Skelly sees the Mag 7 spending/capex cycle plateauing, which is a positive signal for the rest of the market as AI adoption broadens. He advocates deploying cash now, adding to value ideas (financials, healthcare) and international themes (Japan). He views policy shocks as 'pop-up ads' and expects midterms to cap upside near-term.

Levin argues that while parallels between AI and the internet era are tempting, Greenspan had demographics, stable energy prices, and Volcker's inflation-fighting legacy on his side. Warsh faces a less benign environment with energy volatility and inflation expectations moving in the wrong direction, making a productivity-driven victory lap a risky gamble.

Cohen discusses Alan Greenspan's focus on long-term economic structure and data quality. She warns that current high valuations mean investors should be cautious, as markets are 'priced to perfection.' She highlights persistent inflation risks from underfunded data collection and structural economic shifts, and notes insufficient job creation as a concern.