Joe Davis on AI, debt, and the future of your portfolio

Joe Davis, Vanguard’s global chief economist and head of the Investment Strategy Group, recently joined The Compound and Friends podcast to share a forward-looking perspective on the forces shaping the global economy and investment landscape. Drawing from his latest research and new book, Coming Into View, Joe outlined a data-driven framework for understanding the next decade’s defining economic themes.

Here's a taste of what you’ll hear:

• AI versus deficits: Will artificial intelligence usher in a new era of productivity, or will mounting debt and demographic headwinds drag us into stagnation? Joe frames this as the defining economic tension of the next decade.
• Myth-busting megatrends: From globalization’s real impact on inflation to the misunderstood role of demographics, Joe debunks some of the most persistent economic narratives.
• Beyond the Magnificent 7: Joe explains why the biggest winners of the AI revolution might not be the tech giants building it, but the companies quietly using it to transform their industries.

Watch the full episode below.

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