AI‑driven Construction Boom Adds 50k Skilled Jobs
.@RickRieder making this point on Bloomberg: Non-residential construction, 50k job gains over the past yr, w/ hyperscale projects creating strong demand for skilled trades (electricians, MEP specialists / commissioning teams). That $3T of AI capex comes w/ a price - see bonds. https://t.co/wOjSkr7ySY
Stadium Crowds Trigger Massive Short-Term Travel Emissions Spike
6M total stadium attendees across 104 matches. Expect billions of passenger-miles flown (tens to low hundreds of millions of gallons jet fuel) + hundreds of millions of road miles driven (tens of millions of gallons gasoline). Massive short-term spike, especially...
NVIDIA's Stock Flat Since October Amid 85% Revenue Surge
The "Pump Master" never fails. NVIDIA's $NVDA equity is unchanged since October, during the largest tech bull run since the 1990s. *Revenues +85% (+20% sequentially from the prior quarter).
Zero‑rate Era Produced Massive Bond Issuance Worldwide
Where are they now? Globally, bonds issued when interest rates were near ZERO, 2015–2021, though total global long-term fixed-income issuance (per SIFMA) was higher (~$158 trillion cumulatively). - Grok https://t.co/XCQZy1Rgxn
Rising Rates Push Global Bond Prices Into Decline
Interest Rates Up - long term Bond Prices Down, we are crashing globally. UK: 5.81%* US: 4.53% Germany: 3.11% Japan: 2.70% *UK 30s, highest since 1998.
Core CPI at 0.4% Could Yield 4.9% YoY
A Multipolar World - Got Hard Assets? CPI Core MoM: 0.4% vs 0.3% exp. If monthly CPI rises by 0.4% each month for the next 12 months and compounds, the year-over-year CPI inflation rate over 12 months would...
India's Coal Plant Boom Outpaces Global Expectations
India: 290* has operational coal power plants, second globally after China (1,195). *Up from 210-240 a decade ago. **One billion people in India do NOT own an automobile and do NOT have air conditioning, so carbon consumption will be MUCH higher in...
Commodity Boom Highlights Hidden QE via Treasury Mandate
One Year Silver $SLV +161% Copper Miners $COPX +124% Gold Miners $GDX +94% Uranium $URNM +80% Forcing the U.S. banks to buy $1T of Treasuries while claiming to reduce the Fed’s balance sheet is still QE. Financial repression.
Key Trends and Trades Amid Financial Repression Unveiled
The top trends and trades in the wild world of financial repression. Special thanks to @tomkeene and Bloomberg Surveillance - we’ll be on soon. https://t.co/MX5hi33aji
US Refineries Ramp Up Ahead of Summer Driving Surge
Summer driving season approaching - U.S. refineries have the pedal to the metal right now - triggering stress points.
Boomers 80, $79T Wealth Fuels Healthcare Boom
A decade ago. We were lectured and lectured and lectured again - over and over again from Wall St. analysts. "The USA has an aging population. Health care is the undeniable sector of the future." Today, the oldest baby boomer...
Beware: Massive IPO Valuations Threaten Your 401(k)
In case you missed this - High impact on your 401K. The three big IPOs “valuation” - Spacex $1.7T , OpenAI $800B, Anthropic $400B — the great dumping ground on passive investors. Just say NO! https://t.co/u9ozqm1l29
Powell Calls Inflation “Well Anchored” As Core PCE Doubles
May 2022–May 2026 -- Federal Reserve Chair Jerome Powell has used the phrase “well anchored” dozens of times, making it one of his most repeated talking points on inflation. Yet core PCE inflation (the Fed's "preferred" measure) is 2x the...
Rising Gas Prices Make Tesla $2k Cheaper Annually
Markets are Speaking Gasoline commodity since January: +100% This is what higher gas prices do to EV demand. It's now almost $2000 cheaper to drive a Tesla than a gasoline-powered car per year. cc @elonmusk https://t.co/sx9JHvByFa
Semis SOXX Outpaces Nasdaq with 240% Gain
Semis SOXX vs. Nasdaq Composite (56 weeks) SOXX 2025-2026: +240%* Nasdaq 1999-2000: +130%** *April 2025 low to May 2026 high **February 1999 low to March 2000 high Bloomberg data