Hidden Forces
421 episodes - English - Latest episode: 16 days ago - ★★★★★ - 1.4K ratingsGet the edge with Hidden Forces where media entrepreneur and financial analyst Demetri Kofinas gives you access to the people and ideas that matter, so you can build financial security and always stay ahead of the curve.
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Episodes
America’s Political Precipice & the Hyperreality of Markets: Grant Williams & Ben Hunt
January 11, 2021 09:00 - 1 hour - 63.3 MBIn Episode 172 of Hidden Forces, Demetri Kofinas speaks with Grant Williams and Ben Hunt. Ben is the founder of the widely read Epsilon Theory, a newsletter and website that is known for its insights and analysis on markets and society with a particular focus on how narrative drives our perception of the world and our place in it. Grant is the long-time publisher of a popular financial newsletter and the host of the very popular Grant Williams Podcast, which you can find on any major podcast...
The Code of Capital: Markets, Big Tech, & Blockchain | Katharina Pistor
January 04, 2021 09:00 - 1 hour - 63.1 MBIn Episode 171 of Hidden Forces, Demetri Kofinas speaks with Katharina Pistor, a leading scholar of corporate governance, money & finance, property rights, and comparative law & legal institutions. She’s also a prominent commentator on cryptocurrencies, has testified before Congress about them, and has written papers dealing with the issues of digital statehood and monetary sovereignty. Her latest book, “The Code of Capital,” is a tour de force that explains in captivating detail how the law...
The Future of Freedom, Governance, and the Networked State
December 28, 2020 09:00 - 1 hour - 94 MBIn Episode 170 of Hidden Forces, Demetri Kofinas shares an interview he recently did on the Bankless podcast, where he gives his views on the future of freedom and governance. Topics include cryptocurrencies, global macro, monetary policy, geopolitics, and more. Since our episode with Rohan Grey aired, we have seen new regulatory proposals including the FinCen KYC regulations on self-hosted wallets and the recent securities fraud lawsuit filed by the SEC against Ripple. As part of our eff...
The Tyranny of Merit: What Has Become of the Common Good? | Michael Sandel
December 21, 2020 09:00 - 57 minutes - 54.1 MBIn Episode 169 of Hidden Forces, Demetri Kofinas speaks with Michael Sandel, professor of Government Theory at Harvard University Law School, host of the BBC series “The Public Philosopher,” and author of numerous, bestselling books including his latest, “The Tyranny of Merit.” When people complain about meritocracy, the complaint is usually not about the ideal but about our failure to live up to it. According to this complaint, meritocracy is a myth, a distant promise yet to be redeemed...
Understanding the STABLE Act and the Push to Regulate Crypto | Rohan Grey
December 14, 2020 09:00 - 1 hour - 58 MBIn Episode 168 of Hidden Forces, Demetri Kofinas speaks with Rohan Grey, an expert on the legal design and regulation of digital fiat currency and one of the prime authors of the recently proposed STABLE Act put forward by congresswoman Rashida Tlaib of Michigan and congressmen Jesús García and Stephen Lynch of Illinois and Massachusetts respectively. The stated justification for the bill is to “protect consumers from the risks posed by emerging digital payment instruments, such as Face...
What’s Gone Wrong with the Democratic Party & How to Fix it | David Shor
December 07, 2020 09:00 - 59 minutes - 55.5 MBIn Episode 167 of Hidden Forces, Demetri Kofinas speaks with political data scientist David Shor. David was recently described in New York Magazine as Obama’s “In-House Nate Silver” for his work on the president’s re-election campaign where he was responsible for building and maintaining the campaign's election forecasting system, which accurately predicted the outcome to within a point in every state and was the primary input to the campaign's resource allocation decisions in the 2012 elect...
What America's Founders Learned from the Greeks & Romans | Thomas E. Ricks
November 30, 2020 09:00 - 58 minutes - 55.2 MBIn Episode 166 of Hidden Forces, Demetri Kofinas speaks with Pulitzer Prize-winning historian Thomas Ricks about his book “First Principles: What America's Founders Learned from the Greeks & Romans.” The two discuss the influence of Greco-Roman thought and culture on America’s founding generation, while drawing lessons that can be applied to our democracy today. First Principles is a timely book, in that we find ourselves grappling today with many of the same questions, concerns, and anxie...
