AI, Efficiency, and Labor Displacement

Wall Street has apparently reached a group chat consensus: 2026 only goes up. Every major strategist, from big banks to boutique shops, is lined up predicting another year of gains... because after a 90% rally off the 2022 lows, skepticism has officially been benched. Even lifelong bulls are starting to feel uneasy about the total absence of dissent, which historically isn’t exactly when you want everyone pounding the table at once. When pessimism disappears, risk doesn’t... it just gets 'mispriced.'

➡️ Meanwhile, the macro backdrop looks oddly “perfect” on paper and deeply questionable underneath. GDP prints strong, inflation magically cools, housing costs flatline… except a government shutdown quietly forced the data to assume reality took a month off. Add in tariff distortions, election-year volatility, AI bubble anxiety, and a looming funding deadline in Washington, and suddenly the bullish narrative starts to wobble.

💥 Have you left your "honest ⭐️⭐️⭐️⭐️⭐️" review?

📩 NEWSLETTER: https://tr.ee/O6FWkv

👕 THS MERCH: http://www.thspod.com

🔗 Resources:

Every Wall Street Analyst Now Predicts a Stock Rally in 2026 (Bloomberg)

The Stock Market Could Soar in 2026 as the Economy Booms Despite President Trump's Tariffs, According to Wall Street (The Motley Fool)

Why This Stock Market Expert Says He’s ‘Cautious’ Heading Into 2026 (Investopedia)

Clock ticking on government funding deadline as House battles other issues (The Hill)

Inflation falls to 2.7% as slower housing and food increases offset a surge in electricity (NBC News)

‘This is a wacky number’: economists cry foul as new government data assumes zero housing inflation in surprising November drop (Fortune)

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