Lead-Lag Live
Michael A. Gayed, CFA
Lead-Lag Live is your front-row seat to unscripted, real-time conversations with the sharpest minds in finance, economics, and investing.Hosted by Michael A. Gayed, CFA — publisher of The Lead-Lag Report and a widely followed voice on macro strategy — each episode features candid discussions with top portfolio managers, economists, ETF strategists, best-selling authors, and market practitioners. No scripts. No teleprompters. Just raw insight from people who move markets.Every week, we go deep on the themes that matter most: macro trends, interest rates and Fed policy, equity and bond markets, ETF strategies, geopolitical risk, asset allocation, commodities, currencies, and the interplay between risk-on and risk-off positioning.Whether you manage billions or are just getting started, Lead-Lag Live delivers actionable analysis and frameworks you can use — not surface-level market commentary.Originally broadcast live on X Spaces, every conversation is available here as a full-length podcast so you never miss a discussion.Subscribe now and follow @leadlagmedia on X for upcoming live events.
Episodes
Mentioned books
Mar 31, 2026 • 26min
Humanoid Robots Will Replace Millions of Workers — Are You Invested? | Derek Yan
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Mar 31, 2026 • 52min
Consistently Not Stupid: Why Boring Compounders Win When Chaos Reigns
Seth Cogswell, investment manager and founder of Run, builds active equity strategies focused on contrarian, mid-cap quality names. He warns about concentration risk, private credit mark-to-model dangers, and liquidity mismatches. Expect crisp takes on why buying what others ignore can beat crowded indexes and how AI and market hype can mask real vulnerabilities.
Mar 30, 2026 • 28min
The 60/40 Portfolio Is Dead: Risk Parity in a World on Fire
Alex, Co-CIO at Evoke Advisors and architect of the RPAR and UPAR risk parity ETFs, explains why the classic 60/40 split is breaking down. He compares today’s risks to 1970s stagflation, weighs AI-driven disinflation against de-globalization, and outlines risk parity principles, leverage mechanics, and how commodities and gold behave when inflation matters.
Mar 29, 2026 • 11min
He Beat Stage 3 Cancer — Then Fought in the Ring | Aram Babikian
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Mar 28, 2026 • 34min
The Great Unwind: Capital Cycles, Concentration Risk, and What Comes Next
Sign up to The Lead-Lag Report on Substack and get 30% off the annual subscription today by visiting http://theleadlag.report/leadlaglive. Support the show
Mar 23, 2026 • 48min
The Hidden Asset Class Beating Stocks? Carbon Credits Explained
Sign up to The Lead-Lag Report on Substack and get 30% off the annual subscription today by visiting http://theleadlag.report/leadlaglive. Support the show
Mar 17, 2026 • 11min
We Interviewed a $13,500 Humanoid Robot About Its Own ETF | KOID with Joe Dube, KraneShares
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Mar 14, 2026 • 8min
Oil Could Hit $150: John Love on the Strait of Hormuz Crisis, Iran War & Energy Shocks
Oil just hit $100 for the first time since 2022. Could it go to $150?John Love of USCF Investments joins Melanie Schaffer on Lead-Lag Live at Future Proof Miami to break down the biggest oil shock since 1973. With 20% of the world's oil supply at risk through the Strait of Hormuz, Iran vowing to keep the waterway closed, and crude spiking 36% in six days — this is the most consequential energy crisis in decades.In this episode, John explains:Why this oil shock is more dangerous than the 1973 Arab oil embargoHow 6% of global supply has already been shut in — and 20% is at riskThe Iran war scenario: drone warfare, small boat threats, and the new AyatollahWhat happens to oil prices if Trump calls off the war vs. prolonged conflictStrategic petroleum reserves: why a coordinated G7 release may not be enoughChina-Taiwan risk: why China quietly built up reserves over the past yearThe Iraq War playbook: could oil see a 33% single-day drop on resolution?Where to invest in commodities through USCF InvestmentsThis interview was recorded live at Future Proof Miami on March 10, 2026, as oil prices surged past $100/barrel amid the escalating Iran conflict.Links & Resources:USCF Investments: uscfinvestments.comLead-Lag Media: leadlagmedia.comThe Lead-Lag Report: theleadlag.reportSubscribe: theleadlag.report/subscribeDISCLAIMER: This content is for informational and educational purposes only and should not be construed as financial advice.Support the show
Mar 14, 2026 • 8min
Oil Could Hit 150 - John Love on the Strait of Hormuz Crisis
John Love of USCF Investments joins Lead-Lag Live to discuss oil prices and the Strait of Hormuz crisis.Support the show
Mar 10, 2026 • 18min
Europe’s Rebirth: Herve Van Caloen on Germany’s Military & Tech Shift
In this episode of Lead-Lag Live, I sit down with Hervé Van Caloen, President of Mercator Investment Management, to discuss why Europe’s long-standing political and economic models are breaking down — and why that might be exactly what the continent needs for a revival.From Germany’s historic decision to become Europe’s largest military power by 2029 to the shift toward a “two-tier” European Union, Van Caloen explains how a new reality of realism is replacing years of complacency.We also explore the investment opportunities emerging from this shift, looking beyond traditional sectors to uncover hidden opportunities in European defense, semiconductor equipment, and biotech.In this episode:• The End of Complacency – Why the invasion of Ukraine shattered the old French-German leadership model.• Germany’s Military Pivot – How massive defense spending is fueling a revival in German technology and cybersecurity.• The Two-Tier Europe – Chancellor Merz’s vision for a streamlined, decision-oriented European Union.• Investment Frontiers – Why defense leaders like Rheinmetall, Thales, and BAE, along with semiconductor giant ASML, are key players.• Cutting the Red Tape – The urgent need for Europe to return to its 1992 free-market roots and reduce overregulation.Previous Episode: https://youtu.be/hN2qCZv9irYLead-Lag Live brings you inside conversations with the financial thinkers who shape markets. Subscribe for interviews that go deeper than the noise.#Investing #Europe #Geopolitics #DefenseStocks #Semiconductors #Germany #EuropeanUnion #MarketAnalysis #LeadLagLive #ASML #Biotech #EconomySupport the show
