About this episode

Chris Watling discusses the global macro outlook, focusing on AI, inflation, oil, and the fragility of markets.

Chris Watling from Longview Economics joins The Rules of Investing to discuss the global macro outlook, including AI-driven market concentration, inflation, oil, interest rates, Australian housing, and the hidden fragility beneath parts of the US economy and equity market. In this episode: Why the AI theme may be carrying more of the global economy than investors realise Oil, Iran and the Strait of Hormuz Why inflation may not be the biggest risk facing markets The difference between Australia and the rest of the developed world Signs of weakness beneath the surface of the US economy Why investor complacency could become a major problem The one investment Watling would make if markets closed for five years.

People in this episode

Guest: Chris Watling

Topics covered

• AI-driven market concentration
• inflation
• oil
• interest rates
• Australian housing
• US economy
• investor complacency

Mentioned in this episode

Organizations: Longview Economics

Places: Australia, US, Iran, Strait of Hormuz

More episodes of The Rules of Investing

• James Abela: The high-stakes search for Quality · June 2, 2026 · 47 min
• A familiar voice returns to The Rules of Investing · May 21, 2026 · 4 min

Explore listener stats, chart rankings, contacts and more on the The Rules of Investing podcast page.