In this special “Situation Update” episode, Lance Peltz unpacks the rapidly evolving global landscape and its economic implications.

Lance offers a grounded, no-predictions perspective on geopolitical tensions, highlighting how disruption to energy, materials, and supply chains is driving inflation, market volatility, and consumer pressure worldwide. From oil and LNG dynamics to emerging-market vulnerability, the conversation explores how conflict directly translates into economic stress.

They also examine investor behaviour, shifting market structures, and growing concerns about private credit, AI-driven change, and speculative trends in assets such as silver and Bitcoin.

With no clear end in sight, this episode provides a sharp, sober view of markets in flux—and the deeper structural shifts shaping the global order.