Emerging Markets & the Turkish Lira: Assessing the Risks & Opportunities | Paul McNamara
November 23, 2020 09:00 - 53 minutes - 50.5 MBIn Episode 165 of Hidden Forces, Demetri Kofinas speaks with Paul McNamara, an Investment Director at global asset manager GAM who serves as the company’s lead manager on hedge fund, emerging market bond and currency long-only strategies. The first half of this conversation focuses on the macro forces driving EM overall, including how the latest vaccines could affect the global recovery and the service and export sectors in emerging markets, the global debt picture and its impact on econom...
The Long (and Short) of it: A Cynic’s Take on Markets & Investing | Jim Chanos
November 19, 2020 20:59 - 56 minutes - 52.8 MBIn Episode 164 of Hidden Forces, Demetri Kofinas speaks with legendary short-seller Jim Chanos, founder of Kynikos Associates, about the art and science of selling short. What is short-selling? What does it mean to sell something short? How does one learn to do it successfully? These are just some of the questions that Demetri and Jim explore in their two-hour-long conversation on markets, politics, and life. Demetri asks Jim for his philosophy on investing and why value-oriented allocator...
Ten Lessons for a Post-Pandemic World | Fareed Zakaria
November 16, 2020 09:00 - 54 minutes - 51.7 MBIn Episode 163 of Hidden Forces, Demetri Kofinas speaks with CNN host and bestselling author Fareed Zakaria, about his book “Ten Lessons for a Post-Pandemic World.” The two explore a wide range of economic, political, social, & geopolitical issues facing America and the world in 2020. They discuss the outcome of the US election and its implications for the republican and democratic parties. Fareed shares his thoughts on what he believes are the major foreign policy challenges currently fa...
Making Sense of Election 2020 and Its Aftermath | Matt Taibb
November 06, 2020 16:24 - 45 minutes - 42.7 MBIn Episode 162 of Hidden Forces, Demetri Kofinas speaks with Matt Taibbi, a contributing editor for Rolling Stone, co-host of the “Useful Idiots” podcast, and author of several, best-selling books on politics, finance, media, and culture. The two discuss the state of the US presidential election and speculate about what may have contributed to Trump’s outperformance, how this election may eventually draw to a close, and when we will know for sure who the winner is. In the overtime, Demet...
Limits and Consequences of Ponzi Economics on Politics, Markets, & Society
November 02, 2020 09:00 - 51 minutes - 49 MBIn Episode 161 of Hidden Forces, Demetri Kofinas plays an interview he recently gave to Sebastien Couture and Friederike Ernst on Epicenter.TV. This is a wide-ranging, macro conversation focused on markets, politics, geopolitics, and crypto. If you enjoyed listening to today’s episode of Hidden Forces you can help support the show by doing the following: Subscribe on Apple Podcasts | Spotify | Stitcher | SoundCloud | YouTube | CastBox | RSS Feed Write us a review on Apple Podcasts ...
Rise of a New Kleptocracy: How Dirty Money is Conquering the World | Tom Burgis
October 26, 2020 08:00 - 1 hour - 60.8 MBIn Episode 160 of Hidden Forces, Demetri Kofinas speaks with Tom Burgis, an investigations correspondent at the Financial Times who is also the author of Kletopia, a book that chronicles the world of dirty money, with its complex web of criminals, money launderers, and politicians who enable it. In recent decades, we have witnessed in the West the rise of a new kleptocracy that knows no boundaries and obeys few laws, which is enabled by a sort of political consensus to loot. This looting...
The Kill Chain: Defending America in the Future of High-Tech Warfare | Chris Brose
October 19, 2020 08:00 - 1 hour - 58.1 MBIn Episode 159 of Hidden Forces, Demetri Kofinas speaks with Chris Brose, fmr. Staff Director of the Senate Armed Services Committee, a fmr. speechwriter to two Secretaries of State, and the current Head of Strategy at Anduril Industries, a defense product company working at the bleeding edge of innovation in defense strategy, procurement, and development. This is a conversation about the story that the American public tells itself about the strength and primacy of American military power ...
