Is the US Treasury still contributing to our bullish Paradigm C theme? Is our three-year-old Resilient US Economy theme still valid?
- Author
- 42 Macro
- Published
- Wed 30 Jul 2025
- Episode Link
- https://42macro.com/podcasts-macro-minute?id=b9963aaeb30b47e0984bba3c9a803c82&utm_campaign_id=podcast&content=mm_2025-07-30&utm_source=mp3&utm_medium=podcast&utm_campaign=macrominute&utm_id=podcast&utm_term=episode
In today's episode, Darius unpacks the Treasury’s Q3 refunding, Q2 GDP, and labor hoarding dynamics—reinforcing 42 Macro’s bullish Paradigm C view. He also fields a client question on the coming fiscal pivot for national security. Bottom line: prepare for structural fiscal dominance—bullish for risk assets, bearish for bonds and the dollar.
