Maggie Lake sits down with Harry Melandri, senior advisor to Arque Advisors and author of the Respice Finem Substack, to wrap up a dramatic week for markets. Late breaking news that the Trump Administration may levy taxes on Canada, Mexico and China as soon as Feb 1st sparked selling and a whole lot of confusion. Harry talks about the interplay between politics and the markets and why he thinks the Fed may keep rates lower than they want. , Don't miss out on future episodes - get on the list here: https://maggielake.markets/notify-me Connect with me on Substack: https://maggielake.substack.com Connect with me on Twitter: https://x.com/maggielake Connect with Harry on Substack: https://respicefinemmacro.substack.com/ Chapters 00:00 Tariffs and Market Reactions 06:01 Monetary Policy and Inflation Dynamics 12:55 Fiscal Policy and Deficit Challenges 18:51 The Future of Interest Rates 25:03 Investment Opportunities in a Volatile Market *We know you get this, but gotta say it anyway - this show is for informational purposes only and is not financial advice.

The Fed held rates steady, but it didn't take long for President Trump to criticize Powell. Maggie Lake sits down with Kevin Muir, author of the Macro Tourist newsletter to talk about interest rates, the impact of Trump tariff policy and why he thinks US equities are at risk for a big correction. They also talk about why he is bearish Canada and why every investor need to pay attention to foreign exchange markets. . Don't miss out on future episodes - get on the list here: https://maggielake.markets/notify-me Connect with me on Substack: https://maggielake.substack.com Connect with me on Twitter: https://x.com/maggielake

For more on Kevin's work: https://substack.com/@themacrotourist

00:00 - Introduction: Kevin Muir on Market Risks and Opportunities 00:30 - Is the Fed on Hold? What’s Next for Interest Rates 01:20 - Market Overconfidence: The Cliff of Overconfidence vs. Wall of Worry 03:40 - AI, Tech, and the Market’s Reaction to DeepSeek 06:15 - Market Euphoria: Signs of a Topping Pattern? 08:38 - Rotation Risks: Will Small Caps and Value Stocks Take Over? 11:26 - Is Gold a Safe Haven or a Central Bank Game? 14:22 - How Bearish Is Kevin? The One-Year S&P Outlook 17:15 - Commodities: Copper, Platinum, and Palladium Opportunities 21:26 - Canada’s Economic Challenges: Housing, Debt, and Immigration 26:42 - Tariffs, Trade Wars, and Canada’s Vulnerability 30:49 - Trump’s Economic Plans and the Market’s Complacency 35:13 - The Biggest Market Risk: FX Volatility on the Horizon 37:52 - Closing Thoughts: How to Navigate an Uncertain Market

How should investors trade the Trump headlines? We're all getting a crash course today. The US dollar, treasuries, and stocks are all on the move after reports that President-elect Trump may take a more targeted approach to tariffs. Maggie Lake sits down with Dale Pinkert, trading coach at TradeGateHub, to talk about how to trade what looks to be a volatile start to the new trading year. Dale thinks a major change is in store for the US dollar and commodities. He breaks down his outlook, highlights key levels to watch and explains why he thinks mining stocks may be the best performing sector this year. Don't miss out on future episodes - get on the list here: https://maggielake.markets/notify-me Connect with me on Substack: https://maggielake.substack.com Connect with me on Twitter: https://x.com/maggielake *We know you get this, but gotta say it anyway - this show is for informational purposes only and is not financial advice.

Step back in time to the trading floors of Wall Street as Maggie Lake sits down with John Johnston, the veteran trader and author behind the Market Vibes Substack. With 50 years of trading experience, JJ shares fascinating stories from the pits, his journey from a runner in the 1970s to a respected market veteran, and the humanity behind the numbers. Discover how the trading environment shaped careers, the challenges of adapting to an ever-changing market, and the life lessons learned along the way. 🔔 Hit that subscribe button and join the conversation in the comments. Don't miss out on future episodes - get on the list here: https://maggielake.markets/notify-me Connect with me on Twitter: https://x.com/maggielake Connect with me on Substack: https://maggielake.substack.com Subscribe to Market Vibes here: https://jj745.substack.com/

It’s been quite a journey since we officially launched Maggie Lake Talking Markets on September 4. With our truly amazing guests, we’ve covered pretty much all asset classes and sectors, the winter volatility, the bearish and bullish cases on what happens next - oh, and that little ol’ election in November. It is of course difficult to make predictions, especially about the future (!) but one thing's for certain - 2025 is going to be a trip. To help prep for it, here's a quick compilation of the worries and expectations of our Talking Markets guests. And an all-important thank you for being here...! 🔔 Hit that subscribe button and join the conversation in the comments. Don't miss out on future episodes - get on the list here: https://maggielake.markets/notify-me Connect with me on Twitter: https://x.com/maggielake Connect with me on Substack: https://maggielake.substack.com
We know you get this, but gotta say it anyway - this show is for informational purposes only and is not financial advice.

