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Monetary Matters with Jack Farley

Jack Farley
Artificial Intelligence
China
Tariffs
Federal Reserve
Private Credit
Gold
Inflation
Interest Rates
Hedge Funds
United States
Private Equity
Semiconductors
S&P 500
Market Volatility
U.S. Dollar
Investment Strategies
Bitcoin
Cryptocurrency
U.S. Economy
Oil

Jack Farley interviews the very best financial minds about macro, markets, and monetary matters. Follow Jack on Twitter @JackFarley96.

PublishesDailyEpisodes293Founded2 years ago
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Artwork for Monetary Matters

Latest Episodes

Sponsor: Teucrium Corn Fund (NYSE Arca: CORN):

teucrium.com/corn

Luke Gromen — founder of Forest for the Trees (FFTT) Research — returns to Monetary Matters the same week Treasury Secretary Scott Bessent doubled the size of Treasury buyback... more

Andy Unanue, Founder and Managing Partner of AUA Private Equity Partners and former COO of Goya Foods breaks down the trillion-dollar opportunity in US food, beverage, and pet wellness family businesses. Andy shares how his experience in a family-run... more

Robin Wigglesworth — editor of FT Alphaville and author of A Fabulous Debt: The Epic Story of How Bonds Built the Modern World — joins Jack Farley to unpack the hidden debt fueling the AI buildout. Wigglesworth reveals that off-balance-sheet leverage... more

Milton Berg, one of Wall Street's legendary market technicians, returns to Monetary Matters to explain why he believes the recent crash across the S&P 500, Nasdaq 100, KOSPI, and semiconductor stocks has already bottomed — and why he's still position... more

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Recent Guests

Milton Berg
Market technician; founder of MB Advisors and Milton Berg Edge
MB Advisors; Milton Berg Edge
Episode: Milton Berg: I Have Evidence Market Has Likely Bottomed | Why Milton’s Long Semis, Korea, Nasdaq, and More (With Caveats), and Why He Thinks Gold has made a Multi-year Top
Deiya Pernas
Co-founder, Pernas Research
Pernas Research
Episode: Misunderstood Stocks in Data Center Power, Cybersecurity, and Payments | Dean & Deiya Pernas
Dean Pernas
Co-founder, Pernas Research
Pernas Research
Episode: Misunderstood Stocks in Data Center Power, Cybersecurity, and Payments | Dean & Deiya Pernas
Victor Haghani
Founding partner of Elm Wealth; author and researcher
Elm Wealth
Episode: Victor Haghani on Death of Random Walk, and Passive, Buybacks, and LTCM
Kathryn Rooney Vera
Chief Market Strategist, StoneX Group
StoneX Group
Episode: Mum’s The Word: Kathryn Rooney Vera on Fed’s Second Meeting under Kevin Warsh, Plus Earnings Breakdown (Live Replay)
Nick Brooks
Head of Economic and Investment Research at Intermediate Capital Group (ICG)
Intermediate Capital Group (ICG)
Episode: Debt Service Coverage in Private Markets Is Improving, Actually | Nicholas Brooks
Russell Clark
Hedge fund manager based in London
Episode: Interest Rates to 10%: Why the Treasury Market is the Real Speculative Bubble (Not AI) | Russell Clark
Nick Nemeth
financial investor, researcher and author at Mispriced Assets
Mispriced Assets
Episode: Nick Nemeth: Private Credit Will Blow-up Insurance System | Immense Leverage, Shaky Loans, and Retirement System That Actually Does Have Run Risk (via Surrenders)
Moritz Heiden
Co-founder, Takahe Capital
Takahe Capital
Episode: Turbo Charged Trend Following: Why Capturing the Market’s Biggest Trends Means Embracing High Volatility | Moritz Seibert & Moritz Heiden | Takahe Capital

Hosts

Jack Farley
Host of Monetary Matters; focuses on macro, markets, and monetary issues.
Max Wiethe
Host of the interview-focused episodes and co-host on macro discussions.

Reviews

4.9 out of 5 stars from 470 ratings
  • Great info across the spectrum.

    High quality info w a diverse set of perspectives. The hosts are extremely talented interviewers and come with informed questions.

    Apple Podcasts
    5
    Good Fun MJL
    United States4 months ago
  • Financial Repression Pt.1

    This show was extremely interesting. I know that Japan’s economy has been a topic of debate for years. I never understood what they were doing though. This episode broke it down so well. Made my day.

    You do a great job Jack! My favorite podcast now.

    Apple Podcasts
    5
    Econ75
    United States4 months ago
  • All around excellent show

    Fantastic show after show after show. Thanks for your work!

