Speaker 1: Bloomberg Audio Studios, podcasts, radio news.
Speaker 2: The single best idea, and an incredibly eclectic Friday. Just
Speaker 2: lots of different voices here. The President out of the
Speaker 2: tweet saying two points of GDP should be added back
Speaker 2: in on government shutdown bea coming out saying definitely one
Speaker 2: point ish, so not a bad number after you adjust
Speaker 2: for the government shutdown. We adjusted with Anastasia Amoroso of
Speaker 2: Partners Group. They're wonderful company out of Zoog, Switzerland, that's
Speaker 2: one of the fancy parts of Zurich down the Lake.
Speaker 2: And Anastasia Amoroso on this balance between American and continental investment,
Speaker 2: the way.
Speaker 3: We see allocations is that you don't pick one.
Speaker 1: Or the other.
Speaker 3: You do both. You do US, you do Europe, you
Speaker 3: do Asia. And the reason for that, you know, if
Speaker 3: you think about the next five years, let's say, it's
Speaker 3: all about localization, supply chains, it's on shoring, it's about,
Speaker 3: you know, making sure you cater to the domestic consumer.
Speaker 3: So it used to be that you could allocate to
Speaker 3: a US multinational and that would get you the Europe
Speaker 3: exposure or China exposure. That's no longer the case. So
Speaker 3: that's why I think you have to invest in each specific.
Speaker 2: Region, Incision and Moroso of Partners Group. With all the
Speaker 2: geopolitical news we talked to Diana as Fandiari of Bloomberg Economics,
Speaker 2: just absolutely spectacular with the workout of King's College London
Speaker 2: on war studies and Iran on America on Israel.
Speaker 1: I mean, I think the main players are definitely the
Speaker 1: US and Iran, and the main decision maker on this
Speaker 1: front right now really is President Trump. But I think
Speaker 1: Israel is playing a huge role in trying to sway
Speaker 1: Trump and trying to really convince him either to go
Speaker 1: to war or to have a very maximist position in
Speaker 1: the nuclear negotiations. And bizarrely, compared to a few years
Speaker 1: ago when the first nuclear deal was being negotiated, it's
Speaker 1: the US's golf erab partners that are actually urging restraint,
Speaker 1: that are saying we don't want war because we don't
Speaker 1: know what will happen once the fighting starts.
Speaker 2: Dina Sevandiari there with Bloomberg Economics, and of course all
Speaker 2: the different news flow across the weekend. The look Ahead
Speaker 2: looked at Joe Matthew and Katie Lines for a lot
Speaker 2: of good coverage there as well, and I should mention
Speaker 2: Henry Horden and Tyler Kendall in Washington on our podcast
Speaker 2: on Apple, on Spotify, on YouTube podcasts. It's single best
Speaker 2: idea