# Macro Monday Ep123: Headwinds and tailwinds for global growth Page: https://stenobird.com/podcast/investec-focus-radio-sa-680399/macro-monday-ep123-headwinds-and-tailwinds-for-global-growth Text version: https://stenobird.com/podcast/investec-focus-radio-sa-680399/macro-monday-ep123-headwinds-and-tailwinds-for-global-growth.md Podcast: [Investec Focus Radio SA](https://stenobird.com/podcast/investec-focus-radio-sa-680399) Published: 2026-07-13T07:40:00+00:00 Episode link: https://iono.fm/e/1695517 Audio file: https://dts.podtrac.com/redirect.m4a/dl.iono.fm/epi/prov_374/epi_1695517_medium.m4a?p=rss Processing state: not_requested JSON: https://stenobird.com/v1/public/podcasts/investec-focus-radio-sa-680399/episodes/macro-monday-ep123-headwinds-and-tailwinds-for-global-growth Duration seconds: 546 ## Resource Global GDP growth looks set to be around 3% this year, as the global economy deals with headwinds from a supply shock because of the war with Iran and tailwinds from artificial intelligence spending, says Chris Holdsworth, Chief Investment Strategist, at Investec Wealth & Investment International. While US and Chinese growth is set to slow marginally over the coming year, offset by rising growth in Europe, Japan and emerging markets ex-China. Investec Focus Radio SA ## Actions - request_transcript: `POST https://stenobird.com/v1/public/podcasts/investec-focus-radio-sa-680399/episodes/macro-monday-ep123-headwinds-and-tailwinds-for-global-growth/transcription-requests` — Idempotently request low-priority transcript generation for this episode. - read_markdown: `GET https://stenobird.com/podcast/investec-focus-radio-sa-680399/macro-monday-ep123-headwinds-and-tailwinds-for-global-growth.md` — Read the agent-friendly Markdown representation of this episode resource. A page view does not enqueue transcription. Agents should invoke `request_transcript` explicitly when they need this episode processed. ## Transcript Full transcripts are not published on public pages unless there is a clear rights basis.