July 2024 Newsletter
WARREN BUFFETT? At 6 years old Warren was working selling gum and Coca Cola door to door. By the time he was a teenager he had pinball machines in barber shops and a profit-sharing arrangement on a 40-acre farm near…
WARREN BUFFETT? At 6 years old Warren was working selling gum and Coca Cola door to door. By the time he was a teenager he had pinball machines in barber shops and a profit-sharing arrangement on a 40-acre farm near…
Data Center Demand? Data center demand is projected to double in the U.S. by 2030. To meet this demand proposals for new centers are sprouting up all over the country. Northern Virginia is one of the biggest data center…
What good will come from AI? Almost anything to solve that involves huge amounts of data to mine for the answer has an automatic advantage when combined with machine learning algorithms. That is what AI is doing and it already…
Stock Markets ? The Japanese stock market has just now made a comeback from its 1989 high. After reaching a high at the end of 1989 Japanese stocks went on an 80% decline. 34 years and just now getting…
Back to the Future? Fort Belvoir Virginia located just down the Potomac River from Washington DC was the location of the first nuclear plant producing electricity that was sent to the grid. One year later in 1958 Dwight Eisenhower opened…
The Last 2 Years? Six Flags over Georgia opened the Great American Scream Machine in 1973. Put your arms up, and on the way down, for a second or 2 you were weightless. Much like a roller coaster stocks over…
Santa Claus? The Legend of Santa Claus can be traced back to a monk named St. Nicholas who was born about 280 A.D. near Myra in modern day Turkey. St. Nicholas the monk gave away all his inherited wealth…
Artificial Intelligence? Brad Rutter and Ken Jennings were jeopardy grand champions; but this time they were up against a machine: IBM’s Watson. By the end of the 3rd and conclusive match Watson was up by $50,000. It was not…
Higher for Longer Interest Rates? It has taken over a year and a half for interest rates to rise on the long end (over 5-year maturities). That time looks like it is here. We have had an inverted yield…
China? China is big, its land area is only 2% less than the U.S. It has a large population of approximately 1.4 billion. It was the most populous country; sometime this year it is predicted that India will surpass it…