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The Algebris PodcastFrom current affairs to economy and policy matters listen to the latest insights from the voices of our experts. The Algebris Podcast. Thinking differently, acting aware. Please read the disclaimer here https://www.algebris.com/podcast-disclaimer/ Author: Algebris Investments
From current affairs to economy and policy matters listen to the latest insights from the voices of our experts. The Algebris Podcast. Thinking differently, acting aware.Please read the disclaimer here https://www.algebris.com/podcast-disclaimer/ Language: en Contact email: Get it Feed URL: Get it iTunes ID: Get it |
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Before buying, let's wait for the sales. (Davide Serra)
Episode 9
Monday, 24 November, 2025
Over the last few months the global economy has held up thanks to strong U.S. fiscal stimulus and widespread deficits elsewhere, but for the first time public debt worldwide is around 100% of global GDP, reducing governments’ room to respond to future shocks.Nearly all asset classes look expensive and U.S. rate cuts are already priced in; moreover, Washington appears to be overstimulating the economy, partly with an eye on next year’s midterm elections.There is also exuberance around AI: to justify current valuations, roughly $2 trillion of additional revenues would be needed by 2030—an implausibly large figure compared with the current revenues of the “Magnificent Seven.”This and other takeaways in Davide Serra's (Founder and CEO, Algebris Investments) latest analysis.
