Podcasts about deglobalization

Ian Smith, portfolio manager at William Blair, joins Excess Returns to break down emerging markets, global diversification, and why EM may offer a very different opportunity set than US stocks. We discuss AI capex, the role of Korea, Taiwan, China and India, the impact of the dollar, quality investing, valuation, and how active investors can think about opportunity in a world shaped by AI disruption and geopolitical change.William Blair Investment Managementhttps://im.williamblair.com/The Problem With Qualityhttps://im.williamblair.com/insights/articles/the-problem-with-qualityTopics covered:Why emerging markets are not one single tradeHow AI capex is reshaping EM indexes and performanceWhy Korea, Taiwan and China are central to the AI supply chainThe role of the US dollar in emerging market returnsWhy EM index concentration is higher than many investors realizeWhat past innovation cycles can teach us about the AI buildoutHow AI is changing the definition of quality investingWhy China's manufacturing strength creates both opportunity and riskThe long-term case for India despite high valuationsHow William Blair evaluates quality, trajectory and underappreciationWhy valuation in emerging markets requires more than simple multiplesThe one investing lesson Ian Smith would teach the average investorTimestamps:00:00 Intro04:10 Why emerging markets are not one market08:37 Why EM is underrepresented in global indexes13:16 How the dollar impacts emerging market returns18:37 AI capex, picks and shovels, and EM supply chains24:17 How William Blair is using AI in the investment process28:30 Why quality and growth have decoupled in emerging markets33:19 Why AI disruption creates opportunity for active managers37:30 China's overcapacity, competition and global manufacturing edge42:00 India's long-term growth drivers and valuation challenge47:00 Finding underappreciated quality in EM stocks52:01 Deglobalization, China and the future of global trade56:09 The one lesson Ian Smith would teach investors

This podcast has returned to modern slavery three times now. Lisa Kristine showed us its face through her photography. Bruce Ladebu described what it actually takes to pull children out. And Matthew Friedman, in Episode 76, gave us the architecture: thirty-five years working across Nepal, Bangladesh, Thailand, the UN, and eventually the Mekong Club. That first episode opened with the story of an 11-year-old Nepalese girl in a Mumbai brothel who ran across the room, wrapped herself around Matt, and begged him to save her. He couldn't, that day. He came back with police and she was gone. This second conversation picks up in a deglobalising world. The USAID cuts have gutted sixty years of global anti-trafficking infrastructure. The $400 million available to address modern slavery has been halved. HIV clinics, maternal health programs, girls' education initiatives are all gone. And as Matt makes clear, the line from those cuts to a new trafficking victim is not abstract. It runs through hospitals, through debt, through desperation.This episode also goes somewhere I'm afraid I didn't communicate that well, the points of cultural judgement and critique. There's a story of a sixteen-year-old Bangladeshi girl, rescued after two weeks in a brothel, who was turned away at her own front door by a father who loved her because the shame she carried would make her siblings unmarriageable. That story sits at the centre of the hardest question in this conversation: when the cultural machinery enabling trafficking runs this deep, what can the outside world actually do about it? It's a delicate subject, I regret not treating it as such. $238 billion modern slavery generates annually flows through the same offshore plumbing this podcast has covered with Oliver Bullough and John Christensen. Matt explains how banks are already tracking it and how the Mekong Club is working with Interpol, crypto companies, and social media platforms to find it and cut it off.It's a pleasure to welcome Matt Friedman back to the podcast. ResourcesWalk Free Foundation's Global Slavery Index - https://www.globalslaveryindex.org/U.S. Department of State Trafficking in Persons Report - https://www.state.gov/trafficking-in-persons-report/Makon Club - Anti-Human Trafficking Organization - https://makonclub.org/USAID Human Trafficking Programs - https://www.usaid.gov/what-we-do/gender-equality-and-womens-empowerment/human-traffickingInterpol Human Trafficking Unit - https://www.interpol.int/en/How-we-work/Operations/Operation-ScorpionChapters00:00 The Impact of Deglobalization on Modern Slavery02:50 Statistics and Resources in the Fight Against Modern Slavery05:54 Consequences of USAID Cuts on Global Health and Safety08:38 Understanding Human Trafficking and Legal Responses11:40 Cultural Attitudes and Enforcement Challenges14:12 The Role of Vulnerability in Exploitation17:23 Identifying the Most Egregious Examples of Modern Slavery20:02 Cultural Change and the Role of Awareness23:22 Internal vs. External Approaches to Addressing Modern Slavery33:12 The Impact of Fiction on Awareness36:24 Taking Responsibility: Individual Actions Against Human Trafficking38:27 Creating Compelling Content: The Role of Film in Activism40:47 Cultural Sensitivity in Addressing Trafficking43:28 The Urgency of Addressing Human Trafficking50:08 Financial Institutions and Their Role in Combatting Trafficking57:47 The Power of Business in Addressing Human Trafficking59:52 Finding Hope: The Starfish Parable

In this episode of Impact Farming, Tracy sits down with agricultural economist and strategist Michelle Klieger to unpack a question many producers are quietly asking: Can U.S. soybeans still compete in the global market? As farmers head into another planting season facing tight margins, uncertain demand, and rising costs, the global soybean market continues to shift. From China's buying decisions to the growing influence of Brazil, the competitive landscape is changing rapidly. Michelle shares insights from her recent article on the "Brazil Factor" and explores what's really driving global soybean competitiveness—and what it means for producers in North America. Episode Highlights • Why global demand—especially from China—remains a key driver for soybean markets • How geopolitics and trade negotiations are affecting farm families and rural economies • The rise of Brazil as a global agricultural powerhouse • The role of land costs, seed pricing, and regulation in shaping global competitiveness • How Brazil's ability to expand farmland and double crop gives it an edge • Why U.S. farmers may need a different strategy to stay competitive • Key signals producers should watch as global soybean markets evolve Global agriculture is evolving quickly, and the soybean market is a powerful example of how economics, geopolitics, and innovation intersect. As Brazil continues to expand production and global trade dynamics shift, producers in North America face new challenges—but also opportunities. Understanding the forces shaping global markets can help farmers make informed decisions and remain competitive in a rapidly changing agricultural landscape. Thanks for tuning in, Tracy  ============================= Resources • Stratagerm Consulting – The consulting firm founded by Michelle Klieger that focuses on agricultural economics, market drivers, and global food systems. • Previous Impact Farming episode: "The Demise of Free Trade: What the U.S.–China Trade War Means for North American Farmers" featuring Michelle Klieger  https://youtu.be/OKs2dtGTAI8 ============================= ✅ About The Impact Farming Show: Produced by Farm Marketer. Farm Marketer is a Canadian digital media company specializing in publishing agriculture content that matters most to Canadian farmers: news, commodities, agriculture events, agriculture real estate for sale, and much more.  Farm Marketer is also the proud producer of the award-winning agriculture show The Impact Farming Show. This weekly video and podcast show is dedicated to introducing farmers to the people and ideas that will impact their farming operations. Join show host Tracy Brunet as she speaks to top minds and change makers about what's currently IMPACTING agriculture.    =================================

