We hosted a fantastic webinar last Wednesday with Apollo Lupesco, PhD. Apollo has an incredible ability to contextualize the thorniest issues in investing.

Our conversation with Kent Chan travelled the globe and covered a wide range of topics including Artificial Intelligence (AI), small cap vs. large cap stocks, the opportunity in China, and why Europe remains attractive.

Below is a replay of a fascinating and globe-trotting conversation with Paul Espinosa, co-portfolio manager of the Seafarer Overseas Growth and Income Fund (SIGIX/SFGIX).

Carl Kaufman gives the Fed a C+ for their moves this year. Like the embarrassing uncle, the Fed is late to the party with raising rates and may be overstaying their welcome.

We had a fascinating conversation with John Emerson. He provides such a wealth of experience and knowledge, we could have picked his brain for much longer than an hour.

The Fed actions in suppressing interest income is like Aesop’s fable where the wind and the sun try to see who can make a man remove his coat. The sun wins because the harder the wind blows the tighter the man holds onto his coat. Similarly, the more the Fed pushes rates lower, the more people save and the less they spend.