'Everything Bubble' Creating Dangerous Markets with Grant Williams

Interview recorded - 15th of December, 2023

On this episode of the WTFinance podcast I had the pleasure of welcoming back Grant Williams for a third time!.

During our conversation we spoke about what Grant is seeing in markets, whether the FED are hedging their bets, have they vanquished inflation, what is happening with gold, the everything bubble, politics and more. Hope you enjoy!

0:00 - Introduction
0:23 - Grants opinion on Macro?
2:32 - FED Hedging bets?
4:35 - Strong conviction until you don’t
5:42 - Investors shaped by good times 
7:50 - FED reaction time has reduced
8:40 - risk they could lose more credibility?
12:20 - Became well know after going off Gold Standard
14:55 - Inflation
16:50 - Similarities to Greenspan cutting in 1990’s?
19:20 - What is Grant seeing with Gold?
23:19 - Investors diversifying with gold?
24:30 - risk of consensus?
26:55 - How does Grant look at risk?
31:04 - All assets are going up
32:10 - Trump vs Biden in 2024?
36:26 - More controversary & polarisation around the world
38:25 - Inflation amplifying issues since 2008 
41:50 - Social unrest in the 70’s?
42:30 - How will wealth be diverted?
45:50 - Taxing unrealised gains
48:41 - One message to takeaway from our conversation?

Grant Williams, much to his dismay, has logged over 35 years in finance. During that time, he’s lived and worked in seven major financial centres from London to Sydney, building the kind of network that many others can only dream about.

He began his career in the Japanese equity market in the mid-1980s, before a three-year posting to Tokyo ensured he had a ringside seat as the twin bubbles in equities and real estate burst simultaneously and spectacularly at the end of 1989. After a short stint back in London, Grant relocated once again, this time to New York, where he spent 7 years. Subsequent postings have taken him to Hong Kong, Sydney, Singapore, and the Cayman Islands.

Currently, he is a senior advisor to Matterhorn Asset Management AG https://goldswitzerland.com/ in Switzerland, and a portfolio and strategy advisor to Vulpes Investment Management https://www.vulpesinvest.com/ in Singapore.

Back in 2014, Grant’s ambition to bring the most intelligent, engaging, and original people in finance to a wider audience led him to co-found Real Vision https://www.realvision.com/, an on-demand internet-based financial media platform.

Grant’s twin Real Vision interview series, 'In Conversation With…' and 'On The Road' raised the bar for financial content – engaging and educating viewers in equal measure and helping them learn the secrets behind a group of extraordinary investors’ success.

Long before Real Vision, however, Grant was guiding people around the fringes of finance with his regular newsletter, Things That Make You Go Hmmm… https://www.grant-williams.com/ttmygh_newsletters/, a publication which, from humble beginnings as a daily note to a few friends and colleagues, has grown into one of the most widely-read financial publications in the world.

Grant Williams - 

Website - https://www.grant-williams.com/
Twitter - https://twitter.com/ttmygh

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