Bye America Turns Into Buy America

In this episode of Trillions, Joel Weber and Eric Balchunas discuss the market's surprising rebound, particularly in the U.S., after initial expectations favored European investments. They are joined by Isabelle Lee and Athanasios Psarofagis to explore ETF flows, investor behavior, and the disconnect between negative headlines and market realities. The conversation covers the resilience of U.S. stocks, the allure of American exceptionalism in markets, and the bond market's complexities, particularly around the TLT ETF. They also touch on the increasing interest in Bitcoin and its potential role as "digital gold," highlighting the significant inflows into IBIT. The hosts and guests analyze data, investor sentiment, and alternative data sources to understand current market trends and future possibilities.