Slowdown, Dead Ahead!
Raoul is a student of the business cycle and has found it the single best way to analyze economies and markets over his 30 year career. He even built his institutional research business – Global Macro Investor – on the key learning that the answer to successful asset allocation and investing, was understanding where you are in the business cycle. Lakshman Achuthan, the CEO of Economic Cycles Research Institute (ECRI), is one of the world’s true expects on the global business cycle and whenever Raoul sits down to pick his brains on where we are now, we all pay attention. Seeing these two business cycle experts swap thoughts can be hugely rewarding. Lakshman is seeing a slowdown dead ahead and Raoul is very keen to dig into what this might look like, whether it’s an early cycle slowdown or maybe even a potential recession and what it might mean for our investments. Filmed on September 2, 2021.