Global markets are showing all the signs of... a four-way see-saw. The mega-cap trade has fractured internally, and the stakes have become increasingly quad-polar, says Angus Sippe, Human Financial's CIO.

AI capex is one of the largest bets in corporate history. The technology works — that's not in question. What's still open is who actually captures the value.

How do investors cope with a trifecta of market convulsions: El Nino, the impending IPOs of three AI giants, and looming changes to CGT? Take a listen to Angus Sippe's rational approach to portfolio management in a time of uncertainty.

"She'll be right" is an Australian expression that embodies a distinct cultural characteristic: a relaxed fatalism, born from generations of making do in a landscape that doesn't always cooperate. Global markets seem to have adopted the same philosophy: despite everything thrown at them, investors are shrugging it off. But while "she'll be right" is a helpful personal disposition, it's not a sensible risk management framework, says Human Financial CIO Angus Sippe.

Human Financial CIO Angus Sippe observes a bevy of black swans now circling global markets: a US war, stagflation, and a squeeze on private markets.

Geopolitical uncertainty is certain: we just don’t know when. Angus Sippe, Human Financial CIO considers portfolio repercussions.

Who remembers the dot-com bubble? Just over quarter-of-a-century ago, markets were booming, because of great expectations of a new technology – the internet. The expectations were justified, as we now know. But the market? The US technology sector collectively lost more than 85% of its market value between March 2000 and October 2002. Turns out the market was too far ahead of the game… sound familiar?

Why is gold glittering right now? And why are risk assets shining too? Best, we understand the underlying drivers.

Do today’s markets feel like a game of park footy? Where rules are secondary and there’s no referee? And what happens when the game gets serious?

Watch now: Market momentum is a bit like motor racing. When a racing car takes a corner, it needs grip and forward drive to stay on track and navigate confident. But then, suddenly…

Watch now: Geopolitical risks are real and escalating - and they’re not yet priced into global markets, says Human Financial CIO, Angus Sippe.

Watch now: Was the latest interest rate cut a green light to pile into equities? Angus Sippe, Human Financial CIO, has other ideas.

Watch now: Moody’s strips US of its AAA credit rating. Does it really matter? Yes and no…

Watch now: Trump’s tariff war - 5D chess or chump checkers?

Watch now: What's behind the recent move in US 10-year Treasury yields? Human Financial's CIO Angus Sippe says the move was to be expected. Listen in to find out why; and to hear the implications for long-term investors.

Watch now: While tariff turmoil attracts attention, we also need to keep an eye on bread-and-butter budget issues - like the recent Australian Budget and upcoming elections. Is there much to digest, or could this be a Nothing Burger?

Watch now: All the talk is about tariffs. But how do they actually work? Who pays for them? And who REALLY pays for them? And how should they influence our view on the markets?

Watch now: The rapid rise of DeepSeek demonstrates the power of disruption. Surprises like this can also be disruptive for investment portfolios.

Watch now: Australia has over 200% of GDP in debt - that's more than emerging markets

Watch now: Federal Reserve’s jumbo cut, the RBA holds, and the state of the US polls post-debate