Lacy Hunt
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12
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7
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6
PODCASTS
Search complete. 12 mentions across 7 episodes found for "Lacy Hunt".
Oct 22, 2026
Douglas OttHOST
James, I saw an interview you did about maybe nine months or 12 months ago where you suggested that our new Fed chairman, Kevin Warsh, might redefine the inflation parameters to provide cover for a more dovish stance on rates in the Fed.
Douglas OttHOST
government's balance sheet, but I don't know if you followed Ben Hoisington, but it seems like recently Hoisington and Lacey Hunt are changing their tune on interest rates.
Douglas OttHOST
They've been long the long bonds forever, but now it seems like this could be a turning point for them.
Douglas OttHOST
So I just wonder if you have any thoughts on that.
James DavolosGUEST
And so they hiked.
James DavolosGUEST
I don't really have a strong opinion whether or not that was appropriate.
James DavolosGUEST
But I love Lacey Hunt's letter.
James DavolosGUEST
And somebody forwarded it to me the day it came out because the title was Global Scarcity and the End of Globalization's Disinflationary Era.
Adam TaggartHOST
It was amazing.
Adam TaggartHOST
We had Lacey Hunt, Jan Van Eck, Neil Howe, Fred Hickey, Ed Dowd, Mike Green, Mark Newton, Stephanie Pomboy, and Grant Williams, Darius Dale, Michael Howe, Melody Wright talking about real estate, Michael Every, Tavi Costa, Andy Schectman, Brent Johnson, David Hay, Daniel DiMartino Booth, Jeff Clark, and me.
Adam TaggartHOST
You can learn more all, all, uh, learn more all about them and what they presented at, um, at that thoughtfulmoney.com/replay link I mentioned.
Adam TaggartHOST
And lastly, I'll just mention just a couple, but, um, at the end of the conference, uh, we ask everybody for their honest feedback.
Ed DowdGUEST
And, you know, Trump won in 2024.
Ed DowdGUEST
There was a chart that Lacey Hunt, a friend of mine who's an economist, was putting out there and it showed every time real wage growth goes minus 2 percent, there's a change in administration.
Ed DowdGUEST
Ronald Reagan got in in 1980 on that on that stat.
Ed DowdGUEST
Bill Clinton got in in 92 on that stat and Trump got in on that stat in 2024.
Lance RobertsHOST
Okay.
Lance RobertsHOST
Lacey Hunt, who is a bond manager, I'm not, are you familiar with him? No.
Lance RobertsHOST
Okay.
Lance RobertsHOST
Okay.
Lance RobertsHOST
So Lacey Hunt's a doctor that manages a big bond portfolios in Austin.
Lance RobertsHOST
And he just made the case recently that he thinks we're about to go through the reverse of globalization.
Lance RobertsHOST
So we're going to go through deglobalization, which is going to be inflationary into the economy.
Lance RobertsHOST
Let, let me, let me ask you a question because what you just said, so, so let me make sure I understand what you're saying, is that AI and robotics is potentially going to be a second wave of globalization, right? And, and in theory, globalization is we export inflation, import deflation, right? So we get, we export high cost labor to import cheaper products.
Lance RobertsHOST
Okay? Um, Lacy Hunt, who is a bond manager, I, I'm not fam- are you familiar with him?
Bill KingGUEST
No.
Lance RobertsHOST
Okay, okay.
Lance RobertsHOST
So Lacy Hunt's a, um, a doctor that manages, uh, big bond portfolios in Austin, and he just made the case recently that he thinks we're about to go through the reverse of globalization.
Lance RobertsHOST
So we're gonna go through de-globalization, which is gonna be inflationary into the economy.
Lance RobertsHOST
So it's, it's an interesting, you know, kind of a contradictive point between... 'Cause look- Nobody knows for sure how this AI robotics thing is gonna work out.
Adam TaggartHOST
So, um, just real quick, I wanna share with you the faculty for the conference now that it's m- mostly finalized.
Adam TaggartHOST
And look, folks, uh, Lacy Hunt will keynote.
Adam TaggartHOST
Uh, you've got Jan Van Eck.
Adam TaggartHOST
This conference is the first time we've ever had a sponsor.
Alan O'SullivanHOST
But then we've got debt, sovereign debt.
Alan O'SullivanHOST
I interviewed Dr. Lacey Hunt recently and He's talking about the law of diminishing returns and when you abuse one of the factors of production and governments have absolutely abused the debt funding.
Alan O'SullivanHOST
So if we've got problems with demographics, problems with debt, problems with human capital because the old system of education doesn't work, How does this play out then if you were to update your thesis on productivity?
Robert J. GordonGUEST
As you suggested, let's broaden this out for the rest of the world.