"We're going to see a dramatic reduction in tariff rates on China," Peter Boockvar wrote May 5 in the Boock Report. The CIO of Bleakley Financial Group joins Maggie Lake on Talking Markets to discuss the future of tariffs on China, international stock outperformance, and the Fed's interest rate announcement later this week. Also up for discussion: a bond crisis, Peter's outlook for inflation, and where he sees opportunities. To get more from Peter, join him over on Substack at: https://peterboockvar.substack.com/ Looking to up your gold and silver holdings? Consider Hard Assets Alliance, a trusted platform holding over $3b in assets: https://leads-inst549-client.phonexa....Disclosure: This is an affiliate link, which means we may earn a commission if you click through and open an account 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*We know you get this, but gotta say it anyway - this show is for informational purposes only and is not financial advice.Chapters: 00:00 – Introduction with Peter Boockvar02:40 – ISM, Jobs, and US Economic Data04:30 – Trump's Trade War with China08:20 – Are We Too Negative That Businesses Can’t Adjust?11:50 – “Sell the News” Environment?15:05 – The US Dollar19:00 – Could This Escalate From Trade War to Capital War?22:10 – Does China Need a Deal to Happen?25:00 – 10-Year Bonds to 5%?27:40 – Outlook on Magnificent 7 CapEx Spending31:20 – Where Do You See Opportunity?33:10 – Commodities: Physical or Equities?34:55 – Outlook on Europe

Stocks rallied today after a better-than-expected jobs report, with 177,000 new positions added despite ongoing tariff uncertainty. Treasury yields are climbing, and the Fed is likely to stay patient—so what does it all mean for markets? TradeGateHub coach Dale Pinkert joins Maggie Lake to break down today’s moves in SPX, gold, silver, and bond markets. With Apple sliding despite strong earnings, Dale revisits his bearish price call on Talking Markets in March, and shares his outlook on NVIDIA, silver miners, and more.You can join TradeGateHub here: https://tradegatehub.com/ Looking to up your gold and silver holdings? Consider Hard Assets Alliance, a trusted platform holding over $3b in assets: https://leads-inst549-client.phonexa....Disclosure: This is an affiliate link, which means we may earn a commission if you click through and open an account Don't miss out on future episodes - get on the list here: https://maggielake.markets/notify-meConnect with me on Substack: https://maggielake.substack.comConnect 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.

US GDP growth slowed sharply in Q1, marking the biggest drop since early 2022—and markets are feeling it. Stocks are under pressure ahead of key earnings from Microsoft and Meta after close today, while President Trump marks his 100th day back in office. Thomas Thornton, founder of Hedge Fund Telemetry, joins Maggie Lake to break down what the GDP miss means for markets, how investors should be thinking about Big Tech earnings, what he's focused on right now, and where he sees opportunity in the volatility. For more from Hedge Fund Telemetry, right this way: https://www.hedgefundtelemetry.com/Don't miss out on future episodes - get on the list here: https://maggielake.markets/notify-meConnect with me on Substack: https://maggielake.substack.comConnect 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.Chapters:00:00 - Introduction with Tom Thornton00:45 - Tom’s Take on Today’s Market Action03:00 - Earnings Season: Key Expectations and Surprises06:10 - Bearish Sentiment in a Market with Upside Potential?11:30 - Should Powell Cut Rates to Appease Political Pressure?13:25 - What Risks Are on Tom’s Radar Right Now?15:30 - Could We See 5% on the 10-Year Yield?16:40 - Using DeMark Indicators to Time the Market21:00 - Market Frustrations from Last Year Still Lingering?23:20 - Gold and Bitcoin: Current Price Action Analysis27:00 - Tom’s Current Positioning and What He’s Bullish On32:00 - The U.S. Dollar: Trends and Implications34:10 - Has "Sell in May and Go Away" Lost Its Edge?35:20 - Leave Tom a Comment!

We’ve got something a little bit different for you this week on Talking Markets. It’s a special interview with Rudy Havenstein, market commentator and author of the Havenstein Moment Substack, who challenges conventional wisdom on macro, markets, and society at large. Up for discussion: why the US is still relatively strong, inflation’s true impact, the financialization of life, Rudy’s no-holds-barred take on policymakers including Janet Yellen, and more. Recorded April 23, 2025.Follow Rudy on Substack here: https://substack.com/@rudy🔔 Hit that subscribe button and join the conversation in the comments.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.comWe know you get this, but gotta say it anyway - this show is for informational purposes only and is not financial advice.Chapters:00:00 - Introduction with Rudy Havenstein01:51 - Trump, Volatility, and the New Market Chaos04:11 - Why the U.S. Economy Is Still Stronger Than Europe06:01 - Are We Witnessing the Start of a New Economic Regime?07:04 - Changing the Status Quo: Painful but Necessary?08:00 - Investors’ Unrealistic Expectations About Stocks09:21 - Is a Recession Overdue for America?10:17 - Why the CPI Doesn’t Reflect Real Inflation12:31 - Tariffs, Reshoring, and the Future of U.S. Jobs14:06 - Trump as a Symptom of America’s Deeper Problems16:26 - Are Rising Interest Rates the New Long-Term Trend?18:21 - Media Outrage, Political Theater, and Public Anger20:12 - How Inflation Quietly Defaults on the Middle Class24:21 - The Housing Crisis: Killing the American Dream28:09 - How the Fed Fueled the Housing Bubble30:00 - Gold, Bitcoin, and the Search for Safe Havens33:07 - The Fed’s Mistakes: QE, ZIRP, and Asset Bubbles36:21 - Why Inflation Hurts the Working Class the Most40:08 - How Zero Rates Created Today's Financial Inequality

