Hyperscaler Selloff | The Taco Index | Fed on Hold

AI Capex is rattling markets, Trump has a new policy trigger, and the Fed's new chair faces his first big test. In this episode of Off the Charts, Andrew Sarna and Vanessa Hui break down why hyperscalers spending $700 billion on AI infrastructure is spooking investors, why Trump's decision to return to the negotiation table with Iran is best understood through a four-variable "taco index," and why new Fed Chair Kevin Warsh is almost certain to hold rates, even as hike odds climb. WHAT TO LISTEN FOR :32 Why is the market punishing hyperscalers for their AI CapEx spending? 1:42 Are the Mag Seven turning into the next commodity producers? 2:48 What is the taco index and how does it predict Trump's next move? 5:38 What should investors expect from new Fed Chair Kevin Warsh this week? 7:37 How is AI reshaping the real economy and what does it mean for rate hikes?   CONNECT WITH ANDREW SARNA Website | LinkedIn Off the Charts Newsletter   CONNECT WITH VANESSA HUI Website | LinkedIn    This podcast is for informational purposes only and does not constitute investment advice. Views expressed are those of the speakers and should not be relied upon for investment decisions.