Richard Duncan is here today to discuss global macro developments as he outlines a long-term macro framework, arguing that the modern global economy has shifted from traditional capitalism to a system driven by credit expansion. He explains how, since the 2008 financial crisis, government borrowing and Federal Reserve money creation have replaced the private sector as the primary engine of growth, fueling massive asset inflation and a historic surge in wealth, but also creating an "everything bubble" highly dependent on low interest rates. Duncan warns that rising inflation could push interest rates higher and trigger a collapse in asset prices and a severe recession. Richard emphasizes that the greatest systemic risk is a contraction in credit and argues that sustained investment in innovation may be the only path to outgrow the debt burden before a long-term crisis emerges. We discuss... Richard Duncan explains his macro framework, arguing the global economy shifted from gold-backed discipline to a credit-driven system after 1968. Credit expansion, rather than productivity, has been the primary driver of economic growth for decades. Globalization and trade deficits helped suppress inflation, enabling lower interest rates and more debt growth. Following the 2008 crisis, government borrowing and Federal Reserve intervention replaced the private sector as the main engine of credit expansion. Massive stimulus and quantitative easing fueled a historic surge in asset prices and household wealth. The U.S. now faces an "everything bubble," with asset valuations stretched relative to income. War in the Middle East could drive higher energy, fertilizer, and food costs, worsening global inflation. Higher rates threaten to pop the credit-fueled bubble and trigger a significant recession. Deglobalization and reshoring manufacturing would likely be highly inflationary and destabilizing to the system. Despite high debt levels, the system can continue functioning as long as credit keeps expanding. Richard suggests a future shift from "creditism" to a new system driven by artificial intelligence and exponential gains in cognition. Gold's rise is attributed both to the broader asset bubble and declining global trust in U.S. financial dominance. Central banks are increasingly accumulating gold as a hedge against geopolitical and monetary risk. The biggest overlooked risk is a contraction in credit, which could collapse the entire economic system. Duncan argues that aggressive investment in innovation and technology is key to outgrowing the debt burden. Without continued credit expansion or productive investment, the system risks a severe long-term depression. Today's Panelists: Kirk Chisholm | Innovative Wealth Phil Weiss | Apprise Wealth Management Marc Walton | Forex Mentor Pro Follow on Facebook: https://www.facebook.com/moneytreepodcast Follow LinkedIn: https://www.linkedin.com/showcase/money-tree-investing-podcast Follow on Twitter/X: https://x.com/MTIPodcast For more information, visit the full show notes at https://moneytreepodcast.com/urgent-global-macro-development-richard-duncan-814 

This episode explores one of the most important debates in markets today: whether investors are underestimating the risk of higher inflation and overconcentrating in a narrow group of growth stocks.Richard Bernstein of Janus Henderson Investors joins Excess Returns to explain why today's environment may look more like the inflationary 1960s than the 1970s, what that means for portfolios, and why many investors may be disappointed with passive index returns over the next decade.Richard walks through the implications of rising import prices, global conflict, and deglobalization, and how these forces could drive a structural shift toward higher inflation and shorter-duration investing. He also explains why market concentration, AI enthusiasm, and capital flows may be setting up a broadening opportunity across overlooked areas of the market.Follow Rich on Twitter:https://twitter.com/RBAdvisorsCompany Website:https://www.rbadvisors.comWhy investors in S&P 500 index funds may face disappointing long-term returnsThe shift from exporting disinflation to importing inflation through global tradeHow war and geopolitical conflict are influencing inflation expectations and marketsWhy today's environment resembles the 1960s “guns and butter” period more than the 1970sThe case for structurally higher inflation and a potential shift in Fed targetsWhy shorter-duration assets, dividends, and cash flow matter more in inflationary regimesThe risks of overconcentration in AI and mega-cap growth stocksHow capital flows and valuation distortions create opportunities outside the Mag 7The case for international equities and why investors are significantly underweightWhere Bernstein sees the most compelling long-term opportunities across sectors and regions00:00 Intro and why index investors could be disappointed00:01:13 War, inflation, and the impact of rising gasoline prices00:02:40 Importing inflation and the role of global trade dynamics00:03:33 1970s oil shock vs 1960s guns and butter comparison00:05:00 Why today's inflation environment may be less severe than the 1970s00:06:30 Defense spending, tax cuts, and inflation expectations00:08:54 Why Bernstein is taking the “over” on inflation and deficits00:10:00 The case for a higher long-term inflation target00:11:00 Why the Fed may resist changing its 2% inflation target00:12:00 Deglobalization and the rise of global conflict00:14:00 Global inflation dynamics and divergence across countries00:15:21 Why cash and short-duration assets may outperform00:17:00 Asset-liability mismatches and the endowment model stress00:18:23 Market concentration and parallels to the dot-com bubble00:20:00 AI as an economic story vs an investment story00:21:00 Capital flows, valuation excess, and future return expectations00:22:39 Why market broadening opportunities may emerge00:24:19 Passive flows, ETFs, and market distortions00:25:40 Where Bernstein sees sector opportunities today00:27:34 The case for dividends in an inflationary environment00:31:00 Why near-term cash flow matters more than long-term growth00:33:07 Corporate behavior, capital allocation, and rising hurdle rates00:36:02 Profit cycle strength and why the market should broaden00:41:36 Evaluating IPOs and speculative investments00:47:09 The risk of a lost decade for index investors00:50:21 Gold, commodities, and portfolio diversification00:53:48 Most attractive overlooked opportunities today00:58:06 Biggest long-term risks and what keeps Bernstein up at night

Some grocery chains are deploying AI to slash food waste and improve profit margins, a trend that reflects a broader shift in how artificial intelligence is creating real, measurable returns in unexpected corners of the economy. We examine how AI-driven operational efficiency is becoming a competitive moat — and what it means for investors looking beyond the obvious AI plays.Today's Stocks & Topics: MNTN, Inc. (MNTN), Automatic Data Processing, Inc. (ADP), Market Wrap, Technical Indicators, Netflix, Inc. (NFLX), AI in the Aisles: How Artificial Intelligence Is Transforming Retail Profit Margins, iShares Ultra Short Duration Bond Active ETF (ICSH) vs. Money Market Accounts, Alarm.com Holdings, Inc. (ALRM), Target Corporation (TGT), Deglobalization.Our Sponsors:* Check out Anthropic: https://claude.ai/invest* Check out Pebl: https://hipebl.ai* Check out Plaud AI and use my code INVEST for a great deal: https://plaud.ai* Check out Quince: https://quince.com/invest* Check out TruDiagnostic and use my code INVEST20 for a great deal: https://www.trudiagnostic.comAdvertising Inquiries: https://redcircle.com/brands

Today's guests are Owen Lamont, a Portfolio Manager at Acadian Asset Management, and Randy Cohen, a finance and entrepreneurship professor at Harvard Business School and co-founder of PEO Partners, which is a leader in the emerging liquid Private Equity alternatives space. In today's episode, Owen Lamont and Randy Cohen begin with a deep dive into private equity, how to model it in public markets, and why investors are searching for liquid ways to access private-market-like returns. They challenge common views on concentration, market valuations, and explain how investors should think about bubbles and technological change. They also discuss whether the US stock market is Koreafying and the long-term forces that could shape the investing landscape. (0:00) Starts (0:34) Welcome Owen and Randy (5:14) Private equity overview (9:20) Liquid private equity (20:05) The US stock market is Koreafying (24:29) The IPO landscape (36:03) CAPE Ratio and AI (44:45) Best ideas investing (58:44) Deglobalization increases the benefits of diversification (1:00:36) Randy's five future fears (1:11:09) Book recommendations ----- Follow Meb on X, LinkedIn and YouTube For detailed show notes, click here To learn more about our funds and follow us, subscribe to our mailing list or visit us at cambriainvestments.com ----- Follow The Idea Farm: X | LinkedIn | Instagram | TikTok ----- Interested in sponsoring the show? Email us at Feedback@TheMebFaberShow.com ----- Past guests include Ed Thorp, Richard Thaler, Jeremy Grantham, Joel Greenblatt, Campbell Harvey, Ivy Zelman, Kathryn Kaminski, Jason Calacanis, Whitney Baker, Aswath Damodaran, Howard Marks, Tom Barton, and many more.  ----- Meb's invested in some awesome startups that have passed along discounts to our listeners. Check them out here!  ----- Editing and post-production work for this episode was provided by The Podcast Consultant (https://thepodcastconsultant.com). Learn more about your ad choices. Visit megaphone.fm/adchoices