Isolationism: A History of America’s Efforts to Shield Itself from the World | Charles Kupchan
October 12, 2020 08:00 - 42 minutes - 40.2 MBIn Episode 158 of Hidden Forces, Demetri Kofinas speaks with Charles Kupchan, a professor of international affairs at Georgetown University, who served as special assistant to the president for national security affairs in the Obama Whitehouse and on the National Security Council under President Bill Clinton. The two explore the history of isolationism in the United States and apply those lessons towards a broader conversation about the future of America and the 2020 election during the e...
Chinese Invasion Threat: Taiwan's Defense & American Strategy in Asia | Ian Easton
October 05, 2020 08:00 - 1 hour - 56.9 MBIn Episode 157 of Hidden Forces, Demetri Kofinas speaks with Ian Easton, Senior Director at the Project 2049 Institute and author of "The Chinese Invasion Threat” about the likelihood and consequences of a Chinese invasion of Taiwan. The Taiwan Strait is one of the most dangerous flashpoints on earth and the island of Taiwan sits right in the middle of one of the busiest maritime sea and air routes in the world. It is situated at the very center of what is known as the first island chain, ...
The Rise of Mohammed bin Salman and the Future of Saudi Arabia | Bradley Hope & Justin Scheck
September 28, 2020 08:00 - 51 minutes - 48.7 MBIn Episode 156 of Hidden Forces, Demetri Kofinas speaks with Wall Street Journal reporters Bradley Hope and Justin Scheck about their new book, “Blood & Oil” that chronicles the rise to power of Saudi Crown Prince Mohamed bin Salman, a story full of multi-billion dollar business deals, high-powered finance, and political intrigue. The first 15 minutes or so of their conversation deal with Bradley and Justin’s process for writing the book, their cultivation of leads, and how they went about...
'Accommodative' Monetary Policy & Risks to Central Bank Independence | Bill Nelson
September 21, 2020 08:00 - 57 minutes - 53.7 MBIn Episode 155 of Hidden Forces, Demetri Kofinas speaks with Bill Nelson, Chief Economist & Executive Vice President at the Bank Policy Institute, who spent most of his career working at the Federal Reserve, with a brief stint at the Bank For International Settlements. Before joining BPI, Dr. Nelson served as a deputy director of the Division of Monetary Affairs at the Federal Reserve Board and actually helped design and manage several of the Fed’s emergency liquidity facilities during the...
The Hype Machine: The Promise and the Peril of Social Media | Sinan Aral
September 14, 2020 08:00 - 1 hour - 58.6 MBIn Episode 154 of Hidden Forces, Demetri Kofinas speaks with Sinan Aral, MIT Professor and author of “The Hype Machine,” about the promise and the peril of social media. Is social media a force for meaningful connection, collaboration, social support, and access to life-saving information? Or is it a propaganda machine that, left unchecked, will destroy democracy, civil society, and our health? Can the promise of social media be realized without the peril? Or are they inexorably linked? ...
The Rise of Carry: the New Financial Order of Decaying Growth & Recurring Crisis
September 07, 2020 08:00 - 56 minutes - 52.8 MBIn Episode 153 of Hidden Forces, Demetri Kofinas speaks with authors Kevin Coldiron, Jamie Lee, and Tim Lee, as they explain how the behavior of financial markets today is not, as is commonly believed, some function of the economy, interest rates, or political developments, but rather a manifestation of what they call “the rise of carry” or the suppression of volatility. In finance, a carry trade is typically thought of as an interest rate arbitrage expressed as a trade between two curren...
Some Thoughts to End the Summer...
August 31, 2020 08:00 - 13 minutes - 13.5 MBIn this short segment, Demetri Kofinas shares some thoughts to end the summer and looks ahead at what listeners can expect to hear in the next few months. You can access the Hidden Forces episode overtimes, transcripts, and rundowns to through the Hidden Forces Patreon Page. All subscribers gain access to our overtime feed, which can be easily added to your favorite podcast application. If you enjoyed listening to today’s episode of Hidden Forces you can help support the show by doing t...
