21st January 2026 – Stocks hit as risks continue to pile up

MPC Markets Morning Call · Jan 20, 2026 · 14m

In this episode of the MPC Markets Morning Call, Mark Gardner discusses the current state of the stock market, highlighting the significant risks that have emerged due to geopolitical tensions and economic policies. He emphasizes the impact of Japanese bond yields on global markets, particularly how the shift in these yields could lead to a repatriation of Japanese investments from U.S. equities back to Japan. Mark also critiques the tactics of former President Trump, suggesting that his distractions are compounding market instability. The conversation delves into the implications of these…