The ACID Capitalist Podcast
The ACID Capitalist Podcast
Hugh Hendry
the tape is calling bullshit
32 minutes Posted Apr 21, 2026 at 6:00 pm.
intro. what the f$ck. this is not research.
buddy. can you spare a dime.
the gap between the price and the press.
the story you were sold was wrong.
the market’s verdict.
one ruthless question.
the iran reality.
the volatility signal.
why this time is different
surface vs reality.
the matrix is warming up
the beatles have split.
two realities.
outro. let's runaway.
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Show notes
Send us Fan Mail the strangest part of the last few weeks is not the headlines about iran, the strait of hormuz, or "financial war". the strangest part is the price. while the front pages sound confident that risk should be melting stocks down, the s&p 500 and nasdaq act like they already know how this ends, and they keep moving higher. i dig into that uncomfortable moment every investor recognises: being right on your story but wrong in your p&l, and what to do when the tape gives th...