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Forward Guidance

Blockworks
Federal Reserve
Inflation
Bitcoin
Tariffs
Interest Rates
Monetary Policy
Labor Market
Artificial Intelligence
Gold
Economic Growth
Fiscal Policy
China
Stablecoins
U.S. Economy
Crypto
Cryptocurrency
Bond Market
United States
AI Capex
Stock Market

The laws of macro investing are being re-written, and investors who fail to adapt to the rapidly changing monetary environment will struggle to keep pace. Felix Jauvin interviews the brightest minds in finance about which asset classes they think will thrive in the financial future that they envision. Follow Felix: twitter.com/fejau_inc Follow Forward Guidance: twitter.com/ForwardG... more

PublishesTwice weeklyEpisodes633Founded5 years ago
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Artwork for Forward Guidance

Latest Episodes

Can anything stop oil's run when the SPR is already drained?

This week, we dig into why the oil squeeze is becoming structural, not just a Strait of Hormuz story.

We explore the oil curve trade, the Brent–WTI gap, tightening financial conditions, a... more

Is crypto finally rewarding the investors who do the work?

This week, we sit down with three top allocators at DAS Singapore to unpack where the real alpha lives in an early, uneven bull market.

We explore where crypto x AI actually works, building... more

YouTube

Is the AI trade now the only thing standing between the economy and a slowdown?

This week, we unpack why bonds are rallying through scalding inflation data and what that says about the current cycle and inflection point in markets.

We explore the c... more

YouTube

Are onchain markets about to become the default way the world trades?

This week, Felix sits down live at DAS Singapore with Robinhood's Johann Kerbrat and Lighter's Vlad Novakovski to unpack the convergence of TradFi and crypto.

We explore 24/7 tra... more

YouTube

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Recent Guests

Arthur Cheong
Founder and CEO of Defiance Capital, a crypto liquid fund investing since 2020.
Defiance Capital
Episode: Where Is The Crypto Alpha Hiding This Cycle?
Rajiv Patel-O'Connor
General partner at Framework Ventures, an investment firm focused mainly on early-stage ventures.
Framework Ventures
Episode: Where Is The Crypto Alpha Hiding This Cycle?
Johann Kerbrat
Robinhood executive leading its crypto business.
Robinhood
Episode: Robinhood & Lighter: Why Wall Street Is Moving Onchain
Vlad Novakovski
Lighter founder and CEO with a background at Citadel.
Lighter
Episode: Robinhood & Lighter: Why Wall Street Is Moving Onchain
Aidan Garrib
Head of Global Macro Strategy and Research at PGM Global
PGM Global / National Bank of Canada
Episode: America’s AI Boom Is Squeezing Main Street | Weekly Roundup
David Cervantes
Fixed income professional, also known as DCP
Independent / Fixed income veteran
Episode: The Bond Market Pain Isn't Over | Weekly Roundup
Vincent Deluard
Economist, StoneX
StoneX
Episode: The Fed Is Hiking Into A Growth Slowdown | Weekly Roundup
Dean Curnutt
CEO of Macro Risk Advisors
Macro Risk Advisors
Episode: The Market Is Mispricing A Correlation Shock | Dean Curnutt
Matt Hougan
CIO of Bitwise
Bitwise
Episode: Fiscal Dominance Is Breaking The 60/40 Portfolio | Matt Hougan & Bob Haber

Hosts

Felix Jauvin
Host of Forward Guidance, turns macro insights into accessible market commentary.
Quinn
Host and analyst contributor providing market commentary and analysis.

Reviews

4.6 out of 5 stars from 1.1k ratings
  • The “I don’t know “ podcast

    If there was a drinking game where we had a drink every time we hear ‘I don’t know’ we’d be hammered.

    Too much supposition presented as facts. I greatly regret spending the time listening.

    Apple Podcasts
    1
    unable2findam
    United States3 months ago
  • 💯4Lyfe

    Listening to guys like this try (a little) and (completely) fail to conceptualize the lived experience of anyone besides themselves and their rich friends is….very funny. Hundred percent!

    Apple Podcasts
    1
    Babbling101
    United States5 months ago
  • Round-up is king

    My favourite pod is weekly FG round-up. I love the vibes, immaculate- great energy. The show has taught me so much.

    Felix mogs Tyler, Quinn mogs both. Keep it up lads.

