Artificial intelligence is accelerating the largest surge in electricity demand in modern American history. Data centers are being built faster than utilities can deliver power to them, and the grid was never designed for this speed or scale of load growth. Everything from national energy security to regional pricing and global technology competition will be shaped by how the United States responds in the next two to five years.

Most investors are still focused on AI models, software, and chipmakers. These are important, but they are not where the most asymmetric opportunity will come from. The deeper truth is that the next decade will be defined by the energy systems that power AI, not the AI companies themselves. The real opportunity is forming at the infrastructure layer.

In the full version of this analysis, I cover the specific regions where grid failure risk is rising, the companies that are best positioned to benefit from the AI driven power buildout, the indicators investors should monitor to stay ahead of the curve, and the policy signals that will determine the winners and losers of this new cycle.

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This week, global macro stopped whispering and started shouting.

Liquidity is tightening, repo markets are wobbling, and the Fed’s plumbing is starting to creak under the weight of a $2T annual deficit. Meanwhile:

• Robotaxis slash labor costs by 80%
  
• Amazon prepares for a 75% workforce reduction
  
• UBI enters mainstream policy debate
  
• Bitcoin falters while gold steals the narrative
  
• COP 30 quietly concedes to fossil-fueled AI
  
• The shutdown’s aftershocks hit the real economy
  
• AGI risk moves from sci-fi to macro driver
  

Inside the full MacroMashup:

➡ Liquidity stress and the return of fiscal dominance
➡ Repo strain and the Fed’s SRF going full throttle
➡ Automation’s labor shock + the inevitability of UBI
➡ Bitcoin’s narrative crisis vs. gold’s resurgence
➡ COP 30, natural gas, and the AI-energy paradox
➡ The post-shutdown macro damage
➡ The AI Rubicon: AGI, geopolitics, power grids, and capital

This is the busiest macro week of Q4—and the most consequential.

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This week delivered one of the strangest macro alignments we’ve seen in months:

• Surprise blue wins in key states
• A socialist mayor in Manhattan
• Washington and Beijing suddenly calm
• FERC quietly rewiring the grid for AI
• Bitcoin finally breaking $100,000 (on the way down)

Markets barely reacted—but politics, energy, and crypto all flashed real signals.

Inside this issue, I break down:

✅ Why blue momentum matters for policy risk and markets

✅ The “FOMO floor” forming under Bitcoin at six figures

✅ How FERC may have just unlocked a trillion-dollar AI energy boom

✅ Why DC’s shutdown went from symbolic to painful

✅ The Nvidia playbook: paranoia, speed, and ruthless execution

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If you want the macro picture without the noise, this one is worth reading.

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