3 Warning Signs for Investors: Oil, Rates & the Dollar | Market Perspectives

What do rising oil prices, higher interest rates, and a stronger U.S. dollar mean for the stock market? And could artificial intelligence change the outlook for investors? In the first episode of Market Perspectives, a new series within Life, Money, and Living Well, Ben Beshear sits down with LiveWell Capital Portfolio Manager Brian Hicks, CFA, PhD, to discuss the economy, market valuations, AI, government debt, and the opportunities and risks facing investors. Brian introduces the "dark triad," three market forces that can signal tightening financial conditions. But despite the ominous name, he explains why he sees reasons for optimism, including corporate earnings growth, productivity improvements, and the potential for markets to work through economic uncertainty. Ben and Brian also examine whether stocks are too expensive, why higher interest rates can be good news for savers, how AI may transform employment and business profitability, and what America's growing national debt could mean for the future. They also discuss the differences between U.S. and international markets, the importance of diversification, and Brian's personal approach to investing. In this episode: 00:00 Introducing Market Perspectives and Brian Hicks 01:27 The "dark triad": Oil, interest rates, and the dollar 04:21 Market outlook and investor sentiment 07:18 Why higher interest rates can benefit savers 09:22 Are stock market valuations too high? 12:22 Artificial intelligence and corporate productivity 14:36 AI's potential impact on jobs and employment 17:10 How Brian uses AI in his investment work 18:51 America's national debt and economic growth 22:42 Optimism, uncertainty, and the future of AI 24:53 Brian's personal investment approach 25:47 International investing and diversification 28:31 What does living well mean to Brian Hicks? Market Perspectives is part of the Life, Money, and Living Well podcast, hosted by Ben Beshear of LiveWell Capital. The series explores financial markets, economic developments, and investment perspectives to help listeners better understand the forces shaping their financial lives. Learn more about LiveWell Capital: https://www.livewellcapital.com/