The Julia La Roche Show
Julia La Roche
Julia La Roche brings her listeners in-depth conversations with some of the top CEOs, investors, founders, academics, and rising stars in business. Guests on "The Julia La Roche Show" have included Bill Ackman, Ray Dalio, Marc Benioff, Kyle Bass, Hugh Hendry, Nassim Taleb, Nouriel Roubini, David Friedberg, Anthony Scaramucci, Scott Galloway, Brent Johnson, Jim Rickards, Danielle DiMartino Booth, Carol Roth, Neil Howe, Jim Rogers, Jim Bianco, Josh Brown, and many more. Julia always makes the show about the guest, never the host. She speaks less and listens more. She always does her homework.
Episodes
Mentioned books
Mar 10, 2026 • 1h 5min
#346 David Woo: The Market Is Completely Wrong About Iran, Oil & What Comes Next
David Woo, macro trends blogger, economist and CEO of David Woo Unbound, offers geopolitical and market analysis on Iran and oil. He argues markets are complacent and outlines why the Strait of Hormuz and China-Iran ties change the stakes. He discusses oil's pricing, potential winners and losers, political drivers behind current moves, and why a protracted conflict could force markets to rerate risk.
11 snips
Mar 7, 2026 • 38min
#345 Chris Whalen: Private Credit Is Blowing Up, Nobody In Washington Is Paying Attention, and the Trump Administration Is Heading Toward a Financial Crisis
Chris Whalen, a longtime financial analyst and publisher of The Institutional Risk Analyst, warns of private credit contagion, hidden leverage, and opaque valuations. He breaks down BlackRock’s markdown, PIK loan and 'POOP' structures, why he prefers gold over financials, the pressure for Fed rate cuts, and the market effects of Iran escalation and systemic risk.
8 snips
Feb 28, 2026 • 33min
#344 Chris Whalen: Private Credit Is Unraveling, Consumer Credit Is Cracking, and Silver Surges
Chris Whalen, chairman of Whalen Global Advisors and author of The Institutional Risk Analyst, dissects private credit's unraveling and why retail investors were never suited for it. He exposes insurers' role in funding private credit and flags contagion risks. He predicts 2026 will be about liquidity, warns of early consumer credit trouble at specific banks, and outlines a major shift in silver and gold price-setting toward Asia.
Feb 26, 2026 • 57min
#343 Bill Fleckenstein: We're in a Completely Unprecedented Market Environment — And When It Changes, It's Going to Be a Really Big Deal
Bill Fleckenstein, founder of Fleckenstein Capital and veteran macro investor, shares his take on today’s strange market. He discusses how the passive bid, Fed actions, and AI hype have created an unstable mix. He outlines a hidden rotation into old-economy names and explains why gold and miners fit his cautious allocation.
Feb 21, 2026 • 40min
#342 Chris Whalen: The Wharf Rats Are Coming Out — And Retail Investors Will Lose Money
Chris Whalen, financial analyst and author focused on banking, private credit, housing finance, and precious metals. He warns that private credit’s opacity and insurer involvement create liquidity and annuity risks. He argues public markets offer better transparency. He also covers Washington redistricting, a key Voting Rights case, Basel III mortgage changes, and strained silver markets with potential delivery problems.
15 snips
Feb 19, 2026 • 31min
#341 Danielle DiMartino Booth: Americans' Financial Wellbeing Just Hit a Record Low — And the Fed Is Discussing a Hike?
Danielle DiMartino Booth, former Fed insider and CEO of QI Research, critiques Fed policy and labor data. She discusses brewing labor-market recession, phantom payrolls from seasonal adjustments, surging buy-now-pay-later use for essentials, rising underemployment among grads, and AI eroding entry-level roles. She warns about social and political fallout and urges new data and retraining solutions.
Feb 17, 2026 • 44min
#340 Ted Oakley: New Highs AND New Lows Coming — Why I'm Holding 50% Cash
Ted Oakley, founder of Oxbow Advisors with nearly 50 years in investing, explains why he is holding 50% in short Treasuries while waiting for dislocations. He predicts both new highs and new lows ahead. He discusses financial repression, a shift into hard assets like gold and commodities, hidden market leverage, and why active stock picking will matter in the coming volatile year.
11 snips
Feb 14, 2026 • 35min
#339 Chris Whalen: A Manic, Momentum-Driven Market Meets Reality
Chris Whalen, banking and markets analyst who runs Whalen Global Advisors, warns a manic, momentum-driven market is reversing. He explains why AI and crypto narratives are faltering and managers are rotating into safer, income-generating stocks. He also discusses JPMorgan’s sharp ranking drop, housing fixes involving Fed MBS swaps, and why gold and silver remain appealing despite volatility.
Feb 10, 2026 • 56min
#338 Warren Pies: The Bearish Narratives Are Overdone — Bull Market Remains Intact
Warren Pies, founder of 3Fourteen Research and macro strategist focused on equities, commodities, and AI disruption. He lays out a Goldilocks H1 2026 with growth rising and inflation easing. He flags four AI-related risks including buybacks and software derating. He argues dispersion under record highs often precedes rallies and recommends commodities as a nondisruptible hedge.
Feb 7, 2026 • 36min
#337 Chris Whalen: Someone's Going to Be Disappointed — Trump vs. Warsh on the Fed
Chris Whalen, financial analyst and founder of Whalen Global Advisors, breaks down the clash between Trump’s desire for high home prices and Kevin Warsh’s push to shrink the Fed balance sheet. He warns QT could recreate repo stress, explains the PennyMac crash and housing overcapacity, and urges defensive positioning while staying bullish on gold and silver for the long run.
