Podcast hosted by Hedgeye CEO Keith McCullough, Real Conversations

Real Conversations

Podcast hosted by Hedgeye CEO Keith McCullough

Hedgeye is an investment research and financial media company founded in 2008. Our core principles are transparency, accountability and trust. Hedgeye’s Real Conversations series, hosted by CEO Keith McCullough, brings together the brightest minds in the business to cut through the noise and discuss the financial market moves that actually matter.LEGALThe opinions expressed in Hedgeye Real Conversations are those of the individual speaking and not of Hedgeye, and should not be construed as specific investment advice. Hedgeye® is a registered trademark. All Hedegye Real Conversations are the intellectual property of Hedgeye. All rights reserved.

Cross Asset Strategy

<ul><li>SP 500 at all-time high, up 8% year to date despite Iran conflict</li><li>NASDAQ also at all-time high, up 12.5% year to date</li><li>Liquidity driving market, Fed balance sheet growing at 6-7% annually, leading to market growth</li></ul>This content is sourced through publicly available sources and has been machine generated. Information displayed is for general informational purposes only.

SP 500 at all-time high, up 8% year to date despite Iran conflictNASDAQ also at all-time high, up 12.5% year to dateLiquidity driving market, Fed balance sheet growing at 6-7% annually, leading to market growthThis content is sourced through publicly available sources and has been machine generated. Information displayed is for general informational purposes only.

'It's the Liquidity, Stupid' | Protect the Pile Episode 11

Macroeconomics

<ul><li>Discussion about market performance and volatility, with the S&amp;P 500 being flat for the year</li><li>Mention of structural themes like private credit and equity affecting the financial system</li></ul>This content is sourced through publicly available sources and has been machine generated. Information displayed is for general informational purposes only.

Discussion about market performance and volatility, with the S&amp;P 500 being flat for the yearMention of structural themes like private credit and equity affecting the financial systemThis content is sourced through publicly available sources and has been machine generated. Information displayed is for general informational purposes only.

Calm Surface, Cracks Beneath: Oil Shocks, Credit Risk & AI Disruption | Protect the Pile Episode 10

Commodities

Crude oil is a naturally occurring, unrefined petroleum product composed of hydrocarbon deposits and other organic materials. Crude oil can be refined to produce usable products such as gasoline, diesel and various forms of petrochemicals. It is a nonrenewable resource, also known as a fossil fuel, which means that it can't be replaced naturally at the rate we consume it and is therefore a limited resource.

<ul>
<li>Markets are currently in a bearish trend, with small and mid caps in the US and most of Europe showing negative indicators</li>
<li>Oil prices have surged due to military strikes on Iran, leading to a forecast of back to back quad three for the next six months</li>
<li>Institutional investors are adjusting their asset allocation to reduce stock market equity beta and increase exposure to assets that will perform well in growing supply chain constraints and geopolitical turmoil</li>
</ul>
This content is sourced through publicly available sources and has been machine generated. Information displayed is for general informational purposes only.


Markets are currently in a bearish trend, with small and mid caps in the US and most of Europe showing negative indicators
Oil prices have surged due to military strikes on Iran, leading to a forecast of back to back quad three for the next six months
Institutional investors are adjusting their asset allocation to reduce stock market equity beta and increase exposure to assets that will perform well in growing supply chain constraints and geopolitical turmoil

This content is sourced through publicly available sources and has been machine generated. Information displayed is for general informational purposes only.

War, Oil, and a Market Repricing in Real Time | Protect the Pile: Episode 8

Gold is a chemical element with the symbol Au (from Latin: aurum) and the atomic number 79. In its purest form, it is a bright, slightly reddish yellow, dense, soft, malleable and ductile metal. Chemically, gold is a transition metal and a group 11 element. It is one of the least reactive chemical elements, and is solid under standard conditions. The metal therefore occurs often in free elemental (native) form, as nuggets or grains, in rocks, in veins and in alluvial deposits. It occurs in a solid solution series with the native element silver (as electrum) and also naturally alloyed with copper and palladium. Less commonly, it occurs in minerals as gold compounds, often with tellurium (gold tellurides).

<ul><li>Gold prices have been steadily rising, with projections of reaching $10,000, possibly as soon as 2026.</li><li>The recent surge in gold prices has attracted more institutional investors and retail buyers, especially in countries like Australia and China.</li><li>The volatility in gold prices has also increased, with the potential for rapid gains as smaller percentage increases can lead to significant profits.</li></ul>This content is sourced through publicly available sources and has been machine generated. Information displayed is for general informational purposes only.

Gold prices have been steadily rising, with projections of reaching $10,000, possibly as soon as 2026.The recent surge in gold prices has attracted more institutional investors and retail buyers, especially in countries like Australia and China.The volatility in gold prices has also increased, with the potential for rapid gains as smaller percentage increases can lead to significant profits.This content is sourced through publicly available sources and has been machine generated. Information displayed is for general informational purposes only.

Ep. 132 Real Conversations | Jim Rickards: Gold, Chaos and the Great Reckoning Ahead

<ul><li>The book discusses new arguments for investing in gold in the modern era, including the threat of cyber financial warfare.</li><li>The hosts discuss the book's exploration of notable advocates and critics of gold investment, including Milton Friedman and Roubini.</li><li>Emphasizing the new arguments in favor of gold investment in the 21st century alongside traditional reasons</li></ul>This content is sourced through publicly available sources and has been machine generated. Information displayed is for general informational purposes only.

The book discusses new arguments for investing in gold in the modern era, including the threat of cyber financial warfare.The hosts discuss the book's exploration of notable advocates and critics of gold investment, including Milton Friedman and Roubini.Emphasizing the new arguments in favor of gold investment in the 21st century alongside traditional reasonsThis content is sourced through publicly available sources and has been machine generated. Information displayed is for general informational purposes only.

The Best of Hedgeye: Jim Rickards → Why Gold Is Going To $10,000