This week, we’re doing something a little different.

Instead of a traditional guest conversation, we fed our full 2025 Year-End Market Review into Google’s NotebookLM and asked it to generate a five-minute discussion summarizing the year in markets.

The result is an AI-generated conversation that distills a year’s worth of research, charts, and frameworks into a concise narrative — highlighting what actually drove markets in 2025, where consensus got it right, where it didn’t, and what themes may matter most going forward.

This episode is an experiment at the intersection of markets, research, and artificial intelligence — using AI not for prediction, but for synthesis and storytelling.

Topics include:

• The dominant macro and market themes of 2025
• Growth, inflation, and the evolving policy backdrop
• Earnings, margins, and what truly drove equity returns
• How AI interprets a full year of market research
• What may — and may not — matter for markets in 2026

Think of this episode as a five-minute AI-generated debrief on the year that was — and a new way to consume market research.

About the Podcast

What’s Next for Markets? explores the key macro, market, and policy forces shaping the investment landscape — featuring conversations with leading strategists, investors, and policymakers, along with occasional experiments like this one.