The US Fed cut rates at its last policy meeting of the year, but warned there may be fewer ahead sparking a massive sell-off in stocks and bonds. Maggie Lake sat down with Tony Greer, editor of the Morning Navigator newsletter, to talk about whether this is the start of a more serious pullback. Tony also discussed his outlook for energy, tech and where he sees opportunity in 2025. To get more from Tony, right this way: ‪@MacroDirtCast‬ 🎄This is the final episode of Talking Markets in 2024....! We're taking a break over the holidays, but normal Talking Markets service will be resumed on January 6. Thanks for joining us on this adventure so far, we can't wait for 2025. Don't miss out on future episodes - get on the list here: https://maggielake.markets/notify-me Connect with me on Substack: https://maggielake.substack.com Connect with me on Twitter: https://x.com/maggielake

Bitcoin is soaring, meme coins are charging higher and Mag 7 stocks are back in the driver's seat. How should investors approach this relentless year-end rally? Maggie Lake sits down with Thomas Thornton, the founder of Hedge Fund Telemetry, who is very concerned about a market he calls, "..crazy, dangerous and the most speculative I've ever seen." Tommy gets real about where he has made mistakes, the casino culture we are living in and why he is worried a serious correction looms ahead. Don't miss out on future episodes - get on the list here: https://maggielake.markets/notify-me Connect with me on Substack: https://maggielake.substack.com Connect with me on Twitter: https://x.com/maggielake

Spectra Markets President Brent Donnelly says we have sticky inflation, "which is not mission accomplished, at all." So, will sticky inflation throw a wrench in the Fed's plans? And with a total of 6 central banks meeting next week, are we in for a monetary regime change? Maggie Lake sits down with Brent to discuss these questions, as well as Brent's outlook on the dollar, euro, and yen, whether the market is too complacent about volatility, and more. It's the final Talking Markets Friday of 2024... enjoy.

You can find more of Brent's work here: https://www.spectramarkets.com/ Don't miss out on future episodes - get on the list here: https://maggielake.markets/notify-me Connect with me on Substack: https://maggielake.substack.com Connect with me on Twitter: https://x.com/maggielake *We know you get this, but gotta say it anyway - this show is for informational purposes only and is not financial advice.

An as-expected inflation reading powered another strong advance for US stocks, but is this year end rally looking tired? Maggie Lake sits down with Rupert Mitchell, author of the Blind Squirrel Macro substack, who warns the US equity bull run is starting to look overextended. From his perch in Australia, Rupert talks about the international opportunities he thinks will outperform, the outlook for the US dollar and the trade China bears may be sleepwalking past. You can more of Rupert's work here: https://substack.com/@blindsquirrelmacro Don't miss out on future episodes - get on the list here: https://maggielake.markets/notify-me Connect with me on Substack: https://maggielake.substack.com Connect with me on Twitter: https://x.com/maggielake
*We know you get this, but gotta say it anyway - this show is for informational purposes only and is not financial advice

Nine major central banks are meeting this week to decide monetary policy. Maggie Lake sits down with Weston Nakamura, author of Across the Spread substack, to discuss the outlook for the dollar and whether the Bank of Japan will buck the global trend and tighten. They'll also talk about why investors may be underestimating a powerful bid to US markets - Asian investors fleeing domestic troubles. Follow more of Weston's work here: https://substack.com/@acrossthespread Don't miss out on future episodes - get on the list here: https://maggielake.markets/notify-me Connect with me on Twitter: https://x.com/maggielake Connect with me on Substack: https://maggielake.substack.com *We know you get this, but gotta say it anyway - this show is for informational purposes only and is not financial advice.

Could the US be in for a turbulent 2025 before the dawn of a bright future? JDI Research founder Juliette Declercq thinks so - and she sat down with Maggie Lake for a special deep-dive interview on her 2025 outlook and beyond. They discuss the factors driving what Juliette calls a “capitalism malaise,” including a shrinking workforce, stagnant wages, and the risks of excessive government debt. Juliette also analyzes the potential impact of Trump's economic policies, such as immigration reform and tariffs, saying they could lead to a “macro revolution” with both opportunities and significant disruption. Also discussed: the role of technology and AI, the future of the US economy, and the all-important E-Factor: Elon Musk’s role in the new administration. Recorded on December 3, 2024. Don't miss out on future episodes - get on the list here: https://maggielake.markets/notify-me Connect with me on Twitter: https://x.com/maggielake Connect with me on Substack: https://maggielake.substack.com

The moderate pace of hiring in November is keeping hopes alive for another rate cut from the Fed, but is the US central bank on a collision course with the new Trump administration? Maggie Lake sits down with Harry Melandri, senior advisor to Arque Advisors and author of the upcoming Substack Respice Finem, to discuss the challenges facing chairman Jay Powell. Harry talks about what the proposed tariffs will mean for inflation and the rest of the world and where he sees opportunity. Don't miss out on future episodes - get on the list here: https://maggielake.markets/notify-me Connect with me on Twitter: https://x.com/maggielake Connect with me on Substack: https://maggielake.substack.com

