• Nvidia rockets, moon landing, PE defaults, Jackson Hole, interest, fund withdrawals, unhappiness

  • Aug 24 2023
  • Length: 23 mins
  • Podcast

Nvidia rockets, moon landing, PE defaults, Jackson Hole, interest, fund withdrawals, unhappiness

  • Summary

  • It's central banker week with the world's big wig bankers converging on Jackson Hole. What they say drives the global economy so every word will be dissected.

    Here on planet earth there is a lot going on: Indians on the moon, Nvidia stratospheric, PE companies defaulting on loans, new entrants to BRICS, lost innovation at Boeing, change in peak unhappiness, record consumer fund withdrawals, shrinkage at retailers and the ongoing impact of high interest rates.

    We cover all this and more in this week's video, so kick back for 20 minutes of sense and fun as we try and explain what it all means:

    - India lands on the South Pole of the Moon
    - Wagner leader Yevgeny Prigozhin presumed dead
    - Nvidia stock price crazy ride
    - S&P 500 back in the 4400 range
    - Saudi demand for AI for The Line
    - Record consumer fund withdrawals
    - PE companies defaulting on loans and giving the businesses to, you guessed it, other PE companies
    - Jackson Hole, Wyoming, Monument Valley
    - BRICS new entrants, axis of evil? Team America
    - New Boeing 777xx, where's the innovation?
    - You've lost the edge
    - Peak unhappiness
    - Mortgage rates in the US and the cost of high interest rates
    - Our forecast for Sep/Oct

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    Reference links:


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