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In this Business Talk with Michael Avery interview, Monocle Founder and CEO David Buckham discusses the US equity market and other important global trends. Prior to founding Monocle, Buckham worked at ADvTECH as an account manager and content development specialist. He was then appointed as a Solutions Specialist and the Head of Risk Management at the SAS Institute, before moving to PSG Asset Management – where he also worked as a solutions specialist. In 2002, Buckham left PSG Asset Management to found Monocle Solutions – and has served as its CEO for over 20 years. In this Business Talk interview, Buckham discusses the US equity market and how many of the world’s largest companies are over-priced. He unpacks how the Trump regime has made aggressive moves and surrounded itself with major technology business leaders, and then expands on what these decisions mean for global markets. Buckham also discusses how market trends are often caused by narratives – including the current narrative regarding how GenAI will transform the world. He expands upon the ongoing AI debate and concludes the discussion by talking about the possibility of the US launching its own sovereign wealth fund.