Free Daily Podcast Summary
Global Thinking: Daily Summaries Delivered
by Forstrong Global Asset Management
Welcome to Global Thinking, the podcast where we explore the intersection of global macro investing, geo-political tensions, and financial advice. Join our host Rob Duncan, as they guide you through the complex world of personal finance and help you navigate the ever-changing landscape of global markets. Every month we bring on top experts to share their insights and perspectives on the latest trends and events shaping the global economy. Whether you're an experienced investor or just starting out, this podcast is your go-to resource for understanding how to manage your wealth in a rapidly changing world. So sit back, relax, and join us for an engaging and thought-provoking conversation on Global Thinking.
Latest Episodes
The most recent episodes — sign up to get AI-powered summaries of each one.
- Oct 7, 202634 min
Bonds, Bad News and Bull Markets
Bond yields are surging. Oil prices remain elevated. Tariffs, geopolitics and inflation continue to dominate the headlines. Investors are stressed. And yet, the bull market keeps going. So what exactly are investors supposed to make of all this? In this episode of the Global Thinking Podcast host, Rob Duncan, sits down with Forstrong CIO, Tyler Mordy, to separate the signals that matter from the headlines that don't. They tackle the return of 5% bond yields, why today's interest rates may be far less extraordinary than they appear, and why strong economic growth and corporate profits tell a very different story than the one dominating financial headlines. But the conversation quickly gets bigger than bonds. Rob and Tyler discuss the lingering psychological scars of the Global Financial Crisis and pandemic, why investors repeatedly become fixated on the latest macro shock, the upcoming U.S. midterms, and why bad news can lead to bad investment decisions. They also explore Forstrong's broadening bull market thesis and opportunities beyond the usual market leaders, including emerging-market debt, gold miners and a market Tyler believes investors are still largely ignoring: Japan. The world has never been short of things to worry about. The harder question for investors is knowing which ones actually matter. Chapters 01:06 What's moving markets? 02:00 Why bond yields are surging 05:03 Can the economy handle higher rates? 07:28 Why investors are so stressed 08:08 From TINA to TARA and CINDY 11:15 Bad news and big portfolio mistakes 12:55 U.S. midterms and market volatility 15:36 Investor scar tissue and the wall of worry 18:34 The broadening bull market 19:44 Gold miners and emerging-market debt 20:39 Why Tyler is bullish on Japan 23:36 Closing thoughts Disclosures: https://forstrong.com/disclosures/ Global Thinking Podcast Series - https://forstrong.com/podcast/ Global Thinking Insights - https://forstrong.com/insights/ Who is Forstrong Global - https://forstrong.com/who-we-are/ Ask Forstrong - https://forstrong.com/category/ask-forstrong/ Invest With Us - https://forstrong.com/invest-with-us/ Thank for you listening, please considering leaving a review and subscribing for future episodes. For any questions, comments or suggested topics please reach out to Rob Duncan, rduncan@forstrong.com
- Aug 13, 20261h 15m
Signal or Noise? Staying Cool in a Hot Money World
A young hedge fund manager built his entire investment thesis around one idea: artificial intelligence would reshape the world. His conviction was so strong he named his fund Situational Awareness. For a while, it looked brilliant. Then reality intervened. What does that teach investors today? In this episode of the Global Thinking Podcast, Rob Duncan sits down with Forstrong CEO and CIO Tyler Mordy to discuss his latest paper, Situational Unawareness: Staying Cool in a Hot Money World, and why today's biggest investment challenge isn't a lack of information. It's knowing which signals deserve your attention and which headlines are simply noise. From the war in Iran and volatile oil prices to gold, inflation, interest rates and the AI boom, Rob and Tyler examine the stories dominating markets and explain which ones are likely to have lasting investment implications. They also explore why leadership within AI is broadening beyond the Magnificent 7, how Asia is becoming increasingly central to the semiconductor supply chain, and whether investors should be looking beyond the United States for the next generation of market leaders. The conversation concludes with a practical discussion about portfolio positioning in an environment where information travels