In this episode of The Grant Williams Podcast, I’m joined by Warren Pies of 3Fourteen Research to unpack the challenges of investing in a world defined by policy shocks, geopolitical uncertainty, and persistent volatility. His data-driven approach allows Warren to cut through the noise of political unpredictability—particularly around Trump-era tariffs—and we focus the conversation on market signals, sentiment shifts, and technical indicators in today’s unstable landscape. From the precarious relationship between bonds and equities to the evolving role of the U.S. dollar, Warren offers a grounded yet insightful take on where the real risks—and opportunities—lie.

We dive deep into sector dynamics, especially the misunderstood signals coming from oil and credit markets, and Warren explains how quantitative models can help investors adapt to a regime defined by monetary debasement. With a candid look at sentiment extremes and capital flow inertia, Warren frames the U.S. not as a market without problems, but as the “cleanest dirty shirt” in a soiled global wardrobe—still investable, but only for those prepared to stay agile.

Every episode of the Grant Williams podcast, including This Week In Doom, The End Game, The Super Terrific Happy Hour, The Narrative Game, Kaos Theory and Shifts Happen, is available to Copper, Silver and Gold Tier subscribers at my website www.Grant-Williams.com. 

Copper Tier subscribers get access to all podcasts, while members of the Silver Tier get both the podcasts and my monthly newsletter, Things That Make You Go Hmmm… Gold Tier subscribers have access to my new series of in-depth video conversations, About Time.