John Coogan

Okay, so the American Economic Roller Coaster.

It's good to be back.

It's good to be back.

Yeah.

We got a bunch of stuff going on.

A whole bunch of economic news over the last couple days.

Stock market is absolutely ripping.

We should be in white suits.

Intel's up 20% today, almost.

And there's this split between the AI economy and the real economy, the American economy.

And there's a whole bunch of different things that you need to puzzle together to get a picture of what's going on.

And then I'm discovering that there are

K shapes within the K shapes, even in the real economy, there's divide between different companies.

And so I wanted to walk through that.

So let's start with the Intel news.

It's up almost 20% today on the news that they will be making chips for Apple.

There's a report in the Wall Street Journal about this.

They've released, reached a preliminary chip making agreement.

It's not completely locked in, but there's a whole bunch of extra context here that we've been tracking for the last six months, 12 months, as some of this was expected.

the revitalization of Intel was something that a lot of folks were clamoring for, Ben Thompson, myself, a lot of folks were all hoping for something, and plans are starting to come together.