Without AI Spending, US Growth Might Already Be Negative

September 10, 2026 - Oil ripped nearly 7% today, WTI pressing $103 and Brent hitting $108, on news that Saudi output has fallen to a 36-year low and Houthi forces have seized a coastal city and multiple Red Sea islands near the Bab-el-Mandeb strait — putting them in position to threaten shipping through it more easily than at any point in this conflict. Zach and Chase break down why almost nobody has noticed that an oil-sector position has quietly outperformed semiconductors this year, even as AI dominates every headline — and why that stat stopped being a curiosity today: mortgages crossed 7%, diesel crossed $6 a gallon nationwide, and the 10-year Treasury just posted its highest weekly close since 2007. They also unpack why Trump's own jawboning about oil prices is losing its power to move markets, and make the case for why continuing the current course may now be more politically costly than cutting losses. Plus: the $5,000 stimulus-check promise, and why Chase thinks it costs more than it helps.Schedule your complimentary Know Your Risk Portfolio Review at KnowYourRiskRadio.com

September 9, 2026 - The jobs numbers are solid, prices are up, and the labor market's strong — by every normal measure the Fed should be raising rates, not talking about cutting them. But Chase makes the case that the reason those numbers look strong at all comes down to one narrow input: AI capital expenditure. He estimates it at 3 to 3.5% of the entire US economy this year, against real GDP growth of roughly 4 to 4.5% — take it away, he says, and growth is at best flat, more likely negative. Also today: Treasury Secretary Bessent's $6 billion stock buyback plan appears to have backfired (bond yields rose, not fell, right after the announcement), and what that says about credibility and half-measures.Schedule your complimentary Know Your Risk Portfolio Review at KnowYourRiskRadio.com

September 8, 2026 — Could gold eventually reach $10,000? Zach Abraham explains why he believes today's inflationary cycle may have much further to run — and why investors may be preparing for the wrong kind of risk. Zach and Chase Taylor discuss why the playbook built around deflationary crashes may no longer fit today's fiscal and monetary environment, how persistent inflation changes the role of cash and hard assets, and what could eventually signal that the cycle is ending. They also examine oil nearing $100, rising diesel prices, escalating supply risks in the Middle East, the outlook for interest rates, and why strong nominal growth makes the case for rate cuts increasingly difficult. Schedule your complimentary Know Your Risk Portfolio Review at KnowYourRiskRadio.com

September 4, 2026 — Could Nvidia really become a $10 trillion company? Maybe. But Zach Abraham and Chase Taylor argue that's not the only question investors should be asking. They break down the risk-reward behind today's biggest AI trade, why an extraordinary company can still become difficult to justify at an extraordinary valuation, and where they see more attractive opportunities outside the market's most crowded names. Zach and Chase also discuss a surprisingly strong jobs report and what it means for the Fed, record seasonal gasoline and diesel prices, improving Chinese oil-demand signals, and why the traditional 60/40 portfolio may have been built for an economic regime that no longer exists. Schedule your complimentary Know Your Risk Portfolio Review at KnowYourRiskRadio.com

September 3, 2026 — The S&P 500 has long been treated as a simple way to broadly own the U.S. market. But is that still what investors are actually buying? Zach Abraham and Chase Taylor examine how extreme concentration in technology, semiconductors and communications has changed the makeup of major U.S. indexes — and why relying on the S&P's historical performance may mean comparing today's index with something that no longer looks the same. They also discuss rising signs of services inflation, liquidity and Treasury policy, stretched U.S. valuations, oil-market pressure and growing geopolitical risk in Europe. Schedule your complimentary Know Your Risk Portfolio Review at KnowYourRiskRadio.com

September 2, 2026 — The AI data-center buildout is accelerating, but what are local communities actually getting in return? Zach Abraham and Chase Taylor break down the economics behind the data-center boom, why enormous investments in power and infrastructure don't necessarily translate into enormous employment, and why state and local governments are increasingly asking harder questions about the tradeoff. They also discuss market inefficiencies, opportunities created when entire sectors get sold indiscriminately, renewed tensions around the Strait of Hormuz, oil flows and the growing pressure higher energy prices could put on interest rates. Schedule your complimentary Know Your Risk Portfolio Review at KnowYourRiskRadio.com

September 1, 2026 — Could diesel prices be headed toward $6? Zach Abraham and Chase Taylor break down the renewed escalation around Iran and the Strait of Hormuz, why ship-to-ship oil transfers may have become much more difficult again, and why refined products could become an even bigger problem than crude oil itself. They also discuss rising Treasury yields, the pressure higher borrowing costs are putting on businesses and consumers, weakness beneath the surface of the economy, and where volatility may be creating opportunities in precious metals. Schedule your complimentary Know Your Risk Portfolio Review at KnowYourRiskRadio.com

August 31, 2026 — Chase Taylor explains why Iran’s apparent ability to threaten smaller ship-to-ship oil transfers could sharply reduce the volume moving through the Strait—from roughly 7 million barrels a day toward 2–3 million.Chase examines why that would be such a serious shock for an oil market already relying on Strategic Petroleum Reserve releases, declining floating inventories and a limited onshore inventory cushion. He also discusses the renewed exchange of attacks involving Iran and why the market may have far less protection against another supply disruption than headline oil prices suggest.Later, Chase covers the 10-year Treasury yield reaching a new high for the year, Scott Bessent’s attempt to step back from earlier bond-market intervention rhetoric, and a reported U.S.-Venezuela oil arrangement that Chase believes carries substantial political, legal and execution risk. Under the structure he discusses, the U.S. government would reportedly receive a 35% stake in a Venezuelan oil company and access to 20% of production at cost.📈 Schedule your complimentary Know Your Risk Portfolio Review at KnowYourRiskRadio.com

August 28, 2026 — Zach Abraham and Chase Taylor discuss Kevin Warsh’s hawkish message, why a traditional Taylor Rule framework could imply as many as eight rate hikes, and why the Fed may now be trapped between persistent inflation and the economic damage caused by tighter policy. They also examine the latest developments in the Strait of Hormuz, Canada’s potential incentive to wait out the U.S. midterm elections, escalating Russia-NATO risks and the dangerous imbalance between missile production and interceptor capacity. Later, Zach and Chase ask a practical portfolio question: What might actually protect investors during a low-probability, high-impact geopolitical shock? Their discussion includes palladium, critical minerals, agriculture, European defense and energy. 📈 Schedule your complimentary Know Your Risk Portfolio Review at KnowYourRiskRadio.com

August 27, 2026 — Gold-mining stocks have rallied nearly 50% from their mid-July lows. Zach Abraham explains why some miners may still offer unusually compelling value—and why a rising stock price does not necessarily mean the underlying opportunity has disappeared. Zach walks through how replacement-cost economics can expose hidden value in mining companies, why strong assets and reserves can provide room to be wrong, and why “buying the dip” only makes sense when the valuation supports the decision. He also discusses Nvidia’s latest results, why traditional bond-market signals have become increasingly difficult to interpret, rebounds across several beaten-down software stocks, international markets and additional—explicitly anecdotal—context he received about the internal debate preceding the decision to enter Iran. 📈 Schedule your complimentary Know Your Risk Portfolio Review at KnowYourRiskRadio.com