The Julia La Roche Show
Julia La Roche brings her listeners in-depth conversations with some of the top CEOs, investors, founders, academics, and rising stars in business. Guests on "The Julia La Roche Show" have included Bill Ackman, Ray Dalio, Marc Benioff, Kyle Bass, Hugh Hendry, Nassim Taleb, Nouriel Roubini, David Friedberg, Anthony Scaramucci, Scott Galloway, Brent Johnson, Jim Rickards, Danielle DiMartino Booth, Carol Roth, Neil Howe, Jim Rogers, Jim Bianco, Josh Brown, and many more. Julia always makes the show about the guest, never the host. She speaks less and listens more. She always does her homework.
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#317 Chris Whalen: Divided Fed, Home Prices Falling, Bank Earnings Up In 2026 & Private Equity Crisis Ahead?
<p>Chris Whalen, chairman of Whalen Global Advisors and author of The Institutional Risk Analyst blog, joins The Julia La Roche Show for "The Wrap with Chris Whalen." Whalen breaks down the latest FOMC meeting, revealing a divided Fed with no clear consensus on future rate cuts. He predicts a home price correction coming and also warns of a brewing crisis in private equity, where 15-20% of companies are insolvent and relying on payment-in-kind structures. Whalen also discusses JPMorgan's surprise expense guidance this week, the Fed's Reserve Management Purchases (and whether it's QE by another name), and explains why the...
#316 Melody Wright, Who Drove 10,000 Miles Across America Observing Housing Conditions, Warns Why We Could See a 38% Correction In Home Prices
<p>Melody Wright, author of M3 Melody Substack, returns to the show for an in-person episode to discuss her outlook for housing and why we could see a price correction of 38%. </p><p><br /></p><p>This episode is brought to you by VanEck. </p><p>Learn more about the VanEck Rare Earth and Strategic Metals ETF: http://vaneck.com/REMXJulia</p><p><br /></p><p>Links:</p><p>YouTube; https://www.youtube.com/@m3_melody</p><p>X: https://x.com/m3_melody</p><p>Substack: https://m3melody.substack.com/</p><p><br /></p><p>Timestamps</p><p>0:00 - I...
#315 Danielle DiMartino Booth Calls Out Fed Powell's Lies In Open Letter To The FOMC - 'Somebody Needed to Say Bullshit, And I Said Bullshit'
<p>Danielle DiMartino Booth, CEO and Chief Strategist at QI Research, joins Julia La Roche to break down the FOMC and discuss her open letter manifesto to the committee written on behalf of every hard-working American. </p><p><br></p><p>This episode is brought to you by VanEck. </p><p>Learn more about the VanEck Rare Earth and Strategic Metals ETF: http://vaneck.com/REMXJulia</p><p><br></p><p><br></p><p>Links: </p><p>Danielle's open letter: https://quillintelligence.com/2025/12/10/the-weekly-quill-open-letter-2/</p><p>Danielle's Twitter/X: https://twitter.com/dimartinobooth </p><p>Substack: https://dimartinobooth.substack.com/ </p><p>You...
#314 Chris Whalen: The Case For Kevin Hassett For Fed Chair, No Crisis On Horizon & Why Rate Cuts Are Coming
<p>Chris Whalen, chairman of Whalen Global Advisors and author of The Institutional Risk Analyst blog, joins The Julia La Roche Show for "The Wrap with Chris Whalen." Whalen breaks down what's ahead for the Federal Reserve and financial markets as we head into 2026. He discusses Kevin Hassett as the likely next Fed Chair, explaining why Fed independence is more myth than reality and how political pressures will influence rate decisions ahead of the midterm elections. Whalen analyzes the upcoming FOMC meeting, commercial real estate risks, and why he's not concerned about an imminent market crisis despite ongoing concerns about...
