Alec Phillips, Goldman Sachs' chief political economist, teams up with Kamakshya Trivedi, head of Global Foreign Exchange and Emerging Markets Strategy, to dissect the current tariff landscape. They explore whether we're on the brink of a global trade war and its implications for markets and economies. The duo discusses how rapidly implemented tariffs could affect inflation, economic growth, and investor strategies. They also shed light on the interconnectedness of trade policies, and the uncertainty surrounding future negotiations. Brace for insights that matter!

Kamakshya Trivedi, head of Global Foreign Exchange Strategy at Goldman Sachs, and Praneet Shah, co-head of Global G10 FX Options Trading, dive into the recent unwinding of the Japanese yen carry trade. They explain its history, complexities, and how a crowded trade can impact global markets. The duo discusses risk management challenges and macroeconomic dynamics, emphasizing the interconnectedness of markets. Their insights into how economic conditions shape investment strategies provide a fascinating look at the potential future implications for investors.

What’s behind the volatility in the currency markets—and how much higher can the dollar go? In the latest episode of Exchanges at Goldman Sachs, Kamakshya Trivedi, Head of Global Foreign Exchange, Interest Rates and Emerging Markets Strategy, discusses what a surging US dollar and falling currencies across markets from the UK and Japan to China and Europe mean for global growth. Learn more about your ad choices. Visit megaphone.fm/adchoices

Emily Roland, Co-Chief Investment Strategist at John Hancock, emphasizes staying invested but warns against overvaluation risks amidst global rate cuts. Kamakshya Trivedi from Goldman Sachs discusses the dollar's limits in depreciation and the dynamics of the foreign exchange market. Meanwhile, Lord John Browne, former CEO of BP, examines the future of the energy sector as the Three Mile Island nuclear plant reopens, highlighting the intersection of AI, energy demands, and climate solutions.

Exploring the shift from inflation fears to growth shocks as a market driver, with insights on market sensitivity to data and core inflation expectations. Discussion includes strategies for navigating the transition phase, the impact of upcoming US labor market reports, and the influence of global market trends on investor portfolios.