DRUNKENOMICS

So...Elon Musk buys Twitter and Disney is in a politcal war with the governor of Florida all in the midst of Q1 earnings season. What a time to have megacap exposure in the markets...if only there was a way hedge against all this uncertainty. Find us on Twitter (lol), Instagram, and Facebook @DRUNKENOMICAL Merch: Drunkenomics.myspreadshop.com Patreon: patreon.com/drunkenomics Stay Drunkenomical y'...

Bad dad-joke, I know. Almost as bad as how high real estate prices are in this economy. But even with the average 30-yr mortgage above 5%, an unwinding of $35 billion in MBS's, and a rising interest rate environment, will the housing market cool down? Find us on Twitter, Instagram, & Facebook (Meta) @DRUNKENOMICAL Merch: Drunkenomics.myspreadshop.com Patreon: patreon.com/drunkenomics Stay Drunkeno...

50% of Americans now feel a recession will fall upon us in the the 12-24 months; which brings us to the spirit that is not whiskey. Instead, it brings us to the animal spirits which can be a leading indicator of an imminent recession. So what does the term "animal spirits" even mean? Find us on Twitter, Instagram, & Facebook (Meta) @DRUNKENOMICAL Merch: Drunkenomics.myspreadshop.com Patreon: patre...

If there was a bird hunt to find a single dove among the members of the FOMC, no one would score. It seems like all the hawks have gobbled them up. So why not have a drink while everyone shifts to a more hawkish outlook and observe through whiskey glasses as the Fed winds down their colossal balance sheet.  Find us on Twitter, Instagram, & Facebook @DRUNKENOMICAL Merch: Drunkenomics.myspreadshop.c...

Had to keep this week short as we drank to the rock legend, Taylor Hawkins. Because of this, liquidity (aka whiskey) was flowing which made it all the more fitting to talk about Modern Monetary Theory (MMT) and how it contrasts with the old Keysian school of thought. Also, happy (or sad) yield curve inversion week! Find us on Twitter, Instagram, & Facebook (Meta) @DRUNKENOMICAL Merch: Drunkenomics...

Imagine having absolutely nothing to hide and actually enjoying the audit process. Firms like Evergrande really need to think outside the box to have that kind of imaginative motor. Nonetheless, every public company is required by law to have an 'independent' company come in and perform an external audit. For what reason? Pour yourself a dram & find out. Find us on Twitter, Instagram, & Facebook @...

HAPPY ST. PATTY'S WEEK EVERYONE! Hope you're still with after being relentlessly click-baited by the FOMC. It's almost like they're trying to take the attention away from the geopolitical tensions in Europe (& elsewhere) and commodity markets.  Find us on Twitter, Instagram, & Facebook (Meta) @DRUNKENOMICAL Merch: Drunkenomics.myspreadshop.com Patreon: patreon.com/drunkenomics Stay Drunkenomical y...

Nickel futures shot up 90% on Monday in a matter of minutes. On top of that, several other commodities, such as aluminum, palladium, and zinc, also hit all time highs; while wheat futures breached 14-year highs. According to Contango theory, commodity futures in a normal market are more expensive than spot prices. But too bad we're in backwardation. Find us on Twitter, Instagram, & Facebook (Meta)...

Ever been cut off at a bar before? I'd imagine it's a lot like being sanctioned. Speaking of which, Russia's been sanctioned by pretty much the entire world in the hopes that the economic squeeze causes Putin to have a change of heart. Like anything else, we'll see what happens. Find us on Facebook, Instagram (Meta), and Twitter @DRUNKENOMICAL Merch: Drunkenomics.myspreadshop.com Patreon: patreon....

First off, happy valentines day to everyone else receiving mixed signals. The FOMC keeps on toying with my emotions too so I sympathize with you. And that giant country in Eastern Europe? Them and Ukraine also keep sending me mixed signals, which in turn sends mixed signals to the energy markets. Maybe I just need to reach for the whiskey bottle & thicken my skin. Find us on Twitter, Instagram, &...

Think of it this way, you can just have a dram of rye on the rocks, or you can have a post-M&A rye on the rocks; some mixologists would call that a Manhattan or an Old Fashioned. But when it comes to M&A, why do they happen? What's the motive? And how does it work logistically?  Find us on Twitter, Instagram, & Facebook (Metaverse) @DRUNKENOMICAL Merch: Drunkenomics.myspreadshop.com Patreon: patre...

Well, I guess the LIBOR was a made up thing anyway; but now the LIBOR is being completely replaced by the Secured Overnight Financing Rate. So may the LIBOR rest in peace forever, but as it's resting, what will that mean for new debts issued? Find us on Twitter, Instagram, & Facebook (Meta) @DRUNKENOMICAL Merch: Drunkenomics.myspreadshop.com Patreon: patreon.com/drunkenomics Stay Drunkenomical y'a...

