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Economy
The AI Energy Grid and the Coming Debt Trap
The AI revolution has finally slammed into its hard constraint — physics. For all the digital bravado, every line of code and neural net…
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Speech by Governor Barr on artificial intelligence and innovation
Thank you for the opportunity to speak to you today.1 It is an honor and a…
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Even-Weighted S&P 500 Outperforms as Market Breadth Improves
After yesterday’s huge rally (S&P +1.5%, NASDAQ +2.3%), stocks are giving some back today. Once again, the move is AI-related, where…
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Commodities Could Outshine Equities as Monetary Easing and Growth Reaccelerate
"This is *the* key asset class to watch in the coming months and years"
Here’s one key asset class that’s out of fashion, overlooked, and…
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Semiconductor Stocks Outperform as Supply Pressures Ease and AI Demand Grows
Wall Street extended gains Monday as investors cheered signs that the historic U.S. government shutdown could finally be nearing an end.…
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Capital Flight to America Accelerates as Tesla Hype and AI Boom Dominate Markets
shareholders voted to provide Elon Musk with a $1 trillion pay package by a whopping 75%. Of course, for Elon Musk to get his $1…
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Could Trump’s Tariffs Go the Way of the White House East Wing?
The diggers have already demolished parts of the White House’s East Wing to create Donald Trump’s new ballroom. Could the Supreme Court…
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Tactical Vs. Strategic Investing: Where Should You Draw the Line
There’s no consensus on what defines “tactical” for asset allocation, but I know it when I see it. But on Wall Street and beyond, the…
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Investor Dilemma: The Pavlovian Trap Behind Every Market Rally
Classical conditioning teaches us a valuable lesson regarding the current investor dilemma. Pavlov’s research discovered a basic…
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