Inflation, Why Trillions Are Currently Misallocated, And Where To Invest | Larry McDonald

New York Times’ bestselling author Larry McDonald, founder of The Bear Traps Report, returns to The Julia La Roche Show to discuss his newest book, “How To Listen When Markets Speak: Risks, Myths, and Investment Opportunities in a Radically Reshaped Economy.”
According to McDonald, we’re in the financial equivalent of the “Fourth Turning,” where the macro regime has shifted from a disinflationary, austerity-driven world to a new era of sustained inflation and increased demand for hard assets. As such, trillions of dollars of assets are currently misallocated.
McDonald highlights the potential for a colossal energy and commodity crisis in the coming years, driven by factors such as the aging power grid, global conflicts, and rising carbon consumption in developing countries. He suggests reallocating portfolios to include a higher component of commodities.
Links:
How To Listen When Markets Speak: www.amazon.com/Listen-When-Ma...
Twitter/X: / convertbond
Bear Traps Report: www.thebeartrapsreport.com/
00:00 Introduction and welcome Larry McDonald
01:21 The macro outlook and the shift to a new era
06:00 A different macro regime, great migration into a totally different portfolio construction
09:05 Inflation
11:53 Trillions are misallocated
16:00 Recency bias
20:23 Early innings in commodities
22:00 Headed for a colossal commodities crisis
26:57 Bitcoin, gold, and silver
31:50 Closing remarks
#inflation #investing #commodities

[@balsinghgill9000]

Brilliant host. Asks the question then steps back. Simple. Let the expert share their knowledge, that's why we tune in.

[@excelblackbelt3057]

I said it in the 1980s and I've never changed my mind. There is no such thing as a "services economy". It's a political fiction. Services are an adjunct to an economy, sort of like icing on the cake if you will, but they simply cannot be the center of an economy. We outsourced our way into this situation and now we're attempting to insource our way back to prosperity. I said that in a hot war, we literally would have to rebuild factories that have been abandoned and purchase the machinery for war from our adversary.

[@gregweiss9359]

Thank you Julia! Great guest, great interview as always

[@detectiveofmoneypolitics]

Economic investigator Frank G Melbourne Australia is following this very informative content cheers Frank 😊

[@thehungergames8918]

Great analysis 😃✌️

[@justinwiedeman5017]

Indeed. Excellent perspectives. Thank you.

[@michaelstock9351]

Great video

[@johnoliver4199]

Yes yes! energy and infrastructure to transport it, and new efficiency’s in all related areas and of course commodities related to all. All in the face of increasing global demand. Sort of a no brainer when ya think about it.👍

[@dassa0069]

Julia, Interview Steve Hanke.

[@vincentmurphy9252]

Just look in next 10 years interest could be up to 8% mortgages at 10%plus The 3rd way out and is the easiest is a global depression that would reset prices to normal

[@deseosuho]

I think the most confident prediction you can make is that the 2020s will continue to be a decade of wilder asset price swings than the 2010s

[@issenvan1050]

Should DXY go down during the next recession, as Gundlach suggests?

[@user-qz1qt6zk7v]

Upcoming generations, will shift towards simpler, more wholesome, experiential lifestyles. People on Earth going forward are going live different than People on Earth past.

[@issenvan1050]

How should silver behave during the next recession?

[@issenvan1050]

How has the FED been “fighting inflation” while the reserve requirement has been at zero for quite some time?

[@issenvan1050]

How should BTC perform during a recession?

[@issenvan1050]

How could copper or natgas companies succeed during a recession?

[@TheJuliaLaRocheShow]

Hey everyone! I'm pleased to welcome Larry McDonald back to the pod. He has a wonderful new book, "How To Listen When Markets Speak." You can buy it here: www.amazon.com/Listen-When-Markets-Speak-Opportunities-ebook/dp/B0C4DFVFNR Please join me in the comments section with your feedback. Also, let me know who you want to see on the show this spring. Thanks for your support. 💙Julia

[@ollie4194]

Now get Dennis DeBusschere on! He's one of the few market strategists that nailed the 2023 turnaround.

[@thehungergames8918]

❤

[@philn6052]

It's The Final4 not the Fantastic 4.

[@timgibson3754]

Julia

[@issenvan1050]

Didn’t Einhorn short TSLA?

[@issenvan1050]

Somebody should teach Larry that inflation is a local & a monetary phenomenon…unless he employs “inflation” in a different sense.

[@Sleepete]

I'm the guy he described. I bought equal dollar amounts of gold and bitcoin in 2013, guess which one bought my house and car.

[@sorrycharlie4127]

You got lucky!

[@Resmith18SR]

You're a Genius. How many BTC do you own now? 300?

[@issenvan1050]

There is going to be below-2%-CPI by the year-end.

[@free-qe6wx]

Been hearing that since January 2022.

[@issenvan1050]

@@free-qe6wx From whom?

[@free-qe6wx]

@@issenvan1050 You mean who on mainstream media did not say it.

[@issenvan1050]

@@free-qe6wx I did not say it since 2022, or Steve Hanke & John Greenwood did not say it since 2022. Probably the same people you refer to, who initially had claimed that inflation was going to be “transitory”, now say it will be permanent, have been wrong in both cases, just like the FED. Have you ever heard of the Quantity Theory of Money?

[@issenvan1050]

What happened to his 4-5% CPI plateau?

[@bakntheday]

drawdowns mean nothing if you don't sell.

[@whoahdudeman]

Einhorn? Please! He fundamentally misunderstood so many things. HIs track record ain't that great. Ask him how he did on Delta Lloyd (the Dutch insurer).

[@issenvan1050]

Should the fracking boom come back in 2025?

[@frankpizzo8971]

Davos means well?

[@adrianfranco1028]

A 3% inflation target ? Lol

[@issenvan1050]

This guy has been consistently wrong about inflation. He is good otherwise.

[@acornsucks2111]

So he is just like the rest of them.

[@issenvan1050]

@@acornsucks2111 Unlike Steve Hanke & John Greenwood. Their CPI projections are always accurate (with a negligible margin).

[@sorrycharlie4127]

Well he did vote for Biden! Guest quality on this show is terrible!

[@issenvan1050]

@@sorrycharlie4127Who?

[@laddercrane4346]

​@@issenvan1050I'm the guy that doesn't have to take pictures with girls way out of my League​. @issenvan1050

[@issenvan1050]

P.s. Humans do not create.