Markets didn't like the slowdown in the February ISM manufacturing index (to 50.3 from 50.9 in January) today, while a surprising increase in the Price Index for manufacturers raised the specter of stagflation. Meanwhile, President Trump's announcement of a strategic crypto reserve, the tariffs that are (so far) meant to begin Tuesday, and ongoing geopolitical heat are all impacting markets. Whew. Joining Maggie Lake today to discuss all of this is Hedge Fund Telemetry founder Tom Thornton, who will also be sharing his views on Mag 7, the bond market, and his China plays. Drop your questions for Tommy in the live chat...! More from Hedge Fund Telemetry here: https://www.hedgefundtelemetry.com/Don't miss out on future episodes - get on the list here: https://maggielake.markets/notify-meConnect with me on Twitter: https://x.com/maggielakeConnect with me on Substack: https://maggielake.substack.com