Managing Director, Everglades Parkland Advisors LLC, Author of Beyond Wall Street, Bitcoin, Macro,Jeet Kune Do and Muay Thai enthusiast, Work Hard, Play Harder.evergladesparklandadvisors.com Parkland, FLJoined October 2009
Utilities have long underperformed the market. Regulated electricity output in the past 20 years declined by 10%; net generation increased by only about 0.3% per year.
But then AI arrived, and voracious demand for electricity came with it. One particular utility we track,…
CME Group $CME has partnered with Google Cloud $GOOG to explore and implement tokenization technology for enhancing capital market efficiency.
This initiative involves using Google Cloud's Universal Ledger to test digital asset infrastructure, focusing on improving processes…
Bitcoins price is one thing to track. But the real indicator of Bitcoin’s value is the network hash rate. It’s the marker of the total investment in the network. Real money. Real infrastructure. Real contracts with suppliers. Real capex. Real opex.
So how is the hash rate…
A $380 billion federal deficit in August… while "experts" expected a $293 billion surplus. That's a $673 BILLION miss. HISTORIC deficit of $1.9 trillion YTD, up 24% from last year. And now, for the first time ever, interest on the debt is over $1 TRILLION annually.
In 1930, the federal government cost about 2.5% of our GDP. Today, it is 23% of our GDP. Over the past 90 years, the cost of government has gone up 9 times faster than overall economic output. That’s price gouging.
An underrated component of the current economic situation is that many previously held beliefs are being shattered.
- 60/40 portfolio didn't mitigate risk
- Unemployment low but lots of open roles
- Interest rates high but inflation accelerating
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