Market Shifts
Ai Infrastructure Control and the Economics…
“Control the route, control the business.” — Cornelius Vanderbilt Cornelius Vanderbilt, born on Staten Island, New York, in 1794, was one of America’s most formidable entrepreneurs. Rising from remarkably humble beginnings, Vanderbilt left school at an early age and received no formal collegiate education. Through relentless determination, an uncompromising competitive spirit, and an extraordinary work…
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Moral Hazard
“The difference between a politician and a statesman is: a politician thinks of the next election; a statesman thinks of the next generation.” — James Freeman Clarke How political expediency and Fed-induced moral hazard changed stock-market price discovery starting in 08’, and changed risk/reward forever… The late 2000s were unprecedented, particularly from a macroeconomic perspective.…
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Tech Bubble?
“By 2005 or so, it will become clear that the Internet’s impact on the economy has been no greater than the fax machine’s.” — Paul Krugman, Economics Nobel Laureate, 1998 Is this the late 90’s, all over again?… As of this writing, the Mag 7 composed of Apple, Microsoft, Alphabet, Amazon, Nvidia, Meta Platforms, and…
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