Weekly Points – October 18th, 2024 – 5 Things to Know in Investing This Week – The Central Bankers Are Delusional Issue

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Central banks shatter irony meters as a Fed Governor insists they have unlimited dollars, but it’s Bitcoin that has no value. Not to be outdone, the European Central Bank lowers interest rates and at the same time, warns of coming higher inflation. They’d be better off admitting they’re trapped than saying nonsensical things in public. … Read more

Uranium Update

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Previously, we’ve reported on Amazon $AMZN and Microsoft $MSFT contracting to use nuclear power for their AI datacenters. We’ve also written about the efforts to restart decommissioned nuclear plants. Within the last week, Google $GOOGL joined in and signed a nuclear power deal. Today, we got the news that Amazon is heading up an equity … Read more

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