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Money Maze Podcast

173: The End of US Equity Dominance? With Chris Wood, Global Strategist and Author of 'Greed and Fear'

Money Maze Podcast

Money Maze Podcast

Business, Investing, Management, News, Business News

4.8216 Ratings

🗓️ 15 May 2025

⏱️ 47 minutes

🧾️ Download transcript

Summary

 Chris Wood, former guest and highly respected global strategist, recently made a bold prediction, namely that the US stock market has reached its all-time relative peak, similar to Japan in 1989. 

His recent commentaries include one describing Trump’s “Liberation Day” as “Impoverishment Day” and that Trump is the “Bull in the China Shop”. 

In this conversation, Chris gives his take on whether US equities are peaking, or just pausing.

Alongside sharing some thoughts on US equities, Chris also analyses the dollar, the bitcoin/gold dilemma, EM fixed income, private equity, and private debt. 

​​The Money Maze Podcast is kindly sponsored by Schroders, IFM Investors, World Gold Council and LSEG.

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Transcript

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0:00.0

Welcome to the MoneyMays podcast.

0:04.7

This is your first time joining us.

0:06.8

I'm the host, Simon Brewer,

0:08.4

and in this show, we talk to proving leaders and thinkers

0:11.4

from the worlds of business, investing from beyond.

0:14.4

Money talks and money moves.

0:17.1

What direction would you choose?

0:19.5

It's the money makes here to pave the way. To stay up to our money maze

0:21.6

To stay up to date with every episode, please do sign up to our newsletter via

0:28.4

MoneyMayspodcast.com.

0:30.4

Episodes are also published on our YouTube channel and we're active on all major social media

0:35.3

platforms.

0:36.3

Thank you for listening.

0:41.0

Chris. we're active on all major social media platforms. Thank you for listening. Chris, you have just made a bold prediction, which is the US stock market, has reached

0:47.6

its all-time relative peak, similar to Japan in 1989.

0:52.7

And for those who weren't hanging around, as we were, back then,

0:56.1

Japan reached about 45% of the world index. And at that point, I checked it, the US was only

1:03.3

33% of the world index. And here we stand today with the US, depending on the index,

1:08.1

around 65, 67%. Your last two pieces of research contain these

1:14.7

statements. Instead of Trump's Liberation Day, you called it impoverishment day. And that Trump,

1:21.1

secondly, is the bull in the China shop, with lots of irony we'll come back to. So welcome

1:26.2

back. You appeared July last year, as we were saying,

...

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