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Kai Wu: The AI Trade Is Entering Its Most Misunderstood Phase
The buildout boom may be peaking. The real opportunity could lie in the companies quietly turning AI into measurable productivity gains while the market…
 • Michael A. Gayed, CFA
21:45
The Case for Regulatory Tailwinds Over Traditional Fiscal Stimulus — FMKT as a Structural Play
Key Highlights
The Resilience of the U.S. Consumer Is Showing Cracks in the Credit Data
Retail sales remain stable, but rising delinquencies and elevated borrowing costs suggest repayment capacity is weakening at the margin.
 • Michael A. Gayed, CFA
When the AI Boom Becomes a Credit Event
Why Duration Could Win the Next Cycle
 • Michael A. Gayed, CFA
Three Rate Cuts, Small Caps, and the 9% Income Trade
If inflation is already at 2% beneath the surface, the Fed is behind the curve — and markets are mispriced for what comes next.
 • Michael A. Gayed, CFA
32:46
From AI Scare Trade to Security Comeback
Extreme software rotation drove cyber to five-year valuation lows — even as demand and margins strengthened.
 • Michael A. Gayed, CFA
Commodities, Rates, and the Repricing of Scarcity
A deep dive with Will Rhind on platinum’s resurgence, gold’s strength, and what it means for portfolio construction.
 • Michael A. Gayed, CFA
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