Would Hegseth's Potential Impeachment Help End the War?

This episode of the Macro Minute examines how strong demand for Anthropic’s prospective IPO and CoreWeave’s beat-and-raise are reviving enthusiasm for AI. We also explore growing political resistance to data-center development and the longer-term risks it creates for the AI investment cycle.

We explore how October CPI reinforced 42 Macro’s Sticky Inflation theme and the current risk-off Market Regime. Darius also discusses renewed U.S.–Iran diplomacy, shifting AI sentiment, and why a potential Fed-Treasury Accord 2.0 could emerge in 2027.

We examine how diplomatic developments, shifting inflation expectations, and mounting execution risks across the AI ecosystem are affecting the current risk-off Market Regime. Darius also explains why America’s widening divide between asset owners and wage earners may become the defining political issue of the years ahead.

Today, we highlight why the October Jobs Report reinforced the risk-off INFLATION Market Regime, why investors should not expect an immediate Fed rescue, and how KISS moved to 95% cash ahead of the latest market selloff.

Today’s Macro Minute examines how strong productivity and cooling labor costs are challenging the current risk-off INFLATION Market Regime, while political resistance to data-center construction creates an underpriced risk for investors.

Today’s Macro Minute examines how the midterm elections and overwhelming support for restricting data-center construction could increase political risk surrounding the AI investment boom. Darius also explains why the Treasury’s latest funding plans support the prospect of a Fed-Treasury Accord 2.0 and greater liquidity next year.

In this episode, we examine how record midterm turnout, rising AI-related debt issuance, and widening credit spreads could increase near-term market risk. Darius also explains why investors should avoid catching falling knives and wait for systematic signals before increasing portfolio exposure.

This episode of the Macro Minute examines what SK hynix’s record results reveal about the AI investment cycle, the outlook for Fed policy, and why systematically limiting major drawdowns may matter more than capturing the market’s “best days.”

We examine how the market reaction to President Lula’s reelection in Brazilian financial markets supported the durability and severity of the current risk-off INFLATION Market Regime. We also discuss the potential consequences for asset markets as redistributive policies become increasingly likely.

Today’s Macro Minute examines how robust demand to finance leading AI firms challenges the risk-off INFLATION Market Regime, even as crowded positioning leaves markets vulnerable if the data-center buildout falters.