30. S01:E25 – Hugh Hendry the Macro Mad Hatter

  SEASON 01 – EPISODE 25 Welcome back to Milkshakes, Markets, & Madness where we invite you to share a laugh with us each week as we discuss our favorite Twitter tantrums and the madness of financial markets. If you are new to the show please read the LEARN MORE section which follows the show description and chapter timestamps further below. On our website there is an embedded video above and an audio player at the bottom of the page HUGH HENDRY – THE MACRO MAD HATTER In a very special episode full of madness the Milkshakes Duo is joined by the Macro Mad Hatter, the Acid Capitalist himself, Hugh Hendry. What could we possibly say about Hugh that would paint a picture any better than letting Hugh say it himself. We hope you are ready for a long strange trip as we navigate an acid flashback like none other. Learn more on the latest Milkshakes, Markets, and Madness Show. https://youtu.be/MBhpGSORC0A —————– CHAPTERS —————– 00:00 – Title screen 00:05 – Episode overview 01:06 – Disclaimer 01:08 – Video intro (5 seconds) 01:13 – Reckless behavior in St. Barths 03:48 – Healing Hugh (Microdose morning routine) 06:00 – Managing billions and pursuing false gods 11:11 – Acid Capitalist and The Beatles 16:42 – QE and altering the risk mindset 21:42 – The silent depression 22:25 – The Last Bear 24:23 – Investing without prejudice 26:51 – Where Mean Reversion matters 29:28 – China, MMT, and negative rates 36:13 – What is money 38:44 – US Dollar and deficit benevolence 44:52 – Eurodollar Pawn Shop 50:00 – Inverted Yield Curves and Dead Economists 52:55 – Plunge Protection Squad 54:16 – Bitcoin and if Hugh ran the Fed 56:48 – Housing Bubble 2.0 1:01:13 – Ai dystopia 1:04:49 – Banks are dead 1:05:57 – Biden, Trump, and a “Lotto Democracy” 1:08:54 – Tequila sunrise 1:11:25 – Join Hugh in St. Barths 1:12:47 – Favorite book 1:14:43 – How to find Hugh 1:15:14 – Acid Cap .com 1:16:20 – Outro 1:16:34 – Disclaimer ——————— LEARN MORE ——————— Every week, Brent Johnson and Jon Kutsmeda invite you to share a laugh at their favorite Twitter tantrums, and the madness of financial markets. If you are tired of drawn out, jargon filled, boring financial podcasts, then tune in for Milkshakes, Markets, & Madness to enjoy the lighter side and off-topic discussions that include sports, politics, memes, travel, and whatever fun they find during the week. For anyone who is unfamiliar with our hosts, or new to the Dollar Milkshake Theory, please visit the About Us section of this website for additional links that help explain it all. —————————— JOIN THE MADNESS ——————————