China's DeepSeek AI has reportedly matched the performance of OpenAI and other models at a fraction of the cost. The news sent US tech stocks plummeting Monday, with Nvidia shares losing nearly 17%. Jacob Shapiro, Head of Geopolitical and Macro at The Bespoke Group, joins Maggie Lake today to discuss the market and geopolitical implications of the news. Will this help or hinder a deal with China? Jacob also weighs in on Mexico, the Ukraine war and why Germany may be the most important country to watch. Don't miss out on future episodes - get on the list here: https://maggielake.markets/notify-me Connect with me on Substack: https://maggielake.substack.com Connect with me on Twitter: https://x.com/maggielake *We know you get this, but gotta say it anyway - this show is for informational purposes only and is not financial advice. 00:00 - Introduction: Jacob Shapiro 01:00 - Is China's DeepSeek What Caused the Market Sell-Off 04:40 - It Hurst Much More to Lose 06:35 - China’s AI Strategy: Threat or Overhyped? 11:10 - Trump’s Trade Policies: Bluff or Real Economic Shift? 18:30 - Could Countries Turn to China? 22:25 - The Risk of Germany Pivoting Away from the US 25:50 - Ukraine, Russia, and the Role of China in Ending the War 28:25 - The Future of US Manufacturing and Trade Policy 34:15 - Closing Thoughts: Filtering Noise and Finding Real Signals

The labor market is showing some signs of softening but stocks continue to charge higher. Is the bull rally getting over-extended? Maggie Lake sat down with Peter Boockvar to talk about the two-lane highway that is the US economy and the dilemma facing the Federal Reserve. Peter also talks about the underappreciated risk around Trump tariff policies and why looking for value in this market requires an active approach. Recorded the morning of December 4. Don't miss out on future episodes - get on the list here: https://maggielake.markets/notify-me Connect with me on Twitter: https://x.com/maggielake Connect with me on Substack: https://maggielake.substack.com To get more from Peter, join him over on Substack at: ⁠https://peterboockvar.substack.com/⁠

Can US stocks continue to power higher into the close of the year? Maggie Lake sits down with Warren Pies, co-founder and strategist at 3Fourteen Research, who breaks down the seasonal effects and chase dynamic driving equity flows. Warren also dives deep into the housing market and explains why this economic "source of truth" may be flashing warning signs for 2025. Don't miss out on future episodes - get on the list here: https://maggielake.markets/notify-me Connect with me on Twitter: https://x.com/maggielake Connect with me on Substack: https://maggielake.substack.com *We know you get this, but gotta say it anyway - this show is for informational purposes only and is not financial advice.

Investors approve of President Trump's pick for US Treasury Secretary, but what will economic policy look like under Scott Bessent if he gets confirmed? Maggie Lake sits down with Jared Dillian, author of The Daily Dirtnap and founder of Jared Dillian Money, who thinks US intervention to drive the dollar lower is a real possibility. Jared also talks about his outlook for bonds, how to hedge for a stock correction and why midcaps might be the market sweet spot. Don't miss out on future episodes - get on the list here: https://maggielake.markets/notify-me Connect with me on Twitter: https://x.com/maggielake Connect with me on Substack: https://maggielake.substack.com

US stocks, the dollar and bitcoin are all ripping higher. Maggie Lake sits down with Dale Pinkert, Trading Coach at TradeGateHub, to talk about how much further this risk-on rally can run and the key levels to watch to see if sentiment is turning. Spoiler alert - Dale is a little concerned that, "everyone is in the pool". Don't miss out on future episodes - get on the list here: https://maggielake.markets/notify-me Connect with me on Substack: https://maggielake.substack.com Connect with me on Twitter: ⁠https://x.com/maggielake

*We know you get this, but gotta say it anyway - this show is for informational purposes only and is not financial advice

Risk appetite is riding high, but could macro developments derail animal spirits? Maggie Lake sits down with the ever thoughtful Noelle Acheson, author of the Crypto is Macro Now substack, to look at the risks around stretched US equity valuations and the strong dollar. Noelle also looks at whether the crypto rally has room to run and what the introduction of BTC ETF options means for this nascent asset class. Don't miss out on future episodes - get on the list here: ⁠https://maggielake.markets/notify-me Connect with me on Substack: ⁠https://maggielake.substack.com⁠ Connect with Noelle on Substack: https://www.cryptoismacro.com/ Connect with me on Twitter: https://x.com/maggielake *We know you get this, but gotta say it anyway - this show is for informational purposes only and is not financial advice.

The US dollar hit its highest level in a year following the US election. What is driving the rally and what does it mean for the global economy? Maggie Lake sits down with Vincent Deluard, Director of Global Macro Strategy at Stone X, to discuss what some call the US dollar wrecking ball. Vincent also talks about the hidden causes of the US growth miracle and the risk of a second wave of inflation. Don't miss out on future episodes - get on the list here: https://maggielake.markets/notify-me Connect with me on Twitter: https://x.com/maggielake Connect with me on Substack: https://maggielake.substack.com *We know you get this, but gotta say it anyway - this show is for informational purposes only and is not financial advice.

