Video Description

Sam Burns, Chief Strategist of Mill Street Research, discusses the labor market, economic growth, and where capital in the markets are rotating to. *This video was recorded on November 20, 2025 To get 5% off of your CoolWallet purchase, use my link: https://www.coolwallet.io/discount/davidcw Subscribe to my free newsletter: https://davidlinreport.substack.com/ Listen on Spotify: https://open.spotify.com/show/510WZMFaqeh90Xk4jcE34s Listen on Apple Podcasts: https://podcasters.spotify.com/pod/show/the-david-lin-report FOLLOW SAM BURNS: Mill Street Research: https://www.millstreetresearch.com/ Twitter (@MillStResearch): https://twitter.com/MillStResearch FOLLOW DAVID LIN: X (@davidlin_TV): https://x.com/davidlin_TV TikTok (@davidlin_TV): https://www.tiktok.com/@davidlin_tv Instagram (@davidlin_TV): https://www.instagram.com/davidlin_tv/ For business inquiries, reach me at [email protected] *This video is not financial advice. The channel is not responsible for the performance of sponsors and affiliates. 0:00 - Intro 2:10 - Market recap 3:58 - Macro variables 5:22 - Labor market 11:50 - Tech Capex 14:38 - Financial sector 16:28 - Inflation 21:40 - AI bubble 24:50 - Tactical positioning 27:40 - Interest rates 32:00 - Fed 33:50 - Market outlook #investing #stocks #economy