Secular Outlook 2026: A CIO Perspective on the Forces Shaping the Decade Ahead

About this episode

Hannah Wise interviews Yves Bonzon about the secular outlook for the decade ahead, discussing interest rates, AI investments, and geopolitical risks.

In this final episode of the Beyond Markets Podcast, Hannah Wise sits down with Yves Bonzon, Group Chief Investment Officer at Julius Baer, to explore the secular outlook for the decade ahead. They discuss why interest rates have normalized at current levels, whether the AI investment cycle can avoid the fate of the dot-com bust, what China's balance sheet recession means for global investors, and the geopolitical risk that keeps Yves awake at night: waking up with stranded assets. The Beyond Markets podcast channel is wrapping up on a high note at the end of 2025. But do not worry! The conversation continues on our podcast Moving Markets by Julius Baer, where we'll be sharing fresh insights and analysis on current market developments. Subscribe to Moving Markets on Spotify Subscribe to Moving Markets on Apple Podcasts

People in this episode

Host: Hannah Wise

Guest: Yves Bonzon

Topics covered

• secular outlook
• interest rates
• AI investment cycle
• China's balance sheet recession
• geopolitical risk
• stranded assets

Keywords

• secular outlook
• interest rates
• AI investment
• China recession
• geopolitical risk
• stranded assets

Mentioned in this episode

Organizations: Julius Baer, Moving Markets

Places: China

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