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Multipolar Investing: Geopolitics, Risk, and the End of the 60/40 Portfolio

Jun 4, 2025

Scarce Assets: a biweekly podcast presented by Onramp which delves into the emergent role of bitcoin in finance professionals' strategies and outlooks. Hosted by Jackson Mikalic, Scarce Assets provides invaluable insights for wealth managers aiming to outperform their peers in the decades ahead. Finance professionals everywhere know about stocks and bonds, but the macroeconomic outlook requires that serious investors pay close attention to another category: Scarce Assets.

00:00 - Intro to Rob Larity & Jacob Shapiro from Bespoke Group 06:49 - Understanding Geopolitics and Its Importance 11:49 - The Role of Geopolitics in Investment Strategies 16:48 - Current Global Power Dynamics: US and China 21:44 - Investment Strategies in a Multipolar World 26:59 - Challenges and Opportunities in Capital Allocation 43:55 - Institutional Inertia and Bitcoin Adoption 48:43 - Re-underwriting the U.S. Treasury 55:08 - Geopolitical Implications of U.S. Debt 01:02:35 - The Future of Bitcoin and Hard Assets 01:26:52 - Outro and Disclaimer

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