What a time to experience some seasonal volatility. As we worry about the froth in our gravy back shots, investors have seemingly been worrying about the froth in megacap valuations thanks to a few signals from earnings and OpenAI's CEO.

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Hope everyone is having a nice October so far. For a minute there, it was a bit frightening to see some tariff volatility enter the chat; but glad that was short lived. Hopefully cooler heads will prevail moving forward and we can sail off into the year end. In other news, the government shutdown is still going on, agriculture deals are being proposed with Argentina, and the Fed will likely make borrowing cheaper this week.

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This podcast is for informational and educational purposes only and is not intended as financial, investment, or professional advice.

Probably the more fitting question is: will it be worth it? A lot of pieces on the economic chess board are moving fast. With A.I. driving efficiency but taking over entry level jobs, to the lackluster labor reports driven by fewer government jobs, then of course, new developments on the tariff front; the looming question will be: will it all be worth it?

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A lot of huge economic data hit the tape last week, with GDP, labor numbers, a Fed meeting, earnings week, etc. All the while, markets seemingly love finding new reasons to push through a new all time high. A lot of frenzies are returning such as crypto, meme stocks, IPOs, etc; how convincing is this market euphoria?

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ANNOUNCEMENT! Due to some career changes, the structure of Drunkenomics has to shift...but don't worry! The podcast is still in good hands of the eternally more gracious host.

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Probably not what you all were asking for, but we needed to pay some homage to the brilliant career of Warren Buffett. His insights, banter, and philosphy will be sorely missed in the investing world next year...and yes, we will all do what we can to carry the torch. Additionally, a ton of economic data came in since the last time we had a dram together. More to come on that.

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What a time to be alive...it seems like we're 5 tweets away from either a falling knife or new all time highs every other day. Now there's a 90-day pause, a joust between the Fed Chair and the President, and an honest retreat from the U.S. Dollar. I'm sure I'm missing a couple things, but go easy on me.

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Take me seriously, not literally. Literally.

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