Postcards from the florida republic An independent and profitable state of mind. “I got the shotgun. You got the briefcase. S'all in the game." Omar Little to lawyer Maurice Levy, Season 1, The Wire Yesterday, I asked a question: What is the business model of the government? The malfunctioning corporation in which Americans invest their time, money, and lives, some without […]
Archives for July 2023
July 2023 - Money Morning - Only the News You Can Profit From
Chart of the Day: Washington's AI Budget Bulge
Capitol Hill is funneling more funds to artificial intelligence (AI) research & development (R&D). Since 2018, the non-defense R&D budget has grown 228.5% to more than $1.8 billion. The largest recipient of the funds is the National Science Foundation (NSF), which is receiving $698 million for fiscal year 2023. The second largest slice of the […]
The $1.8-Trillion Prize at the Heart of this Cloak and Dagger
There’s a war brewing… Battlelines are being drawn in Chengdu, Suzhou, Tucheng, Hsinchu City, Kikuyo, Folsom, Thousand Oaks, Casa Grande, Madison, and on to Portland, Maine. The soldiers are names we know… Nvidia (NVDA), Intel (INTC), AMD (AMD), Broadcom (AVGO), Wolfspeed (WOLF), Texas Instruments (TXN), Hon Hai Precision (HNHPF), Taiwan Semiconductor (TSM), and more. But […]
Here's the Weird "Business Model" Driving Government Off the Rails
Postcards from the florida republic: An independent and profitable state of mind. If the United States government were a business, would you invest? Good lord, no, right? Neither would I. But let's think for a minute… You'd have to ask yourself the first question: “What is the product they’re making?” One could argue war, financial perma-crisis, […]
The Earnings and Events to Watch the Week of July 31
postcards from the florida republic: An independent and profitable state of mind. At the pub this week, we got word of two Florida fishermen who caught a small shark. But… As they pulled the first catch of the day closer to the boat, a jealous thief decided to swoop in and snatch the prize… The […]
China Is About to “Flood the Zone” with Cash – Here’s How to Profit
postcards from the florida republic: An independent and profitable state of mind. I have returned from Boca Raton. The typical drive from Boca to Bonita is about 2.5 hours. Last night, unfortunately, it took 4.5 hours. Right as we turned onto Alligator Alley, we had to cool our heels for two hours due to a […]
The $600-Billion Reason China is Eyeing Taiwan
By far, Beijing’s most triggering pain point is Taiwan. The faintest suggestion that the thriving, democratic technological superpower across the Taiwan Strait is anything other than an “integral, inseparable part” of the People’s Republic of China throws Beijing’s Communist honchos into a white-hot fury. Even the United States, which pivoted toward diplomatic relations with Beijing […]
14 Billion Reasons to Bet On a Green Transition
Global mergers and acquisitions (M&A) activity has hit 10-year lows… but that wouldn't faze you if you were only watching the energy sector. It's as if the Permian Basin, the crown jewel of U.S. energy production, is a world unto itself, and dealmaking never died there. Deals are being announced left and right, from Permian Resources (PR) […]
Here’s What’s Driving All That Economic Growth Right Now
Greetings from Boca Raton. I’m sitting this morning on the balcony of the beach club at the Boca Raton Hotel. There’s luxury… and then there’s the Boca Raton. Wow… I just came over for a conference this morning, and now I want to make this the capital of the Florida Republic. Well, almost… Apparently, “they” […]
Chart of the Day: Here’s How Critical Taiwan Is to the Chip Sector
There’s one resource our modern world relies more on than anything else… semiconductors. Chips are not only in our computers, but our phones, our cars, our televisions, microwaves, stovetops, and refrigerators… basically every item in and outside our homes. And as we saw during the heights of the pandemic, when factories were closed, the resulting […]