Raoul Pal, founder and CEO of Real Vision and author of the Global Macro Investor, joins Julia La Roche on episode 198 to share his macro outlook and why he thinks we're headed for an Economic Singularity with the rise of AI.
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Links:
Twitter/X: https://twitter.com/raoulgmi
GMI: https://globalmacroinvestor.com/
Real Vision: https://www.realvision.com/
00:00 Welcome Raoul Pal and Real Vision's 10-year anniversary
01:39 The Everything Code and macro cycles explained
05:38 Explaining liquidity and its sources
07:29 Central banks, liquidity, and currency debasement
11:42 Risk-taking and asset performance in the current environment
15:02 The exciting macro setup and market opportunities ahead
17:43 Addressing misconceptions about recessions and market bubbles
22:23 Federal Reserve rate cuts and inflation outlook
25:58 Raoul's evolution to a more optimistic market view
34:45 The concept of economic singularity explained
38:20 AI's impact on productivity and economic growth
42:20 Preparing for the economic singularity in the next 6 years
43:58 Bitcoin as a high-performing asset
45:07 Real Vision's past and future outlook
48:58 Closing thoughts on "unf***ing your future"
The Julia La Roche Show 