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The trade war is over. Tax cut chaos is next. – Fat Tail Daily
Trump isn’t just imposing tariffs. He also wants to cut taxes. If the tariff tantrum gave us a taste for how he’ll go negotiate, hold on tight! Welcome back to the relaunched Daily Reckoning Australia. Of course, we’re not off to a standing start. The DR has been around for decades. And subversive pamphleteering for…
NVIDIA Just Shattered Records: $26 Billion in Revenue!
Get Email Alerts and Follow Us: NVIDIA’s Q1 FY 2025 earnings call highlighted record-breaking results, with a revenue of $26 billion, an 18% sequential and a 262% year-over-year increase. The data center segment was a key driver, contributing $22.6 billion, a 23% sequential and 427% year-over-year growth, driven by the demand for NVIDIA Hopper GPU…
The Curious Case of Fake GDP – Fat Tail Daily
Fake growth produces high asset prices, increased sales and profits, and raises debt levels. It distorts the economy…uses up precious time and resources (capital!)…and actually makes us poorer. “Roll out the (pork) barrel And we’ll have a barrel of fun.” What we know so far… The feds can’t really deliver real growth. All they can…
Linkfest: 26 September, 2024
Some stuff I am reading today morning: Gold hits fresh all time highs (DH) River inter-linking projects to unlock 80,000 Cr biz (BW) India’s natural diamond industry degrows (Fortune) BSE warns merchant bankers over SME IPOs (FE) India’s delicate energy balancing act (Oil Price) Top 10 emerging startups in India (CNBC) Smart beta investors are…
