Today's episode dissects the deliberate reshaping of global supply chains, tracing the US’s use of trade policy as a geopolitical tool and the inherent instability it creates. We unpack the implications of a tightening liquidity cycle, the rise of agentic loops in a collapsing trade environment, and the precarious balance surrounding the Iran conflict—all pointing to a systemic restructuring, not random shocks.

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0:00 - Introduction
1:11 - Geopolitical Trade & Energy Dynamics
11:13 - The Future of Work: AI Agents & Automation
19:06 - Market Positioning in a Volatile World
21:46 - Global Liquidity & Recession Indicators
24:53 - Conclusion

Referenced sources:
Graham Allison on the Global Realignment Iran, China, Israel, Greenland (All-In with Chamath, Jason, Sacks & Friedberg)
Autoresearch, Agent Loops and the Future of Work (The AI Daily Brief: Artificial Intelligence News and Analysis)

This episode is independent commentary and is not affiliated with, sponsored by, or endorsed by the sources listed above.

Today's episode unpacks the escalating geopolitical risks reshaping global markets, focusing on the oil price shock and its potential to unravel supply chains. We also explore the surprisingly cautious approach to AI enterprise deployment, and the growing security concerns that are slowing down adoption, even as $3 trillion in data center capex is deployed. Listen now to understand the precarious balancing act facing central bankers and the widening gap between AI potential and real-world implementation.

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0:00 - Introduction
1:10 - Geopolitical Risks & Global Markets
9:36 - AI's Enterprise Transformation
18:21 - Conclusion

Referenced sources:
New Worries (The Markets)

This episode is independent commentary and is not affiliated with, sponsored by, or endorsed by the sources listed above.

Today's episode unpacks the complex interplay between geopolitical risks in Iran, the fragile energy market, and the surprisingly specific economic thresholds triggering a potential macro shift. We analyze the factors dictating market sentiment—and the three-month timer on a very unstable situation—while also exploring AI’s impact on valuations and the evolving landscape of crypto adoption.

Explore the full visual digest at pers-int.com

0:00 - Introduction
1:15 - Geopolitical Shifts & Macro Risks: Iran and Beyond
9:17 - AI's Economic Impact: Software, Productivity & Valuation
14:47 - The Future of Finance: Ethereum, Institutional Adoption & Agentic AI
18:53 - Private Credit Under Pressure: Distressed Debt & Restructuring
22:24 - Conclusion

Referenced sources:
BlackRock's $26 Billion Private Credit Fund Limits Withdrawls (Bloomberg Intelligence)
Henry Blodget on the Software Selloff Hysteria and the Problem for OpenAI (Odd Lots)
New Worries (The Markets)
Why It's Easy to Pitch TradFi on Ethereum 'It's the Only Game in Town' (Unchained)

This episode is independent commentary and is not affiliated with, sponsored by, or endorsed by the sources listed above.

This week's roundup covers the intensifying convergence of macroeconomics, geopolitics, AI, and blockchain, revealing a world actively being re-architected. We unpack the surprisingly resilient dollar, the fragmentation of global systems, and the implications of AI’s growing role as a strategic weapon and critical infrastructure control point, highlighted by the unprecedented government pressure on Anthropic. The week underscored the rising tensions and power plays shaping the future of global order.

Explore the full visual digest at pers-int.com

0:00 - Introduction
1:47 - AI as a Geopolitical Weapon & Infrastructure Control
8:08 - Dollar Dominance & the Limits of De-dollarization
14:10 - Fractured Global Systems & Data Integrity Risks
19:26 - AI-Driven Productivity & the Labor Shock
25:25 - Conclusion

Today's episode connects the root systems beneath global headlines, revealing how a single shock in energy, finance, or geopolitics can reverberate unexpectedly throughout the entire system. We unpack the physical limits of oil markets, the decoupling of jobs from GDP growth, and the emerging operating system for capital driven by AI and tangible assets. Expect a nuanced view of risk assessment and a challenging look at what constitutes ‘safe’ in an era of systemic recalibration.

