Ian Harnett

Ian Harnett, co-founder and chief investment strategist with decades in markets and former Bank of England economist. He outlines a regime shift where bonds may stop hedging stocks. Talks about deglobalization and supply chains shortening. Discusses capital as a policy tool, dollar fragility around US political fractures, and winners like commodities and non-US value.

Ian Harnett, Co-founder and Chief Investment Strategist at Absolute Strategy Research, discusses the shifting landscape of systemic financial risks, emphasizing the growing dominance of non-banks like private equity-backed insurers. He highlights how these entities often hold riskier assets and have lower capital buffers. Ian also explains that systemic risk can multiply through smaller critical nodes rather than large institutions, stressing the importance of cash flow in assessing vulnerability and warning about potential illiquidity in private credit markets.

Guests include Alastair Pinder, Global Equity Strategist at HSBC, discussing how AI adoption may shape equities and credit in 2026. Ian Harnett, Chief Investment Strategist at Absolute Strategy Research, warns of potential AI bubbles and macro risks. Amanda Lynam, from BlackRock, provides insights on the credit market, predicting peak defaults but urging selectivity. U.S. Senator Bill Cassidy analyzes consumer spending trends from Black Friday and discusses health care affordability proposals. Tune in for a mix of market insights and fiscal policy!