WTFinance

Interview recorded - 21st of July, 2027On this episode of the WTFinance podcast I had the pleasure of welcoming back Adrian Day. Adrian Day is the founder of Adrian Day Asset Management and one of the most respected value investors in the resource sector, with over five decades in these markets.During our conversation we spoke about his overview of the economy, US dollar devaluation, precious metals pullback, lowest precious metals sentiment and more. I hope you enjoy!0:00 - Introduction1:15 - Overview of economy and markets?3:32 - US economy weaker?9:37 - Inflation13:58 - US Dollar devaluation15:43 - FED solution19:30 - Precious metals pullback25:28 - Correction in longer bull market28:18 - Lowest precious metals sentiment30:07 - Miners outperforming?32:28 - One message to takeaway?Adrian Day is considered a pioneer in promoting the benefits of global investing in this country. A native of London, after graduating with honors from the London School of Economics, Mr. Day spent many years as a financial investment writer, where he gained a large following for his expertise in searching out unusual investment opportunities around the world. He has also authored two books on the subject of global investing: International Investment Opportunities: How and Where to Invest Overseas Successfully and Investing Without Borders. His latest book, widely praised by readers, is Investing in Resources: How to Profit from the Outsized Potential and Avoid the Risks (Wiley, 2010). Mr. Day is a recognized authority in both global and resource investing. He is frequently interviewed by the press, domestically and abroad. He is a popular speaker and frequently invited to lecture at financial conferences and seminars around the world. His pleasures include fine dining, reading (especially history), and the opera.Adrian Day - Website - https://adriandayassetmanagement.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 - 14th of July, 2026On this episode of the WTFinance podcast I had the pleasure of welcoming back Eric Basmajian. Eric Basmajian is the founder of EPB Research, an independent economic research firm whose work is read by over 250,000 people and used by pension funds, hedge funds, and manufacturers globally.During our conversation we spoke about his overview of the economy, government debt increasing, why markets are skyrocketing while the average consumer struggles, employment and more. 0:00 - Introduction1:33 - Overview of the economy6:26 - Government debt increase8:46 - Consumer credit9:49 - Concentration of profits11:36- Withdrawal of globalisation 15:09 - Margins drop then job cuts23:09 - Employment data26:21 - Market impact30:40 - People gotten wrong?35:30 - One message to takeaway?Eric Basmajian is an economic cycle analyst providing research on long-term and short-term trends in growth and inflation. With a degree in economics and experience at a quantitative hedge fund, Eric has developed a unique secular and cyclical framework to forecast major economic inflection points and the resulting impact on asset prices.Eric holds a bachelor’s degree in economics from New York University. Eric started on the buy-side of the financial sector, as an analyst with Panorama Partners, a quantitative hedge fund specializing in algorithmically scanning for mispriced equity derivatives.Eric Basmajian - Website - https://epbresearch.com/Twitter - https://twitter.com/EPBResearchYouTube - @EPBResearch LinkedIn - https://www.linkedin.com/in/eric-basmajian-32614116a/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 - 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