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Speaker 1: Bloomberg Audio Studios, podcasts, radio news.

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Speaker 2: A single best idea and on a wonderful Friday, a

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Speaker 2: strange Friday. Thank you Claudia Sam for being with us.

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Speaker 2: It's jobs Day, but it wasn't. And I have to admit,

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Speaker 2: not in the last twenty four hours, but in the

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Speaker 2: last three days, distant from the agony of no paycheck.

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Speaker 2: It's just hit me, the agony of the shutdown. This

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Speaker 2: is serious stuff. We all know that nobody needs to

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Speaker 2: hear it from me, but it was a joy to

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Speaker 2: have Claudia Sam with their prodigious abilities, really talk about

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Speaker 2: where we are with no October paychecks TSA just as

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Speaker 2: one example, five weeks into this as well, and where

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Speaker 2: we could be in days. I have no idea what

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Speaker 2: happens this weekend around the airlines of that. I thank

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Speaker 2: you to all of our team out at Newark for

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Speaker 2: their reporting today. But I just tell you, folks, to shutdown.

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Speaker 2: It is real. We had a wonderful conversation with Troy Guyeski.

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Speaker 2: This is just a wonderful window into like sort of

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Speaker 2: like the academics and also the job of what are

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Speaker 2: so many of our guests do. I'm Katie Kaminsky of

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Speaker 2: Elves Simplex DOUBLEEPHD and Electrical Engineering from MIT up in Boston,

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Speaker 2: Good Morning ninety two nine FM, and then into Gaysky

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Speaker 2: Chemical Engineering MIT as well. On the markets, here's Troy Guyesky,

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Speaker 2: a future standard.

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Speaker 1: Fundamentally talked about technicals a lot with your electrical engineering

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Speaker 1: guests before. No offense to that discipline, but you know

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Speaker 1: we're chemy's right, Tom, your dad was obviously, but you know,

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Speaker 1: on the fundamentals right now, it's really a collision course

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Speaker 1: between the tremendous AI spends that are going on, of

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Speaker 1: which in Nvidia and hardware huge beneficiaries, and the concern

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Speaker 1: over whether those can be sustained by cash flows going forward.

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Speaker 1: So we would think we're in more of a consolidation

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Speaker 1: period and the trend will re emerge over time. But

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Speaker 1: make no mistake, you know, at this particular point it's

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Speaker 1: unlikely we have material upside into next week. It's going

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Speaker 1: to take several weeks for consolidation, and then the fundamentals

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Speaker 1: when Videa's earnings come out, should reassert themselves.

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Speaker 2: Try to ask you. We heard that from Ben Ladler

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Speaker 2: as well at Bradesco, and then it just has to

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Speaker 2: work itself out. Ben Ladler, with that great Christmas Eve

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Speaker 2: twenty eighteen call still quite optimistic on the underlying trend,

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Speaker 2: something Katie Kaminski's expert on at Alpha Simplex. We continue

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Speaker 2: with Troug Gaski, this is just a moment, folks into

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Speaker 2: the academics. I take immense umbrage at the great inflation today,

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Speaker 2: and I take immense agony that people think it's everywhere

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Speaker 2: in every university. One of the hallmarks of the success

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Speaker 2: of Bloomberg over three decades plus has been we try

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Speaker 2: to hire best and brightest from academic programs with rigor.

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Speaker 2: Just a window into the chemical engineering program at Massachusetts

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Speaker 2: Institute of Technology, just for a moment, Troy Guyesky butchering

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Speaker 2: his freshman year at MIT, Well.

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Speaker 1: How I guess I'm proud enough at this stage of

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Speaker 1: my life to admit that my first chemical engineering class

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Speaker 1: was thermodont Amics and fluid Mechanics, and literally the first

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Speaker 1: fluid mechanics test. I got an eighteen in eighteen right,

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Speaker 1: and I studied my rear off for it, and so

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Speaker 1: it was like Holy cow. But the mean was a

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Speaker 1: thirty one, so I didn't feel like such a loser.

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Speaker 2: For those of you in the record, I had Searsan

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Speaker 2: Zamansky and aerospace at Boulder, and I think I pulled

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Speaker 2: a D plus and the curve in a was I'm

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Speaker 2: going to say fifty. I mean the reality here away

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Speaker 2: from this idiot great Inflation of twenty twenty five, is

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Speaker 2: there some rigorous programs out there. Shut out to Jim

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Speaker 2: Kern with all of his academics at keil Tech as well,

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Speaker 2: but many many other guests, a prodigious intellect that we're

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Speaker 2: trying to bring you every day and economics, finance, investment,

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Speaker 2: and international relations. That was Troy Gieski at Future Standard

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Speaker 2: on podcasts, out at Apple, out of Spotify on YouTube

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Speaker 2: podcasts at Single Best Idea