{"podcast":{"title":"Forward Guidance","slug":"forward-guidance-4502930","podcast_index_feed_id":4502930,"rss_url":"https://feeds.megaphone.fm/forwardguidance","website_url":"https://blockworks.co/podcasts/forwardguidance/","image_url":"https://megaphone.imgix.net/podcasts/f398def0-373d-11ec-a51f-8fb207c4cf09/image/a75147ace106f858919e6a202dfa4c94.png?ixlib=rails-4.3.1&max-w=3000&max-h=3000&fit=crop&auto=format,compress","author":"Blockworks","episode_count":605,"summary":"The laws of macro investing are being re-written, and investors who fail to adapt to the rapidly changing monetary environment will struggle to keep pace. Felix Jauvin interviews the brightest minds in finance about which asset classes they think will thrive in the financial future that they envision. Follow Felix: https://twitter.com/fejau_inc Follow Forward Guidance: https://twitter.com/ForwardGuidance Subscribe on YouTube: https://www.youtube.com/@ForwardGuidanceBW Follow Blockworks: https://twitter.com/Blockworks_ Forward Guidance Newsletter: https://blockworks.co/newsletter/forwardguidance Forward Guidance Telegram: https://t.me/+nSVVTQITWSdiYTIx","last_synced_at":null,"page_url":"https://stenobird.com/podcast/forward-guidance-4502930"},"episode":{"title":"The Consumer Cushion Is Almost Gone | Weekly Roundup","slug":"the-consumer-cushion-is-almost-gone-weekly-roundup","published_at":"2026-05-15T07:00:00+00:00","page_url":"https://stenobird.com/podcast/forward-guidance-4502930/the-consumer-cushion-is-almost-gone-weekly-roundup","show_page_url":"https://stenobird.com/podcast/forward-guidance-4502930","url":"https://traffic.megaphone.fm/BWG6073892716.mp3","audio_url":"https://traffic.megaphone.fm/BWG6073892716.mp3","summary":"Markets are partying like it’s 2021 again, but consumers are cracking, inflation is heating up, and policymakers may be losing control. This week, we unpack the AI-driven melt-up in equities, the hidden stress building across Main Street, and why hyperscaler debt, derivatives mania, and rising bond yields are creating an increasingly unstable macro backdrop. We also explore the consumer slowdown, Nvidia selling chips to China, tariff reversals, retail speculation, energy inflation, Fed paralysis, and the growing disconnect between capital markets and the real economy. Enjoy! TIMESTAMPS: 00:00 Dell Children’s Fundraiser 05:55 Monster Earnings And AI 07:59 Is This A Bubble? 12:52 The AI Economy Flywheel 14:56 Frothy AI Positioning 20:10 Consumer Stress Hits Retail 27:17 Main Street Is Breaking 31:54 Yields Pressuring Markets 34:41 Who Removes The Punch Bowl? 39:24 Will The Fed Accommodate AI? 42:26 Trump’s Policy Reversal 47:02 Populism Against AI Politics 51:55 $10k Donation Goal FOLLOW THE SHOW › Forward Guidance – https://x.com/ForwardGuidance › Felix – https://x.com/fejau_inc › Quinn – https://x.com/qthomp › Tyler – https://x.com/Tyler_Neville › Telegram – https://t.me/+CAoZQpC-i6BjYTEx › Blockworks – https://x.com/Blockworks RESOURCES › Weekly Roundup Charts – https://drive.google.com/file/d/1dYIYTeh-rRK9vHQG_Qa_6GtJuQbbcbc5/view?usp=sharing › Dell Children's Donation – https://give.supportdellchildrens.org/team/826061 DISCLAIMER Nothing said on Forward Guidance is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only. Any views expressed are opinions, not financial advice. Hosts and guests may hold positions in the companies, funds, or projects discussed.","meta_description":"Markets are partying like it’s 2021 again, but consumers are cracking, inflation is heating up, and policymakers may be losing control. This week, we unpa…","key_points":[],"chapters":[],"topics":[],"duration_seconds":3159,"processing_state":"not_requested","actions":[{"name":"request_transcript","method":"POST","url":"https://stenobird.com/v1/public/podcasts/forward-guidance-4502930/episodes/the-consumer-cushion-is-almost-gone-weekly-roundup/transcription-requests","description":"Idempotently request low-priority transcript generation for this episode."},{"name":"read_markdown","method":"GET","url":"https://stenobird.com/podcast/forward-guidance-4502930/the-consumer-cushion-is-almost-gone-weekly-roundup.md","description":"Read the agent-friendly Markdown representation of this episode resource."}]}}