Michael Cembalest

Michael Cembalest, Chairman of market and investment strategy at JPMorgan Asset Management and author of 'Eye on the Market', dives into the 2025 economy forecast. He discusses the unparalleled influence of the MAG-7 tech giants and their link to skyrocketing AI investments. Cembalest explores the potential revival of nuclear energy amid rising tech demands, while dissecting Europe's economic struggles versus the U.S. Lastly, he unpacks the complex challenges facing China and how Trump's policies intertwine with these global economic dynamics.

Michael Cembalest, Chairman of Market and Investment Strategy at JP Morgan, dives into the implications of political shifts for the economy. He discusses how Trump's election could affect stocks and critiques the Democrats' handling of inflation. The conversation highlights the housing affordability crisis, the economic effects of immigration policies, and market predictions for 2025. Cembalest also reflects on the role of AI in today’s business landscape, questioning its genuine integration and potential risks.

On episode 101 of The Compound and Friends, Michael Batnick and Downtown Josh Brown are joined by Michael Cembalest to discuss the economy, AI stocks, the worst experiment in capital markets, the biggest risks to the market, the 2024 election, and much more! Michael Cembalest is the Chairman of Market and Investment Strategy for J.P. Morgan Asset Management.This episode is sponsored by Horizon kinetics Medical ETF, which primarily invests in pharmaceuticals and biologics. To learn more, visit: https://horizonkinetics.com/app/uploads/Kinetics-Medical-ETF-1Q23.pdfCheck out the latest in financial blogger fashion at The Compound shop: https://www.idontshop.comInvesting involves the risk of loss. This podcast is for informational purposes only and should not be or regarded as personalized investment advice or relied upon for investment decisions. Michael Batnick and Josh Brown are employees of Ritholtz Wealth Management and may maintain positions in the securities discussed in this video. All opinions expressed by them are solely their own opinion and do not reflect the opinion of Ritholtz Wealth Management.Wealthcast Media, an affiliate of Ritholtz Wealth Management, receives payment from various entities for advertisements in affiliated podcasts, blogs and emails. Inclusion of such advertisements does not constitute or imply endorsement, sponsorship or recommendation thereof, or any affiliation therewith, by the Content Creator or by Ritholtz Wealth Management or any of its employees. For additional advertisement disclaimers see here https://ritholtzwealth.com/advertising-disclaimers. Investments in securities involve the risk of loss. Any mention of a particular security and related performance data is not a recommendation to buy or sell that security. The information provided on this website (including any information that may be accessed through this website) is not directed at any investor or category of investors and is provided solely as general information.Obviously nothing on this channel should be considered as personalized financial advice or a solicitation to buy or sell any securities. See our disclosures here:https://ritholtzwealth.com/podcast-youtube-disclosures/ Learn more about your ad choices. Visit megaphone.fm/adchoices