In today’s episode, we dive into the groundbreaking Stargate Project, a massive $100 billion initiative led by OpenAI, SoftBank, Oracle, and other tech giants to build AI data centers across the U.S. With plans to invest up to $500 billion over the next four years, this project aims to solidify America’s leadership in AI and create hundreds of thousands of jobs. But despite the potential for economic growth, concerns about job quality and environmental impact loom large. Join us as we explore the broader trend of AI infrastructure expansion and the implications of this ambitious undertaking.

In today’s episode, we explore early 2025 economic forecasts, marked by cautious optimism. A resilient U.S. economy and rising CEO confidence are balanced by persistent inflation and global uncertainties. We discuss the transformative impact of AI, driving demand across multiple sectors, and the strength of the financial sector, despite concerns in commercial real estate and subdued loan growth. Consumer spending is still feeling the strain of inflation, while sector-specific challenges persist in healthcare, transportation, and energy.

In today’s episode, we explore the possibility of the Federal Reserve raising its inflation target from 2% to 3%, a topic gaining traction in economic circles. While some experts, like Jason Furman, argue that this shift could cushion the economy against recessions and stimulate investment, others worry it could erode consumer purchasing power and benefit government debt. We’ll also examine the mixed signals from recent inflation data and the potential impact on the financial system, government policy, and consumers. Tune in for a deep dive into this controversial proposal and its far-reaching implications.