Chris Judd Thinks You're Wrong About Rates, Bonds and AI

Former AFL champion turned macro investor Chris Judd returns to unpack the biggest forces shaping markets right now. From the Iran conflict and energy security to the AI arms race, US interest rates, gold and Australia’s productivity problem, Chris explains where he thinks consensus is getting it wrong and how he's positioning the Cerutty Macro Fund to take advantage of the next wave of macro trends. 00:00 Chris Judd’s Big Macro Views 02:01 Australian Small Caps Revisited 03:24 Oil, Inflation And Supply Chains 07:25 US Boom vs Australia Slowdown 08:38 Why The Fed Won’t Hike 13:54 Bonds, Debt And The AI Race 19:11 AI’s Deflationary Future 21:23 Positioning For Major Themes 25:49 Energy Security And Power Demand 29:48 Australia’s Growth Challenges 36:00 Gold’s Next Move 41:23 Overlooked Investment Opportunities 43:36 Tether, Claude And Investing Lessons 46:14 Know Your Investing Game ETFs & stocks mentioned: Gold, Oil, Natural Gas, Copper, Uranium, Helium, Sulphur, Bitcoin, Micron Technology (NASDAQ: MU), Google (NASDAQ: GOOGL), Meta Platforms (NASDAQ: META), Amazon (NASDAQ: AMZN), OpenAI, Anthropic, SpaceX, Zoom Communications (NASDAQ: ZM), SK Telecom (NYSE: SKM), Lynas Rare Earths (ASX: LYC), Santos (ASX: STO), BHP Group (ASX: BHP), Ramelius Resources (ASX: RMS), Tether, US Treasuries, US Dollar For Flowpower, go to flowpower.com.au/residential/equitymates and use code EM50 to score an extra $50 welcome credit when you sign up to Flow Power. T&Cs apply. ——— Looking for some of our favourite research tools? • Download our free 4-step stock checklist (https://tinyurl.com/4zjkm3pt) • Download our free Basics of ETF handbook (https://tinyurl.com/7k2z7ebx) • Find company information on TIKR (https://www.tikr.com/?ref=equitymates) • Research reports from Good Research (https://goodresearch.com.au/ref/equit...) • Track your portfolio with Sharesight (https://www.sharesight.com/au/equitym...) ——— Want to get involved? • Join our daily mailing list to stay up to date on all things in business and markets (https://tinyurl.com/2saau2ky) • If you prefer to listen to the daily headlines you now can: (https://open.spotify.com/show/0LpEJNu...) | (https://podcasts.apple.com/us/podcast...) • Have a question? Record a voice note (https://www.speakpipe.com/EquityMates) or send us a message on our website (https://equitymates.com/get-in-touch/) • Join the conversation in the Facebook Discussion Group   / equitymates   • Looking for professional financial advice? https://equitymates.com/advice/ • Check out our 2 bestselling books: https://equitymates.com/books/ ——— Follow us on: Instagram:   / equitymates   X:   / equitymates   TikTok:   / equitymates   LinkedIn:   / equity-mates   ——— Equity Mates Investing is a product of Equity Mates Media. This podcast is intended for education and entertainment purposes. Any advice is general advice only, and has not taken into account your personal financial circumstances, needs or objectives. Before acting on general advice, you should consider if it is relevant to your needs and read the relevant Product Disclosure Statement. And if you are unsure, please speak to a financial professional. Equity Mates Media operates under Australian Financial Services Licence 540697.