Global trade is entering a more complicated phase. It is no longer outpacing global GDP, and the ideas that once drove seamless globalization are increasingly under pressure. In this episode, host Anirban Chowdhury speaks with Tobias Meyer, CEO of DHL Group, to cut through the rhetoric around “deglobalization” and focus on what is actually happening to trade flows and supply chains. Rather than collapsing, supply chains are being reworked—spread across more locations, stretched across longer routes, and shaped by political risk as much as cost. The conversation examines how US trade policy and intensifying strategic competition with China are influencing manufacturing choices and capital allocation. India and South Asia appear as potential beneficiaries, but not without limits imposed by infrastructure gaps, cost structures, and execution challenges. The episode also looks beyond policy, into logistics resilience, technology adoption, and the physical realities that still constrain commerce. You can follow Anirban Chowdhury on his social media: Twitter and LinkedinListen to Corner Office Conversation: Corner Office Conversation with Knight Frank’s William Beardmore-Gray and Shishir Baijal, Corner Office Conversation with Sridhar Vembu, CEO, of Zoho Corporation, Corner Office Conversation with Gunjan Soni, Country Managing Director, Youtube India, Corner Office Conversation with Elizabeth Reid, Head of Search, Google and much more. Catch the latest episode of ‘The Morning Brief’ on The Economic Times Online, Spotify, Apple Podcasts, JioSaavn, Amazon Music and Youtube.See omnystudio.com/listener for privacy information.

In this episode of Excess Returns, Graeme Forster of Orbis joins us to discuss two major research papers: Six Courageous Questions for 2026 and Sunrise on Venus. We explore how long-running global trends may be reversing, what that means for U.S. dominance, the future of international and emerging markets, the risks and opportunities created by AI and massive CapEx spending, the dollar's shifting role, and how investors should think about valuation, humility, and navigating a world where the economic “water” is changing. This conversation is packed with global macro insight, long-term investing lessons, and practical frameworks for building more resilient portfolios. Topics Covered:• Why long-term market “water” becomes invisible to investors• Self-reinforcing global cycles and how China's WTO entry reshaped the world• Signs the 25-year U.S. outperformance cycle may be breaking• How tariffs, political shifts, and corporate reforms change the global landscape• Why international and emerging markets may now offer better expected returns• Why U.S. large caps are not the entire story of American exceptionalism• How to think about valuation, margins, and discounted cash flow models across markets• The AI boom, bubbles, capital cycles, and asymmetric outcomes• How AI CapEx constraints influence winners and losers• The shifting role of the U.S. dollar and why market shocks may behave differently• Maslow's hierarchy, needs vs. wants, and the return of state-driven capital investment• Deglobalization, reshoring, and the national-security lens for investing• How to evaluate China and Taiwan inside emerging markets• Why humility is an investor's greatest edgeTimestamps:00:00 Introduction01:02 Why Orbis wrote Six Courageous Questions for 202603:44 The David Foster Wallace “water” analogy and investing06:12 How a 25-year self-reinforcing cycle powered U.S. outperformance10:12 Signs the cycle may be breaking12:00 Corporate reform and opportunity in Asia13:55 Why active share, benchmarking, and incentives distort investor behavior17:31 Decomposing S&P 500 returns: margins, valuations, fundamentals20:20 Expected returns inside and outside the U.S.22:34 Why international stocks offer richer opportunity sets24:25 Currency implications and weakening dollar dynamics26:18 American exceptionalism beyond the top 10 mega caps28:49 Where Orbis is finding value today30:25 Biotech, healthcare, and post-COVID dislocation31:05 How Orbis thinks about valuation in an intangible-heavy world32:09 Is AI a bubble or the beginning of something bigger?34:30 Game theory of AI CapEx and right-tail outcomes36:00 CapEx cycles, history, and who benefits38:00 Indirect AI beneficiaries and the SK Square example40:35 Maslow's hierarchy and the shift from wants to needs42:32 Deglobalization, national security, and domestic reinvestment44:00 Capital returning to home markets and strategic industries46:00 Can anything reverse these structural trends?48:00 Balancing bottom-up investing with macro awareness49:45 The deeper risk in emerging markets: owning vs. avoiding51:00 Valuation still matters for long-term returns52:29 Corporate behavior, dividends, and re-rating cycles53:52 How Orbis views China vs. bottom-up opportunity55:34 Why great investors must be right 90–95% of the time in decision quality58:00 One lesson Graeme would teach the average investor

Follow me @samirkaji for my thoughts on the venture market, with a focus on the continued evolution of the VC landscape.Welcome back to another episode of Venture Unlocked, the podcast that takes you behind the scenes of the business of venture capital.In this episode, I sit down with Lior Susan from Eclipse to explore his journey from building companies in the physical world to founding and scaling a unique venture firm. We discuss the importance of high-conviction investing, assembling elite teams from operator backgrounds, and staying adaptable in a rapidly shifting market shaped by technology and AI. Lior shares lessons on discipline, honesty, and the realities of venture investing, offering actionable insights for anyone interested in building resilient companies or understanding what it takes to succeed in today's venture landscape.Thanks for listening to another episode of Venture Unlocked. We hope you enjoyed our conversation with Lior. If you'd like to get Venture Unlocked content straight to your inbox, go to ventureunlocked.substack.com and sign up, or go to Apple Podcasts or Spotify and subscribe. Thanks again for listening.About Lior SusanLior Susan is the founder and managing partner of Eclipse, a venture capital firm focused on backing entrepreneurs who are building companies to transform physical industries. He began his career as a co-founder of Intucell, a software-defined networking startup that was acquired by Cisco in 2012. After that, he led the hardware investment platform Lab IX at Flextronics, deploying capital across energy storage, additive manufacturing, robotics, and wireless infrastructure. In 2015, Lior launched Eclipse to invest in startups transforming critical industries like manufacturing, logistics, supply chain, transportation, energy, and on. He draws on experience as an operator, investor, and former Israeli special forces serviceman to support founders tackling complex, real-world problems.Eclipse is a firm headquartered in Palo Alto (with a New York presence) that partners with entrepreneurs building category-defining companies in physical industries. The firm builds and invests in companies at all stages, combining hardware, software, and systems to modernize “bits and atoms.” Since its founding in 2015, Eclipse has built and backed over 100 companies and helped accelerate startups like Bedrock, VulcanForms, True Anomaly, and Cerebras — companies driving innovation in construction, digital manufacturing infrastructure, defense capabilities, and AI infrastructure.During the conversation, we discussed:* Lior's Career Path and Founding Eclipse (3:38)* Reflecting on the Fund's Origins and Initial Fundraising (6:46)* Adjusting Firm Size and Strategy as Opportunities Grow (9:49)* High-Conviction, High-Ownership Investment Approach (12:45)* Decision-Making Process and Team Dynamics (14:57)* Patterns Among Founders of Large Companies (17:27)* The Evolution of Eclipse's Value Proposition (20:23)* Operator-to-Investor Transitions and Internal Training (24:49)* Market Shifts and Macro Changes in Venture Capital (27:07)* Exit Challenges, IPOs, and Long-Term Private Markets (30:27)* Alignment Between LPs and Managers Around Exits (33:44)* Lior's Investment Lessons and Reflections on Power Law (35:17)* Thoughts on Deglobalization and Future Predictions (36:32)I'd love to know what you took away from this conversation with Lior. Follow me @SamirKaji and give me your insights and questions with the hashtag #ventureunlocked. If you'd like to be considered as a guest or have someone you'd like to hear from (GP or LP), drop me a direct message on X. This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit ventureunlocked.substack.com

