{"version":1,"type":"rich","provider_name":"Libsyn","provider_url":"https:\/\/www.libsyn.com","height":90,"width":600,"title":"Perspectives: Episode 126 \u2013 Riding the Shock: Staying loose through uncertainty","description":"In this episode of Perspectives, Escala Chief Investment Officer, Tracey McNaughton, explains how long-term investors are staying loose on the bars in response to the current oil shock. Plus, why managing today\u2019s risks is bringing back yesterday\u2019s solutions - from steering wheel locks to decades-old pipelines. (0:47) Tracey, there\u2019s a lot hitting markets at once. How do you keep your composure? (3:43) Back in 2022 when Russia invaded Ukraine, the oil price hit over $120 per barrel. The peak so far is under that. And yet, despite this, the price at the pump here in Australia is higher than it was in 2022. (4:56) Staying on the topic of macroeconomic policy, the Reserve Bank tightened monetary policy last week, lifting the official interest to 4.1% - the second consecutive rise. It was the first central bank among the majors to respond to the war in this way. (6:42) And beneath all of that, the real economy, at least in the US, seems to be holding up? (8:18) Let\u2019s talk about AI - because it still feels like the structural story cutting through everything else. (9:51) So, it\u2019s moving from assistant\u2026 to operator? And Huang\u2019s point is that this is bigger than the last wave? (11:20) So, AI is forcing governments to rethink how they operate? (15:44) So, this isn\u2019t just an AI story - it\u2019s an economic and political one as well. ","author_name":"'Perspectives' by Escala","author_url":"https:\/\/escalapartners.com.au\/","html":"