200 Years of Markets in 60 Minutes (Deutsche Bank’s Jim Reid) | #618

In this episode, Jim Reid joins the discussion to explore the dynamics between real and nominal returns, offering historical insights into asset class performance. The conversation delves into how economic history underscores the importance of global diversification, and examines fiat money's role in shaping inflation and asset prices. The dialogue extends to the relationship between GDP growth and asset prices, with a focus on AI's economic impact. Long-term strategies, including dividends and ETFs, are analyzed alongside cultural differences in equity ownership and bond performance predictors. The episode wraps up with Deutsche Bank's 2026 outlook, UK market sentiment, and the implications of AI on economic volatility.