Episode Details

This podcast episode examines key macro questions surrounding the impact of Trump’s fiscal policies on both bond and equity markets. It discusses how factors such as the resilience of the U.S. economy, the stickiness of inflation, and a massive budget deficit could lead to global bond market volatility and declining liquidity. The conversation also touches on portfolio strategies, quantitative signals, and market regimes, highlighting both risks (including asset seizures and financial repression) and opportunities in risk assets amid evolving market conditions.