Yen Carry Trade, Recession odds grow, Buffett cash pile, Google ruled monopoly, Kamala picks Walz

<p>(0:00) Bestie intros: Jason is back from COVID!</p> <p>(3:55) Yen carry trade unravels, Japan's unique economic issues</p> <p>(27:22) Recession odds growing, is the US already in a "lowkey recession"?</p> <p>(45:46) Why Buffett is selling Apple and massively increasing Berkshire's cash position</p> <p>(55:54) Major antitrust ruling against Google, predicting outcomes</p> <p>(1:22:41) Kamala picks Minnesota Governor Tim Walz as her running mate</p> <p>Follow the besties:</p> <p><a href= "https://twitter.com/chamath">https://twitter.com/chamath</a></p> <p><a href= "https://twitter.com/Jason">https://twitter.com/Jason</a></p> <p><a href= "https://twitter.com/DavidSacks">https://twitter.com/DavidSacks</a></p> <p><a href= "https://twitter.com/friedberg">https://twitter.com/friedberg</a></p> <p>Follow on X:</p> <p><a href= "https://twitter.com/theallinpod">https://twitter.com/theallinpod</a></p> <p>Follow on Instagram:</p> <p><a href= "https://www.instagram.com/theallinpod">https://www.instagram.com/theallinpod</a></p> <p>Follow on TikTok:</p> <p><a href= "https://www.tiktok.com/@theallinpod">https://www.tiktok.com/@theallinpod</a></p> <p>Follow on LinkedIn:</p> <p><a href= "https://www.linkedin.com/company/allinpod">https://www.linkedin.com/company/allinpod</a></p> <p>Intro Music Credit:</p> <p><a href="https://rb.gy/tppkzl">https://rb.gy/tppkzl</a></p> <p><a href= "https://twitter.com/yung_spielburg">https://twitter.com/yung_spielburg</a></p> <p>Intro Video Credit:</p> <p><a href= "https://twitter.com/TheZachEffect">https://twitter.com/TheZachEffect</a></p> <p>Referenced in the show:</p> <p><a href= "https://www.wsj.com/health/wellness/covid-guidelines-2024-cdc-symptoms-contagious-cdefb6b8"> https://www.wsj.com/health/wellness/covid-guidelines-2024-cdc-symptoms-contagious-cdefb6b8</a></p> <p><a href= "https://tradingeconomics.com/japan/interest-rate">https://tradingeconomics.com/japan/interest-rate</a></p> <p><a href= "https://pebblewriter.com/the-yen-carry-trade-explained">https://pebblewriter.com/the-yen-carry-trade-explained</a></p> <p><a href= "https://www.statista.com/statistics/604424/median-age-of-the-population-in-japan"> https://www.statista.com/statistics/604424/median-age-of-the-population-in-japan</a></p> <p><a href= "https://www.reuters.com/markets/asia/japans-nov-core-consumer-inflation-hits-fresh-40-year-high-2022-12-22"> https://www.reuters.com/markets/asia/japans-nov-core-consumer-inflation-hits-fresh-40-year-high-2022-12-22</a></p> <p><a href= "https://x.com/GoldmanSachs/status/1793998451291615316">https://x.com/GoldmanSachs/status/1793998451291615316</a></p> <p><a href= "https://www.wsj.com/economy/central-banking/boj-wont-raise-rates-when-markets-are-unstable-deputy-gov-says-6f4bf962"> https://www.wsj.com/economy/central-banking/boj-wont-raise-rates-when-markets-are-unstable-deputy-gov-says-6f4bf962</a></p> <p><a href= "https://www.cnbc.com/2024/03/01/the-us-national-debt-is-rising-by-1-trillion-about-every-100-days.html"> https://www.cnbc.com/2024/03/01/the-us-national-debt-is-rising-by-1-trillion-about-every-100-days.html</a></p> <p><a href= "https://www.wsj.com/finance/the-u-s-government-will-soon-spend-more-on-interest-payments-than-defense-ee6fbeec"> https://www.wsj.com/finance/the-u-s-government-will-soon-spend-more-on-interest-payments-than-defense-ee6fbeec</a></p> <p><a href= "https://www.nytimes.com/2024/07/10/business/archegos-bill-hwang-guilty.html"> https://www.nytimes.com/2024/07/10/business/archegos-bill-hwang-guilty.html</a></p> <p><a href= "https://www.bloomberg.com/news/articles/2024-08-08/jpmorgan-says-three-quarters-of-global-carry-trades-now-unwound"> https://www.bloomberg.com/news/articles/2024-08-08/jpmorgan-says-three-quarters-of-global-carry-trades-now-unwound</a></p> <p><a href= "https://www.cnbc.com/2024/08/02/job-growth-totals-114000-in-july-much-less-than-expected-as-unemployment-rate-rises-to-4point3percent.html"> https://www.cnbc.com/2024/08/02/job-growth-totals-114000-in-july-much-less-than-expected-as-unemployment-rate-rises-to-4point3percent.html</a></p> <p><a href= "https://fred.stlouisfed.org/series/UNRATE">https://fred.stlouisfed.org/series/UNRATE</a></p> <p><a href= "https://polymarket.com/event/how-many-fed-rate-cuts-this-year">https://polymarket.com/event/how-many-fed-rate-cuts-this-year</a></p> <p><a href= "https://www.google.com/finance/quote/.DJI:INDEXDJX">https://www.google.com/finance/quote/.DJI:INDEXDJX</a></p> <p><a href= "https://www.google.com/finance/quote/SPY:NYSEARCA">https://www.google.com/finance/quote/SPY:NYSEARCA</a></p> <p><a href= "https://www.google.com/finance/quote/.IXIC:INDEXNASDAQ">https://www.google.com/finance/quote/.IXIC:INDEXNASDAQ</a></p> <p><a href= "https://www.wsj.com/livecoverage/stock-market-today-dow-sp500-nasdaq-live-08-07-2024/card/airbnb-stock-slides-after-rental-company-warns-of-slowing-u-s-demand-inf2c6emjcl5KI7KmkfR"> https://www.wsj.com/livecoverage/stock-market-today-dow-sp500-nasdaq-live-08-07-2024/card/airbnb-stock-slides-after-rental-company-warns-of-slowing-u-s-demand-inf2c6emjcl5KI7KmkfR</a></p> <p><a href= "https://www.google.com/finance/quote/ABNB:NASDAQ">https://www.google.com/finance/quote/ABNB:NASDAQ</a></p> <p><a href= "https://x.com/RealEJAntoni/status/1799085407394845087">https://x.com/RealEJAntoni/status/1799085407394845087</a></p> <p><a href= "https://www.forbes.com/sites/gurufocus/2024/02/15/warren-buffett-bolsters-chevron-stake-revealing-key-q4-moves"> https://www.forbes.com/sites/gurufocus/2024/02/15/warren-buffett-bolsters-chevron-stake-revealing-key-q4-moves</a></p> <p><a href= "https://www.google.com/finance/quote/AAPL:NASDAQ">https://www.google.com/finance/quote/AAPL:NASDAQ</a></p> <p><a href= "https://www.ft.com/content/2aa3b542-d4e4-4afb-8d81-89bb734d7b17">https://www.ft.com/content/2aa3b542-d4e4-4afb-8d81-89bb734d7b17</a></p> <p><a href= "https://www.documentcloud.org/documents/25032786-googleruling">https://www.documentcloud.org/documents/25032786-googleruling</a></p> <p><a href= "https://x.com/Jason/status/1820823406503157764">https://x.com/Jason/status/1820823406503157764</a></p> <p><a href= "https://x.com/chamath/status/1817893425137508474">https://x.com/chamath/status/1817893425137508474</a></p> <p><a href= "https://www.vox.com/2018/10/31/18039528/tech-employees-politics-liberal-employers-candidates"> https://www.vox.com/2018/10/31/18039528/tech-employees-politics-liberal-employers-candidates</a></p> <p><a href= "https://www.natesilver.net/p/tim-walz-is-a-minnesota-nice-choice">https://www.natesilver.net/p/tim-walz-is-a-minnesota-nice-choice</a></p> <p><a href= "https://x.com/NickFondacaro/status/1820840411335737852">https://x.com/NickFondacaro/status/1820840411335737852</a></p> <p><a href= "https://x.com/KamalaHQ/status/1820918063966962143">https://x.com/KamalaHQ/status/1820918063966962143</a></p> <p><a href= "https://amp.cnn.com/cnn/2024/08/06/politics/tim-walz-inside-harris-vp-pick"> https://amp.cnn.com/cnn/2024/08/06/politics/tim-walz-inside-harris-vp-pick</a></p> <p><a href= "https://www.nytimes.com/2024/08/07/us/politics/vance-walz-military-record.html"> https://www.nytimes.com/2024/08/07/us/politics/vance-walz-military-record.html</a></p> <p><a href= "https://x.com/PokerGO/status/1818836856890704291">https://x.com/PokerGO/status/1818836856890704291</a></p>