How Bullish Are You? 1 - 10 With Garth Friesen ex NY Fed Advisor, Forbes, III Capital

Avory Around the Desk Podcast

In this episode of Avory Around the Desk Podcast, host Sean Emory, founder and Chief Investment Officer of Avory & Co, welcomes Garth Friesen, an acclaimed investor, author, consultant, and former hedge fund manager. Garth shares his insights on a wide range of topics including market outlook, macroeconomic trends, the Federal Reserve's policies, and the impact of geopolitical events. Discussions also cover the effects of tariffs, real estate investment opportunities, and the transformative role of AI in various sectors. Whether you're a seasoned investor or new to the field, this episode offers valuable perspectives on navigating today's complex financial landscape.

00:00 Introduction to Avory Around the Desk Podcast
00:13 Meet Garth Friesen: Investor, Author, and Consultant
00:49 Garth's Career Journey and Current Activities
01:19 Current Market and Macro Environment
04:01 Impact of Tariffs and Market Reactions
13:36 Fed's Role and Economic Indicators
16:12 Inflation, Data Accuracy, and Fed's Decision Making
23:02 Strategic Views on Fed's Easing Cycle
25:59 Impact of Fed Policies on Long-Term Rates
27:29 Current State of the Real Estate Market
29:08 Opportunities in Commercial Real Estate
34:26 AI's Role in Investment Strategies
45:01 Advice for Retirees and New Investors
48:03 Where to Follow the Speaker's Work



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Hosted by:
Sean Emory, Founder & Chief Investment Officer, Avory & Co.
https://www.avory.xyz

Guest:
Garth Friesen


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Disclaimer

This presentation is for informational purposes only and does not constitute an offer, recommendation, or solicitation to buy or sell any security. Past performance is not indicative of future results. All opinions expressed are as of the date of recording and are subject to change without notice. Any securities discussed may or may not remain in the portfolio. Please consult with a licensed financial advisor for personalized investment advice.

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Unauthorized use, reproduction, or distribution of this content is strictly prohibited.

What is Avory - Markets and Investing?

Around the Desk: This is where we at Avory think out loud, challenge narratives, and look for signal through the noise. Each episode, the Avory & Co. team dives into what’s moving markets, how companies are performing, and where opportunities may be forming. We break down earnings, macro trends, and investor sentiment — all from the lens of a concentrated, high-conviction portfolio.

*** The views expressed on Avory Podcast: Around the Desk are those of the hosts and guests and do not constitute investment advice. This podcast is for informational purposes only and should not be relied upon to make investment decisions. All investments involve risk, including potential loss of capital. Avory & Co. may hold positions in the companies discussed.