Erdoğan’s Turkey & the Revival of the Ottoman Empire | Soner Çağaptay
August 24, 2020 08:00 - 53 minutes - 50.4 MBIn Episode 152 of Hidden Forces, Demetri Kofinas speaks with Soner Çağaptay, the Beyer Family fellow and director of the Turkish Research Program at The Washington Institute. Soner has written extensively on U.S.-Turkish relations, Turkish domestic politics, and Turkish nationalism and is the author of several books on Turkey including his latest “Erdoğan's Empire: Turkey and the Politics of the Middle East.” Turkey’s neighborhood is arguably ground zero for anyone interested in studying t...
Uncharted Future: Learning to Navigate an Unpredictable World | Margaret Heffernan
August 17, 2020 08:00 - 1 hour - 59.7 MBIn Episode 151 of Hidden Forces, In Episode 151 of Hidden Forces, Demetri Kofinas speaks with journalist, author, and documentary filmmaker Margaret Heffernan, whose best-selling book Willful Blindness, was named one of the most important business books of the decade by the Financial Times. Her latest book, “Uncharted,” addresses many of the core themes and subjects that have captivated our attention on this podcast for years. In today’s conversation, Margaret and Demetri explore many of t...
Is Gold in a New Bull Market? A Deep-Dive Into Humanity’s 5,000-Year-Old Obsession | Rick Rule
August 10, 2020 08:00 - 51 minutes - 48.8 MBIn Episode 150 of Hidden Forces, Demetri Kofinas speaks with Rick Rule, President & CEO of Sprott US Holdings and Senior Managing Director of Sprott Inc. a global, alternative asset manager focused on precious metals and real assets with approximately 12 billion dollars in assets under management. After spending most of the last decade in a period of prolonged underperformance, gold has spent the last two years on a tear, up 67% since September 2018. This episode is meant to introduce Hidd...
The Death of Engagement: America’s New Cold War with China | Orville Schell
August 03, 2020 08:00 - 1 hour - 59.6 MBIn Episode 149 of Hidden Forces, Demetri Kofinas speaks with Orville Schell, Director of the Center on U.S.-China Relations at the Asia Society about the implications of Secretary of State Mike Pompeo's monumental speech at the Nixon Library, the history of engagement with China’s Communist Party, and what a New Cold War with China will mean for the future of peace and security. Dr. Schell’s career as a China scholar spans the entire arch of US-Sino relations since Nixon’s fateful trip to ...
The Rise of Decentralized Finance | Framework Ventures’ Michael Anderson & Vance Spencer
July 27, 2020 08:00 - 57 minutes - 53.9 MBIn Episode 148 of Hidden Forces, Demetri Kofinas speaks with Michael Anderson and Vance Spencer. Mike and Vance are the founders of Framework Ventures, a thesis-driven venture capital firm whose team of technologists, researchers, and investors partner with founders and teams to build token-based networks and develop the requisite cryptoeconomics, governance, and community to scale. The team’s focus is on the hot new space of decentralized finance, known as DeFi for short. They are the ...
What the Twitter Hack Tells Us About Why the Internet Is Broken & How to Fix It | Muneeb Ali
July 22, 2020 08:00 - 1 hour - 59.1 MBIn Episode 147 of Hidden Forces, Demetri Kofinas speaks with Muneeb Ali, co-founder of Blockstack, a full-stack decentralized computing platform and app ecosystem that puts users in control of their identity & data. The two spend the first half of their conversation discussing the recent twitter hack and what lessons can be drawn from the attack. The rest of the episode (including the overtime) is spent on Blockstack and how protocols like it offer solutions for problems of security and...
Don’t Label Me: How to Do Diversity Without Inflaming the Culture Wars | Irshad Manji
July 20, 2020 08:00 - 1 hour - 67.9 MBIn Episode 146 of Hidden Forces, Demetri Kofinas speaks with Irshad Manji, a public intellectual, best-selling author, and Emmy award nominated documentary filmmaker whose latest book “Don’t Label Me,” attempts to educate readers on how to have conversations about politically sensitive subjects without inflaming the culture wars. It should not surprise anyone to learn, therefore, that today’s conversation with Irshad is one of the most pleasant, honest, and meaningful that we have ever had o...
