What podcasts say about Patrick Armstrong

Every statement, with the speaker, the exact quote and the moment it was said.

What Patrick Armstrong has said on podcasts

10 statements · 3 positive · 6 negative · 1 neutral

on Treasury control of the 30-year yieldNegativeAug 21, 2026· Bloomberg Surveillance
The Treasury cannot control the 30-year yield.
“the Treasury won't have enough power to control the 30-year yield.”
Listen at 3:06
Open the episode · Bloomberg Surveillance TV: August 21st, 2026
on 30-year yieldNegativeAug 21, 2026· Bloomberg Surveillance
Market forces will defeat attempts to control the 30-year yield, except by the Fed.
“any time you try to control 30-year yield, it's always going to be the market that wins, unless you're the Fed that has the unlimited balance sheet.”
Listen at 3:50
Open the episode · Bloomberg Surveillance TV: August 21st, 2026
on Populist, protectionist and nationalist policiesNegativeAug 21, 2026· Bloomberg Surveillance
Populist, protectionist, nationalist policies and trade wars are inflationary.
“All of that's unequivocally inflationary.”
Listen at 4:27
Open the episode · Bloomberg Surveillance TV: August 21st, 2026
on Currency debasement strategyNegativeAug 21, 2026· Bloomberg Surveillance
Fiscal constraints make currency debasement the likely policy solution.
“a debasement strategy becomes the corner solution.”
Listen at 4:47
Open the episode · Bloomberg Surveillance TV: August 21st, 2026
on Federal ReserveNeutralAug 21, 2026· Bloomberg Surveillance
The Fed will remain on hold for the year.
“I think is going to be on hold for this year.”
Listen at 5:06
Open the episode · Bloomberg Surveillance TV: August 21st, 2026
on Hyperscaler AI spendingPositiveAug 21, 2026· Bloomberg Surveillance
Hyperscaler spending is primarily driving earnings growth and consensus estimates.
“earnings growth continues to be consensus estimates driven primarily by the hyperscaler spend and all the companies that are servicing those hyperscalers.”
Listen at 5:20
Open the episode · Bloomberg Surveillance TV: August 21st, 2026
on Gold miningPositiveAug 21, 2026· Bloomberg Surveillance
Gold miners are preferable to holding gold directly.
“I much prefer gold miners to gold itself”
Listen at 5:43
Open the episode · Bloomberg Surveillance TV: August 21st, 2026
on Equity (finance)PositiveAug 21, 2026· Bloomberg Surveillance
Equities are attractive investments in a currency-debasement scenario.
“I do think equities are a good place to be if it is a debasement trade.”
Listen at 6:09
Open the episode · Bloomberg Surveillance TV: August 21st, 2026
on Rising yieldsNegativeAug 21, 2026· Bloomberg Surveillance
Deteriorating fiscal conditions will eventually make yields pressure the economy and equity market.
“there will come a very important moment where yields do... put pressure on the whole economy, on the whole equity market as well”
Listen at 6:59
Open the episode · Bloomberg Surveillance TV: August 21st, 2026
on Equity valuation multiplesNegativeAug 21, 2026· Bloomberg Surveillance
Higher yields reduce equity valuation multiples.
“multiples come down as yields go higher”
Listen at 7:08
Open the episode · Bloomberg Surveillance TV: August 21st, 2026

Statements are attributed to the speaker as said on the episode and reflect their view at the time, not PodLume's. They are not advice.