RiskReversal Pod Dan Greenhaus: Make Hay While The Sun Shines
Jul 25, 2025
Dan Greenhaus, a strategist at Solus Alternative Asset Management, shares his insights on current market trends, focusing on the recent S&P 500 rally. He expresses skepticism about tariffs' real impact and discusses inflation, interest rates, and the challenges posed by a weakening dollar. The complexities of consumer spending and the housing market take center stage, while Greenhaus also highlights AI's potential to transform markets. The conversation wraps up with reflections on stock trajectories and the economic hurdles ahead.
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Skepticism About Tariff Impact
- Dan Greenhaus doubted the severe tariff impact initially projected by politicians.
- He believed the market overreacted given the complexity and delayed effects of tariffs.
Dollar Strength and Inflation
- The dollar remains historically strong despite recent declines.
- A weaker dollar is inflationary, but current changes aren't destabilizing yet.
Market Resilience to Trade Tensions
- Markets currently assume trade tensions will be manageable or postponed.
- Credit markets reflect tight spreads, indicating limited fear of immediate downturns.
