Chase Taylor of Pine Cone Macro is back to break down the mess that is U.S. trade policy and what it means for markets. We talk about whether Trump’s tariffs are pushing us toward recession, why China’s fiscal discipline might actually be a strength, and where smart investors should be looking outside the U.S. Chase walks through opportunities in Greece, Brazil, and Chile, and we take a step back to talk about how capital flows and political risk are reshaping global investing. Plus, we nerd out about frontier markets—and yes, a little bit about NBA playoffs too.

Timestamps:

(00:00) - Intro

(00:32) - NBA Playoffs and Initial Discussion

(01:18) - Tariff Vice and Economic Concerns

(02:07) - Impact of Tariffs on US Economy

(07:34) - Recession Fears and Employment Data

(09:58) - Trump's Trade Policies and Market Reactions

(17:38) - China's Economic Strategies and Stimulus

(28:29) - Investment Opportunities in Europe

(30:00) - Investment Opportunities in Europe and Brazil

(30:51) - Challenges and Risks in Brazil and Turkey

(32:19) - Overseas Investing: Macro Tailwinds and Policy

(33:32) - Turnaround Stories in Emerging Markets

(34:44) - The Potential of Frontier Markets

(38:08) - Geopolitical Insights and North Korea

(45:34) - Agricultural Commodities and Market Trends

(49:43) - The Dollar's Impact on Trade and Investments

(52:03) - NBA Trades and the Cleveland Cavaliers

(55:46) - Podcast Conclusion and Contact Information

Referenced:

Pine Cone Macro: https://www.pineconemacro.com/

Jacob Shapiro Site: jacobshapiro.com

Jacob Twitter: x.com/JacobShap

Subscribe to the Newsletter: bit.ly/weekly-sitrep

The Jacob Shapiro Show is produced and edited by Audiographies LLC. More information at audiographies.com

Jacob Shapiro is a speaker, consultant, author, and researcher covering global politics and affairs, economics, markets, technology, history, and culture. He speaks to audiences of all sizes around the world, helps global multinationals make strategic decisions about political risks and opportunities, and works directly with investors to grow and protect their assets in today’s volatile global environment. His insights help audiences across industries like finance, agriculture, and energy make sense of the world.

Go Where The Fiscal Is

The Jacob Shapiro Podcast