Maggie Lake is joined by Rupert Mitchell, author of the Blind Squirrel Macro Substack, to welcome another week of volatility (probably). Last time Rupert was on Talking Markets (December 2024), he told us that China equity markets presented “a multi-year opportunity with interesting entry levels here and now.” He sure deserves a victory lap for that one. So, what's his latest outlook on China - is the equity market attractive or has its 20% jump in 2025 alone taken it into "too late" territory? Also up for discussion: the China consumer story, the great rotation out of US assets, and why the Squirrel is becoming less bearish on Canada. You can find more of Rupert's work here: https://substack.com/@blindsquirrelmacroDon't miss out on future episodes - get on the list here: https://maggielake.markets/notify-meConnect with me on Substack: https://maggielake.substack.comConnect with me on Twitter: https://x.com/maggielakeChapters: 00:00 - Introductions with "Blind Squirrel"01:00 - Why There Is Still Downside in U.S. Equities02:03 - Is the U.S. Bubble Bursting? "Overowned, Overgrown, Overhyped"03:50 - The Impact of Reallocating U.S. Equities06:50 - Can Market Trends Extend Longer Than Expected?08:30 - Optimizing AI for Supply Chains: Efficiency and Innovation10:05 - Where Are Investment Flows Going Outside the U.S.?12:45 - China's Crackdown on Tech: Impact on Investments15:05 - Can China Successfully Revive Its Economy?17:10 - Opportunities and Advice for Investing In China19:55 - China's Beer Market and Anheuser-Busch's Position22:10 - The Strength of Chinese Consumer Staples23:30 - Europe & Canada vs. Opportunities in Asia26:35 - U.S. Economy: The Grass Isn't Always Greener29:40 - What Is the Administration's Pain Threshold?*We know you get this, but gotta say it anyway - this show is for informational purposes only and is not financial advice.

Ask this episode

“What did the council decide on item 42?” — answered with the speaker and the moment.