shares for gold is subject to a number of risks

    including but not limited to the potential for the price of gold to decline during

    the time between the submission of the request and delivery. Delivery may

    take a considerable amount of time depending on your location.


    The Sponsor for the Trust is Merk Investments, LLC. The Marketing Agent for

    the Trust is Van Eck Securities Corporation.


    © Merk Investments LLC

    © Van Eck Associates Corporation


    When the Market Crashes… They Profit | Wayne Himelsein on Logica Capital’s Long Volatility Playbook Apr 09, 2025
    Show notes

    Wayne Himelsein, CIO and founder of Logic Capital Advisors, joins Other People’s Money, to discuss how his hedge fund is built to profit when volatility spikes in moments just like this. Everybody wants to carry crash protection but if implemented improperly the cost of carrying hedges can bleed you dry. Finding innovative ways to solve this problem is what drives Himelsein and Logica forward and in this discussion he discusses their approach to maintaining at the money long volatility exposure without relying on spread trades to fund tail hedges.


    This episode is brought to you by Fintool, a financial copilot tailored for institutional investors. Fintool leverages Large Language Models (LLMs) to discover financial insights beyond the reach of timely human analysis. From summarizing extensive annual reports to computing numbers and unearthing new insights by comparing years of filings, Fintool equips institutional investors like Janus Henderson, First Manhattan and companies like PWC. Learn more about how you can add AI to your investment process: https://fintool.com/?utm_source=the_opm


    Follow Wayne on X: https://x.com/WayneHimelsein

    Follow Max on X: https://x.com/maxwiethe


    Follow Other People’s Money on:


    Apple Podcast https://bit.ly/4e7QJ1M

    Spotify https://bit.ly/3Yhaazi

    YouTube https://bit.ly/3C63VXR

    X https://x.com/opmpod


    Why Trump Is Likely To Negotiate Trade Deals | Charles Gasparino on Tariffs, White House Factions, and Protectionist Conservative Coalition Apr 08, 2025
    Show notes

    Charles Gasparino, Fox Business Senior Correspondent, give color into the protectionist and moderate factions in the White House, and explains why he thinks that, President Trump is likely to reach a deal with major trading partners. Recorded April 8, 2025.


    Follow Charles Gasparino on Twitter https://x.com/CGasparino

    Follow Jack Farley on Twitter https://x.com/JackFarley96


    Follow Monetary Matters on:

    Apple Podcast https://rb.gy/s5qfyh

    Spotify https://rb.gy/x56dx5

    YouTube https://rb.gy/dpwxez


    “Going Full Reagan” | Tian Yang on Trump Administration’s Bet To Shrink U.S. Trade Deficit, Signs of Market Panic, and Dollar Outlook Apr 08, 2025
    Show notes

    Tian Yang, CEO and head of research at Variant Perception, explains his view on a variety of assets on time horizons of tactical, cyclical, and structural duration. Recorded April 7, 2025.


    Follow Variant Perception on Twitter https://x.com/VrntPerception

    Follow Jack Farley on Twitter https://x.com/JackFarley96

    Variant Perception website: https://variantperception.com/


    Follow Monetary Matters on:

    Apple Podcast https://rb.gy/s5qfyh

    Spotify https://rb.gy/x56dx5

    YouTube https://rb.gy/dpwxez




    Tariff Escalation Update | Jack & Max on April 7 Tariff News & Market Apr 07, 2025
    Show notes

    Follow Jack Farley on Twitter https://x.com/JackFarley96

    Max Wiethe on Twitter https://x.com/maxwiethe

    Other People’s Money Podcast on Twitter https://x.com/OPMpod


    Follow Monetary Matters on:

    Apple Podcast https://rb.gy/s5qfyh

    Spotify https://rb.gy/x56dx5

    YouTube https://rb.gy/dpwxez


    “Supply Shock Greater Than Great Depression-Era Smoot-Hawley Tariff” | David Kotok on Trump’s Sweeping Tariffs And Market Crash Apr 07, 2025
    Show notes

    David Kotok’s book, “The Fed and the Flu: Parsing Pandemic Economic Shocks”:

    https://www.amazon.com/Fed-Flu-Parsing-Pandemic-Economic-ebook/dp/B0DCK1ZHJT


    Follow Jack Farley on Twitter https://x.com/JackFarley96

    Follow David Kotok on Twitter https://x.com/DavidKotokGIC


    Follow Monetary Matters on:

    Apple Podcast https://rb.gy/s5qfyh

    Spotify https://rb.gy/x56dx5

    YouTube https://rb.gy/dpwxez




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