How's the stock market doing, minus AI?
Summary
This episode examines the widening gap in the stock market, where a handful of AI giants drive record highs while most other sectors struggle with rising interest rates. Hosts discuss the circular AI supply chain and the challenges of regulating concentrated corporate power. The segment also covers the bond market's signal of economic resilience and rising consumer debt, highlighted by auto loan delinquencies at levels unseen since the financial crisis.
Topics discussed
Host reflection: Is the stock market the economy?
Market bifurcation: AI stocks vs. the rest
Market update and upcoming earnings season
Earnings preview: Banks and consumer goods
Transition to AI supply chain discussion
Interview: Mapping the circular AI supply chain
Regulation challenges and collective action problems
Corporate power dynamics and public sentiment on AI
Transition to market numbers
Market numbers: Stocks, mortgages, and bonds
Sponsor segment: Gusto payroll software
Interview: Yield curve and bond market signals
Consumer debt and rising delinquency rates
Report: Struggling auto loan payments
Levi Strauss earnings and marketing strategy
Credits and sign-off
Donation appeal for Marketplace
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