#313 Hugh Hendry On Preparing For The Dawn Of Chaos
<p>Hugh Hendry, "The Acid Capitalist," returns to the Julia La Roche Show. Hendry breaks down his "macro compass" portfolio framework: 25% equities (overweight Japanese stocks after their 35-year breakout), 25% US treasuries (buying TLT after a 50% decline), 25% alternatives (Bitcoin over gold due to market cap), and 25% strategic cash. His thesis: the treasury market is so large (100% of GDP) that it's prevented inflation despite massive deficit spending, but AI will cause 20% unemployment within 2-3 years. That unemployment will force governments into redistribution mode, finally breaking the system's ability to contain inflation. He discusses why tech valuations are near peak, why the yen...
#312 Dr. Mark Thornton: America's On-Ramp to Hyperinflation and Why It's Still Early in the Bull Market for Gold & Silver
<p>Dr. Mark Thornton, Senior Fellow at the Mises Institute and Austrian economist who correctly called the housing bubble, warns that we're living in an everything bubble with a flock of black swans ready to ignite a crisis. From commercial real estate cover-ups to private equity opacity, data center spending without defined returns, and trillions in government debt, Dr. Thornton explains how Fed manipulation and artificial interest rates have created malinvestments across the economy—and why Trump's push for lower rates will only fuel more bubble activity. He breaks down Austrian Business Cycle Theory, why we're on the on-ramp to hy...
#311 Steve Hanke: Money Supply Acceleration Could Reignite Asset Bubbles and Inflation
<p>Professor Steve H. Hanke, professor of applied economics at Johns Hopkins University and the founder and co-director of the Institute for Applied Economics, Global Health, and the Study of Business Enterprise, joins Julia La Roche on 311. </p><p><br></p><p>This episode is brought to you by VanEck. </p><p>Learn more about the VanEck Rare Earth and Strategic Metals ETF: http://vaneck.com/REMXJulia</p><p><br></p><p>In this episode, Professor Hanke warns that the Fed's decision to end quantitative tightening in December, combined with bank deregulation unlocking $2.6 trillion in lending capacity, could trigger dangerous mon...
#310 Larry McDonald: A Credit Crisis Has Already Started 'No Question' And The Great Rotation Ahead That's Creating Opportunities In Beaten Down Stocks
<p>New York Times’ bestselling author Larry McDonald, founder of The Bear Traps Report, returns to The Julia La Roche Show for episode 310. McDonald warns that a credit crisis has officially started with 16+ "idiosyncratic" events spreading tentacles across markets, while a big disruption is coming in Q1 as $6-8 trillion may leave the NASDAQ 100. But this creates an incredible opportunity for the cheap part of the market as the great rotation from growth to value begins, with coal and natural gas companies offering 15% free cash flow yields while tech giants burn cash in an AI arms race that's destroying their ba...
#309 Chris Whalen Warns of Year-End Liquidity Crunch
<p>Chris Whalen, chairman of Whalen Global Advisors and author of The Institutional Risk Analyst blog, joins The Julia La Roche Show for "The Wrap with Chris Whalen." Whalen breaks down why markets are heading into a turbulent year-end. With the Treasury pulling $1 trillion out of the banking system and the Fed holding emergency meetings with dealers, a liquidity crunch is brewing just as big banks close their books after Thanksgiving. Chris explains why there won't be a December rate cut despite Fed happy talk, why the "silent crisis" in commercial real estate and private credit is spreading to insurance...
#308 Danielle DiMartino Booth: Fed Risks Repeating December 2018 Liquidity Crisis With Rate Hold
<p>Danielle DiMartino Booth, CEO and Chief Strategist at QI Research, joins Julia La Roche to break down the FOMC minutes. Danielle discusses the deep divisions within the Federal Reserve and their controversial decision-making heading into December. She argues the Fed is willfully ignoring abundant alternative data sources like ADP's weekly reports while claiming to fly blind without official jobs data—data that won't be released until after their December meeting due to administrative delays. Booth warns that if the Fed doesn't cut rates in December, they risk triggering a liquidity crisis similar to December 2018, when Powell's hawkish stance caused a...
