Rob Arnott, founder and chairman of Research Affiliates, discusses topics such as the recent rise of inflation, macroeconomics, capital market returns, value versus growth stocks, factor timing, index investing, the Federal Reserve's handling of inflation, the relationship between hurricanes, aging demographics, and market timing, the inverted yield curve and its impact, the influence of neoclassical and Keynesian thinking on investing, energy stocks and their value status, and technology's ability to address climate change.