Erik Townsend and Patrick Ceresna welcome Jesse Felder to MacroVoices. Erik and Jesse discuss:
- Bear market & recession
- Macro risks and lack of reaction from equity markets
- Equity valuations, interest rates & “The Buffet Yardstick”
- Macro earnings model
- Beginning of a recovery?
- Stocks and speculators
- The Magnificent 7
Download the podcast transcript: [Click Here]
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Jesse has been managing money for over 20 years. He began his professional career at Bear, Stearns & Co. and later co-founded a multi-billion-dollar hedge fund firm headquartered in Santa Monica, California. Since moving to Bend, Oregon in 2000 and founding The Felder Report shortly thereafter his writing and research has been featured in major publications and websites like The Wall Street Journal, Barron's, Yahoo!Finance, Business Insider, RealVision, Investing.com and more. Jesse also hosts and produces the Superinvestors and the Art of Worldly Wisdom podcast.