Show Notes
Click the link http://kalshi.com/r/MOSES or download the Kalshi App and use code MOSES to sign up and trade today!
Checkout WAWD on Substack: https://whatarewedoingonthedesk.substack.com/OTT
Sonali joins the podcast on the one-year anniversary of moving from Bloomberg to iCapital, discussing her media series “The Bridge” and iCapital’s reach across wealth and asset managers. The conversation centers on AI economics, especially how declining token costs shift value along the “AI food chain,” with hyperscalers capturing a large share while software and enterprises benefit as costs fall, and with demand (Jevons paradox) potentially sustaining aggregate spend and CapEx. They address rising APAC innovation, why frontier labs pursue IPOs amid heavy cash burn and broad access to debt and equity, and the new NVIDIA-led $500B compute financing platform as Wall Street crowds into AI while investors struggle to diversify as infrastructure, power, and data centers converge. They discuss abundant 2026 liquidity that may tighten, oil’s impact on consumers and second-half caution, hedge fund crowding and the situational awareness leverage unwind, valuation dispersion (semis vs financials/utilities), and rate risks including Treasury basis-trade leverage, a 10-year yield range of 4–4.8%, Japan’s carry trade, and selective interest in Japan and parts of APAC for international exposure.
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ABOUT THE SHOW
For decades, Danny has seen it all on Wall Street and has built his reputation on integrity, curiosity and skepticism that he will bring with him each week. Having traded through the Great Financial Crisis and being featured in "The Big Short" is only part of the experiences Danny wants to share with the listener. This weekly podcast cuts through market noise, offering entertaining and informative discussions with expert guests giving their views of the financial world and the human side of it. Whether you're a seasoned investor or just getting started, On The Tape provides something for all listeners.
Follow Danny on X: @dmoses3
The financial opinions expressed are for information purposes only. The opinions expressed by the hosts and participants are not an attempt to influence specific trading behavior, investments, or strategies. Past performance does not necessarily predict future outcomes. No specific results or profits are assured when relying on this content.
Before making any investment or trade, evaluate its suitability for your circumstances and consider consulting your own financial or investment advisor. The financial products discussed in 'On The Tape' carry a high level of risk and may not be appropriate for many investors. If you have uncertainties, it's advisable to seek professional advice. Remember that trading involves a risk to your capital, so only invest money that you can afford to lose.
Derivatives are not suitable for all investors and involve the risk of losing more than the amount originally deposited and any profit you might have made. This communication is not a recommendation or offer to buy, sell or retain any specific investment or service.
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Learn more about Astraeus Wealth Management: http://astraeuswealth.com/partner-with-us
Checkout David's Book: https://www.amazon.com/dp/1997701774?lv=shuf&channelId=500&plpRedirect=mhFallback
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