The Big 2025 Economy Forecast: AI and Big Tech, Nuclear’s Renaissance, Trump vs. China, and What’s Eating Europe?

The Big 2025 Economy Forecast: AI and Big Tech, Nuclear’s Renaissance, Trump vs. China, and What’s Eating Europe?

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. If you have questions, observations, or ideas for future episodes, email us at PlainEnglish@Spotify.com. Host: Derek Thompson Guest: Michael Cembalest Producer: Devon Baroldi Learn more about your ad choices. Visit podcastchoices.com/adchoices

Episoder(348)

A Mysterious Health Wave Is Breaking Out Across the U.S.

A Mysterious Health Wave Is Breaking Out Across the U.S.

Why do Americans die younger than citizens of other rich countries? The most important reason is that life in America is inexcusably dangerous. The U.S. has more fatalities from gun violence, drug ove...

27 Des 20241h 7min

The Productivity Paradox: Why Less Is More With Oliver Burkeman

The Productivity Paradox: Why Less Is More With Oliver Burkeman

So, here’s a scenario: It’s Monday. And you open up whatever calendar or planner or to-do list you use to organize the essential activities of the upcoming week. There’s a large project due Thursday. ...

20 Des 20241h 1min

Why American Health Care Is a "Broken System"

Why American Health Care Is a "Broken System"

Last week, UnitedHealthcare CEO Brian Thompson was shot to death outside a hotel in Manhattan by a young man motivated by rage at the insurance industry. His rage is clearly felt widely. In the afterm...

13 Des 20241h 21min

Is Crypto Entering a New Golden Age—or Just a New Era of Failed Promises?

Is Crypto Entering a New Golden Age—or Just a New Era of Failed Promises?

The crypto industry seems poised for a new golden age. But what exactly does that mean? Who would benefit? And, oh by the way, what does this technology do other than serve as a set of assets to bet t...

6 Des 202450min

Megapod: Why Is There So Much BS in Psychology?

Megapod: Why Is There So Much BS in Psychology?

In the last decade, several major findings in social psychology have turned out to be hogwash—or, worse, even fraud. This has become widely known as psychology's "replication crisis." Perhaps you have...

27 Nov 20241h 48min

Vaccine Conspiracies, Fluoride Myths, and America’s Broken Public-Health Discourse

Vaccine Conspiracies, Fluoride Myths, and America’s Broken Public-Health Discourse

Emily Oster, professor of economics at Brown University, joins the show to talk about Robert F. Kennedy Jr., his theories about fluoride and vaccines, and how the media and science community should tr...

22 Nov 202439min

The Self-Driving Revolution Is Real—and It Could Be Spectacular

The Self-Driving Revolution Is Real—and It Could Be Spectacular

What would a world of self-driven cars look like? How would it change shopping, transportation, and life, more broadly? A decade ago, many people were asking these questions, as it looked like a boom...

15 Nov 20241h 8min

How Trump Won: Young Men’s Red Wave, the Blue-City Flop, and the Incumbency Graveyard

How Trump Won: Young Men’s Red Wave, the Blue-City Flop, and the Incumbency Graveyard

Derek shares his big-picture theory for Trump's victory. Then, Republican pollster Kristen Soltis Anderson explains how Trump shifted practically the entire electorate to the right. Links: Derek's ar...

8 Nov 202452min

Populært innen Politikk og nyheter

giver-og-gjengen-vg
aftenpodden-usa
aftenpodden
stopp-verden
forklart
i-retten
popradet
det-store-bildet
fotballpodden-2
nokon-ma-ga
dine-penger-pengeradet
rss-gukild-johaug
bt-dokumentar-2
aftenbla-bla
hanna-de-heldige
rss-ness
frokostshowet-pa-p5
rss-penger-polser-og-politikk
rss-dannet-uten-piano
e24-podden