Friday, October 3, 2025

"L.A.’s Entertainment Economy Is Looking Like a Disaster Movie"

›
From the Wall Street Journal, October 2: Work is evaporating, businesses are closing, longtime residents are leaving, and the city’s creativ...

"Will We Know Artificial General Intelligence When We See It?"

›
From IEEE Spectrum, September 22: The Turing Test is defunct. We need a new IQ test for AI   Buzzwords in the field of artificial intellige...

Electricity: Canada Pension Plan Investments Buys A Piece Of U.S. Independent Power Producer AlphaGen For $1 Billion

›
From the Toronto Star, October 2: CPP Investments invests US$1 billion in U.S. power producer AlphaGen The Canada Pension Plan Investment Bo...

"Bezos Says AI Spending Boom Is a Bubble That Will Pay Off"

›
From Bloomberg via Advisor Perspectives, October 3:  Amazon.com Inc. Chairman Jeff Bezos said that the spending on artificial intelligence ...

"Tesla's New 'Master Plan 4' Puts EVs On The Backburner" (TSLA)

›
From Inside EVs, September 2 :  Tesla's so-called " Master Plans " have been more or less the guiding principles behind how t...

Wow! "Truck driver spent 21 years creating a massive model of New York City out of balsa wood: ‘It was quite the process’"

›
From the New York Post, July 21: Is this NYC’s next top model? Joe Macken has spent the past 21 years painstakingly erecting an intrica...

BlackRock's Global Infrastructure Partners Circling $40 Billion Data Center Purchase (BLK)

›
 From Bloomberg via MSN, October 3: BlackRock Nears $40 Billion Data Center Deal in Bet on AI  BlackRock Inc.’s Global Infrastructure Part...

"Capex Cycles"

›
From Verdad Advisers, September 8: Measuring the impact of higher capex on business fundamentals.  We are currently in the middle of a massi...

"$100 billion OmegaPro scandal highlights Turkey’s role as a haven for global fraudsters"

›
That would be a big fraud. From Nordic Monitor, September 29: A massive US class-action lawsuit has turned the spotlight on Turkey’s growin...

Capital Markets: "The Dollar Limps into the Weekend"

›
From Marc to Market: Overview: The US dollar is trading softer but most inside yesterday's ranges. An unexpected jump in Japanese unemp...
Thursday, October 2, 2025

Electric Cable Giant, Prysmian S.p.A. Closes At All-Time High (PRY.MI)

›
They are also big in optical fiber cabling but since they bought America's General Cable Prysmian is far-and-away the class of the field...

"PG&E Launches $73B California Grid Plan To Feed Starving AI"

›
From OilPrice, September 29: Pacific Gas and Electric has unveiled a $73-billion spending program through 2030 to overhaul California’s gr...

Fun Fact: "Just under 50% of GDP growth is attributable to AI Capex"

›
From the proprietor of The Random Walk . AI-Capex is the everything cycle, now Just under 50% of GDP growth is attributable to AI Capex pic....

"Offshore Wind Is a Mess. A Hedge Fund Sees the Perfect Time to Buy"

›
From Barron's, September 30: Hedge fund founder Charles Lemonides is making a bet on an industry most investors wouldn’t touch today: of...

GE Vernova Downgrades Royal Bank of Canada: They're A False Bacon Of Hope, Eh? (RY; GEV)

›
In pre-market action RY is DOWN 0.12 (-0.08%) at $147.20. Here's yesterday's news that knocked GEV down $8.75 (-1.42%).  From Sherwo...

Capital Markets: It's Quiet Out There, Too Quiet

›
 Our headline, not Marc Chandler of Bannockburn Global Forex's. He went with "Quiet Foreign Exchange Market in which the Greenback ...
Wednesday, October 1, 2025

"Ford's CEO Issues A Stark Warning For America's EV Industry" (F; TSLA)

›
Readers who have been with us for a while knew this but it is nice to have confirmation from someon in the belly of the beast. From InsideEV...

"Fermi IPO Is a Risky Bet on AI Power. The Stock Is Soaring in Its Debut." (FRMI)

›
From Barron's, October 1: Fermi , a Texas company aiming to power data centers with natural gas plants and nuclear reactors, is moving a...

"ADP report: Private employers unexpectedly shed 32,000 jobs as labor market continues pullback"

›
From Yahoo Finance, October 1: The data adds to mounting signs of trouble in the job market.  US private employers shed 32,000 jobs in Septe...

"Oktoberfest Closed Because of Bomb Threat in Munich"

›
 From the New York Times, October 1: The German authorities said the rare decision was taken after an earlier explosion in a residential are...

Flashpoint: "The Romanian President proposed a plan for the annexation of Transnistria to Moldova"

›
First up, the headliner lifted in toto from Russia's OreandaNews , September 30:  Romanian President Nicusor Dan proposed to annex the P...

"Big Question If OpenAI-Oracle-NVIDIA 'Infinite Money Glitch' Can Sustain, Says Elon Musk"

›
From India's always interesting OfficeChai, September 24: OpenAI, NVIDIA and Oracle are currently engaged in a careful dance that’s rai...

Private Equity: BlackRock's Global Infrastructure Partners Close To $38 Billion Takeover Of Major Utility AES

›
As noted in January 2024 when BLK bought GIP :  I'm telling ya, this is a big deal. Not just for the $12.5 billion purchase price but f...

Capital Markets: "Markets Take US Government Shutdown in Stride"

›
From Marc to Market: Overview: The US federal government is under partial closure following the inability to approve appropriations to star...
Tuesday, September 30, 2025

"QAnon Shaman says he’s rightful president, sues Trump for $40 trillion"

›
Following on the post immediately below, " Illinois Governor Pritzker Calls For 25th Amendment To Be Invoked On Trump ".  From the...

Illinois Governor Pritzker Calls For 25th Amendment To Be Invoked On Trump

›
From Forbes Breaking News , September 30: 'Something Genuinely Wrong With This Man': Pritzker Calls For 25th Amendment To Be Invoked...

Luttwak—"Will Putin call Nato’s bluff? European militaries are a paper tiger"

›
God I hope not. From Unherd, September 28:  “Paper tiger”. That is how Donald Trump described Russia during his UN speech on Tuesday, but j...

Société Générale's Albert Edwards Au Contraire Contrary Indicator

›
But that way lies madness.  "In case you missed it, I was bullish last week!" Oh dear. Probably time to sell everything! https://...

"The economics of self-driving taxis" (GOOG; UBER)

›
You want economics? Here's a nasty person on the economics: "When there's no other dude in the car, the cost of taking an Uber ...