We break down the outlook for stocks and the economy, including earnings growth expectations, Fed policy, and why corporate profits remain strong while households feel pressure. The episode explores AI-driven growth, productivity gains, inflation and wage trends, and the outlook for emerging markets and small caps. We then step back to examine lessons from history—herd behavior, technology adoption cycles, debt-fueled booms, and why asset prices often peak well before the economy slows—ending with the key question for investors: where are we now in the cycle?

This episode covers the key trends shaping 2026: Venezuela’s stalled oil and the U.S.–China energy dynamic. We break down stock market highs, AI-driven capital shifts, gold and silver surges, oil forecasts, and what consumers can expect from inflation and unemployment. Stay ahead of the trends with our market and economic insights.

In this episode, Jerry sits down with Dave Abramson to explore the current economic landscape. They compare today’s market to the dotcom era, discuss whethercurrent conditions resemble a mania, and examine the GDP vs. labor dichotomy. The conversation covers the contributions of tech investment versus consumer spending to GDP growth, the outlook for the economy, gold, and inflation, andthe realities of a K-shaped economy. They also touch on historical correlations between inflation and wars.