The Julia La Roche Show

Julia La Roche
  • 4.6 (83)
  • Investing
  • Updated Semiweekly

Julia La Roche brings her listeners in-depth conversations with some of the top CEOs, investors, founders, academics, and rising stars in business. Guests on "The Julia La Roche Show" have included Bill Ackman, Ray Dalio, Marc Benioff, Kyle Bass, Hugh Hendry, Nassim Taleb, Nouriel Roubini, David Friedberg, Anthony Scaramucci, Scott Galloway, Brent Johnson, Jim Rickards, Danielle DiMartino Booth, Carol Roth, Neil Howe, Jim Rogers, Jim Bianco, Josh Brown, and many more. Julia always makes the show about the guest, never the host. She speaks less and listens more. She always does her homework.

  1. 16h ago

    #388 Chris Whalen: One Rate Hike Coming, Iran Peace Unlikely, Double-Digit Inflation Inevitable

    In this episode of The Wrap with Chris Whalen, Chris expects the Federal Reserve will deliver one rate hike before Labor Day despite Warsh's preference to delay—the White House has greenlit it to maintain Warsh's credibility as chairman, and this one hike will likely lead to more because incremental Fed policy changes don't stop at one when fighting inflation. The Iran ceasefire has shattered and won't be fixed: Iran has zero incentive to reach peace with the U.S., wants to tax Strait of Hormuz traffic, and will force Gulf states to build pipelines and avoid the strait entirely—oil refineries won't be rebuilt while shooting continues, causing permanent structural supply damage. U.S. oil stocks are at their lowest level in 20 years, diesel is up 30% this year and ripples through every part of the economy, and California is facing potential rationing after it runs down reserves and stops getting refined products from Asia. Whalen stands firm on his double-digit inflation call despite prediction markets showing lower odds, arguing the real economy—not market probabilities—determines consumer and producer behavior, and rising consumer inflation expectations (3.7% one-year) are changing psychology and forcing real estate hedging. Bank earnings next week will reveal whether credit costs continue rising as spreads widen between Treasuries and corporate bonds, signaling medium-term economic slowdown ahead as speculative companies lose financing access. Thank you to our sponsor, Monetary Metals. Learn more at https://www.monetary-metals.com/THEWRAP/ Links:     The Institutional Risk Analyst: https://www.theinstitutionalriskanalyst.com/  The Wrap: https://www.theinstitutionalriskanalyst.com/post/theira866 Twitter/X: https://twitter.com/rcwhalen     The Entropy Trap: https://www.amazon.com/Entropy-Trap-Physics-Knows-Markets/dp/B0H1ZP7NZX/ref=sr_1_1 Use the code TheWrap2026 for 25% off your first year of The Institutional Risk Analyst https://www.theinstitutionalriskanalyst.com/plans-pricing Timestamps: 0:00 Warsh slow walking rate cut, White House greenlit one hike 1:32 FOMC divided, one rate hike likely before Labor Day 2:35 White House supporting Warsh to maintain credibility 3:39 One hike doesn't typically happen alone 4:42 Warsh reducing Fed presence, pulling back on forward guidance 5:10 Fed's 2% target won't change consumer behavior on inflation 7:29 Oil stocks at 20-year low, diesel shortage critical 11:40 Iran ceasefire fragile, no incentive for lasting peace 13:41 U.S. must build pipelines, avoid Strait of Hormuz 14:08 Physical oil stocks depleted, refined products in short supply 15:26 Diesel is political issue - impacts economy, employment 16:06 California facing potential rationing without supplies 16:36 Diesel up 30% this year, ripples through entire economy 17:32 Double-digit inflation thesis still stands despite market skeptics 18:46 Prediction markets vs real economy - spreads tell story 20:06 Consumer inflation expectations hit 3.7% one-year (3-year high) 20:27 Psychology of inflation changes spending and investment behavior 21:34 Real estate traditional hedge, prices skyrocketing 22:20 Spreads widening, economy slowing medium-term 23:35 Earnings season next week - credit costs key indicator 24:19 Midterms - Democrats take House, Trump faces impeachment 25:32 Politics won't change, nothing gets done 26:41 Pfizer building conversion collapsing, structural problems 29:17 Bunker Hill Mining penny stock opportunity, silver revival 31:28 Banks earnings - watch credit costs, mortgage issuers follow

