This week’s Wall Street Week explores shifting economic dynamics, beginning with former Cleveland Fed President Loretta Mester discussing recent changes in inflation trends and their broader economic consequences. The conversation examines the strain on industrial capacity as the U.S. plans a major naval buildup known as the 'Golden Fleet' to counter China’s maritime expansion. Experts assess whether domestic shipyards can deliver on these large-scale defense projects efficiently and within budget constraints.
The program also covers the financial fallout for small businesses following the Supreme Court’s decision to invalidate the IEEPA tariffs from the Trump administration, focusing on ongoing efforts to secure refunds. In another segment, Blair Effron of Centerview Partners discusses how artificial intelligence is transforming investment strategies. From forecasting market movements to optimizing asset allocation, AI tools are now integral to modern financial decision-making, prompting firms to rethink traditional approaches and adapt to new technological realities.