The Rise of Ethereum, the Future of DeFi, & the Transformation of Crypto Media | Camila Russo
July 13, 2020 08:00 - 58 minutes - 55.2 MBIn Episode 145 of Hidden Forces, Demetri Kofinas speaks with Camila Russo, the host of the Defiant podcast and author of “The Infinite Machine,” the first official account of the rise of the Ethereum blockchain. The first 25 minutes of this conversation explores Camila’s experience working as a journalist in Argentina, how she got interested in covering cryptocurrencies, as well as her process for writing such an ambitious book. The rest of the episode deals mostly with the book itself, in...
Grandstanding: the Use and Abuse of Moral Talk | Brandon Warmke & Justin Tosi
July 06, 2020 05:00 - 1 hour - 60.8 MBIn Episode 144 of Hidden Forces, Demetri Kofinas speaks with philosophers Brandon Warmke and Justin Tosi about the phenomenon of grandstanding, which they define as “the use and abuse of moral talk for the purposes of self-promotion.” Although moral grandstanding is a spectacle most commonly associated with those on the political left, the practice of grandstanding is an entirely bipartisan phenomenon. Its increased prevalence in public discourse has dangerous implications for politics an...
How to Fix America's Broken Health System (And Why It Hasn't Happened) | Vivian Lee
June 29, 2020 05:00 - 50 minutes - 47.5 MBIn Episode 143 of Hidden Forces, Demetri Kofinas speaks with Vivian Lee, President of Health Platforms at Verily Life Sciences (an Alphabet company) about America’s broken health system, how to fix it, and why it’s been so difficult to do until now. According to an Institute of Medicine 2012 study, we waste 30 cents of every dollar we spend on health care. That’s over $1 trillion per year. Nearly one-fifth of the US economy goes to pay for health. That’s two to three times more than other...
‘Stonks,’ the Rise of Retail Bros, & Powell’s Money Printer | Tony Greer
June 17, 2020 23:16 - 51 minutes - 48.4 MBIn Episode 142 of Hidden Forces, Demetri Kofinas speaks with Tony Greer, editor of the Morning Navigator and founder of TG Macro. This episode begins with a clip from David Portnoy (a.k.a Barstool Dave or Davey Daytrader), in what is probably the most epic hype video ever created for stock trading. Portnoy has come to personify not only the recent rip-roaring retracement in equities, but also, the philosophy that the stock market no longer bears any relationship to the real economy. “It...
Co-Founder of Neoliberal School on the Foreign Policy of Presidents from F.D.R. to Trump | Joseph Nye
June 15, 2020 08:00 - 59 minutes - 56.2 MBIn Episode 141 of Hidden Forces, Demetri Kofinas speaks with Joseph Nye, the co-founder of the international relations theory of neoliberalism who is credited with developing the concept of "soft power." In his latest book “Do Morals Matter?,” Dr. Nye meticulously weighs the ethics of the foreign policy decisions of American presidents from F.D.R. to Donald Trump. He argues that good moral reasoning should be three-dimensional, weighing and balancing the intentions, the means, and the con...
Active Measures: The Secret History of Disinformation & Political Warfare | Thomas Rid
June 08, 2020 08:00 - 46 minutes - 44 MBIn Episode 140 of Hidden Forces, Demetri Kofinas speaks with Thomas Rid, Professor of Strategic Studies at Johns Hopkins University’s School of Advanced International Studies about active measures, the history of disinformation, and political warfare. We live in the age of organized deception. Spy agencies pour vast resources into hacking, leaking, and forging data, often with the goal of weakening the very foundation of liberal democracy: trust in facts. As a renowned expert on technology...
The Age of Monopoly: Power, Censorship, & The New Consensus | Matt Stoller
June 01, 2020 08:00 - 1 hour - 59.6 MBIn Episode 139 of Hidden Forces, Demetri Kofinas speaks with Matt Stoller, Director of Research at the American Economic Liberties Project and author of Goliath: The Hundred Year War Between Monopoly Power and Democracy. In this nearly two-hour long conversation, we discuss how monopoly, commercial concentration, and regulatory capture drive outcomes in our economy, markets, and political system and what we can do to take that power back. This episode was recorded on Friday, May 29th, amid...
Germany’s Constitutional Court Ruling & the Myth of Central Bank Independence | Adam Tooze
May 25, 2020 08:00 - 53 minutes - 50.9 MBIn Episode 138 of Hidden Forces, Demetri Kofinas speaks with Adam Tooze, professor of history and Director of the European Institute at Columbia University about the German Constitutional Court’s recent ruling. In its decision, the German Court finds that the European Central Bank’s 2015 bond-buying program would be illegal under German law unless the ECB can prove the purchases are justified. The ruling threatens to undermine the very credibility of Central Bank independence, which has alwa...
