Automation is taking place at warp speed, displacing employees from all walks of life. According to a recent report, the U.S. financial industry will depose of 400,000 workers in the next decade because of automating efficiencies. Yes, humans are going the way of the dodo bird, and banking will effectively become algorithms working for a
(THE LONG-TERM INFLATION TARGET MAY BE 2%, BUT THE REALITY WILL LIKELY BE QUITE DIFFERENT) December 27, 2024 Hello everyone The era of stable inflation is over. Yes, the Fed might get inflation down to close to 2%, but I believe they will struggle to keep it there. Let’s check out the reasons
Global Market Comments December 27, 2024 Fiat Lux Featured Trade: (HOW MY MAD HEDGE AI MARKET TIMING ALGORITHM WORKS)
Mad Hedge Biotech and Healthcare Letter December 26, 2024 Fiat Lux Featured Trade: (PHASE 2 OR NOT PHASE 2: THAT'S NOT EVEN A QUESTION IN 2025) (LLY), (NVO)
I had dinner with a veteran biotech investor at San Francisco's Waterbar earlier this month, watching the Bay Bridge lights while discussing what's coming for biotech in 2025. "The game is changing," he said, picking at his salmon. "It's not about platform promises anymore. Show me the Phase 2 data, or don't show up at
Global Market Comments December 26, 2024 Fiat Lux SPECIAL ISSUE ABOUT THE FAR FUTURE Featured Trade: (PEAKING INTO THE FUTURE WITH RAY KURZWEIL), (GOOG), (INTC), (AAPL), (TXN)
Mad Hedge Biotech and Healthcare Letter December 24, 2024 Fiat Lux Featured Trade: (THE LAB RESULTS ARE IN) (GILD), (TSLA), (WVE), (EDIT), (CRSP), (LLY), (NVO), (WMT), (CVS), (CCCC), (RHHBY)
I found myself gridlocked in Bay Area traffic a few days ago, inching past Gilead's (GILD) sprawling Foster City headquarters, when my phone lit up with a call from an old friend at Goldman. “Alright, tell me—what’s the real story with biotech this year?” she asked, her tone hovering somewhere between curiosity and exasperation. “Half
Global Market Comments December 24, 2024 Fiat Lux Featured Trade: (THE NEXT COMMODITY SUPER CYCLE HAS ALREADY STARTED), (COPX), (GLD), (FCX), (BHP), (RIO), (SIL), (PPLT), (PALL), (GOLD), (ECH), (EWZ), (IDX)
Mad Hedge Technology Letter December 23, 2024 Fiat Lux Featured Trade: (THE FUTURE IS HERE) (NO CODE)