Markets Feel Tariffs Are a Tactic, Says SGMC Capital’s CEO

The transcript discusses the increased market risks due to US tariffs on allies, particularly Mexico, and the implications for global trade. It highlights market complacency despite potential escalations, with safe haven assets like yen and gold not reflecting the risks. The bond market's quick movements are noted, with US Treasurys expected to gather demand. The discussion also touches on the use of trade as a political tool and the uncertainty it creates, benefiting safe havens.

What concerns are raised regarding the US tariffs imposed on allies?

How does the current market sentiment reflect on the potential risks associated with tariffs?

What role do safe haven assets play in the current economic environment described?

What implications do the tariffs have on the relationship between the US and Mexico?

In what ways might the market react to the uncertainty created by the tariffs?