Robert M Almeida, Jr

AI investment was primarily funded by two sources:  Massive cash flows from hyperscalers such as Amazon and  private capital.

‘Is it an AI bubble?’ is the wrong question

The larger, more critical issue is the misallocation of capital and the physical constraints that limit growth

In a weightless environment over time, astronauts' muscles begin to atrophy. In investments, a frictionless period such as the 2010s, prevented market losses and  suppressed market breadth.

What astronauts can tell us about active investing – and why it has underperformed

Interest rates play a similar role to gravity in the economy, acting as load-bearing resistance and creating performance disparities between the most...

Via monetary and fiscal policies, the US government’s involvement in the private sector effectively allowed for the privatisation of wealth in good times and for the socialisation of losses in bad ones.

US markets embrace prospect of smaller government 

Investors welcome deregulation under Trump 2.0