MBCC TH 28th June'23 - "The Fed has some tough choices to make? The fall from grace $NVDA/$AMD - how discounting future earnings on day 1 never pays off!"
Very few have been commenting in a rational and sane manner especially when seeing 50%+ and 200%+ returns in some names (
) is one of few, which quite aptly speaks to his slogan “few” ironically.The rush to buy anything giving more than 5% returns in Bonds, caused investors to rush into the AI frenzy with investors pricing all of the upside 5 years from now on day 1, well with rates close to 5%+, no one bothered looking at an equity model, just blinding chasing charts! Today US Biden admin is threatening to limit 20% of its growth/revenue to China by extending the ban to their newer chips. What does that mean?
We discuss this and the Fed’s dilemma in July. What do our physical Commodity market models tell us is happening in the real market?