In this episode, we are joined by Richard Bernstein, CIO and CEO of Richard Bernstein Advisors. We discuss why this is one of the most speculative market environments he has seen in his 40-year career, why he still believes it may also be one of the best eras for patient long-term investors, and how to think about the real opportunities hiding beneath the market's current narrow leadership. Richard breaks down his profit cycle framework, shares why investors are confusing economic stories for investment stories, and explains why non-US quality stocks and dividend strategies may be primed for a comeback.Topics covered• Speculation across asset classes and why it matters• Why fundamentals still offer big opportunities• The profit cycle vs the economic cycle• Divergence between the market leaders and the broader market• Inflation, pricing power, and corporate margins• Parallels between the AI boom and the dot-com bubble• Misallocation of capital and risks to the market• The case for non-US quality stocks• Where value investing could shine again• Dividend compounding and long-term wealth building• How RBA approaches macro-driven ETF investing• What investors are getting wrong about diversification• Deglobalization, reindustrialization, and long-term themesTimestamps00:00 Intro and speculative environment01:46 Best opportunities for patient investors03:52 Profit cycle framework explained06:00 Where we are in the profit cycle07:32 What investors are missing on inflation09:12 Lessons from the dot-com era and AI comparisons13:46 What could trigger the speculative unwind17:18 Valuations, CAPE, and return expectations20:23 AI's impact on margins and productivity22:39 Can value outperform again25:41 International opportunities and quality stocks34:31 Market breadth and narrow leadership36:00 The Fed, inflation targeting, and policy risks40:11 RBA's investment process and ETF selection47:13 Diversification vs speculation behavior49:26 Misallocation of capital and market risks52:00 Deglobalization and manufacturing opportunities54:13 Closing question: Stock market vs horse race57:40 The business Richard would start today58:29 Where to follow Richard Bernstein

In this episode, Tracy sits down with agricultural economist, strategist, and author Michelle Klieger to discuss the shifting global trade landscape and what it means for farmers. From the post–World War II rise of free trade to the Trump-era shift toward protectionism, Michelle breaks down how we got here, what's really happening in the U.S.–China trade war, and how these policies are reshaping agriculture across the world. If you've ever wondered what "Make America Great Again" means for farm markets — or how global trade politics directly affect the prices, policies, and opportunities farmers face — this episode is a must-listen.

Our strategists Daniel Blake and Tim Chan discuss how Asia is adapting to multipolar world dynamics, tech innovation and longevity trends to create new opportunities for global investors.Read more insights from Morgan Stanley.----- Transcript ----- Daniel Blake: Welcome to Thoughts on the Market. I'm Daniel Blake, Morgan Stanley's Asia Equity and Thematic Strategist. Tim Chan: And I'm Tim Chan, Morgan Stanley Head of Asia Sustainability Research and Thematic Strategist Daniel Blake: Today, how Asia is reshaping its development strategy, corporate governance, and capital markets to lead globally. It's Monday, October 6th at 8am in Singapore. Tim Chan: And it's also 8am in Hong Kong. Daniel Blake: Asia is experiencing a number of dramatic changes that are reshaping industries, even entire economies. Deglobalization, supply chain shifts, frenetic investment in AI and looming disruption from the adoption of the technology, rapid energy transformation, and the transition to super aged populations as longevity drives investment in innovative healthcare and better nutrition are just some of the overarching themes. Asia's transformation is a story every global investor needs to follow and look for opportunities in. Tim Chan: So, what are the overarching themes, when you look at Asia Pacific? For example, what are the key themes that you're seeing in terms of driving the equity return and the market trend that you're seeing? Daniel Blake: We're approaching the Asia thematic opportunity from the framework of a competitive reinvention. It's competitive because this is deeply rooted in the cultural and business norms across much of the region, which has had an export focus through the modernization process in Japan, and more broadly with the emergence of the Asia Tigers. But we're seeing this competition really stepping up another notch. As countries look at how they can take market share in emerging technologies, and also this overarching competition between the U.S. and China, which sits at the heart of the multipolar world theme we've been laying out in recent years. We're also seeing a reinvention of development strategies of corporate governance frameworks and of capital markets to try to better improve the financial supply chain, to see the capital raising the capital allocation process improved and ultimately drive better returns for an aging population. So, Tim, you've been very focused on the corporate governance improvements that were seen in much of the region. Take us through what you think is most compelling and most important for investors to note. Tim Chan: I think governance reforms is a really key thing for Asia Pacific. Take an example in Japan, in the past we have done some correlation analysis between the major governance factors and what are driving the return. What we have found is that, first of all, there is a significant alpha potential from online companies with leading governance metrics and also companies that may improve their governance metrics over time. So, if we look at the independence of board of directors as an example. There is a positive correlation between the total return and also the independence in Japan market. And overall, we are seeing a major government improvement. As Daniel you have mentioned, China, Korea, India, and Singapore, and Japan as well – all these markets together account for over 70 percent of the market cap in MS Asia Pacific in index. So that's why, we think the governance reform is really driving the return of Asia Pacific as a whole. Daniel, after talking about the governance reform and capital market reform, I know multipolar level is also a key theme for Asia Pacific. So, what you are seeing in terms of multipolar level in Asia Pacific? Daniel Blake: So, the multipolar world theme has come back to the foreground in 2025 as trade tensions have risen, as deal making has been struck or attempted. And we've seen the concept of weaponized interdependence really being proven out in the second quarter of 2025, as China has been in recent years, implementing frameworks for export controls and leverage these quite effectively. So economic security initiatives have come back to the focus for investors. Over recent years, we've seen a number being set up across the region, including Japan's Economic Security Promotion Act, the Self-Reliant India framework, and South Korea's Supply Chain Stabilization Act, as well as Australia's National Reconstruction Fund. So, we see a number of investment opportunities flowing from these reforms. Ultimately the critical mineral and permanent magnet supply chain is very much in focus, but we're also expecting to see semi localization. So, semiconductor localization efforts are continuing to drive investment and activity. Naturally, defense has been a key area of focus for investors in 2025, and overall we see defense spending rising in Asia from 600 U.S. billion dollars in 2024 to [$]1 trillion in 2030.So, Tim, the energy security theme fits as part of this overall future of energy theme that you've been exploring with the team. How do you see this intersection with the multipolar world and what are the key investment opportunities? Tim Chan: For the future of energy, I think the energy story is really at the core of Asia multipolar world positioning. Take an example, we are seeing for Southeast Asia, the region is importing gas from U.S., and then also Korea and Japan are also trying to export their nuclear technology to the Western world as well. I think all these have a part to play in the multipolar world; but at the same time, they are also crucial for these countries to meet their own energy target and strategy. In Asia Pacific, when we look at the future of energy, there are a few driving force[s]. One is the very strong growth of renewable energy. Take an example, in India, we are seeing a huge CapEx going into the renewable energy sector and solar sector as well. China is already the biggest market in solar panel. Then also Korea and Japan are developing their nuclear capacity as well. And as I have mentioned, they also export their nuclear technology to the Western world. So, I would say, these Asian countries are balancing the multipolar world priorities with their future of energy target as well. And then there were also lots of opportunities between these dynamics; I will highlight two examples. One is a nuclear renaissance thesis that we have written extensively in the past two years. We have highlighted Japan and Korea being the key beneficiaries under this multipolar world and future of energy dynamics. And then the other would be the gas globalization in Southeast Asia or ASEAN region, where we see opportunities in the gas distributor, gas infrastructure in Southeast Asia. And then gas is going to be much more important when it comes to the energy, security and transition agenda in Southeast Asia region. So we are seeing lots of development in the future of energy in Asia Pacific. But when it comes to the other big theme that is AI. Asia Pacific is also a leader in a global AI race. So, Danny, what are the most reputable trend that you're seeing on a national or regional level? On tech diffusion and AI in Asia Pacific? Daniel Blake: So, the concept of competitive reinvention also is useful in understanding Asia's response to AI and technology diffusion. So, we've seen China in particular, looking to strengthen its position in the development phase of new technologies. And we're also seeing on the export competition front, more incentives to compete for the next phase of supply chain diversification. We're also seeing the emerging class of China MNCs that are sitting at the heart of our China Emerging Frontiers research. And another key area of discussion and research for us is understanding China's unique AI path. Where we're seeing more of a focus on policy makers and corporates playing to strengths in terms of power, data and talent, given the shortages of compute, and at the same time wanting to pursue a localization strategy over the medium term. On the technology front, we think the India stack is also still underappreciated as a digital enabler of opportunities in the New India. And then more broadly, we are looking for companies that we see in Asia that will prove to be AI adoption leaders. So, this underpins a really another key work stream for us in identifying opportunities from AI and tech diffusion into the region. So, Tim, how about when we turn to the theme of longevity, what are the key investment opportunities you see in Asia Pacific? Tim Chan: First of all, let's look at China. So, China is entering a super age society and by 2030, China's elderly population will hit 260 million. So that is a big number, which accounts for 18 percent of the population. And Japan as well, and Korea as well. Korea is already entering the super aged society. And then there have been reform program on healthcare, financial system pension and labor market in order to support these, old aging population. And for Japan, the focus is really on not just living longer but also living more healthy. Take an example, we have done some reports on the healthy food industry in Japan. And how different companies are providing affordable, healthy food to consumer. And we think that will create opportunities for investor, if they would like to look into longevity as a theme. Overall, we are seeing new market in healthcare, pharmaceutical, and affordable healthy food, as well as the reform in the wealth management and pension system that will create opportunities in the financial market as well. And the longevity economy and or the silver economy is becoming a big theme for Asia Pacific for a long time to come. Daniel Blake: Tim, thanks for taking the time to talk. Tim Chan: Yeah, great speaking with you, Daniel. Daniel Blake: And thanks for listening. If you enjoy Thoughts on the Market, please leave us a review wherever you listen and share the podcast with a friend or colleague today.

