More Credit Problems, Mag 7 AI CapEX Continues, and Money Market Stress | Jack & Max

This Monetary Matters episode is brought to you by Fiscal.ai. Sign up for a 2-week free trial and get 15% off any paid tier at: http://fiscal.ai/mm Jack Farley & Max Wiethe breakdown yet another credit “cockroach” that appears to be more related to fraud than overall market weakness. They also discuss the Mag 7 earnings report and the continued onslaught of AI CapEx spending that many believe has entered bubble territory. Finally, they breakdown this week’s fed decision and why big changes to both the Fed balance sheet and the rate cutting cycle could be coming up soon. Follow Jack Farley on Twitter https://x.com/JackFarley96 Follow Max on Twitter: https://x.com/maxwiethe Follow Monetary Matters on: Apple Podcast https://rb.gy/s5qfyh Spotify https://rb.gy/x56dx5 YouTube https://rb.gy/dpwxez Timestamps: 00:00 Fiscal AI Intro 00:12 More Credit Problems 11:08 Mag 7 Earnings 16:43 Fiscal AI Mid Roll 19:29 Are CapEx Estimates Still Too Low? 28:07 AI CapEx “Bubble” Winners and Losers 34:11 Mag 7 Becoming Capital Intensive? 43:33 Fed Meeting Breakdown 52:11 Market Impact of December Fed Meeting 57:11 Fiscal AI