Tom Sosnoff and Dylan Ratigan reunite for a weekly podcast, ranting on everything from sports and investing to politics and monetary policy.
Abuse of Power is the Problem, Not Unions or Taxes
The tax system is broken and needs fixing. It’s not because we need taxes to pay for infrastructure. It’s because the playing fields globally and domestically needs leveling. By design or not, we’ve adopted Modern Monetary Theory to pay for programs. Tom and Dylan cover all this and the amazing rebound in markets just a year removed from the onset of the pandemic.
On this week’s podcast, Dylan sees the risk of ghost leverage as a potential threat to U.S. markets. Tom is less concerned because the products which led to the blow up of Archegos aren’t allowed in the U.S. But in the highly connected world of finance, is there really such a thing as regionally-limited risk? Tune in this week as Tom and Dylan discuss, debate and explain these unseen risks.
Out of the Ashes
Nothing good comes from a pandemic. As things begin calming down and moving forward, we can’t help but acknowledge the market’s resolve. Increased market engagement possibly spurred by stimulus checks. All-time new highs in equities. New focus on asset classes like SPACs, NFTs and even crypto currencies. No one would have chosen the path to get here, yet here we are.
Speculation is the Driver
Economically and financially, things look really good. It’s stimulus day for most people. Equities are rallying. Yield curves are signaling a strengthening economy. Is it a new era or reason for worry? No one’s talking about the inevitability of higher taxes or irresponsible speculation that’s also taking place. Tom and Dylan tackle all that and more this week.
Skew the Fed. Skew NFTs. Skew it all.
How do you know when you've drifted into a world of extremism? When everything costs either an insane amount of money or nothing. When politics are binary. When something called a non-fungible token is worth six figures. Those are pretty good signs. This week, Tom and Dylan discuss extremes, skew, the Fed, NFTs and even a little Harry, Meghan and Oprah.
Buy the Rumor, Sell the News
What will a post pandemic world look like? No one is really sure, other than some new normal that has to be better than the last twelve months. With light at the end of the tunnel, why are stocks looking weak and interest rates rising? It’s buy the rumor sell the news, pandemic version. Warning signs are abundant with SPAC valuations, fringe stocks making crazy runs while overall markets lost their chutzpah. This week, Tom and Dylan discuss the next phase of the pandemic.
Customer ReviewsSee All
When Bananas Aren’t Enough You Go SPAC!
This weeks discussion was really great. It pushed the mind to the future and explored what’s going to happen when the heavy-set (fat is politically incorrect these days) lady sings...because we all sense we’re a bit on borrowed time!
Just because you got a vaccine
does not mean the pandemic is over.
Unless your intention is to restrict travel, it’s not over until the world is at herd immunity. We’re not anywhere near that, as 193 countries have not had a single vaccine yet.
Don’t worry, it’s a typical mistake of a first world mindset to think that because I got mine the problem is over. But like global climate change, everyone affects everyone else.
Worth the time
Thanks guys for taking time to share your analysis and impressions of what’s going on in the market . I’m a novice and am able to follow along , which is helping me grow !