Cryptocurrencies have been on a tear ever since Donald Trump won the election, but can the rally last? Maggie Lake sits down with Mish Schneider, Chief Strategist at Marketgauge.com to talk about the outlook for Bitcoin and whether the digital currency can finally punch above that 100k level. Mish also looks at which sectors and stocks could benefit from Trump policies and what levels to watch for bonds and precious metals. Don't miss out on future episodes - get on the list here: https://maggielake.markets/notify-me Connect with me on Twitter: https://x.com/maggielake Connect with me on Substack: https://maggielake.substack.com *We know you get this, but gotta say it anyway - this show is for informational purposes only and is not financial advice.

Not necessarily is the short answer. Maggie Lake sat down with Sam Rines, Macro Strategist at Wisdom Tree, to talk about where stocks go from here and Sam finds a lot of reason for optimism, especially when you look at the US consumer. Sam also discusses the outlook for AI spend, importance of data and risks from tariffs.

Don't miss out on future episodes - get on the list here: https://maggielake.markets/notify-me Connect with me on Twitter: https://x.com/maggielake Connect with me on Substack: https://maggielake.substack.com *We know you get this, but gotta say it anyway - this show is for informational purposes only and is not financial advice.

Maggie Lake sat down with Cem Karsan, Founder of Kai Volatility, to get his take on the Trump rally that has seen stocks, crypto and the US dollar all skyrocket. Cem draws on his deep knowledge of the options markets to explain why this is about so much more than one candidate, the big changes that populism will bring and areas where investors can look for opportunity amid the volatility.

Don't miss out on future episodes - get on the list here: https://maggielake.markets/notify-me Connect with me on Twitter: https://x.com/maggielake Connect with me on Substack: https://maggielake.substack.com *We know you get this, but gotta say it anyway - this show is for informational purposes only and is not financial advice.

Michael Howell, managing director of Cross Border Capital, joins Maggie Lake to discuss the liquidity landscape, the US' debt problem, and why inflation remains a major threat. He shares how the Fed and Treasury are manipulating bond yields, explains the return of a different kind of bond vigilante, warns of the risks of rising bond market volatility, and discusses why China's economic stimulus may not be the silver bullet many hope for. A must-watch for anyone concerned about the future of global financial markets. Recorded November 8, 2024. Don't miss out on future episodes - get on the list here: https://maggielake.markets/notify-me Connect with me on Twitter: https://x.com/maggielake Connect with me on Substack: https://maggielake.substack.com *We know you get this, but gotta say it anyway - this show is for informational purposes only and is not financial advice.

To wrap up the week on Talking Markets, Maggie Lake sits down with Ben Miller, CEO of Fundrise - a company aims to give investors a path to private markets. Ben invests in both commercial real estate and late stage tech which gives him a unique perspective on two areas in the news. He and Maggie discuss where we are in the AI cycle (early innings) and where he thinks the next big movers will be (killer apps). The also talk about commercial real estate which Ben thinks will turn the corner this year. He sees interesting value v. equities in certain areas. Don't miss out on future episodes - get on the list here: https://maggielake.markets/notify-me Connect with me on Substack: https://maggielake.substack.com Connect with me on Twitter: https://x.com/maggielake *We know you get this, but gotta say it anyway - this show is for informational purposes only and is not financial advice. 00:00 - Intro with Ben Miller 00:30 - The Best of Times, The Worst of Times: AI vs. Real Estate 02:00 - Fundrise’s Evolution: From Real Estate to AI Investing 03:57 - How Fundrise Gives Investors Access to Private Tech Companies 08:00 - AI Boom or Bubble? Lessons from Past Tech Cycles 12:00 - The Risk of AI Startups: Which Companies Will Survive? 19:15 - Why More Companies Are Avoiding IPOs 24:20 - AI’s Infrastructure Boom: The Future of Data Centers 27:25 - Bond Yields and the Real Estate Market Outlook 36:55 - The Next AI Breakthrough: Where Will the Killer App Come From? 40:30 - Closing Thoughts: Real Estate, Markets, and Investor Strategies

Animal spirits were released in a week which saw Donald Trump win the US election and the Fed deliver another rate cut. Maggie Lake sat down with Julian Brigden, Head of Research at Macro Intelligence 2 Partners, to discuss whether the knee-jerk rally in risk assets can continue. Julian also talks about the economic impact of Trump 2.0, the risks posed by inflation and why American exceptionalism may be at risk. You can find more of Julian's work here: https://mi2partners.com/ Don't miss out on future episodes - get on the list here: https://maggielake.markets/notify-me Connect with me on Twitter: https://x.com/maggielake Connect with me on Substack: https://maggielake.substack.com *We know you get this, but gotta say it anyway - this show is for informational purposes only and is not financial advice.

