Upside Capture Podcast

How Experienced Investors Think About Capital Allocation

Most conversations only focus on markets. Upside Capture focuses on how capital is allocated across cycles, constraints, and changing conditions.

Latest Episodes

Recent Episodes

From market cycles to portfolio construction, each episode features conversations with investors, CIOs, and capital allocators working across public and private markets, offering context on how experienced professionals approach complex investment decisions.

Episode 20 • 42 min

Why the Fed Should Sit on Its Hands

with Dr. David Kelly , Chief Investment Strategist at J.P. Morgan Asset Management

Dr. David Kelly, Chief Investment Strategist at J.P. Morgan Asset Management, argues that moving interest rates now does little to slow inflation or speed growth. In his view, AI and Washington’s policies are what’s really driving the economy. Host David Stubbs, a former member of Kelly’s team, digs into what that means for investors.

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Episode 19 • 42 min

Investing in a Fractured World

with Neil Shearing , Chief Economist at Capital Economics

Tariffs and trade wars have convinced many investors that globalization is in retreat, yet global trade and capital flows remain near record highs. What has changed is China’s rise as a superpower rival to the US, pulling the world economy into competing blocs.

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What to Expect

About Upside Capture

Hosted by Dr. David Stubbs, Chief Investment Strategist at AlphaCore Wealth Advisory and a former institutional investment professional with experience across global capital markets, the show brings institutional perspective into the open.

Drawing on experience across global capital markets, Upside Capture examines how incentives influence behavior, how cycles unfold over time, and how allocation decisions are evaluated under uncertainty.

Meet Your Host

Dr. David Stubbs

Dr. David Stubbs brings a global perspective to markets, economics, and investing. As Chief Investment Strategist at AlphaCore Wealth Advisory, he helps investors make sense of complex financial and economic trends.

Before AlphaCore, David spent a decade leading investment strategy teams, and earlier served as an economist with the British government and the United Nations. He holds a PhD in Economics and lives in Del Mar, California, where he continues to explore the ideas shaping markets and the global economy.

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