In this episode, Escala Partners CIO, Tracey McNaughton, discusses how events of 2023 give context to what is likely for 2024. And, how should investors respond to the heightened geopolitical risks that are so evident in this "war economy"?

(0:52) Welcome to the first podcast for the year. It seems fitting Tracey that we begin with your thoughts on the year that was.

(7:48) Tracey you and the team have just released the fifth edition of our annual outlook publication, Agenda, what are some of the key takeaways?

(9:50) This is another theme in our Agenda, the rise in defence spending in many countries around the world.

(11:45) Can you tell us about supply chain security, how does that feature as a theme?

(14:58) What about your views more generally?

(16:10) 2023 was the year of the Magnificent 7 – Apple, Amazon, Meta, Google, Telsa, Nvidia and Microsoft. What is the outlook for equities this year?