The Great Rebuilding: Why the World Is Changing Faster Than Markets Realize

In this episode of the Global Thinking Podcast, Rob Duncan sits down with Forstrong CEO and CIO, Tyler Mordy, to unpack one of the biggest investment themes of 2026: The Great Rebuilding.

While investors have spent the year reacting to wars, tariffs, inflation scares, and shifting central bank expectations, Tyler argues these aren't isolated events. They're all part of a much larger transformation taking place beneath the surface of the global economy.

From rebuilding supply chains and defence capabilities to massive investments in AI infrastructure and energy security, governments and corporations around the world are entering a new era of capital spending. At the same time, investors are beginning to question long-held assumptions about U.S. exceptionalism as international markets take on a greater leadership role.

Rob and Tyler discuss:

Why "The Great Rebuilding" could define the next decade Kevin Warsh, the Federal Reserve and the outlook for interest rates Why inflation may remain more persistent than investors expect The challenge to U.S. market leadership Korea, Taiwan and the resurgence of international markets AI's infrastructure boom and what investors are missing Canada's economic outlook and why productivity still matters What today's headlines really mean for long-term portfolios

Every week brings another crisis, another tariff, another geopolitical shock. Yet markets keep moving higher. Why? Because the biggest story isn't the latest headline. It's the rebuilding of the global economy happening underneath it all.

Thanks for listening.

Time Stamps

01:07 Welcome back to Global Thinking

02:33 The first half of the year in two words: The Great Rebuilding

05:15 Kevin Warsh, the Fed and why higher-for-longer rates may be here to stay

09:10 Inflation isn't dead. Why markets may be underestimating inflation risk.