Tightwire Act

Tightwire Act The Fed could be walking a tight wire. The state of the labor market is critical for Fed policy. As the labor market remained tight, the Fed could afford to be patient with rate cuts to make sure inflation does not revive. But a Bloomberg economist is taking exception to the idea that […]
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Short Takes for a Long Weekend

Short Takes for a Long Weekend A Tentative Green Light The ‘most important event this week’ was the earnings report from AI leader, NVIDIA (NVDA) on Wednesday afternoon. The good news is that earnings exceeded expectations once again, the company announced a 10-for-1 split and the stock hit a new high in excess of $1,000. […]
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It Don’t Come Easy

It Don’t Come Easy We’ve been concerned that the Street’s view of AI has been a bit ‘one-sided’, that is, looking only at the benefits, and not focusing on the costs. That may have come to an end this week as AI had its first collision with reality when Meta offered weaker Q2 revenue guidance […]
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The Elephant in the Room

The Elephant in the Room We have long held that the Fed has been the dominant force in both the stock and bond markets. Rates going down? Then markets are moving up, and vice versa. That has generally been true since the recovery started in 2009. More recently, the Fed has taken a back seat. […]
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The Future of NVIDIA with Philip Panaro | Philip Palumbo

Making Informed Decisions Using Macroeconomic Trends with Veneta Dimitrova | Palumbo Podcast Veneta Dimitrova is the Senior U.S. Economist for Ned Davis Research. She is the primary person responsible for formulating the U.S. economic outlook and identifying macroeconomic trends…
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EV’s Running Out of Customers? We’ve Seen This Movie Before!

EV’s Running Out of Customers? We’ve Seen This Movie Before! The title this week was prompted by a headline on Business Insider ”EVs are running out of customers — and some dealers don’t want them anymore”. Not long ago, this headline seemed unfathomable. The move toward green tech seemed unstoppable, and EV demand seemed insatiable, […]
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It’s a Mad, Mad, Mad, Mad World

It’s a Mad, Mad, Mad, Mad World Our title this week is also the title of a 1963 comedy. The movie is about a group of motorists that witness a deadly accident. The drivers’ final words are the location of a hidden stash of money. The situation quickly devolves into a wild and hilarious free […]
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