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Podcast: Raoul Pal: The Journey Man
Episode: Julia La Roche and Raoul Pal: Get Ready For 'Macro Summer'
Description: Raoul joins Julia La Roche to share his macro outlook, views on cryptocurrency and AI, and Exponential Age thesis.In this episode, Pal makes a case that we're currently at the bottom of the business cycle and are headed for what he coined "macro summer" next year. According to Pal, a macro summer is the "holy grail for macro investing," characterized by falling rates, falling inflation, and growth picking up. Pal noted that tech stocks and crypto priced in a recession last year and are forward-looking, indicating a more positive outlook for the economy. At the same...