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Lead-Lag Live is your front-row seat to unscripted, real-time conversations with the sharpest minds in finance, economics, and investing.Hosted by Michael A. Gayed, CFA — publisher of The Lead-Lag Report and a widely followed voice on macro strategy — each episode features candid discussions with top portfolio managers, economists, ETF strategists, best-selling authors, and market practitioners. N... more

PublishesDailyEpisodes973Founded4 years ago
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Artwork for Lead-Lag Live

Latest Episodes

Jeremy Schwartz, CFA, Global Chief Investment Officer of WisdomTree Investments, joins Michael Gayed on Lead-Lag Live on the eve of WisdomTree's 20-year anniversary to discuss the growth-vs-value cycle, why home bias is quietly costing US investors r... more

Hervé Van Caloen, President of Mercator Investment Management, joins Michael Gayed on Lead-Lag Live to discuss where the next decade of alpha lives outside the US — with a focus on Latin America (Venezuela post-Maduro, Argentina's Milei reforms), Jap... more

Michael A. Gayed, CFA (The Lead-Lag Report) sits down with Jason Hsu, founder of Rayliant Global Advisors, and China-market specialists Fujia Liu and Tony Yang of China Asset Management (ChinaAMC) to unpack factor investing, thematic tilts, and how g... more

Michael A. Gayed, CFA sits down with Michael Toney-Hoffman of TrendSpider to break down the rate-cut divergence between what the Fed is signaling, what the market is pricing, and what actually shows up in leading-sector scans right now.

Mike Toney-H... more

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Recent Guests

Ross Atefi
Representative of Yatra Wealth Design
Yatra Wealth Design
Episode: Lead-Lag Live: Ross Atefi, Yatra Wealth Design
Chris Gannatti
Global Head of Research at WisdomTree (as introduced in conversation)
WisdomTree
Episode: Lead-Lag Live | Christopher Gannatti, WisdomTree — The Quantum Computing Investment Case | WQTM ETF
Arun Babikian
Head of wealth sales at Xtrackers and DWS
Xtrackers, DWS
Episode: Real Assets Are Back: How to Own Broad Commodities in 2026 | DBC
John Love
Portolio manager at USCF Investments
USCF Investments
Episode: Oil's Setup for 2026: OPEC+, SPR, and the Trade Wall Street Missed
Derek Yon
Senior Investment Strategist at Craneshare
Craneshare
Episode: Humanoid Robots Hit Mass Production in 2026 — Here's the ETF Play
Hervé Van Kalloun
Investor with Mercator Investments, international focus; recent Caracas trip
Mercator Investments
Episode: Venezuela's Hidden Crisis Is a Warning for U.S. Investors
Henry Green
Investment strategist at Crane Shares (Greencares); author of the China internet report and China last night commentary
Greencares/Crane Shares
Episode: Chinese Internet Is the Cheapest It's Been in a Decade | KWEB
John McNamara
Executive at Hedgeye Asset Management
Hedgeye Asset Management
Episode: Lead-Lag Live: Brendan Ahern, KraneShares — KSPY & China | KSPY & China on Lead-Lag Live
Derek Young
Senior Investment Strategist at Crane Shares
Crane Shares
Episode: The Rise of the Machines: Humanoids, AI, and the New Global Arms Race | The Rise of the Machines: Humanoids, AI, and the New Global Arms Race on Lead-Lag Live

Host

Michael Gayed
Host of Lead-Lag Live with a focus on macro strategy and intermarket analysis.

Reviews

4.4 out of 5 stars from 284 ratings
  • Seek help

    Please seek help

    Apple Podcasts
    1
    999 333
    Australiaa year ago
  • Brilliant!!

    An outstanding podcast featuring intriguing guests and offering valuable insights on a wide range of investment topics.

    Apple Podcasts
    5
    Wade South Africa
    South Africa2 years ago
  • Very informational and interesting

    I really enjoy listening to this show. If you’re interested in the world of investments and want to get a grasp on current trends and the markets, this is the podcast for you.

    Apple Podcasts
    5
    GeckoX
    United States2 years ago
  • Interesting guests interviewed by a perma bear

    3/5 - Guests are interesting and the host is a decent interviewer. This is just a fair warning for casual layperson listeners to not take the host’s views seriously, as he is unfortunately a well known “permabear” (see his twitter) macro gloom & doomer whose market calls have been terribly wrong the last few years.

