Yesterday I had Roberto Rios (aka The Peruvian Bull) on the podcast to talk about everything going on with financial markets, commodities, and Japan. We started with the ongoing meltup in the S&P, Warsh’s appointment at the Fed, but we also covered the AI buildout and Japan’s financial market situation. You can Roberto on Twitter and YouTube, as well as his Substack below.
Podcast Summary
The meltup in the S&P and the difficult situation that Warsh inherits at the Fed.
Supply chain disruptions and rising inflation.
Rewiring global trade flows in the Middle East.
Onshoring of manufacturing in the US and the ongoing reindustrialization of the country.
The situation in Japan’s financial markets and the different crosscurrents in the Japanese economy that will likely be felt by global investors.
How new military technologies and strategies contribute to asymmetric warfare.
The problems with AI and the data center buildout, and what AI is actually useful for.
Why every developed country is on the path towards more inflation.
Book Recommendation: The Storm Before The Storm by Mike Duncan.
