Podcast Details
Date: 2025-01-07
Title: The Big 2025 Economy Forecast
Teaser: AI and Big Tech, Nuclear’s Renaissance, Trump vs. China, and What’s Eating Europe?
From the Website - About the episode
Happy new year! And what better way to celebrate the freshly torn calendar page than by welcoming one of Derek’s favorite writers to the show to tell us what’s in store for the 2025 economy. Michael Cembalest is the chairman of market and investment strategy for JPMorgan Asset Management, and the author of the truly spectacular newsletter, Eye on the Market. Today, we start with stocks and describe the truly historic—and historically unprecedented—dominance of the so-called Mag-7 tech giants. Then, we draw the connection between Big Tech’s historic run and the surge of AI spending. After a discussion on the history and future of nuclear power in America, we do a pit stop on the European economy, where we evaluate the continent’s tradeoff between safety and growth, and move on to China to disentangle that economy’s slowdown. Finally, we connect it all back to a Trump agenda that is a fascinating brew of old-fashioned Reaganite deregulation, newfangled crypto enthusiasm, mid-19th century tariff obsession, mid-20th century industrialization policy, and … a bunch of other ingredients that I think I’ll just let Michael tell you about.Podcast LinkAbout Plain English
Straight From the Podcast's Website: Longtime Atlantic tech, culture, and political writer Derek Thompson cuts through all the noise surrounding the big questions and headlines that matter to you in his podcast Plain English. Hear Derek and guests engage the news with clear viewpoints and memorable takeaways. New episodes drop every Tuesday and Friday, and if you’ve got a topic you want discussed, shoot us an email at plainenglish@spotify.com.Primary Website:: theringer.com/podcasts/plain-english-with-derek-thompson
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