The DEglobalization Trend…Picking Up Steam
Good morning.
Before I get started, the other evening I chatted with my friend Josh Isner, the President of Scottsdale based $AXON post their earnings call. They are now a fast growing and massive $38 billion company. Josh joined when they were a tiny $200 million company. We talked Tasers, body armor and cameras, drones, AI and robots. Have a listen:
As Stocktwits continues to grow I will probably be doing 20-30 interviews a quarter with large public company CEO’s and executives post earnings calls as part of the Stocktwits Investor Relations product rollouts.
Onward…
My friend Lewis Johnson has been investing with a deglobalization thesis since 2022. I know this because he joined me on my old podcast ‘Panic With Friends’ back in 2022 to explain why and how the trend was kicked off. The explanation and history of it starts at minute 12.
Flash forward to 2025 and Trump is President again and his policies are accelerating the trend. The Tariffs are just one of those policies. It is not just the US. Germany is doubling down it seems.
You can follow Lewis here and he will be back on Trends With Freinds to go deep on what lies ahead next Tuesday.
This version of ‘deglobalization’ will have some new twists because of software and cybersecurity which were not prevalent in the 1930’s and 1970’s. Growth will exist, but will markets value companies the same way?
So far gold and the new digital gold Bitcoin have really performed well since Lewis began talking about this trend back in 2022 along with the cyber security stocks.
