Episode 56 :Is the "Geriatric" Bull Market in Trouble? With Vincent Deluard

Vincent Deluard, Director of Global Macro at StoneX Group, joins Maggie Lake on Talking Markets today to discuss the warning signs he's seeing in stocks, bonds, and the economy. Could we be heading for a secular bear market this summer? Vincent sees a lot of potential tipping points for that to happen. Follow Vincent on X: https://x.com/VincentDeluardJoin us on Substack: https://themarkethouse.substack.comConnect with us on Twitter: https://x.com/the_markethouseTimestamps:00:00 – Is the “Geriatric” Bull Market Nearing a Tipping Point?01:40 – Oil Prices, Iran Tensions and Why Markets Aren’t Panicking03:30 – IPO Mania: Could SpaceX Mark the Market Top?05:20 – The Wealth Effect Is Running on Fumes07:50 – Why College-Educated Millennials Are Starting to Crack10:20 – Tax Collections, Savings Rates and Consumer Stress Signals13:00 – The K-Shaped Economy Is Splitting Again15:20 – Permanent Stimulus: Who Really Benefits From Fiscal Spending?18:00 – Corporate Welfare, AI Spending and Rising Political Tensions20:30 – Are We Already Living Through Stagflation?23:00 – Inflation’s Second Wave and Why Markets May Be Misreading It25:10 – Kevin Warsh’s Fed: Trapped Between Inflation and Growth27:30 – Bond Yields, Oil Prices and the Global Liquidity Risk29:40 – SpaceX, OpenAI and the Biggest IPO Wave in History31:50 – Emerging Markets: Why Vincent Likes Brazil and Colombia33:40 – Cash, China and Where Investors Can Hide If Markets Roll Over*We know you get this, but gotta say it anyway - this show is for informational purposes only and is not financial advice.