Marko Papic, Chief Strategist at Clocktower Group, discusses China's geopolitical and structural constraints with Ted Seides.
0:00 / 0:06exact quote · 6.5s
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“So I think that China has peaked as a geopolitical power for the next decade.”
quote is from the automated transcript, cleaned for reading:
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More from Marko Papic
Opinion
Papic: US asset outperformance driven by post-2020 fiscal spending is over
“It's the fiscal gravy train that gave us exceptionalism of the U.S. Asset flows from 20 20 to 20 25. That's over.”
Marko PapicApr 14, 2025▶ 11:24Geopolitical Uncertainty – James Aitken, Louis-Vincent Gave, and Marko Papic (EP.440)
PredictionHeld up
Papic: Trump will likely moderate tariffs to 5-10% rather than 40%
“I think the response is going to be President Trump saying, I was actually going for five to 10% across the board of tariffs, not 40%. Once the market sniffs that out, I think it's very dangerous to be overly bearish on risk assets.”
Marko PapicApr 14, 2025▶ 25:00Geopolitical Uncertainty – James Aitken, Louis-Vincent Gave, and Marko Papic (EP.440)
Opinion
Papic: The U.S. Is Starting to Trade Like an Emerging Market
“What's happening right now in the U.S., and I don't want to be too facetious or critical, but the U.S. Is starting to trade in many ways like an emerging market.”
Marko PapicApr 14, 2025▶ 41:21Geopolitical Uncertainty – James Aitken, Louis-Vincent Gave, and Marko Papic (EP.440)
PredictionNot checkable as stated
Papic: Europe Will See a Tsunami of LNG Supply Disproving Deindustrialization
“Europe is going to be absolutely drowned in its tsunami wave of LNG supply that will crash on its shores over the next two years. This whole deindustrialization debate is wrong.”
Marko PapicApr 14, 2025▶ 57:13Geopolitical Uncertainty – James Aitken, Louis-Vincent Gave, and Marko Papic (EP.440)
Opinion
Papic: Commodities offer the best downside portfolio protection in stagflation
“And ironically, I think the best downside risk protection is commodities, which is weird because commodities should be correlated to growth. So when growth suffers, commodities should suffer with them. That's not really a good hedge the way bonds were. But I t…”
Marko PapicFeb 28, 2022▶ 16:52Marko Papic – Geopolitical Shock in a Multi-Polar World (Capital Allocators, EP.237)
PredictionOpen · timeframe Feb 2032
Papic: China will fail to transition away from export dependence
“I'm in a camp that says they're going to fail. They're not going to be able to do it, and they're going to remain as export dependent, if not more.”
Marko PapicFeb 28, 2022▶ 26:02Marko Papic – Geopolitical Shock in a Multi-Polar World (Capital Allocators, EP.237)
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