Amazon is taking out the knife and getting lean. The repercussions will be widespread as they hack off 30,000 corporate workers starting tomorrow. This means that the AI revolution is in full swing with many of these jobs substituted by AI functions and the rest offshored to arbitrage cheaper labor costs. This is just the […]
(DEFENCE TECHNOLOGY IS PICKING UP THE PACE IN AUSTRALIA) October 29, 2025 Hello everyone INFLATION A DRAG IN AUSTRALIA Inflation has eaten the Melbourne Cup luncheon; the latest data shows a surge in inflation in Australia – to 3.2% – it’s the highest in over a year. 3.0% was forecast. […]
Global Market Comments October 29, 2025 Fiat Lux Featured Trade: (THE IRS LETTER YOU SHOULD DREAD), (TESTIMONIAL)
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I knew the letter from the IRS sitting in my mailbox was bad news just from the color of the paper. It was not light green, the color of a refund check from the United States Treasury. Instead, it was white, warning that it contained some sort of demand, audit notice, or threatened legal action. […]
Mad Hedge Biotech and Healthcare Letter October 28, 2025 Fiat Lux Featured Trade: (PROOF THAT SOMETIMES THE OBVIOUS PLAY IS OBVIOUSLY RIGHT) (LLY), (NVO)
Did you know that pharmaceutical companies waste approximately 40% of their production capacity every single day? It’s been that way since the 1950s when most drug manufacturing processes were designed. A lot of people have no clue about this inefficiency, but it’s about to become the difference between winning and losing in the obesity drug […]
Global Market Comments October 28, 2025 Fiat Lux Featured Trade: (PLEASE USE MY FREE DATABASE SEARCH)
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The original purpose of this letter was to build a database of ideas to draw on in the management of my hedge fund. When a certain trade comes into play, I merely type in the symbol, name, currency, or commodity into the search box, and the entire fundamental argument in favor of that position pops […]
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When asked about the urban legend that the vaults at Fort Knox are empty, and that the Fed has no gold, former Federal Reserve Chairman Ben Bernanke responded, “I’ve been to the basement of the New York Fed. The gold is there. I’ve seen it.”
The explosive rise of Artificial Intelligence (AI) stocks has been the defining narrative of the global equity markets since late 2022. Driven by the groundbreaking capabilities of generative AI—epitomized by models like ChatGPT and the relentless demand for the hardware that powers them—the sector has soared to valuations that defy traditional metrics. Companies central to […]