Insights

Darius Dale joined Anthony Pompliano on The Pomp Podcast to unpack three major shifts in today’s macro environment. He challenged the idea that bonds and cash are safe, highlighted the decline in foreign demand for U.S. debt, and outlined why the current regime still supports staying engaged in select risk assets. If you missed the discussion, here are three key takeaways that likely have huge implications for your portfolio:

1) Fiscal Recklessness Is Undermining U.S. Stability

Both parties are spending aggressively with no credible plan to rein in deficits. Even cutting all non-defense discretionary spending would only reduce the deficit from 7% to 5% of GDP—before the tax cuts reduce revenues (relative to baseline) further.  With mounting debt and no political appetite for…

Darius Dale sat down with Jeff Booth, entrepreneur and author of The Price of Tomorrow, for a deep and urgent conversation on what a genuine system change would look like in today’s rapidly evolving economic and technological landscape. If you missed the discussion, here are three key takeaways that likely have huge implications for your portfolio:

1) The Free Market Is Naturally Deflationary

Booth argues a true free market drives prices lower. Entrepreneurs compete by delivering more value, pushing prices toward the marginal cost of production—often zero with AI and software. But fiat systems, built on credit, can’t survive falling prices. They require inflation to prevent collapse. This core contradiction fuels societal breakdown.

Darius Dale recently joined Jesse Day on Commodity Culture to explain why Liberation Day marks the most transformational economic event since Lehman Bros. went bankrupt in 2008. If you missed the conversation, here are three key takeaways that likely have huge implications for your portfolio:

1) The Trump Put Is Active—But at a Cost

Darius explains that recent Treasury and currency market moves resembled an emerging-market style capital flight — a clear break from historical norms. With global investors selling U.S. assets, the Trump administration was forced to activate a “Trump Put” and slow its economic reorganization strategy.