In this episode of Pekingology, CSIS Senior Fellow Henrietta Levin is joined by Dinny McMahon, Head of China Markets Research at Trivium China, and Andrew Polk, Co-Founder and Head of Economic Research at Trivium China. Dinny and Andrew discuss their new Freeman Chair report,China's Economic Transition: Debt, Demography, Deglobalization, and Scenarios for 2035. The conversation unpacks the structural challenges facing China's economy, why the next decade will be decisive in whether China can escape the middle-income trap, and who really matters when it comes to economic policy-making in Beijing.

Robin Brooks is a senior fellow at the Brookings Institution. Robin returns to the show to discuss his previous appearance in March of 2020, life at a think tank, the changing or not-so-much status of the dollar, Trump's trade war, the current landscape of geoeconomics and much more. Check out the transcript for this week's episode, now with links. Recorded on August 7th, 2025 Subscribe to David's Substack: Macroeconomic Policy Nexus Follow David Beckworth on X: @DavidBeckworth Follow Robin on X: @Robin_J_Brooks Follow the show on X: @Macro_Musings Check out our Macro Musings merch! Subscribe to David's new BTS YouTube Channel  Timestamps 00:00:00 - Intro 00:00:50 - Looking Back at the Pandemic War and Fiscal Dominance 00:07:07 - Robin's Career: From Wall Street to Think Tank 00:18:53 - The Status of the US Dollar 00:27:28 - The Trade War 00:32:40 - Deglobalization 00:39:29 - Geoeconomics 00:47:28 - Secondary Sanctions 00:55:23 - Outro

“Deglobalization is a nice soundbite, but the reality is, we need more focus on risk management and mitigation.” – Philip Ideson, Co-Founder and Managing Director, Art of Procurement Deglobalization is a hot topic right now, but behind the big headlines and boardroom buzzwords, real change is proving to be slow, complicated, and deeply influenced by geopolitics and regulation.  Are companies really bringing supply chains home, or is the story much more nuanced? In this episode, Art of Procurement co-hosts Philip Ideson and Kelly Barner get candid on what's behind deglobalization: from shifting away from China and the reality of “diversifying in name only,” to why risk management and local expertise matter now more than ever.  They discuss why many global supply strategies often move in cycles, and what procurement leaders can do to shape smarter, more resilient portfolios (despite increasing uncertainty). In this episode, Philip and Kelly cover: How to reframe deglobalization beyond the headlines and signal real risk Why China +1 isn't always the diversification strategy it seems The value of local presence in mitigating global risk How to connect cost, optionality, and stakeholder alignment for practical deglobalization Which supply chain trends are actually moving (and which are just noise) Links: Subscribe to This Week in Procurement Subscribe to Art of Procurement on YouTube  

Join Bob Johnston on 'Being Catholic' as he navigates the shifting tides of global tension and change. In this episode, Bob, accompanied by his wife, Lynn, delves into the current global transition from an era of globalization to one of deglobalization, exploring its profound implications on society and the Catholic Church. The episode also touches on the increasing conversion of young people, particularly men, to Catholicism, driven by a search for stability, tradition, and solid, longstanding dogmas. Within this context, Bob shares insights from First Things magazine, highlighting the changing geopolitical landscape and its impact on America's social fabric. Moreover, the discussion encompasses the spiritual rejuvenation accompanying these societal shifts, emphasizing the pivotal role of Catholicism in providing the unwavering beliefs and community sought by those yearning for a return to a more structured and empowering faith.  

Macro strategist Mike Medeiros joins host Amar Reganti to dissect the Trump administration's policy moves to date and what they may mean for the US economy going forward.2:35 - What would happen under full tariffs?4:20 - Historical path to deglobalization5:45 - Impact of tariffs on inflation and growth9:00 - Has DOGE been effective?10:55 - Reconciliation bill trajectory and effects16:00 - What are policymakers missing?

In this week's episode of The Impact Farming Show, Tracy speaks with Damian Mason on “The Next Farm Crisis: Tariffs, Trade Wars, Land Bubbles, Oversupply & Deglobalization.” Does history repeat itself?  Well, it may not repeat itself exactly, but our current economic environment is showing many similarities to the farm crisis of the 1970s and 1980s. Don't miss this thought-provoking conversation.  Conversation Time Stamps [0:00] - Introduction [1:40] - Is agriculture history repeating itself, with similarities from the 70s and 80s? [3:39] - The political, economic, trade, and productive climates are very similar to the 70s and 80s.  [3:45] - Anyone in agriculture that is around 40 year olds only knows the golden age of North American agriculture. This is dangerous. [4:10] - 80's were terrible. Damian shares about the 80s land values dropping, farm bankruptcies and farms so far upside down that the bank refused to foreclose. [6:17] - So, are we as bad as the 1980s? No, but Damian makes some startling comparisons that will raise a few eyebrows.  [6:20] - What got us into the 80s farm crisis? Inflation, global strife, trade fights, oversupply, and uncertainty. We are facing all the same economic conditions right now. [8:31] - The World is vastly oversupplied, and this is being reflected in price and trade wars. [9:07] - Asset run-up is another factor. Land is at near record highs, as it was in the 1980s. [9:54] - Supply and demand. Tracy asks, “Are we still feeding a growing World, Damian?” [11:18] - Industrialization, innovation, and incredible yield advancement have outpaced population growth. [12:20] - North American 20 to 25 year “up cycle” in demand for agriculture products. [12:54] - We have reached productive capacity, and population growth is heading towards decline. [15:40] - Misleading messaging to farmers. “Feeding the growing World” is no longer accurate and is a dangerously misleading statement for farmers considering farm growth or not. [18:40] - PIK program from the 80s. Subsidizing farmers to reduce agricultural production in dairy, corn, etc. [19:36] - Vastly oversupplied right now. This is a similar tune to 80's over supply. [20:00] - Caution to 40 and 50-year-old farmers on future agriculture and farm growth. [22:38] - “If you got the dirt, you cannot get hurt.” A younger generation is banking on land, which could never possibly decrease in value. [24:40] - Are we in a very different time in history? Attempting change of World powers. [26:07] - Deglobalization versus globalization. [27:28] - Trade wars, protectionism, tariffs, and de-globalization are one interconnected conversation. [28:30] - European agriculture protectionism. [29:50] - USA protectionism. Started long before Trump.  [31:00] - Canadian protectionism: Canadian poultry and dairy supply management is protectionism. Pros and cons. [34:00] - Damian predicts supply management is coming to American agriculture. [36:40] - So what's the answer? [37:00] - Just open new markets. The consumers are already being fed. No one is going unserved. [38:00] - We are now all fighting for the same consumer. No new consumers. [39:00] - Is this the new normal? What do farmers need to have on their radar? [39:30] - Damian predicts indefinite trade spats for the foreseeable future.  [44:00] - Damian, what advice would you give to a 28-year-old young farmer who wants to expand the farm? If you want a thought-provoking and non-mainstream conversation, don't miss this episode! Thanks for tuning in, Tracy =================================