How the Wealth Gap Drives Imbalances in Global Trade & Finance | Michael Pettis
May 18, 2020 08:00 - 1 hour - 58.2 MBIn Episode 137 of Hidden Forces, Demetri Kofinas speaks with professor of finance at Beijing’s Peking University, Michael Pettis. Profesor Pettis’ research has focused mainly on Chinese financial markets, global trade & capital flows, and central banking. He spent seventeen years on Wall Street running fixed-income trading and capital market desks and has advised governments on privatizations of national banking systems and commercial bank debt restructuring & loan issuance. In their late...
The Great Monetary Inflation & the Future of Digital Money | Michael Casey
May 11, 2020 08:00 - 1 hour - 64.9 MBIn Episode 136 of Hidden Forces, Demetri Kofinas speaks with CoinDesk Chief Content Officer Michael Casey about “The Great Monetary Inflation” and the future of digital money. The two chronicle the financialization of the global economy that occured between the end of gold convertibility in 1971 and the Great Financial Crisis of 2008. They discuss how the period of the 1970’s weighed heavily on the American zeitgeist and the political transformation that occurred between the start of the Ira...
'The Food Supply Chain is Breaking': Food Security During a Global Pandemic | Lowell Randel
May 04, 2020 08:00 - 49 minutes - 46.5 MBIn Episode 135 of Hidden Forces, Demetri Kofinas speaks with Lowell Randel, Vice President of Government and Legal Affairs for the Global Cold Chain Alliance, which serves as the voice of the cold chain industry, representing 1,300 member companies in over 85 countries. The two discuss the impact that COVID-19 and the government shutdowns have had on food supply chains, processing facilities, and the industrial farm sector. The COVID-19 pandemic has caused significant shifts in consumer de...
Radical Uncertainty: Investing in a Volatile World | Eric Peters
April 27, 2020 08:00 - 56 minutes - 53.2 MBIn Episode 134 of Hidden Forces, Demetri Kofinas speaks with Eric Peters, CIO of One River Asset Management and author of Weekend Notes about investing in a volatile world where four decades of assumptions about markets, politics, and policy no longer hold. We are living through a period of radical uncertainty and disillusionment with institutions and markets that we haven’t seen for a hundred years. International alliances are shifting. National priorities are changing. The role of gover...
Monetary Revolution: Innovation in the Age of Financial Repression | Nic Carter
April 26, 2020 22:05 - 1 hour - 99.3 MBNic Carter is a partner at Castle Island Ventures, a Cambridge MA-based venture fund focused on seed stage investments in public blockchain startups. He’s also the cofounder and chairman of Coin Metrics, a blockchain analytics company and he is a regular columnist at CoinDesk where he writes thoughtfully about the political economy and issues concerning bitcoin and the cryptocurrency market. Nic been on the show before; he was our guest on episode 97. He’s thoughtful; he’s interesting to t...
The Power of Authenticity, Narrative, & Breaking the Ad Model | Grant Williams & Ben Hunt
April 20, 2020 08:00 - 53 minutes - 50.7 MBIn this Special Episode of Hidden Forces, Demetri Kofinas releases the overtime segment to Episode 123 with Grant Williams and Ben Hunt. The three discuss the power of authenticity and narrative in an era of fake news and “ponzi people,” what it’s like to build a content business, what they’ve learned doing it, and what drives them to keep going. You can support Demetri and the team at Hidden Forces by becoming a premium subscriber, which gives you access to transcripts, rundowns, and over...
Surveying the Damage: The State of China’s Economy in the Wake of COVID-19 | Leland Miller
April 13, 2020 08:00 - 54 minutes - 51.5 MBIn Episode 133 of Hidden Forces, Demetri Kofinas speaks with Leland Miller, CEO of China Beige Book, which runs the largest private Chinese data collection operation in the world, about the state of China’s economy in the wake of COVID-19. The two discuss the impact of the global shutdown on all the major sectors of China’s economy, as well as the implications for China’s already fragile banking system. During the overtime, Leland and Demetri consider a host of geopolitical consequences th...
