JP Morgan's Thomas Kennedy predicts a growth slowdown in the US due to declining excess savings. Airbus Chief Commercial Officer Christian Scherer discusses the company's undersupplied situation post-pandemic. Sahm Consulting Founder Claudia Sahm warns of a looming recession in the US. Mercedes AMG Petronas CEO Toto Wolff previews the first-ever Las Vegas Grand Prix.

Thomas Kennedy, Chief Investment Strategist for JP Morgan Private Bank, shares insights into today's shifting debt markets. He discusses how monetary policy changes and geopolitical tensions, like tariffs, are affecting interest rates and high-yield investments. Kennedy highlights the rise of direct lending and private credit as key strategies for navigating market uncertainties. He also suggests rethinking traditional investment approaches, prompting a fresh look at diversification beyond the usual stock-bond mix.

Thomas Kennedy joins Matt & Dave to discuss Florida Gov. Ron DeSantis' moves restricting critics. They also explore Hitchens' battle against genetic determinists and the dangers of pseudoscientific beliefs. The episode sheds light on DeSantis' control over Florida legislation and the implications of proposed oppressive immigration measures.