    Apple Podcasts
    3
    Saint5383828
    United States2 years ago
  • The best Macro Show out there.

    Michael is really good of cramming a lot into his X feed; he is even better when he has a longer format to expand in.

    Apple Podcasts
    5
    JagerMario
    United States2 years ago

Listeners Say

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

Listeners praise high-quality, diverse guest lineups and sharp interviewing.
Some feedback mentions edits impacting the Q&A flow, but overall strong consensus on value.
Audience notes the show's deep, macro-focused analysis and practical insights.

Chart Rankings

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

Talking Points

Recent interactions between the hosts and their guests.

Lead-Lag Live | Christopher Gannatti, WisdomTree — The Quantum Computing Investment Case | WQTM ETF
Q: Are there notable companies or platforms you discuss that readers should know about?
Key players include IBM, Microsoft, IonQ, Rigetti, D-Wave, and Nokia among others, with IBM and Microsoft pursuing different qubit modalities and long-term visions; vendors like AWS provide access to quantum services, enabling trial runs even before full on-premises quantum computers are widespread.
Lead-Lag Live | Christopher Gannatti, WisdomTree — The Quantum Computing Investment Case | WQTM ETF
Q: How might investors access quantum exposure today through an ETF like WQTM?
The ETF provides exposure to a basket of qubit makers, hyperscalers, and supporting hardware/software providers across regions, including US and international players, to capture the growth of the quantum space without needing to pick specific winners upfront.
Lead-Lag Live | Christopher Gannatti, WisdomTree — The Quantum Computing Investment Case | WQTM ETF
Q: What is quantum computing, and why is it important for investments today?
The conversation explains quantum computing as leveraging superposition to perform certain calculations more efficiently than classical computers, with implications for cryptography, optimization, and drug discovery. Investors are advised to focus on diversification across the quantum ecosystem (qubit makers, hyperscalers, software, and infrastructure) rather than picking a single stock.
Lead-Lag Live | Christopher Gannatti, WisdomTree — The Quantum Computing Investment Case | WQTM ETF
Q: Who are you? What's your background? What do you do at WisdomTree?
Chris describes joining WisdomTree in 2010, working with Jeremy Schwartz and Professor Jeremy Siegel, and leads research across the firm's quantum and tech investment themes, including publishing insights on blogs and Substack. He emphasizes the long tail of quantum investing and the diversified approach WisdomTree uses via the WQTM ETF and broader research.
AI's Hidden Risk: When Every Quant Owns the Same Stocks | Kai Wu
Q: What is your view on how intangible assets change traditional valuation metrics for tech companies?
Intangible assets fundamentally alter the equation because they capture value not visible on the balance sheet, like brands, IP, and especially network effects, which can sustain high margins and growth even when earnings look compressed. This shifts us away from relying solely on book value or earnings and toward assessing how investments in intangibles translate into durable competitive advantages over time.

Audience Metrics

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

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Frequently Asked Questions About Lead-Lag Live

What is Lead-Lag Live about and what kind of topics does it cover?

This show features unscripted, deep-dive conversations with leading voices in finance, economics, and investing. Across episodes, the host draws on a rotating roster of portfolio managers, ETF strategists, researchers, and market practitioners to unpack macro themes, intermarket relationships, AI and tech-driven investing, and geopolitical risk. Episodes emphasize practical frameworks, actionable takeaways, and diversified perspectives rather than surface-level commentary, with a history of live X Spaces-style discussions that are repackaged as full-length podcast conversations. Noteworthy is the consistent focus on intermarket dynamics, risk management, and inventive investment ideas across equities, fixed income, commodities, and sophisti... more

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Which podcasts are similar to Lead-Lag Live?

These podcasts share a similar audience with Lead-Lag Live:

1. Wealthion - Be Financially Resilient
2. Thoughtful Money with Adam Taggart
3. Forward Guidance
4. Excess Returns
5. Macro Voices

How many episodes of Lead-Lag Live are there?

Lead-Lag Live launched 4 years ago and published 973 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 Lead-Lag Live?

Recent guests on Lead-Lag Live include:

1. Ross Atefi
2. Chris Gannatti
3. Arun Babikian
4. John Love
5. Derek Yon
6. Hervé Van Kalloun
7. Henry Green
8. John McNamara

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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