Ping Pong with Cinder Blocks: Trump's Tariff Shock | The New Barbarians #016

In this episode of The New Barbarians, Bill and Mark dive into the market-shaking fallout from Trump’s latest tariff reversals and escalations. With a 145% tariff on China, retaliatory measures, and a new wave of uncertainty, we unpack the implications of what we’re calling Liberation Day — a moment on par with Nixon’s gold shock in 1971.We discuss:- The breakdown of global trade trust- Why gold and Bitcoin are rallying while oil tanks- Carville’s legendary bond market quote and its modern relevance- The decoupling of the 10-year yield and the DXY- How institutional flows are fleeing to T-bills and safe assets- The coming stagflationary environment and policy cornering of central banks- Why this might just be inning 3 of a long macro resetMark also walks through his macro model buckets (economics, markets, and players), while Bill challenges whether the U.S. or China really wins in this new Cold Trade War.🔗 Follow Our Work:📜 Substack: Mark R. Connors - https://substack.com/@markrconnors📜 Harmonic Insights (Bill Mann & Chris Rosa) - https://www.harmoniqinsights.com/📜 SSRN for research papers - https://papers.ssrn.com/sol3/cf_dev/AbsByAuth.cfm?per_id=2035436📜 SmartKarma - Chris Rosa -- https://www.smartkarma.com/profiles/christopher-rosa/research📜 SmartKarma - Bill Mann -- https://www.smartkarma.com/profiles/william-mann-88ce6ae0-716e-4511-98ee-65b1af2765ff/researchTwitter - The New Barbarians - https://x.com/thenewbarbpodTwitter - Mark Connors -- https://x.com/riskdimensions🌐 Podcast available on all major platforms!Chapters00:00 Economic Turbulence and Trade Wars06:16 Market Reactions and Economic Indicators11:54 The Bond Market's Influence17:37 Global Economic Dynamics and China27:48 Future Projections and Policy Implications#thenewbarbarians #cryptocurrency #bitcoin #investing #digitalcurrency #crypto #investing #trading