SharpRock @RichardFuLondon

@robin_j_brooks Inflation peaked. The next rate move is down.

@robert_ivanhoe @elonmusk True. Human beings have been living on INDIRECT energy from the sun for milleniums. Now we are eventually getting it DIRECTLY from the sun. Plus AI , EV and electrification, the impact is still underestimated by probably the bravest forecast.

@KobeissiLetter Apart from that, flation peaked and the next move of rate is down.

@robert_ivanhoe Similiar story with copper.

@JavierBlas Good opportunities to sell more.

@FirstSquawk So hard to a surging CPI, or PCE anymore.

For my first post, I’m sharing a letter @NVIDIA signed on why open models matter. AI will transform every industry, power every company, and be built by every country. Open models strengthen safety and cybersecurity, accelerate innovation and diffusion, and enable sovereignty. The world needs both frontier closed models and frontier open models. images.nvidia.com/pdf/Open-Weigh…

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Companies aggressively adopting AI hired 10% more people over two years than those that didn't, according to a Ramp Economics study. @CathieDWood on ARK's "In The Know" says this data point should change how we think about upcoming labor shortages, not job losses.

🚨US job market revisions are crazy: US non-farm payrolls for May and April were revised down by a combined -74,000. Since Jan 2025, employment has been revised in 15 of the last 17 months. TAP IMAGE TO SEE FULL INSIGHT👇 globalmarketsinvestor.beehiiv.com/p/the-us-jobs-…

@C_Barraud No worries. When the prices of the commodities relevant to power increase multi times as they did in the last super cycle, the total Investment in power will catch up easily.

Human beings have been living on indirect energy from the sun for milleniums. Now we are eventually getting it directly from the sun, solar power and other renewables. The impact is still underestimated by probably the most brave forecast. #AI #electrification #oil #Copper

@minenergybiz The requirement for grid upgrade is compelling for power transmission for AI, electrification, renewables, EV, and ALL other industries.

Full-time jobs in the US are falling at a concerning rate: Full-time employment dropped -514,000 in June, to 133.66 million, the lowest since December 2024. This marks the 3rd consecutive monthly decline, totaling -1.01 million. Since January 2025, full-time employment has now fallen -2.24 million This also brings full-time employment back to levels seen in Q1 2023. Meanwhile, the full-time employment-to-population ratio, which measures the proportion of the population working full-time, is down to 48.5%, from 50.5% in 2022, the lowest since mid-2021. The weakness in the US labor market is accelerating.

@CathieDWood Very good point! Human beings have been living on indirect energy from the sun for milleniums. Now we are eventually getting it directly from the sun. Plus AI, EV, electrification, the impact on the economy and relative commodities is still underestimated by the bravest.

@robert_ivanhoe I they the risk of their view couldd be too conservative and short sighted.

@onechancefreedm It will be another carnage in the financial market.

Goldman Delta 1 head: "The most interesting thing I read over the weekend came from Brian Armstrong at Coinbase. The accompanying chart showed AI spend has almost halved while token usage continues to grow exponentially. As Armstrong put it, “The goal isn’t to suppress usage. It’s to build the infrastructure that makes exponential growth sustainable.” The key wasn’t using less AI, but routing. Simple tasks are automatically sent to cheaper local or open-weight models, while frontier models are reserved for genuinely difficult reasoning. As he put it, “Ultimately, humans shouldn’t be choosing models. AI can automate this task.” I think this is one of the clearest examples yet of inference cost deflation. Some enterprises will build on-prem infrastructure, but many will simply route workloads to lower cost providers. The common denominator is that useful output per dollar keeps rising. Ironically, if companies discover they can achieve the same output for half the AI spend, the first instinct may not be to accelerate capex… it may be to pause and optimize."

The TRUTH about Jeremy Grantham Let's set the record straight. You saw the video with Joe Kernen, here are the facts: 1. Jeremy Grantham called the dotcom bubble 5 years too early. 2. ⁠He was eventually vindicated... but the 2002 trough was 39% higher than when he turned bearish in 1995. 3. ⁠He nailed the housing market bubble, and he nailed the recovery perfectly, going long at the absolute bottom in 2009. 4. ⁠He called for a market melt-up in 2018, and was right, but... 5. ⁠Ever since 2021 he's been a bear... the market is up 97% since then. So what's the lesson? There is a Peter Lynch quote that fits perfectly: "Far more money has been lost by investors preparing for corrections, or trying to anticipate corrections, than has been lost in corrections themselves."

Heisenberg @Mr_Derivatives

2 months ago

Omg, permabear Jeremy Grantham and Joe Kernen went AT IT on CNBC today. Must watch TV. Even got Jeremy to say bullshit on live tv lol. But good on Joe for calling him out.

504 306 5K 1.2M 2K

China's M2 money supply just hit a record 240% of GDP, the highest of any major economy on earth. Japan is next at 185%, the US sits near 70%. China's money supply is up 500% in dollar terms since 2008. Now have you seen what China is doing with gold? The PBoC bought gold for the 19th straight month in May. They imported 163 tonnes that month and 692 tonnes in the first 5 months of 2026, up 76%. Banks are easing imports, paying yield on gold, and taking it as loan collateral. The largest money printer on the planet is also the largest gold accumulator. China is debasing its currency at a scale no one has run before, and putting gold underneath it. Do you understand what's happening?