    34 min

  2. 2d ago

    #387 Danielle DiMartino Booth: No Rate Hike Coming, Labor Force Participation Collapsing, Stock Market Too Big To Fail

    Danielle DiMartino Booth praises the FOMC minutes as "clean" under new Fed Chair Kevin Warsh—no manipulation of data like Janet Yellen did in 2013—and notes Warsh has successfully convened consensus around "less is more" Fed communications with an unusually quiet media environment. The real bombshell is the July jobs data: the unemployment rate fell to 4.2% only because 720,000 Americans gave up looking for work in a single month, representing a 50-year low in labor force participation since 1976, while 49% of adults under 30 now live with their parents as affordability collapses and job insecurity rises. Danielle warns the official narrative of economic strength masks a deteriorating real economy: revolving credit declined (a sign lenders are tightening), consumer confidence shows jobs are hard to get, and vacation spending has crashed to Great Recession levels—yet mainstream media remains fixated on an inflation narrative unsupported by broad data. The biggest systemic risk is the "too big to fail" stock market: 51% of global assets now sit outside the regulated banking system, asset managers hold assets larger than major banks, and the government can't allow equity market collapse when 401(k)s are the only retirement plans left, implying inevitable Fed monetization and the "end of capitalism." Her source of hope: summer interns aged 18-28 who are hungry, hardworking, and reject the "too big to fail" mentality—representing a generation determined to work their way out rather than accept billionaire UBI schemes designed to maintain inequality. Thank you to our sponsors: Kalshi - download the Kalshi app and use code JULIA to get $10 when you trade $10. http://kalshi.com/r/JULIA Monetary Metals - learn more at https://www.monetary-metals.com/julia/ Links: Danielle's Twitter/X: https://twitter.com/dimartinobooth Substack: https://dimartinobooth.substack.com/ YouTube: https://www.youtube.com/@DanielleDiMartinoBoothQI Fed Up: https://www.amazon.com/Fed-Up-Insiders-Federal-Reserve/dp/0735211655 Timestamps: 00:00 Intro and welcome back Danielle DiMartino Booth 00:40 FOMC minutes from June - Clean, Warsh didn't manipulate data 1:30 Warsh convened consensus, less is more communications working 2:57 Forward guidance removal, Fed less visible, refreshingly quiet 3:20 Elizabeth Warren defends bloated 12 district banks, Waller calling it out 4:38 Warsh has convened consensus around leadership position 5:13 Warsh refuses forward guidance, hints at ending dot plot 6:23 Inflation cooling seen but Iran hostilities change calculus 6:59 No press conference if nothing to say - Hail Mary move 7:25 Mervyn King taking communications, five task forces with outsiders 8:49 Kalshi traders: 79% hold rates in July, 76% expect no cuts 2026 9:36 Labor force participation 50-year low since 1976 15:35 720,000 Americans gave up looking for work in one month 16:05 Unemployment fell to 4.2% but for wrong reasons 16:59 Full-time jobs destroyed, replaced by gig workers 17:36 Labor market called stable but disconnect with data 18:18 Jobs hard to get at highest level, Americans aware 19:30 Revolving credit down, unusual sign of lender tightening 20:20 49% of adults under 30 living with parents 21:12 Five of 20 K-Shiller metro areas below 2000 price levels 22:35 Young people disenfranchised, AI destroying college degree value 24:32 Stock market too big to fail - implies Fed buying equities 25:01 Inequality gap - bottom 10% stock holdings fell 3% to 1% 26:14 Top 0.1% holdings doubled, bottom K getting bigger 26:33 Worry about social fabric fraying with K-shaped economy 29:16 Billionaires pushing UBI while controlling AI benefits 30:14 Work ethic is what made America great 30:30 Writing piece on too big to fail for weekly flagship 32:08 51% of global assets outside regulated banking system 33:34 Summer interns give hope - bright, hungry, great work ethic 34:45 Young generation rejects too big to fail narrative

