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Monetary Matters with Jack Farley

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

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

PublishesDailyEpisodes300Founded2 years ago
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InvestingBusinessBusiness NewsNews

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Artwork for Monetary Matters

Latest Episodes

Learn more about LandFund Partners: landfundpartners.com/invest#get-started

Jack Farley speaks with John Farris, founder & CEO of LandFund Partners and former World Bank agricultural economist, about the tightening global food equation — and... more

Andrew Granato, Assistant Professor of Law at the University of Texas at Austin, and Pranjal Drall, JD/PhD candidate at Yale, join Jack Farley to discuss their paper "Private Credit, State Backstop: How Private Equity Socializes Risk Through Insurers... more

Jared Dillian, author of The Daily Dirtmap and the new book “The Awesome Portfolio”, returns to argue that the bond bear market is a sentiment story that has gone too far. Jared calls the market's obsession with deficits and inflation a "mind virus,"... more

Max Wiethe sits down with Capelight Partners founder Jeff Keller to dissect the massive Q3 technology sector divergence and the rapidly shifting landscape of AI investments. Keller breaks down why the market is rewarding near-term certainty in the te... more

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Recent Guests

Jeff Keller
Founder and portfolio manager of Capelight Partners
Capelight Partners
Episode: The Certainty Premium: What’s Driving the Tech Sector Divergence? | Jeff Keller
Jim Wiederhold
Commodity Indices Product Manager at Bloomberg
Bloomberg
Episode: The Commodity Bull Market Is Broadening | Jim Wiederhold on Copper, Grains, and Bloomberg Commodity Index
High Yield Harry
Finance professional focused on buy-side, founder of Buy Side Hub
Buy Side Hub
Episode: Is Private Equity Broken? Why the Buyside’s Problems Are Making 2026 “The Year of the Banker” | High Yield Harry
Andy Unanue
Founder and managing partner at AUA Private Equity Partners
AUA Private Equity Partners
Episode: Ex-Goya COO on the $1.4 Trillion Family Business Opportunity in Three Consumer Sectors | Andy Unanue
Robin Wigglesworth
Editor of Alphaville, Financial Times blog and author
Financial Times
Episode: Robin Wigglesworth on Hyperscalers' 1.5 Trillion of Off-Balance Sheet Liabilities, Private Credit, and His Book "A Fabulous Debt"
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)
Luke Gromen
President and founder of Forest for the Trees
Forest for the Trees
Episode: Luke Gromen: Yield Curve Control is the Only Way to Stop a Global Bond Crisis

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 474 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 States5 months ago
  • All around excellent show

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

    Apple Podcasts
    5
    JESListener
    United States6 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 States6 months ago
  • Great content

    Jack asks the right questions to the right people. Superb

    Apple Podcasts
    5
    Markm44
    United Kingdom10 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.

Talking Points

Recent interactions between the hosts and their guests.

Why Bessent Blinked | Luke Gromen on Doubling of Treasury Buyback Plan to Tame Long-End Yields
Q: Is upsizing Treasury buybacks enough to pin long-term yields, and what happens if it isn't?
Upsizing buybacks is seen as a partial tool within a broader set of measures; if yields remain stubborn, further action like rate cuts or additional liquidity injections may be required, but such steps carry inflationary risks and could alter debt dynamics.
Why Bessent Blinked | Luke Gromen on Doubling of Treasury Buyback Plan to Tame Long-End Yields
Q: What is the math behind the current fiscal situation and why does it constrain policy options?
Entitlements, interest, and veterans benefits comprise a large portion of receipts, with growth outpacing actual receipts, creating a debt and deficit dynamic that makes conventional policy tools harder to deploy without inflationary consequences.
Robin Wigglesworth on Hyperscalers' 1.5 Trillion of Off-Balance Sheet Liabilities, Private Credit, and His Book "A Fabulous Debt"
Q: Definitely. Robin, how durable do you think the credit-rating agencies are? So Moody's, S&P, Fitch... Will they still be around in 2070 or will AI displace them?
The rating agencies have endured because there remains a need for a common language of credit; while their business model has faced challenges, the fundamental utility of standardized ratings endures, and even with AI-driven analysis, investors rely on a recognizable framework to evaluate risk and allocate capital, though the specifics of how ratings are generated may evolve.
Robin Wigglesworth on Hyperscalers' 1.5 Trillion of Off-Balance Sheet Liabilities, Private Credit, and His Book "A Fabulous Debt"
Q: Robin, everything we've talked about, the off balance sheet debt, the hyperscalers, Nvidia, very murky, unclear what it's going to look like, private credit. What themes are present in there that are present throughout the history of the rise of the bond market and debt that you wrote about in your book?
Well, in A Fabulous Debt I argue that bonds are a safety net and a powerful financial technology that can also enable mania and mispricing when growth and leverage converge; history shows transformative tech often brings both incredible payoff and risk, and the bond market has repeatedly adapted—from canals and railways to AI data centers—by providing a tradable, transparent mechanism that can endure even as other structures falter.
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.

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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. Thoughtful Money with Adam Taggart
4. The Julia La Roche Show
5. Excess Returns

How many episodes of Monetary Matters are there?

Monetary Matters launched 2 years ago and published 300 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. Jeff Keller
2. Jim Wiederhold
3. High Yield Harry
4. Andy Unanue
5. Robin Wigglesworth
6. Dean Pernas
7. Victor Haghani
8. Kathryn Rooney Vera

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