In this episode, Sarah Williamson speaks with Brookfield's Connor Teskey on several key trends affecting the global economy, investment strategies, and the role of private capital in shaping the future, ranging from technological advancements and decarbonization to the growing importance of private real assets. This discussion offers valuable insights into the opportunities and challenges investors face in a rapidly changing global landscape.Topics include:[00:05:00]– The role of technology in investment and AI's emerging influence on industries like energy, transportation, and manufacturing.[00:09:30]– Renewables, particularly onshore wind, solar, and battery storage as the dominant low-cost energy solutions, and the geopolitical benefits of domestic renewable energy sources.[00:19:00]– Short-term vs. long-term investment horizon and the stability of real assets during periods of market volatility.[00:24:00]– Liquidity in real assets, and the growing investor interest in real assets for their inflation-hedging and stabilizing qualities.[00:28:00]– Growth of private capital, particularly the shift towards partnerships with large corporations.[00:34:00]– Future trends in asset allocation, market volatility, and how private markets will continue to expand.

Strategists Thomas Mucha and Nick Wylenzek discuss the regime shift in European markets, focusing on deglobalization, tighter monetary policy, and increased government intervention. They explore the impacts on sectors like defense, energy, and the evolving relationship with China.Key topics:1:45 - Unpacking the European economic regime shift7:00 - Alpha potential of European markets9:15 - National security concerns among EU governments12:50 - A potential NATO split?15:20 - Sector outlooks for European equities16:45 - Europe and China relations

In this week's Talking Wealth podcast, Fil discusses deglobalization and how this dynamic will directly impact Australia's high interest rates in the future. This is not the first time the world has deglobalized and while history may not exactly repeat itself, it will have a significant impact. He also shares what you need to do to thrive in this environment.

ชมวิดีโอ EP นี้ใน YouTube เพื่อประสบการณ์การรับชมที่ดีที่สุด ชัดเจนแล้วว่า ‘โดนัลด์ ทรัมป์' คือประธานาธิบดีคนที่ 47 ของสหรัฐอเมริกา พร้อมด้วยชัยชนะทั้งสภาสูงและสภาล่าง ทั้งหมดยิ่งสะท้อนให้เห็นว่านโยบายต่างๆ ของทรัมป์จะเกิดขึ้นอย่างรุนแรงและรวดเร็ว อย่างไรก็ตาม นัยสำคัญของเหตุการณ์นี้กลับมีมิติอันหลากหลายที่ต้องทำความเข้าใจไม่ว่าจะเป็น ชัยชนะที่สะท้อนการหวนคืนของกระแสความคิดปีกขวาแห่งศตวรรษที่ 21 หรือการอยู่บนโลกใหม่ที่สวนทางโลกาภิวัตน์ นำไปสู่กำแพงภาษีและการกีดกันทางการค้า  Executive Espresso เอพิโสดนี้ ชวนคุณอ่านอนาคตโลกและผลกระทบต่อไทยหลังชัยชนะของ โดนัลด์ ทรัมป์ กับ ศาสตราจารย์กิตติคุณ ดร.สุรชาติ บำรุงสุข พร้อมด้วย ดร.ปิยศักดิ์ มานะสันต์ หัวหน้านักวิจัยเศรษฐกิจ ฝ่ายกลยุทธ์การลงทุน บริษัทหลักทรัพย์ อินโนเวสท์ เอกซ์ จำกัด เพื่อให้คุณก้าวทันความเปลี่ยนแปลงทั้งมิติของภูมิรัฐศาสตร์ ตลาดเงิน ตลาดทุน และคว้าโอกาสในโลก Deglobalization

ชัดเจนแล้วว่า ‘โดนัลด์ ทรัมป์' คือประธานาธิบดีคนที่ 47 ของสหรัฐอเมริกา พร้อมด้วยชัยชนะทั้งสภาสูงและสภาล่าง ทั้งหมดยิ่งสะท้อนให้เห็นว่านโยบายต่างๆ ของทรัมป์จะเกิดขึ้นอย่างรุนแรงและรวดเร็ว อย่างไรก็ตาม นัยสำคัญของเหตุการณ์นี้กลับมีมิติอันหลากหลายที่ต้องทำความเข้าใจไม่ว่าจะเป็น ชัยชนะที่สะท้อนการหวนคืนของกระแสความคิดปีกขวาแห่งศตวรรษที่ 21 หรือการอยู่บนโลกใหม่ที่สวนทางโลกาภิวัตน์ นำไปสู่กำแพงภาษีและการกีดกันทางการค้า Executive Espresso เอพิโสดนี้ ชวนคุณอ่านอนาคตโลกและผลกระทบต่อไทยหลังชัยชนะของ โดนัลด์ ทรัมป์ กับ ศาสตราจารย์กิตติคุณ ดร.สุรชาติ บำรุงสุข พร้อมด้วย ดร.ปิยศักดิ์ มานะสันต์ หัวหน้านักวิจัยเศรษฐกิจ ฝ่ายกลยุทธ์การลงทุน บริษัทหลักทรัพย์ อินโนเวสท์ เอกซ์ จำกัด เพื่อให้คุณก้าวทันความเปลี่ยนแปลงทั้งมิติของภูมิรัฐศาสตร์ ตลาดเงิน ตลาดทุน และคว้าโอกาสในโลก Deglobalization

State Street Chairman & CEO Ron O'Hanley discusses deglobalization and catering to Middle Eastern clients with Bloomberg's Joumanna Bercetche in Riyadh.See omnystudio.com/listener for privacy information.

