Asks about budgeting for post-war Iran reconstruction and domestic priorities given Trump's stance.
Host
Kevin Hassett
Military success is faster than expected, will lead to stable Venezuela/Iran as reliable energy suppliers, reducing global risk premiums.
Questions the optimistic view as 'Pollyanna-ish' and shifts to AI productivity displacing jobs in certain sectors.
Host
Kevin Hassett
AI gives senior workers advantages; displaced rookies will find new roles with AI tools, increasing productivity and wages.
Asks about prediction markets vs. traditional investing in hard assets.
Host
Kevin Hassett
Prediction markets useful for policymakers to gauge market probabilities; personally invests in treasuries and public index funds.
Asks about SPR release trigger given current crude oil situation.
Host
Kevin Hassett
No discussion suggests SPR release anytime soon; military success will make oil market concerns less relevant soon.
Notes robust debate about tanker safety due to mines and Iran's capabilities.
Host
Kevin Hassett
Military is developing plans to ensure ships can get through safely.