In this episode of the Global Thinking Podcast, host Rob Duncan sits down with Forstrong Portfolio Manager, Terry Shaunessy, to unpack how investors are navigating a world where political theatrics, including Trump’s tariff flip-flops, no longer move markets like they used to. They explore why the U.S. may need to consider a GST-style tax, why service-based economies could be the next big growth engine, and how market strategies need to adapt to volatility fatigue.

The conversation also dives into the Canadian economic puzzle: a stable banking sector weighed down by real estate drag and stagnant productivity. Meanwhile, global markets are showing signs of normalization, and gold continues its quiet rally as a store of value. It's a wide-ranging, timely discussion that blends macro insight with practical takeaways, ideal for investors trying to keep their footing through the policy-induced whiplash of today’s markets.

Chapters

00:00 Introduction to Global Thinking Podcast

01:06 Insights from Terry on Global Markets

02:19 The Impact of Tariffs and Trump's Policies

08:43 Market Reactions and Economic Signals

12:51 The Future of U.S. Markets and Economic Growth

20:06 Analyzing the Canadian Economy and Investment Opportunities

24:04 Final Thoughts on Economic Outlook and Gold Investment

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For any questions, comments or suggested topics please reach out to Rob Duncan, rduncan@forstrong.com