Former CIA acting director Jack Devine is back on Risk & Return, six months after he called the Iran conflict almost move for move. This week he tells Bob Sloan and Charlie Gasparino why there is still no deal on the table, why Tehran thinks it has the upper hand heading into the midterms, and what he would do about it. Then it’s Ukraine and the drone math that changed the war, a ten-year outlook where the US and China hold the only real AI power, and the ethics question Jack says the tech industry keeps dodging.
Bob brings the data: hedge funds are shorting the data center supply chain as the Ohio Senate race turns into a referendum on AI buildout, the shipping trade cracked after last week’s crowded long call, and JPMorgan has stopped publishing a baseline oil forecast. Plus a 1985 meeting with Admiral Poindexter, the Cuban Missile Crisis from under a college desk, and three hosts trying very hard to remember Stephen Hawking’s name.