    38 min

  3. 4d ago

    #386 Michael Every: Economic Statecraft Changed Everything, Old Playbook Is Dead, New Era Begins

    Michael Every, Global Strategist for Economics and Markets at Rabobank, presents a radical framework: everything is now about economic statecraft and geopolitics, not traditional monetary or fiscal policy, meaning central banks, interest rates, and economic structures are all subsets of national security objectives. Central bank models are broken because exogenous geopolitical supply shocks (Iran war, Ukraine, COVID) constantly disrupt equilibrium assumptions, and the old playbook of managing demand through one global interest rate no longer works in a fragmenting world with different sectors having different national security priorities. He warns the biggest risk is far more war ahead, specifically predicting Iran war will resume after the midterms because tolls, sanctions, uranium, and Lebanon remain unresolved—Iran is losing leverage as oil flows increase and the world moves on, so it will need to "rock the boat" to regain attention. Interest rates will trend higher due to massive fiscal pressures on defense spending, reshoring, supply chain security, and infrastructure investment, and differential interest rates will emerge where sectors critical to national security borrow cheaper than speculative sectors. He argues the private sector will be tasked with moonshot innovations (like AI and Manhattan Project-style programs) that governments can't afford alone, with government potentially taking stakes in critical companies like OpenAI and Intel. On the Strait of Hormuz, he dismisses markets pricing 45% chance of normalization before October 1 as too optimistic, noting ships run dark, ship-to-ship transfers hide traffic, and geopolitics will escalate after midterms—Hormuz will never fully normalize as countries build alternatives. America will retain primacy going forward but must completely reinvent itself economically and politically, with broader appeal to allies while accepting a world where other powers have their own sphere of influence, and whoever holds office will face the same underlying reality that American power projection equals American living standards. Thank you to our sponsors: Kalshi - download the Kalshi app and use code JULIA to get $10 when you trade $10. http://kalshi.com/r/JULIA Monetary Metals - learn more at https://www.monetary-metals.com/julia/ Links: https://www.rabobank.com/knowledge/our-experts/011085368/michael-every https://x.com/themichaelevery Timestamps: 0:00 Everything now about geopolitics, not traditional economics 2:00 Michael's background - 30 years, 9 countries, cross-border analyst 5:20 Economic statecraft framework - national power is driving force 6:06 Policymakers getting it, but many still don't understand 8:16 Central bank models don't work, they never did 8:40 Exogenous supply shocks (Iran, Ukraine, COVID) keep breaking models 11:36 One interest rate doesn't work in fragmenting world 15:33 Central banks being cagey about structural changes 19:21 Geography matters - some countries will thrive, others fail 23:20 Rates going higher, not lower for longer 23:29 Massive fiscal pressures on defense, supply chains, infrastructure 26:25 Differential interest rates by sector based on national security priority 27:06 Biggest risk - far more war coming 28:19 Iran war after midterms, not resolved yet 31:59 Defense contractors won't make huge profits - government controls pricing 34:40 AI is about national security, not making money 35:31 Government may need private sector to fund moonshots they can't afford 36:19 Government taking stakes in strategic companies (OpenAI, Intel, Trump) 39:04 Strait of Hormuz assessment 42:59 Iran needs to rock the boat, leverage slipping away 44:19 Kalshi market too optimistic on Hormuz normalization 45:08 Hormuz won't ever fully normalize again 46:04 US still primary power but must reinvent itself 49:15 America can retain primacy but it will look different 50:09 Whoever's in office has to return to same arguments on American power

    51 min

  4. Jul 4

    #385 Chris Whalen: Gold Headed Higher, Goldman $4,900 Target, Silver China Buying Spree

