Episode Details

This episode examines the macroeconomic risks posed by the Trump administration’s policies, including the potential for a balance of payments crisis in the US. It explores how escalating political pressures, a $24 trillion net international investment deficit, and attacks on Fed independence are undermining US asset valuations. The discussion also covers the strategic 60/30/10 portfolio allocation—emphasizing stocks, gold, and bitcoin—to hedge against dollar devaluation, alongside an in-depth review of various quantitative signals and market regimes that highlight the rising risks and emerging opportunities in current economic conditions.