    Apple Podcasts
    5
    JESListener
    United States5 months ago
  • Josh Linville is obtuse

    Listened to Josh Linville. Says US farmers deserve (another) bailout. BS..80% of them voted for Trump...no more bailouts. Why are farmers protected from

    their bad decisions? They voted for Trump en mass...no more bailouts...own the fact that they voted for incompetence.

    Apple Podcasts
    5
    Almost geezer
    United States5 months ago
  • Great content

    Jack asks the right questions to the right people. Superb

    Apple Podcasts
    5
    Markm44
    United Kingdom9 months ago

Listeners Say

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

Some feedback mentions occasional recording quality issues but acknowledge the strong content.
Fans note high-quality macro insights and data-driven analysis.
Listeners praise the show's rigorous questions and strong guest lineups.

Chart Rankings

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

Apple Podcasts
#43
United States/Business/Investing
Apple Podcasts
#173
United States/Business
Apple Podcasts
#29
Canada/Business/Investing
Apple Podcasts
#36
United Kingdom/Business/Investing
Apple Podcasts
#75
Canada/Business
Apple Podcasts
#103
United Kingdom/Business

Talking Points

Recent interactions between the hosts and their guests.

Victor Haghani on Death of Random Walk, and Passive, Buybacks, and LTCM
Q: Victor, welcome to Monetary Matters. Tell us about Who Killed the Random Walk? What is the Random Walk? What is the work that you've been doing that shines new light on it and why does it matter?
Victor describes their multi-year research and the Journal of Investment Management paper, outlining a heterogeneous-belief, multi-agent model with value investors, static allocators, and extrapolators/return chasers, proposing that market puzzles like volatility, momentum, booms and busts can be explained without assuming a purely efficient, random-walk market.
Debt Service Coverage in Private Markets Is Improving, Actually | Nicholas Brooks
Q: How does AI influence the macro economy according to your view?
AI-related infrastructure spending is huge and supports the economy in the near term, providing a buffer against recession by boosting investment and productivity, though the long-term impact depends on implementation and sector exposure across countries.
Debt Service Coverage in Private Markets Is Improving, Actually | Nicholas Brooks
Q: What trends have you seen in US and European private markets regarding interest coverage?
Interest coverage ratios fell during the high-rate post-COVID period but have since stabilized and even improved in the US, with Europe remaining at solid levels; overall, the data suggest continued resilience rather than systemic weakness, albeit with dispersion across firms.
Debt Service Coverage in Private Markets Is Improving, Actually | Nicholas Brooks
Q: What broadly does an interest coverage ratio represent?
It's a measure of how comfortably a company can cover its debt interest payments from its earnings, with thresholds like above two or three indicating stronger safety margins and below one signaling potential risk.
Mum’s The Word: Kathryn Rooney Vera on Fed’s Second Meeting under Kevin Warsh, Plus Earnings Breakdown (Live Replay)
Q: How do AI productivity gains affect the inflation trajectory and the Fed's path?
Kathryn argues that broad AI adoption could boost productivity enough to absorb inflation, potentially enabling stronger growth without aggressive rate hikes, thereby decoupling some inflation risks from traditional policy tools.

Audience Metrics

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

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Frequently Asked Questions About Monetary Matters

What is Monetary Matters about and what kind of topics does it cover?

A deep-dive, data-driven macro and markets discussion featuring top-tier researchers, fund managers, and macro strategists. Episodes explore market structure, policy signaling, debt dynamics, and AI-driven secular themes, with emphasis on how liquidity, buybacks, sovereigns, and corporate capex shapes asset pricing. Guests range from academics to CIOs, offering rigorous analysis, contrarian viewpoints, and practical portfolio tilts for sophisticated investors and institutions. The show often combines quantitative signals, narrative framing, and real-world implications for asset allocation, hedging, and risk management. Noteworthy is the consistent push-pull between traditional macro drivers and emergent themes like AI, private credit risk, ... more

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Which podcasts are similar to Monetary Matters?

These podcasts share a similar audience with Monetary Matters:

1. Forward Guidance
2. Macro Voices
3. The Market Huddle
4. Thoughtful Money with Adam Taggart
5. The Julia La Roche Show

How many episodes of Monetary Matters are there?

Monetary Matters launched 2 years ago and published 293 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 Monetary Matters?

Recent guests on Monetary Matters include:

1. Milton Berg
2. Deiya Pernas
3. Dean Pernas
4. Victor Haghani
5. Kathryn Rooney Vera
6. Nick Brooks
7. Russell Clark
8. Nick Nemeth

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