The Macro Minute with Darius Dale Is the AI trade over?
9 snips
Dec 17, 2025 The conversation dives into the enduring AI trade, emphasizing the impact of Paradigm C and D on investment landscapes. OpenAI seeks substantial funding from Amazon amidst a semiconductor rivalry. A major IPO from Medline showcases robust capital markets, while geopolitical tensions drive up oil and precious metals prices. Darius highlights the staggering 60% devaluation of the U.S. dollar against gold, urging a reevaluation of investment perspectives. The discussion also touches on debt management strategies and navigating uncertain economic times.
AI Snips
Chapters
Transcript
Episode notes
AI Momentum Extends Into New Paradigms
- The AI trade is unlikely to be over because Paradigm C continues and Paradigm D is beginning to emerge.
- OpenAI seeking $10B from Amazon and buoyant capital markets extend AI financing and investor risk appetite.
Be Patient And Diversify Now
- Be patient and diversify if you recently joined the Paradigm C bull market.
- Hard money has been made, and returns will get harder from here.
Amazon-OpenAI Talks Signal Hardware Rivalry
- Amazon talks to fund OpenAI and adopt Amazon semiconductors would counter NVIDIA's AI hardware dominance.
- Watch Amazon's stock as a signal for market appetite for incremental AI financing schemes.