The Pomp Podcast #1526 Darius Dale | Trump Tariffs Will Destroy The Economy?!
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Apr 9, 2025 
Darius Dale, founder and CEO of 42Macro, dives into the tug-of-war between Wall Street and Main Street over tariffs and their economic implications. He shares personal stories from factory visits, shedding light on worker resilience. The discussion also highlights the disconnect between asset prices and inflation driven by the Federal Reserve. Dale critiques the current economic model and advocates for a more equitable approach, emphasizing the need to prioritize workers’ well-being amidst volatile markets.
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Two Sides of Tariffs
- Wall Street hates tariffs because they disrupt globalization, which benefited them.
- Main Street, particularly manufacturing, likes tariffs, hoping for a level playing field.
Market Volatility
- Markets are experiencing increased volatility due to competing forces in a "fourth turning" regime.
- This volatility drag can significantly impact long-term portfolio growth, even with high average returns.
Navigating Volatility
- Be mindful of volatility drag when investing in volatile assets like Bitcoin.
- Prioritize a smoother path to wealth building over chasing high but inconsistent returns.