Locator: 50995ANTICIPATION.
I'm back to watching a lot of CNBC again. A lot.
I don't think many analysts and few of the CNBC anchors "see" what I'm seeing.
The fourth (sixth) industrial revolution is huge. I've not heard anyone refer to this as a revolution in a long, long time, but it's huge. There is no sign of slowing down.
AI.
Stories abound.
Now this one: link here.
Anticipation:
Apple literally can't keep up with demand. Looks like it may partner with Intel with chips for Apple's new iPhone, out next year.
Mideast: link here. Folks are going to be amazed how fast things return to normal if IRGC and Israel abide by "the deal."
Inflation: this "2% target" set by the FOMC ("the Fed") -- amazing how something so manmade / so trivial causes so much angst.
CNBC anchors will talk about this day in / day out for the next eighteen months. Spoiler alert: at most the Fed will move interest rates up or down 75 basis points, and right now it appears they won't be moving overnight interest rates at all for the next 18 months. Meanwhile, nations around the world are hiking interest rates. Let's see, if we raise interest rates that will slow the rate of inflation. Okay. How does that work? Have things changed? And really, raising the interest rates 25 basis points will affect anyone?
Bonds: wow, I'm glad I'm not in bonds. I don't understand bonds at all. I remain fully invested. Horizon: 30 years + one day, rolling horizon.
Crypto, gold, and now SpaceX: I thought of that several days ago. It was mentioned on CNBC yesterday -- I believe Melissa's "Fast Money" at the of the day, just before Cramer's "Mad Money."
About six months from now SpaceX will become a trading stock (like crypto, like gold), not an investing stock, and it will remain so for thirty years, maybe longer. SpaceX will be huge for LEO / communication / AI satellites, but no, humans are not going to Mars. Ever. But yes, StarLink for American Airlines and other remote locations on earth. Like Africa and Wyoming. Some parts of Iowa.
Roku: I don't understand this at all -- Fox acquiring Roku. What's that all about. And for $22 billion? I thought Roku was dead.
All "living room" hubs need to get into one's house one way or the other: either by cable (copper or fiber) or by signals (towers or LEO satellites). Once the signal reaches the "living room," then it needs to go into a black box (modem/router) -- call it what you want. Roku calls it ... Roku. So, customers are going to pay for the initial access from the cable/tower/satellite, and then pay again for modem/router, and the latter will succeed / fail based on ease of use and cost. The former (cable/tower/satellite) wil succeed / fail based on cost and reliability. Once installed, eaxd of use is generally not an issue.
I spend about an hour with Gemini on Roku. Absolutely fascinating.
