Geopolitical Uncertainty – James Aitken, Louis-Vincent Gave, and Marko Papic (EP.440) | Capital Allocators – Inside the Institutional Investment Industry | Podwise
This episode explores the end of U.S. exceptionalism and its implications for global markets. Against the backdrop of recent market volatility, three experts—James Aitken, Marko Papic, and Louis-Vincent Gave—discuss the shifting global landscape. More significantly, they analyze the impact of U.S. policy choices, particularly concerning tariffs and fiscal spending, on the weakening U.S. dollar and the rise of non-aligned nations. For instance, the panelists highlight the potential for opportunities in Latin America, Europe, and Asia, while cautioning about the risks associated with U.S. corporate debt and the over-allocation to U.S. private markets. The discussion pivots to the implications for different asset classes, emphasizing the need for diversification away from U.S.-centric strategies. In contrast, the panelists also discuss the potential for a reversal of the current trends, contingent on factors such as a deal between the U.S. and China or a major geopolitical crisis. Ultimately, the episode underscores the need for long-term investors to adapt their strategies to a multipolar world and to identify emerging opportunities in under-allocated markets.
