Stocks Are Rotating Hard; This Is Where Smart Money Is Going | Sam Burns

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, 2025To get 5% off of your CoolWallet purchase, use my link: https://www.coolwallet.io/discount/davidcwSubscribe to my free newsletter: https://davidlinreport.substack.com/Listen on Spotify: https://open.spotify.com/show/510WZMFaqeh90Xk4jcE34sListen on Apple Podcasts: https://podcasters.spotify.com/pod/show/the-david-lin-reportFOLLOW SAM BURNS:Mill Street Research: https://www.millstreetresearch.com/Twitter (@MillStResearch): https://twitter.com/MillStResearchFOLLOW DAVID LIN:X (@davidlin_TV): https://x.com/davidlin_TVTikTok (@davidlin_TV): https://www.tiktok.com/@davidlin_tvInstagram (@davidlin_TV): https://www.instagram.com/davidlin_tv/For business inquiries, reach me at david@thedavidlinreport.com*This video is not financial advice. The channel is not responsible for the performance of sponsors and affiliates.0:00 - Intro2:10 - 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