Unlock the secrets of financial markets and discover how macro hedge fund liquidations can trigger market downturns and rallies. Hear from Dan Gallagher, a finance veteran with 50 years of experience, who shares his invaluable insights as a coach for financial advisors. Learn why expertise in taxes could be more vital than investment knowledge for high net worth clients, and understand the hurdles financial advisors face in growing their clientele.Explore the seismic shift from globalization to deglobalization and its disruptive effects on financial markets. We traverse the history from the Bretton Woods Agreement to today's complex yen carry trade. Delve into Japan's unique economic circumstances and the potential cataclysms that rising interest rates might unleash. Speculate on the future of currencies and the provocative idea of bartering systems as the world adapts to deglobalization.Prepare yourself for uncertain times with expert strategies from Danny, a specialist in trader strategies. Understand the intricate dynamics of global finance, from Japan's influence on the S&P 500 to the strategic maneuvers of central banks like the Federal Reserve and the Bank of Japan. Gain actionable insights on asset allocation, the role of gold, and the importance of cautious investment. Plus, get to know Danny's journey into social media and how you can connect with him for tailored coaching advice.The content in this program is for informational purposes only. You should not construe any information or other material as investment, financial, tax, or other advice. The views expressed by the participants are solely their own. A participant may have taken or recommended any investment position discussed, but may close such position or alter its recommendation at any time without notice. Nothing contained in this program constitutes a solicitation, recommendation, endorsement, or offer to buy or sell any securities or other financial instruments in any jurisdiction. Please consult your own investment or financial advisor for advice related to all investment decisions. Sign up to The Lead-Lag Report on Substack and get 30% off the annual subscription today by visiting http://theleadlag.report/leadlaglive. Support the show

Globalization has allowed us (meaning humans as a species) to make some of the worst lands farmable, inhabitable, and even prosperous. But what happens to global food exports when globalization ends? Full Newsletter: https://mailchi.mp/zeihan/deglobalizations-impact-on-global-food-exports

The financial industry grapples with the question of who should bear the cost of scam-induced fraud losses: consumers or banks. Authorized push payment (APP) fraud presents unique challenges for fraud detection systems, as victims unwittingly authorize transactions. Financial institutions are implementing advanced technologies and strategies to combat these scams, while regulators explore new policies to protect consumers and hold banks accountable in the evolving digital banking landscape. Today's Stocks & Topics: SNOW - Snowflake Inc., Market Wrap, SWK - Stanley Black & Decker Inc., BROS - Dutch Bros Inc., Fraud Detection: Who Should Cover Scam Losses—Banks or Consumers?, CELH - Celsius Holdings Inc., Key Benchmark Numbers and Market Comments for: Treasury Yields, Gold, Silver, Oil and Gasoline, Annuities, Fossil Fuel, NEM - Newmont Corp., Deglobalization, REPX - Riley Exploration Permian Inc., JXN- Jackson Financial Inc., GD - General Dynamics Corp.Our Sponsors:* Check out Moorings: moorings.com* Check out eBay Auto: www.ebay.comAdvertising Inquiries: https://redcircle.com/brandsPrivacy & Opt-Out: https://redcircle.com/privacy

Bitcoin & Markets: Macro, money, geopolitics and news Thanks for listening. If you are reading this, hit the like and subscribe button in your podcast app or on Youtube or Rumble!  Links Report https://www.bitcoinandmarkets.com/r298/ Full write up and charts https://bitcoinandmarkets.com/e384 YouTube: https://www.youtube.com/@btcmarketupdate Rumble: https://rumble.com/c/BTCandMarkets Twitter https://twitter.com/AnselLindner Telegram https://t.me/bitcoinandmarkets FREE weekly newsletter https://tinyurl.com/2chhbnff Value 4 Value: Fountain app: https://www.fountain.fm/show/vDnNMS9zY6Ab2ZAMsMJ2 Strike: https://strike.me/ansellindner Cash App: https://cash.app/$AnselLindner --- Disclaimer: The content of Bitcoin & Markets shall not be construed as tax, legal or financial advice. Do you own research. https://bitcoinandmarkets.com/disclaimer/ #bitcoin #macro #geopolitics

This episode of the Mobile Dev Memo podcast is a spoken essay and not an interview. In the episode, I discuss the European Commission's preliminary finding that Meta's use of the "Pay or Okay" model violates the Digital Markets Act, and I relate that decision to the broader trend of digital deglobalization.

Deglobalization, reglobalization, decoupling, de-risking, reshoring friend-shoring, export bans, tariffs and sanctions - is global trade going into reverse, or simply into a new phase? As the World Economic Forum hosts the Annual Meeting of the New Champions in China, we ask an expert about the state of global trade and where it might be heading. Guest: Simon Evenett, founder of the . Links: Annual Meeting of the New Champions - Next Frontiers for Growth, 25–27 June, 2024, Dalian, China: Geopolitical Rivalry and Business: 10 Recommendations for Policy Design: Forum's Global Future Council on the Future of Trade and Investment: Centre for Regions, Trade & Geopolitics: Related podcasts: Check out all our podcasts on : - - : - : - : Join the :

In this Business English News lesson on the trend toward deglobalization, we look at business English vocabulary related to economics and global trade. The past few years have been a very interesting time for the world economy. A pandemic has exposed the vulnerabilities of global supply chains. Geopolitical tensions around the world have intensified, stoking […] >>> The post Business English News 56 – Deglobalization first appeared on Business English Pod :: Learn Business English Online.

In this episode of "The Patti Brennan Show," host Patti Brennan continues her conversation with Johanna Kyrklund, Chief Investment Officer at Schroders, who shares her insights on the economy and the paradigm shift known as the 3D Reset. This is part 2 of a two-part series.  Kyrklund discusses the three key trends shaping the economic landscape: demographics, decarbonization – focused on climate change, and deglobalization. She explains how these factors are leading to a new investment regime characterized by a shift in the trade-off between growth and inflation. Kyrklund points out that interest rates are fundamental to how everything is priced in the financial world, which results in big implications on how investors will manage their money.  Patti and Johanna also discuss proper asset allocations between US and International investment tools based on the 3D Reset.

In his second appearance on the podcast (the first was December 6, 2022), Peter Zeihan, a geopolitical strategist and the author of four books, including most recently, The End of the World is Just the Beginning, talks about deglobalization, demographics, and why he still believes “the American system will thrive.” In addition, he discusses the catastrophic decline of Germany's industrial sector, the “exorbitant privilege” the U.S. dollar has as the world's reserve currency, and why, in his view, China is facing “national oblivion.” (Recorded February 22, 2024.)

Simply Wall St Market Insights for the week ending 28th January 2024. To read the full article: ⁠Mexico: The Deglobalization Winner Of 2024 Create a ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠FREE account for Simply Wall St⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ to get access to these insights, and fundamental analysis on tens of thousands of stocks all over in the world! Our 6-part "⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠How to invest like the best⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠" series.

In this episode we review our outlook article Geopolitical Risk Dashboard: A New World, which appears in our report Outlook 2024: Embracing Change (report, video, and webinar replay). To read this week's Sight|Lines, click here.  The views expressed in this podcast may not necessarily reflect the views of Stifel Financial Corp. or its affiliates (collectively, Stifel).  This communication is provided for information purposes only.  Past performance does not guarantee future results.  Investing involves risk, including the possible loss of principal.  Asset allocation and diversification do not ensure a profit or protect against loss.  © Stifel, Nicolaus & Company, Incorporated | Member SIPC & NYSE | www.stifel.com See omnystudio.com/listener for privacy information.

Embark on a riveting exploration of America's monetary evolution and the Secret Service's pivotal role in it. This episode peels back the curtain on the transition from a gold-backed currency to our modern-day fiat system, guided by critical legislation and the Secret Service's expanding mandate. We delve into the allegorical "The Wizard of Oz" to shed light on economic debates that still resonate today. Let's navigate the murky waters of political apathy and dissect why the major political parties seem to be floundering with their base in an all-important election year, examining internal strategies, candidate squabbles, and the potential for alliances in the ever-dynamic political landscape.Uncover the historical shift from state bank-issued currency to centralized fiat money, under the watchful eye of the Secret Service. We trace the origins from the National Banking Acts and the birth of the IRS to the agency's adaptation post-presidential assassinations, which altered its course. The episode illuminates the intersection of protection and promotion of U.S. currency, capturing the essence of our move away from sound money principles. At the heart of this chapter is the enduring power play between personal freedom and financial regulation, scrutinizing the implications of hiring new IRS agents and the vital need for a shield against overreach.Prepare for lift-off as we preview our upcoming UFO series and share tantalizing tidbits from our exclusive interview with Don Jeffries. His insights from his latest book promise to elevate the weekend with a touch of the unexplained and unexplored. Monday brings the wise wolf golden crypto show, ensuring your podcast playlist remains charged with provocative and enlightening discussions. From uncovering the extraordinary to challenging the status quo, this weekend release with Arterburn News at the helm is your ticket to the forefront of thought-provoking content.

