With China and the US drastically cutting reciprocal tariffs, is the worst of the trade war over? Rupert Mitchell, A.K.A. The Blind Squirrel on Substack, thinks so: "The administration clearly cares more about stocks than they were pretending," he said this morning. Rupert joins Maggie Lake on Talking Markets today to discuss the likely effects of the US/China trade detente, what might be the cause of the next bond riot, and the Squirrel's take on private equity, energy, commodities, and driverless cars. For more from Rupert, you can join Blind Squirrel Macro here: https://www.blindsquirrelmacro.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/maggielakeChapters00:00 - Introduction with Rupert Mitchell AKA The Blind Squirrel01:30 - U.S./China Trade Talks and the Current Economic Environment05:00 - Bond Market Concerns: Can Stocks Keep Rallying?07:00 - The Fiscal Situation and Market Risk07:55 - U.S./China Trade Talks: Market Implications09:55 - Powell’s Got a Tough Job Ahead13:00 - The Great Asset Rotation: What If Stocks Rip Higher?16:45 - How Global Capital Is Repositioning18:00 - Best Investment Opportunities Outside the U.S.20:50 - How to Approach Tech in Today’s Market25:10 - Canadian Oil Pipelines: A Strategic Play?28:40 - The Future of Robo Taxis and Autonomous Transport35:20 - What’s the Pain Threshold on Treasuries?*We know you get this, but gotta say it anyway - this show is for informational purposes only and is not financial advice.