    Apple Podcasts
    5
    Aus dude 12
    Australia5 months ago
  • Lots of backfilling to make Trump look strategic

    There are certainly some insightful things on the show, but there is a LOT of work to justify destructive policies and try to make Trump look like some strategic genius.

    Apple Podcasts
    2
    GhostfaceRob216
    United States6 months ago
  • MAGA Perspective

    Great if you want the MAGA perspective on markets where election fraud was real and everything is Biden’s fault

    Apple Podcasts
    1
    mksp3
    United States10 months ago

Listeners Say

Key themes from listener reviews, highlighting what works and what could be improved about the show.

Mix of data-driven content with timely policy context.
Strong guest lineup and high-quality interview techniques.
Insightful and blunt macro analysis with practical takeaways.

Chart Rankings

How this podcast ranks in the Apple Podcasts, Spotify and YouTube charts.

Talking Points

Recent interactions between the hosts and their guests.

Robinhood & Lighter: Why Wall Street Is Moving Onchain
Q: How are you both thinking about regulatory clarity and integration into the US market?
Kerbrat says federal clarity remains incomplete but CFTC and SEC proposals show progress; Novakovski says Lighter is working with the CFTC on onchain perps and is optimistic about U.S. availability.
Robinhood & Lighter: Why Wall Street Is Moving Onchain
Q: How do you think about the liquidity aspect of going to 24-7 markets?
Novakovski says automated market makers can provide liquidity when sophisticated market makers step back, while Kerbrat points to user demand for trading through weekends and overnight news.
Where Is The Crypto Alpha Hiding This Cycle?
Q: How should crypto funds think about seed-stage investing versus growth investing over the next few years?
Cheong sees seed-stage potential and possible rapid upside but notes founder quality and execution risks. Patel-O'Connor sees durable traction among growth companies and continued opportunities at seed, while Smac says his firm will stay focused on pre-seed, seed and public markets.
Where Is The Crypto Alpha Hiding This Cycle?
Q: Where is the alpha in crypto-AI, and what makes the intersection useful?
The guests point to privacy-focused inference, financing AI infrastructure, permissionless coordination and possible machine-to-machine transactions. They caution that efficiency advantages and value capture remain uncertain.
America’s AI Boom Is Squeezing Main Street | Weekly Roundup
Q: Now you're thinking about rates, how are you thinking about rates right now?
The guest emphasizes that 2025–2026 expectations involve a higher terminal rate and a broader policy framework that supports nominal GDP growth through AI-driven capex while acknowledging that the long end is being driven by the market's growth expectations, not just inflation. The answer also notes the tension between policy tightening to curb inflation and the risk of further hurting Main Street unless growth broadens beyond AI sectors.

Audience Metrics

Listeners, social reach, demographics and more for this podcast.

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Gender Skew
Location
Interests
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Household Income
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Frequently Asked Questions About Forward Guidance

What is Forward Guidance about and what kind of topics does it cover?

Macro-focused discussions with a house of regulars who dissect monetary policy, central bank signaling, and macro regimes, often tying policy moves to asset allocation and market structure. The show regularly pivots around the Fed, Warsh-era balance sheet dynamics, AI-related spend and disruption, and regime shifts that influence volatility, sector bets, and hedging strategies. Notable strengths include data-driven frameworks, guests who are seasoned macro thinkers, and a pragmatic, risk-conscious approach to investing across regimes. Listeners are likely traders and investors seeking actionable macro context, nuanced policy interpretation, and real-world portfolio implications, with occasional banter and topical politics coloring the analy... more

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Which podcasts are similar to Forward Guidance?

These podcasts share a similar audience with Forward Guidance:

1. Monetary Matters with Jack Farley
2. Macro Voices
3. The Market Huddle
4. Thoughtful Money with Adam Taggart
5. The Macro Trading Floor

How many episodes of Forward Guidance are there?

Forward Guidance launched 5 years ago and published 633 episodes to date. You can find more information about this podcast including rankings, audience demographics and engagement in our podcast database.

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What guests have appeared on Forward Guidance?

Recent guests on Forward Guidance include:

1. Arthur Cheong
2. Rajiv Patel-O'Connor
3. Johann Kerbrat
4. Vlad Novakovski
5. Aidan Garrib
6. David Cervantes
7. Vincent Deluard
8. Dean Curnutt

To view more recent guests and their details, simply upgrade your Rephonic account. You'll also get access to a typical guest profile to help you decide if the show is worth pitching.

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