Kicking off the week on Talking Markets, we've got MarketGauge.com Chief Strategist Mish Schneider joining Maggie Lake. They discuss the outlook for the consumer sector, key levels for the Russell 2000, transportation's struggles, and why $95,000 is now a critical level for Bitcoin. Also up for discussion: the dollar, commodities, and an update on Mish's vanity trade.For more on Mish's work: https://marketgauge.com/ & get Mish's free daily here: https://micheleschneider.substack.com/Don't miss out on future episodes - get on the list here: https://maggielake.markets/notify-meConnect with me on Substack: https://maggielake.substack.comConnect 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.Timestamps:00:00 - Introduction with Mish Schneider00:45 - Mish’s Key Indicators and the Importance of the Gold-Silver Ratio06:20 - Market Shifts: We’re Not Where We Were Weeks Ago08:20 - How Resilient Is the Consumer Sector?11:50 - Missed the Move in Gold? Why Silver Could Be Next14:20 - Is Bitcoin Decoupling from Traditional Markets?16:45 - What’s Happening in the Uranium Market?20:00 - Energy Sector Trends and Opportunities22:20 - LNG Developments and Investment Insights23:30 - SunRun and the State of Solar Stocks26:35 - Why You Shouldn’t Sit and Ride the Wave Down29:00 - Long Opportunities in the Cannabis Sector and MSOS32:15 - Mish’s International Investment Radar33:55 - Closing Thoughts from Mish Schneider

Now that crypto-friendly Paul Atkins has been sworn in as SEC chair, will we see the US become a "crypto superpower"? Joining Maggie Lake today on Talking Markets to give his take is Jeff Dorman, CIO of Arca. Also up for discussion: why there are still a lot of misconceptions around crypto, where innovation and change in the space is ACTUALLY coming from, and how it all fits in to the macro big picture.Follow Jeff on X here: https://x.com/jdorman81Don't miss out on future episodes - get on the list here: https://maggielake.markets/notify-meConnect with me on Substack: https://maggielake.substack.comConnect 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.

Today on Talking Markets, Fundrise CEO and co-founder Ben Miller joins Maggie Lake to break down the state of US real estate — and the growing pressure on the Fed. As the President publicly demands rate cuts, Ben discusses the real estate landscape, how Fundrise is positioning through this historic uncertainty, the impact of tariffs, and more.Find out more about Fundrise here: https://fundrise.com/Don't miss out on future episodes - get on the list here: https://maggielake.markets/notify-meConnect with me on Substack: https://maggielake.substack.comConnect 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.

The NASDAQ "was a balloon looking for a pin," the US is a "heroin addict" withdrawing from cheap money, and tariffs will NOT create "the next Great Depression." Those are the thoughts of Erik Renander, former hedge fund PM and author of the YWR Substack, who joins Maggie Lake on Talking Markets today. He shares why he thinks now is the time to be focusing on opportunities not problems, and where exactly he sees plenty of 'em.Read Erik's work here: https://www.ywr.world/Don't miss out on future episodes - get on the list here: https://maggielake.markets/notify-meConnect with me on Substack: https://maggielake.substack.comConnect 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.

If the back and forth over the so-called tech exemption over the weekend showed us anything, it was that we are still dealing with a lot of uncertainty. Joining Maggie Lake today on Talking Markets to discuss is Jesse Felder, founder and editor of The Felder Report. Up for discussion: whether "BTFD" is over, the future for the "Fed put," and why you need to watch what insiders are buying and selling. Get more from Jesse here: https://thefelderreport.comDon't miss out on future episodes - get on the list here: https://maggielake.markets/notify-meConnect with me on Substack: https://maggielake.substack.comConnect 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.

Well, we made it through the week. On Talking Markets today, Maggie is joined by Jared Dillian, editor of The Daily Dirtnap and founder of Jared Dillian Money. They chat about the lower-then-expected CPI number and what it means for the dollar, whether there's more upside in gold, why Jared thinks the bond market is still "a mess," and what he sees next for the S&P. Side note: If you think some portfolio insurance might be a good idea, Jared has just released an Options Masterclass - you can get that here: https://www.jareddillianmoney.com/go/...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*We know you get this, but gotta say it anyway - this show is for informational purposes only and is not financial advice.