The World Is Dumping U.S. Assets | Julian Brigden

Julian Brigden Co-Founder of MI2 Partners joins Monetary Matters to discuss why the dramatic shift in US trade policy is making non-US investors dump US assets and bring home the profits from a historic bull run in US assets. He also explains why this repatriation of profits coupled with an eventual slowdown in the flow of dollars driven by tariff policy itself spells a weaker dollar and trouble for US financial markets, even if it does result in American reindustrialization. Recorded April 15, 2025.

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Timestamps:
00:00 Intro
01:53 The Whole World is Overweight the US
09:55 Tariffs Slow the Dollar Flow
17:54 Selling US Assets is Prudent for Foreign Investors
26:42 Who Wins in the US Domestic Economy?
29:56 MacroCapture
34:58 Tariffs Have Been a Carpet-bomb Approach
44:06 Tariffs = Stagflation
49:43 Tariff Effects on China and Europe
54:04 Are Risks Greater in the US?
01:00:13 Will Foreign Markets Outperform on US Weakness or Their Strength?
01:04:32 Bond Market Outlook
01:10:24 Gold Outlook
01:12:50 Reading the Tape to Detect Market Participants
01:18:16 Where is the Trump Put?
01:22:21 America’s Liz Truss Moment
01:25:59 Credit Trades and HYG

#stocks #tradewar #investing #tariffs #inflationstrategies #trumptariffs #bonds #hedgefunds #economy #recession #stockmarketcorrection #usdollar #uschinaconflict #chinaeconomy #dollar #dollarcollapse #eurodollar

[seanjennings]

This was well worth listening too. My dog got the longest walk in a long time...

[heinzgassner]

What a relief. Finally someone, who understands the ‘real’ global monetary system. I am afraid that Julian is perfectly right.

[martinach]

International investor here. Julien is spot on! This is exactly what I am doing and I am not alone. US stocks sold off in February, US dollars sold off right after the April 2nd insanity.

We hope the US can keep their economic situation under control, otherwise we are all in big trouble.

[jlynch]

It’s ridiculous how much the financial service sector has grown in influence. They create chaos then create more chaos when someone tries to fix the chaos they created.

[charlesbanana]

Julien is one of my favorites, between him and Michael Howell. I never miss the screen time as they put things in a very good perspective. Gold is looking good.

[netizenkane]

Jack comin in with another BANGER! Julien woooo !!!

[brainwashington]

Why would ppl even think the world is willing to lend to the US in perpetuity while threatening our peace at the same time?

I've been waiting my whole life for this

[af]

Best explanation of market structure I've ever heard. Always wondered what happens after profit is taken. Thanks for this

[markhow]

Terrific podcast gentleman. Excellent questions of a very thoughtful, consistent and accurate guest

[bluefairy]

the smartest guy so far to understand this situation

[netizencapet]

I've noticed this overnight down, day up pattern for months now. Whoa, I'm glad he elucidated that.

[BLACKELK]

I am still digesting the last interview you did with him. Thanks for an update. Timing is everything with the speed money moves today.

[GregoryIngle]

This is phenomenal macro and content. Thank you for introducing me to this guy. Subscribed..

[mwfolsom]

I love Julian's comments about Apple - it is so true!

[luckymotions]

Thanks Julian Brigden is one of the best...

[jingmu]

Thanks for the great episode! Look forward to Julian’s update!

[mattburrows]

Interesting times Jack, thanks for keeping us up to date

[mr.miyagi]

Very refreshing hearing a professional speak

[ctrl-shift-run]

This was a great conversation, i'm probably going to have to listen to it again. The dollar going down is probably a bigger story than the stock market. Hard to see it strengthening for the next four years.

[peterwolf]

Excellent ( but rather long ) interview. Very insightful and analytical guest, who
I believe has correctly interpreted the goals and objectives of Trump and his team. I agree that China / US stalemate needs to be resolved pronto.( Having moved to US 50 yrs ago from India was enamored the word " bloody " a few times ).