US stocks, the dollar, and crypto all rallied in the wake of Donald Trump's decisive win, but what happens from here? Maggie Lake sat down with Tony Greer, Editor of The Morning Navigator newsletter to talk about which Trump trades investors should ride higher and which to fade. They also discussed the outlook for commodities and whether the jump in bond yields signals trouble ahead. Don't miss out on future episodes - get on the list here: https://maggielake.markets/notify-me Connect with me on Twitter: https://x.com/maggielake Connect with me on Substack: https://maggielake.substack.com
*We know you get this, but gotta say it anyway - this show is for informational purposes only and is not financial advice.

Trust has evaporated, people are angry and Dee Smith the CEO and Founder of Strategic Insight Group argues this is about something much bigger than the US election. In this conversation Dee, who has spent decades advising companies and governments on risk, warns of a world that is at a dangerous tipping point. This conversation is non-partisan, terrifying at times, but also hopeful. What should a new system look like?

Don't miss out on future episodes - get on the list here: https://maggielake.markets/notify-me Connect with me on Twitter: https://x.com/maggielake Connect with me on Substack: https://maggielake.substack.com

Rick Rule thinks precious metals and natural resources stocks are poised for a decade long rally, but the road higher will be full of twists and turns. Maggie Lake sat down with the CEO and Founder of Rule Investment Media, a long time gold bull, to talk about the speed and pace of the rally. He also discusses the earnings outlook for miners, the crowded trade in uranium and the trade that is so cheap, "....it's a felony."

Don't miss out on future episodes - get on the list here: https://maggielake.markets/notify-me Connect with me on Twitter: https://x.com/maggielake Connect with me on Substack: https://maggielake.substack.com

*We know you get this, but gotta say it anyway - this show is for informational purposes only and is not financial advice.

Ed Yardeni, president of Yardeni Research, sees a bright future for the US economy and stock market - though with a few rain clouds along the way. In conversation with Maggie Lake, he explains why he thinks inflation fears are overblown, how China's recession is benefiting the US, and why productivity gains are driving a new economic boom. Yardeni also discusses the return of the bond vigilantes, his concerns about fiscal policy, and why he expects the S&P 500 to hit 8,000 by 2030. So, is it actually time to be greedy when others are fearful? Recorded on October 31, 2024. Don't miss out on future episodes - get on the list here: https://maggielake.markets/notify-me Connect with me on Twitter: https://x.com/maggielake Connect with me on Substack: https://maggielake.substack.com

*We know you get this, but gotta say it anyway - this show is for informational purposes only and is not financial advice.

US non-farm payrolls came in much weaker than expected and that's not the only sign of trouble for the US economy. Maggie Lake sat down with Jeff Snider, host of The Eurodollar University, who believes the US economy is already sliding into recession. For confirmation Jeff says look no further than the short-end of the bond market which signals more rate cuts to come. Jeff also takes on the critics who say he is a permabear that has missed most of the stock rally.

Get access to Jeff's Chats Here: https://bit.ly/jeffcharts Don't miss out on future episodes - get on the list here: https://maggielake.markets/notify-me Connect with me on Twitter: https://x.com/maggielake Connect with me on Substack: https://maggielake.substack.com

"Be prepared for a populist, protectionist, America first ideologue, no matter who wins the election." Jacob Shapiro, Head of Geopolitical and Macro at The Bespoke Group, sat down with Maggie Lake on October 30th to discuss the global implications of the upcoming election. As always, Jacob has his eye trained where others aren't. Most interesting were his takes on the power vacuums a more insular US will create and the investment opportunities they present for investors.

Don't miss out on future episodes - get on the list here: https://maggielake.markets/notify-me Connect with me on Twitter: https://x.com/maggielake Connect with me on Substack: https://maggielake.substack.com
*We know you get this, but gotta say it anyway - this show is for informational purposes only and is not financial advice.

Are bond investors losing faith in the Fed? Maggie Lake sat down with Michael Kao, CEO of Akanthos Capital Management, who thinks the recent run up in bond yields is a sign investors are worried about inflation and think the Fed is making a mistake by cutting interest rates.

Michael also weighed in on the election, oil prices why investors should beware of the underappreciated risks around gold and Bitcoin.

Don't miss out on future episodes - get on the list here: https://maggielake.markets/notify-me Connect with me on Twitter: https://x.com/maggielake Connect with me on Substack: https://maggielake.substack.com
Find Michael's work: https://substack.com/@urbankaoboy

*We know you get this, but gotta say it anyway - this show is for informational purposes only and is not financial advice.

With a tightly contested US presidential election just over a week away and geopolitical tensions high investors are understandably looking for ways to protect their money, but what asset class provides that? Maggie Lake sat down with Noelle Acheson, author of the Crypto is Macro Now substack newsletter, to talk about why gold and Bitcoin may be better safe havens than bonds right now. They also look at the latest effort by BRICS countries to replace the US dollar as the world's dominant currency.

Don't miss out on future episodes - get on the list here: https://maggielake.markets/notify-me Connect with me on Substack: Connect with me on Twitter: ⁠https://x.com/maggielake https://maggielake.substack.com *We know you get this, but gotta say it anyway - this show is for informational purposes only and is not financial advice

US stocks have been selling off as investors nervously watch treasury yields march higher. What is the bond market afraid of? Maggie Lake sat down with Tommy Thornton, Founder of Hedge Fund Telemetry to discuss the volatility in bonds. Tommy thinks investors are nervous about the election, nervous about inflation and think the Fed was wrong to cut rates aggressively in September. He is worried a bond revolt could send yields higher and stocks lower. When market veterans like Tommy get nervous, we listen up.

Don't miss out on future episodes - get on the list here: https://maggielake.markets/notify-me Connect with me on Twitter: https://x.com/maggielake Connect with me on Substack: https://maggielake.substack.com We know you get this, but gotta say it anyway - this show is for informational purposes only and is not financial advice.

Maggie Lake sits down with Vincent Deluard, Director of Global Macro Strategy at StoneX Group, to discuss why liquidity issues, the California wildfires, and other factors may mean Treasury market sell-offs are the “new normal.” They also discuss the risks facing some tech companies as they try to navigate the new Trump administration and where Vincent sees the most opportunity as the MAGA agenda moves forward. Don't miss out on future episodes - get on the list here: https://maggielake.markets/notify-me Connect with me on Substack: https://maggielake.substack.com Connect with me on Twitter: https://x.com/maggielake *We know you get this, but gotta say it anyway - this show is for informational purposes only and is not financial advice.
Chapters

00:00Market Dynamics and the Trump Administration's Influence

11:33 Inflation Trends and Their Impact on Treasuries

19:30 The Future of Bond Yields and Market Liquidity

20:02 Foreign Investment and U.S. Treasury Market Dynamics

22:18 Liquidity Challenges and Market Volatility

25:35 Global Economic Comparisons: U.S. vs. U.K. and Brazil

26:59 The Role of Treasury Management in Economic Stability

28:52 Bitcoin vs. Government Bonds: A Future Perspective

30:21 Assessing Risk in Current Market Conditions

33:52 Opportunities Amidst Economic Uncertainty

David Rosenberg, Founder of Rosenberg Research, is a well known bond bull, but the upcoming US election and massive fiscal spending have him nervous. Maggie Lake sat down for this extended conversation with David who talks about what he got wrong in the last year, what he is worried about looking ahead to 2025 and why he thinks retirees are way too over-exposed to equities.

Don't miss out on future episodes - get on the list here: https://maggielake.markets/notify-me Connect with me on Twitter: https://x.com/maggielake Connect with me on Substack: https://maggielake.substack.com
*We know you get this, but gotta say it anyway - this show is for informational purposes only and is not financial advice.

You don't want to trade the election, but you might want to take out a little insurance, especially if you are counting on a Trump win. Maggie Lake sat down with Kevin Muir, author of the Macro Tourist newsletter to talk about the risks around the US election and why investors should beware group think. He also lays out his bear case for bonds, bull case for gold and some unexpected opportunities for investors who are nimble.

Don't miss out on future episodes - get on the list here: https://maggielake.markets/notify-me Connect with me on Twitter: https://x.com/maggielake Connect with me on Substack: https://maggielake.substack.com *We know you get this, but gotta say it anyway - this show is for informational purposes only and is not financial advice.

The massive amounts of energy needed to fuel the growth of artificial intelligence is about to fundamentally reshape global energy markets. Maggie Lake sits down with Doomberg, author of the widely followed energy Substack to talk about his views on oil, natural gas, geopolitical tensions, and China's supply chain dominance. Don't let the humorous green chicken avatar fool you, Doomberg lays down some seriously bold forecasts including the end of the OPEC cartel, the demise of the European Union, and Nato losing the Ukraine war. Recorded on Monday, October 14, 2024.

*Doomberg alters his audio to protect his identity

*We know you get this, but gotta say it anyway - this show is for informational purposes only and is not financial advice. Don't miss out on future episodes - get on the list here: ⁠https://maggielake.markets/notify-me

Connect with me on Substack: https://maggielake.substack.com

Find Doomberg's work: https://substack.com/@doomberg

Connect with me on Twitter: https://x.com/maggielake

US stocks notched up their sixth straight week of gains and some believe investors are starting to position for a Trump victory in the election. Maggie Lake sat down with Mish Schneider, Chief Strategist at MarketGauge.com who warned that may not be a straight forward bet. Mish gave her outlook for yields, fielded live questions on a range of different assets including gold and silver and talked about one of her favorite themes, the consumer vanity trade. She also threw in a few "dumpster dives" for anyone with some patience and a tolerance for risk.

Don't miss out on future episodes - get on the list here: https://maggielake.markets/notify-me Connect with me on Twitter: https://x.com/maggielake Connect with me on Substack: https://maggielake.substack.com *We know you get this, but gotta say it anyway - this show is for informational purposes only and is not financial advice. for more on Mish: https://marketgauge.com/

US stocks finished at record highs again, but is there danger lurking ahead? Maggie Lake sits down with community favorite Dale Pinkert, trading coach at TradeGateHub, to talk about the sustainability of this bull market. Dale taps into his years of experience and mastery of charts to look at which markets are vulnerable and which might power ahead in a time of political uncertainty. Spoiler alert, cash is looking pretty attractive medium term.

Don't miss out on future episodes - get on the list here: https://maggielake.markets/notify-me Connect with me on Twitter: https://x.com/maggielake Connect with me on Substack: https://maggielake.substack.com We know you get this, but gotta say it anyway - this show is for informational purposes only and is not financial advice. #economy #marketanalysis #talkshow #ratecuts #investing #assetallocation #gold #silver #podcast #stockmarket #bonds #investing #fed #interestrates #trading #dollar #yen #naturalgas #trading #tradingtips

Andy Constan, CEO and CIO of Damped Spring Advisors spent years honing his investment skills at some of the world's most prestigious firms (Bridgewater, Brevan Howard) so when he talks, we listen. Maggie sat down with Andy to get his take on the US economy (strong) the direction of interest rates (higher) and where he sees the best opportunities right now. He also gave some sage advice about how to think about your long term investment strategy.

*We know you get this, but gotta say it anyway - this show is for informational purposes only and is not financial advice. For more on Andy's background check out: https://dampedspring.com/ Don't miss out on future episodes - get on the list here: https://maggielake.markets/notify-me

Connect with me on Substack: https://maggielake.substack.com

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Lance Harvey and Kevin Cook both worked at the New York Stock Exchange in what many people consider its heyday - the 90s. In this episode, Maggie (who reported from the exchange early in her career) chats with them about their careers, what they learned, their mistakes, the life lessons the floor taught them, why it was the “ultimate evolutionary sink or swim,” and a lot more. If trading war stories are your thing, or Wall Street is your favorite movie, this is for you. It’s a cozy sit down with friends that’s just missing the actual fireplace. Oh, and while markets may have changed a lot since Lance and Kevin worked at the NYSE, there are plenty of timeless lessons in here for traders and investors, too. Casting call(!) If you spent time on a trading floor or know someone who did, we’d love to hear from you for future episodes of Stories from the Floor - the new show from Maggie Lake that digs into the unvarnished truth of what it’s really like to work on a trading floor. Drop us a line at maggie@maggielakemedia.com Don't miss out on future episodes - get on the list here: https://gbe08amm2tr.typeform.com/cook... Connect with me on Twitter: https://x.com/maggielake Connect with me on Substack: https://maggielake.substack.com

The gains in stocks like NVDA have been eye-watering, prompting many to ask if A-I is a bubble that is getting ready to burst. Maggie Lake put that question to Joe Zhao, Managing Partner at the tech-focused investment firm Millenia Capital whose portfolio includes Anthropic, Cohere, Groq, Lambda Labs, Open AI and Stability AI among others. His emphatic answer - No. Joe believes we are in inning 2 of the AI revolution and talks about where he sees future growth and the wave of IPOs coming our way.

Don't miss out on future episodes - get on the list here: https://maggielake.markets/notify-me Connect with me on Twitter: https://x.com/maggielake Connect with me on Substack: https://maggielake.substack.com We know you get this, but gotta say it anyway - this show is for informational purposes only and is not financial advice. #AI #tech #IPO #economy #marketanalysis #talkshow #ratecuts #investing #assetallocation #jobs #podcast #SpaceX #StabilityAI #stockmarket #talkshow

We are in a higher interest rate, higher inflation environment and everyone needs to get used to it. Jim Bianco, President of Bianco Research, pulled no punches when he sat down with Maggie Lake. He repeated his belief that the US economy is stronger than most expect and thinks companies and the labor market can handle rates that remain above 4%. In fact, maybe higher rates are exactly what's needed to clean up commerical real estate.

Don't miss out on future episodes - get on the list here: https://gbe08amm2tr.typeform.com/cook... Connect with me on Twitter: https://x.com/maggielake Connect with me on Substack: https://maggielake.substack.com00:00 We know you get this, but gotta say it anyway - this show is for informational purposes only and is not financial advice. #stockmarket #jobsreport #macro #economy #inflation #fed #marketanalysis #talkshow #bonds #ratecuts #gold #investing #assetallocation #uselection #oil #ratecuts #jobs #strike #podcast #bitcoin

The US jobs number exceeded expectations, sparking a stock rally and revisions to interest rate forecasts. But is the data giving off a false signal? Maggie Lake sat down with Harry Melandri, Advisor at MI2, who started his career at the Bank of England, to cut through the noise and look out into the future. The takeaway - bulls should beware some big risks that loom beyond US borders.

