WTFinance

Interview recorded - 7th of July, 2026On this episode of the WTFinance podcast I had the pleasure of welcoming back Daniel Lacalle. Daniel Lacalle is the Chief Economist at Tressis, a professor of global economics, and the author of Escape from the Central Bank Trap.During our conversation we spoke about his overview on the economy, central banks hawkishness, strong economics, AI Bubble, Debt Crisis 2.0 and more. I hope you enjoy!0:00 - Introduction1:19 - Overview of economy and markets4:07 - Central Banks hawkishness5:39 - Strong economies11:22 - AI bubble?19:10 - Value investing22:59 - Thematic trends24:18 - Dollar strength27:01 - Warsh impact?30:07 - Debt access32:31 - Debt crisis 2.0?38:25 - One message to takeaway?Daniel Lacalle has a PhD in Economy and is a fund manager. He holds the CIIA financial analyst title, with a post graduate degree in IESE and a master’s degree in economic investigation (UCV).On January 30th, Mr. Lacalle was mentioned in the US House of Representatives by Congressman Mr. Joe Wilson from South Carolina, citing his article Do Not Forget About Cuba.Mr. Lacalle has presented and given keynote speeches at the most prestigious forums globally, including the Federal Reserve in Houston, the Heritage Foundation in Washington, London School of Economics, Funds Society Forum in Miami, World Economic Forum, Forecast Summit in Peru, Mining Show in Dubai, Our Crowd in Jerusalem, Nordea Investor Summit in Oslo, and many others.Mr Lacalle has more than 24 years of experience in the energy and finance sectors, including experience in North Africa, Latin America and the Middle East. He is currently a fund manager overseeing equities, bonds and commodities. He was voted Top 3 Generalist and Number 1 Pan-European Buyside Individual in Oil & Gas in Thomson Reuters’ Extel Survey in 2011, the leading survey among companies and financial institutions.Daniel Lacalle - Website - https://www.dlacalle.com/en/YouTube - @DanielLacalleOfficial X - https://x.com/dlacalle_IAWTFinance -Instagram - https://www.instagram.com/wtfinancee/Spotify - https://open.spotify.com/show/67rpmjG92PNBW0doLyPvfniTunes - https://podcasts.apple.com/us/podcast/wtfinance/id1554934665?uo=4Twitter - https://twitter.com/AnthonyFatseas

The Mercantilist Restoration - https://anthonyfatseas.substack.com/p/the-mercantilist-restoration-how

Interview recorded - 30th of June, 2026On this episode of the WTFinance podcast I had the pleasure of welcoming on Melody Wright. Melody Wright is a real estate, macro, and technology analyst who began her mortgage career at GMAC ResCap in 2006 and helped manage the historic ResCap bankruptcy. She publishes the M3 Melody Substack. During our conversation we spoke about her thoughts on the real estate market, why it could be worse than 2008, lowest sales in 30 years, how experts have it so wrong and more. I hope you enjoy!0:00 - Introduction1:33 - Overview of housing markets?4:30 - Inventory overload9:05 - Low rates locked in12:54 - Debt to income worse than 200814:44 - Slow sales16:42 - Experts gotten it wrong18:54 - Homebuilders22:12 - Market impact?24:40 - PE exposure26:12 - How bad?28:20 - Government intervention30:32 - Inflation price32:47 - Demographic impact34:20 - One message to takeaway?Melody Wright - X - https://x.com/m3_melodySubstack - https://m3melody.substack.com/WTFinance -Instagram - https://www.instagram.com/wtfinancee/Spotify - https://open.spotify.com/show/67rpmjG92PNBW0doLyPvfniTunes - https://podcasts.apple.com/us/podcast/wtfinance/id1554934665?uo=4Twitter - https://twitter.com/AnthonyFatseas

Interview recorded - 22nd of June, 2026On this episode of the WTFinance podcast I had the pleasure of welcoming back Henrik Zeberg. Henrik Zeberg is a macroeconomist and chartist who builds his forecasts on business cycles, Elliott wave analysis, and cross-market structures. During our conversation we spoke about his overview of the economy, the weak consumer, AI Capex bubble, why he sees history repeating itself, a stock market crash worse than 2008 and more. I hope you enjoy!0:00 - Introduction1:36 - Overview of the economy4:24 - Weak consumer6:12 - AI story8:02 - AI Capex9:12 - Consumption economy10:45 - Trade impact14:50 - History repeating?17:48 - Repeat of 2008?23:19 - Inflation31:11 - Supply driven inflation32:13 - All assets effected?35:10 - One message to takeaway?Henrik Zeberg is a Macroeconomist (M.Sc. Econ) from the University of Copenhagen. He is a Business Cycles student, Elliott Wave practitioner, and Chartist. You can find out more about his newsletter on his Website.Henrik Zeberg - Newsletter - https://www.thezebergreport.com/Twitter - https://twitter.com/HenrikZebergWTFinance -Instagram - https://www.instagram.com/wtfinancee/Spotify - https://open.spotify.com/show/67rpmjG92PNBW0doLyPvfniTunes - https://podcasts.apple.com/us/podcast/wtfinance/id1554934665?uo=4Twitter - https://twitter.com/AnthonyFatseas

