The Two Biggest Macro Forces Driving Markets Over The Next Decade w/ Michael Nicoletos

<p><a href="https://milkroad.com/pro/?utm_medium=audio&utm_source=podcast_organic_macro&utm_campaign=pod-may26" target="_blank" rel="noopener noreferer">🧠 Capitalize on this bull market by tracking our PRO analysts&#39; portfolios and live trades - just $1 for 7 days.</a></p><p><br></p><p>~~~~~~</p><p><br></p><p>In today&#39;s episode, we break down why the intersection of global geopolitics and artificial intelligence is creating a massive macro realignment, how supply-side inflation is forcing central banks into structural policy mistakes, and why the global &quot;AI race&quot; is fundamentally tied to energy dominance.Michael Nicoletos, founder and CEO of Defy Advisors, explains why a temporary truce in the Strait of Hormuz won&#39;t stop the U.S. from leveraging control over global energy supplies to corner China, why traditional interest rate hikes fail to fix supply-side energy shocks, and why the Federal Reserve is ultimately positioned to choose rate cuts over an economic depression.</p><p><br></p><p>~~~~~~ </p><p><br></p><p><a href="http://nexo.com/milkroad" target="_blank" rel="noopener noreferer">⚡ Wealth is evolving, use Nexo to earn, borrow, and trade crypto all in one secure platform. </a></p><p><br></p><p><a href="https://out.milkroad.com/Cape2026Podcast" target="_blank" rel="noopener noreferer">📱 Your carrier sells your data, switch to Cape and get 33% off your first 6 months with code MILKROAD.</a></p><p><br></p><p><a href="https://out.milkroad.com/Kalshi2026Podcast" target="_blank" rel="noopener noreferer">🔮 Turn your takes into trades on Kalshi: predict real-world outcomes, and get $10 free when you trade $10.</a></p><p><br></p><p>~~~~~~ </p><p><br></p><p><a href="https://milkroad.com/subscribe/?utm_medium=audio&utm_source=podcast_organic_macro&utm_campaign=pod-may26" target="_blank" rel="noopener noreferer">🍺 Your Edge in Macro Investing (Newsletter). </a></p><p><br></p><p>~~~~~~ </p><p><br></p><p>👉 Follow Milk Road Macro on Social Media: </p><p>👉 <a href="https://x.com/MilkRoadMacro" target="_blank" rel="noopener noreferer">Milk Road X </a></p><p>👉 YouTube </p><p>👉 <a href="https://open.spotify.com/show/0QRuoqgBXmSqtjtY0WDVrE" target="_blank" rel="noopener noreferer">Spotify </a></p><p>👉 <a href="⁠https://podcasts.apple.com/us/podcast/milk-road-macro/id1828927405" target="_blank" rel="noopener noreferer">Apple Podcast</a></p><p><br></p><p>~~~~~ </p><p><br></p><p>🎙 GUEST INFO 🎙</p><p> Michael Nicoletos: <a href="https://x.com