    Chris Whalen kicks off the July 4th episode of The Wrap by diving into private credit implosion with BDCs turning unprofitable, using the acronym POOP (Principal on Outstanding Principal) to illustrate how debt is being converted to equity because companies can't pay—essentially turning investors into equity holders in insolvent companies. The June jobs report shocked with only 57K payrolls added (far below expectations) while household employment actually fell by 500K, making the data contradictory and unreliable despite the overall labor market still showing relative steadiness in many markets. Housing shows sharp bifurcation: sales above $1 million hit a record high while overall volume is down, revealing that only luxury properties are moving as the broader market softens. Goldman Sachs projects gold could hit $4,900, and Whalen is holding silver as a hedge against dollar debasement and inflation, noting the Chinese are aggressively buying silver in both futures and spot markets. Trump has profited handsomely from his various crypto ventures while most investors in those same ventures have lost significant money—a familiar pattern from Trump's business history. With the US national debt now at $39.35 trillion on America's 250th birthday, Whalen warns the Democratic Party will split between socialists and Republicans, with policies like New York's rent freezing turning cities into slums while hurting mom-and-pop landlords. He recommends watching interest rates, the Fed under Kevin Warsh, and expects another uptick in gold and silver prices after recent selloffs, while cautioning on BDCs and private credit exposure as the distress signals mount. Thank you to today's episode sponsor, The Entropy Trap by Mickey Maini. Order your copy: https://www.amazon.com/Entropy-Trap-Physics-Knows-Markets/dp/B0H1ZP7NZX/ref=sr_1_1   Links:     The Institutional Risk Analyst: https://www.theinstitutionalriskanalyst.com/ The Wrap: https://www.theinstitutionalriskanalyst.com/post/theira864 Twitter/X: https://twitter.com/rcwhalen     Use the code TheWrap2026 for 25% off your first year of The Institutional Risk Analyst https://www.theinstitutionalriskanalyst.com/plans-pricing Timestamps: 00:00 — Intro and World Cup chat 1:09 Gold rebounds, AI stocks slump 1:38 Private credit - BDCs turning unprofitable 2:40 POOP acronym - Principal on Outstanding Principal, crap debt 4:07 POOP emoji Bloomberg article, Victor Hong invented term 5:54 AI stocks slumping, pressure on private credit portfolios 6:00 Market doesn't like it right now 11:23 June non-farm payrolls - 57K added, much worse than expected 11:44 May/June comparisons all over place, household employment down 500K 12:21 Can't take a lot out of these numbers 13:33 Labor market steady to extent we can rely on statistics 14:12 Housing costs up, Americans work harder to compensate 14:12 Goldman Sachs says gold could hit $4,900 15:31 Chinese aggressive buyers of silver, not changing view 16:06 Gold/silver hedge against dollar and inflation 17:40 US national debt at $39.35 trillion on country's birthday 18:12 Democratic Party gonna get torn in half 18:50 Rise of democratic socialist candidates 19:49 Rent freezing turning NYC into slum, mom and pop landlords hurt 20:17 How much money to live in NYC reasonably? Way more than poverty level 21:45 Trump crypto - Done well, investors lost a lot 23:32 Book - Entropy Trap by Mickey Maini 29:33 90% of mortgage market government insured, no systemic bailout needed 32:43 Silver good play medium to long term as hedge 34:13 Back half of year focused on interest rates 35:13 Watching Fed, Kevin Warsh, uptick in gold/silver coming

    36 min

  5. Jul 2

    #384 Henrik Zeberg: While Markets Rally, a Recession Signal Just Quietly Triggered

