Mauldin Economics

In this interview, Charles Schwab’s chief investment strategist Liz Ann Sonders and economist Ed D’Agostino explain why emotional impulses like FOMO, HODL and panic undermine investing, and they outline the dominant 2026 market themes—including the shift from AI creation to AI catalysis, persistent geopolitical instability, and a non‑linear policy environment. They also examine sector rotation, the dangers of over‑reliance on cap‑weighted indexes, and stress the critical role of disciplined rebalancing and diversification for long‑term success.

In this Global Macro Update, Ed D’Agostino, EconVue editor Lyric Hughes‑Hale and Taiwan‑based analyst Eric Huang reveal how Taiwan’s insurers hold roughly $800 billion of U.S. Treasuries and, due to legal margin‑call rules, could be forced to dump them in hours—enough to trigger a massive bond‑market crash even before any missile is fired. They explain why the risk has been overlooked, outline the geopolitical triggers that could spark a rapid liquidation, and propose coordinated G‑7 safeguards and transparent emergency‑swap mechanisms to avert a global financial shock.

In this engaging discussion, Jeff deGraaf, a leading technical analyst from Renaissance Macro Research, shares insights on market dynamics, emphasizing a "fully invested bear" approach—being cautious yet strategically positioned for opportunities. He delves into the significance of understanding inflation in relation to growth, the implications for policy, and offers valuable frameworks for investors navigating current market conditions.

In this episode of Global Macro Update, Ed D'Agostino interviews Steven Lord from Burkland Associates to explore the current dynamics of the venture capital landscape, particularly in the rapidly evolving AI sector. They discuss the impact of AI on funding strategies, the reluctance of startups to pursue IPOs, and offer insights for founders and investors navigating these challenging economic waters.

In this episode of Global Macro Update, Michael Howell discusses the implications of global liquidity dynamics and current market conditions, as the Federal Reserve navigates its tightening policies and concerns over an escalating debt crisis. As asset prices reach new highs, Howell emphasizes the need for investors to be cautious and highlights the shifting complexities in the financial systems that could signal a potential downturn.

In this video, Brent Donnelly shares insights on the current stock market dynamics, particularly focusing on the shift away from speculative investments towards more stable companies in light of recent AI developments. With a keen analysis of investor sentiment, Donnelly highlights the complexities surrounding companies like OpenAI and NVIDIA, suggesting a more cautious yet optimistic outlook for the market's future.

In this episode, Ed D'Agostino discusses the implications of the AI boom on the job market, particularly for young graduates, alongside expert Bruce Mehlman. They explore current political dynamics, including the implications of the recent government shutdown and midterm elections, while assessing whether the AI landscape is in a bubble that could disrupt the middle class.

In this video, Jared Dillian explores the parallels between today’s mega-cap tech stocks and the late 1990s dot-com bubble, expressing concerns about the market's lack of volatility and risky circular deals reminiscent of that era. He shares insights on market trends, his investment strategies, and the importance of maintaining a balanced portfolio while highlighting the risks associated with participating in a crowded trade.

In this insightful video, Jacob Shapiro discusses how the United States and China are approaching artificial intelligence and technology in fundamentally different ways, with China seemingly ahead in practical AI applications. The conversation explores the implications of these differences for global trade and the future of technological innovation, emphasizing the need for the U.S. to reconsider its strategies in the current geopolitical landscape.

In this insightful episode of Global Macro Update, renowned economist Dr. Ed Yardeni discusses the potential for a market melt-up driven by lower interest rates, particularly highlighting the strength of the stock market and gold prices. He also delves into the complexities of the labor market and its impact on consumer spending, while providing his predictions for the rest of the decade.

In this insightful discussion, Barry Habib, a leading housing and mortgage expert, debunks the common belief that a 20% down payment is necessary to purchase a home, highlighting that options exist for those looking to enter the market with as little as 3.5% down. The conversation also touches on current housing market trends, the importance of home ownership in building net worth, and the potential for future interest rate changes impacting affordability.

In this video, Wall Street veteran Jared Dillian discusses the current unpredictable market environment, predicting a significant drawdown this fall as he analyzes potential opportunities in currency and commodities, particularly gold. Dillian emphasizes the importance of capital preservation during these turbulent times and shares insights on the Federal Reserve's influence and the outlook for the dollar and interest rates.

In this critical market update, Brent Donnelly discusses the alarming breakdown of the historical correlation between rising U.S. yields and a strengthening dollar, suggesting a potential regime change that could signify capital flight from the U.S. markets. Join Ed D'Agostino and Brent as they delve into the implications for U.S. interest rates, equity markets, and the broader economic landscape.

In this insightful discussion, John Mauldin explores the complexities of the ongoing trade war between the U.S. and China, highlighting the uncertainty and potential repercussions for American businesses, particularly smaller companies reliant on Chinese parts and services. He emphasizes the need for clear government policy and warns against the dangers of choosing winners and losers in the economy, advocating for a more unified approach to trade and investment.

In this insightful discussion, Ed D'Agostino and seasoned trader Jared Dillian delve into current stock market volatility, addressing the critical question of whether it’s time to buy or sell in the face of a potential shift away from U.S. equities. Dillian explains the nuances of the ongoing market rotation, the importance of hedging strategies, and the value of understanding options as a form of portfolio insurance, particularly in today's unpredictable economic climate.

In this eye-opening discussion, former federal prosecutor Brendan Ballou explores how private equity firms are reshaping the American economy, often with detrimental effects on businesses and communities. He emphasizes the urgent need for regulatory reform to ensure accountability and protect local enterprises from the exploitative tactics commonly employed by these investment groups.