The Impact of COVID-19 on Global Supply Chains with ISM CEO | Tom Derry
April 09, 2020 08:00 - 54 minutes - 51.6 MBIn Episode 132 of Hidden Forces, Demetri Kofinas speaks with Tom Derry, CEO of the Institute for Supply Management and publisher of the market-moving ISM Manufacturing Index about the impact of COVID-19 on global supply chains. This is a deep-dive into how the intricate world of just-in-time manufacturing, outsourcing, and globalization has been impacted by the world-wide disruptions caused by the novel coronavirus. In recent years, global supply chains have been in the process of a funda...
The Second Leg Down: Strategies for Profiting After a Market Sell-Off | Hari Krishnan
April 05, 2020 00:45 - 1 hour - 60.4 MBIn Episode 131 of Hidden Forces, Demetri Kofinas speaks with Hari Krishnan, a portfolio manager at Doherty Advisors responsible for the VXR (VIX replication strategy) and hedging solutions business. The two discuss Hari’s thesis around risk management, portfolio construction and positioning once a market downturn is already underway. Although the content discussed in this episode is considered “sophisticated,” we try and make it accessible to the average listener. Topics include the investor...
Gillian Tett | Wartime Economy: The Greatest Financial & Political Crisis Since World War II
March 31, 2020 08:00 - 43 minutes - 41.7 MBIn Episode 130 of Hidden Forces, Demetri Kofinas speaks with Gillian Tett, chair of the editorial board and editor-at-large of the Financial Times about America’s new “wartime economy” and the unspoken consequences of the most radical financial and political crisis since World War II. Demetri starts the conversation by asking Gillian what it’s like to run the largest financial newspaper in the world during the greatest economic and political crisis in three generations. The two discuss the...
Wartime Economy: The Greatest Financial & Political Crisis Since World War II | Gillian Tett
March 31, 2020 08:00 - 43 minutes - 40.3 MBIn Episode 130 of Hidden Forces, Demetri Kofinas speaks with Gillian Tett, chair of the editorial board and editor-at-large of the Financial Times about America’s new “wartime economy” and the unspoken consequences of the most radical financial and political crisis since World War II. Demetri starts the conversation by asking Gillian what it’s like to run the largest financial newspaper in the world during the greatest economic and political crisis in three generations. The two discuss the...
Why a Spike in the Price of Gold Futures Matters for People Buying Toilet Paper in Nebraska | Josh Crumb
March 30, 2020 08:00 - 1 hour - 68.1 MBIn Episode 129 of Hidden Forces, Demetri Kofinas speaks with Josh Crumb, founder & CEO of Abaxx Technologies, which is launching a new commodity futures exchange in Singapore over the next year. Josh was formerly a macro economist and commodity strategist at Goldman Sachs, where he was the head of metals strategy. He is also a co-founder of gold bullion dealer Goldmoney, and Jewelry company Mene. In their conversation, Josh and Demetri discuss a curious case of backwardation on the COMEX,...
George Selgin | Government-Mandated Shutdown: Monetary & Fiscal Policy in Crisis
March 28, 2020 16:00 - 59 minutes - 55.5 MBIn Episode 128 of Hidden Forces, Demetri Kofinas speaks with George Selgin, director of the Center for Monetary and Financial Alternatives at the Cato Institute about the recently announced monetary and fiscal policy measures being undertaken to stem the economic fallout from COVID-19 and the government mandated shutdown of the American economy. This is a deep-dive into the specifics of the Federal Reserve and US government’s policies, including the mechanics of the monetary and fiscal stimu...
Government-Mandated Shutdown: Monetary & Fiscal Policy in Crisis | George Selgin
March 28, 2020 16:00 - 59 minutes - 54.1 MBIn Episode 128 of Hidden Forces, Demetri Kofinas speaks with George Selgin, director of the Center for Monetary and Financial Alternatives at the Cato Institute about the recently announced monetary and fiscal policy measures being undertaken to stem the economic fallout from COVID-19 and the government mandated shutdown of the American economy. This is a deep-dive into the specifics of the Federal Reserve and US government’s policies, including the mechanics of the monetary and fiscal stimu...