Podcast Episodes

Absolute Value

Episode 11

Biden goes for broke on growth, driving coincident and leading indicators to all-time highs; the Value recovery and where it goes from here; COVID he…

5 years, 1 month ago

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Interest rate pretzels and the Zoom shock on real estate

Episode 10

If long-term US interest rates stay below 2%, that’s a great sign for equity investors. But if they don’t… it’s amazing to see the pretzels that peop…

5 years, 2 months ago

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Very short stories

Episode 9

Short stories on the global recovery, plummeting COVID infections, Larry Summers & the bond market, SPAC sponsors, renewable energy, the Texas power …

5 years, 3 months ago

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Hydraulic Spacking

Episode 8

In this month’s note, we look first at the SPAC capital raising boom. Our main focus: returns to date for SPAC sponsors and investors, and the large …

5 years, 3 months ago

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Fear of Flying

Episode 7

Equity markets are flying. So is COVID. So are corporate reactions to Congressional objectors.

5 years, 4 months ago

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Outlook 2021: The Hazmat Recovery

Episode 6

Michael Cembalest’s views on what will drive markets and the economy in 2021, as well as the challenges we face that stimulus and vaccines can’t solv…

5 years, 4 months ago

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Holiday Eye on the Market: The Winter of Our Discontent

Episode 5

The belief in election illegitimacy is spreading faster than COVID. With field reporting from Alexander Fleming, Rutherford B Hayes, Richard III, Bob…

5 years, 5 months ago

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The Armageddonists, Revisited

Episode 4

The Armageddonists were not rescued from underperformance purgatory by COVID, and markets are at all-time highs again with prospects for further gain…

5 years, 6 months ago

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Quiet Flows the Don

Episode 3

For the first time in 100 years, a challenger unseated an incumbent President at a time of strong economic and market tailwinds. However, the electio…

5 years, 6 months ago

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Buckle Up

Episode 2

The problem with states that do not allow pre-election processing of absentee ballots; a COVID Rorschach test; Trump and Biden deficit explosions, eq…

5 years, 7 months ago

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