The Everything Bubble Is Over: Michael Howell’s Warning for 2026
Nik welcomes back Michael Howell of CrossBorder Capital for an urgent breakdown of the global liquidity cycle. Michael explains why the cyclical top is in, how oil, the MOVE index, and the dollar have...
1 Apr 1h 8min
RISE of the American Empire with Brent Johnson
In this episode, Nik welcomes back Brent Johnson of Santiago Capital for a wide-ranging global macro conversation. Brent breaks down the dollar's behavior during geopolitical crises, the deglobalizati...
25 Mar 57min
The AI-Pentagon War That Every Bitcoiner Needs to Understand
In this episode, Nik welcomes back Yaël Ossowski, Fellow at the Bitcoin Policy Institute, to break down the escalating standoff between Anthropic and the Pentagon. They examine how Claude was reported...
4 Mar 28min
Claude Eclipses Trump as the Most Important Force in Global Macro
In this episode, Nik breaks down why Anthropic's Claude has displaced Donald Trump as the single most important force driving global macro and financial markets, walking through the system-level evide...
28 Feb 44min
Individual Ownership Peaked in 2024 and What Comes Next for Bitcoin
In this episode, Nik sits down with Sam Baker, Research at River, to break down River's second annual Bitcoin adoption report, covering how institutional ownership, registered investment advisors, sov...
24 Feb 39min
The Liquidity Signal That Called Bitcoin's Drop Is Still Red
In this episode, Nik walks through our TBL proprietary liquidity index, explaining why the red signal flagged in late December and confirmed in January preceded Bitcoin's sharp decline below $70,000. ...
18 Feb 28min
Global Macro Update: Inflation Cools, Bond Yields Drop, & Bitcoin Reacts
In this episode, Nik breaks down Bitcoin’s bounce following a softer-than-expected CPI print and falling Treasury yields, analyzing the rollover in the 200-day moving average, the latest negative mini...
13 Feb 32min
Japan’s Historic Election, Yen Defense, & Why Bitcoin Is Still a Liquidity Trade
In this episode, Nik breaks down dramatic political developments in Japan, including a snap election, currency intervention, and the U.S.-Japan effort to defend the yen, and explains why these moves m...
9 Feb 32min
