Special Markets Happy Hour Podcast - April 9, 2025 - Upping the Ante

We are back with another Markets Happy Hour Podcast today to discuss the recent movements in the prevailing trade war as both sides up the ante. And now the US Treasury as well as other long term government bonds around the world have entered the chat . . they are selling off, undermining the previous good news that lower rates suggested and leading to conspiracy theories as to why.

We examine the status of the US dollar and US treasuries as a safe haven, look at where there may be others and ask where the Fed will come down as it faces its latest dilemma.

Continuing our discussion of the K shaped recovery, we explain that now some hardship is likely to affect all parts of the K - top, middle and bottom and what this is likely to do to sentiment going forward.

Finally we implore investors to wait out this uncertainty and remember the lessons of previous crises and stay the course.