Published to the Deep Knowledge Investing blog on November 3rd, 2024. I have been writing less about the macro-economic environment lately. That’s been for two reasons. The primary one is in 2022 and through much of 2023, it was macro considerations that were driving the market. Understanding what was happening with inflation and the Federal … Read more
We’ve now entered earnings season. Las Vegas Sands $LVS misses the headline numbers, but looking a bit deeper, it was a great quarter. Starbucks $SBUX misses badly. DKI thinks they’re focused on too many things that don’t affect the customer experience. Paul Tudor Jones and Stanley Druckenmiller are avoiding owning bonds joining DKI in our … Read more
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
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
