James Aitken: The Financial Plumber For These Leaky Markets

This podcast features an interview with macro strategist James Aitken, focusing on the current state of financial markets and the implications of government policies. The conversation begins with Danny Moses' market overview, highlighting sustained selloffs and widening credit spreads, then transitions to Aitken's insights gained from his experience at AIG during the 2008 financial crisis. Aitken emphasizes the potential for significant market recalibration due to shifts in government spending and the impact of the wealth effect. He warns of risks in the private credit market and suggests monitoring credit spreads as a key indicator of future market movements. The interview concludes with a discussion of key figures like Mark Carney and Scott Besant, and a brief outlook on gold, Bitcoin, and the Yen.