Welp. There goes all the major averages. They have all officially entered into correction territory. Some experts suggest we were in an equity bubble prior to this pullback we've just witnessed. So what exactly is a bubble, how does it form and how does it burst? And no, unfortunately we are not talking about champagne.  Find us on Twitter, Instagram & Facebook (Meta) @DRUNKENOMICAL Merch: Drunken...

Finally did an episode on the titular banking act that was passed way back in 1933. The Glass-Steagall act was one of the first real banking regulations in America and it proved to be a pivotal point in the life of regulatory oversight of investment/commercial banks. So why did it happen? What came of it? And what's left of it in this day and age?  Find us on Twitter and Meta (Facebook & Instagram...

It seems like military coup d'état's are popping up everywhere and political leaders around the world are being randomly over thrown. Last time we talked about a military coup, the result of the coup shocked the price of aluminum (you know, that can that holds beer). So what exactly is a military coup and how does that affect international finance and commodities markets?  Find us on Twitter, Inst...

Unlike Antonio Brown, most of us will reach retirement age at 59.5 years old (at least according to the US government). At that point, hopefully we've stashed away a nice little nest egg for retirement or the dissaving period of our lives. In the meantime, what are some of the tools can we use to save up for that chapter? That's where savings and retirement/IRA accounts come in.  Find us on Instag...

Ever wondered who the greater fool is in the stock market? Well it's not a hard question to answer; especially after you listen to this episode. Also, thanks for a great year of drinking alongside us. Hope you had fun and we'll see you on the other side of the new year! Find us on Meta (Instagram/Facebook) and Twitter @DRUNKENOMICAL Merch: Drunkenomics.myspreadshop.com Patreon: patreon.com/drunken...

Anyone looking for a one-way ticket from Hong Kong to Taiwan like the capital markets? Additionally, our friends at the FOMC made a powerful statement last week about their new taper tantrum schedule and their plans to pull back money velocity. I guess no one is still aboard the 'inflation is transitory' train anymore. Find us on Twitter, Instagram, & Facebook (Meta) @DRUNKENOMICAL Merch: Drunkeno...

Participatory Preferred is just one of the four types of preferred stock we touched on in this presentation. We'd prefer if you would listen to the rest of the episode to get caught up on the three other types. Also, big news on the Fed meeting today. Be sure to tune in to our reaction next week!  Find us on Twitter & Meta (Facebook & Instagram) @DRUNKENOMICAL Merch: D runkenomics.myspreadshop.com...

Speaking of playing chess not checkers, China and Russia are making moves to plant their flag. In case you missed it, China's trying to plant a military base in Equatorial Guinea while Russia looks like they're trying to finish what they started back in 2014. Doesn't seem sus at all...does it. Find us on Twitter, Meta, Facebook, & Instagram @DRUNKENOMICAL Merch: Drunkenomics.myspreadshop.com Patre...

Welcoming back from Turkey week. Speaking of Turkey, their revolving door of Central Bank Chairmans (among other things) have caused their currency to rapidly decline in value. Not to worry though, because the Fed Chair in the states also retired the word 'transitory.' So...lol to everyone that wished me a Happy Thanksgiving. Find us on Facebook, Twitter, & Instagram (or Meta) @DRUNKENOMICAL Merch...

Yep, there it is; it finally happened. JB (aka President Joe Biden) has appointed a new Vice Chair of the Federal Reserve and that person just so happens to go by Lael Brainard. She has even began her tenure by stating that her primary objective is to address inflation concerns. But what types of inflation are there? This is perhaps a sticky or slippery subject. Find us on Twitter, Instagram, & Fa...

Herein lies a toast to what most investors consider to be the boringest financial instrument out there: Bonds. During these drams of whiskey, we discuss why bonds are issued, terms coupon vs. yield, maturity, and what the par is; not to be confused with shooting a 72 on the golf course.... Find us on Instagram, Twitter, & Facebook (Meta) @DRUNKENOMICAL Merch: Drunkenomics.myspreadshop.com Patreon:...

So October employment/inflation numbers are out and we're here to drink to it; more so drink to how the Fed can use certain tools to control it. So get yourself a bottle of tariff-free whiskey and have a drink with us over Monetary Policy.  Find us on Twitter, Instagram, & Facebook/Meta @DRUNKENOMICAL Merch: Drunkenomics.myspreadshop.com Patreon: patreon.com/drunkenomics Stay Drunkenomical y'all!

The only transitory thing I see is the name "Facebook." Since they're transitioning to Meta, the Fed looks like they're also transitioning to a new stance that believes inflation could be longer than transitory.  Find us on Instagram, Facebook, Meta, Twitter @DRUNKENOMICAL Merch: Drunkenomics.myspreadshop.com Patreon: patreon.com/drunkenomics