b'
Dario Perkins joins Alan Dunne in this episode for an insightful and thought-provoking discussion on the global economic outlook. Dario outlines how many economists and strategists misdiagnosed the global economy coming into 2023 by assuming it was in a typical business cycle which was not the case. The conversation delves into the subtle structural shifts which are underway in the global economy including a shift higher in inflation with 2% now a floor whereas previously it was a ceiling, the shift towards more active industrial policy and the politically driven changing super cycle away from neoliberalism. What this points to is greater volatility in inflation, a secular bear market in bonds, a more positive outlook for value versus growth and a shift in the bond equity correlation as stagflationary episodes are more frequent.
-----
EXCEPTIONAL RESOURCE: Find Out How to Build a Safer & Better Performing Portfolio using this FREE NEW Portfolio Builder Tool
-----
Follow Niels on Twitter, LinkedIn, YouTube or via the TTU website.
IT\\u2019s TRUE ? \\u2013 most CIO\\u2019s read 50+ books each year \\u2013 get your FREE copy of the Ultimate Guide to the Best Investment Books ever written here.
And you can get a free copy of my latest book \\u201cThe Many Flavors of Trend Following\\u201d here.
Learn more about the Trend Barometer here.
Send your questions to info@toptradersunplugged.com
And please share this episode with a like-minded friend and leave an honest Rating & Review on iTunes or Spotify so more people can discover the podcast.
Follow Cem on Twitter.
Follow Dario on Twitter.
Episode TimeStamps:
\\ufeff02:29 - Introduction to Dario Perkins
07:18 - Why is this cycle so different?
12:27 - Where are we now?
17:40 - Have we seen the full extent of the cycle?
23:16 - How is Europe vulnerable to the tightening from ECB?
26:37 - A sticky inflation
28:35 - Why have we seen a big jump in bond yields?
32:52 - A concern for real-estate?
38:03 - What is the next decade going to look like?
46:21 - Are central bankers bluffing?
51:15 - Will there be limits'