Had a fascinating conversation recently about where the US economy is actually headed. We dove deep into the Federal Reserve's current policy decisions and honestly? The damage is pretty widespread.

What caught my attention most was the discussion around asset selection in this environment. When central bank policies distort markets this much, picking the right assets becomes less about fundamentals and more about understanding policy flow. The Fed's approach is creating winners and losers in ways that aren't immediately obvious.

Two topics kept coming up that most people aren't connecting: AI development and immigration enforcement. Both are reshaping economic structures faster than traditional metrics can capture. AI is rewiring productivity assumptions while deportation policies are hitting labor markets in unexpected ways. Understanding how these forces interact matters way more than most market participants realize.

But here's the wildest part - we got into why communist ideas are gaining traction among highly educated elites and their kids. Not joking. There's this weird ideological shift happening in circles that should theoretically understand economic incentives best. Makes you wonder what kind of blind spots formal education creates when it comes to practical economic reality.

The whole conversation reinforced something: macro conditions are messy right now, and the usual playbooks might not work the way they did before.