Market Disruptors, Released on 5/23/25
In this explosive conversation, I sit down with Edward Dowd—former BlackRock fund manager and founding partner of Phinance Technologies—to dissect the global economic crisis few are prepared for. We discuss the unsustainable debt buildup, why the 2023 banking failures were just the beginning, the silent housing collapse, and what’s really fueling inflation behind the scenes. Ed also reveals why deflation is “illegal” in a debt-based system and outlines the timeline for a potential 2026 market bottom—and beyond.
Edward Dowd is currently a Founding Partner of Phinance Technologies, a global macro alternative investment firm. He is also author of the book “Cause Unknown”: The Epidemic of Sudden Deaths in 2021 & 2022 & 2023. Edward has worked on Wall Street most of his career, spanning both credit markets and equity markets. Some of the firms he worked for include HSBC, Donaldson Lufkin & Jenrette and Independence Investments. Most notably, he worked at Blackrock as a portfolio manager where he managed a $14 billion Growth equity portfolio for ten years. After BlackRock, he founded OceanSquare Asset Management with two former BlackRock colleagues.
Mark Moss is a Youtuber and has been a full-time investor and entrepreneur for over 25 years.