Luke Gromen - FFTT, LLC · Investment

Luke Gromen - FFTT, LLC

The Forest For The Trees is an in-depth research service provider for institutional and individual investors. We are focused on aggregating macroeconomic and thematic trends from many different industry verticals in an unconventional manner, with a particular eye towards recognizing investable developing economic bottlenecks for our customers. Our serious contrarian streak, ability to find and succinctly summarize the most critical pieces of information on a given topic, study of economic history and objective observation of key economic actors and events provides our customers a unique view of the world that adds significant value to their investment process.

Episodes

Does the Administration believe they can inflate US debt to sustainability?

08 Oct 2026

Medium-to-long term thoughts on LT USTs, etc.

14 Sep 2026AI processed

US debt sustainability and the resulting macroeconomic pressures define the current financial landscape, where 120% debt-to-GDP ratios severely constrain policy flexibility. While long-term Treasury bonds may offer nominal value, persistent dollar devaluation makes gold and Bitcoin more attractive for real returns. Rai...

Some quick thoughts on gold, BTC, and "my framework"

28 Aug 2026

Japan intervention reconfirms that NIIP matters greatly.

12 Aug 2026AI processed

Explicit yield curve control is the inevitable destination for Western nations as they struggle to manage unsustainable sovereign debt levels without triggering defaults. The current US net international investment position forces a choice between increasing dollar supply or witnessing foreign liquidation of Treasury a...

“Invert. Always Invert.” – Charlie Munger

12 Jan 2026

24m

Some thoughts on BTC and silver

21 Dec 2025

19m

Why is there zero correlation between UST supplies and LT interest rates going back 100 years?

05 Dec 2025

17m

The podcast addresses listener questions on macroeconomic and geopolitical themes. Luke Gromen predicts the gold-to-oil ratio will rise to 100x and stay there, driven by a shift away from the petrodollar system and the need for an alternative reserve asset. He argues that unlike boosting factory output, increasing cons...