    Henrik Zeberg, head macro economist at SwissBlock and author of The Monetary House of Cards, returns for his quarterly update to argue that markets and the economy are telling two completely different stories. While equities keep melting up toward a likely blow-off top, his models show the "quiet hand" of the real economy — labor market deterioration, rising full-time job losses, record credit card delinquencies, and a struggling housing sector — already rolling over into what he calls a structural recession. He walks through his indicator framework, explains why he's not calling an imminent recession yet (two more liquidity and yield signals are needed), and lays out his "Zeberg Solomon Protocol" for when he'd fully rotate out of stocks into bonds. The conversation also covers his contrarian views on inflation (he thinks disinflation, not inflation, is coming), his skepticism on Bitcoin's long-term value despite expecting a short-term bounce, a near-term gold and dollar bounce followed by major dollar strength, and his boldest calls for a year from now — including a bursting AI bubble and Bitcoin below $20,000. Thank you to our sponsors: Kalshi - download the Kalshi app and use code JULIA to get $10 when you trade $10. http://kalshi.com/r/JULIA Monetary Metals - learn more at https://www.monetary-metals.com/julia/ Links: X: https://x.com/HenrikZeberg Substack: https://henrikzeberg.substack.com/ Book: https://buy.stripe.com/aFacN62DQdYFbZt9APaR201 TEDx: https://youtu.be/DAmoawIOMbs?si=Infb0cLi8YPxdX4H Timestamps: 00:00 – Intro: welcoming back Henrik Zeberg, head macroeconomist at SwissBlock 01:05 – Recap: the rally he called last quarter played out as predicted 01:36 – Stock market hasn't topped, but the real economy is quietly rolling over 03:50 – The split between the "financial economy" and the "real economy" 04:42 – His "structural recession call" — what it means and what's still missing 05:25 – Kalshi's recession odds (10.4%) vs. what Henrik's model is showing 06:25 – Why almost nobody sees a recession coming until it's already here 07:06 – Breaking down GDP: why the consumer (70%) is the real signal to watch 09:58 – Labor market red flags: falling participation, part-time vs. full-time jobs, long-term unemployment 12:33 – The "avalanche" analogy — how a slow buildup becomes a sudden crisis 14:59 – Credit card delinquencies now above 2009 recession levels 16:04 – Why housing is the earliest domino to fall 19:30 – Structural recession call, explained in full — and the two triggers he's waiting on 24:45 – The market's "loud hand": no top yet, more melt-up ahead 27:07 – Risk rotation theory — from mega-caps into small caps and speculative names 29:16 – Why he thinks the inflation narrative is wrong (savings rate argument) 32:57 – Stock vs. flow: the bathtub analogy for inflation vs. price levels 33:28 – What could still push this "blow-off top" rally further 34:32 – His own portfolio moves — how much cash vs. risk he's holding 36:57 – The "Zeberg Solomon Protocol" — his signal for exiting stocks entirely into bonds 39:37 – Bitcoin: why he's bullish on a short-term bounce but bearish long-term 42:23 – Gold outlook tied to a weakening (then re-strengthening) dollar 43:43 – Dollar forecast: DXY to 93–94 short term, then a run toward 120+ 44:56 – One-year-out contrarian calls: AI bubble bursting, Bitcoin under $20K, recession confirmed 47:06 – Where to find Henrik's work 47:25 – Parting thoughts: don't trust a crowded consensus trade

    51 min

  6. Jun 30

    #383 Andrew Pancholi: Smart Money Is Quietly Exiting Stocks — What the Cycles Say Happens Next

