In this special round table episode, TerrifiedOfAI sits down with Alloy, CarlyBme, and mphinance for an honest, wide-ranging conversation about the state of the economy as we close out 2025 and what may be coming in 2026. Together they break down the biggest surprises of the year, the implications of upcoming rate cuts, the changing role of the Federal Reserve chair, and what shifting unemployment data may be signaling beneath the surface.
The group also explores how rapid advances in AI are reshaping work, wages, productivity, and the long-term stability of the dollar. From fiat debasement concerns to global liquidity cycles, to the ways young workers are experiencing this economy differently.
The episode closes with a forward-looking discussion about markets heading into 2026. Each guest shares their base case, their biggest risk, and the one narrative they believe everyone is getting wrong.
If you want a grounded, nuanced, and candid look at macro forces and market structure from three sharp and independent thinkers, this is the episode to watch.
Learn more about Alloy
https://buymeacoffee.com/alloy2077
https://prism.prismadic.ai/
https://afterhour.com/ALLOY
Learn more about CarlyBme
https://afterhour.com/carlybme
Learn more about mphinance
https://mphinance.substack.com/
https://afterhour.com/mphinance
Video Chapters
0:00 Compliance happiness and Intro
0:47 Start of the episode - Meet the Guests
13:03 2025 So Far
21:20 Federal Reserve Discussion
32:35 Next Fed Chair
43:34 Inflation and Its Ties Global Macro
52:38 The Yen Carry Trade
1:04:19 Unemployment
1:24:33 Debasement Trade
1:38:48 2026 Outlooks (Long)
2:12:51 Closing Remarks and Where to Find the Panelists
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macro analysis
market outlook 2026
federal reserve
rate cuts
inflation 2026
unemployment trends
ai economy
fiat currency
dollar strength
yen carry trade
volatility markets
risk assets
financial literacy
economic forecast
investment discussion
recession risk
market cycle
global liquidity
personal finance
Alloy
CarlyBme
mphinanc