A deep-dive on the U.S. macro backdrop in Q2 2026, covering the fiscal impulse from the OBBBA, persistent inflation pressures, labor-market bifurcation, Federal Reserve leadership transition, trade-policy risk, and what it all means for growth, rates, and markets. Download the full report at softgatecapitalresearch.com.
Episodes (19)
This Global Equity Research episode examines how the 2026 war centered on Iran is transmitting through global energy and logistics into EU and US inflation and growth. Drawing on Softgate Capital Research’s scenario work, Emily Carter and Gregory Palmer break down the Strait of Hormuz shock, oil and LNG flows, shipping and insurance costs, and the macro channels that matter most for investors.
The conversation compares euro area and US sensitivity to oil and gas prices, walks through baseline, moderate, and severe disruption scenarios for inflation, and explores what those paths imply for growth, policy trade-offs, and recession risk—especially in Europe. The hosts also discuss emerging policy responses, including the IEA’s record emergency release, shipping-risk backstops, and the communication stance of the ECB and Fed, before translating the analysis into an investor-focused cross-asset lens.
The full written report from Softgate Capital Research is available via the link in this episode’s description or at softgatecapitalresearch.com.
In this episode of Global Equity Research, David Mitchell and Emily Carter unpack the explosive rise of Czechoslovak Group (CSG) from a Czech private industrial group into one of Europe’s most valuable pure-play defense companies.
Drawing on proprietary research from Softgate Capital Research, they walk through CSG’s record-breaking 2026 IPO, its dominant position in global ammunition markets, and its rapidly expanding footprint in land systems, defense electronics, and aerospace propulsion. The discussion explores how CSG is leveraged to Europe’s multi-year defense spending supercycle, backed by a €14 billion backlog and sector-leading margins.
David and Emily break down the hypergrowth financials, the balance sheet and M&A strategy behind CSG’s scale-up, and how the company stacks up against peers like Rheinmetall, BAE Systems, and Saab. They also tackle key risks—from Ukraine exposure and high defense concentration to governance and execution—and outline the main catalysts that could drive the stock toward a €40 price target.
Listeners come away with a concise, data-driven view of whether CSG represents a compelling way to gain exposure to Europe’s defense renaissance.
Explore ArcelorMittal's transformation into a structurally improved, cycle‑leveraged steel giant poised for recovery. This episode dives into the company's scale, strategic pillars like decarbonization, financial journey, and disciplined capital allocation shaping its growth in the evolving global market.
Explore Roche's strategic dual-pillar model and how its pharmaceutical and diagnostics businesses fuel a robust recovery. Uncover scientific innovations shaping its future pipeline and key financial metrics that signal durable growth and investment potential.
Explore how Softgate Capital achieved a remarkable 40.57% annual return in 2025, outpacing global benchmarks. David Mitchell breaks down the drivers behind this year’s performance—sector allocation, geographic shifts, and the role of FX—drawing on exclusive details from the annual report. This episode provides actionable insights for investors looking to learn from Softgate Capital’s proven strategies in a volatile year.
David and Emily explore the evolving debate around an 'AI bubble,' comparing today's market fervor to historical bubbles and examining both warning signs and arguments for sustainable growth. This episode breaks down evidence, expert sentiment, and possible crash scenarios, offering actionable insights for investors and analysts navigating the storm. Expect hard data, expert views, and practical guidance from both history and today’s AI boom.
We take a close look at Skanska, dissecting the construction giant’s unique business model, financial health, and market outlook. Host David Mitchell provides institutional-grade analysis on Skanska’s earnings recovery, strategic positioning, and the catalysts set to drive value for investors in 2025.
In this episode, we provide an institutional-grade dive into Russia’s macroeconomic trajectory through 2026: dissecting growth drivers, inflation, monetary and fiscal trends, and the deep impact of sanctions and the ongoing war. David and Emily unpack how the war economy, tight labor markets, and global energy shifts intersect to define opportunities and risks in Russia’s future. We also explore key vulnerabilities and policy recommendations as Russia adapts to isolation and realigns globally.
This episode explores Nvidia's meteoric rise as the backbone of the AI revolution, its financial dominance, and the risks and opportunities that define its future. David Mitchell applies institutional-grade analysis to uncover how Nvidia set new industry standards and what investors should watch for in the year ahead.
David and Emily provide a research-driven exploration of the US macroeconomic outlook for the first quarter of 2026, drawing on recent institutional analysis. The episode examines economic growth, inflation, the labor market, and the policy landscape shaping risks and opportunities for markets.
David and Emily analyze the European Union's economic outlook for Q1 2026, diving into growth patterns, inflation, policy responses, structural challenges, and key risks. Listen for institutional-grade research blended with practical insights for investors navigating Europe's complex macro environment.
David and Emily explore Rheinmetall's strategic pivot from automotive to defense, its explosive financial growth, and why the market values it as Europe's new top defense stock. We break down the company's risk-reward profile, benchmarking it against global industry players, and discuss the major catalysts that could shape its trajectory for years to come.
David Mitchell provides a deep dive into HCA Healthcare’s strategic positioning, financial performance, and market outlook. Learn how HCA’s scale and operational discipline set it apart in the hospital sector, and why the stock commands a premium among healthcare providers.
David Mitchell and Emily Carter dive into the latest report on USA Rare Earth, unpacking the strategic landscape for rare earth minerals in the U.S. for 2025. The episode explores market opportunities, operational challenges, and how the company is positioning itself in a sector dominated by global giants.
We break down Kempower's 2025 strategic plan and its ambition to lead the global shift toward electric vehicle fast charging. Emily and David analyze the company's business model, market positioning, and outlook, offering listener-friendly insight into a rapidly evolving sector.
Emily and David break down Ubisoft’s 2025 strategic plan, dissect its financial turnaround efforts, and analyze where the French gaming giant stands among global rivals. The episode spotlights recent challenges, new initiatives, and why some analysts see an upside for investors—even after turbulent years.
This episode dives into Aston Martin's 2025 strategic plan, examining its financial outlook and unique position in the luxury auto sector. Hosts Emily and David break down the key drivers, risks, and what to watch for investors as the company races towards profitability and electrification.
Emily and David explore the EU’s ambitious Green Deal and Fit for 55 package, unpacking its sweeping impact on climate policy, investment, and the future economy. They examine the sector-by-sector transformations, the financial and political challenges, and what this means for Europe and the world.