Stocks Keep Hitting New Highs… Even As Macro Gets Worse

<p><a href="https://milkroad.com/pro/?utm_medium=audio&utm_source=podcast_organic_macro&utm_campaign=pod-may28" target="_blank" rel="ugc noopener noreferrer">🧠 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 oil prices are falling despite the closure of the Strait of Hormuz, how the bond market is reacting to a new Federal Reserve chairman, and why tech and semiconductor stocks are pushing to unstoppable all-time highs.</p><p>Tony Greer explains why he is pivoting away from the natural resources and inflation scare, why the &quot;Sideshow&quot; in tech doesn&#39;t care about old-school market rules, and how Nvidia continues to carry the weight of a historic equities rally. We dive deep into how a historic $4 trillion wave of upcoming tech IPOs could vacuum all the liquidity out of the room, and how the Trump administration is weaponizing domestic semiconductor investments like Intel as a matter of absolute national security.</p><p><br></p><p>~~~~~~ </p><p><br></p><p><a href="http://nexo.com/milkroad" target="_blank" rel="ugc noopener noreferrer">⁠⚡ 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="ugc noopener noreferrer">⁠📱 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="ugc noopener noreferrer">⁠🔮 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-may28" target="_blank" rel="ugc noopener noreferrer">⁠🍺 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="ugc noopener noreferrer">Milk Road X</a> ⁠</p><p>👉 <a href="https://www.youtube.com/@MilkRoadMacro" target="_blank" rel="noopener noreferer">YouTube </a></p><p>👉 ⁠<a href="https://open.spotify.com/show/0QRuoqgBXmSqtjtY0WDVrE" target="_blank" rel="ugc noopener noreferrer">Spotify </a>⁠</p><p>👉 ⁠<a href="https://pod