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0:00 - Introduction
1:16 - Geopolitics & Energy Volatility
9:42 - Macro Shifts & Crisis Alpha
16:21 - AI's Transformation of Finance
22:30 - Market Rotation & Alternative Investments
25:16 - Conclusion

Referenced sources:
Single Best Idea with Tom Keene Claudia Sahm & Eric Van Nostrand (Bloomberg Surveillance)
Noem Out, Iran War Far From Over, and Talarico's Win (Pivot)
Is Private Credit The Next 2008 - ft. Steve Eisman (Prof G Markets)
New Worries (The Markets)
SI390 When Narratives Change Faster Than Markets ft. Alan Dunne (Top Traders Unplugged)

This episode is independent commentary and is not affiliated with, sponsored by, or endorsed by the sources listed above.

Today's episode unpacks the paradox of accelerating AI development exposing deepening systemic risks across energy, finance, and geopolitics. We dive into the Iran conflict's energy shock potential, the fragility of private credit markets, and the looming infrastructure bottlenecks threatening the AI boom – revealing a disconnect between apparent progress and underlying stability.

Explore the full visual digest at pers-int.com

0:00 - Introduction
1:00 - AI Implementation, Risks & the Tech Landscape
5:42 - Iran Conflict & Global Energy Impacts
10:21 - Global Macro Shifts: Inflation, China & K-Shaped Risks
13:45 - Crypto's Regulatory Crossroads: Innovation vs. Control
16:29 - Political & Financial Ramifications of the Iran Strike
18:44 - AI's Macroeconomic Impact & the Future of Progress
21:00 - Financial System Vulnerabilities: Private Credit & Liquidity
23:00 - Conclusion

Referenced sources:
Macro Matters DC Policy Update With BI's Nathan Dean (FICC Focus)
Markets Happy Hour Podcast March 5, 2026 - Spring has Sprung with Special Guest Ryan Boothroyd (Markets Happy Hour Podcast with Aoifinn Devitt)
The Economic Effects of Technological Disruption & Artificial Intelligence Nobel Laureate in Economics Peter Howitt (Monetary Matters with Jack Farley)
Everything you need to know about AI agents Swami Sivasubramanian (TED Tech)
Capital Group Spies High-Yield Software Opportunity in Debt Meltdown (The Credit Edge by Bloomberg Intelligence)
Australia's $24B Digital Finance Opportunity - Reviewing the New Report with OKX CEO Kate Cooper (Unblocking The Chain)

This episode is independent commentary and is not affiliated with, sponsored by, or endorsed by the sources listed above.

Today's episode unpacks the shifting landscape of global risk, as a prolonged conflict in Iran forces a recalibration of economic assumptions. We explore how the battle for compute power, energy security, and alternative financial systems is unfolding, and why crypto's resilience might be a signal of deeper structural change.

Explore the full visual digest at pers-int.com

0:00 - Introduction
1:00 - AI's Productivity Boom: Investment & Disruption
7:01 - Financial Markets, Inflation & the Risk of Stagflation
12:32 - Iran Conflict: Impact on Global Energy Markets & Macroeconomics
17:15 - Iran Conflict: Geopolitical Escalation & Regional Dynamics
21:00 - Crypto Resilience & Geopolitical Utility
23:00 - Conclusion

Referenced sources:
South Korean Stocks Rebound, China NPC Begins, Goldman Sachs CEO David Solomon (Bloomberg Daybreak: Asia Edition)
The AI Productivity Boom Is Here Luigi Buttiglione (Forward Guidance)
Jobless Growth, Euphoria, and a Manufacturing Recovery How Iran Could Force a Macro Regime Change Tian Yang (Monetary Matters with Jack Farley)
$120 Oil Ahead (The Markets)
Deploying AI in Healthcare (The a16z Show)

This episode is independent commentary and is not affiliated with, sponsored by, or endorsed by the sources listed above.

