Wall Street Week | Hubbard on Fed Cut Fallout, Open Source AI, Nuclear Bet, Department Store Revival
This week, Glenn Hubbard warns that tariffs, shaky data and a mature credit cycle create risks as the Fed looks toward 2026. And, will open AI ecosystems win out over closed models, as AMD CEO Lisa Su and former IBM CEO Sam Palmisano suggest? Plus, from AI to manufacturing, soaring electricity demand is forcing a rethink of where our power comes from and how fast we can build to generate it. Later, can Macy’s reinvent the department store for today’s shopper?
Chapters:
00:00:00 - Glenn Hubbard on The Fed
00:09:54 - Open Source AI
00:23:48 - Betting on Nuclear
00:35:41 - Macy's Comeback
00:47:27 - Lisa Su on AI
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