Latest / The Macro Memo with Fexingo: Daily Conversations on Inflation, GDP, and Federal Reserve Policy
Blue-Collar Workers Are Winning the AI Economy
Lucas and Luna examine how the AI-driven economy is reshaping opportunities for blue-collar workers. With the S&P 500 at 7,473 and the Russell 2000 up 3.4% in five days, small-cap gains signal a rotation into domestic industrials and services. Core CPI at 335.4 and a 10-year breakeven of 2.40 show persistent inflation, but job openings fell to 6.866 million and hourly earnings rose to $37.40. Lucas argues that AI automation is creating demand for technicians, installers, and maintenance workers—jobs that can't be offshored. Luna asks whether wage gains will hold as the Fed under new…
The skinny
The skinny isn't ready yet — notes appear once the transcript is processed.