Podcast Episodes
Back to SearchUnderreacting and then Overreacting to Policy Shocks
Episode 307
As you make your way through Terminal 5 in Heathrow airport, there are plenty of opportunities to buy a T-shirt bearing the slogan “Keep Calm and Car…
1 year, 3 months ago
The Investment Implications of a Falling Dollar
Episode 306
Despite very significant shifts in U.S. economic policy and major geopolitical events, investors can look back at the first half of 2025 with some sa…
1 year, 3 months ago
OBBBA and a Cold, Hot, Cold Forecast
Episode 305
On Tuesday, we will release our third quarter 2025 Guide to the Markets. On Wednesday, we will host conference calls with financial professionals to…
1 year, 4 months ago
Tariffs and Inflation
Episode 304
Investors this week will be focused on the implications of the U.S. attack on Iranian nuclear facilities. While this is clearly a very significant ev…
1 year, 4 months ago
Economic Sogginess and the Market Party
Episode 303
When we bought our first home, the builder neglected to mention that it was built upon a river. Of course a river at the bottom of a garden is a char…
1 year, 4 months ago
The Macro Jigsaw
Episode 302
When I was growing up, school holidays weren’t packed with organized activities. Sometimes, to relieve the boredom of a rainy day, I would tackle a j…
1 year, 5 months ago
Policy and the Investment Landscape: An Update
Episode 301
This week, after a very busy few months, I am putting down my pen, picking up my metaphorical spade and bucket and taking some vacation time. 2025, s…
1 year, 5 months ago
A Softer Sort of Slowdown
Episode 300
There have only been two U.S. recessions since 2001 – the Great Financial Crisis and the Pandemic Recession. Both of these were huge – accounting for…
1 year, 5 months ago
Tracking the Economic Slowdown
Episode 299
A crowd is gathered around the sickbed of the economic expansion. Among the multitude are the workers, consumers and business people who would be mos…
1 year, 6 months ago
Recession Risks, Resilience and American Exceptionalism
Episode 298
Last weekend, I neglected to finish my Notes on the Week Ahead as I got caught up in watching the Masters. In truth, it was mostly a battle between R…
1 year, 6 months ago