Episode

Gulf War 3 and Global Financial Crisis 2? Special with Nick Kumleben

Podcast
The HC Commodities Podcast
Published
Mar 13, 2026
Duration seconds
3004
Processing state
not_requested
Canonical source
https://www.hcgroup.global/
Audio
https://dts.podtrac.com/redirect.mp3/cdn.simplecast.com/media/audio/transcoded/911da7df-97ee-4074-95b8-cb7db4fd953e/f16f4497-1462-46a1-9e27-57c332c5c121/episodes/audio/group/f063ee60-1d97-49d6-a21d-59084bf27bdf/group-item/af0e705e-7786-4bea-9ac7-bc26163405f3/128_default_tc.mp3?aid=rss_feed&feed=QXaWSc4o
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Summary

Returning today to discuss the latest developments from Israel & US's war with Iran is Nick Kumleben, Director at Greenmantle, the geopolitical risk advisory firm. What are the commodities markets telling us about duration? What are the incentive structures in place? How are traders faring in this period of extraordinary volatility? Is the US Treasury trading and how rumor and innuendo are driving that volatility? What would mines in the strait mean? Would boots on the ground actually lower prices? Why are the equity markets so sanguine? And could this, plus a smoldering private credit fund concern, lead us quickly to the global financial crisis?