The return of Chris Joye comes at a critical moment, with tensions escalating in the Middle East and Trump’s tariffs now in effect.

In this episode, we reflect on the trade developments since April — back when Trump first rattled markets with his tariff threats.

We look at Trump’s unpredictable economic plays, Coolabah Capital’s bond trading strategy, and how quantitative models are being used to read the chaos. There’s no avoiding the geopolitical tension in the Middle East — or the Elon Musk/Trump rift and the impact on US central bank decisions.

We also bring it back home — diving into Australia’s productivity problem, housing market stress, and the recent NSW budget. And finally, a straight-up conversation on tax reform, the state of leadership in this country, and Australia’s financial future.