Data Without Government

AI spending is exploding, but are the returns keeping pace? Mary MacNamara sits down with James Yendrey of InvestMentorSM to explore hyperscaler CapEx, rising debt loads, shrinking free cash flow, GPU utilization concerns, and whether today’s AI infrastructure boom resembles the telecom buildout of the 1990s or the setup for a costly correction.

Most people never think about commodities until prices go up. But from the beef in your burrito bowl to the copper in your iPhone, the rubber in your sneakers, and the gas in your car, commodity markets influence nearly every purchase you make. In this episode, Mary MacNamara sits down with Ryan Gorman, Manager of Retail Education at CME Group, to uncover how futures markets, tariffs, freight costs, supply shocks, and global events quietly shape what you pay every day.

Stocks are soaring, earnings are up 25%, and yet Americans keep saying the economy feels broken. Jose Torres explains why — a shrinking workforce, a Fed playing catch-up, and an AI-fueled market that’s leaving regular paychecks behind.

The unemployment rate grabs headlines, but is it telling the whole story? James Yendrey of InvestMentorSM joins Drew Tunstall to explain why labor force participation may be one of the most important and overlooked indicators of economic health. From retiring Baby Boomers and Gen Z’s delayed workforce entry to labor shortages and long-term growth, they unpack what the numbers really reveal about America’s workforce.

Why do people take on student loans, buy homes, and invest decades before retirement? James Yendrey of InvestMentor breaks down consumption smoothing—the economic theory that explains how people spread resources across their lifetime—and explores how behavioral biases, debt, investing, and future expectations shape our financial decisions.