Maggie Lake Talking Markets

Spectra Markets President Brent Donnelly says we have sticky inflation, "which is not mission accomplished, at all." So, will sticky inflation throw a wrench in the Fed's plans? And with a total of 6 central banks meeting next week, are we in for a monetary regime change? Maggie Lake sits down with Brent to discuss these questions, as well as Brent's outlook on the dollar, euro, and yen, whether the market is too complacent about volatility, and more. It's the final Talking Markets Friday of 2024... enjoy. You can find more of Brent's work here: https://www.spectramarkets.com/ Don't miss out on future episodes - get on the list here: https://maggielake.markets/notify-me Connect with me on Substack: https://maggielake.substack.com Connect with me on Twitter: https://x.com/maggielake *We know you get this, but gotta say it anyway - this show is for informational purposes only and is not financial advice.

An as-expected inflation reading powered another strong advance for US stocks, but is this year end rally looking tired? Maggie Lake sits down with Rupert Mitchell, author of the Blind Squirrel Macro substack, who warns the US equity bull run is starting to look overextended. From his perch in Australia, Rupert talks about the international opportunities he thinks will outperform, the outlook for the US dollar and the trade China bears may be sleepwalking past. You can more of Rupert's work here: https://substack.com/@blindsquirrelmacro Don't miss out on future episodes - get on the list here: https://maggielake.markets/notify-me Connect with me on Substack: https://maggielake.substack.com Connect with me on Twitter: https://x.com/maggielake *We know you get this, but gotta say it anyway - this show is for informational purposes only and is not financial advice

Nine major central banks are meeting this week to decide monetary policy. Maggie Lake sits down with Weston Nakamura, author of Across the Spread substack, to discuss the outlook for the dollar and whether the Bank of Japan will buck the global trend and tighten. They'll also talk about why investors may be underestimating a powerful bid to US markets - Asian investors fleeing domestic troubles. Follow more of Weston's work here: https://substack.com/@acrossthespread Don't miss out on future episodes - get on the list here: https://maggielake.markets/notify-me Connect with me on Twitter: https://x.com/maggielake Connect with me on Substack: https://maggielake.substack.com *We know you get this, but gotta say it anyway - this show is for informational purposes only and is not financial advice.

Could the US be in for a turbulent 2025 before the dawn of a bright future? JDI Research founder Juliette Declercq thinks so - and she sat down with Maggie Lake for a special deep-dive interview on her 2025 outlook and beyond. They discuss the factors driving what Juliette calls a “capitalism malaise,” including a shrinking workforce, stagnant wages, and the risks of excessive government debt. Juliette also analyzes the potential impact of Trump's economic policies, such as immigration reform and tariffs, saying they could lead to a “macro revolution” with both opportunities and significant disruption. Also discussed: the role of technology and AI, the future of the US economy, and the all-important E-Factor: Elon Musk’s role in the new administration. Recorded on December 3, 2024. Don't miss out on future episodes - get on the list here: https://maggielake.markets/notify-me Connect with me on Twitter: https://x.com/maggielake Connect with me on Substack: https://maggielake.substack.com

The moderate pace of hiring in November is keeping hopes alive for another rate cut from the Fed, but is the US central bank on a collision course with the new Trump administration? Maggie Lake sits down with Harry Melandri, senior advisor to Arque Advisors and author of the upcoming Substack Respice Finem, to discuss the challenges facing chairman Jay Powell. Harry talks about what the proposed tariffs will mean for inflation and the rest of the world and where he sees opportunity. Don't miss out on future episodes - get on the list here: https://maggielake.markets/notify-me Connect with me on Twitter: https://x.com/maggielake Connect with me on Substack: https://maggielake.substack.com

The labor market is showing some signs of softening but stocks continue to charge higher. Is the bull rally getting over-extended? Maggie Lake sat down with Peter Boockvar to talk about the two-lane highway that is the US economy and the dilemma facing the Federal Reserve. Peter also talks about the underappreciated risk around Trump tariff policies and why looking for value in this market requires an active approach. Recorded the morning of December 4. Don't miss out on future episodes - get on the list here: https://maggielake.markets/notify-me Connect with me on Twitter: https://x.com/maggielake Connect with me on Substack: https://maggielake.substack.com To get more from Peter, join him over on Substack at: ⁠https://peterboockvar.substack.com/⁠

Can US stocks continue to power higher into the close of the year? Maggie Lake sits down with Warren Pies, co-founder and strategist at 3Fourteen Research, who breaks down the seasonal effects and chase dynamic driving equity flows. Warren also dives deep into the housing market and explains why this economic "source of truth" may be flashing warning signs for 2025. Don't miss out on future episodes - get on the list here: https://maggielake.markets/notify-me Connect with me on Twitter: https://x.com/maggielake Connect with me on Substack: https://maggielake.substack.com *We know you get this, but gotta say it anyway - this show is for informational purposes only and is not financial advice.

Investors approve of President Trump's pick for US Treasury Secretary, but what will economic policy look like under Scott Bessent if he gets confirmed? Maggie Lake sits down with Jared Dillian, author of The Daily Dirtnap and founder of Jared Dillian Money, who thinks US intervention to drive the dollar lower is a real possibility. Jared also talks about his outlook for bonds, how to hedge for a stock correction and why midcaps might be the market sweet spot. Don't miss out on future episodes - get on the list here: https://maggielake.markets/notify-me Connect with me on Twitter: https://x.com/maggielake Connect with me on Substack: https://maggielake.substack.com

US stocks, the dollar and bitcoin are all ripping higher. Maggie Lake sits down with Dale Pinkert, Trading Coach at TradeGateHub, to talk about how much further this risk-on rally can run and the key levels to watch to see if sentiment is turning. Spoiler alert - Dale is a little concerned that, "everyone is in the pool". Don't miss out on future episodes - get on the list here: https://maggielake.markets/notify-me Connect with me on Substack: https://maggielake.substack.com Connect with me on Twitter: ⁠https://x.com/maggielake *We know you get this, but gotta say it anyway - this show is for informational purposes only and is not financial advice

Risk appetite is riding high, but could macro developments derail animal spirits? Maggie Lake sits down with the ever thoughtful Noelle Acheson, author of the Crypto is Macro Now substack, to look at the risks around stretched US equity valuations and the strong dollar. Noelle also looks at whether the crypto rally has room to run and what the introduction of BTC ETF options means for this nascent asset class. Don't miss out on future episodes - get on the list here: ⁠https://maggielake.markets/notify-me Connect with me on Substack: ⁠https://maggielake.substack.com⁠ Connect with Noelle on Substack: https://www.cryptoismacro.com/ Connect with me on Twitter: https://x.com/maggielake *We know you get this, but gotta say it anyway - this show is for informational purposes only and is not financial advice.