The Most Interesting Macro Moment of My Lifetime with Jens Nordvig
The Compound and Friends
AI Winners Keep Rotating Across Industries
The hosts discuss shifting leadership from hyperscalers to semiconductors, software, energy, and infrastructure as markets continually revise AI winners.
On episode 259 of The Compound and Friends, Downtown Josh Brown and Michael Batnick are joined by Jens Nordvig to discuss: rising Treasury yields and the risk of something breaking in the bond market, Scott Bessent’s intervention in the yen and Treasury markets, the massive AI capex and hyperscaler debt boom, whether AI is actually inflationary, oil prices and the Fed, the surprisingly resilient consumer and labor market, America’s growing debt problem, and why Korea could be one of the most interesting macro trades heading into 2027.
This episode is sponsored by Franklin Templeton and Vanguard.
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