Today's episode unpacks the escalating US-Iran conflict, revealing a pre-planned offensive action lacking coherent long-term goals. We also dissect the paradoxical calm in markets amidst rising geopolitical risk, the accelerating AI productivity boom, and China's strategic pivot towards domestic consumption, highlighting a systemic re-pricing with potentially destabilizing consequences.

Explore the full visual digest at pers-int.com

0:00 - Introduction
1:00 - Economic Impacts of the US-Iran Conflict & Oil Markets
7:03 - AI Productivity Revolution: Beyond the Hype
11:23 - US Foreign Policy & the Escalation with Iran
15:33 - Global Debt & the Specter of Stagflation
19:32 - China's Economic Pivot: Tourism, Tech & Demographic Headwinds
23:00 - Conclusion

Referenced sources:
The AI Productivity Boom Is Here Luigi Buttiglione (Forward Guidance)
Iran War Trump's Endgame, Economic Fallout and Polymarket Profiteering (Pivot)
UGO10 The Fourth Turning Is Here How to Trade the Regime Shift ft. Neil Howe (Top Traders Unplugged)

This episode is independent commentary and is not affiliated with, sponsored by, or endorsed by the sources listed above.

Today's episode untangles the escalating risks in the Strait of Hormuz and the surprisingly fragile underbelly of private software credit. We dissect Iran’s asymmetric escalation, the limits of traditional monetary policy, and the potential for a valuation reset driven by AI disruption—and why a fictional 'doom paper' might signal the true bottom of the market cycle.

Explore the full visual digest at pers-int.com

0:00 - Introduction
1:00 - Macroeconomic Shifts & Investment Strategies in the Age of AI
8:28 - Financial Market Reactions to the Iran War & Oil Price Shocks
13:35 - Geopolitical Impacts & Regional Responses to the Iran War
16:20 - The Iran Conflict & Geopolitical Ramifications
19:00 - Private Credit: Software Exposure & Systemic Risk
21:00 - AI & National Security: Competition, Geopolitics & Ethical Concerns
23:00 - Conclusion

Referenced sources:
Bloomberg Surveillance TV March 2nd, 2026 (Bloomberg Surveillance)
Credit Crunch IR+M's Gubitosi on Corporates, Securitized Value (FICC Focus)
'Buy and hold doesn't work any more' Sean Peche of Ranmore (Investors' Chronicle)
Markets React to War in Iran Macro Mondays March 2, 2026 (Macro Mondays)
Drinks With Real Vision Andreas Steno & Mikkel Rosenvold (Real Vision: Finance & Investing)

This episode is independent commentary and is not affiliated with, sponsored by, or endorsed by the sources listed above.

Today's episode unpacks the accelerating convergence of AI, geopolitics, and market forces. We expose the emerging pattern of ‘AI laundering’ – attributing planned layoffs to efficiency gains to boost investor confidence – and explore whether the current restructuring is a genuine shift toward a ‘new way of working’ or a more cynical power play. We also navigate the geopolitical risks and the surprisingly quiet battles over AI governance shaping the future of tech.

Explore the full visual digest at pers-int.com

0:00 - Introduction
1:00 - AI's Impact on the Labor Market
9:14 - Market Reactions & Investment Strategies
17:28 - Iran Crisis & Geopolitical Ramifications
20:52 - AI Governance: Regulation & Ethical Battles
23:00 - Conclusion

Referenced sources:
At the Pentagon, OpenAI is In and Anthropic Is Out (Hard Fork)
How Legendary Resource Investor Rick Rule is Investing for a 10-Year Bull Market (Monetary Matters with Jack Farley)
Are 40% Staff Cuts the New AI Normal (The AI Daily Brief: Artificial Intelligence News and Analysis)
Camp Swamp Road Ep. 6 Your Side, Their Side and the Truth (The Journal.)

This episode is independent commentary and is not affiliated with, sponsored by, or endorsed by the sources listed above.