instantly, narratives change overnight, and adaptability may be the most valuable investment skill of all. Because in today's markets, the greatest edge isn't predicting the future. It's knowing what actually matters. Chapters 00:00 Introduction 01:07 Situational Unawareness: Why Investors Miss What Matters 05:18 Iran, Oil and Why Markets Stayed Calm 10:42 Gold, Inflation and the New Economic Reality 16:28 Kevin Warsh and the Future of Interest Rates 22:14 AI's Next Chapter: Beyond the Magnificent 7 28:46 The Chip Boom: Why Asia Is Becoming the AI Powerhouse 35:20 Is the Great Rotation Finally Here? 41:18 Canada: Recession, Resilience and Productivity 47:52 The Rise of the Rest: Europe, Japan and Emerging Markets 54:40 What Investors Are Still Getting Wrong 59:35 Portfolio Positioning: Staying Cool in a Hot Money World 1:04:30 Final Thoughts: Signal Over Noise Disclosures: https://forstrong.com/disclosures/ Global Thinking Podcast Series - https://forstrong.com/podcast/ Global Thinking Insights - https://forstrong.com/insights/ Who is Forstrong Global - https://forstrong.com/who-we-are/ Ask Forstrong - https://forstrong.com/category/ask-forstrong/ Invest With Us - https://forstrong.com/invest-with-us/
- Jun 26, 20261h 0m
The Great Rebuilding: Why the World Is Changing Faster Than Markets Realize
In this episode of the Global Thinking Podcast, Rob Duncan sits down with Forstrong CEO and CIO, Tyler Mordy, to unpack one of the biggest investment themes of 2026: The Great Rebuilding. While investors have spent the year reacting to wars, tariffs, inflation scares, and shifting central bank expectations, Tyler argues these aren't isolated events. They're all part of a much larger transformation taking place beneath the surface of the global economy. From rebuilding supply chains and defence capabilities to massive investments in AI infrastructure and energy security, governments and corporations around the world are entering a new era of capital spending. At the same time, investors are beginning to question long-held assumptions about U.S. exceptionalism as international markets take on a greater leadership role. Rob and Tyler discuss: Why "The Great Rebuilding" could define the next decade Kevin Warsh, the Federal Reserve and the outlook for interest rates Why inflation may remain more persistent than investors expect The challenge to U.S. market leadership Korea, Taiwan and the resurgence of international markets AI's infrastructure boom and what investors are missing Canada's economic outlook and why productivity still matters What today's headlines really mean for long-term portfolios Every week brings another crisis, another tariff, another geopolitical shock. Yet markets keep moving higher. Why? Because the biggest story isn't the latest headline. It's the rebuilding of the global economy happening underneath it all. <span style= "font-family: '
- Jun 2, 202633 min
Markets, Multipolarity, and the Next Cycle
For more than a decade, investors have been rewarded for a simple strategy: buy U.S. stocks, own big technology companies, and trust that American exceptionalism would continue to drive markets higher. But what if that playbook is beginning to change? In this episode of the Global Thinking Podcast, Rob Duncan sits down with Sébastien Mc Mahon, Chief Economist at iA Financial Group, to discuss the forces reshaping the global investment landscape. From geopolitical tensions and energy markets to AI-driven productivity gains and the resurgence of international equities, they explore why the next phase of the market cycle may look very different from the last. Rob and Seb discuss: Why markets continue to climb despite geopolitical uncertainty Whether U.S. exceptionalism is beginning to fade The growing case for international diversification Canada's productivity challenge and economic outlook AI, capital spending, and the future of global growth The biggest mistakes investors are making today As investors grapple with shifting narratives, one thing is becoming increasingly clear: the world is becoming more multipolar, and portfolios may need to evolve alongside it. Episode Timestamps 00:00 Introduction and market backdrop 02:15 What's the biggest thing markets are misunderstanding? 05:10 Iran, geopolitics, and the real impact of oil shocks 08:45 Why this cycle looks different from the 1970s 11:20 Is U.S. exceptionalism starting to fade? 15:00 International markets and the global rotation trade 18:30 AI, productivity, and the next capex cycle 22:15 Canada's productivity challenge <p class="MsoNormal"
- May 6, 202650 min
Crisis Fatigue: Have Investors Tuned Out Risk?
