What’s a Fed to Do? Hyperscaled or Hyper-Concentrated?

In this month’s Cup o Joe, hosts Mike Carrozzo and Nick Webb break down the economic crosswinds heading into year-end — inflation that just won’t ease, a softening jobs picture, and a Fed caught between the two.

Nick explains why tech’s “hyperscaling” has created wealth concentration unseen in decades, and how data centers are becoming a key driver of metals demand. Mike connects it all back to steel, aluminum, and real-world supply chain implications for manufacturers.

Also on the menu: a 40% jump in turkey prices, the Algoma exit, and why the aluminum market looks more like an alligator’s mouth than ever.