Thursday, October 23, 2025

The X-Files -- October 23, 2025

Locator: 49487XFILES.

Non sequiuur: there really are a lot of incredibly bright young people getting world class educations in four geographic regions of the US --

  • northeast: Virginia to Boston
  • Austin's silicon valley (Texas)
  • Bay Area, California
  • Illinois-Ohio-Pennsylvania

Before we get started:

This feels like a Friday! 

ChatGPT

  • just reported this past week, that worldwide, 8 million ChatGPT users
  • that's 10% of global population
  • 65% of global population has access to the internet, but "home connection" numbers not easily determined. 

Rates: the Fed is going to cut next week. It's just a matter of how much. 

Investing: Uber + Tesla -- we may have reached a tipping point.

Investing: whistling past the graveyard -- 

  • we've just gotten through the worse two trading weeks in October! Whoo-hoo!
  • a couple of more weeks for money managers to dress up their books and then back to business as usual; whoo-hoo;

Investing: Goldilocks in the market and a government shutdown; what more could one want?

  • not seen often but today both "tech" and "oil" are doing well; 

On the record:

  • government shutdown:
    • GOP found a way to fund both military pay and pay for Federal workers who are still on the job; Democrats couldn't accept this; voted almost en bloc to stop those payments;
  • ICE:
    • Memphis crackdown: > 1,000 arrests and dozens of missing children found;
  • mRNA
    • cancer survival rates enhanced with mRNA vaccines. Flatlanders aghast.

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X-Files

San Antonio and the Dodgers. I have been so fortunate to have so many personal memories and great memories of both these teams. These teams truly enriched my life and the relationship I've had with my extended family. I could write a lot but I'll save this for my "family" blogs.  

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Disclaimer
Brief Reminder 

Briefly:

  • I am inappropriately exuberant about the Bakken and I am often well out front of my headlights. I am often appropriately accused of hyperbole when it comes to the Bakken.
  • I am inappropriately exuberant about the US economy and the US market.
  • I am also inappropriately exuberant about all things Apple. 
  • See disclaimer. This is not an investment site. 
  • Disclaimer: this is not an investment site. Do not make any investment, financial, job, career, travel, or relationship decisions based on what you read here or think you may have read here. 
  • All my posts are done quickly: there will be content and typographical errors. If something appears wrong, it probably is. Feel free to fact check everything.
  • If anything on any of my posts is important to you, go to the source. If/when I find typographical / content errors, I will correct them. 
  • Many posts are not proofread for several days after they've been posted.  
  • Reminder: I am inappropriately exuberant about the Bakken, US economy, and the US market.
  • I am also inappropriately exuberant about all things Apple. 
  • And now, Nvidia, also. I am also inappropriately exuberant about all things Nvidia. Nvidia is a metonym for AI and/or the sixth industrial revolution.
  • I've now added Broadcom to the disclaimer. I am also inappropriately exuberant about all things Broadcom.
  • And Oracle. 
  • Longer version here.  

The links:

The screenshots: