Anyway...perhaps I should formally introduce this week's podcast.The conversation is fast paced, even so I try and explain the Quantity Theory of Insanity. The Alchemy of Finance, it is not...
We consider The Secret Policeman's Macro Ball, an annual illuminati gathering of the great minds in macro hedge fund management. The Miami event that you are assured not to receive an invitation to. Just why do the top managers share their best-ideas with their competition?
Regrets, I got a few and we travel back to 9 December 2008 for me to rage at my younger self. You see, 2 years before, I predicted a deflationary event that would send Treasury bond prices surging and the gold price crashing.
But, when this prophesy came true, I failed to load up on gold. I could have been a legend rather than a hobo. I'm raging mad with my younger self. To be fair, I did sidestep the gold slide and made a packet on the Ts, but still...
And with markets in turmoil, stock porn returns. We dust off the chart rotator to examine the Dow Jones constituent 30 stocks to determine where prices are versus their slower, longer-dated moving averages.
I invoke my Acid Capitalist tendencies once more to draw predictions and stock ideas for the coming year.
@writes_sweeney continues to spin his wheel...
Tune-in or be square...
@writes_sweeney continues to spin his wheel...
Tune-in or be square...
00:07:55 Secret Policeman's Macro Ball
00:17:40 IPOs The Slaughter of the Innocents
00:25:55 Quantity Theory of Insanity
00:59:40 My Big Macro Error
01:13:45 DJI30 Stock Chart Rotator
00:17:40 IPOs The Slaughter of the Innocents
00:25:55 Quantity Theory of Insanity
00:59:40 My Big Macro Error
01:13:45 DJI30 Stock Chart Rotator
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