TIP301: GLOBAL MACRO ECONOMICS
W/ GRANT WILLIAMS & LUKE GROMEN
14 June 2020
On today’s show, Preston and Stig have a conversation with Grant Williams and Luke Gromen about the current global macro situation in the world.
IN THIS EPISODE, YOU’LL LEARN:
- How can the US continue printing dollars without the dollar significantly weakening?
- Which role the treasury market has in the geopolitical situation between the US and China?
- Whether the US could end up like the Weimar Republic or Venezuela.
- Why is gold not going higher despite the excessive money printing.
- The difference between the gold and the bitcoin market and what the indicators tell us.
- Ask The Investors: Why don’t more companies issue shares when its stock trades at all-time high?
TRANSCRIPT
Disclaimer: The transcript that follows has been generated using artificial intelligence. We strive to be as accurate as possible, but minor errors and slightly off timestamps may be present due to platform differences.
Intro 0:00
You’re listening to TIP.
Preston Pysh 0:02
On today’s show, we have two huge guests, Mr. Grant Williams, the co-founder of Real Vision TV and the popular website, Things That Make You Go Hmmm, and also Mr. Luke Roman, the founder of the research firm, Forest for the Trees. Both of these guys are two of the smartest macrothinkers I know, so get ready for an incredible episode as we cover all things happening in the global economy today.
Intro 0:30
You are listening to The Investor’s Podcast, where we study the financial markets and read the books that influence self-made billionaires the most. We keep you informed and prepared for the unexpected.
Preston Pysh 0:50
Hey, everyone, Welcome to The Investor’s Podcast. I’m your host, Preston Pysh, and as always, I’m accompanied by my co-host, Stig Brodersen. Like we said in the intro, we’ve got Grant Williams and Luke Roman here. Guys, man, it’s awesome to have you here.
Hey, this is what I’ve got in mind for this episode. Every time I have a conversation with folks like yourself, it seems like when we stop recording all the best conversation, all the best questions for each other kind of comes out. Since you guys have done a lot of interviews, I’m kind of curious if you’ve seen the same thing happen.
So, what I want to do is just have a conversation like that, where we can basically ask each other whatever’s on your mind, whatever’s kind of up in the air right now. The thing that I want to talk about to kick this off is I want to hear Grant’s thoughts on something that Luke had posted the other day. Luke, you posted this thing about China offloading their dollar-denominated debt into the emerging market. Tell Grant a little bit about your post, and I want to capture Grant’s thoughts on it.
HELP US OUT!
Help us reach new listeners by leaving us a rating and review on Apple Podcasts! It takes less than 30 seconds, and really helps our show grow, which allows us to bring on even better guests for you all! Thank you – we really appreciate it!
BOOKS AND RESOURCES
- Preston and Stig’s previous interview with Luke Gromen about the Stock Market Melt-up.
- Luke Gromen’s website, The Forrest for the Trees.
- Tweet directly to Luke Gromen.
- Tweet directly to Grant Williams.
- Grant William’s website.
- Preston and Stig’s episode on William Thorndike’s book, The Outsiders.
NEW TO THE SHOW?
- Check out our We Study Billionaires Starter Packs.
- Browse through all our episodes (complete with transcripts) here.
- Try our tool for picking stock winners and managing our portfolios: TIP Finance Tool.
- Enjoy exclusive perks from our favorite Apps and Services.
- Stay up-to-date on financial markets and investing strategies through our daily newsletter, We Study Markets.
P.S The Investor’s Podcast Network is excited to launch a subreddit devoted to our fans in discussing financial markets, stock picks, questions for our hosts, and much more! Join our subreddit r/TheInvestorsPodcast today!
SPONSORS
- Get a FREE book on how to systematically identify and follow market trends with Top Traders Unplugged.
- Solve your long list of must-reads once and for all with Blinkist.
- Write like a pro with advanced real-time feedback with Grammarly Premium.
- Investing in the important COVID-19 vaccine that MigVax is doing with OurCrowd.
- Support our free podcast by supporting our sponsors.
PROMOTIONS
Check out our latest offer for all The Investor’s Podcast Network listeners!