Market Junkie navigating the markets. 15yrs experience B2B and municipal sales. 20yrs+ trading. Author of forthcoming book: $ituational Awareness.
Scottsdale, AZ
Joined September 2018
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I have a confession to make. I wrote a book to help make economic cycles more clear to the typical person and am in the final edit now. Due to this, I just launched a new Substack as an accompaniment. Welcome to The Rhythm of the System.
open.substack.com/pub/rhythm…
NickTomasAZ retweeted
Yields sank and the Nasdaq tanked.
Be careful what you wish for when it comes to lower yields, especially if it is due to AI slowing down.
Not good and definitely something to be aware of, as this is how unwinds begin.
Timely week to post The Financial Fault Lines Beneath the AI Boom series. Here's Part 1. 👇
the-economy-tracker.beehiiv.…
One thing in the Industrial Production report that stood out was the abrupt September decline in Information Processing Business Equipment production. The category has been tracking the AI infrastructure buildout among businesses and this pullback, while just one month, certainly provides a tangible datapoint that backs the concerns the market is expressing pertaining to the AI trade. An above average trend persist three quarters of the way through the year, but the heat has definitely faded from what was observed earlier in the year. $XLK $SMH $DRAM
It's Friday. Which means it's time for the Holy Macro show.
Stocks Are Ready to Rally. But There's One Big Problem. xitter.cf/i/broadcasts/1DxLdZnpR…
The warning signs are accelerating.
ANTHROPIC IPO VALUATION EXPECTATIONS DROP TO ~$1.5T FROM $2T: RTRS
Some existing and prospective investors are reconsidering the Claude maker's valuation ahead of its anticipated November IPO, according to Reuters.
Anthropic reported Q3 revenue of $16.8B, up 45% QoQ, compared with growth of more than 100% in Q2, when revenue reached $11.6B.
Despite reporting adjusted profitability, the slowdown disappointed some investors, with a broader tech selloff and concerns over rising AI infrastructure costs adding pressure.
The company has committed to spending at least $518B on cloud computing and infrastructure over the next decade.
Source: Reuters.
NickTomasAZ retweeted
When the government cannot make its mind, businesses are forced to hedge.
You hedge by building redundancy eg factories in 2 countries instead of 1.
This is a distraction, which causes businesses to invest less in new products or marketing.
In other words, the never-ending directionless tariff policy is a huge handicap on American business.