Markets are rallying. Oil is rising. War is ongoing. And yet, investors seem to be moving on. In this episode of the Global Thinking Podcast, Rob Duncan sits down with Forstrong Lead Portfolio Manager David Kletz to unpack the biggest question facing markets today. Is this resilience — or complacency? While headlines focus on conflict in the Middle East, the real story is unfolding beneath the surface. Oil shocks are feeding into inflation, central banks are losing flexibility, and market leadership is beginning to shift in ways that could redefine this cycle. But history offers a warning. Most geopolitical crises feel like turning points. Very few actually are. Rob and David break down what matters and what doesn't: Why this isn't the 1970s How oil shocks really impact markets Why global growth may be stronger than it looks The risks hiding in valuations and market concentration And where investors should be looking for opportunity Because in markets, the biggest mistakes often come from focusing on what feels urgent — instead of what actually drives returns. Chapters 00:10 - Introduction to Global Thinking 01:07 - Market Overview: Iran Shock and Oil Prices 02:23 - Discussion with David Klutz: Market Resilience vs. Complacency 03:52 - Impact of Oil Prices on Global Growth 05:19 - Inflation and Interest Rates Outlook 07:43 - Global Market Trends and Canadian Economy 14:01 - Focus on Japan and China 33:56 - Four Strong's Global Investment Perspective <span style= "font-family: 'Calibri',sans-serif; mso-bidi-font-family: 'Times New Roman'; mso-bidi-theme
- Apr 8, 202655 min
Chasing Alpha: SPIVA 2025, Active vs Passive Investing, and Why Most Managers Underperform
In this episode of the Global Thinking Podcast, host Rob Duncan sits down with Dr. Joe Nelesen from S&P Dow Jones Indices to break down the SPIVA Canada 2025 report and what it reveals about active vs passive investing. The data is clear. Most active managers underperform their benchmarks — not just in 2025, but over longer time horizons. This raises a critical question for investors and advisors alike. Is it still worth chasing alpha? Rob and Joe explore: Why active managers consistently struggle to beat the market The role of fees, market efficiency, and survivorship bias Where active investing may still have an edge The continued rise of ETFs and index investing How AI, tokenization, and evolving market structure could shape the future Whether you are a portfolio manager, financial advisor, or individual investor, this episode provides a data-driven look at one of the most important debates in investing today. If you are building portfolios in today's market, understanding the trade-offs between active and passive investing has never been more important. Chapters 00:00 Introduction to Global Thinking Podcast 02:31 Understanding the SPIVA Report Card 04:35 Performance of Active Managers in 2025 09:00 Factors Leading to Underperformance 13:11 The Role of Fees and Market Dynamics 17:40 Survivorship Bias in Active Management 19:44 The Future of Active Management 24:34 Active vs. Passive Investment Strategies 28:56 The Impact of Fund Selection 29:21 The Rise of Index Investing 30:43 Passive vs Active Investing Dynamics 32:23 Tokenization and Market Evolution 33:18 Future of Market Hours 35:07 The Future of Active vs Index Investing 37:58 AI's Role in Investment Strategies 41:54 Insights on Indices and Reading Recommendations Disclosures: https://forstrong.com/disclosures/ Global Thinking Podcast Series - <a href= "https://forstrong.com/podcast/" t
- Mar 23, 202637 min
Sell First, Ask Questions Later: A Crash Course in Oil Shocks
In this episode of the Global Thinking Podcast Rob Duncan sits down with Forstrong CEO & CIO, Tyler Mordy, to unpack the market reaction to the escalating conflict involving Iran and why investors may be focusing on the wrong risk. When geopolitical shocks hit, markets tend to do what they always do: sell first and ask questions later. But history suggests most conflicts don't leave a lasting mark on markets. The real question isn't the headlines, it's whether this turns into something more consequential. The answer, as Tyler explains, comes down to one key transmission channel: oil. This episode is a crash course in how oil shocks impact the global economy, from inflation and central bank policy to growth and market stability. They also tackle the bigger question: are we facing a 1970s-style energy crisis, or is today's global economy more resilient than investors fear? From Trump-era "TACO" trade dynamics to the evolution of supply-driven inflation shocks, this conversation cuts through the noise and focuses on what really matters. Because in moments like this, it's not about reacting to headlines. It's about understanding which risks actually move markets. Episode Timestamps 00:00 – Opening monologue: Markets, uncertainty, and why this moment feels different 02:15 – Setting the stage: What's happening with Iran and global markets 05:00 – Initial market reaction: Sell first, ask questions later 07:30 – Do geopolitical events actually matter for markets? 10:15 – The real transmission mechanism: Why oil is everything 13:30 – Oil shocks explained: How they impact inflation and growth 17:00 – Are we heading back to a 1970s-style energy crisis? 20:30 – Why t
- Mar 5, 20261h 2m
Liquidity Illusion: The Wake-Up Call in Canadian Private Markets
In this episode of the Global Thinking Podcast, host Rob Duncan sits down with Nimar Bangesh of Obsiido to unpack one of the most infuriating developments in Canadian investing this year: fund gating. After years of rapid growth, private markets have become mainstream in Canadian portfolios. But recent gating events have forced investors to confront a hard truth — liquidity in alternatives isn't guaranteed. Is this simply how private markets are designed to function, or is it a warning sign that investor expectations have drifted too far from reality? Rob and Nimar break down the evolution of alternatives in Canada, the role they play in portfolio construction, and where the risks may be hiding. They explore whether the industry oversold accessibility, how advisors should think about sizing and liquidity management, and whether this moment marks a structural shift in how private investments are packaged and sold. From private credit crowding to valuation pressures and de-globalization, this conversation goes beyond headlines to tackle the deeper issues shaping alternatives today and why a thorough due diligence process is more important than ever. If you think alternatives are a free lunch — this episode may change your mind. Speakers Nimar Bangesh, Co-Founder and CEO, Obsiido https://www.obsiido.com/ Chapters 01:23 Guest Background and the Genesis of Obsiido 04:03 The Evolution of Private Markets and Accessibility 06:52 Understanding Alternatives: Definitions and Structures 09:48 Liquidity and Governance in Alternatives 11:35 Changes in the Canadian Alternative Landscape 15:46 Why Alternatives Exist: Capital Market Construction 20:01 Benefits of Alternatives: Diversification and Return Enhancement 21:27 Common Misunderstandings About Alternatives 23:02 Resources to Learn More About Alternatives 26:29 Impact of Capital Abundance on Private Companies 27:08 Market Gating and Liquidity Challenges 30:25 The Role of Gating in Private Markets 38:14 Building a Portfolio: Strategies and Best Practices 41:52 Diversification and Manager Selection in Alternatives 43:52 The Future of Private Capital and Market Trends 45:26 Private Companies Staying Private Longer 46:13 Red Flags in Private Market Dealings 48:09 Final Remarks and Future Outlook 50:46 Book Recommendations and Closing Thoughts Disclosures: https://forstrong.com/disclosures/ Global Thinking Podcast Series - https://forstrong.com/podcast/ Global Thinking Insights - https://forstrong.com/insights/
Get Global Thinking summaries in your inbox
Free AI-powered daily recaps. Key takeaways, quotes, and mentions — in a 5-minute read.
