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In this episode, David Rosenberg breaks down the volatility gripping markets, the political takeover of the Federal Reserve, and what's driving today’s market. We also dig into the Supreme Court’s looming tariff decision, Rosenberg’s highest-conviction trades in bonds, gold, silver, energy and much more. Follow David on X: https://x.com/EconguyRosie Get your free trial to David's Investing services: https://www.rosenbergresearch.com/ Brought to you by Vizsla Copper (TSX-V: VCU | OTCQB: VCUFF) https://linkly.link/2BWbC Learn to invest alongside the top minds in commodities. Join The Commodity University today. CLICK: https://linkly.link/26yH9 Join us LIVE at the Vancouver Resource Investment Conference on January 25 & 26, 2026. Tickets: https://VRICMedia.com Sign up for Jay’s newsletter at https://2ly.link/211gx 00:00 – Market Volatility & Animal Spirits 03:10 – Fed Policy, QT & Political Pressure 07:14 – Dollar Outlook & Gold Implications 12:33 – Tariffs, Trade War & Supreme Court 19:09 – Rising Volatility & AI Leverage Risks 25:15 – Bubble Psychology & Market Top 33:31 – Retail Mania & ETF Concentration 41:48 – Demographics & Retirement Fragility 44:12 – Investing in a Post-Bubble Regime 52:12 – Gold, Silver & Central Bank Demand 58:21 – Oil, Value Rotation & Pair Trades Copyright © 2025 Cambridge House International Inc. All rights reserved.