Marc Chandler – Analyzing US Tariffs, Economic Data, and Market Reactions
Marc Chandler, Managing Partner at Bannockburn Global ForEx and Editor of Marc To Market joins us to recap a jam-packed week filled with significant financial news including US tariffs, economic data from the US, President Trump’s address to Congress, Federal Reserve Chairman Powell’s comments, and a substantial decline in the US dollar’s value.
The discussion covers the impact of tariffs on US growth and economic sentiment, highlighting the uncertainty creeping into markets and a ‘growth scare’ that affected the stock market and bond yields. Marc also delves into European financial reactions fueled by the US’s stance on EU security issues, leading to increased military spending and resulting in rising European bond yields.
The conversation extends to Fed policies considering Powell’s recent statements and the market’s expectations on rate cuts.
Additionally, we explore gold and other precious metals, factors driving their demand, and the broader economic implications. We also touch on cryptocurrencies, especially Bitcoin, analyzing their volatility, speculative nature, and detailed discussion on the US government’s creating a strategic reserve filled with confiscated crypto assets.
Ex hasn’t been around here for a while he must be hiking in The Adirondacks, he likes to get away from it all, truly a prepper come nature boy, and he also likes to study his book on how to make curtains. LOL! DT 😜 🤩 🤣
Haha! Good one DT. I was initially resting from feeling a bit under the weather earlier in the week, and then spending time with my lady skiing in the beautiful snow-capped mountains, going to see some live music, and having a glorious time.
Then today, I spent a lot of time reflecting on investing in the resource space for my latest Substack post.
Should Investors Consider Holding Commodities Producers Within Their Portfolio?
Excelsior Prosperity w/ Shad Marquitz (03/09/2025)
https://excelsiorprosperity.substack.com/p/should-investors-consider-holding
Shad, I stopped reading about a third of the way down, after the vacation analogy, and did a search for “technical” as in “technical analysis” — zilch!
These are the folks that require a minimal amount of ‘tech talk’ grounding, but will light up the boards — when the price is right. Some, possibly many, will stick around to learn the details.
Let’s open that door! BDC
My “zilch” comment is not meant to be a reflection on the quality of your work, which is impressive, particularly when considering the volume of it. Please don’t take it that way. BDC
I will be looking at EMO in the morning it looks like it might go on a little rip, as in buy the dips and sell the rips. LOL! DT
On Friday I added some more Labrador Gold, I also own NFG which I believe has a great future especially now that they have made strategic management changes. DT
There is a Dairy Queen in the mall near our Guangzhou apartmemt. The shop is often packed with customers. Warren Buffet is making a bundle selling fancy ice cream dishes to Chinese. He doesn’t want a trade war, he wants to put a Dsiry Queen in every Chinese mall. There are six Starbucks within ten minutes walk.
The Chinese are going to look like Americans when they get Dairy Queen in every mall. Excuse me I can’t squeeze through the door. The way to dominate The Chinese is to give them all the entitlements The Americans have been used to like fast food outlets everywhere, and disability payments when they get the health problems. LOL! DT
Already happened in Korea after many decades of US influence.
$2916………… Gold……….. great number…… looking forward to another up leg…. 🙂
https://www.tradingview.com/x/R7txu5S6/
NatGas : Weekend Wash . . .
https://www.tradingview.com/x/ywRrtlUx/
DOLLAR : May Have Bottomed . . .
“Fractional Reserve Gold” can work as the underlying basis for the next dominant form of Money. If American, it would supersede the vulnerable Petrodollar, and related Eurodollar.
https://www.fibonomics.com/2025/03/american-dollar-gold-backing.html
If not American, a new and possibly revolutionary financial world could emerge. BDC