Daily Archives: May 26, 2023

Tech mania magnifies downside from here

In the latest AI-driven chapter of mania, chipmaker Nvidia has leapt 186% year to date and is trading about 15% above its November 2021 top. At less than $50 billion in expected 2023 revenue and a current market cap of … Continue reading

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Lacy Hunt update on financial and business cycle

For those that want to skip to the bottom line, a discussion of the latest money flow data begins at the 29-minute mark on the play bar. Dr. Lacy Hunt and I discuss how excessive debt never ends well. Additionally, … Continue reading

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