{"podcast":{"title":"The Julia La Roche Show","slug":"the-julia-la-roche-show-5842803","podcast_index_feed_id":5842803,"rss_url":"https://anchor.fm/s/41aa63c4/podcast/rss","website_url":"https://podcasters.spotify.com/pod/show/julia-la-roche","image_url":"https://d3t3ozftmdmh3i.cloudfront.net/production/podcast_uploaded_nologo/10916857/10916857-1660085096509-ec2c80bf0ad2a.jpg","author":"Julia La Roche","episode_count":395,"summary":"Julia La Roche brings her listeners in-depth conversations with some of the top CEOs, investors, founders, academics, and rising stars in business. Guests on \"The Julia La Roche Show\" have included Bill Ackman, Ray Dalio, Marc Benioff, Kyle Bass, Hugh Hendry, Nassim Taleb, Nouriel Roubini, David Friedberg, Anthony Scaramucci, Scott Galloway, Brent Johnson, Jim Rickards, Danielle DiMartino Booth, Carol Roth, Neil Howe, Jim Rogers, Jim Bianco, Josh Brown, and many more. Julia always makes the show about the guest, never the host. She speaks less and listens more. She always does her homework.","last_synced_at":"2026-07-24T00:18:02.386758+00:00","page_url":"https://stenobird.com/podcast/the-julia-la-roche-show-5842803"},"episode":{"title":"#362 Chris Whalen: DOJ Drops Powell Probe — \"Trump Could Be Attacking Warsh By Thanksgiving,\" Stagflation Is the Base Case, The Real Private Credit Risk, & Why Distressed Real Estate Is The Next Trade","slug":"362-chris-whalen-doj-drops-powell-probe-trump-could-be-attacking-warsh-by-thanksgiving-stagflation-is-the-base-case-the-real-private-credit-risk-why-distressed-real-estate-is-the-next-trade","published_at":"2026-04-25T12:00:00+00:00","page_url":"https://stenobird.com/podcast/the-julia-la-roche-show-5842803/362-chris-whalen-doj-drops-powell-probe-trump-could-be-attacking-warsh-by-thanksgiving-stagflation-is-the-base-case-the-real-private-credit-risk-why-distressed-real-estate-is-the-next-trade","show_page_url":"https://stenobird.com/podcast/the-julia-la-roche-show-5842803","url":"https://podcasters.spotify.com/pod/show/julia-la-roche/episodes/362-Chris-Whalen-DOJ-Drops-Powell-Probe--Trump-Could-Be-Attacking-Warsh-By-Thanksgiving--Stagflation-Is-the-Base-Case--The-Real-Private-Credit-Risk---Why-Distressed-Real-Estate-Is-The-Next-Trade-e3ieice","audio_url":"https://traffic.megaphone.fm/APO4161932830.mp3","summary":"In this episode of The Wrap, Chris Whalen breaks down what's really driving the rally, why the inflationary impact of the Iran war will stay with us through the end of 2026, and why the Fed's hands are essentially tied regardless of who sits in the chair. Chris also digs into Q1 bank earnings — what the numbers are really saying about credit risk, why most banks are still refusing to disclose their private credit exposures, and why he believes the debt in these deals will ultimately be converted to equity — with retail and institutional investors left holding the bag. Plus: commercial real estate as a long-term drag on cities, the New York pied-à-terre tax as political theater, gold and silver ETF picks, and why Chris says the U.S. equity market would be "comfortable with the devil by lunchtime." Thank you to our partners at Goldco. Get your free 2026 Gold & Silver Kit at https://goldco.com/thewrap or call 855-573-0817 Links: The Institutional Risk Analyst: https://www.theinstitutionalriskanalyst.com/ The Wrap: https://www.theinstitutionalriskanalyst.com/post/theira837Inflated book (2nd edition): https://www.barnesandnoble.com/w/inflated-r-christopher-whalen/1146303673Twitter/X: https://twitter.com/rcwhalen "Homework" from Chris :) https://shanakaanslemperera.substack.com/p/the-reserve-barbell Use the code TheWrap2026 for 25% off your first year of The Institutional Risk Analyst https://www.theinstitutionalriskanalyst.com/plans-pricing Timestamps: 0:00 Intro 0:27 Breaking news — DOJ drops Powell probe, Chris reacts 2:03 Chris's assessment of Powell — "Mediocre" 2:18 "The burning tire of home price affordability" 3:58 "He could be attacking Warsh by Thanksgiving" 5:49 Does Warsh come in as a hawk? 9:45 Main episode b…","meta_description":"In this episode of The Wrap, Chris Whalen breaks down what's really driving the rally, why the inflationary impact of the Iran war will stay with us throu…","key_points":[],"chapters":[],"topics":[],"duration_seconds":2671,"processing_state":"not_requested","actions":[{"name":"request_transcript","method":"POST","url":"https://stenobird.com/v1/public/podcasts/the-julia-la-roche-show-5842803/episodes/362-chris-whalen-doj-drops-powell-probe-trump-could-be-attacking-warsh-by-thanksgiving-stagflation-is-the-base-case-the-real-private-credit-risk-why-distressed-real-estate-is-the-next-trade/transcription-requests","description":"Idempotently request low-priority transcript generation for this episode."},{"name":"read_markdown","method":"GET","url":"https://stenobird.com/podcast/the-julia-la-roche-show-5842803/362-chris-whalen-doj-drops-powell-probe-trump-could-be-attacking-warsh-by-thanksgiving-stagflation-is-the-base-case-the-real-private-credit-risk-why-distressed-real-estate-is-the-next-trade.md","description":"Read the agent-friendly Markdown representation of this episode resource."}]}}