AI Rally, Fed, Oil

The market keeps acting like macro can wait, but it really can't. AI euphoria is carrying equities, while a new Fed chair, rising yields, and tighter oil inventories are building a much less forgiving backdrop.Fed leadership shiftAI is still driving the tapeAI earnings and capex realitySemiconductors, memory, and concentration riskIPO wave and thematic excessPositioning and valuation warningsOil, inflation, and the consumerYields, labor, and what to watch nextThis podcast was created with Podkey. Make your own at https://podkey.fm