    Andrew Pancholi, founder and CEO of the Market Timing Report, joins the show for his debut to explain his framework of mathematical cycles—repeating patterns spanning 36, 60, 90, 100, 144, and 250 years that he uses to forecast turning points across markets, commodities, and geopolitics. He argues we're broadly tracking the 1920s bull market toward a potential 2029 peak, but warns he's turned more bearish near-term after Friday's data showed smart money leaving US equities, eyeing the third week of July as a major turning point. Pancholi shares striking targets—$183 oil if Middle East conflict escalates, $6,900 gold by March 2027, and a continued bearish view on Bitcoin—while tying current events to historical cycles, including the 36-year anniversary of Saddam's invasion of Kuwait and the US 250-year empire cycle. A commercial Boeing 777 pilot, he closes by connecting aviation's risk management and situational awareness to disciplined trading, emphasizing incremental gains over any "holy grail." Thank you to our sponsors: Kalshi - download the Kalshi app and use code JULIA to get $10 when you trade $10. http://kalshi.com/r/JULIA Monetary Metals - learn more at https://www.monetary-metals.com/julia/ Links: x.com/AndrewPancholilinkedin.com/in/andrewpancholi youtube.com/@markettimingreport instagram.com/andrew.pancholi facebook.com/markettimingcyclesanalysis Timestamps: 00:00 – Intro: who is Andrew Pancholi 01:21 – The big picture: mathematical cycles framework 02:00 – The 100-year cycle & path to 20290 2:30 – 90-year geopolitical cycle & polarization 05:29 – Equity markets: top or pullback? 08:21 – Smart money leaving US equities 10:43 – Kalshi prediction markets & 7,800 S&P target 13:15 – Third week of July turning point explained 14:12 – Charts: how the timing system works 20:17 – "You can't time the market" — the pushback 24:39 – The cycles explained: 30, 36, 45, 90, 144, 250 years 27:40 – War & revolution cycles, US civil strife 28:48 – The major war cycle nobody's talking about 31:41 – Oil outlook: $183 target 33:35 – Gold: bearish near-term, $6,900 target 35:12 – Bitcoin outlook 35:48 – The 250-year empire cycle & America's birthday 40:03 – Zero Hour book & cycles that failed 42:28 – From Boeing 777 pilot to cycles analyst 43:51 – COVID pandemic forecasted by the 100-year cycle 46:04 – Risk management lessons from flying 51:35 – Parting thoughts & where to find his work

    57 min

  7. Jun 27

    #382 Chris Whalen: Private Credit's "Slow Motion Train Wreck" & The Warning Signs for a 2028 Housing Reset

    Chris Whalen joins Julia La Roche on this week's episode of "The Wrap with Chris Whalen" to break down what he calls a "slow motion train wreck" in private credit, where public and private funds alike are getting hammered with redemption requests just as the firms behind them sit on impaired assets like DSCR business-purpose loans. Whalen argues we're living through a replay of 2005 — high tide before the crack — and predicts a housing reset by 2027-2028 ("misery on the eights"), with home prices falling 10-20% and recent borrowers landing underwater. Along the way he covers double-digit inflation driven by energy supply shocks from the Strait of Hormuz, why Chair Warsh can't slow-walk rate hikes, the volatility added by agentic AI trading and ETFs, his long-term bull case for gold and silver, the unwinding of Wall Street's crypto trade, the futility of Mamdani's NYC rent freeze, and viewer questions on inflation measurement and Annaly's common vs. preferred shares.   Links:     The Institutional Risk Analyst: https://www.theinstitutionalriskanalyst.com/  The Wrap: https://www.theinstitutionalriskanalyst.com/post/theira861 Fred Ramberg interview: https://www.theinstitutionalriskanalyst.com/post/theira860 Signed copy of Seeing Around Corners: https://www.theinstitutionalriskanalyst.com/shop Twitter/X: https://twitter.com/rcwhalen     Use the code TheWrap2026 for 25% off your first year of The Institutional Risk Analyst https://www.theinstitutionalriskanalyst.com/plans-pricing Timestamps: 00:00 — Intro 01:09 — Private credit: the "slow motion train wreck" and redemptions 02:24 — Rates higher-for-longer, double-digit inflation & the Strait of Hormuz 04:02 — The hidden cost of war and inflation as a tax 05:33 — Private credit shops buying insurers & DSCR loans 06:46 — "It's 2005 again" and the road to misery on the eights 07:46 — Signposts: institutional fraud in business-purpose loans 08:45 — What a DSCR loan is vs. a residential mortgage 11:55 — The private credit gates connection 12:32 — Predicting the 2028 housing reset & price declines 14:52 — How rising prices have masked defaults 15:27 — A 10-20% home price reset explained 15:46 — Which markets crack first (Florida, Miami, blue-state Northeast) 17:10 — Mom-and-pop investors and fix-and-flips 17:49 — Advice for homebuyers: stay below the conforming limit 18:42 — AI & semiconductor stock volatility 19:15 — Agentic trading bots and market manipulation 20:35 — Precious metals: gold below 4,000, silver near 57 22:37 — PCE data, sticky inflation & the gold-silver case 23:13 — Crypto falling apart, MicroStrategy & BlackRock selling 24:33 — CME suing over perps (perpetual futures) 25:34 — The NYC rent freeze / Mamdani hot take 26:49 — Viewer mail: changing the definition of inflation 28:20 — Viewer mail: is the debasement trade over? 29:08 — Viewer mail: Annaly common vs. preferred 31:03 — What's ahead next week (plus World Cup talk) 32:46 — Wrap-up

