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All-In with Chamath, Jason, Sacks & Friedberg

E86: Macro outlook: jobs, housing, inflation + Dutch farmers protests & EU climate missteps

All-In with Chamath, Jason, Sacks & Friedberg

All-In Podcast, LLC

Alllin, Coronavirus, Calacanis, Palihapitiya, Health, Sacks, Friedberg, Allin, Entrepreneurship, Covid19, Gambling, Grow, Investing, Iq, Tips, Tech, Business, Jason, Startups, Poker, Technology, Money, Learn, Davidsacks, Davidfriedberg, Chamath

4.27.1K Ratings

🗓️ 8 July 2022

⏱️ 84 minutes

🧾️ Download transcript

Summary

0:00 Bestie open: Sacks' shopping spree

2:15 Macro outlook: jobs, consumer sentiment, housing, inflation, finding a bottom

39:21 Turkish government finds ~694 million mt of rare earth reserves & EU reclassifies nuclear & natural gas as "green"

48:58 Dutch farmers protests: root causes, how to move forward with smarter legislation

1:09:39 Biden's decline, Bezos responds to Biden's tweet on bringing gas prices down

Follow the besties:

https://twitter.com/chamath

https://linktr.ee/calacanis

https://twitter.com/DavidSacks

https://twitter.com/friedberg

Follow the pod:

https://twitter.com/theallinpod

https://linktr.ee/allinpodcast

Intro Music Credit:

https://rb.gy/tppkzl

https://twitter.com/yung_spielburg

Intro Video Credit:

https://twitter.com/TheZachEffect

Referenced in the show:

https://fred.stlouisfed.org/series/JTSJOL

https://www.cnbc.com/2022/07/06/jolts-job-openings-may-2022-.html

https://www.bls.gov/charts/job-openings-and-labor-turnover/hire-seps-rates.htm

https://www.marketwatch.com/story/u-s-job-openings-dip-to-11-3-million-but-labor-market-still-historically-strong-11657122659

https://www.bloomberg.com/news/articles/2022-07-06/fed-sees-more-restrictive-rates-possible-if-inflation-persists

https://www.census.gov/library/stories/2021/12/net-international-migration-at-lowest-levels-in-decades.html

https://www.investing.com/economic-calendar/cb-consumer-confidence-48

https://finance.yahoo.com/news/consumer-confidence-conference-board-june-2022-143536146.html

https://www.mortgagenewsdaily.com/data/existing-home-sales#chart-existing-home-sales-vs-30yr-rate

https://www.marketwatch.com/story/consumer-sentiment-drops-to-record-low-as-inflation-worries-grip-u-s-11656079725

https://www.forbes.com/sites/darreonnadavis/2022/07/05/88-of-americans-say-us-is-on-wrong-track/

https://thehill.com/policy/finance/3525909-56-percent-in-new-poll-believe-us-is-in-recession/

https://twitter.com/BillAckman/status/1544057786065092609

https://news.metal.com/newscontent/101881567/Turkey-Discovers-694-million-mt-of-Rare-Earth-Element-Reserves-with-Infrastructure-Construction-Starting-This-Year/

https://www.reuters.com/business/sustainable-business/eu-parliament-vote-green-gas-nuclear-rules-2022-07-06/

https://twitter.com/GretaThunberg/status/1544380486654590983

https://mobile.twitter.com/Noahpinion/status/1544573867804348416

https://www.reuters.com/business/sustainable-business/eu-parliament-vote-green-gas-nuclear-rules-2022-07-06/

https://www.bloomberg.com/news/articles/2022-07-01/jpmorgan-sees-stratospheric-380-oil-on-worst-case-russian-cut

https://abcnews.go.com/Business/wireStory/explainer-dutch-farmers-protesting-emissions-85848026

https://www.amazon.com/The-Alchemy-of-Air-Thomas-Hager-audiobook/dp/B0046Y0BP0/ref=sr_1_1

https://www.monmouth.edu/polling-institute/reports/monmouthpoll_us_070522/

https://www.bloomberg.com/news/articles/2022-06-22/eurizon-fund-holds-unloved-assets-to-beat-peers-in-esg-market

https://www.washingtonpost.com/world/2022/07/07/uk-boris-johnson-resignation/

https://twitter.com/POTUS/status/1543263229006254080

https://twitter.com/JeffBezos/status/1543409762867494912

https://twitter.com/JeffBezos/status/1525309091970699265

https://twitter.com/chamath/status/1544370315379109888

Transcript

Click on a timestamp to play from that location

0:00.0

You're seeing now the the fresh summer collection of lorupiana this Jason. Oh really is the thin summer gelatine

0:07.4

Okay, beautiful cashmere continue. It's called like the King's cashmere or something and then this is called a

0:15.0

Lovely yellow boating sweater. Anyways, I took sex to my tailor and I took him to

0:20.5

Lorupiana and then at some point I just fucking lost them and then I haven't seen him since so

0:24.9

You took him to your tailor and to learn and to learn. Yeah, wow great that

0:30.8

The show remains accessible to the every man and woman

0:44.5

It's like

0:46.5

Oh my god, it's so perfectly Italy. You're this your lungeness too. Wow Lord. Oh my god

0:56.8

Good to see everybody's focused on what matters. Okay everybody welcome to all in episode 86 end of the world except for these two

1:04.4

douchebags we thought it'd be really funny to find the exact same outfit at lorupiana

1:10.3

I feel fully styled what a great look

1:12.9

You guys look so good. It's like dumb and dumb or in Italy

1:17.7

Oh my god, you're like your winners ride

1:35.9

Hey everybody welcome to episode 86 of the all-in podcast. We're not dead yet still publishing with us from Italy

1:43.7

The rain man and the dictator in matching outfits gentlemen. How is Italy? It's fantastic

1:52.4

I'm also with us the Sultan of science himself David Friedberg from an undisclosed conference

1:59.3

Somewhere which we can't talk about

2:02.0

How you doing? I'm off the record this week off the record this week and a little hungover it seems

2:06.4

Yeah, you need a couple of coffee. I drink a little Scotch last night late night

2:10.4

Well Scotch I went Scotch and beer and it was a it was a late night all right everybody

2:15.9

We got a lot of news to get through let's just parse through some of the data because data's been coming in and the minutes from the June Fed are out the key quote

2:23.4

Significant risk that elevated inflation could become entrenched if the public began to question the resolve of the Fed

...

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