In episode 462 of Macro Voices, aired on January 9, 2025, Luke Gromen shares his predictions for the 2025 markets. The podcast kicks off with a Macro Scoreboard, highlighting essential market indicators like the S&P 500, US dollar, commodities, and treasury yields, before diving into Gromen's insights. He anticipates a rocky start to the year, largely due to unpredictable policies from the Trump administration, which could influence both the dollar and treasury yields. However, Gromen maintains a bullish stance on stocks—particularly in the industrial sector—as well as on gold and Bitcoin, suggesting that a weaker dollar could boost their prospects. He also emphasizes the exciting possibility of Bitcoin emerging as a global reserve asset alongside gold, potentially taking the place of US Treasuries.