Deglobalization, the need for affordable housing, and post-COVID "new normal" trends in how we live, work, and play are shaping today's real estate business. In this episode, Brookfield veterans Brian Kingston, the Chief Executive Officer of Brookfield's Real Estate business, and Lowell Baron, President and Chief Investment Officer of Brookfield's Real Estate Group, help unpack the lay of the land on the real estate industry, what's driving growth, and what the future of the business looks like.Please read this disclaimer (http://brookfield.com/podcast-disclaimer) before listening.

A surprise to the upside has continued to delight investors and confound experts throughout 2023. But despite the current giddy growth, gathering headwinds are likely to bring the economy back to a more rational place in the new year. In this episode of 3D Report, Chief Investment Officer Ryan Caldwell and Chief U.S. Economist Lara Rhame examine the yield curve, household spending, movements in Washington and more to tell us where markets are at the end of Q4 and what investors could see in Q1 and beyond.

In a year of mixed economic signals, Curtis Dubay, Chief Economist at the U.S. Chamber of Commerce, offers some clarity and what businesses can expect in 2024. We discuss the current and future job market—and AI's role in it. Plus, the impact of deglobalization. In this episode:Are recession fears receding?Reconciling a strong job market with tech industry layoffsWorkforce shortagesWhat will the future workforce look like?Deglobalization's impact on businessesLeveraging AI to fill a workforce shortageHow businesses will manage riskU.S. tax and regulatory environment impact on 2024Causes of current inflationEconomic outlook for 2024 and 2025Don't forget to check out our new video podcast, This is AI:Apple Podcasts: https://podcasts.apple.com/us/podcast/this-is-digital/id1648757398YouTube: https://www.youtube.com/playlist?list=PLsJ11mYrTYBGJrQGWBV-W5lLtlpScia1z

If you've read my latest book, you know that a driving force behind deglobalization is the US Navy stepping away from its role as patroller of the world's oceans. Full Newsletter: https://mailchi.mp/zeihan/deglobalization-the-us-navys-withdrawl-as-global-protector

The fast approaching federal government shutdown is top of mind on this week's podcast. Mark and Cris consider how the shutdown may play out and the economic consequences. Two other colleagues, Steve Cochrane and Stefan Angrick, then join the conversation to assess the all important Chinese and Japanese economies. Are the economic fortunes of these two massive economies flip-flopping?For China and Japan: Facing History, a book outlining the strained historical relationship between these two countries, click hereFollow Mark Zandi @MarkZandi, Cris deRitis @MiddleWayEcon, and Marisa DiNatale on LinkedIn for additional insight.

Aug 29, 2023 – FS Insider speaks with banking and derivatives expert Satyajit Das, named by Bloomberg as one of the most influential thinkers in finance, to discuss the longer-term geopolitical forces driving both deglobalization...

Chase pinch hits for Rob in CI's weekly update with Jacob. Chase offers a sober take on inflation, before Jacob and Chase explain their bullishness on natural gas and energy in general for the rest of the year. They close with an examination of Japan's recent moves – and explore how deglobalization is affecting both Japan and China in tandem.--Timestamps:(00:00) - Introduction(01:20) - Inflation(10:08) - Jerome's Take(15:05) - Chinese Deflation(20:00) - Higher Commodities(22:30) - Natural Gas(33:50) - Coal(42:00) - Cannabis(43:40) - Telecom and 5G(45:16) - Japan Update(56:13) - China and Japan's Relationship(01:00:30) - China's Economy--CI LinkedIn: https://www.linkedin.com/company/cognitive-investments/CI Website: https://cognitive.investmentsCI Twitter: https://twitter.com/CognitiveInvestJacob LinkedIn: https://www.linkedin.com/in/jacob-l-s-a9337416/Jacob Twitter: https://twitter.com/JacobShapSubscribe to the Newsletter: https://investments.us17.list-manage.com/subscribe?u=156086d89c91a42d264546df7&id=4e31ca1340--Cognitive Investments is an investment advisory firm, founded in 2019 that provides clients with a nuanced array of financial planning, investment advisory and wealth management services. We aim to grow both our clients' material wealth (i.e. their existing financial assets) and their human wealth (i.e. their ability to make good strategic decisions for their business, family, and career).--Referenced In The Show:--Disclaimer: Nothing discussed on Cognitive Dissidents should be considered as investment advice. Please always do your own research & speak to a financial advisor before putting your money into the markets.This podcast uses the following third-party services for analysis: Chartable - https://chartable.com/privacyPodtrac - https://analytics.podtrac.com/privacy-policy-gdrp

If you are looking for financial advice, that's not what I do.  But I do share with people what I'm doing from a holistic position on my own investments, and this episode will cover some major strategic shifts I'm doing in light of new technologies and changing macro dynamics.  So settle back and relax and I'll share what I'm looking down the barrel at.

If you are looking for financial advice, that's not what I do.  But I do share with people what I'm doing from a holistic position on my own investments, and this episode will cover some major strategic shifts I'm doing in light of new technologies and changing macro dynamics.  So settle back and relax and I'll share what I'm looking down the barrel at.

If you are looking for financial advice, that's not what I do.  But I do share with people what I'm doing from a holistic position on my own investments, and this episode will cover some major strategic shifts I'm doing in light of new technologies and changing macro dynamics.  So settle back and relax and I'll share what I'm looking down the barrel at.

If you are looking for financial advice, that's not what I do.  But I do share with people what I'm doing from a holistic position on my own investments, and this episode will cover some major strategic shifts I'm doing in light of new technologies and changing macro dynamics.  So settle back and relax and I'll share what I'm looking down the barrel at.

Analysts cited a ”‘rapidly deteriorating operating environment” despite regulators' efforts to shore up the industry.(They say that other institutions with unrealized losses or uninsured depositors still could be at risk.) Today's Stocks & Topics: SCHP - Schwab U.S. TIPs ETF, SVOL - Simplify Volatility Premium ETF, ORI - Old Republic International Corp., WRB - W.R. Berkley Corp., IP - International Paper Co., CCL - Carnival Corp., Shale Industry, Gold & Silver, The Fed and Interest Rates, STLD - Steel Dynamics Inc., Deglobalization.Advertising Inquiries: https://redcircle.com/brandsPrivacy & Opt-Out: https://redcircle.com/privacy

For a period of time, going global just seemed to make sense. But with China's rise, Covid-19, and the war in Ukraine, words like “localnomics,” “friends-shoring,” and “decoupling” have helped codify a growing movement that calls for less interdependence between economies. Those in favor of a more “deglobalized” system of trade argue that it is not only more environmentally friendly and responsive to regional needs, but also less of a driver of income inequality. Indeed, globalization's three-decade trend of trade growing at twice the speed of the world economy has not lifted all boats, they argue. For many, including middle income populations in the industrialized west, it has backfired. Deglobalization is a welcome a shift. Others disagree. Globalization's virtues are unmistakable, they say, resulting in less poverty and higher incomes across the world. People once cut off from markets benefit from new connections in commerce, culture, and communications. For them, it has not backfired. In fact, in the face of political challenges and volatile markets, more regionally-focused trade constitutes a dangerous circling of the wagons. In this context, we ask the question: Has Globalization Backfired?    John Donvan, Host and Moderator, Intelligence Squared U.S.   Arguing “YES” – Rana Foroohar, Global Business Columnist, Financial Times; Author, “Homecoming: The Path To Prosperity In A Post-Global World”     Arguing “NO” – Parag Khanna, Founder & CEO of Climate Alpha and Founder & Managing Partner of FutureMap Learn more about your ad choices. Visit megaphone.fm/adchoices