Gold slipped earlier this week as President Trump delayed tariffs on the European Union and the US dollar strengthened. Is this just a short-term wobble, or the start of something more serious? Rick Rule, CEO of Rule Investment Media, joins Maggie Lake to talk about the macro risks and outlook for gold and metals. They also discuss whether Bitcoin will now compete with gold as a safe haven against currency devaluation. As mentioned in the conversation, Rick is holding a 4 day conference this July. You can get a ticket to July’s Rule Symposium here: https://registration.allintheloop.net...Disclosure: This is an affiliate link, which means we may earn a commission if you get a ticketHit 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-meConnect with me on Substack: https://maggielake.substack.comConnect with me on Twitter: https://x.com/maggielakeWe know you get this, but gotta say it anyway - this show is for informational purposes only and is not financial advice.
--------
31:02
Episode 55: Are Central Banks Losing Control of Bond Markets? With Julian Brigden.
The 10-year yield was back above 4.5% today, while the 30-year broke 5% again sending equities sharply lower. With the fate of President Trump’s “Big Beautiful Bill" going down to the wire, bond investors are voting with their feet. Julian Brigden, co-founder of MI2 Partners and creator of MacroCapture, joins Maggie Lake today to share his take on the budget, bonds, and whether he still thinks US exceptionalism is over. Also up for discussion: whether more pain is in store for equities, what we can expect from the summer. Spoiler alert: Julian believes the markets are extremely fragile. Are there opportunities? Yes, but also lots of risk. Follow MI2 on Substack here: https://mi2partners.substack.com/Don't miss out on future episodes - get on the list here: https://maggielake.markets/notify-meConnect with me on Twitter: https://x.com/maggielakeConnect with me on Substack: https://maggielake.substack.comWe know you get this, but gotta say it anyway - this show is for informational purposes only and is not financial advice.
--------
51:56
Episode 54: Is it Time To Sell America? With Jeremy Schwartz.
Stocks dipped and yields climbed today after Moody’s downgraded the US sovereign credit rating on Friday, and President Trump's tax and spending bill (which would increase projected budget deficits by nearly $3 trillion through 2034) passed a key hurdle last night. Jeremy Schwartz, Global CIO at WisdomTree, joins Maggie Lake on Talking Markets to talk about whether the US is at risk of its own Liz Truss moment and why the global rotation may just be getting started. Quick announcement: Maggie is catching up with the wonderful Juliette Declercq at the Mauldin Economics 2025 SIC Conference today. You can still grab a ticket for what is an amazing line-up here: https://www.mauldineconomics.com/go/J...Disclosure: This is an affiliate link, which means we may earn a commission if you get a ticketDon't miss out on future episodes - get on the list here: https://maggielake.markets/notify-meConnect with me on Twitter: https://x.com/maggielakeConnect with me on Substack: https://maggielake.substack.comWe know you get this, but gotta say it anyway - this show is for informational purposes only and is not financial advice.
--------
36:51
Episode 53: Is The Market Mispricing Risk Again? With Nancy Davis.
The bond market isn’t behaving the way it used to, and investors can no longer rely on old correlations to hold, according to Nancy Davis, founder of Quadratic Capital and portfolio manager of IVOL and BNDD. The former Head of Credit, Derivatives, and OTC Trading at Goldman Sachs joins Maggie Lake on Talking Markets to explain why this shift is happening, discussing ballooning US deficits, potential tariff negotiation fallout, and the potential for foreign buyers to pull back further from Treasuries. Nancy also lays out why the current environment makes this the most compelling time for IVOL’s asymmetric curve steepener strategy since 2019.For more on IVOL: https://www.ivoletf.com/Don't miss out on future episodes - get on the list here: https://maggielake.markets/notify-meConnect with me on Twitter: https://x.com/maggielakeConnect with me on Substack: https://maggielake.substack.comWe know you get this, but gotta say it anyway - this show is for informational purposes only and is not financial advice.
--------
35:55
Episode 52: What's Bugging the Bond Market? With Noelle Acheson
CPI came in soft, stocks cheered… but Treasury yields rose. What’s really going on? Noelle Acheson, author of Crypto Is Macro Now, joins Maggie Lake to unpack why the inflation data may be misleading, why the bond market isn’t buying the narrative, and what the tariff pause could actually mean for markets. She also breaks down what Coinbase entering the S&P 500 signals, why ETH is outperforming suddenly, and why the dollar’s slide could fuel the next leg for crypto and risk assets.For more from Noelle: https://www.cryptoismacro.com/Quick announcement: Maggie is catching up with the wonderful Juliette Declercq at the Mauldin Economics 2025 SIC Conference later this month. You can grab a ticket for what is an amazing line-up here: https://www.mauldineconomics.com/go/J...Disclosure: This is an affiliate link, which means we may earn a commission if you get a ticketDon't miss out on future episodes - get on the list here: https://maggielake.markets/notify-meConnect with me on Substack: https://maggielake.substack.comConnect 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.Chapter:00:00 - Introduction with Noelle Acheson 03:10 - Why the U.S. Dollar Is the Biggest Warning Sign05:10 - When Does the 10-Year Yield Kill the Rally?07:20 - Where Does This Leave the Fed? Policy Traps Ahead10:20 - How Current Market Conditions Are Impacting Crypto14:05 - Digital Assets and Regulation in Washington18:40 - Building Sophisticated Crypto Markets: Institutions, Tokenization & Education21:30 - Gold on the Blockchain: Real or Hype?24:20 - What’s Wrong with European Assets Right Now?30:30 - Uncovering New Opportunities “In the Box”
Maggie Lake breaks down all the daily market action with the best minds in finance. Join us after the US market close each day for smart conversation that will help you understand this complex investing landscape and build wealth without losing your sanity. If you want knowledge, civility, karaoke and the occasional cocktail recommendation, you've come to the right place.
Ireland