On this week’s episode we discuss the $1 trillion credit card debt number and why that doesn’t matter, Andy Jassy’s 3 layers to generative AI and LLMs, forecasted AI investment over the next 3 decades, what could cause interest rates to continue higher, July CPI and shelter inflation, the continuously crazy jobs market, and how American’s home equity may keep the economy afloat.
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Disney report earnings
The stock market is at it’s 10th best start EVER
Layers to LLMs
AI investment forecast to approach $200 billion globally
LK-99, what is that?
Why rates may go higher
Credit card debt sets new record at $1 trillion, and it doesn’t mean anything
It’s inflation, but it’s different
Where Is Shelter Inflation Headed?
Jobs are still hot, but less hot
Americans are sitting on a ton of home equity
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