The ACID Capitalist Podcast Acid Breath - The Deal - 8th October 2025
Oct 9, 2025
In a gripping analysis, the host dives into the Philly Fed’s unexpected insights amidst the chaos of a shutdown. He paints a vivid picture of Stephen Miran's theory on population shocks, revealing their quick impact on jobs and rents. Amidst discussions on tariffs as an industrial remedy, the complexities of the Fed's Kobayashi Maru dilemma are explored. Global capital flows and the potential for a US-Japan equity deal are scrutinized, wrapped up with practical trading advice. Humor and irony breathe life into the macroeconomic narrative.
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Storms At Blanc Bleu
- Hendry describes a violent tropical storm that shook his house in St Barts to set a mood of nature's unpredictability.
- He uses the storm as a metaphor for the macro gods and chaotic market forces.
Capital Flows Inflate US Assets
- High US risk-free rates and superior returns suck global capital into American assets, starving growth elsewhere.
- Hendry frames this as capital being 'sucked into America' and inflating domestic assets.
Tariffs As Industrial Reset
- Hendry views Trump's tariffs and trade pressure as a deliberate reset to rebuild domestic supply chains and fight mercantilism.
- He believes such policies can be politically attractive because they promise jobs and industrial revival.