Stop. Take a Deep Breath.

Stop. Take a Deep Breath. The last few weeks have been amazing to watch, even for old investment pros. The narrative which over the course of 2022 had gone in our direction (recession), first flipped to a soft-landing scenario (slow growth, but no recession), then flipped to a ‘no-landing’ scenario (i.e., economic growth continues). Finally, […]
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CHIPs and Science Act Aims to Preserve US Technology Edge

CHIPs and Science Act Aims to Preserve U.S. Technology Edge The CHIPs and Science Act of 2022, signed into law on August 9, is a bipartisan legislation package that provides more than $50 billion in direct financial assistance for semiconductor companies to increase U.S.-based design, research, and manufacturing capabilities. In addition, the legislation authorizes nearly […]
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We Choose to go to the Moon | April 2, 2022

We Choose to go to the Moon The plan for a deeply connected, just-in-time, global supply chain that will lower costs for everyone took a hard punch when Donald Trump was elected President, but the pandemic and the Ukraine war have now struck mighty blows and ‘the plan’ is getting tossed. The global economy appears […]
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A Large Bubble in Search of a Large Pin | January 22, 2022

A Large Bubble in Search of a Large Pin We have been telling you for a long time that markets are expensive. This week, they got a little cheaper. Is it over? Yes and no. Markets don’t go down in straight lines and this market is very oversold on a short-term basis, so a rally […]
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