Videos Of The Week
Thanksgiving, The State Of The Conservative Party & Economic Regime Change
I hope everyone had a great Thanksgiving last week and enjoyed spending some time with family and friends. It’s one of my favorite holidays every year and a great time to reflect on what is important. I also had a chance to meet up with a friend I had on the podcast last week, and we were able to solve all the world’s problems. I’m only half joking, but we started talking about Mike Green’s recent piece that went viral, and it’s definitely worth a read. The other piece that investors should read is the Q3 2025 Goehring & Rozencwagj research.
Goehring & Rozencwagj Q3 2025: Moving From Carry To Anti Carry
To go back to the discussion I had last week on fixing all the world’s problems, I think it deserves a full post, but Trump alluded to one of the potential improvements in a tweet on Thanksgiving talking about pausing migration, ending all benefits to noncitizens, and reverse migration. With stuff like this, talk is cheap, but Bessent came out recently about cutting off federal benefits for noncitizens. It’s hard to give them the benefit of the doubt after some of the other stuff that has happened this year, but this is going to be one of the most important issues in next year’s midterm elections. At the end of the day, the golden rule is to ignore what they say, and pay attention to what they do.
The J. Burden Show w/ Stormy Waters
I know that politics is a topic that some people avoid for Thanksgiving, but I think the topics from this video will be some of the main things to watch for US politics in 2026, specifically for the Republican Party (or what’s left of it). If the Trump administration doesn’t make some major changes, the midterms next year are probably going to be ugly. They talk about the different conservative factions fighting for control, and how the federal government continues to lose legitimacy in the eyes of the public.
One of the other topics worth bringing up, which seems to be getting more attention these days, is the divide between the younger generations and the older generations, specifically for conservatives or people on the right. They also covered the widening gap between Tucker Carlson, Nick Fuentes, and other figures on the right that have been rising in influence, and guys like Mark Levin, Ben Shapiro, and other neoconservative figures that are quickly becoming irrelevant. The Overton Window keeps shifting, and I think the midterms next year could be pretty interesting.
Macro Voices w/ Laskhman Achuthan
If you want a look at markets and economies from a 30,000 foot view, this one is worth a watch. They discuss economic regime change, inflation, and the K-shaped economy. Coming into 2025, they were expecting a slowdown in growth but not a hard landing, with inflation sticky but not spiraling out of control. More recently, they have seen their forward indicators for growth ticking up, from July through September. One of the reasons they think inflation will stay under control is because the broad economy (outside of the K-shaped economy) and middle class can’t handle it.
They also talk about global industrial growth cycles and oil, and their forward indicators pointing to those cycles starting to turn up. Sensitive industrial materials prices moving up as a group, and breadth is improving, and it would be unusual for oil to not participate in that eventually. It might be awhile, but their future inflation gauges are not an issue for now.
Superb synthesis of the political and economic crosscurrents heading into 2026. You're absolutely right to highlight the Overton Window shift within conservative circles, and the bifurcation between the old guard neocons and the newer figures represents more than just a personality clash. It's a fundamental realignment around where state power should flow and who benefits from the economic regime. The Achuthan interview touched on something critical: the K-shaped economy isn't just a recovery pattern, it's become a structural feature. When forward indicators for industrial growth tick up while the middle class can't absorb higher inflation, you're describing an economy that's bifurcating along class lines in ways that will inevitableshape electoral outcomes. The midterms won't just be a referendum on Trump but on whether this economic architecture can hold politically.