    34 min

  8. Jun 25

    #381 Peter Grandich: Why the U.S. Stock Market's Biggest Tailwind Is About to Reverse

    Veteran market analyst Peter Grandich of Peter Grandich and Company joins Julia for a mid-year macro check-in, and his message is decidedly cautious: after 42 years in finance, he believes the time has come to prioritize capital preservation over capital appreciation, especially in U.S. equities. Grandich lays out his bearish case across political, social, and economic lines—warning of a deeply divided Congress that couldn't manage another 2008-style crisis, a likely Democratic House sweep in the midterms that could derail Trump's agenda, runaway federal and state deficits, the looming threat of wealth and unrealized capital gains taxes, and the displacement of jobs by AI and robotics. He explains why he favors Asian equities over American ones, why he's cautiously back in gold (but not a "gold bug"), and why passive investing—once the market's biggest tailwind—could become its biggest risk. Closing with a vivid craps-table metaphor about a market overdue for a "seven," Grandich ultimately pivots to faith and family, reminding viewers that net worth shouldn't be confused with self-worth. Thank you to our sponsors: Kalshi - download the Kalshi app and use code JULIA to get $10 when you trade $10. http://kalshi.com/r/JULIA Monetary Metals - learn more at https://www.monetary-metals.com/julia/ Links: https://x.com/PeterGrandich https://petergrandich.com/ https://www.amazon.com/Confessions-FORMER-Wall-Street-Whiz/dp/B096LPRYW6 Timestamps: 00:00 — Welcome back & catching up with Peter Grandich 01:06 — Big-picture macro: "live chicken vs. dead duck" 06:28 — Midterms outlook & the political divide 10:54 — Echoes of 1929 and why this time is different 12:00 — State deficits, surcharges & "revenue enhancement" 13:11 — Taxes 17:30 — Congressional & presidential stock trading 20:20 — New Fed Chair Kevin Warsh & rate policy 22:59 — Inflation: is the 2% target dead? 25:07 — Wealth inequality & the jobs picture 28:18 — Allocation strategy: why "cookie cutter" fails 30:40 — Gold 32:00 — Spend less than you make 33:19 — Why look outside the U.S. market 34:00 — Passive investing: the market's biggest risk 38:38 — The craps table metaphor 41:32 — Parting thoughts: faith, family & "what good is it to gain the world?"

    47 min
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4.6
out of 5
83 Ratings

About

Julia La Roche brings her listeners in-depth conversations with some of the top CEOs, investors, founders, academics, and rising stars in business. Guests on "The Julia La Roche Show" have included Bill Ackman, Ray Dalio, Marc Benioff, Kyle Bass, Hugh Hendry, Nassim Taleb, Nouriel Roubini, David Friedberg, Anthony Scaramucci, Scott Galloway, Brent Johnson, Jim Rickards, Danielle DiMartino Booth, Carol Roth, Neil Howe, Jim Rogers, Jim Bianco, Josh Brown, and many more. Julia always makes the show about the guest, never the host. She speaks less and listens more. She always does her homework.

Information

  • Creator
    Julia La Roche
  • Years Active
    2022 - 2026
  • Episodes
    390
  • Rating
    Clean
  • Copyright
    © Julia La Roche
  • Show Website
    The Julia La Roche Show

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