EV @evmacro
Macroeconomic Research · China. Unlocking core dynamics through independent, data-driven foresight. We leverage proprietary high-frequency data to cut through m evmacro.com CHINA.BEIJING Joined October 2026-
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AI Investment Demand Is Driving Up Capital Goods Prices The memory-chip industry entered a supercycle in the third quarter of 2025, with supply-demand balances tight and tightening. AI servers require 8 times the DRAM and 3 times the NAND of conventional servers...
The Coming U.S. “Sub-Crisis” First, investors have mistakenly equated the secondary-market investment logic for AI with the development logic of the AI industry. The AI industry will transform the world and retains enormous long-run growth potential;
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Brad Setser @Brad_Setser
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Robin Brooks @robin_j_brooks
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