Independent thinking for complex markets and current events
Something about the AI race keeps bothering me. Every earnings season, the spending gets bigger. The timeline for earning it back stays fuzzy. Microsoft, Meta, Amazon, and Google are pouring hundreds of billions of dollars into AI infrastructure, building data centers, buying GPUs, expanding power capacity, and upgrading networks at a pace the industry has …
This is going well so far. Dumbasses who don’t understand how credit works & who are financially irresponsible are now facing their own financial reckoning day as Biden’s loan “forgiveness” (putting taxpayers on the hook) isn’t a thing anymore. Ante up, deadbeats! byu/Boo_Randy_II inWallstreetsilver
by confoundedinterest17 Housing in the US is simply unaffordable, particularly after HUD levied new regulation rising the cost of new housing up to $31,000. Wait for this to kick into the data for mortgage demand! Mortgage applications decreased 2.3 percent from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications …
