Bits + Bips: Trump Has Spread Uncertainty Across All Markets. What’s Next? - Ep. 798
The markets are a bloodbath.
If you’re feeling lost in the markets right now, you’re not alone. Stocks are getting crushed, bonds are sliding, and crypto isn’t escaping the carnage. The question is: why is everything selling off—and where does it go from here?
One thing is clear: the next market move is extremely hard to predict. Between Trump’s economic policies, inflation worries, and DOGE’s cuts, there’s a storm of conflicting signals.
So, is this pain temporary? Or are we looking at a long trend downward?
Sponsors:Hosts:- James Seyffart, Research Analyst at Bloomberg Intelligence
- Alex Kruger, Founder of Asgard
- Ram Ahluwalia, CFA, CEO and Founder of Lumida
Guest:
- Travis Kling, CIO of Ikigai Asset Management
Recession?
Inflation
DXY
Powell’s comments:
- CNN: Fed Chair Powell says he’s not worried about the economy amid Trump’s tariff chaos
- FT: Federal Reserve chief Jay Powell plays down growth worries after jobs report disappoints
Bonds:
- Bloomberg: The Bond Market’s Trump Trade Is Looking Like a Recession Trade
- CNBC: 10-year Treasury yield rises after weaker-than-expected jobs growth
- Bond yields in Europe and elsewhere are rising
Tariffs:
Japan and the carry trade:
- Japan's 20-Year Government Bond Yield rises to its highest level since 2008.
- Jeff Park tweeted “Bitcoin is Japan’s game now whether you like it or not” - thoughts?
- FT: Japan seeks tariff reprieve after Donald Trump questions long-standing defence pact
China’s deflation:
Ukraine War talks:
Timestamps:
- 👋 0:00 Intro
- 📉 3:05 What’s behind this brutal market selloff
- 🤔 7:26 Why making a market prediction right now is nearly impossible
- 🇺🇸 13:41 How Trump’s economic moves drive uncertainty
- ⚠️ 19:37 Is the Trump administration intentionally triggering a recession?
- 💰 20:30 The real impact of “austerity” on the economy
- 📉 22:59 What must happen before the market bottoms out
- 🔥 26:52 Where inflation might head next
- 📊 36:21 What the VIX is saying about the market
- 📉 39:00 How markets will react to today’s CPI numbers
- 🚀 43:40 When might Trump push for tax cuts?
- 🏦 49:19 Will ETF buyers create a bitcoin floor?
- 💴 55:12 What a declining Japanese yen reveals about demand for risky assets
- ₿ 1:00:35 Why BTC is the furthest that it has ever been from altcoins
- 🛍️ 1:11:00 What new groups might step in and buy bitcoin?📉
- 🤦♂️ 1:20:25 Whether the Trump administration “fucked up” the economy
Learn more about your ad choices. Visit megaphone.fm/adchoices
More description
The markets are a bloodbath.
If you’re feeling lost in the markets right now, you’re not alone. Stocks are getting crushed, bonds are sliding, and crypto isn’t escaping the carnage. The question is: why is everything selling off—and where does it go from here?
One thing is clear: the next market move is extremely hard to predict. Between Trump’s economic policies, inflation worries, and DOGE’s cuts, there’s a storm of conflicting signals.
So, is this pain temporary? Or are we looking at a long trend downward?
Sponsors:Hosts:- James Seyffart, Research Analyst at Bloomberg Intelligence
- Alex Kruger, Founder of Asgard
- Ram Ahluwalia, CFA, CEO and Founder of Lumida
Guest:
- Travis Kling, CIO of Ikigai Asset Management
Recession?
Inflation
DXY
Powell’s comments:
- CNN: Fed Chair Powell says he’s not worried about the economy amid Trump’s tariff chaos
- FT: Federal Reserve chief Jay Powell plays down growth worries after jobs report disappoints
Bonds:
- Bloomberg: The Bond Market’s Trump Trade Is Looking Like a Recession Trade
- CNBC: 10-year Treasury yield rises after weaker-than-expected jobs growth
- Bond yields in Europe and elsewhere are rising
Tariffs:
Japan and the carry trade:
- Japan's 20-Year Government Bond Yield rises to its highest level since 2008.
- Jeff Park tweeted “Bitcoin is Japan’s game now whether you like it or not” - thoughts?
- FT: Japan seeks tariff reprieve after Donald Trump questions long-standing defence pact
China’s deflation:
Ukraine War talks:
Timestamps:
- 👋 0:00 Intro
- 📉 3:05 What’s behind this brutal market selloff
- 🤔 7:26 Why making a market prediction right now is nearly impossible
- 🇺🇸 13:41 How Trump’s economic moves drive uncertainty
- ⚠️ 19:37 Is the Trump administration intentionally triggering a recession?
- 💰 20:30 The real impact of “austerity” on the economy
- 📉 22:59 What must happen before the market bottoms out
- 🔥 26:52 Where inflation might head next
- 📊 36:21 What the VIX is saying about the market
- 📉 39:00 How markets will react to today’s CPI numbers
- 🚀 43:40 When might Trump push for tax cuts?
- 🏦 49:19 Will ETF buyers create a bitcoin floor?
- 💴 55:12 What a declining Japanese yen reveals about demand for risky assets
- ₿ 1:00:35 Why BTC is the furthest that it has ever been from altcoins
- 🛍️ 1:11:00 What new groups might step in and buy bitcoin?📉
- 🤦♂️ 1:20:25 Whether the Trump administration “fucked up” the economy
Learn more about your ad choices. Visit megaphone.fm/adchoices
Listen elsewhere
Available Results
Generated results are saved to your library for reuse and search.