The Old Normal: Macro Shocks Amid War, AI, and Economic Rivalries | The Outhinking Investor | PGIM
"we've been creating about $10 trillion of wealth a year and the consumption effect of that is about $400 billion a year and so the biggest thing that is driving the economy right now is the wealth effect" - Mark [00:03:31]
"when I talk to tech people one of the questions I always ask them is is this a winner take all on AI and they tend to say yes more than no they say the quiet part out loud" - Mark [00:06:01]
References
Disclaimer: Orignal content owned by or sourced from third parties. It does not represent the views of 'Nuggets' platform or it's team. AI is used extensively across this platform including for summaries. Accuracy is not guaranteed, there can be mistakes. Any info or content on this platform is not a financial, legal, or investment advice. Do your own research. Refer for complete disclosures:- Terms of Use · Full Disclaimer
Related nuggets
Jun 2, 2026
Kalshi Monthly Volume - Politics ($M) | Chart of the Day | Coatue
Coatue: Kalshi's political volume has scaled dramatically, and the American Power Index KPOW is what that scale enables: a single number gauge of the current balance of political power and where markets expect it to move, which Kalshi bill…
Jun 2, 2026
The BlackBerry Problem |18 May 2026 | The Mistakes Series | Malcolm Gladwell's Revisionist History
"My mistake and naivity was to think that people are were with me so you're flying around the world you're trying to get people on side and you think they're on side but they're not mhm mhm and you get blindsight" Jim Balsillie 00:01:34 ht…
Jun 2, 2026
Partnership Perspectives: Network International | 2 Jun 2026 | Brookfield Perspectives
"Brookfield's the largest infrastructure owner in the world... We drew a pipeline and we showed all the different components of the payments ecosystem on a pipeline and said it's like a pipe that moves any commodity except what it's moving…
Jun 2, 2026