Episode 76: Does Tech Have More Room To Run? With Mish Schneider

The Nasdaq’s record highs, driven by persistent AI momentum and robust earnings, highlight a bifurcated market where asset owners thrive despite broader economic weakness. While high bond yields persist, they reflect a normalization rather than a systemic threat to the AI-led "fourth industrial revolution." Investors should monitor the "axles and chassis" of this growth—specifically energy infrastructure, including nuclear power and natural gas pipelines, which are essential for supporting AI data centers. Bitcoin remains a strategic play, benefiting from post-halving supply constraints and shifting generational trust. Market participants should maintain a flexible, data-driven approach, balancing contrarian bottom-picking with momentum-based strategies. Key opportunities exist in robotics-related hardware and rare earth minerals, though success requires disciplined risk management and patience in navigating current market volatility.