Blazing a trail – Sound Economies with Mel & Peter, 1 October 2026

Japan plans to set up a state-backed fund to invest in drone manufacturers and defence startups, but we are not sold on the idea. This episode also looks at the Philippines bracing for a Godzilla El Niño, China’s new stimulus for even cheaper consumer loans, and Turkey’s possible MSCI downgrade as local stocks bleed. Timestamp:(00:00) - Episode rundown(00:19) - Intro(00:48) - Quick updates(02:55) - Philippines braces for a "Godzilla" El Niño(11:01) - Japan looks to set up state investment fund to develop its defence industry(19:28) - Chinese government attempts to stimulate more household spending(23:40) - MSCI: Turkey may lose emerging market status(27:13) - Our global outlook(30:19) - Lundgreen's Invest - High-Tech Defence Fund secures quadruple exit(30:49) - Lundgreen's Capital - Next big step: IPO in 2 years