Mercantilist Reformation - https://anthonyfatseas.substack.com/p/the-mercantilist-restoration-how?r=1ni7opInterview recorded - 22nd of June, 2026On this episode of the WTFinance podcast I had the pleasure of welcoming back Michael Howell. Michael Howell is the founder of CrossBorder Capital, a former Salomon Brothers research director, and the author of Capital Wars. During our conversation we spoke about Michael's overview of the economy and liquidity, Kevin Warsh's hawkishness, debt rollover, inflation linked to supply chain, Chinese issues and more. I hope you enjoy!0:00 - Introduction1:14 - Overview of economy and liquidity?6:14 - Kevin Warsh hawkishness8:43 - Debt rollover18:58 - Inflation linked to supply chains20:41 - Balance Sheet Recession22:51 - Chinas economic problems28:02 - Chinese bonds30:08 - Other economies37:23 - Dollar & Gold41:46 - One message to takeaway?Michael Howell is CEO of CrossBorder Capital, a London-based FCA registered, independent research and investment company that he founded in 1996. Previously he was Head of Research for Baring Securities and Research Director of Salomon Brothers Inc, the US investment bank. The liquidity methodology he pioneered monitors cross-border flows and Central Bank behaviour across some 80 countries world-wide. Liquidity flows are a central part of CrossBorder Capital's asset allocation advice, which is currently provided to major global investors, including institutional asset managers, government agencies, Central Banks and endowment funds. Michael has been in financial markets since 1981 and is a regular conference speaker and media commentator. He graduated from Bristol and London Universities with a finance doctorate, specialising in Fixed Income.Michael Howell -Website - https://crossbordercapital.com/Twitter - https://twitter.com/crossbordercapLinkedIn - https://www.linkedin.com/in/michael-howell-357b1416/?originalSubdomain=ukWTFinance -Instagram - https://www.instagram.com/wtfinancee/Spotify - https://open.spotify.com/show/67rpmjG92PNBW0doLyPvfniTunes - https://podcasts.apple.com/us/podcast/wtfinance/id1554934665?uo=4Twitter - https://twitter.com/AnthonyFatseas

The Mercantilist Restoration - https://anthonyfatseas.substack.com/p/the-mercantilist-restoration-how?r=1ni7opInterview recorded - 19th of June, 2026On this interview I had the pleasure of welcoming back Gerald Celente. Gerald Celente is the founder of the Trends Research Institute and publisher of the Trends Journal, considered by many the top trends forecaster in the world. During our conversation we spoke about his current view on geopolitics and the economy, whether the ceasefire will hold, why it is bad for the markets, AI bubble bursting and more. I hope you enjoy!0:00 - Introduction1:33 - Overview of geopolitics and economy4:51 - Conflict not over?7:41 - Negative for markets10:58 - Geopolitical upheaval15:07 - AI bubble crash19:38 - New FED chair21:07 - Move to gold23:17 - One message to takeaway?Gerald Celente is the Founder/Director of the Trends Research Institute and Publisher of the weekly Trends Journal magazine. He is the author of the highly acclaimed and best-selling books “Trend Tracking” and “Trends 2000” (Warner Books). With a 43-year track record of identifying, tracking, and forecasting trends, Celente is world-renowned as today’s #1 Trend Forecaster. Celente has earned the reputation as a trusted name in trends for his many accurate forecasts; among them, the 1987 Stock Market crash, Dot com bust, “Gold Bull Run,” “Panic of ‘08,” the rise of organic foods, and the popularity of gourmet coffee long before Starbucks was a household name. Celente, who developed the Globalnomic methodology to identify, track, forecast, and manage trends, is a political atheist. Unencumbered by political dogma, rigid ideology, or conventional wisdom, Celente, whose motto is “Think for Yourself,” observes and analyzes current events forming future trends for what they are – not for how he wants them to be. A true American Patriot, Celente owns three pre-Revolutionary stone buildings on the most historic corner in America, where the seeds of Democracy were sown, Colonial Kingston, New York’s first Capitol. Self-described as a “Warrior for the Prince of Peace,” Gerald Celente is also the Founder “Occupy Peace & Freedom,” a not-for-profit movement to honor the Constitution and Bill of Rights and restore Freedoms.Gerald Celente - Journal - https://trendsjournal.com/YouTube - @gcelente Twitter - https://twitter.com/geraldcelenteWTFinance -Spotify - https://open.spotify.com/show/67rpmjG92PNBW0doLyPvfniTunes -https://podcasts.apple.com/us/podcast/wtfinance/id1554934665?uo=4LinkedIn - https://www.linkedin.com/in/anthony-fatseas-761066103/Twitter - https://twitter.com/AnthonyFatseas