In this episode of the Macro Voices podcast, Jeff Currie delves into the market anomalies following the recent election. He discusses how changes in marginal buyers are influencing various asset classes, from treasuries and credit spreads to the rising prominence of natural gas in energy commodities. The conversation also explores the competition between Bitcoin and gold as safe-haven assets and considers the potential shift towards prioritizing energy security over strict ESG policies. Currie points out the challenges faced by active investors in a market increasingly driven by passive strategies. He also speculates on the possible revival of nuclear energy under the upcoming Trump administration, emphasizing the long-term dynamics of the uranium market.
