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 @DRUNKENOMICAL Merch: Drunkenomics.myspreadshop.com Patreon: patreon.com/drunkenomics Stay Dr...
Mar 25, 2022•46 min
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'all!!!...
Mar 17, 2022•48 min
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) @DRUNKENOMICAL Merch: Drunkenomics.myspreadshop.com Patreon: patreon.com/drunkenomics...
Mar 11, 2022•45 min
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.com/drunkenomics
Mar 06, 2022•47 min
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, & Facebook (Meta) @DRUNKENOMICAL Merch: Drunkenomics.myspreadshop.com Patreon: patreon.com/dru...
Feb 17, 2022•43 min
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: patreon.com/drunkenomics Stay Drunkenomical y'all!...
Feb 10, 2022•56 min
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'all!
Feb 03, 2022•53 min
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: Drunkenomics.myspreadshop.com Patreon: patreon.com/drunkenomics Stay Drunkenomical y'all!...
Jan 27, 2022•50 min
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) @DRUNKENOMICAL LinkedIn: https://www.linkedin.com/company/drunkenomics Merch: Drunkenomics.mysp...
Jan 20, 2022•58 min
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, Instagram & Facebook (Meta) @DRUNKENOMICAL Merch: Drunkenomics.myspreadshop.com Patreon: patreon.com/...
Jan 12, 2022•52 min
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 Instagram, Facebook (Meta), and Twitter @DRUNKENOMICAL Merch: Drunkenomics.myspreadshop.com Patreon: patreo...
Jan 06, 2022•49 min
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/drunkenomics Stay Drunkenomical y'all!...
Dec 31, 2021•43 min
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: Drunkenomics.myspreadshop.com Patreon: patreon.com/drunkenomics Stay Drunkenomical y'all!...
Dec 23, 2021•49 min
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 Patreon: Patreon.com/drunkenomics Stay Drunkenomical y'all!!...
Dec 16, 2021•49 min
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 Patreon: patreon.com/drunkenomics Stay Drunkenomical y'all!!...
Dec 10, 2021•49 min
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: Drunkenomics.myspreadshop.com Patreon: patreon.com/drunkenomics K stay drunkenomical y'all...
Dec 03, 2021•43 min
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, & Facebook (Meta) @DRUNKENOMICAL Merch: Drunkenomics.myspreadshop.com Patreon: patreon.com/drunkenom...
Nov 25, 2021•1 hr
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: patreon.com/drunkenomics Stay Drunkenomical y'all...
Nov 18, 2021•58 min
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!
Nov 11, 2021•1 hr
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
Nov 04, 2021•48 min
For almost everything, there's a right way and a wrong way to do it; then theres most certainly a stupid way. So is there a way to possibly protect yourself from the wrong & stupid ways? We also touched on the September Quit Report, Jerome Powell's trading disclosures, supply chain bottlenecks, and what base whiskey to use in an Old Fashioned/Manhattan. Find us on Twitter, Instagram, & Facebook (before they name themselves Verse) @DRUNKENOMICAL Merch: Drunkenomics.myspreadshop.com Patreo...
Oct 21, 2021•53 min
Time to talk about the market's favorite benchmark of volatility: the VIX of the Volatility Index. Trust me, it kind of makes sense if you think about it; but it makes even more sense if you don't think about it at all. Either way, what other Option do you have this week? Find us on Twitter, Instagram, & Facebook @DRUNKENOMICAL Merch: Drunkenomics.myspreadshop.com Patreon: patreon.com/drunkenomics Stay Drunkenomical y'all!!
Oct 14, 2021•1 hr 4 min
Two Fed chairmans are being pressured to step down due to some COI concerns; which will create the tiniest dent in the coming jobs reports I guess. Thankfully, we avoided a shutdown as Congress has agreed to kick the can down the road and re-face the issue in December. Not sure how the two are related without a drink dram of whiskey in hand. Find us on Twitter, Instagram, & Facebook @DRUNKENOMICAL Merch: Drunkenomics.myspreadshop.com Patreon: patreon.com/drunkenomics Stay drunkenomical y'all...
