Episodes

  • What matters most to asset markets—March Retail Sales, Kevin Warsh’s testimony, or the US-Iran ceasefire?

    What matters most to asset markets—March Retail Sales, Kevin Warsh’s testimony, or the US-Iran ceasefire?
    Apr 21 2026
    Markets continue to look through headlines and focus on the bigger picture, as resilient economic data and improving liquidity conditions reinforce a risk-on regime. In this episode, we break down why regime shifts—not individual catalysts—are what truly drive asset prices.
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    6 mins
  • Should investors de-risk ahead of Kevin Warsh’s Senate confirmation hearing tomorrow?

    Should investors de-risk ahead of Kevin Warsh’s Senate confirmation hearing tomorrow?
    Apr 20 2026
    Policy risk takes center stage as Kevin Warsh’s Senate confirmation hearing approaches, with markets bracing for potential interest rate volatility. In today’s Macro Minute, Darius breaks down why investors should stay disciplined—preparing for near-term turbulence while remaining focused on the bigger picture, including the long-term case for global equities outperforming U.S. markets.
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    5 mins
  • Has the stock market fully priced a positive resolution to the US-Israel-Iran conflict?

    Has the stock market fully priced a positive resolution to the US-Israel-Iran conflict?
    Apr 17 2026
    Markets are signaling that much of the geopolitical risk tied to the US–Israel–Iran conflict may already be priced in, with short-term crowding indicators turning more cautious. However, the broader macro backdrop remains supportive, as liquidity trends and pro-growth policy dynamics continue to reinforce a risk-on regime.
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    5 mins
  • Is the stock market underpricing a deterioration in the US-Israel-Iran ceasefire?

    Is the stock market underpricing a deterioration in the US-Israel-Iran ceasefire?
    Apr 16 2026
    Geopolitical risk is back in focus as markets appear to be underpricing the fragility of the US–Israel–Iran ceasefire. In today’s Macro Minute, Darius Dale explains why the current risk-on regime remains intact for now—but also why investors must stay disciplined and prepared to respond quickly if conditions deteriorate and liquidity comes under pressure.
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    10 mins
  • Why would POTUS attempt to fire Fed Chair Powell?

    Why would POTUS attempt to fire Fed Chair Powell?
    Apr 15 2026
    Policy pressure on the Fed took center stage, reinforcing our long-held view that central bank independence is being eroded in response to structural stress in the Treasury market. At the same time, global growth signals are improving, liquidity is trending higher, and our models continue to support a risk-on, REFLATION regime—keeping investors positioned on the right side of market risk despite rising geopolitical noise.
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    10 mins
  • Are “dumb money” bulls going to leave “smart money” bears behind again?

    Are “dumb money” bulls going to leave “smart money” bears behind again?
    Apr 14 2026
    Today’s Macro Minute breaks down why markets remain firmly in a risk-on regime despite persistent bearish narratives. Darius explains how rising global liquidity, supportive macro cycles, and behavioral mispositioning continue to drive upside—and why investors who wait for confirmation risk being left behind yet again.
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    8 mins
  • How should investors respond to the US blockade of the Strait of Hormuz?

    How should investors respond to the US blockade of the Strait of Hormuz?
    Apr 13 2026
    Geopolitical tensions escalated as the U.S. moved to block the Strait of Hormuz, but markets may be misreading the signal. In today’s Macro Minute, Darius Dale explains why this development is more about negotiation brinksmanship than a structural shift—and why investors should continue to view volatility as a buy-the-dip opportunity within an ongoing risk-on regime.
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    9 mins
  • Are the US and global economies worthy of reinvesting into?

    Are the US and global economies worthy of reinvesting into?
    Apr 9 2026
    Today we tackle a critical question: are U.S. and global economies worthy of reinvestment? Darius Dale makes the case that the data continues to support a bullish Paradigm C backdrop, with resilient growth, strong corporate profits, and low recession risk reinforcing medium-term tailwinds for GDP and earnings.
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    7 mins