David Woo, Who Nailed 2016 And 2020 Elections, Explains Why The Market Has The Trump Trades Wrong

Macro trends blogger and economist David Woo @DavidWooUnbound, CEO of David Woo Unbound, a global forum devoted to the promotion of fact-based debates about markets, politics, and economics, joins Julia La Roche on episode 186 for a wide-ranging conversation on economics and politics, including the attempted assassination on former President Trump and why the market has the so-called Trump trades all wrong.

This episode was recorded on Friday, July 19.

Links:

Timestamps:

00:00 Introduction and welcome David Woo
01:25 Big picture macro view
03:00 Geopolitical update
04:10 Trump trades
06:53 Election is not over yet
08:01 Assassination attempt and the risk of another attempt
11:15 JD Vance
15:20 Finding a replacement to Biden
18:45 2025 will have nothing to do with 2017
22:44 Challenges in financing tax cuts, tariffs, and potential for a global trade war
25:50 Collecting taxes on big tech companies doing business outside the US would be bearish for stocks
28:00 Trump will face a massive budget deficit and why he's not that bullish for bitcoin
28:50 Trump 1.0 vs. Trump 2.0 economy
30:30 If Trump wins, he'll inherit a huge mess from Biden
35:41 Immigration
40:31 The ultimate Trump trades are defensive trades
44:30 Betting on a recession
50:37 Generative AI is a bubble that will trigger a recession
56:55 Parting thoughts

[TheJuliaLaRocheShow]

Hey everyone! I hope you enjoy this latest episode featuring David Woo. David was our most popular guest on the channel to date. Please join me in the comments section with your feedback. 💙Julia

[kindface]

I'm retired from the investment industry.
Clients pay through their noses (by way of dishing out millions in fees to fund managers) to listen to incisive analyses like Woo now provides for free in channels such as this. I hope people appreciate what an invaluable service Woo is providing. Like he said, you don't have to agree with his opinions but you owe it to yourself to listen to how he breaks down the facts with his experience and decide if his ideas work for you. As I'm now retired, I no longer have access to the infinite investment insights and ideas that I routinely accessed so Woo's insights like in this video is a real gem. Glad I stumbled on this channel. Liked. Subscribed.

[cyin]

Excellent interview Julia! Thanks for bringing David to the show again. David brings very interesting arguments on his contrary thinking and they certainly open up my mind

[maplenook]

I haven’t seen him elsewhere. Thanks for finding him!

[JohnInvest]

We need him on a monthly basis!! Brilliant mind, different perceptive to others.

[bradjohnson]

Very thought provoking. Appreciate the in- depth comments and enthusiasm of Mr. Woo.

[Oudeis]

The internet has created a world with "more opinions than facts". Astute observation, Mr. Woo. Thank you for this insightful analysis!

[andyv]

This video is published two days ago but obviously recorded a week earlier. Guy is spot on with political analysis. Now that Kamala is nominee, would like to hear his updated analysis on who VP nominee should be.

[kapaluamak]

This was one of the best interviews I have heard this year! Great job!

[hurcell]

Yeah, I think Mr Woo is based. He doesn't predict what's gonna happen but he gives you some things to consider that might affect future outcomes and what the outcomes might be. This was not the first time I've heard from him. Thanks for having him on.

[grizzlyk]

I was a professional once, Marine, infantry and a private security contractor. That kid was a professional help for sure.

[KrisWalter-jo]

terrific interview! David is a great thinker!!!

[Danandsan]

Thank you for being so professional and humble in letting your guest speak. Subscribed!

[CereneSetliff]

To the question of whether he was a lone wolf, I note the shooter had two cell phones. My husband has two cell phones, because he is an executive trying to separate his personal and professional communications. I have colleagues, attorneys, who maintain two cell -phones for the same reason. Work pays for one; we pay for the other.

Who else has two cell phones? Government employees.

Not 20-year olds who live at home and work in a low-wage job. No. Sorry.

[Vision-yoqx]

I have never been a Republican. As a former Democrat, I strongly suggest that you interview the email creator, Shiva Ayyadurai, himself an India-born immigrant with a Ph.D. from MIT. Many foreign-born individuals, including Asians, who followed the results of the 2020 election, still believe that President Trump won the election in 2020. I heard that Dr. Ayyadurai had posted a video on youtube immediately after the result of the 2020 presidential election was announced. In that video, he had used math to demonstrate how mathematically, it was IMPOSSIBLE for Biden to have won the election. I do believe that the Democratic Party has gone astray: It has obviously become very undemocratic and divisive! I hope Dr. Ayyadurai would explain to people in the U.S. and worldwide who exactly had won the 2020 election according to his mathematic computation.

[Whowhatwhenwhereandhow]

Monthly or quarterly would be awesome to have Woo.

[brianmurphy]

It would be good to get David’s opinion on Harris’ chances now. CNN/MNSBC will be spewing out polls ‘proving’ she’s unstoppable. But she hasn’t really achieved anything in the VP position other than managed to keep her job..

[leorarink]

That is absolutely brilliant! Mr. Woo is some kind of genius. WLR

[arinco]

If Biden is leaving the next President a huge mess, I would trust Trump to handle it better than Harris.

[Joeblow]

This is one of my new favorite podcast this month I will be subscribing