Tech Stocks are Underperforming

January 7, 2026 - Chase provides a comprehensive market overview, discussing recent trends and movements in various sectors. He then transitions into a reading of Tony Deaton's essay, exploring themes of financialization, the illusion of wealth, and the historical context of economic progress. The conversation emphasizes the shift from production to finance and the implications of this change on society and investment strategies.

January 6, 2026 - Zach and Chase discuss the current state of the markets, focusing on volatility, economic indicators, and the performance of tech stocks. They explore international market comparisons, currency dynamics, and the implications of geopolitical events on oil and natural gas markets. The conversation also delves into investment opportunities in emerging markets, the metals market, and technological innovations in robotics.

January 5, 2026 - Zach and Chase delve into the complexities of the Venezuelan market dynamics, the implications of U.S. involvement, and the technological advancements in China. They explore how these factors intertwine with global economic trends and the importance of innovation in driving growth. The conversation also touches on historical interventions and the lessons that can be learned from them, emphasizing the need for a nuanced understanding of international relations and market competition.

December 23, 2025 - Zach and Chase discuss the current state of the market, focusing on investment strategies, the impact of AI on business models, and the dynamics of global markets. He emphasizes the importance of understanding valuation concerns and the cultural implications of market behavior. The conversation also touches on capital flows, international investments, and predictions for future market trends, highlighting the complexities of navigating today's financial landscape.

December 22, 2025 - Zach and Chase discuss the recent surge in precious metals, particularly gold and platinum, and the underlying market dynamics driving these changes. They explore capital cycle investing, the valuation of gold mining companies, and the importance of trading strategies and market timing. The conversation also touches on the role of central banks, retail investors, and the challenges of sizing and trade location in investing. They conclude with insights on long-term versus short-term investment strategies and the implications of corporate management decisions on market efficiency.

December 19, 2025 - Zach and Chase discuss current market trends, investment strategies, and the implications of passive investing on market valuations. They explore the relationship between the US and China, emphasizing the mutual dependencies that exist between the two economies. The conversation also touches on football insights, analyzing game strategies and player performances.

December 18, 2025 - Zach and Chase discuss the current state of the markets, focusing on index performance, inflation data, and the implications for investment strategies. They analyze the valuation concerns surrounding major tech stocks, the impact of international capital flows, and the potential for AI-driven growth. The conversation also touches on discrepancies in commodity valuations and the importance of portfolio diversification. Micron's recent performance is highlighted as a key player in the AI sector, with insights into the broader market outlook.

December 17, 2025 - Zach and Chase discuss the current state of the market, focusing on key indicators, AI's impact, and the competitive landscape of major companies like Tesla and Oracle. They delve into the implications of inflation, investment strategies in cyclical markets, and the energy sector's resilience. The conversation also touches on mining stocks, precious metals, and the future of wearable technology, particularly for Apple.

December 16, 2025 - Zach and Chase discuss the current state of the market, focusing on major stocks like Tesla, Nvidia, and Palantir. They analyze market trends, valuation discrepancies, and the inefficiencies present in the market. The conversation delves into investment strategies in a volatile environment, the role of narratives in stock movements, and the importance of identifying undervalued stocks. They also touch on market sentiment and investor behavior, emphasizing the need for thorough research and understanding of market dynamics.

December 15, 2025 - Zach and Chase discuss the current state of the market as the year comes to a close, reflecting on random movements in various indices and commodities. They delve into the complexities of interest rates and monetary policy, highlighting the challenges faced by policymakers in a democratic context. The conversation shifts to the education system and workforce competitiveness, emphasizing the need for investment in human capital to address the skills gap and prepare for future economic challenges.