{"podcast":{"title":"Full Signal","slug":"full-signal-7568617","podcast_index_feed_id":7568617,"rss_url":"https://anchor.fm/s/10b3e31fc/podcast/rss","website_url":"https://podcasters.spotify.com/pod/show/philrosen","image_url":"https://d3t3ozftmdmh3i.cloudfront.net/staging/podcast_uploaded_nologo/44735927/44735927-1762224313042-f105205d033e1.jpg","author":"Phil Rosen","episode_count":109,"summary":"Unpacking the highest-conviction investment ideas from the world's smartest investors. Award-winning journalist and market strategist Phil Rosen hosts top portfolio managers, capital allocators and Wall Street executives to uncover how they think about markets, pick stocks, manage risk and generate investment ideas. Phil is the Chief Market Strategist at ProCap Financial and the co-founder & CEO of Opening Bell Media. His daily markets newsletter reaches more than 200,000 investors every morning.","last_synced_at":"2026-09-16T00:17:48.487183+00:00","page_url":"https://stenobird.com/podcast/full-signal-7568617"},"episode":{"title":"Macro Strategist: 3 stocks to BUY as leverage hits the AI trade","slug":"macro-strategist-3-stocks-to-buy-as-leverage-hits-the-ai-trade","published_at":"2026-07-16T12:00:00+00:00","page_url":"https://stenobird.com/podcast/full-signal-7568617/macro-strategist-3-stocks-to-buy-as-leverage-hits-the-ai-trade","show_page_url":"https://stenobird.com/podcast/full-signal-7568617","url":"https://podcasters.spotify.com/pod/show/philrosen/episodes/Macro-Strategist-3-stocks-to-BUY-as-leverage-hits-the-AI-trade-e3m4tlr","audio_url":"https://anchor.fm/s/10b3e31fc/podcast/play/122893435/https%3A%2F%2Fd3ctxlq1ktw2nl.cloudfront.net%2Fstaging%2F2026-6-15%2F428037439-44100-2-ad82172db221c.mp3","summary":"Jack Farley is a macro expert and the co-founder of the Monetary Matters Network. He joins Phil Rosen on Full Signal to discuss the semiconductor sell-off, the strongest bear case against AI, blowout bank earnings, the specific stocks he's buying right now, and how he'd allocate a $100,000 portfolio today. Today's episode is sponsored by Direxion: https://shorturl.at/EBirr Subscribe to Opening Bell Daily: https://www.openingbelldailynews.com/subscribe Follow Phil on X: https://x.com/philrosenn Follow Phil on LinkedIn: https://www.linkedin.com/in/philrosen/ Timestamps: 0:00 - Semiconductor bear market 1:19 - Leverage unwinding the rally 2:32 - Crowded AI trade 4:13 - Broadcom, Marvell 6:36 - Intel skepticism 8:07 - Michael Burry's bear case 10:44 - AI's subsidized economics 12:40 - Tokenmaxxing 15:05 - AI economics 18:17 - Rotating into software 19:19 - IBM's worst day ever 23:13 - Blowout bank earnings 25:34 - Stablecoins outlook 27:36 - Lam Research 32:16 - Texas Pacific Land 34:51 - S&P Global 37:08 - Building a $100,000 portfolio 44:34 - Follow Jack #podcast #investing #markets #macro #stocks #bitcoin #fed","meta_description":"Jack Farley is a macro expert and the co-founder of the Monetary Matters Network. He joins Phil Rosen on Full Signal to discuss the semiconductor sell-off…","key_points":[],"chapters":[],"topics":[],"duration_seconds":2696,"processing_state":"not_requested","actions":[{"name":"request_transcript","method":"POST","url":"https://stenobird.com/v1/public/podcasts/full-signal-7568617/episodes/macro-strategist-3-stocks-to-buy-as-leverage-hits-the-ai-trade/transcription-requests","description":"Idempotently request low-priority transcript generation for this episode."},{"name":"read_markdown","method":"GET","url":"https://stenobird.com/podcast/full-signal-7568617/macro-strategist-3-stocks-to-buy-as-leverage-hits-the-ai-trade.md","description":"Read the agent-friendly Markdown representation of this episode resource."}]}}