Get Free Summaries →Free forever for up to 3 podcasts. No credit card required.
You Might Also Like
Listeners also like.
The Investor's Podcast (We Study Billionaires) - The Investor’s Podcast Network
Analyzes the investment strategies of billionaire investors and explores lessons from legendary financiers on wealth, wisdom, and life.
Prof G Markets
Daily market news and analysis on earnings, geopolitics, Big Tech, and AI with clear, no-jargon insights.
Your Money Guide on the Side
A practical guide to personal finance and investing, breaking down complex topics with expert insights and actionable advice.
UBS On-Air: Market Moves
Discussions on market behavior and trends that go beyond stock price movements.
The Compound and Friends
Expert analysis and candid discussions on business and investing trends with a rotating panel of financial professionals.
How to Money
Two friends break down personal finance topics like debt payoff and investing in simple, practical terms for everyday listeners.
The David Guttman Podcast
Conversations with top leaders on building wealth, integrity, and a meaningful life through real-world lessons and authentic mentorship.
Modern Wisdom
Discussions with experts on psychology, philosophy, and self-improvement to help navigate life’s challenges.
Here's Why
Explains global news and geopolitical shifts with clear, concise analysis on topics like nuclear security, AI, and market dynamics.
Peak Prosperity
Explores economic, energy, environmental, and geopolitical systems to offer clarity beyond mainstream narratives.
The Great Simplification with Nate Hagens
Discussions with experts on energy, ecology, economics, and human behavior to understand the systemic challenges facing civilization.
How I Invest with David Weisburd
Interviews with top institutional investors about their strategies and decision-making.
About Global Thinking
Welcome to Global Thinking, the podcast where we explore the intersection of global macro investing, geo-political tensions, and financial advice. Join our host Rob Duncan, as they guide you through the complex world of personal finance and help you navigate the ever-changing landscape of global markets. Every month we bring on top experts to share their insights and perspectives on the latest trends and events shaping the global economy. Whether you're an experienced investor or just starting out, this podcast is your go-to resource for understanding how to manage your wealth in a rapidly changing world. So sit back, relax, and join us for an engaging and thought-provoking conversation on Global Thinking.
Customized Recaps
AI-powered recaps with compact key takeaways, quotes, and insights.
Straight to Your Inbox
Get key takeaways from Global Thinking in a 5-minute read.
Save Hours Every Week
Stay current on your favorite podcasts without falling behind.
Frequently Asked Questions
What is Podzilla's Global Thinking daily summary?
It's a free AI-powered email that summarizes new episodes of Global Thinking as soon as they're published. You get the key takeaways, notable quotes, and links & mentions — all in a quick read.
How does the Global Thinking podcast summary work?
When a new episode drops, our AI transcribes and analyzes it, then generates a personalized summary tailored to your interests and profession. It's delivered to your inbox every morning.
Is this an official Global Thinking product?
No. Podzilla is an independent service that summarizes publicly available podcast content. We're not affiliated with or endorsed by Forstrong Global Asset Management.
Can I get summaries of other podcasts too?
Absolutely! The free plan covers up to 3 podcasts, any in the catalog. Basic raises that to 15, Pro to 40 and Max to 100. Browse our full catalog at /podcasts.
How often does Global Thinking release new episodes?
Global Thinking publishes monthly. Our AI generates a summary within hours of each new episode.
What topics does Global Thinking cover?
Global Thinking covers topics including Education, Business, Investing. Our AI identifies the specific themes in each episode and highlights what matters most to you.
Start getting Global Thinking summaries tomorrow morning.
Free forever for up to 3 podcasts. No credit card required.
Free forever for up to 3 podcasts. No credit card required.