In this episode of Managing Your Money, our portfolio managers analyze recent market movements—including rising bond yields, falling equities, a weaker dollar, and higher gold prices. They explore the implications of new U.S. tariff policies, shifting trade dynamics, and reduced foreign demand for U.S. assets. The conversation considers possible structural changes in the global economy and discusses how investors might think about positioning in response, with attention to gold, commodities, foreign equities, and short-duration bonds.
The commentary in this video is prepared by Pekin Hardy Strauss, Inc. (dba Pekin Hardy Strauss Wealth Management, “Pekin Hardy”) for informational purposes only and does not constitute investment, legal, tax, accounting, or other professional advice. The views expressed are as of the date of the video and are subject to change. Certain information contained herein has been obtained from third parties. While such information is believed to be reliable, Pekin Hardy assumes no responsibility for the accuracy of the information. The views expressed are those of the presenters as of the date of publication of this video and are subject to change at any time due to changes in market or economic conditions. The comments should not be construed as a recommendation of individual holdings or market sectors but as an illustration of broader themes. Pekin Hardy Strauss Inc. cannot assure that the type of investments discussed herein will outperform any other investment strategy in the future.
00:00 Introduction and Market Overview
01:11 Impact of Tariffs on the Market
01:53 Trump’s Tariff Strategy
07:00 Historical Comparisons and Economic Implications
14:23 Capital Flight and Dollar Weakness
22:28 Gold Market Surge
24:46 The Dollar’s Declining Reliability
25:56 Gold as a Hedge Against Uncertainty
26:20 US Treasury Bonds’ Performance Post-COVID
27:23 Central Banks’ Gold Buying Spree
29:35 The Shift Away from the Dollar
33:15 Federal Deficits and Spending Challenges
37:10 Potential Solutions for Federal Debt
42:45 Investment Strategies for the New Era
49:33 Concluding Thoughts on Structural Changes