Louis-Vincent Gave returns with a blunt assessment of a global order fraying at key seams. Construction is stalling. Trade policy is adrift. Capital is retreating from the U.S. And yet, markets hum along... propped up by AI euphoria and the illusion of fiscal permanence. In this conversation with Alan Dunne, Louis questions whether investors grasp the shifting ground beneath their feet: from rising tariff walls to energy fragility, from the quiet restructuring of China’s financial system to the early signals of capital rotation into emerging markets. If this is a transition phase, most portfolios aren’t built for what comes next. ----- 50 YEARS OF TREND FOLLOWING BOOK AND BEHIND-THE-SCENES VIDEO FOR ACCREDITED INVESTORS - CLICK HERE ----- Follow Niels on Twitter , LinkedIn , YouTube or via the TTU website . IT’s TRUE ? – most CIO’s read 50+ books each year – get your FREE copy of the Ultimate Guide to the Best Investment Books ever written here . And you can get a free copy of my latest book “ Ten Reasons to Add Trend Following to Your Portfolio ” here . Learn more about the Trend Barometer here . Send your questions to
[email protected] And please share this episode with a like-minded friend and leave an honest Rating & Review on iTunes or Spotify so more people can discover the podcast. Follow Alan on Twitter . Follow Louis on Twitter. Episode TimeStamps: 02:20 - (Re)Introduction to Louis Gave 03:45 - Gave's analysis of the current economic data 09:45 - What causes the weakening of the economy? 11:54 - The outlook for tariffs - will they eventually become stable? 16:16 - The future for inflation - will it become more persistent over time? 20:43 - The risk factors of energy markets 25:51 - Will we see a Fed cut in September? 26:58 - Powell - in or out? 31:13 - We are seeing a paradigm shift in the US Dollar 38:26 - The outcome of the AI revolution 43:03 - Deficits are like tequila shots 46:55 -...