Oct 07, 2021•56 min
It's been nearly one whole month of extraordinary measures to avoid US Government default; and it has only brought us to a pivotal moment. Will the poorly-casted cast & crew in Congress come up with an agreement before the deadline, or will the government shut down? What are the chances the US government actually defaults?? Find us on Twitter, Instagram, & Facebook @DRUNKENOMICAL Merch: shop.spreadshirt.com/drunkenomics Patreon: patreon.com/drunkenomics Stay Drunkenomical y'all!! A Hurrd...
Sep 30, 2021•58 min
So Chinese real-estate giant, Evergrande, really isn't feeling too grand anymore as they're facing some serious debt and liquidity issues. To pour a little salt in the wound, the Chinese government said they're not too big to fail. More details in the episode as the Vix is back up above 25. Find us on Twitter, Instagram, & Facebook @DRUNKENOMICAL Merch: shop.spreadshirt.com/drunkenomics Patreon: patreon.com/drunkenomics Stay Drunkenomical y'all!! A Hurrdat Media Production . Hurrdat Media is...
Sep 23, 2021•1 hr
You asked for it, we drunkly delivered. Here is an episode about PFOF or payment for order flows. Felt timely due to Gary Gensler flirting with the notion of banning it. Also, some big news over the weekend about Guinea that could possibly influence the price of beer cans. Not the beer per se by more so the can itself. Find us on Twitter, Instagram, & Facebook @DRUNKENOMICAL Merch: shop.spreadshirt.com/drunkenomics Patreon: patreon.com/drunkenomics Stay Drunkenomical y'all!! A Hurrdat Media ...
Sep 09, 2021•1 hr 1 min
Supply shocks, such as ones caused by hurricanes, can have either short or long term impacts. It's like the difference between having a hangover vs. a drinking problem. Find us on Twitter, Instagram, & Facebook @DRUNKENOMICAL Merch: shop.spreadshirt.com/drunkenomics Patreon: patreon.com/drunkenomics Stay Drunkenomical y'all!! A Hurrdat Media Production . Hurrdat Media is a digital media and commercial video production company based in Omaha, NE. Find more podcasts on the Hurrdat Media Networ...
Sep 02, 2021•44 min
We're pulling an international finance episode on you guys this week because it just so happens to be the largest exchange in the world. Seriously, did you know that forex markets are much larger than the NYSE, Nasdaq, and Tokyo Stock Exchange combined? Find us on Twitter, Instagram, & Facebook @DRUNKENOMICAL Merch: shop.spreadshirt.com/drunkenomics Patreon: patreon.com/drunkenomics Stay Drunkenomical y'all!! A Hurrdat Media Production . Hurrdat Media is a digital media and commercial video ...
Aug 26, 2021•56 min
If you listen to the end, you'll hear a blooper. But until then, why not get a little geopolitical after what has happened over the weekend in the middle east. Additionally, what's the deal with the taper tantrum ahead of the Jackson Hole meeting next week? Why was the volatility index above 21? Find us on Twitter, Instagram, & Facebook @DRUNKENOMICAL Merch: shop.spreadshirt.com/drunkenomics Patreon: patreon.com/drunkenomics Stay Drunkenomical y'all!! A Hurrdat Media Production . Hurrdat Med...
Aug 20, 2021•39 min
Super quick (Jamesless) rundown of the CPI numbers along with the new budget resolution that was recently passed. I wonder how the infrastructure bill will influence the termination of the debt ceiling suspension. Will be elaborated further in next week's episode. Find us on Twitter, Instagram, & Facebook @DRUNKENOMICAL Merch: shop.spreadshirt.com/drunkenomics Patreon: patreon.com/drunkenomics Stay Drunkenomical y'all!! A Hurrdat Media Production . Hurrdat Media is a digital media and commer...
Aug 12, 2021•20 min
