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?<h3>Sponsors:</h3><ul><li><a href="https://bitwiseinvestments.com/">Bitwise</a></li></ul><h3>Hosts:</h3><ul>
<li>
<a href="https://twitter.com/JSeyff">James Seyffart</a>, Research Analyst at Bloomberg Intelligence</li>
<li>
<a href="http://x.com/krugermacro">Alex Kruger</a>, Founder of Asgard</li>
<li>
<a href="https://x.com/ramahluwalia">Ram Ahluwalia</a>, CFA, CEO and Founder of Lumida</li>
</ul>Guest:<ul><li>
<a href="https://x.com/Travis_Kling">Travis Kling</a>, CIO of Ikigai Asset Management</li></ul><h3>Links</h3>Recession? <ul><li>Bloomberg: <a href="https://www.bloomberg.com/news/articles/2025-03-09/trump-says-us-economy-faces-transition-avoids-recession-call?srnd=phx-economics-v2">Trump Says US Economy Faces ‘Transition,’ Avoids Recession Call</a>
</li></ul>Inflation<ul><li>Bloomberg: <a href="https://www.bloomberg.com/news/articles/2025-03-08/inflation-linked-bonds-rebound-on-trump-tariffs-credit-weekly?srnd=phx-economics-trade&sref=m9L277rN">Inflation-Linked Bonds Rebound on Trump Tariffs: Credit Weekly</a>
</li></ul>DXY<ul><li>FX Empire: <a href="https://www.fxempire.com/forecasts/article/us-dollar-forecast-dxy-sinks-as-weak-jobs-data-fuels-rate-cut-bets-eur-usd-surges-1502792">US Dollar Forecast: DXY Sinks as Weak Jobs Data Fuels Rate Cut Bets, EUR/USD Surges</a>
</li></ul>Powell’s comments:<ul>
<li>CNN: <a href="https://www.cnn.com/2025/03/07/economy/fed-chair-powell-trump-economy/index.html">Fed Chair Powell says he’s not worried about the economy amid Trump’s tariff chaos </a>
</li>
<li>FT: <a href="https://www.ft.com/content/a2e9eee6-e52d-4d3f-8984-fda8e935cd11">Federal Reserve chief Jay Powell plays down growth worries after jobs report disappoints</a>
</li>
</ul>Bonds:<ul>
<li>Bloomberg: <a href="https://www.bloomberg.com/news/articles/2025-03-09/the-bond-market-s-trump-trade-is-looking-like-a-recession-trade?srnd=phx-economics-trade">The Bond Market’s Trump Trade Is Looking Like a Recession Trade</a>
</li>
<li>CNBC: <a href="https://www.cnbc.com/2025/03/07/us-treasury-yields-investors-await-key-jobs-report-.html">10-year Treasury yield rises after weaker-than-expected jobs growth</a>
</li>
<li>Bond yields in Europe and elsewhere are <a href="https://na01.safelinks.protection.outlook.com/?url=http%3A%2F%2Furl1136.coinbureau.com%2Fls%2Fclick%3Fupn%3Du001.yieePET3nDdDm3l-2BrQI0DsDabw2fhG7o1fognbCJEf-2B-2BBSMI5slmS5JSFuJRNbVbdBWvj7PWrrqS-2BvEAQDJtfknNSvti5nKx4mHdhKydULv2i30cxB4cThOFvJMA-2FAZiCWBa5RdQOQYUZ8ynGrTVcw-3D-3DCUD4_u05Qnu-2FoHxPdoIrXNiQYmDw18pellocQZfVriHunFYb-2Fbi95upsUBCsmlrJBZTakRs22A3uVjHDZntKY-2BrL3-2Fxnynb1pKYhTVl-2F5WmeYq4UaFV1samslEkZfXU-2F4hhaiypfcynQB23Qcs38p7I5ZMxqTocr2CFrAVAlJqFduIQqi1IDheU6WJIpYYFCNXP64b-2Bm9yYM9NmtPzgzEHz90HDKZ5JwEuFY-2B6HRUCR4oSNM5p78phg7FNwo2CzYhebv54oL4fNVW3pe-2B76DO02olsVHBceRsUglpEfXhgsR30LeHg-2BJM0x9GSloijzuH552qjdvQobeab6SHDKHTCqwD8FdBVQkrGFvbSBIV6QvTFopizBRnVUMBl0e5e5iWYWpssQX1Iko4l8wo9ho3hFifgNZyPrA5-2BIGW7cM3wPfAz-2FMnZ-2FraAIV7-2Bjs97UAO6FMaC13oNCtRcbSsozDax74nvv-2F8rjrNeC3ubDX-2FpccFPcnG9agNZbaTLrOFunx-2B01x29tfmEtzcayyl6O3dOEv9BSeCxggQDNPTl0WPXsedbX-2BFTET4MDuz4QW2THM9dDpafHJWGlfS-2BQnwTqJAnGfvSL9A5lBosmuBYLbz0DTgBM52JbDFVaUl9g-2FcdLIzleCICDpG9w1Mt51b0IgRlDYJoNXIMZdX-2BkyrCJcGXEcdZ2MmiFPNLTBuIw7QLhu23ogK-2BBQtdXPKORDFT2I-2Fj5QV7IMNZneDxRQgmcRhOly-2FYJZg4fknZhy1Qzg-2Fip6fsI332vxC4N6DnTYdAZboZRhD-2FQE2fHXTWlbtcQGZ9oKA-2BhMX8Ie3X5EYfDwtgkH9pAFMp7jmLB4tWYv1Cjr1rJkt69LtpfRJ3Ry1QH82wV8KwbCEMmBMQ26-2F-2FsG2kW7XKujYIcKnesMlzxXG37ywXUhy3FVhC5Oz-2BHljP3OBbFEiNzb9ePXGolluqbBac09g-2FxD-2FWC5aI2-2Bf6BW2pIsbZ80VIS-2B2kZBG-2F8ljVhkJmnn3YI-2BmyxX9VRomAXWsCdADm4OWCILq4kzQ7mv9E0KItv7mjL4ZjktT2WbfLNZIXJlnKcI-3D&data=05%7C02%7C%7C2dcb3fa9ead049d4a3bb08dd5f08d008%7C84df9e7fe9f640afb435aaaaaaaaaaaa%7C1%7C0%7C638771213639744086%7CUnknown%7CTWFpbGZsb3d8eyJFbXB0eU1hcGkiOnRydWUsIlYiOiIwLjAuMDAwMCIsIlAiOiJXaW4zMiIsIkFOIjoiTWFpbCIsIldUIjoyfQ%3D%3D%7C0%7C%7C%7C&sdata=0iTYMjqAyD91CUXMUszGpAMoETTgXlJRWD88HMzsAso%3D&reserved=0">rising </a>
</li>
</ul>Tariffs:<ul><li>Bloomberg: <a href="https://www.bloomberg.com/news/articles/2025-03-09/lutnick-says-trump-sticking-to-us-aluminum-steel-tariff-timeline?srnd=phx-economics-trade">Lutnick Says Trump Sticking to US Aluminum-Steel Tariff Timeline </a>
</li></ul>Japan and the carry trade:<ul>
<li>Japan's 20-Year Government Bond Yield <a href="https://x.com/kobeissiletter/status/1898923003326468567?s=46&t=jalJsCZZQAGOJ3L-bvfu9">rises</a> to its highest level since 2008. </li>
<li>Jeff Park <a href="https://x.com/dgt10011/status/1898929890113532101">tweeted</a> “Bitcoin is Japan’s game now whether you like it or not” - thoughts?</li>
<li>FT: <a href="https://www.ft.com/content/cc44d549-8c7d-4dbd-9eb7-3afce77210ea">Japan seeks tariff reprieve after Donald Trump questions long-standing defence pact</a>
</li>
</ul>China’s deflation: <ul><li>Bloomberg: <a href="https://www.bloomberg.com/news/articles/2025-03-09/china-consumer-inflation-drops-below-zero-for-first-time-in-year?srnd=phx-economics-v2">China’s Inflation Declines Below Zero for First Time in Year</a>
</li></ul>Ukraine War talks: <ul><li>FT: <a href="https://www.ft.com/content/842692b9-ffa3-422d-9343-0d7cd0b2392d">Ukraine seeks to persuade US to resume aid in high-stakes talks</a>
</li></ul>Timestamps:<ul>
<li>👋 0:00 Intro</li>
<li>📉 3:05 What’s behind this brutal market selloff</li>
<li>🤔 7:26 Why making a market prediction right now is nearly impossible</li>
<li>🇺🇸 13:41 How Trump’s economic moves drive uncertainty</li>
<li>⚠️ 19:37 Is the Trump administration intentionally triggering a recession?</li>
<li>💰 20:30 The real impact of “austerity” on the economy</li>
<li>📉 22:59 What must happen before the market bottoms out</li>
<li>🔥 26:52 Where inflation might head next</li>
<li>📊 36:21 What the VIX is saying about the market</li>
<li>📉 39:00 How markets will react to today’s CPI numbers</li>
<li>🚀 43:40 When might Trump push for tax cuts?</li>
<li>🏦 49:19 Will ETF buyers create a bitcoin floor?</li>
<li>💴 55:12 What a declining Japanese yen reveals about demand for risky assets</li>
<li>₿ 1:00:35 Why BTC is the furthest that it has ever been from altcoins</li>
<li>🛍️ 1:11:00 What new groups might step in and buy bitcoin?📉</li>
<li>🤦‍♂️ 1:20:25 Whether the Trump administration “fucked up” the economy</li>
</ul> Learn more about your ad choices. Visit <a href="https://megaphone.fm/adchoices">megaphone.fm/adchoices</a>

Podurama

Home

Trending

Personal

Your Podcasts

New Episodes

My Files

Favourite Episodes

Tags (Folders)

Recently Played

Bookmarks

Followed Playlists

Bits + Bips: Trump Has Spread Uncertainty Across All Markets. What’s Next? - Ep. 798

Unchained

AI Chapters

AI Insights

Reviews