My Economic Philosophy: Free Video
Several months ago, I conducted an experiment using the Deep Research function in Gemini, Google’s AI model. I gave it just…
What If Anthropic’s IPO Fails?
Could the failure of one IPO trigger a stock market crash and a severe recession? Anthropic, one of the world’s…
Three developments stand out in today's economic and financial news.
First, Jensen Huang has resigned as CEO of Nvidia, ending more than three decades of leadership at one of the world's most important technology companies. Chief Financial Officer Colette Kress has been appointed interim CEO.
The departure creates uncertainty at a company central to America's AI industry and technological competition with China.
Second, Nebius reported extraordinary third-quarter revenue growth of 571%, but its shares plunged nearly 17%. The company lowered its near-term revenue expectations because of data center capacity delays while outlining plans for $40 billion to $45 billion in capital expenditure during 2027.
America’s $10 Trillion AI Bet
America is embarking on what could become the largest investment boom in history. And the stakes could hardly be higher.…
Interview: From Creditism to Cognitism — The Next Economic Revolution
I recently joined Lane Kawaoka on The Wealth Elevator Podcast to discuss how our economic system has evolved since the…
Other Recent Blog Posts
The Road to 7% Yields and a Stock Market Crash
The yield on the 10-year US government bond surged above 5.2% last week, reaching its highest level since 2007. That move has major implications for
The Fed Had To Raise Rates To Stop Rates From Rising
The Federal Reserve raised interest rates this week. At first glance, the reason seems obvious: inflation is too high. But I believe something much more
Interview: The New Economic Era
I recently joined Keith Weinhold on the Get Rich Education podcast to discuss some of the biggest forces reshaping the global economy today. We talked about the
Japan’s Monetary Reversal Could Wipe Out Trillions
For more than 25 years, the Bank of Japan conducted the most radical monetary experiment the world had ever seen. Now, the BOJ is reversing
Japan Could Shake Global Markets Again
Is the Yen Carry Trade About to Unwind? During the first days of August 2024, the yen appreciated by approximately 13%. That helped trigger an
Free Video: The Defense Industry Is Being Reinvented
I have just published a new seven-minute video, The Defense Industry Is Being Reinvented. It is free for everyone to watch, and I highly recommend it.
FREE VIDEO: Deficits, Bubbles, China, Defense, And AI — A Framework for Understanding the World Today
This Macro Watch video is free for everyone to watch. You do not need to be a Macro Watch subscriber. Over the last several months,
The AI Arms Race Has Begun
Artificial intelligence is rapidly becoming the most important military technology of our age. The country that masters AI first will dominate the rest of this
The Silicon Valley Challengers
The US defense industry is being transformed. For decades, the Pentagon relied mainly on a small group of large defense contractors to build America’s most
The Titans of Traditional Defense
America is entering a new era of rearmament. President Trump has called for $1.5 trillion of defense spending in fiscal year 2027, a dramatic increase
