In this episode, Bob Elliott joins the show to discuss the reversal of U.S Dollar capital flows after the announcement of Trump's tariffs. We deep dive into the U.S balance of payments problem, the changing economic order, why the U.S Dollar continues to get sold & how to structure a portfolio in this environment. Enjoy!
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Learn more about how Ondo is bringing capital markets onchain at https://ondo.finance/
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Timestamps:
(00:00) Introduction
(01:41) The Changing U.S Economic Order
(07:56) The Reversal Of U.S Dollar Capital Flows
(12:38) Ads (Ondo, Ledger)
(13:47) Why Did The U.S Outperform Pre-2025?
(18:05) Trump Tariffs = A Weaker Dollar, Assets & Growth
(23:45) Is The U.S In A Balance Of Payments Crisis?
(28:41) What Is The Bond Market Signaling?
(32:28) Ads (Ondo, Ledger)
(33:44) The End Of U.S Exceptionalism
(41:10) A New Regime For Markets?
(43:35) The U.S Economic Supply Shock
(47:03) Structuring Alpha vs Beta Portfolios
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Disclaimer: Nothing discussed on Forward Guidance should be considered as investment advice. Please always do your own research & speak to a financial advisor before thinking about, thinking about putting your money into these crazy markets.
