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1940s

Zoomed in on a single transistor. ASML’s photolithography machines build your CPUs. 10,000x smaller, 1,000x faster since the 1940s.

August 25, 2025 2:31 pm

A SINGLE TRANSISTOR UNDER THE MICROSCOPE That insane zoomed-in video? It reveals one lonely CPU transistor, the building block of every chip. Transistors are crafted using photolithography, where ultraviolet light etches microscopic patterns into silicon, repeated hundreds to thousands of …

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Categories Markets Leave a comment

We’re staring down 1970s inflation, 1940s debt, and 1920s asset bubbles. Hard assets may be the only real hedge left.

May 7, 2025 10:01 pm

Almost exactly one year ago, Jay Powell said: "I don't see the stag, nor the 'flation.'" Today, the Fed’s projections anticipate both. This is a timely reminder that we’re still grappling with a rare trifecta of macro imbalances: Inflation like …

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Categories Heads Up Leave a comment

Economic cycle resembles 1970s, but echoes of 1940s may emerge in debt-ridden environment

October 25, 2023 9:22 pm

Amid ongoing debates, the unfolding of the current economic cycle appears to align more with the 1970s than the World War II era, based on available data. Despite the ongoing debates, the current economic cycle has unfolded much more like …

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Categories Markets Leave a comment

The number of young adults living with their parents has reached record highs, not seen since the Great Depression in the 1940s — Nearly half of young adults ages 18-29 in the U.S. now live with their parents, per Morgan Stanley.

September 5, 2023 8:15 pm

What can be done to fix this? h/t TonyLiberty

Categories Markets Leave a comment

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