Hedgeye Podcasts
Hedgeye Risk Management
Hedgeye is an investment research and financial media company founded in 2008. Our core principles are transparency, accountability and trust. Hedgeye’s Real Conversations series, hosted by CEO Keith McCullough, brings together the brightest minds in the business to cut through the noise and discuss the financial market moves that actually matter.LEGALThe opinions expressed in Hedgeye Real Conversations are those of the individual speaking and not of Hedgeye, and should not be construed as specific investment advice.Hedgeye® is a registered trademark. All Hedegye Real Conversations are the intellectual property of Hedgeye. All rights reserved. For more information, and to subscribe, go to www.hedgeye.com.
Episodes
Mentioned books
May 9, 2026 • 58min
'It's the Liquidity, Stupid' | Protect the Pile Episode 11
They debate why liquidity and passive flows overpower fundamentals and keep markets climbing despite shocks. The panel explores how machines, CTAs, and momentum are reshaping decision-making and portfolio stress. They discuss the structure and market impact of a potential SpaceX IPO and how big AI listings could reallocate market cap. Japan’s balance-sheet history and implications for future policy also come up.
7 snips
May 5, 2026 • 1h 11min
Hedgeye Investing Summit Spring 2026 | Mike Taylor, Portfolio Manager of PINK Shares for the Cure
Mike Taylor, hedge fund veteran and manager of the PINK Shares for the Cure ETF who channels fund fees to Susan G. Komen. He covers geopolitics and why a Taiwan invasion looks unlikely now. They dig into AI’s rapid disruption of SaaS and white-collar work. Discussion ranges from market signals for frontline risk to trade-school winners, creative destruction, microcap mania, and why active stock selection matters.
May 4, 2026 • 46min
Hedgeye Investing Summit Spring 2026 | Nancy Davis, Founder & CIO of Quadratic Capital
Nancy Davis, Founder and CIO of Quadratic Capital, pioneers interest-rate volatility strategies and created the iVol ETF. She discusses cheap implied rate volatility and large option purchases, hidden short option exposure inside core bond funds, and how iVol serves as portfolio insurance across different macro regimes. They also cover ETF design choices, operational barriers, and when optionality becomes most valuable.
May 3, 2026 • 48min
Hedgeye Investing Summit Spring 2026 | Daniel Lacalle, Chief Economist at Tressis
Daniel Lacalle, Chief Economist at Tressis and former hedge fund manager, shares sharp macro views on currencies, energy, and monetary policy. He challenges de-dollarization claims and explains why the dollar still dominates. They debate central bank drivers of currency moves, UK inflation risks, euro strength, stagflation versus crisis scenarios, and who is most exposed to energy shocks.
May 2, 2026 • 54min
Hedgeye Investing Summit Spring 2026 | Josh Crumb & Jeff Currie, Abaxx Technologies
Josh Crumb, CEO of Abaxx Technologies, building physical-commodity market infrastructure. Jeff Currie, former Goldman Sachs commodities chief, brings macro and geopolitical perspective on energy. They discuss the resurgence of asset-heavy commodities, Iran-driven supply shocks, contrast between physical markets and paper markets, Abaxx’s clearinghouse model, volatility’s role in rationing supply, and risks from crypto-style perpetuals.
May 1, 2026 • 46min
Hedgeye NexGen | Episode 35 | Wealth Inequality (The K-Shaped Economy)
Matt Cooper, Hedgeye Financials analyst who provides clear financial commentary. They unpack the K-shaped economy and who's winning and losing income-wise. They map net worth concentration, equity ownership skew, and post-pandemic asset inflation. Practical budget and debt advice is discussed alongside how energy and inflation ripple through prices.
May 1, 2026 • 48min
Hedgeye Investing Summit Spring 2026 | Jim Bianco, Founder & President of Bianco Research
Jim Bianco, founder and president of Bianco Research and macro/fixed-income analyst, joins to dissect inflation, rates, and market signals. He contrasts bond and stock messages, explores oil price dislocations and consumer pessimism, flags defense and drone vulnerabilities, and outlines AI risks to software and private credit. Short, sharp takes on geopolitics, Fed politics, and what markets are really pricing.
Apr 30, 2026 • 35min
Hedgeye Investing Summit Spring 2026 | Steve Hanke, Prof. of Applied Economics
Steve Hanke, Professor of Applied Economics at Johns Hopkins and noted monetary economist, offers a brisk tour of geopolitics and money. He links money-supply dynamics to inflation. He examines Iran and the Strait of Hormuz, compares historical monetary episodes, and warns about fiscal solvency and geopolitical shocks to growth and oil markets.
Apr 29, 2026 • 47min
Hedgeye Investing Summit Spring 2026 | Chris Whalen, Chairman of Whalen Global Advisors
Chris Whalen, Chairman of Whalen Global Advisors and longtime banking and credit analyst, offers a macro view focused on rates, dollars, and metals. He discusses Federal Reserve model skepticism, market-based policy signals, inflation risks from geopolitical supply shocks, private credit and distressed real estate pressures, and political incentives shaping affordability and short-term fixes.
Apr 28, 2026 • 51min
Hedgeye Investing Summit Spring 2026 | Hedgeye Asset Management
David Salem, a macro portfolio manager who runs drawdown-constrained ETF strategies. R. Patrick Kent, a long-duration strategist focused on structural themes like rearmament and energy. Sam Rahman, a quality-growth stock picker who shifts positioning across regimes. They discuss market quads, price-action during corrections, energy and defense dynamics, liquidity and machine-driven flows, and execution and re-entry for permanent capital.
