Why Paradigm C is Outweighing the Fed’s Policy Missteps This morning, I had the privilege to join our friend @MariaBartiromo on @MorningsMaria to break down why investors should stay long risk assets amid a historic policy shift. Trump’s reciprocal tariffs—paired with sweeping deregulation and tax incentives—are reinforcing the pro-growth “Paradigm C” regime @42Macro has championed since late April. The administration is trying to “grow its way out of the debt problem,” and betting against that has proven costly. Structural tailwinds like reshoring and foreign direct investment continue to remain under-appreciated on a 12–18 month horizon. Meanwhile, markets continue to rally—despite the Powell Fed’s fifth policy mistake. Investors are beginning to look ahead to a potentially more dovish Trump-appointed Fed, offsetting any policy uncertainty with forward optimism. If you missed it, watch the full discussion here: