Fear Has Returned to Markets with Larry McDonald

Original Interview - 16th of April, 2024
On this episode of the WTFinance podcast I had the pleasure of welcoming on Larry McDonald. Larry is the Founder of the Bear Trap Report and author of the recently released book “How to listen when markets speak”.
During our conversation we spoke about his book, why global inflation could be higher for longer, back to the 60's/70's, the commodity supercycle, debasement of the US Dollar, sanctions, China growth is coming back and more. I hope you enjoy!
Buy the book - www.amazon.com/Listen-When-Ma...
0:00 - Introduction
1:26 - Influence for writing the book?
3:06 - Current views of macroeconomics?
5:06 - Global inflation
8:03 - Things going back to 60’s/70’s?
12:01 - What influenced the 40 year bubble?
13:11 - Austerity in the US during the 2010’s
15:31 - Why haven’t we experienced a crash?
20:03 - Commodity bull market to push economy into recession?
21:43 - Secular shift?
23:24 - Examples of financial repression?
25:19 - Debasing the US Dollar?
27:14 - Sanctions
28:04 - Commodity countries to benefit?
31:24 - More power to OPEC+?
33:07 - US has never produced more energy
34:24 - China growth is coming back
36:24 - Most surprising aspect of researching for the book
39:54 - One message to takeaway from our conversation?
New York Times bestselling author. Our latest -- "When Markets Speak" -- on sale date from our publisher Penguin Random House is March 26th.
Our first book - “A Colossal Failure of Common Sense” is ranked by the CFA Institute in the "Top 20" Books All-Time in Finance. Now one of the bestselling business books in the world, it's translated into 12 languages with over 750,000 copies sold. Right behind PIMCO, Lawrence McDonald is the #2 influencer in the world in Fixed Income by www.rightrelevance.com/ - Join our nearly 120k followers on Twitter @convertbond .
Managing Director, former U.S. Macro strategy head at Societe Generale.
As one of the leading risk managers and market strategists today, Larry is a frequent contributor to Bloomberg, CNBC, MSNBC, and Fox Business. Notably, Larry was a special advisor to the Financial Crisis Inquiry Commission and appeared in the Academy Award-winning documentary, “Inside Job."
Larry has delivered over 160 keynote speeches in 20 countries. He details the complexities of Lehman, why it was allowed to fail, and the aftershocks that have rocked the global economy, and continue today.
From 2004- 2008, Larry was head of the Distressed Debt & Convertible Securities Trading group at Lehman. He ran an extremely successful joint venture between the firm’s fixed income and equity division. Larry was considered one of the firm's most profitable traders. Featured is his global bestseller, during the 2007-2008 period, he led his team in bets against the subprime mortgage crisis, netting over $100m in profits for the doomed firm.
Larry McDonald:
Website - www.thebeartrapsreport.com/
LinkedIn - / convertbond
Book - www.amazon.com/Listen-When-Ma...
WTFinance -
Instagram - / wtfinancee
Spotify - open.spotify.com/show/67rpmjG...
iTunes - podcasts.apple.com/us/podcast...
Twitter - / anthonyfatseas
Thumbnail Image from - www.timesnownews.com/business...

[@WTFinancepodcast]

Do you agree with Larry that the market should fear what is to come?

[@IlaraSantosLatinaModel]

💯

[@youngj00]

Keep the content coming!

[@WTFinancepodcast]

Thank you very much, appreciate it!

[@crimeajewel]

Very interesting ❤😊

[@WTFinancepodcast]

Thanks for watching! Glad you enjoyed

[@briancutsinger]

Great Interview!🌞

[@deriklewis2900]

Absolutely GREAT content! By the way, what office chair do you have Anthony?

[@rkalla]

Excellent interview - agree we are going to have global energy shortages in a few years coping with global growth and new tech boom

[@KaylynnR77]

As always, a great analysis. Newcomers often wonder if it's too late to navigate the financial market, but the market is always unpredictable. Trading has more advantages than simply holding, so it's important to learn before diving in. Active trades are necessary to ride the market's waves. Thanks to Linda Wilburn’s insights, daily trade signals, and my dedication to learning, I've been increasing my daily earnings, managed to grow a nest egg of around 127k to a decent 732k. Kudos to the journey ahead!

[@KaylynnR77]

She's often interacts on Telegrams, using the user-name.

[@KaylynnR77]

@Lindawilburn

[@Bri79673]

Nice, I was just hodling before I found Wilburn. In my opinion she is the very best out there.

[@Guillaume.....22]

Productivity is never accidental; it is always the result of careful planning, dedication, and consistency.......

[@matthewbyrns-sp8lb]

Just a note, the CRIMEX, just smacked the METAL'S before LUNCH

[@johnboy1379]

This is definitely all going to happen. Most that are alive today most likely will not experience in the USA

[@MacChallenge]

Great interviewee, cool. The interview approach is a little too generic for my taste, tbh. Listen to the answers, do follow-up questions, challenge the interviewee, even if you agree. I’d like more effort before I’ll subscribe.

[@todd8856]

NOT gonna happen . . .

[@sungkim2511]

😂😂😂 another book commercial