Perspectives: Episode 126 – Riding the Shock: Staying loose through uncertainty
About this episode
Tracey McNaughton discusses how long-term investors are navigating current market uncertainties, particularly in relation to the oil shock and the implications of AI.
In this episode of Perspectives, Escala Chief Investment Officer, Tracey McNaughton, explains how long-term investors are staying loose on the bars in response to the current oil shock. Plus, why managing today's risks is bringing back yesterday's solutions - from steering wheel locks to decades-old pipelines. (0:47) Tracey, there's a lot hitting markets at once. How do you keep your composure? (3:43) Back in 2022 when Russia invaded Ukraine, the oil price hit over $120 per barrel. The peak so far is under that. And yet, despite this, the price at the pump here in Australia is higher than it was in 2022. (4:56) Staying on the topic of macroeconomic policy, the Reserve Bank tightened monetary policy last week, lifting the official interest to 4.1% - the second consecutive rise. It was the first central bank among the majors to respond to the war in this way. (6:42) And beneath all of that, the real economy, at least in the US, seems to be holding up? (8:18) Let's talk about AI - because it still feels like the structural story cutting through everything else. (9:51) So, it's moving from assistant… to operator? And Huang's point is that this is bigger than the last wave? (11:20)…
More episodes of 'Perspectives' by Escala
- Perspectives: Episode 132 - We Need to Talk About Productivity
- Perspectives: Episode 131 – The Price of Sovereignty
- Perspectives: Episode 130 – The holiday from history is over
- Perspectives: Fund Manager Interview with Paul Moore from PM Capital
- Perspectives: Episode 129 – AI Native: The Great Operating Model Reset
- Perspectives: Episode 128 – Dispatches from the US
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