Currently by Prometheus Ryan Pallotta

Jordi Visser is President and CIO of Weiss. In this episode. We discuss his paper "SVB, ChatGPT and the Future of Trust: The Bitcoin Moment.

In this episode, we explore the debt ceiling issue, loss of trust in the US banking system and what that means for crypto and the transformative power of AI and chat GPT in the financial landscape, discussing the potential impact on the economy. Delve into the creative possibilities these technologies offer and their implications in the cryptocurrency market. Join us on this fascinating journey as we navigate the future of finance, trust, and the transformative power of AI.

Marko Papic, author of Geopolitical Alpha, joins us to discuss his framework for predicting the future for investors and how he analyzes our current Marco environment. Discover the fascinating interplay between politics and economics in our engaging conversation with Marco Papic, Chief Strategist at Clocktower Group. We delve into the importance of geopolitics, macro-events, and investment frameworks for large pools of capital while also highlighting the fundamentals of current events beyond just narratives.

Legendary Kyle Bass updates us on the threat of war from China and their potential invasion of Taiwan. We discuss the criminal activity alleged against crypto exchange Binance and CZ, and the Trojan horse that is TikTok. Kyle also gives advice to new hedge fund managers starting out and explains how times have changed with much higher risk.

Today, Ryan Pallotta moderates a panel of financial experts discussing the causes of the current crisis in the banking sector and how investors can think about its aftermath.

Short SVB since September 2022, Alex Beinfield shares his investment process explaining how he created his thesis for this massive short idea long before SVB collapsed. How a professional fund manager examines a theme and makes a trade that makes him look like a psychic. We also talk about other lateral opportunities that will happen as a result of this.

Today, your host Ryan Pallotta is joined by the author of the Rosen Report and industry expert Eric Rosen.

Today’s conversation focuses on:
The Silicon Valley Bank (SVP) collapse. What led to it and what it means for investors.
The Fed being partially to blame for banks like SVB needing to take on more risk by keeping rates so low for so long.
SVB’s failure to keep a “fortress balance sheet" and take responsibility for its decisions.
Eric’s assessment of Bear Stearns prior to its 2008 collapse and subsequent sale to JP Morgan Chase.
What the 2/10 UST yield curve inversion tells us about the probability of a recession.
The migration of HNW people to south Florida and its effect on high-end real estate prices.
The recent phenomenon of kids being less enthusiastic about learning to drive and owning a car.