The Geopolitical Shock Playbook (Mike Wilson, Morgan Stanley) | #623

About this episode

Mike Wilson discusses the current market landscape, including the impact of geopolitical events and evolving investment strategies.

Watch on YouTube. My guest today is Mike Wilson, Morgan Stanley’s Chief U.S. Equity Strategist and Chief Investment Officer. In today’s episode, Mike Wilson explains how a rolling recession has given way to a staggered recovery, and why he expects leadership to broaden beyond mega-cap stocks into small caps, cyclicals, and international markets. He highlights growing risks from AI disruption, private credit weakness, and the Iran conflict. To close, Mike discusses a shift beyond the traditional 60/40 portfolio toward a more flexible 60/20/20 approach that includes assets like gold. (0:00) Starts (1:31) Mike Wilson on rolling recessions and rolling recoveries (5:28) Market implications of Iran conflict (9:52) Market cap weight vs. equal weight indices (15:41) Thoughts on the Fed (20:01) Is 60/20/20 the new 60/40? (23:23) Geopolitical shocks (35:48) AI's impact and bullish on healthcare (42:03) Outlook for global economic recovery ----- 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 ----- Sponsor: Alpha Architect - To learn more about CAOS…

People in this episode

Host: Meb Faber

Guest: Mike Wilson

Topics covered

• geopolitical risks
• market recovery
• investment strategies
• AI disruption
• portfolio management

Keywords

• rolling recession
• market implications
• 60/20/20 portfolio
• AI impact
• global economic recovery

Sponsors

Alpha Architect

Mentioned in this episode

Organizations: Morgan Stanley

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