Joining Maggie Lake on Talking Markets today is Harry Melandri. Harry draws a striking parallel between today's macro environment and the lead-up to the 2008 financial crisis. Rising bond yields, spiking energy prices, and tightening credit conditions... Harry argues the signs of "deja vu all over again" are hard to ignore. With oil prices up more than 40% in March alone, the Fed has been pushed into wait-and-see mode, and 10-year Treasury yields have hit their highest level since July 2025. Could 2025 be the new 2008? Follow Harry on Substack here: https://respicefinemmacro.substack.com/Join us on Substack: https://themarkethouse.substack.com Connect with us on Twitter: https://x.com/the_markethouse