Connect with me on Twitter: https://x.com/maggielake Connect with me on Substack: https://maggielake.substack.com We know you get this, but gotta say it anyway - this show is for informational purposes only and is not financial advice. #stockmarket #jobsreport #macro #economy #inflation #fed #marketanalysis #talkshow #bonds #ratecuts #gold #investing #assetallocation #uselection #jobs

A listener once joked the Cem is from the future and that doesn't feel far off.! As always, Cem brings his unique understanding of the options and derivatives market to shed light on the short term flows impacting stocks and bonds. Maggie's also gets his take on what Trump's first 100 days might look like, where he sees risks building, and how investors can prepare for what he sees as the long term trend of higher inflation and higher rates. Warning - something will break. Don't miss out on future episodes - get on the list here: https://maggielake.markets/notify-me Connect with me on Substack: https://maggielake.substack.com Connect with me on Twitter: https://x.com/maggielake

00:00 - Introduction: Volatility and Market Insights with Cem Karsan 00:30 - Post-Election Market Trends and Liquidity Flows 03:23 - Counter-Trend Rally or Something More? 05:55 - Positioning and Sentiment in 2025 Markets 08:41 - Options and Derivatives: Their Role in Price Action 13:43 - Rising Treasury Yields and Inflation Risks 18:25 - Long-Term Interest Rates: Breaking Points Ahead? 22:27 - Populism, Fiscal Stimulus, and Inflation Trends 30:26 - Yield Curve Control: Can It Work in This Environment? 37:13 - Closing Thoughts: Navigating a Post-Election Year *We know you get this, but gotta say it anyway - this show is for informational purposes only and is not financial advice.

War in the Middle East. A port strike in the U.S. A tight presidential election. There is no shortage of headline risk facing investors this October. Maggie Lake sat down with the editor of The Morning Navigator newsletter, Tony Greer, to talk about how to trade through the volatility. They also discussed Tony's bullish outlook for commodities and his concerns about Nvidia. And yes, Tony got so excited he nearly knocked himself off air. Enjoy!

Don't miss out on future episodes - get on the list here: https://gbe08amm2tr.typeform.com/cook... Connect with me on Twitter: https://x.com/maggielake We know you get this, but gotta say it anyway - this show is for informational purposes only and is not financial advice. #stockmarket #macro #economy #inflation #fed #marketanalysis #talkshow #bonds #ratecuts #gold #investing #assetallocation #uselection #election #china #oil #housing #ratecuts #jobs #longshoreman #strike #podcast

The Federal Reserve may be cutting rates but don't look for relief in the housing market. Maggie Lake sat down with Jared Dillian, author of the Daily Dirtnap newsletter, to talk about why he believes US home prices and bond yields will continue to rise regardless of what the Fed does. He also makes the bull case for energy and emerging markets and warns against group think.

Don't miss out on future episodes - get on the list here: https://gbe08amm2tr.typeform.com/cook...

Subscribe to my substack here: https://substack.com/@maggielake?r=3p1gsx&utm_campaign=profile&utm_medium=profile-page

*We know you get this, but gotta say it anyway - this show is for informational purposes only and is not financial advice. #stockmarket #macro #economy #inflation #fed #marketanalysis #talkshow #bonds #ratecuts #gold #investing #assetallocation #uselection #election #china #oil #housing #ratecuts #jobs

Oil prices are depressed and global investors all seem bearish crude, which has Paulo Macro's thinking "either there's something terrible right around the corner, or this is one hell of an opportunity to reload on energy." In this special edition of Talking Markets, Maggie Lake talks to Paulo about the current oil set-up, why the market keeps fading geopolitical risk, the event horizon for demographics, and more - including the after-effects of Paulo's career being "forged in the crucible of bear markets." Recorded Monday, September 23. Don't miss out on future episodes - get on the list here: https://gbe08amm2tr.typeform.com/cook... We know you get this, but gotta say it anyway - this show is for informational purposes only and is not financial advice. P.S. The Substack piece Paulo mentioned, Crossing the Event Horizon on Labor, is free to read right here: https://paulomacro.substack.com/p/cro...

#oil #demographics #emergingmarkets #stockmarket #macro #economy #inflation #fed #marketanalysis #geopoliticalrisk

In the wake of the Fed pivot on rates, what investments look most attractive? Maggie Lake sits down with Vincent Deluard, Director of Global Macro Strategy at Stone X, to talk about why he is NOT overly worried about US stock valuations, IS worried about Europe and thinks China may be poised to surprise the bears. Don't miss out on future episodes - get on the list here: https://gbe08amm2tr.typeform.com/cook... We know you get this, but gotta say it anyway - this show is for informational purposes only and is not financial advice. #stockmarket #macro #economy #inflation #fed #marketanalysis #talkshow #bonds #ratecuts #gold #investing #technicalanalysis #assetallocation #uselection #france #europe #housing #ratecuts #China